Stocks · Industrials · Engineering & Construction
Primoris Services Corporation PRIM
$79.08 +3.71% Close, Oct 2, 2026 · NYSE · Market cap $4.29B
Weak trend
Next earnings report: Nov 2, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 31.1× trailing earnings, higher than 95% of the company's own readings over the past five years.
- Diluted EPS over the last four quarters was $2.54, down 42.4% year over year.
- The stock is 61% below its highest close of the past year.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth17Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 39%
- EPS growth (TTM, YoY)Bottom 18%
- FCF growth (TTM, YoY)Bottom 13%
- Revenue growth, 3-year CAGRTop 14%
- Revenue growth accelerationBottom 7%
Quality29Very weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 50%
- Gross marginBottom 9%
- Operating marginBottom 32%
- Cash conversion (OCF / net income)Bottom 43%
- Accruals (lower is better)Bottom 23%
- Net debt / EBITDA (lower is better)Bottom 34%
- Interest coverTop 23%
Value49Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 40%
- Free-cash-flow yieldBottom 39%
- EBITDA / enterprise valueBottom 49%
- Sales / enterprise valueTop 10%
- P/E vs own 5-year history (lower is better)Bottom 6%
Momentum13Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 9%
- 6-month returnBottom 4%
- 1-year return vs S&P 500Bottom 10%
- Distance from 52-week highBottom 12%
- Trend checklist (0–4)Top 42%
Revisions76Positive
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 34%
- Consecutive EPS beatsBottom 39%
- Share of analysts rating BuyTop 32%
- Upside to consensus price targetTop 23%
Stability25Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 37%
- Maximum drawdown, 3 yearsBottom 28%
- Beta vs S&P 500 (lower is better)Bottom 27%
- Net debt / EBITDA (lower is better)Bottom 34%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 13.4% | 5.1% | ↓ |
| EPS growth (YoY) | 19.8% | -42.4% | ↓ |
| Gross margin | 11.3% | 8.6% | ↓ |
| Operating margin | 5.5% | 3.0% | ↓ |
| FCF margin | 7.2% | 1.2% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 5.1% | 13.4% | ↓ | Bottom 39% |
| EPS growth (TTM, YoY) | -42.4% | 19.8% | ↓ | Bottom 18% |
| Gross margin | 8.6% | 11.3% | ↓ | Bottom 9% |
| Operating margin | 3.0% | 5.5% | ↓ | Bottom 32% |
| Net margin | 1.9% | 3.5% | ↓ | — |
| Free-cash-flow margin | 1.2% | 7.2% | ↓ | — |
| Return on invested capital | 5.7% | — | Bottom 50% | |
| Revenue growth, 3-year CAGR | 19.7% | — | Top 14% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.39×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -61.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.91×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 11.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.41%
- Net buyback yield (TTM)
- 1.62%
- Shareholder yield
- 2.02%
- Share count change, 1 year
- -1.5%
- Share count change, 3-year CAGR
- -0.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +12.3%
- Average 2-day reaction, last 8
- +1.7%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $126.33
- Target vs current price
- +59.7%
- Analysts with a rating
- 25
- Share rating Buy or Strong Buy
- 68%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +23.8% | +3.4% | -8.1% | -17.9% | — |
| May 5, 2026 | -30.6% | +9.4% | -38.4% | -33.0% | -53.8% |
| Feb 23, 2026 | +13.7% | -2.2% | -11.0% | -18.0% | -35.9% |
| Nov 3, 2025 | +42.4% | +1.2% | -11.4% | -12.8% | +7.7% |
| Aug 4, 2025 | +58.5% | +2.1% | +22.0% | +30.1% | +55.6% |
| May 5, 2025 | +36.1% | +1.3% | +3.2% | +9.0% | +42.3% |
| Feb 24, 2025 | +48.7% | -2.6% | +8.7% | -3.6% | +13.9% |
| Nov 4, 2024 | +19.6% | +1.2% | +28.4% | +30.9% | +20.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | -$0.27 | -$0.35 | +23.8% | $1.69B |
