Primoris Services (PRIM) Revenue & Revenue Breakdown


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Primoris Services Revenue Highlights


Latest Revenue (Y)

$5.72B

Latest Revenue (Q)

$1.65B

Main Segment (Y)

Energy

Main Geography (Y)

C

Primoris Services Revenue by Period


Primoris Services Revenue by Year

DateRevenueChange
2023-12-31$5.72B29.29%
2022-12-31$4.42B26.39%
2021-12-31$3.50B0.18%
2020-12-31$3.49B12.40%
2019-12-31$3.11B5.68%
2018-12-31$2.94B23.51%
2017-12-31$2.38B19.18%
2016-12-31$2.00B3.50%
2015-12-31$1.93B-7.52%
2014-12-31$2.09B7.30%
2013-12-31$1.94B26.11%
2012-12-31$1.54B5.59%
2011-12-31$1.46B55.04%
2010-12-31$941.76M101.66%
2009-12-31$467.01M-23.32%
2008-12-31$609.07M100.00%
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

DateRevenueChange
2024-09-30$1.65B5.46%
2024-06-30$1.56B10.69%
2024-03-31$1.41B-6.79%
2023-12-31$1.52B-0.91%
2023-09-30$1.53B8.22%
2023-06-30$1.41B12.45%
2023-03-31$1.26B-5.44%
2022-12-31$1.33B3.51%
2022-09-30$1.28B25.53%
2022-06-30$1.02B30.41%
2022-03-31$784.38M-11.31%
2021-12-31$884.45M-3.15%
2021-09-30$913.25M3.59%
2021-06-30$881.61M7.73%
2021-03-31$818.33M-8.80%
2020-12-31$897.34M-4.81%
2020-09-30$942.70M3.80%
2020-06-30$908.22M22.20%
2020-03-31$743.24M-5.89%
2019-12-31$789.78M-8.70%
2019-09-30$865.06M9.51%
2019-06-30$789.93M19.40%
2019-03-31$661.56M-24.62%
2018-12-31$877.67M-3.44%
2018-09-30$908.90M40.09%
2018-06-30$648.79M28.70%
2018-03-31$504.12M-12.94%
2017-12-31$579.02M-4.82%
2017-09-30$608.31M-3.62%
2017-06-30$631.16M12.41%
2017-03-31$561.50M-6.71%
2016-12-31$601.86M18.52%
2016-09-30$507.83M11.17%
2016-06-30$456.81M6.13%
2016-03-31$430.45M-13.42%
2015-12-31$497.14M-10.58%
2015-09-30$555.95M14.97%
2015-06-30$483.55M23.11%
2015-03-31$392.78M-19.44%
2014-12-31$487.59M-20.49%
2014-09-30$613.24M19.01%
2014-06-30$515.29M9.62%
2014-03-31$470.07M-12.61%
2013-12-31$537.88M-2.44%
2013-09-30$551.33M23.89%
2013-06-30$445.01M8.54%
2013-03-31$410.00M-14.74%
2012-12-31$480.88M11.36%
2012-09-30$431.84M27.98%
2012-06-30$337.44M15.73%
2012-03-31$291.57M-21.84%
2011-12-31$373.07M-0.64%
2011-09-30$375.48M6.68%
2011-06-30$351.96M-2.14%
2011-03-31$359.64M7.92%
2010-12-31$333.24M44.66%
2010-09-30$230.36M13.37%
2010-06-30$203.19M16.12%
2010-03-31$174.98M75.19%
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$150.50M2.56%
2008-09-30$146.74M100.00%
2008-06-30-100.00%
2008-03-31--

Primoris Services generated $1.65B in revenue during Q3 2024, up 5.46% compared to the previous quarter, and up 116.68% compared to the same period a year ago.

Primoris Services Revenue Breakdown


Primoris Services Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Utilities$2.38B$2.02B$1.66B--
Energy$3.34B----
Pipeline-$308.80M$431.46M--
Energy/Renewables-$2.09B$1.41B--
Utility Transmission And Distribution---$459.04M$497.30M
Civil Segment---$433.46M$488.02M
P And U Segment---$897.04M$505.16M
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/ServiceSep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
U And D Segment$666.24M$454.65M$425.42M$335.01M$230.27M$298.98M$230.18M$147.17M$236.43M$281.56M----------
Energy$1.01B$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------
Pipeline Services-----------$107.56M$121.18M$130.45M------
P I And E Segment--------------$229.13M$212.56M$157.48M$196.19M$211.14M$200.66M
P And U Segment--------------$201.58M$214.38M$289.56M$191.52M$99.51M$133.59M
Civil Segment--------------$104.27M$102.56M$121.06M$105.57M$127.98M$120.47M
Utility Transmission And Distribution--------------$132.09M$114.22M$109.95M$102.78M$114.72M$128.78M

Primoris Services's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Energy (60.27%), and U And D Segment (39.73%).

Primoris Services Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
EMEEMCOR Group$12.58B$3.70B
APGAPi Group$6.93B$1.83B
PRIMPrimoris Services$5.72B$1.65B
FIXComfort Systems USA$5.21B$1.81B
TPCTutor Perini$3.88B$1.08B
MYRGMYR Group$3.64B$888.04M
GVAGranite Construction$3.51B$1.28B
ROADConstruction Partners$1.56B$517.79M
MTRXMatrix Service Company$728.21M$165.58M
GLDDGreat Lakes Dredge & Dock$589.63M$191.17M

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 Q3 2024 was $1.65B, a 5.46% increase from the previous quarter (Q2 2024), and a 7.82% increase year-over-year (Q3 2023). The company'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). PRIM'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).

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 Utilities, and Energy. Utilities generated $2.38B in revenue, accounting 41.65% of the company's total revenue, up 17.58% year-over-year. Energy generated $3.34B in revenue, accounting 58.35% of the company's total revenue

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.