Primoris Services Corporation

NYSE PRIM

Primoris Services Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2024: 12.80%

Primoris Services Corporation Return on Equity (ROE) is 12.80% for the Trailing 12 Months (TTM) ending September 30, 2024, a 12.37% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Primoris Services Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2023 was 11.39%, a -3.95% change year over year.
  • Primoris Services Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2022 was 11.86%, a -11.31% change year over year.
  • Primoris Services Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2021 was 13.37%, a -14.13% change year over year.
  • Primoris Services Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2020 was 15.57%, a 10.26% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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NYSE: PRIM

Primoris Services Corporation

CEO Mr. Thomas E. McCormick
IPO Date Aug. 6, 2008
Location United States
Headquarters 2300 North Field Street
Employees 14,058
Sector Industrials
Industries
Description

Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation. The Pipeline Services segment offers a range of services comprising pipeline construction, maintenance, facility, and integrity services; installation of compressor and pump stations; and metering facilities for entities in the petroleum and petrochemical industries, as well as gas, water, and sewer utilities. The company was founded in 1960 and is headquartered in Dallas, Texas.

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StockViz Staff

January 15, 2025

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