| May 5, 2026 | $0.59 | $0.85 | -30.6% | $1.56B |
| Feb 23, 2026 | $1.08 | $0.95 | +13.7% | $1.86B |
| Nov 3, 2025 | $1.88 | $1.32 | +42.4% | $2.18B |
| Aug 4, 2025 | $1.68 | $1.06 | +58.5% | $1.89B |
| May 5, 2025 | $0.98 | $0.72 | +36.1% | $1.65B |
| Feb 24, 2025 | $1.13 | $0.76 | +48.7% | $1.74B |
| Nov 4, 2024 | $1.22 | $1.02 | +19.6% | $1.65B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 31.1× | 16.3× | 95th | Top 40% |
| P/E (forward) | 36.9× | — | — | — |
| EV / EBITDA | 16.9× | — | — | Bottom 49% |
| EV / Sales | 0.71× | — | — | Top 10% |
| Free-cash-flow yield | 2.05% | — | — | Bottom 39% |
| Earnings yield | 3.21% | — | — | Top 40% |
P/E over the past five years
Range 8.9× – 32.8× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -43.4%
- Earnings per share growth (TTM)
- -42.4%
- Change in P/E multiple
- +33.3%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 1
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -7.2%
- 200-day average slope (20 days)
- -4.1%
- Distance from 50-day average
- +1.4%
- Distance from 200-day average
- -33.5%
- RSI (14)
- 57.4
- Relative volume
- 1.15×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 53.9%
- Volatility vs own 5-year history
- 85th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.44
- Correlation with S&P 500
- 0.38
- Current drawdown from 1-year high
- -61.0%
- Maximum drawdown, 3 years
- -65.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 5, 2026 | Sep 28, 2026 | -65.0% | 100 days | Not yet recovered |
| Mar 12, 2021 | Sep 30, 2022 | -60.5% | 392 days | 360 days (Mar 8, 2024) |
| Jan 21, 2025 | Apr 4, 2025 | -40.8% | 52 days | 74 days (Jul 23, 2025) |
| Feb 20, 2026 | Mar 12, 2026 | -21.9% | 14 days | 28 days (Apr 22, 2026) |
| Oct 29, 2025 | Nov 13, 2025 | -19.3% | 11 days | 42 days (Jan 15, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $4.29B
- P/E (TTM)
- 31.1
- EPS, diluted (TTM)
- $2.54
- Revenue (TTM)
- $7.28B
- Dividend yield
- 0.40%
- 52-week range
- $65.00 – $205.50
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.50B | $4.42B | $5.72B | $6.37B | $7.57B |
| Gross profit | $416.7M | $456.9M | $587.5M | $703.2M | $813.1M |
| Operating income | $170.2M | $195.3M | $253.1M | $317.5M | $413.9M |
| Net income | $115.7M | $133.0M | $126.1M | $180.9M | $274.9M |
| EPS (diluted) | $2.17 | $2.47 | $2.33 | $3.31 | $5.02 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.65B | $1.74B | $1.65B | $1.89B | $2.18B | $1.86B | $1.56B | $1.69B |
| Net income | $58.4M | $54.0M | $44.2M | $84.3M | $94.6M | $51.8M | $17.4M | -$24.2M |
| EPS (diluted) | $1.07 | $0.99 | $0.81 | $1.54 | $1.73 | $0.94 | $0.32 | -$0.45 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $79.7M | $83.3M | $198.6M | $508.3M | $470.4M |
| Capital expenditure | -$133.8M | -$94.7M | -$103.0M | -$126.6M | -$129.9M |
| Free cash flow | -$54.1M | -$11.3M | $95.5M | $381.8M | $340.5M |
| Dividends paid | -$12.6M | -$12.8M | -$12.8M | -$12.9M | -$17.3M |
| Net share buybacks | $164.0M | -$5.4M | $681,000 | $0 | -$11.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $218.2M
- Total assets
- $4.64B
- Total liabilities
- $3.03B
- Total debt
- $1.11B
- Net debt
- $893.3M
- Shareholders’ equity
- $1.61B
As of Jun 30, 2026 (filed Aug 5, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 30, 2026 | $0.08 | Oct 15, 2026 |
| Jun 30, 2026 | $0.08 | Jul 15, 2026 |
| Mar 31, 2026 | $0.08 | Apr 15, 2026 |
| Dec 31, 2025 | $0.08 | Jan 15, 2026 |
| Sep 30, 2025 | $0.08 | Oct 15, 2025 |
| Jun 30, 2025 | $0.08 | Jul 15, 2025 |
| Mar 31, 2025 | $0.08 | Apr 15, 2025 |
| Dec 31, 2024 | $0.08 | Jan 15, 2025 |
Short interest
- Shares sold short
- 5,441,304
- Days to cover
- 4.32
- Change vs previous report
- +7.2%
FINRA short interest, settlement date Sep 15, 2026.