Key Takeaways Growth in renewables, utilities, and data center services is strengthening revenue streams, margins, and long-term earnings stability. Strong operational execution and favorable legislative tailwinds are enhancing profitability, cash flow, and future project opportunities.Read more
Key Takeaways Shrinking demand for fossil fuel projects and a declining backlog point to increased revenue volatility as the company pivots toward renewables and faces uncertain new bookings. Labor shortages, regulatory hurdles, and reliance on large fixed-price contracts elevate project execution risks and threaten margins amid industry competition and shifting market dynamics.Read more
Key Takeaways Outperformance in growth and margins driven by strong Utilities segment, with early visibility into long-term projects supporting sustained earnings expansion. Operational agility and efficient capital deployment, alongside robust cash flows and buybacks, enhance shareholder value and mitigate sector volatility.Read more
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 industries, as well as state departments of transportation. The company also offers replacement and fabrication services. Primoris Services Corporation was founded in 1960 and is headquartered in Dallas, Texas.
