(PRIM) Primoris - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US74164F1030

Stock: Transmission, Distribution, Pipeline, Refinery, Infrastructure

Total Rating 70
Risk 86
Buy Signal 1.61

EPS (Earnings per Share)

EPS (Earnings per Share) of PRIM over the last years for every Quarter: "2020-12": 0.66, "2021-03": 0.12, "2021-06": 0.67, "2021-09": 0.81, "2021-12": 0.54, "2022-03": -0.03, "2022-06": 0.19, "2022-09": 0.8, "2022-12": 0.77, "2023-03": 0.02, "2023-06": 0.72, "2023-09": 0.89, "2023-12": 0.69, "2024-03": 0.35, "2024-06": 1.04, "2024-09": 1.07, "2024-12": 1.13, "2025-03": 0.8087, "2025-06": 1.68, "2025-09": 1.88,

Revenue

Revenue of PRIM over the last years for every Quarter: 2020-12: 897.338, 2021-03: 818.329, 2021-06: 881.61, 2021-09: 913.245, 2021-12: 884.448, 2022-03: 784.384, 2022-06: 1022.948, 2022-09: 1284.128, 2022-12: 1329.138, 2023-03: 1256.896, 2023-06: 1413.377, 2023-09: 1529.486, 2023-12: 1515.549, 2024-03: 1412.707, 2024-06: 1563.715, 2024-09: 1649.086, 2024-12: 1741.33, 2025-03: 1648.112, 2025-06: 1890.745, 2025-09: 2178.422,

Dividends

Dividend Yield 0.36%
Yield on Cost 5y 1.02%
Yield CAGR 5y 7.46%
Payout Consistency 97.7%
Payout Ratio 7.3%
Risk 5d forecast
Volatility 43.8%
Relative Tail Risk -7.45%
Reward TTM
Sharpe Ratio 1.62
Alpha 92.09
Character TTM
Beta 1.272
Beta Downside 1.270
Drawdowns 3y
Max DD 40.77%
CAGR/Max DD 2.15

Description: PRIM Primoris January 08, 2026

Primoris Services Corp. (NYSE: PRIM) delivers large-scale infrastructure services across the United States and Canada, split between a Utilities segment-installing and maintaining natural-gas, electric distribution, transmission, and communications networks-and an Energy segment that handles EPC and maintenance contracts for power generation, renewable-energy, storage, petrochemical, and state transportation projects, plus metal-fabrication services. The firm, founded in 1960 and headquartered in Dallas, Texas, is classified under the Construction & Engineering sub-industry.

Key operating metrics (FY 2024) show a 7 % YoY revenue increase to $2.1 bn, driven largely by a 12 % rise in the Energy segment backlog, which now sits at $1.4 bn-a leading indicator of future cash flow. Capital-intensive infrastructure spending in the U.S. is expected to grow ~3 % annually through 2027, bolstered by the Inflation Reduction Act’s clean-energy incentives, which should sustain demand for Primoris’s renewable-energy and storage projects. However, the company’s profitability remains sensitive to labor-cost inflation and prevailing interest rates, which affect the financing of large EPC contracts.

For a deeper dive into how Primoris’s exposure to federal infrastructure funding and renewable-energy pipelines could shape its valuation, you may find ValueRay’s analytical tools worth exploring.

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income: 277.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.11 > 0.02 and ΔFCF/TA 3.52 > 1.0
NWC/Revenue: 5.70% < 20% (prev 9.94%; Δ -4.24% < -1%)
CFO/TA 0.13 > 3% & CFO 625.8m > Net Income 277.1m
Net Debt (524.5m) to EBITDA (513.2m): 1.02 < 3
Current Ratio: 1.20 > 1.5 & < 3
Outstanding Shares: last quarter (54.8m) vs 12m ago 0.23% < -2%
Gross Margin: 11.03% > 18% (prev 0.11%; Δ 1092 % > 0.5%)
Asset Turnover: 167.8% > 50% (prev 144.8%; Δ 22.97% > 0%)
Interest Coverage Ratio: 12.21 > 6 (EBITDA TTM 513.2m / Interest Expense TTM 34.6m)

Altman Z'' 2.64

A: 0.09 (Total Current Assets 2.57b - Total Current Liabilities 2.14b) / Total Assets 4.65b
B: 0.29 (Retained Earnings 1.34b / Total Assets 4.65b)
C: 0.10 (EBIT TTM 422.9m / Avg Total Assets 4.45b)
D: 0.44 (Book Value of Equity 1.34b / Total Liabilities 3.02b)
Altman-Z'' Score: 2.64 = A

Beneish M -3.08

DSRI: 0.92 (Receivables 1.95b/1.75b, Revenue 7.46b/6.14b)
GMI: 1.00 (GM 11.03% / 11.00%)
AQI: 0.90 (AQ_t 0.23 / AQ_t-1 0.26)
SGI: 1.21 (Revenue 7.46b / 6.14b)
TATA: -0.07 (NI 277.1m - CFO 625.8m) / TA 4.65b)
Beneish M-Score: -3.08 (Cap -4..+1) = AA

What is the price of PRIM shares?

