Primoris Services
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Primoris Services generated cash of $198,552,000, which is more than the previous year. Cash used in financing activities reached the amount of -$205,279,000 last year. Net change in cash is therefore -$35,449,000.
Cash Flow
| 2014 | 36.10M | -102.60M | 9.89M |
|---|---|---|---|
| 2015 | 48.37M | -48.51M | 21.79M |
| 2016 | 62.57M | -59.42M | -28.45M |
| 2017 | 188.94M | -131.43M | -22.94M |
| 2018 | 126.81M | -209.15M | 63.93M |
| 2019 | 117.98M | -65.87M | -83.28M |
| 2020 | 311.92M | -42.50M | -62.82M |
| 2021 | 79.74M | -691.26M | 485.73M |
| 2022 | 83.34M | -481.93M | 452.04M |
| 2023 | 198.55M | -30.01M | -205.27M |
PRIM Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 258.99M | 205.64M | 330.97M | 120.28M | 151.06M | 170.38M | 135.82M | 161.12M | 139.46M | 196.07M |
Operating activities | ||||||||||
Net income | 126.14M | 133.02M | 115.73M | 104.98M | 84.09M | 87.59M | 76.85M | 27.72M | 37.15M | 63.68M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 107.04M | 99.15M | 105.55M | 82.49M | 85.4M | 79.25M | 66.30M | 68.03M | 65.20M | 58.42M |
Stock-based compensation expense | 11.83M | 7.44M | 10.46M | 2.27M | 1.57M | 0 | 1.12M | 1.62M | 1.05M | 934K |
| Deferred income tax benefit | 11.83M | 7.44M | 10.46M | 2.27M | 1.57M | 0 | 1.12M | 1.62M | 1.05M | 934K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -98.72M | 10.54M | -30.03M | -28.24M | 20.91M | 40.54M | -65.80M | 19.52M | -29.65M |
Inventories | 0 | 0 | -152.70M | 77.09M | -8.86M | -64.58M | 41.01M | -22.99M | -58.63M | -64.83M |
Accounts payable | 93.43M | 191.53M | 15.70M | 9.57M | -13.89M | 32.32M | -30.54M | 42.93M | -5.08M | 921K |
Cash generated by operating activities | 198.55M | 83.34M | 79.74M | 311.92M | 117.98M | 126.81M | 188.94M | 62.57M | 48.37M | 36.10M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | -13.58M | 0 | 0 | -33.77M |
Investments In Property Plant And Equipment | -103.00M | -94.69M | -133.84M | -64.35M | -94.49M | -110.18M | -79.78M | -58.02M | -67.09M | -87.95M |
Acquisitions Net | 9.3M | -478.43M | -606.97M | 0 | 28.62M | -110.62M | -66.20M | -10.99M | -22.30M | -8.15M |
Cash generated by investing activities | -30.01M | -481.93M | -691.26M | -42.50M | -65.87M | -209.15M | -131.43M | -59.42M | -48.51M | -102.60M |
Financing activities | ||||||||||
Common Stock Issued | 681K | 585K | 178.70M | 34.45M | 1.80M | 447.46M | 0 | 0 | 75.27M | 60.19M |
Payments for dividends | -12.78M | -12.77M | -12.56M | -11.59M | -12.21M | 0 | -11.32M | -11.38M | -9.80M | -7.48M |
Repurchases of common stock | 0 | -5.99M | -14.72M | -11.45M | -50M | -20M | -4.99M | -4.99M | 1.62M | -2.84M |
Repayments of term debt | -186.98M | 482.76M | -213.85M | -68.88M | -17.06M | -335.72M | -6.81M | -58.51M | 30.01M | -38.38M |
Cash used in financing activities | -205.27M | 452.04M | 485.73M | -62.82M | -83.28M | 63.93M | -22.94M | -28.45M | 21.79M | 9.89M |
Net Change In Cash | -35.44M | 53.34M | -125.33M | 206.45M | -30.77M | -19.32M | 34.56M | -25.29M | 21.65M | -56.61M |
Cash at end of period | 223.54M | 258.99M | 205.64M | 326.74M | 120.28M | 151.06M | 170.38M | 135.82M | 161.12M | 139.46M |
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