PRIM Primoris Services Corp

Price (delayed)

$111.93

Market cap

$6.05B

P/E Ratio

25.04

Dividend/share

$0.3

EPS

$4.47

Enterprise value

$6.59B

Founded in 1960, Primoris is one of the leading providers of specialty contracting services operating throughout the United States and Canada. Primoris provides a wide range of specialty construction services, ...

Highlights
The net income has soared by 56% YoY and by 17% from the previous quarter
The EPS has soared by 55% YoY and by 17% from the previous quarter
The company's quick ratio rose by 13% QoQ but it fell by 5% YoY
The stock's price to earnings (P/E) is 90% more than its 5-year quarterly average of 13.2 and 35% more than its last 4 quarters average of 18.5

Key stats

What are the main financial stats of PRIM
Market
Shares outstanding
54.01M
Market cap
$6.05B
Enterprise value
$6.59B
Valuations
Price to earnings (P/E)
25.04
Price to book (P/B)
3.94
Price to sales (P/S)
0.87
EV/EBIT
17.11
EV/EBITDA
13.9
EV/Sales
0.95
Earnings
Revenue
$6.93B
Gross profit
$785.55M
Operating income
$384.15M
Net income
$240.96M
EBIT
$385.06M
EBITDA
$474.2M
Free cash flow
$539.7M
Per share
EPS
$4.47
EPS diluted
$4.4
Free cash flow per share
$9.99
Book value per share
$28.42
Revenue per share
$128.31
TBVPS
$64.45
Balance sheet
Total assets
$4.54B
Total liabilities
$3B
Debt
$933.89M
Equity
$1.53B
Working capital
$439.27M
Liquidity
Debt to equity
0.61
Current ratio
1.22
Quick ratio
0.7
Net debt/EBITDA
1.15
Margins
EBITDA margin
6.8%
Gross margin
11.3%
Net margin
3.5%
Operating margin
5.5%
Efficiency
Return on assets
5.6%
Return on equity
16.8%
Return on invested capital
18.2%
Return on capital employed
15.3%
Return on sales
5.6%
Dividend
Dividend yield
0.27%
DPS
$0.3
Payout ratio
6.7%

PRIM stock price

How has the Primoris Services stock price performed over time
Intraday
0.73%
1 week
0.67%
1 month
30.05%
1 year
106.93%
YTD
46.51%
QTD
43.61%

Financial performance

How have Primoris Services's revenue and profit performed over time
Revenue
$6.93B
Gross profit
$785.55M
Operating income
$384.15M
Net income
$240.96M
Gross margin
11.3%
Net margin
3.5%
The net income has soared by 56% YoY and by 17% from the previous quarter
PRIM's net margin is up by 35% YoY and by 13% QoQ
PRIM's operating income is up by 31% year-on-year and by 12% since the previous quarter
Primoris Services's gross profit has increased by 21% YoY and by 6% from the previous quarter

Price vs fundamentals

How does PRIM's price correlate with its fundamentals

Growth

What is Primoris Services's growth rate over time

Valuation

What is Primoris Services stock price valuation
P/E
25.04
P/B
3.94
P/S
0.87
EV/EBIT
17.11
EV/EBITDA
13.9
EV/Sales
0.95
The stock's price to earnings (P/E) is 90% more than its 5-year quarterly average of 13.2 and 35% more than its last 4 quarters average of 18.5
The EPS has soared by 55% YoY and by 17% from the previous quarter
PRIM's P/B is 146% above its 5-year quarterly average of 1.6 and 58% above its last 4 quarters average of 2.5
The company's equity rose by 18% YoY and by 6% QoQ
The P/S is 118% more than the 5-year quarterly average of 0.4 and 45% more than the last 4 quarters average of 0.6
The revenue has increased by 15% year-on-year and by 5% since the previous quarter

Efficiency

How efficient is Primoris Services business performance
The return on invested capital has surged by 54% year-on-year and by 18% since the previous quarter
Primoris Services's ROA has increased by 44% YoY and by 14% from the previous quarter
PRIM's return on equity is up by 35% year-on-year and by 12% since the previous quarter
The ROS has grown by 14% YoY and by 8% from the previous quarter

Dividends

What is PRIM's dividend history
DPS
$0.3
Dividend yield
0.27%
Payout ratio
6.7%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Primoris Services financials performed over time
The total assets is 51% more than the total liabilities
Primoris Services's current ratio has decreased by 13% YoY
The company's quick ratio rose by 13% QoQ but it fell by 5% YoY
PRIM's debt is 39% lower than its equity
PRIM's debt to equity is down by 36% year-on-year and by 4.7% since the previous quarter
PRIM's debt is down by 25% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.