Primoris Services Corporation (PRIM) quarterly cash flow statement — complete operating, investing & financing history
Primoris Services Corporation (PRIM) cash flow statement — 19-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 140.2M | -8.7M | -122.6M | 142.88M | 182.9M | 78.45M | 66.17M | 298.26M | 222.45M | 16.07M | -28.46M | 205.7M | 73.69M | 34.51M | -115.34M | 185.38M | -10.92M | -97.69M | 6.58M | 64.85M |
| Operating CF Margin % | 7.18% | -0.52% | -7.86% | 7.69% | 8.4% | 4.15% | 4.01% | 17.13% | 13.49% | 1.03% | -2.01% | 13.57% | 4.82% | 2.44% | -9.18% | 13.95% | -0.85% | -9.55% | 0.84% | 7.33% |
| Operating CF Growth % | -23.35% | -111.09% | -285.27% | -52.1% | -17.78% | 388.29% | 332.48% | 45% | 201.89% | -53.44% | 75.32% | 10.96% | 774.65% | 135.32% | -1853.64% | 185.85% | -215.49% | -4985.37% | -12.47% | -46.16% |
| Net Income | 51.3M | -24.1M | 17.4M | 51.72M | 94.62M | 84.32M | 44.24M | 53.97M | 58.44M | 49.54M | 18.94M | 37.66M | 48.14M | 39.03M | 1.31M | 41.5M | 43.04M | 50.15M | -1.67M | 29.54M |
| Depreciation & Amortization | 34.1M | 30.6M | 23.8M | 24.18M | 23.83M | 22.5M | 21.4M | 22.57M | 22.67M | 25.69M | 24.58M | 25.59M | 26.7M | 27.02M | 27.73M | 29.81M | 28.57M | 20.61M | 20.17M | 26.69M |
| Stock-Based Compensation | 4.7M | 3.2M | 7.7M | 5.69M | 0 | 5.43M | 5.03M | 4.78M | 3.99M | 3.95M | 2.41M | 2.88M | 3.57M | 3.01M | 2.38M | 1.69M | 1.75M | 2.44M | 1.55M | 1.32M |
| Deferred Taxes | 0 | 0 | 0 | 7.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -5M | -71.4M | -4.4M | -9.82M | -3.77M | -3.38M | -5.38M | -5.08M | -10.28M | -16.07M | -7.65M | -15.26M | -14.56M | -11.66M | -4.84M | -15.47M | -7.76M | -46.96M | -7.09M | -3.96M |
| Working Capital Changes | 55.1M | 53M | -167.1M | 63.8M | 68.22M | -30.41M | 890K | 222.02M | 147.64M | -47.06M | -66.74M | 154.84M | 9.83M | -22.9M | -141.92M | 127.85M | -76.52M | -123.93M | -6.38M | 11.27M |
| Change in Receivables | -96.5M | 11.4M | -12M | 339.56M | -58.75M | -245.72M | -86M | 118.71M | 12.7M | -80.5M | -155.85M | 67.46M | 10.32M | -169.77M | -154.72M | 53.38M | -17.18M | -149.05M | 25.69M | 67.46M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 29M | -4.5M | -98M | -201.2M | 117.93M | 31.97M | 172.3M | 150.46M | -94.55M | -48.54M | 4.02M | 128.29M | -12.9M | -48.24M | 26.28M | 57.8M | 70.85M | 50.76M | 12.11M | -42M |
| Cash from Investing | -36.9M | -418.5M | -12.7M | -15.7M | -19.09M | -25.93M | -33.18M | -26.34M | -40.18M | 35.11M | 4.19M | -4.39M | -15.99M | -3.16M | -6.47M | 3.07M | -440.63M | -11.5M | -32.87M | -25.65M |
| Capital Expenditures | -42.1M | -22.5M | -27.8M | -21.73M | -34.46M | -33.11M | -40.59M | -28.22M | -63.7M | -24.2M | -10.43M | -20.5M | -40.11M | -28.55M | -13.85M | -18.99M | -9.88M | -32.65M | -33.16M | -31.71M |
| CapEx % of Revenue | 2.16% | 1.33% | 1.78% | 1.17% | 1.58% | 1.75% | 2.46% | 1.62% | 3.86% | 1.55% | 0.74% | 1.35% | 2.62% | 2.02% | 1.1% | 1.43% | 0.77% | 3.19% | 4.23% | 3.59% |
