Earnings Summary

Primoris Services Corp’s revenue jumped 14.02% since last year same period to $1515.55Mn in the Q4 2023. On a quarterly growth basis, Primoris Services Corp has generated -0.91% fall in its revenue since last 3-months.

Primoris Services Corp’s net profit fell -9.26% since last year same period to $37.66Mn in the Q4 2023. On a quarterly growth basis, Primoris Services Corp has generated -21.78% fall in its net profits since last 3-months.

Primoris Services Corp’s net profit margin fell -20.42% since last year same period to 2.48% in the Q4 2023. On a quarterly growth basis, Primoris Services Corp has generated -21.06% fall in its net profit margins since last 3-months.

Primoris Services Corp’s price-to-earnings ratio after this Q4 2023 earnings stands at 19.49.

Primoris Services Corp’s earning per share (EPS) estimates for the current quarter stand at 0.13 - a -80.6% fall from last quarter’s estimates.

Primoris Services Corp’s earning per share (EPS) estimates for the current year stand at 0.13.

Primoris Services Corp’s earning per share (EPS) fell -10.39% since last year same period to 0.69 in the Q4 2023. This indicates that the Primoris Services Corp has generated -10.39% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Primoris Services Corp’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Primoris Services Corp’s return on equity (ROE) stands at 0.11.

Primoris Services Corp declared 0.06 dividend per share during the earnings announcement for Q4 2023.