PRIM
Income statement / Annual
Last year (2024), Primoris Services Corporation's total revenue was $6.37 B,
an increase of 11.40% from the previous year.
In 2024, Primoris Services Corporation's net income was $180.89 M.
See Primoris Services Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$6.37 B |
$5.72 B |
$4.42 B |
$3.50 B |
$3.49 B |
$3.11 B |
$2.94 B |
$2.38 B |
$2.00 B |
$1.93 B |
| Cost of Revenue |
$5.66 B
|
$5.13 B
|
$3.96 B
|
$3.08 B
|
$3.12 B
|
$2.78 B
|
$2.61 B
|
$2.10 B
|
$1.80 B
|
$1.71 B
|
| Gross Profit |
$703.25 M
|
$587.49 M
|
$456.89 M
|
$416.66 M
|
$370.21 M
|
$330.93 M
|
$325.74 M
|
$278.43 M
|
$201.31 M
|
$219.87 M
|
| Gross Profit Ratio |
0.11
|
0.1
|
0.1
|
0.12
|
0.11
|
0.11
|
0.11
|
0.12
|
0.1
|
0.11
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$182.01 M
|
$172.15 M
|
$140.84 M
|
$152.10 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$383.35 M
|
$328.73 M
|
$281.58 M
|
$230.11 M
|
$202.84 M
|
$190.05 M
|
$182.01 M
|
$172.15 M
|
$140.84 M
|
$152.10 M
|
| Other Expenses |
$2.44 M
|
$5.69 M
|
$2.07 M
|
$299,000.00
|
$1.23 M
|
-$3.13 M
|
-$808,000.00
|
$484,000.00
|
-$315,000.00
|
$1.72 M
|
| Operating Expenses |
$385.79 M
|
$334.42 M
|
$281.58 M
|
$230.11 M
|
$202.84 M
|
$190.05 M
|
$182.01 M
|
$172.15 M
|
$140.84 M
|
$152.10 M
|
| Cost And Expenses |
$6.05 B
|
$5.46 B
|
$4.25 B
|
$3.31 B
|
$3.32 B
|
$2.97 B
|
$2.80 B
|
$2.27 B
|
$1.94 B
|
$1.86 B
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$376,000.00
|
$955,000.00
|
$1.75 M
|
$587,000.00
|
$149,000.00
|
$56,000.00
|
| Interest Expense |
$65.32 M
|
$78.17 M
|
$39.21 M
|
$18.50 M
|
$20.30 M
|
$20.10 M
|
$18.75 M
|
$8.15 M
|
$8.91 M
|
$7.69 M
|
| Depreciation & Amortization |
$0.00
|
$107.04 M
|
$99.16 M
|
$105.56 M
|
$82.50 M
|
$85.40 M
|
$79.25 M
|
$66.30 M
|
$68.03 M
|
$65.20 M
|
| EBITDA |
$317.45 M |
$362.88 M |
$301.73 M |
$276.75 M |
$242.23 M |
$218.81 M |
$208.22 M |
$179.73 M |
$125.82 M |
$133.99 M |
| EBITDA Ratio |
0.05
|
0.06
|
0.06
|
0.08
|
0.07
|
0.07
|
0.08
|
0.07
|
0.06
|
0.07
|
| Operating Income Ratio |
0.05
|
0.04
|
0.04
|
0.05
|
0.05
|
0.05
|
0.04
|
0.04
|
0.03
|
0.04
|
| Total Other Income/Expenses Net |
-$62.54 M
|
-$75.40 M
|
-$36.05 M
|
-$18.29 M
|
-$18.31 M
|
-$22.97 M
|
-$17.11 M
|
-$1.01 M
|
-$8.88 M
|
-$6.67 M
|
| Income Before Tax |
$254.92 M
|
$177.67 M
|
$159.29 M
|
$151.86 M
|
$145.64 M
|
$117.91 M
|
$113.36 M
|
$105.28 M
|
$48.87 M
|
$61.10 M
|
| Income Before Tax Ratio |
0.04
|
0.03
|
0.04
|
0.04
|
0.04
|
0.04
|
0.04
|
0.04
|
0.02
|
0.03
|
| Income Tax Expense |
$74.03 M
|
$51.52 M
|
$26.27 M
|
$36.12 M
|
$40.66 M
|
$33.81 M
|
$25.77 M
|
$28.43 M
|
$21.15 M
|
$23.95 M
|
| Net Income |
$180.89 M
|
$126.15 M
|
$133.02 M
|
$115.74 M
|
$104.98 M
|
$82.33 M
|
$77.46 M
|
$72.35 M
|
$26.72 M
|
$36.87 M
|
| Net Income Ratio |
0.03
|
0.02
|
0.03
|
0.03
|
0.03
|
0.03
|
0.03
|
0.03
|
0.01
|
0.02
|
| EPS |
3.37 |
2.37 |
2.5 |
2.19 |
2.17 |
1.62 |
1.51 |
1.41 |
0.52 |
0.71 |
| EPS Diluted |
3.31 |
2.33 |
2.47 |
2.17 |
2.16 |
1.61 |
1.5 |
1.4 |
0.51 |
0.71 |
| Weighted Average Shares Out |
$53.64 M
|
$53.30 M
|
$53.20 M
|
$52.67 M
|
$48.30 M
|
$50.78 M
|
$51.35 M
|
$51.48 M
|
$51.76 M
|
$51.65 M
|
| Weighted Average Shares Out Diluted |
$54.58 M
|
$54.22 M
|
$53.76 M
|
$53.16 M
|
$48.63 M
|
$51.08 M
|
$51.67 M
|
$51.74 M
|
$51.99 M
|
$51.80 M
|
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