Primoris Services (PRIM) Revenue & Revenue Breakdown
Primoris Services Revenue Highlights
Latest Revenue (Y)
$5.72B
Latest Revenue (Q)
$1.56B
Main Segment (Y)
Energy
Main Geography (Y)
C
Primoris Services Revenue by Period
Primoris Services Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $5.72B | 29.29% |
| 2022-12-31 | $4.42B | 26.39% |
| 2021-12-31 | $3.50B | 0.18% |
| 2020-12-31 | $3.49B | 12.40% |
| 2019-12-31 | $3.11B | 5.68% |
| 2018-12-31 | $2.94B | 23.51% |
| 2017-12-31 | $2.38B | 19.18% |
| 2016-12-31 | $2.00B | 3.50% |
| 2015-12-31 | $1.93B | -7.52% |
| 2014-12-31 | $2.09B | 7.30% |
| 2013-12-31 | $1.94B | 26.11% |
| 2012-12-31 | $1.54B | 5.59% |
| 2011-12-31 | $1.46B | 55.04% |
| 2010-12-31 | $941.76M | 101.66% |
| 2009-12-31 | $467.01M | -23.32% |
| 2008-12-31 | $609.07M | 100.00% |
| 2007-03-31 | - | - |
Primoris Services generated $5.72B in revenue during NA 2023, up 29.29% compared to the previous quarter, and up 194.43% compared to the same period a year ago.
Primoris Services Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.56B | 10.69% |
| 2024-03-31 | $1.41B | -6.79% |
| 2023-12-31 | $1.52B | -0.91% |
| 2023-09-30 | $1.53B | 8.22% |
| 2023-06-30 | $1.41B | 12.45% |
| 2023-03-31 | $1.26B | -5.44% |
| 2022-12-31 | $1.33B | 3.51% |
| 2022-09-30 | $1.28B | 25.53% |
| 2022-06-30 | $1.02B | 30.41% |
| 2022-03-31 | $784.38M | -11.31% |
| 2021-12-31 | $884.45M | -3.15% |
| 2021-09-30 | $913.25M | 3.59% |
| 2021-06-30 | $881.61M | 7.73% |
| 2021-03-31 | $818.33M | -8.80% |
| 2020-12-31 | $897.34M | -4.81% |
| 2020-09-30 | $942.70M | 3.80% |
| 2020-06-30 | $908.22M | 22.20% |
| 2020-03-31 | $743.24M | -5.89% |
| 2019-12-31 | $789.78M | -8.70% |
| 2019-09-30 | $865.06M | 9.51% |
| 2019-06-30 | $789.93M | 19.40% |
| 2019-03-31 | $661.56M | -24.62% |
| 2018-12-31 | $877.67M | -3.44% |
| 2018-09-30 | $908.90M | 40.09% |
| 2018-06-30 | $648.79M | 28.70% |
| 2018-03-31 | $504.12M | -12.94% |
| 2017-12-31 | $579.02M | -4.82% |
| 2017-09-30 | $608.31M | -3.62% |
| 2017-06-30 | $631.16M | 12.41% |
| 2017-03-31 | $561.50M | -6.71% |
| 2016-12-31 | $601.86M | 18.52% |
| 2016-09-30 | $507.83M | 11.17% |
| 2016-06-30 | $456.81M | 6.13% |
| 2016-03-31 | $430.45M | -13.42% |
| 2015-12-31 | $497.14M | -10.58% |
| 2015-09-30 | $555.95M | 14.97% |
| 2015-06-30 | $483.55M | 23.11% |
| 2015-03-31 | $392.78M | -19.44% |
| 2014-12-31 | $487.59M | -20.49% |
| 2014-09-30 | $613.24M | 19.01% |
| 2014-06-30 | $515.29M | 9.62% |
| 2014-03-31 | $470.07M | -12.61% |
| 2013-12-31 | $537.88M | -2.44% |
| 2013-09-30 | $551.33M | 23.89% |
| 2013-06-30 | $445.01M | 8.54% |
| 2013-03-31 | $410.00M | -14.74% |
| 2012-12-31 | $480.88M | 11.36% |
| 2012-09-30 | $431.84M | 27.98% |
| 2012-06-30 | $337.44M | 15.73% |
| 2012-03-31 | $291.57M | -21.84% |
| 2011-12-31 | $373.07M | -0.64% |
| 2011-09-30 | $375.48M | 6.68% |
| 2011-06-30 | $351.96M | -2.14% |
| 2011-03-31 | $359.64M | 7.92% |
| 2010-12-31 | $333.24M | 44.66% |
| 2010-09-30 | $230.36M | 13.37% |
| 2010-06-30 | $203.19M | 16.12% |
| 2010-03-31 | $174.98M | 75.19% |
| 2009-12-31 | $99.88M | -10.41% |
| 2009-09-30 | $111.49M | -12.14% |
| 2009-06-30 | $126.90M | -1.43% |
| 2009-03-31 | $128.74M | -14.46% |
| 2008-12-31 | $150.50M | 2.56% |
| 2008-09-30 | $146.74M | 100.00% |
| 2008-06-30 | - | 100.00% |
| 2008-03-31 | - | - |
Primoris Services generated $1.56B in revenue during Q2 2024, up 10.69% compared to the previous quarter, and up 124.41% compared to the same period a year ago.
