Primoris Services
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Primoris Services's past years’ income statements indicate that its last revenue has increased compared to the previous period by 29% to $5,715,309,000. Profit margin reached 2%. Total operating expenses were $328,733,000.
Profit Margin
| 2014 | 2.08B | 63.15M | 3.03% |
|---|---|---|---|
| 2015 | 1.92B | 36.87M | 1.91% |
| 2016 | 1.99B | 26.72M | 1.34% |
| 2017 | 2.37B | 72.35M | 3.04% |
| 2018 | 2.93B | 77.46M | 2.64% |
| 2019 | 3.10B | 82.32M | 2.65% |
| 2020 | 3.49B | 104.98M | 3.01% |
| 2021 | 3.49B | 115.73M | 3.31% |
| 2022 | 4.42B | 133.02M | 3.01% |
| 2023 | 5.71B | 126.14M | 2.21% |
PRIM Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 5.71B | 4.42B | 3.49B | 3.49B | 3.10B | 2.93B | 2.37B | 1.99B | 1.92B | 2.08B |
Cost of revenue | 5.12B | 3.96B | 3.08B | 3.12B | 2.77B | 2.61B | 2.10B | 1.79B | 1.70B | 1.85B |
Gross profit | 587.49M | 456.88M | 416.66M | 370.21M | 330.92M | 325.73M | 278.43M | 201.30M | 219.87M | 236.04M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 328.73M | 281.57M | 230.11M | 202.83M | 190.05M | 182.00M | 172.14M | 140.84M | 152.10M | 132.24M |
Operating income | 253.07M | 195.33M | 170.15M | 163.94M | 140.87M | 130.47M | 106.28M | 57.74M | 67.76M | 103.79M |
Other income (expenses), net | -75.40M | -36.05M | -18.29M | -18.31M | -22.96M | -13.38M | -1.00M | -2.82M | -6.67M | -1.46M |
Income before tax | 177.66M | 159.28M | 151.85M | 145.63M | 117.90M | 113.35M | 105.28M | 48.87M | 61.09M | 102.32M |
Income tax expense | 51.52M | 26.26M | 36.11M | 40.65M | 33.81M | 25.76M | 28.43M | 21.14M | 23.94M | 38.64M |
Net income | 126.14M | 133.02M | 115.73M | 104.98M | 82.32M | 77.46M | 72.35M | 26.72M | 36.87M | 63.15M |
Earnings per share | ||||||||||
Basic EPS | 2.37 | 2.5 | 2.19 | 2.17 | 1.62 | 1.51 | 1.41 | 0.52 | 0.71 | 1.22 |
Diluted EPS | 2.33 | 2.47 | 2.17 | 2.16 | 1.61 | 1.5 | 1.4 | 0.51 | 0.71 | 1.22 |
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