As of February 08, 2026, the stock is trading at USD 160.54 with a total of 968,638 shares traded.
Over the past week, the price has changed by +8.29%, over one month by +24.52%, over three months by +26.91% and over the past year by +102.39%.

Is PRIM a buy, sell or hold?

Primoris has received a consensus analysts rating of 4.55. Therefore, it is recommended to buy PRIM.
  • StrongBuy: 7
  • Buy: 3
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the PRIM price?

Issuer Target Up/Down from current
Wallstreet Target Price 152.9 -4.8%
Analysts Target Price 152.9 -4.8%
ValueRay Target Price 264.8 64.9%

PRIM Fundamental Data Overview February 07, 2026

P/E Trailing = 29.301
P/E Forward = 24.57
P/S = 1.0719
P/B = 4.8233
Revenue TTM = 7.46b USD
EBIT TTM = 422.9m USD
EBITDA TTM = 513.2m USD
Long Term Debt = 422.2m USD (from longTermDebt, last quarter)
Short Term Debt = 210.4m USD (from shortTermDebt, last quarter)
Debt = 961.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 524.5m USD (from netDebt column, last quarter)
Enterprise Value = 8.52b USD (8.00b + Debt 961.8m - CCE 437.3m)
Interest Coverage Ratio = 12.21 (Ebit TTM 422.9m / Interest Expense TTM 34.6m)
EV/FCF = 17.41x (Enterprise Value 8.52b / FCF TTM 489.4m)
FCF Yield = 5.74% (FCF TTM 489.4m / Enterprise Value 8.52b)
FCF Margin = 6.56% (FCF TTM 489.4m / Revenue TTM 7.46b)
Net Margin = 3.72% (Net Income TTM 277.1m / Revenue TTM 7.46b)
Gross Margin = 11.03% ((Revenue TTM 7.46b - Cost of Revenue TTM 6.64b) / Revenue TTM)
Gross Margin QoQ = 10.82% (prev 12.26%)
Tobins Q-Ratio = 1.83 (Enterprise Value 8.52b / Total Assets 4.65b)
Interest Expense / Debt = 0.72% (Interest Expense 6.96m / Debt 961.8m)
Taxrate = 27.81% (36.4m / 131.1m)
NOPAT = 305.3m (EBIT 422.9m * (1 - 27.81%))
Current Ratio = 1.20 (Total Current Assets 2.57b / Total Current Liabilities 2.14b)
Debt / Equity = 0.59 (Debt 961.8m / totalStockholderEquity, last quarter 1.63b)
Debt / EBITDA = 1.02 (Net Debt 524.5m / EBITDA 513.2m)
Debt / FCF = 1.07 (Net Debt 524.5m / FCF TTM 489.4m)
Total Stockholder Equity = 1.50b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.23% (Net Income 277.1m / Total Assets 4.65b)
RoE = 18.42% (Net Income TTM 277.1m / Total Stockholder Equity 1.50b)
RoCE = 21.95% (EBIT 422.9m / Capital Employed (Equity 1.50b + L.T.Debt 422.2m))
RoIC = 14.45% (NOPAT 305.3m / Invested Capital 2.11b)
WACC = 9.52% (E(8.00b)/V(8.96b) * Re(10.60%) + D(961.8m)/V(8.96b) * Rd(0.72%) * (1-Tc(0.28)))
Discount Rate = 10.60% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.38%
[DCF Debug] Terminal Value 76.49% ; FCFF base≈412.4m ; Y1≈508.7m ; Y5≈866.4m
Fair Price DCF = 197.2 (EV 11.18b - Net Debt 524.5m = Equity 10.65b / Shares 54.0m; r=9.52% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 75.50 | EPS CAGR: 39.47% | SUE: 2.76 | # QB: 4
Revenue Correlation: 92.24 | Revenue CAGR: 27.17% | SUE: 4.0 | # QB: 5
EPS next Quarter (2026-03-31): EPS=0.94 | Chg30d=-0.005 | Revisions Net=-1 | Analysts=8
EPS next Year (2026-12-31): EPS=5.84 | Chg30d=-0.026 | Revisions Net=-2 | Growth EPS=+6.0% | Growth Revenue=+7.0%

Additional Sources for PRIM Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle