Primoris Services Corporation (PRIM)

Primoris Services Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	277.14	180.89	126.15	133.02	115.74	104.98
Depreciation & Amortization	90.3	95.52	107.04	99.16	105.56	82.5
Loss (Gain) From Sale of Assets	-24.94	-44.79	-48.1	-71.97	-15.92	-8.06
Loss (Gain) From Sale of Investments	0.36	1.57	-0.4	-5.58	-4.86	2.76
Stock-Based Compensation	19.69	15.13	11.83	7.44	10.46	2.27
Other Operating Activities	2.52	4.14	2.18	0.28	1.38	0.37
Change in Accounts Receivable	-271.76	-104.95	-246.71	-217.53	-56.46	-10.75
Change in Accounts Payable	472.66	11.38	93.43	191.53	15.7	9.58
Change in Unearned Revenue	-29.57	251.19	84.75	-7.87	-29.11	74.79
Change in Other Net Operating Assets	84.38	93.24	38.96	-59.82	-88.31	59.63
Operating Cash Flow	625.78	508.31	198.55	83.35	79.75	313
Operating Cash Flow Growth	50.52%	156.01%	138.23%	4.51%	-74.52%	163.15%
Capital Expenditures	-136.38	-126.56	-103.01	-94.69	-133.84	-64.36
Sale of Property, Plant & Equipment	28.89	99.32	63.7	41.3	49.55	21.85
Cash Acquisitions	-	-	9.3	-478.44	-606.97	-
Other Investing Activities	2.95	-	-	49.89	-	-
Investing Cash Flow	-104.55	-27.23	-30.01	-481.94	-691.27	-42.51
Long-Term Debt Issued	-	-	450.22	658.09	561.72	33.87
Total Debt Issued	-	-	450.22	658.09	561.72	33.87
Long-Term Debt Repaid	-	-224.47	-637.21	-175.33	-213.85	-68.88
Total Debt Repaid	-481.23	-224.47	-637.21	-175.33	-213.85	-68.88
Net Debt Issued (Repaid)	-481.23	-224.47	-186.99	482.76	347.87	-35.01
Issuance of Common Stock	-	-	-	-	178.71	0.58
Repurchase of Common Stock	-11.88	-7.47	-1.73	-7.31	-14.72	-11.45
Common Dividends Paid	-16.17	-12.87	-12.78	-12.78	-12.57	-11.59
Other Financing Activities	64.34	0.45	-3.78	-10.63	-13.56	-5.34
Financing Cash Flow	-444.94	-244.36	-205.28	452.04	485.73	-62.82
Foreign Exchange Rate Adjustments	2.73	1.16	1.29	-0.1	0.46	-0.14
Net Cash Flow	79.03	237.89	-35.45	53.35	-125.33	207.53
Free Cash Flow	489.4	381.76	95.55	-11.34	-54.1	248.64
Free Cash Flow Growth	64.83%	299.55%	-	-	-	916.87%
Free Cash Flow Margin	6.56%	6.00%	1.67%	-0.26%	-1.55%	7.12%
Free Cash Flow Per Share	8.94	7.00	1.76	-0.21	-1.02	5.11
Cash Interest Paid	31.77	61.34	82.26	37.18	22.22	17.22
Cash Income Tax Paid	90.81	65.35	5.07	3.57	39.26	26.59
Levered Free Cash Flow	463.54	415.4	94.1	-18.85	-119.2	219.38
Unlevered Free Cash Flow	484.37	456.22	142.95	5.66	-107.64	231.83
Change in Working Capital	260.71	255.85	-0.15	-79	-132.61	128.17

Updated Nov 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q