Primoris Operating Income from 2010 to 2024

PRIM Stock

USD 77.73 3.39 4.18%

Primoris Services Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to grow to about 265.7 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Primoris Services generates from its operations. View All Fundamentals

Operating Income

First Reported

2006-06-30

Previous Quarter

86.6 M

Current Value

99.5 M

Quarterly Volatility

23.6 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 82.1 M, Selling General Administrative of 355.6 M or Other Operating Expenses of 5.7 B, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0111 or PTB Ratio of 2.27. 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' Operating Income Growth Pattern

Below is the plot of the Operating Income of Primoris Services over the last few years. Operating Income is the amount of profit realized from Primoris Services operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Primoris Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Primoris Services' Operating Income 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.

Operating Income

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Operating Income

Timeline

Primoris Operating Income Regression Statistics

	Arithmetic Mean	131,698,243
	Coefficient Of Variation	53.73
	Mean Deviation	53,189,759
	Median	125,237,000
	Standard Deviation	70,761,098
	Sample Variance	5007.1T
	Range	266M
	R-Value	0.87
	Mean Square Error	1298T
	R-Squared	0.76
	Significance	0.000023
	Slope	13,787,363
	Total Sum of Squares	70099.9T

Primoris Operating Income History

	2024	265.7 M
	2023	253.1 M
	2022	195.3 M
	2021	170.2 M
	2020	163.9 M
	2019	140.9 M
	2018	130.5 M

Other Fundumenentals of Primoris Services

Non Operating Income Net Other

Primoris Services Operating Income component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Common Stock	Net Receivables	Good Will	Short Term Debt	Intangible Assets	Current Deferred Revenue	Accounts Payable	Short Term Investments	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Property Plant Equipment	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.96	0.98	1.0	0.99	0.62	0.93	0.97	0.62	0.97	0.94	0.96	0.43	-0.57	0.96	0.97	0.6	0.8	0.73	0.98	0.78	0.89	0.89	0.87
Total Stockholder Equity	0.99		0.93	0.99	0.98	0.99	0.66	0.9	0.95	0.62	0.94	0.94	0.91	0.5	-0.48	0.94	0.97	0.6	0.77	0.7	0.98	0.77	0.87	0.86	0.85
Net Debt	0.96	0.93		0.91	0.97	0.93	0.48	0.94	0.98	0.61	0.97	0.83	0.97	0.36	-0.73	0.97	0.95	0.66	0.89	0.75	0.92	0.83	0.92	0.89	0.91
Retained Earnings	0.98	0.99	0.91		0.97	0.98	0.62	0.9	0.93	0.6	0.92	0.95	0.91	0.53	-0.42	0.92	0.96	0.53	0.73	0.69	0.99	0.73	0.85	0.84	0.82
Total Liab	1.0	0.98	0.97	0.97		0.99	0.59	0.94	0.97	0.62	0.97	0.94	0.97	0.39	-0.61	0.97	0.96	0.59	0.82	0.74	0.97	0.77	0.9	0.89	0.87
Total Current Assets	0.99	0.99	0.93	0.98	0.99		0.65	0.94	0.95	0.62	0.94	0.96	0.94	0.45	-0.53	0.94	0.95	0.56	0.75	0.74	0.97	0.75	0.86	0.86	0.84
Common Stock	0.62	0.66	0.48	0.62	0.59	0.65		0.5	0.53	0.62	0.56	0.66	0.43	0.48	-0.11	0.52	0.56	0.47	0.31	0.39	0.54	0.46	0.52	0.5	0.5
Net Receivables	0.93	0.9	0.94	0.9	0.94	0.94	0.5		0.9	0.46	0.89	0.86	0.96	0.39	-0.62	0.91	0.88	0.52	0.72	0.8	0.89	0.78	0.8	0.78	0.81
Good Will	0.97	0.95	0.98	0.93	0.97	0.95	0.53	0.9		0.63	0.99	0.86	0.96	0.33	-0.72	0.99	0.97	0.72	0.89	0.71	0.94	0.85	0.94	0.93	0.93
Short Term Debt	0.62	0.62	0.61	0.6	0.62	0.62	0.62	0.46	0.63		0.62	0.5	0.54	0.48	-0.39	0.58	0.56	0.53	0.57	0.41	0.59	0.5	0.68	0.7	0.64
