📊 PRIM Key Takeaways
Is Primoris Services Corp (PRIM) a Good Investment?
Despite 19% revenue growth, Primoris is fundamentally broken on cash flow with -$150.4M negative free cash flow indicating severe working capital management issues. Profitability is anemic with 1.1% net margin, flat net income growth, and extremely weak returns on capital (1% ROE, 0.4% ROA), suggesting the growth is value-destructive. Without urgent operational improvements, the company will exhaust its $361.5M cash balance unsustainably.
Primoris Services Corp Key Strengths (PRIM)
- Strong top-line revenue growth of 19% YoY demonstrates market demand
- Adequate liquidity position with $361.5M cash on hand
- Conservative leverage at 0.27x debt/equity ratio preserves balance sheet flexibility
PRIM Stock Risks: Primoris Services Corp Investment Risks
- Severely negative free cash flow of -$150.4M indicates critical working capital deterioration and unsustainable cash burn
- Operating cash flow is negative while operating income is positive, signaling severe collection or inventory management problems
- Extremely thin profit margins (1.1% net, 8.6% gross) with zero net income growth despite 19% revenue growth; weak interest coverage of 2.6x leaves no margin for error
- Abysmal capital returns (1.0% ROE, 0.4% ROA) indicate value-destructive growth trajectory
Key Metrics to Watch
- Operating Cash Flow and Free Cash Flow trends - must return to positive territory immediately
- Days Sales Outstanding and inventory metrics - diagnose root cause of working capital deterioration
- Net profit margin progression - determine if revenue growth can convert to actual earnings
Primoris Services Corp (PRIM) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Primoris Services Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
PRIM Profit Margin, ROE & Profitability Analysis
PRIM vs Industrial Sector: How Primoris Services Corp Compares
How Primoris Services Corp compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Primoris Services Corp Stock Overvalued? PRIM Valuation Analysis 2026
Based on fundamental analysis, Primoris Services Corp has mixed fundamental signals relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Primoris Services Corp Balance Sheet: PRIM Debt, Cash & Liquidity
PRIM Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Primoris Services Corp's revenue has grown significantly by 117% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.33 reflects profitable operations.
PRIM Revenue Growth, EPS Growth & YoY Performance
PRIM Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $1.6B | $17.4M | $0.32 |
| Q3 2025 | $1.6B | $58.4M | $1.07 |
| Q2 2025 | $1.6B | $49.5M | $0.91 |
| Q1 2025 | $1.4B | $18.9M | $0.35 |
| Q3 2024 | $1.5B | $48.1M | $0.89 |
| Q2 2024 | $1.4B | $39.0M | $0.72 |
| Q1 2024 | $1.3B | $1.3M | $0.02 |
| Q3 2023 | $1.3B | $43.0M | $0.80 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Primoris Services Corp Dividends, Buybacks & Capital Allocation
PRIM SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Primoris Services Corp (CIK: 0001361538)
📋 Recent SEC Filings
❓ Frequently Asked Questions about PRIM
What is the AI rating for PRIM?
Primoris Services Corp (PRIM) has an AI grade of C with 70% confidence, based on fundamental analysis of SEC EDGAR filings.
What are PRIM's key strengths?
Claude: Strong top-line revenue growth of 19% YoY demonstrates market demand. Adequate liquidity position with $361.5M cash on hand.
What are the risks of investing in PRIM?
Claude: Severely negative free cash flow of -$150.4M indicates critical working capital deterioration and unsustainable cash burn. Operating cash flow is negative while operating income is positive, signaling severe collection or inventory management problems.
What is PRIM's revenue and growth?
Primoris Services Corp reported revenue of $1.6B.
Does PRIM pay dividends?
Primoris Services Corp pays dividends, with $4.3M distributed to shareholders in the trailing twelve months.
Where can I find PRIM SEC filings?
Official SEC filings for Primoris Services Corp (CIK: 0001361538) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is PRIM's EPS?
Primoris Services Corp has a diluted EPS of $0.32.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is PRIM's fundamental grade?
Based on our AI fundamental analysis in May 2026, Primoris Services Corp has a C grade with 70% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is PRIM stock overvalued or undervalued?
Valuation metrics for PRIM: ROE of 1.0% (sector avg: 15%), net margin of 1.1% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is PRIM's AI grade for 2026?
Our dual AI analysis gives Primoris Services Corp a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is PRIM's free cash flow?
Primoris Services Corp's operating cash flow is $-122.6M, with capital expenditures of $27.8M. FCF margin is -9.6%.
How does PRIM compare to other Industrial stocks?
Vs Industrial sector averages: Net margin 1.1% (avg: 10%), ROE 1.0% (avg: 15%), current ratio 1.28 (avg: 1.8).