Primoris Services Corporation (PRIM)
| Market Cap | 9.16B |
| Revenue (ttm) | 7.57B |
| Net Income (ttm) | 274.90M |
| Shares Out | 54.23M |
| EPS (ttm) | 5.02 |
| PE Ratio | 33.65 |
| Forward PE | 28.52 |
| Dividend | $0.32 (0.19%) |
| Ex-Dividend Date | Mar 31, 2026 |
| Volume | 459,744 |
| Open | 169.43 |
| Previous Close | 173.00 |
| Day's Range | 163.89 - 170.21 |
| 52-Week Range | 58.13 - 176.68 |
| Beta | 1.39 |
| Analysts | Buy |
| Price Target | 155.20 (-8.13%) |
| Earnings Date | May 5, 2026 |
About PRIM
Primoris Services Corporation provides infrastructure services primarily in the United States and Canada. The company operates in two segments: Utilities and Energy. The Utilities segment offers installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment provides engineering, procurement, construction, and maintenance services for entities in the energy, renewable energy and energy storage, renewable fuels, and petroleum and petrochemical... [Read more]
Financial Performance
In 2025, Primoris Services's revenue was $7.57 billion, an increase of 18.97% compared to the previous year's $6.37 billion. Earnings were $274.90 million, an increase of 51.96%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for PRIM stock is "Buy." The 12-month stock price target is $155.2, which is a decrease of -8.13% from the latest price.
News
Primoris Services Corporation Schedules First Quarter 2026 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced it will report first quarter 2026 financial results on Tuesday, May 5, 2026, after mar...
Primoris Services Corporation to Acquire PayneCrest Electric, Inc., Expanding Electrical Capabilities
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) announced today that it has entered into a definitive purchase agreement to acquire PayneCrest Electri...
Primoris Services Transcript: The 38th Annual Roth Conference
2026 revenue is expected to be flat after a major 2025 pull-forward, but bookings remain strong and battery storage is growing rapidly. Manufacturing expansion and a focus on margin-accretive segments like natural gas and T&D support future growth. Safety, quality, and integrated services drive competitive advantage.
Primoris Services Corporation to Participate in Investor Conferences
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) announced today that the Company's management team will participate in two institutional investor conf...
Primoris Services Earnings Call Transcript: Q4 2025
Record 2025 revenue, earnings, and backlog were driven by strong performance in utilities, renewables, and natural gas generation, with robust cash flow and a net cash positive position. 2026 guidance anticipates continued growth, margin improvement, and disciplined capital allocation.
Primoris Services Corporation Reports Fourth Quarter and Full Year 2025 Results
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its fourth quarter and full year ended December 31, 2025, and pr...
Primoris Services Corporation Schedules Fourth Quarter and Full Year 2025 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) today announced it will report fourth quarter and full year 2025 financial results on Monday, February...
Primoris Services Transcript: CJS Securities 26th Annual "New Ideas for the New Year” Investor Conference
Strong growth is expected in natural gas generation and pipeline segments, with margin improvements driven by operational efficiencies and a strategic shift toward higher-value project work. Investments in AI and automation aim to enhance scalability, while disciplined capital allocation supports organic and potential M&A growth.
Primoris Services Transcript: Goldman Sachs Energy, CleanTech & Utilities Conference
Panelists highlighted robust growth in energy infrastructure, with solar and gas generation as key drivers and a record project backlog. Labor constraints and risk management shape execution, while capital allocation favors organic growth, selective M&A, and shareholder returns.
Primoris Services Earnings Call Transcript: Q3 2025
Record Q3 results with 32% revenue growth, strong cash flow, and raised 2025 guidance. Utilities and energy segments led performance, with robust backlog and improving pipeline opportunities. Renewables growth moderates in 2026, but industrial and pipeline segments expected to drive future gains.
Primoris Services Corporation Reports Third Quarter 2025 Results
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its third quarter ended September 30, 2025 and provided comments...
Primoris Services Corporation Schedules Third Quarter 2025 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) today announced it will report third quarter 2025 financial results on Monday, November 3, 2025, after...
Primoris Services Corporation Announces Appointment of Koti Vadlamudi as President and Chief Executive Officer
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”), a premier specialty contractor of critical infrastructure services, today announced its Board of Dire...
Primoris Services Earnings Call Transcript: Q2 2025
Record Q2 results with revenue up 20.9% and net income up 70% year-over-year, driven by strong growth in energy and utility segments. Raised 2025 guidance for EPS, adjusted EPS, and EBITDA, with robust backlog and significant opportunities in renewables and data centers.
Primoris Services Corporation Reports Second Quarter 2025 Results
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its second quarter ended June 30, 2025 and provided comments on ...
Primoris Services Corporation Schedules Second Quarter 2025 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) today announced it will report second quarter 2025 financial results on Monday, August 4, 2025, after ...
Primoris Services Transcript: J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference
Regulatory changes have had minimal impact on project backlog, with strong demand and client relationships supporting $20–$30 billion in tracked projects through 2028. Power delivery and gas generation are key growth areas, with disciplined expansion and a focus on higher-margin project work. CEO search and M&A efforts are progressing, targeting power delivery and communications.
Primoris Services Earnings Call Transcript: Q1 2025
Revenue and margins rose sharply year-over-year, led by strong utility and renewables performance. Guidance for 2025 is maintained with confidence in reaching the higher end of targets, supported by robust backlog and healthy end-market demand.
CORRECTING and REPLACING Primoris Services Corporation Reports First Quarter 2025 Results
DALLAS--(BUSINESS WIRE)--In the CONDENSED CONSOLIDATED STATEMENTS OF INCOME, Revenue for the Three Months Ended March 31, 2025, should be $1,648,112 (instead of $81,648,112). The updated release reads...
Primoris Services Corporation Reports First Quarter 2025 Results
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its first quarter ended March 31, 2025 and provided comments on ...
Primoris Services Corporation Announces Results of Annual Stockholders Meeting
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced the results of the Company's Annual Meeting of Stockholders held virtually via webcast...
Primoris Services Corporation Schedules First Quarter 2025 Earnings Conference Call and Webcast
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) today announced it will report first quarter 2025 financial results on Monday, May 5, 2025, after mark...
Primoris Services Transcript: 37th Annual ROTH Conference
Leadership transition will not alter strategic direction or 2025 guidance. Renewables growth exceeded targets, with continued expansion expected after a temporary slowdown in 2025. Supply chain challenges persist but are stabilizing, and capital allocation remains focused on organic growth and disciplined M&A.
Primoris Services Corporation Announces Leadership Changes
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced that David King, Chairman and our prior Chief Executive Officer, has been named Interi...
Primoris Services Earnings Call Transcript: Q4 2024
Record 2024 results included all-time highs in revenue, earnings, backlog, and cash flow, driven by strong performance in renewables, utilities, and industrial segments. 2025 guidance calls for double-digit EPS growth, margin improvement, and continued strategic focus on high-growth markets.