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Companies / Industrials / Primoris Services Corp
PRIM

Primoris Services Corp

IndustrialsConstruction
Ticker PRIMDALLAS, TXFiscal year ends DecemberBook value per share $29.69Diluted shares 54.1M

Primoris Services Corporation (NASDAQ: PRIM) is a leading provider of critical infrastructure services operating primarily in the United States and Canada. The company delivers a comprehensive range of construction, maintenance, replacement, and engineering services to a diversified customer base through two… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$7.57BFY2025
+19.0% year over year
Last 12 mo $7.28B
5.43%FY2025
+0.4 percentage points
Last 12 mo 2.91%
$274.90MFY2025
+52.0% year over year
Last 12 mo $139.64M
16.35%FY2025
+3.5 percentage points
Last 12 mo 8.69%
Cash & financing
$470.40MFY2025
−7.5% year over year
Last 12 mo $194.47M
$340.50MFY2025
−10.8% year over year
Last 12 mo $87.98M
0.28FY2025
Was 0.52× a year earlier
Last 12 mo 0.50
54.8MFY2025
+0.4% year over year
Last 12 mo 54.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Primoris Services Corp does

In the company’s own words

Primoris Services Corporation (NASDAQ: PRIM) is a leading provider of critical infrastructure services operating primarily in the United States and Canada. The company delivers a comprehensive range of construction, maintenance, replacement, and engineering services to a diversified customer base through two reportable segments: Utilities and Energy.

The Utilities segment specializes in the construction and maintenance of natural gas and electric utility distribution and transmission systems, as well as communications infrastructure throughout the United States. The Energy segment provides engineering, procurement, construction, and maintenance services for entities in the energy, renewable energy, energy storage, renewable fuels, and petroleum and petrochemical industries, as well as state departments of transportation across the United States and Canada. In 2025, revenue from Master Service Agreements represented 32.0% of total revenue, with the remainder generated from project-specific contracts.

The company maintains longstanding relationships with major energy and utility companies including Xcel Energy, Pacific Gas & Electric, Southern California Gas, Duke Energy, Williams, ExxonMobil, and Enterprise Pipeline, among others. Primoris employs approximately 18,526 personnel as of December 31, 2025, consisting of 3,055 salaried employees and 15,471 hourly employees, with approximately 30% of hourly workers covered by collective bargaining agreements.

Primoris operates through a business model emphasizing self-performance of work, ownership or long-term leasing of construction equipment, and maintenance of a stable workforce of skilled craft professionals. The company strategically bids projects to meet profitability objectives while minimizing customer concentration risk and labor market stress. The company's competitive advantages include a substantial owned and leased equipment fleet, experienced field supervision, strong safety performance with industry-leading safety metrics, and deep expertise in local markets.

The company's website is www.prim.com. Primoris maintains a strong balance sheet and conservative capital structure designed to provide access to debt financing while relying on operating cash flows to support operations and growth initiatives, whether organic or through acquisitions in attractive markets including renewable energy, electric transmission and distribution, and gas distribution.

Company details
Sector
Industrials
Industry (SIC)
Construction
Headquarters
DALLAS, TX
Fiscal year end
December
CIK
1361538
SIC
1623

Financial performance, year by year

Fiscal 2013–2025 · USD
$-757.49M$1.51B$3.79B$6.06B$8.33B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Primoris Services Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

413
funds hold it
0 of 35
superinvestors hold it
$3.18B
held by funds, at market
47.6%
of shares held by funds

Largest fund holders · Primoris Services Corp’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.29%of fund net assets
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
First Trust RBA American Industrial Renaissance ETF
AIRR · First Trust Exchange-Traded Fund VI
1.18%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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