Primoris Services Corporation
NASDAQ•PRIM
CEO: Mr. Thomas E. McCormick
Sector: Industrials
Industry: Engineering & Construction
Listing Date: 2008-08-06
Primoris Services Corporation, a specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company operates through Utilities and Energy/Renewables segments. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, and petrochemical industries, as well as state departments of transportation. It also offers pipeline construction and maintenance, and storage services; pipeline facility, and integrity services. Primoris Services Corporation was founded in 1960 and is headquartered in Dallas, Texas.
Contact Information
Market Cap
$9.82B
P/E (TTM)
35.6
43.2
Dividend Yield
0.2%
52W High
$181.39
52W Low
$62.18
52W Range
Rank33Top 25.7%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$1.86B+0.00%
4-Quarter Trend
EPS
$0.96+0.00%
4-Quarter Trend
FCF
$121.14M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Revenue Growth Strong 2025 Revenue reached $7.57B USD in 2025, marking a 19.0% increase over 2024 results, driven by both segments.
Operating Income Climbs Operating income climbed to $411.5M USD in 2025, showing strong 29.6% growth versus $317.4M in 2024.
Backlog Supports Future Total backlog stands at $11.95B USD at year-end 2025, supporting future revenue visibility across segments.
SG&A Leverage Improves SG&A expenses improved leverage, dropping to 5.3% of revenue in 2025 from 6.0% previously, showing cost control.
Risk Factors
Gross Margin Compression Noted 2025 gross profit margin fell to 10.7% from 11.0% due to lower margins in the Energy segment operations.
Project Cost Overrun Risk Actual costs may exceed estimates on fixed-price contracts, risking lower profit or losses on specific construction projects.
Customer Concentration Exposure Top ten customers accounted for 53.1% of 2025 revenue, posing concentration risk if major clients delay capital expenditures.
Weather Impacts Operations Quarterly results face significant variation due to weather impacts, especially rain, ice, and storms affecting infrastructure services.
Outlook
Energy Segment Growth Expected Anticipate continued strong demand for renewable energy facilities, chemical processing, and energy storage system construction.
Utilities Infrastructure Investment Utilities segment benefits from strong tailwinds in grid resiliency, power delivery modernization, and transmission upgrades.
Workforce Stability Focus Maintain stable, skilled workforce through talent acquisition and training programs to support productivity and profitability goals.
Capital Expenditure Guidance Expect capital expenditures for 2026 to total between $120.0M and $140.0M USD, mainly for construction equipment needs.
Peer Comparison
Revenue (TTM)
$15.50B
$12.66B
$10.08B
Gross Margin (Latest Quarter)
47.5%
45.2%
37.9%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| IESC | $12.84B | 37.6 | 40.9% | 7.9% |
| DY | $12.43B | 42.8 | 18.8% | 50.0% |
| VMI | $9.93B | 28.7 | 21.4% | 26.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.1%
Moderate Growth
4Q Net Income CAGR
5.4%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:May 4, 2026
EPS:$0.87
|Revenue:$1.73B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data