Intangible Assets	0.97	0.94	0.97	0.92	0.97	0.94	0.56	0.89	0.99	0.62		0.86	0.94	0.31	-0.71	0.99	0.97	0.72	0.88	0.67	0.93	0.86	0.95	0.93	0.91
Current Deferred Revenue	0.94	0.94	0.83	0.95	0.94	0.96	0.66	0.86	0.86	0.5	0.86		0.87	0.37	-0.41	0.85	0.9	0.45	0.67	0.73	0.94	0.6	0.76	0.77	0.77
Accounts Payable	0.96	0.91	0.97	0.91	0.97	0.94	0.43	0.96	0.96	0.54	0.94	0.87		0.29	-0.72	0.95	0.92	0.59	0.84	0.81	0.93	0.78	0.88	0.88	0.88
Short Term Investments	0.43	0.5	0.36	0.53	0.39	0.45	0.48	0.39	0.33	0.48	0.31	0.37	0.29		0.22	0.37	0.42	0.26	0.09	0.22	0.47	0.36	0.37	0.36	0.32
Net Tangible Assets	-0.57	-0.48	-0.73	-0.42	-0.61	-0.53	-0.11	-0.62	-0.72	-0.39	-0.71	-0.41	-0.72	0.22		-0.69	-0.57	-0.67	-0.82	-0.61	-0.48	-0.66	-0.7	-0.68	-0.74
Long Term Debt	0.96	0.94	0.97	0.92	0.97	0.94	0.52	0.91	0.99	0.58	0.99	0.85	0.95	0.37	-0.69		0.96	0.71	0.84	0.65	0.93	0.86	0.95	0.94	0.89
Long Term Debt Total	0.97	0.97	0.95	0.96	0.96	0.95	0.56	0.88	0.97	0.56	0.97	0.9	0.92	0.42	-0.57	0.96		0.68	0.84	0.71	0.96	0.8	0.9	0.88	0.9
Capital Surpluse	0.6	0.6	0.66	0.53	0.59	0.56	0.47	0.52	0.72	0.53	0.72	0.45	0.59	0.26	-0.67	0.71	0.68		0.72	0.53	0.55	0.81	0.82	0.8	0.85
Deferred Long Term Liab	0.8	0.77	0.89	0.73	0.82	0.75	0.31	0.72	0.89	0.57	0.88	0.67	0.84	0.09	-0.82	0.84	0.84	0.72		0.68	0.77	0.73	0.85	0.82	0.9
Long Term Investments	0.73	0.7	0.75	0.69	0.74	0.74	0.39	0.8	0.71	0.41	0.67	0.73	0.81	0.22	-0.61	0.65	0.71	0.53	0.68		0.71	0.53	0.63	0.63	0.82
Property Plant Equipment	0.98	0.98	0.92	0.99	0.97	0.97	0.54	0.89	0.94	0.59	0.93	0.94	0.93	0.47	-0.48	0.93	0.96	0.55	0.77	0.71		0.71	0.87	0.88	0.85
Short Long Term Debt	0.78	0.77	0.83	0.73	0.77	0.75	0.46	0.78	0.85	0.5	0.86	0.6	0.78	0.36	-0.66	0.86	0.8	0.81	0.73	0.53	0.71		0.85	0.82	0.81
Net Invested Capital	0.89	0.87	0.92	0.85	0.9	0.86	0.52	0.8	0.94	0.68	0.95	0.76	0.88	0.37	-0.7	0.95	0.9	0.82	0.85	0.63	0.87	0.85		0.98	0.93
Net Working Capital	0.89	0.86	0.89	0.84	0.89	0.86	0.5	0.78	0.93	0.7	0.93	0.77	0.88	0.36	-0.68	0.94	0.88	0.8	0.82	0.63	0.88	0.82	0.98		0.92
Capital Stock	0.87	0.85	0.91	0.82	0.87	0.84	0.5	0.81	0.93	0.64	0.91	0.77	0.88	0.32	-0.74	0.89	0.9	0.85	0.9	0.82	0.85	0.81	0.93	0.92

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About Primoris Services Financial Statements

Primoris Services investors utilize fundamental indicators, such as Operating Income, 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 Reported	Projected for Next Year
Operating Income	253.1 M	265.7 M
Non Operating Income Net Other	183.6 K	174.4 K

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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:

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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.

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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

0.202

Dividend Share

0.24

Earnings Share

3.03

Revenue Per Share

114.686

Quarterly Revenue Growth

0.078

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.

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Primoris Operating Income from 2010 to 2024

Latest Primoris Services' Operating Income Growth Pattern

Primoris Operating Income Regression Statistics

Primoris Operating Income History

Other Fundumenentals of Primoris Services

Primoris Services Operating Income component correlations

About Primoris Services Financial Statements

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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