Primoris Services Corporation

DB:1PM Stock Report

Market Cap: €4.0b

Primoris Services Past Earnings Performance

Past criteria checks 5/6

Primoris Services has been growing earnings at an average annual rate of 11.5%, while the Construction industry saw earnings growing at 16.8% annually. Revenues have been growing at an average rate of 15.4% per year. Primoris Services's return on equity is 12.1%, and it has net margins of 2.7%.

Key information

11.5%

Earnings growth rate

9.7%

EPS growth rate

Construction Industry Growth-12.0%
Revenue growth rate15.4%
Return on equity12.1%
Net Margin2.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Primoris Services makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:1PM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,1411653680
30 Jun 246,0211543540
31 Mar 245,8711443390
31 Dec 235,7151263290
30 Sep 235,5291303390
30 Jun 235,2841253300
31 Mar 234,8931363040
31 Dec 224,4211332820
30 Sep 223,9761212480
30 Jun 223,6051222340
31 Mar 223,4641082320
31 Dec 213,4981162300
30 Sep 213,5111182230
30 Jun 213,5401182180
31 Mar 213,5671152120
31 Dec 203,4911052030
30 Sep 203,3841002010
30 Jun 203,306921940
31 Mar 203,188771920
31 Dec 193,106821890
30 Sep 193,194881910
30 Jun 193,238851930
31 Mar 193,097791880
31 Dec 182,939771820
30 Sep 182,641681750
30 Jun 182,340561660
31 Mar 182,323651670
31 Dec 172,380721700
30 Sep 172,403641670
30 Jun 172,302481600
31 Mar 172,128321480
31 Dec 161,997271400
30 Sep 161,892251390
30 Jun 161,940391430
31 Mar 161,967381480
31 Dec 151,929371490
30 Sep 151,920331440
30 Jun 151,977421400
31 Mar 152,009541360
31 Dec 142,086631320
30 Sep 142,136771320
30 Jun 142,075711330
31 Mar 142,004711310

Quality Earnings: 1PM has high quality earnings.

Growing Profit Margin: 1PM's current net profit margins (2.7%) are higher than last year (2.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1PM's earnings have grown by 11.5% per year over the past 5 years.

Accelerating Growth: 1PM's earnings growth over the past year (26.6%) exceeds its 5-year average (11.5% per year).

Earnings vs Industry: 1PM earnings growth over the past year (26.6%) exceeded the Construction industry 6.7%.

Return on Equity

High ROE: 1PM's Return on Equity (12.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 04:03
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Primoris Services Corporation is covered by 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert BurlesonCanaccord Genuity
Lee JagodaCJS Securities, Inc.
Robert LabickCJS Securities, Inc.