# Primoris Services Corporation (PRIM) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Construction & Engineering. Price $74.43, market value $4.0 billion.

## Valuation
- **P/E (trailing): 29.2×** (5-yr avg 16.2×, 3-yr avg 20.6×). Primoris Services Corporation trades at 29.2× trailing earnings, well above its own five-year average of 16.2×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 14.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.28**. A PEG of 0.28 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.6×**. Each dollar of revenue is priced at 0.6×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 2.5×**. The shares trade at 2.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 12.6×**. Enterprise value is 12.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 2.2%** (5-yr avg 2.8%). Free cash flow equals 2.2% of the market value, below its five-year average of 2.8%, so the shares are pricier on cash than usual.
- **Earnings yield: 3.4%**. The inverse of the P/E: 3.4% of the price is earned each year.

## Profitability
- **Gross margin: 8.6%**. Primoris Services Corporation keeps 8.6% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 2.9%**. 2.9% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 3.6%**. 3.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 16.4%**. 16.4% on shareholders' equity is solid.
- **Return on invested capital: 10.4%**. Return on all capital, debt included, is 10.4%.
- **Return on assets: 3.2%**. Each dollar of assets produces 3.2% of profit.

## Growth
- **Revenue growth (1 yr): 19.0%** (3-yr 19.7%/yr, 5-yr 16.8%/yr). Revenue grew 19.0% over the last year, against 16.8% a year compounded over five years.
- **EPS growth (1 yr): 51.7%** (3-yr 26.7%/yr, 5-yr 18.4%/yr). Earnings per share rose 51.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.28**. Debt is 0.28 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Primoris Services Corporation holds more cash than debt.
- **Altman Z-score: 3.45**. A Z-score of 3.45 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.43%** ($0.32 per share, trailing). Primoris Services Corporation yields 0.43%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 6%** (20% of free cash flow). 6% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 18**. 18 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 5.9%/yr** (1-yr 23.1%). The dividend has grown 5.9% a year over five years.

## Price and momentum
- **Total return (1 yr): -36.4%** (YTD -40.0%, 3-mo -38.9%). The shares are down 36.4% over twelve months including dividends.
- **From 52-week high: -63.8%** (14.5% above the low). Trading 64% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 1.82** (volatility 79%). Beta of 1.82 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PRIM · Page: https://foliofundamentals.com/stocks/prim

Not investment advice.