| Acquisitions | -3.3M | -401.4M | 7.1M | 14.59M | 12.42M | 7.18M | 7.41M | 1.88M | -73.93M | 59.31M | 14.62M | 0 | 0 | 9.3M | 0 | 0 | -438.81M | -35.57M | -4.06M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 8.5M | -7.1M | 8M | -8.55M | 2.95M | 0 | 0 | 0 | 97.45M | 0 | 0 | 16.12M | 24.11M | 16.09M | 7.38M | 22.07M | 8.05M | 56.72M | 4.35M | 6.06M |
| Cash from Financing | -118.5M | 283.2M | -38.6M | -21.7M | -122.87M | -14.47M | -137.26M | -170.34M | -34.92M | -24M | -15.11M | -145.26M | -18.91M | -4.51M | -36.6M | -63.31M | 489.15M | 27.43M | -1.23M | -36.97M |
| Debt Issued (Net) | -12.5M | 405.1M | -16.8M | -16.66M | -129.97M | -59.38M | -123.29M | -168.59M | -29.73M | -19.17M | -6.98M | -140.93M | -14.82M | 277K | -31.51M | -59.16M | 502.88M | 35.51M | 3.54M | -17.38M |
| Equity Issued (Net) | -100M | -50M | -17.7M | -805K | -791K | -783K | 783K | 0 | 0 | -620K | 620K | 0 | 681K | -489K | 489K | -11K | -2.02M | -3.79M | 422K | -14.72M |
| Dividends Paid | -4.3M | -4.4M | -4.3M | -4.36M | -4.32M | -4.32M | -4.3M | -3.23M | -3.22M | -3.22M | -3.2M | -3.2M | -3.2M | -3.2M | -3.19M | -3.19M | -3.19M | -3.2M | -3.19M | -3.23M |
| Share Repurchases | -100M | -50M | -17.7M | -805K | -791K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.62M | -3.37M | 0 | -14.72M |
| Other Financing | -1.7M | -67.5M | 200K | 126K | 12.21M | 50.01M | -10.46M | 1.48M | -1.97M | -986K | -5.55M | -1.12M | -1.57M | -1.1M | -2.39M | -946K | -8.51M | -1.09M | -1.99M | -1.64M |
| Net Change in Cash | -14.8M | -143.3M | -174.1M | 103.99M | 41.12M | 39.02M | -104.26M | 103.15M | 145.29M | 29.14M | -39.7M | 57M | 38.18M | 27.86M | -158.49M | 125.97M | 36.72M | -82.31M | -27.02M | 6.62M |
| Free Cash Flow | 98.1M | -31.2M | -150.4M | 121.14M | 148.44M | 45.34M | 25.58M | 270.04M | 158.75M | -8.14M | -38.9M | 185.19M | 33.58M | 5.96M | -129.18M | 166.39M | -20.8M | -130.34M | -26.59M | 33.14M |
| FCF Margin % | 5.02% | -1.85% | -9.64% | 6.52% | 6.81% | 2.4% | 1.55% | 15.51% | 9.63% | -0.52% | -2.75% | 12.22% | 2.2% | 0.42% | -10.28% | 12.52% | -1.62% | -12.74% | -3.39% | 3.75% |
| FCF Growth % | -33.91% | -168.81% | -687.91% | -55.14% | -6.5% | 657.28% | 165.77% | 45.82% | 372.79% | -236.51% | 69.89% | 11.3% | 261.4% | 104.57% | -385.87% | 402.03% | 30.47% | -185.85% | -129.92% | -70% |
| FCF per Share | 1.81 | -0.58 | -2.74 | 2.21 | 2.71 | 0.83 | 0.47 | 4.94 | 2.90 | -0.15 | -0.71 | 3.41 | 0.62 | 0.11 | -2.39 | 3.10 | -0.39 | -2.42 | -0.50 | 0.61 |
| FCF Conversion (FCF/Net Income) | 2.73x | 0.36x | -7.05x | 2.76x | 1.93x | 0.93x | 1.50x | 5.53x | 3.81x | 0.32x | -1.50x | 5.46x | 1.53x | 0.88x | -88.04x | 4.47x | -0.25x | -1.95x | -3.93x | 2.20x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | -42K | 0 | 0 | 15.74M | 0 | 0 | 24.91M | 20.39M | 19.59M | 17.37M | 17.15M | 8.44M | 6.1M | 0 | 5.67M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.27M | 6.27M | 0 | 0 | 0 | 0 | 0 | 0 | 1.03M | 395K | 0 | 0 | 8.06M |