Primoris Services financials
$74.28+4.44%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.57B | $6.37B | $5.72B | $4.42B | $3.50B | $3.49B | $3.11B | $2.94B | $2.38B | $2.00B |
| Gross profit | $813.1M | $703.2M | $587.5M | $456.9M | $416.7M | $370.2M | $330.9M | $325.7M | $278.4M | $201.3M |
| Gross margin | 10.7% | 11.0% | 10.3% | 10.3% | 11.9% | 10.6% | 10.7% | 11.1% | 11.7% | 10.1% |
| Operating income | $411.5M | $317.4M | $253.1M | $175.3M | $186.6M | $167.4M | $141.8M | $143.7M | $108.1M | $58.6M |
| Net income | $274.9M | $180.9M | $126.1M | $133.0M | $115.7M | $105.0M | $82.3M | $77.5M | $72.4M | $26.7M |
| Net margin | 3.6% | 2.8% | 2.2% | 3.0% | 3.3% | 3.0% | 2.7% | 2.6% | 3.0% | 1.3% |
| Diluted EPS | $5.02 | $3.31 | $2.33 | $2.47 | $2.17 | $2.16 | $1.61 | $1.50 | $1.40 | $0.51 |
| EBITDA | $505.8M | $415.4M | $365.8M | $274.5M | $292.1M | $249.9M | $227.2M | $223.0M | $174.4M | $129.3M |
| Operating cash flow | $473.9M | $508.3M | $198.5M | $83.3M | $79.7M | $313.0M | $118.9M | $126.8M | $188.9M | $62.6M |
| Free cash flow | $344.0M | $381.8M | $95.5M | -$11.3M | -$54.1M | $248.6M | $24.5M | $16.6M | $109.2M | $4.5M |
| Diluted shares | 54.8M | 54.6M | 54.2M | 53.8M | 53.2M | 48.6M | 51.1M | 51.7M | 51.7M | 52.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $535.5M | $455.8M | $217.8M | $248.7M | $200.5M | $326.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $469.9M | $734.8M | $958.3M | $1.14B | $661.5M | $316.6M |
| Total assets | $4.41B | $4.20B | $3.83B | $3.54B | $2.54B | $1.97B |
| Total liabilities | $2.73B | $2.79B | $2.59B | $2.44B | $1.55B | $1.25B |
| Shareholders' equity | $1.68B | $1.41B | $1.24B | $1.11B | $990.1M | $714.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology