Primoris Income Before Tax from 2010 to 2025

PRIM Stock  USD 64.89  0.74  1.13%   
Primoris Services Income Before Tax yearly trend continues to be very stable with very little volatility. Income Before Tax is likely to grow to about 267.7 M this year. During the period from 2010 to 2025, Primoris Services Income Before Tax quarterly data regression pattern had sample variance of 4714.1 T and median of  117,909,000. View All Fundamentals
 
Income Before Tax  
First Reported
2006-06-30
Previous Quarter
82.3 M
Current Value
76.2 M
Quarterly Volatility
21.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Primoris Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primoris Services' main balance sheet or income statement drivers, such as Interest Expense of 68.6 M, Selling General Administrative of 402.5 M or Other Operating Expenses of 6.4 B, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.003 or PTB Ratio of 2.31. Primoris financial statements analysis is a perfect complement when working with Primoris Services Valuation or Volatility modules.
  
Check out the analysis of Primoris Services Correlation against competitors.
To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.

Latest Primoris Services' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Primoris Services over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Primoris Services income statement and is an important metric when analyzing Primoris Services profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Primoris Services' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primoris Services' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Primoris Income Before Tax Regression Statistics

Arithmetic Mean125,919,619
Geometric Mean85,590,783
Coefficient Of Variation54.53
Mean Deviation50,189,142
Median117,909,000
Standard Deviation68,659,535
Sample Variance4714.1T
Range267.2M
R-Value0.85
Mean Square Error1390.6T
R-Squared0.72
Significance0.000029
Slope12,276,737
Total Sum of Squares70712T

Primoris Income Before Tax History

2025267.7 M
2024254.9 M
2023177.7 M
2022159.3 M
2021151.9 M
2020145.6 M
2019117.9 M

About Primoris Services Financial Statements

Primoris Services investors utilize fundamental indicators, such as Income Before Tax, to predict how Primoris Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax254.9 M267.7 M

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When determining whether Primoris Services is a strong investment it is important to analyze Primoris Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Primoris Services' future performance. For an informed investment choice regarding Primoris Stock, refer to the following important reports:
Check out the analysis of Primoris Services Correlation against competitors.
To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primoris Services. If investors know Primoris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primoris Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.4
Dividend Share
0.26
Earnings Share
3.31
Revenue Per Share
118.705
Quarterly Revenue Growth
0.149
The market value of Primoris Services is measured differently than its book value, which is the value of Primoris that is recorded on the company's balance sheet. Investors also form their own opinion of Primoris Services' value that differs from its market value or its book value, called intrinsic value, which is Primoris Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primoris Services' market value can be influenced by many factors that don't directly affect Primoris Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primoris Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primoris Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primoris Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.