Primoris Services Revenue Breakdown
Primoris Services Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Energy | $3.34B | - | - | - | - |
| Utilities | $2.38B | $2.02B | $1.66B | - | - |
| Energy/Renewables | - | $2.09B | $1.41B | - | - |
| Pipeline | - | $308.80M | $431.46M | - | - |
| P And U Segment | - | - | - | $897.04M | $505.16M |
| Utility Transmission And Distribution | - | - | - | $459.04M | $497.30M |
| Civil Segment | - | - | - | $433.46M | $488.02M |
| P I And E Segment | - | - | - | $795.36M | $729.35M |
| U And D Segment | - | - | - | $906.60M | $886.50M |
Primoris Services's latest annual revenue breakdown by segment (product or service), as of Dec 23: Energy (58.35%), and Utilities (41.65%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Energy | $973.49M | $989.03M | $1.83B | $773.14M | $728.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Utilities | $620.80M | $490.81M | $1.21B | $640.24M | $528.89M | $576.45M | $613.01M | $476.12M | $358.73M | $442.87M | - | - | - | - | - | - | - | - | - | - |
| Pipeline | - | - | - | - | - | $111.04M | $70.68M | $60.48M | $66.61M | $72.27M | - | - | - | - | - | - | - | - | - | - |
| Energy/Renewables | - | - | - | - | - | $641.65M | $600.44M | $486.35M | $359.05M | $369.31M | - | - | - | - | - | - | - | - | - | - |
| Energy Renewables | - | - | - | - | - | - | - | - | - | - | $351.03M | $335.01M | $352.86M | - | - | - | - | - | - | - |
| U And D Segment | - | - | - | - | - | - | - | - | - | - | $454.65M | $425.42M | $335.01M | $230.27M | $298.98M | $230.18M | $147.17M | $236.43M | $281.56M | $222.31M |
| Pipeline Services | - | - | - | - | - | - | - | - | - | - | $107.56M | $121.18M | $130.45M | - | - | - | - | - | - | - |
| P And U Segment | - | - | - | - | - | - | - | - | - | - | - | - | - | $201.58M | $214.38M | $289.56M | $191.52M | $99.51M | $133.59M | $137.24M |
| Civil Segment | - | - | - | - | - | - | - | - | - | - | - | - | - | $104.27M | $102.56M | $121.06M | $105.57M | $127.98M | $120.47M | $122.85M |
| P I And E Segment | - | - | - | - | - | - | - | - | - | - | - | - | - | $229.13M | $212.56M | $157.48M | $196.19M | $211.14M | $200.66M | $172.17M |
| Utility Transmission And Distribution | - | - | - | - | - | - | - | - | - | - | - | - | - | $132.09M | $114.22M | $109.95M | $102.78M | $114.72M | $128.78M | $135.35M |
Primoris Services's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Energy (61.06%), and Utilities (38.94%).
Primoris Services Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 18 |
|---|---|
| C | $86.40M |
Primoris Services's latest annual revenue breakdown by geography, as of Dec 18: C (100.00%).
Primoris Services Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EME | EMCOR Group | $12.58B | $3.70B |
| APG | APi Group | $6.93B | $1.83B |
| PRIM | Primoris Services | $5.72B | $1.56B |
| FIX | Comfort Systems USA | $5.21B | $1.81B |
| TPC | Tutor Perini | $3.88B | $1.13B |
| MYRG | MYR Group | $3.64B | $888.04M |
| GVA | Granite Construction | $3.51B | $1.28B |
| ROAD | Construction Partners | $1.56B | $517.79M |
| MTRX | Matrix Service Company | $728.21M | $166.01M |
| GLDD | Great Lakes Dredge & Dock | $589.63M | $170.09M |
PRIM Revenue FAQ
What is Primoris Services’s yearly revenue?
Primoris Services's yearly revenue for 2023 was $5.72B, representing an increase of 29.29% compared to 2022. The company's yearly revenue for 2022 was $4.42B, representing an increase of 26.39% compared to 2021. PRIM's yearly revenue for 2021 was $3.5B, representing an increase of 0.18% compared to 2020.
What is Primoris Services’s quarterly revenue?
Primoris Services's quarterly revenue for Q2 2024 was $1.56B, a 10.69% increase from the previous quarter (Q1 2024), and a 10.64% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.41B, a -6.79% decrease from the previous quarter (Q4 2023), and a 12.40% increase year-over-year (Q1 2023). PRIM's quarterly revenue for Q4 2023 was $1.52B, a -0.91% decrease from the previous quarter (Q3 2023), and a 14.02% increase year-over-year (Q4 2022).
What is Primoris Services’s revenue growth rate?
Primoris Services's revenue growth rate for the last 3 years (2021-2023) was 63.41%, and for the last 5 years (2019-2023) was 83.99%.
What are Primoris Services’s revenue streams?
Primoris Services's revenue streams in c 23 are Energy, and Utilities. Energy generated $3.34B in revenue, accounting 58.35% of the company's total revenue Utilities generated $2.38B in revenue, accounting 41.65% of the company's total revenue, up 17.58% year-over-year.
What is Primoris Services’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Primoris Services was Energy. This segment made a revenue of $3.34B, representing 58.35% of the company's total revenue.