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Primoris Services (PRIM) Gross Margin

Annual Gross Margin

10.28%
-0.06%-0.58%

December 31, 2023

Summary

Performance

1-Year Change

-0.58%

3-Year Change

-3.02%

5-Year Change

-7.22%

15-Year Change

-12.14%

PRIM Gross Margin Chart

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Highlights

Sector Rank

12.97%
PRIM annual gross profit margin is higher than 12.97% of companies in Industrials sector

High & Low

All-time High

16.18%
PRIM annual gross profit margin is currently -36.46% below its historical high of 16.18%

3-Year Low

10.28%
PRIM annual gross profit margin is currently at its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
PRIM previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

Feb 27, 2025
PRIM next annual earnings announcement is scheduled for Feb 27, 2025

OtherPRIMprofitabilitymetrics:

Annual Revenue

$5.72 B
PRIM annual revenue is $5.72 billion

Annual Gross Profit

$587.49 M
PRIM annual gross profit is $587.49 million

Annual Operating Margin

4.53%
PRIM annual operating profit margin is 4.53%

Annual Net Margin

2.21%
PRIM annual net profit margin is 2.21%

Quarterly Gross Margin

12.04%
+0.10%+0.84%

September 30, 2024

Summary

Performance

3-Month Change

+0.84%

1-Year Change

+16.55%

3-Year Change

+67.22%

5-Year Change

+8.27%

PRIM Quarterly Gross Margin Chart

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Highlights

Sector Rank

14.48%
PRIM quarterly gross profit margin is higher than 14.48% of companies in Industrials sector

High & Low

All-time High

18.90%
PRIM quarterly gross profit margin is currently -36.30% below its historical high of 18.90%

3-Year Low

7.20%
PRIM quarterly gross profit margin is currently +67.22% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 30, 2024
PRIM previous earnings announcement was published on Sep 30, 2024

Next Quarterly Earnings Report Date

Feb 27, 2025
PRIM next earnings announcement is scheduled for Feb 27, 2025

OtherPRIMprofitabilitymetrics:

Quarterly Revenue

$1.65 B
PRIM quarterly revenue is $1.65 billion

Quarterly Gross Profit

$198.56 M
PRIM quarterly gross profit is $198.56 million

Quarterly Operating Margin

6.09%
PRIM quarterly operating profit margin is 6.09%

Quarterly Net Margin

3.54%
PRIM quarterly net profit margin is 3.54%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

10.28%
PRIM annual gross profit margin is 10.28%

Annual Gross Profit

$587.49 M
PRIM annual gross profit is $587.49 million

Annual Revenue

$5.72 B
PRIM annual revenue is $5.72 billion

PRIM Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year-0.6%+16.6%
3 y3 years-3.0%+67.2%
5 y5 years-7.2%+8.3%

PRIM Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-13.7%at low-0.2%+67.2%
5 y5-year-13.7%at low-13.7%+87.3%
alltimeall time-36.5%+2.0%-36.3%+87.3%

