Primoris Services Corporation (PRIM)

Primoris Services Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	535.5	455.8	217.78	248.69	200.51
Trading Asset Securities	-	0.1	-	1.24	-
Cash & Short-Term Investments	535.5	455.9	217.78	249.93	200.51
Cash Growth	17.46%	109.34%	-12.86%	24.64%	-38.63%
Accounts Receivable	1,604	1,559	1,492	1,258	880.41
Receivables	1,604	1,559	1,492	1,258	880.41
Prepaid Expenses	132	89.9	130.08	164.82	81.13
Restricted Cash	5.8	5.6	5.76	10.3	5.13
Other Current Assets	56	49	39.65	21.56	14.9
Total Current Assets	2,334	2,160	1,885	1,704	1,182
Property, Plant & Equipment	1,020	949.2	836.44	696.66	591.89
Long-Term Investments	-	-	1.63	-	-
Goodwill	856.9	856.9	857.65	871.81	581.66
Other Intangible Assets	190.2	207.9	227.56	249.38	171.32
Long-Term Deferred Tax Assets	-	-	-	-	1.31
Other Long-Term Assets	7	22.4	18.91	21.79	15.06
Total Assets	4,408	4,196	3,827	3,544	2,543
Accounts Payable	744.3	624.3	628.96	534.96	273.46
Accrued Expenses	200.9	174.6	152.88	157.06	105.27
Current Portion of Long-Term Debt	60.9	74.6	72.9	78.14	67.23
Current Portion of Leases	155.4	122	96.41	72.57	61.59
Current Income Taxes Payable	49.1	53.5	14.2	16.21	7.97
Current Unearned Revenue	629.2	614.3	363.16	269.85	234.35
Other Current Liabilities	8.7	7.4	6.52	9.28	9.25
Total Current Liabilities	1,849	1,671	1,335	1,138	759.12
Long-Term Debt	409	660.2	885.37	1,065	598.58
Long-Term Leases	325.6	333.4	263.45	130.79	98.06
Long-Term Deferred Tax Liabilities	71.4	64	59.57	57.1	38.51
Other Long-Term Liabilities	72.3	58.1	47.91	43.92	59.01
Total Liabilities	2,727	2,786	2,591	2,435	1,553
Common Stock	-	-	0.01	0.01	0.01
Additional Paid-In Capital	296.9	285.8	275.85	263.77	261.92
Retained Earnings	1,386	1,128	961.03	847.68	727.43
Comprehensive Income & Other	-1.5	-4.2	-0.79	-2.62	0.7
Total Common Equity	1,681	1,410	1,236	1,109	990.06
Shareholders' Equity	1,681	1,410	1,236	1,109	990.06
Total Liabilities & Equity	4,408	4,196	3,827	3,544	2,543
Total Debt	950.9	1,190	1,318	1,347	825.45
Net Cash (Debt)	-415.4	-734.3	-1,100	-1,097	-624.94
Net Cash Per Share	-7.58	-13.45	-20.30	-20.40	-11.76
Filing Date Shares Outstanding	54.06	53.75	53.44	53.14	53.22
Total Common Shares Outstanding	54.05	53.74	53.37	53.12	53.19
Working Capital	485.1	488.8	550.2	566.32	422.97
Book Value Per Share	31.10	26.23	23.16	20.87	18.61
Tangible Book Value	633.9	344.7	150.88	-12.35	237.07
Tangible Book Value Per Share	11.73	6.41	2.83	-0.23	4.46
Land	267.6	193.9	168.79	154.6	144.72
Machinery	641.7	625.9	714.86	764.63	695.89
Construction In Progress	15	74.5	38.67	26.15	22.37
Leasehold Improvements	22.7	19.6	22.86	21.35	19.56
Order Backlog	11,945	11,865	-	-	-

Updated Feb 23, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q