Primoris Services Gross Margin History

DateAnnualQuarterly
Sep 2024
-
12.04%(+0.8%)
Jun 2024
-
11.94%(+26.5%)
Mar 2024
-
9.44%(-8.6%)
Dec 2023
10.28%(-0.6%)
10.33%(-9.1%)
Sep 2023
-
11.37%(+2.2%)
Jun 2023
-
11.13%(+40.4%)
Mar 2023
-
7.93%(-31.3%)
Dec 2022
10.34%(-13.2%)
11.54%(-4.3%)
Sep 2022
-
12.06%(+34.0%)
Jun 2022
-
9.00%(+25.0%)
Mar 2022
-
7.20%(-33.7%)
Dec 2021
11.91%(+12.4%)
10.86%(-22.2%)
Sep 2021
-
13.95%(+8.8%)
Jun 2021
-
12.82%(+30.8%)
Mar 2021
-
9.80%(-10.0%)
Dec 2020
10.60%(-0.5%)
10.89%(-17.0%)
Sep 2020
-
13.12%(+18.0%)
Jun 2020
-
11.12%(+72.9%)
Mar 2020
-
6.43%(-43.2%)
Dec 2019
10.65%(-3.9%)
11.33%(-9.6%)
Sep 2019
-
12.53%(+23.0%)
Jun 2019
-
10.19%(+28.5%)
Mar 2019
-
7.93%(-32.6%)
Dec 2018
11.08%(-5.3%)
11.76%(+0.3%)
Sep 2018
-
11.72%(+6.4%)
Jun 2018
-
11.01%(+24.5%)
Mar 2018
-
8.84%(-25.3%)
Dec 2017
11.70%(+16.1%)
11.83%(+2.2%)
Sep 2017
-
11.58%(-13.5%)
Jun 2017
-
13.39%(+36.6%)
Mar 2017
-
9.80%(-14.0%)
Dec 2016
10.08%
11.40%(+15.5%)
Sep 2016
-
9.87%(+4.1%)
DateAnnualQuarterly
Jun 2016
-
9.48%(+3.9%)
Mar 2016
-
9.12%(-28.9%)
Dec 2015
11.40%(+0.8%)
12.82%(-0.5%)
Sep 2015
-
12.89%(+34.0%)
Jun 2015
-
9.62%(-0.6%)
Mar 2015
-
9.68%(-4.9%)
Dec 2014
11.31%(-14.1%)
10.18%(-17.3%)
Sep 2014
-
12.31%(+3.6%)
Jun 2014
-
11.88%(+12.3%)
Mar 2014
-
10.58%(-24.0%)
Dec 2013
13.17%(+5.4%)
13.93%(+1.8%)
Sep 2013
-
13.69%(+2.3%)
Jun 2013
-
13.38%(+19.0%)
Mar 2013
-
11.24%(-1.4%)
Dec 2012
12.50%(-1.4%)
11.40%(-12.6%)
Sep 2012
-
13.04%(0.0%)
Jun 2012
-
13.04%(+1.2%)
Mar 2012
-
12.89%(-5.8%)
Dec 2011
12.68%(-2.8%)
13.68%(-1.4%)
Sep 2011
-
13.88%(+18.0%)
Jun 2011
-
11.76%(+4.1%)
Mar 2011
-
11.30%(-14.0%)
Dec 2010
13.04%(-19.4%)
13.14%(+8.6%)
Sep 2010
-
12.10%(-7.7%)
Jun 2010
-
13.11%(-6.3%)
Mar 2010
-
13.99%(-18.7%)
Dec 2009
16.18%(+37.4%)
17.21%(-8.9%)
Sep 2009
-
18.90%(+9.0%)
Jun 2009
-
17.34%(+47.7%)
Mar 2009
-
11.74%(-11.6%)
Dec 2008
11.78%
13.28%(-7.6%)
Sep 2008
-
14.38%(+10.5%)
Dec 2007
-
13.01%

FAQ

  • What is Primoris Services annual gross profit margin?
  • What is the all time high annual gross margin for Primoris Services?
  • What is Primoris Services annual gross margin year-on-year change?
  • What is Primoris Services quarterly gross profit margin?
  • What is the all time high quarterly gross margin for Primoris Services?
  • What is Primoris Services quarterly gross margin year-on-year change?

What is Primoris Services annual gross profit margin?

The current annual gross margin of PRIM is 10.28%

What is the all time high annual gross margin for Primoris Services?

Primoris Services all-time high annual gross profit margin is 16.18%

What is Primoris Services annual gross margin year-on-year change?

Over the past year, PRIM annual gross profit margin has changed by -0.06% (-0.58%)

What is Primoris Services quarterly gross profit margin?

The current quarterly gross margin of PRIM is 12.04%

What is the all time high quarterly gross margin for Primoris Services?

Primoris Services all-time high quarterly gross profit margin is 18.90%

What is Primoris Services quarterly gross margin year-on-year change?

Over the past year, PRIM quarterly gross profit margin has changed by +1.71% (+16.55%)