Last 48 quarters of trend data · Industrials · Engineering & Construction
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Primoris Services Corporation's quarterly P/E stands at 111.7x, up 530.7% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 666.9% YoY to 80.4x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 20.18 | 111.75 | 33.02 | 19.85 | 12.65 | 17.72 | 19.29 | 13.57 | 13.71 | 30.41 | 12.03 | 9.19 | 10.58 |
| — | +530.7% | +71.1% | +46.2% | -7.7% | -41.7% | +60.3% | +47.6% | +29.5% | -90.1% | +68.9% | +81.0% | +80.9% | |
| P/S Ratio | 0.73 | 1.26 | 0.92 | 0.86 | 0.56 | 0.48 | 0.60 | 0.48 | 0.44 | 0.41 | 0.30 | 0.29 | 0.29 |
| — | +163.7% | +52.7% | +79.4% | +29.6% | +16.2% | +101.2% | +65.6% | +48.9% | +54.9% | +34.4% | +71.0% | +2.2% | |
| P/B Ratio | 3.30 | 4.65 | 4.05 | 4.62 | 2.78 | 2.17 | 2.96 | 2.34 | 2.10 | 1.85 | 1.46 | 1.49 | 1.44 |
| — | +114.3% | +36.6% | +97.7% | +32.6% | +17.2% | +102.8% | +57.3% | +45.7% | +54.6% | +37.5% | +81.8% | +26.9% | |
| P/FCF | 16.13 | — | 14.04 | 12.68 | 23.55 | 30.69 | 3.87 | 5.00 | — | — | 2.44 | 13.24 | 69.43 |
| — | — | +263.1% | +153.5% | — | — | +58.6% | -62.2% | — | — | +37.7% | — | — | |
| EV / EBITDA | 12.31 | 80.40 | 18.53 | 12.44 | 8.30 | 10.48 | 11.14 | 8.53 | 8.65 | 12.64 | 7.24 | 6.58 | 7.41 |
| — | +666.9% | +66.3% | +45.8% | -4.0% | -17.0% | +54.0% | +29.7% | +16.8% | -7.9% | +15.3% | +17.6% | +35.6% | |
| EV / EBIT | 15.05 | — | 24.04 | 14.58 | 9.80 | 13.72 | 13.87 | 10.41 | 11.13 | 19.47 | 9.72 | 8.52 | 10.08 |
| — | — | +73.3% | +40.1% | -11.9% | -29.5% | +42.8% | +22.2% | +10.4% | -38.5% | +9.3% | +5.7% | +42.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Primoris Services Corporation's operating margin was 1.6% in Q1 2026, down 2.6 pp QoQ and down 2.7 pp YoY. This marks the 4th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 4.7% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 16.6% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 10.7% | 8.6% | 9.4% | 10.8% | 12.3% | 10.4% | 10.6% | 12.0% | 11.9% | 9.4% | 10.3% | 11.4% | 11.1% |
| — | -16.6% | -11.1% | -10.1% | +2.6% | +9.7% | +2.6% | +5.9% | +7.3% | +19.0% | -10.5% | -5.8% | +23.6% | |
| Operating Margin | 5.5% | 1.6% | 4.2% | 6.3% | 6.7% | 4.3% | 5.0% | 6.0% | 5.5% | 3.1% | 4.9% | 5.8% | 5.0% |
| — | -63.4% | -17.0% | +5.0% | +21.7% | +36.3% | +1.9% | +4.4% | +9.9% | +106.8% | +7.8% | +11.6% | -23.8% | |
| Net Margin | 3.6% | 1.1% | 2.8% | 4.3% | 4.5% | 2.7% | 3.1% | 3.5% | 3.2% | 1.3% | 2.5% | 3.1% | 2.8% |
| — | -58.4% | -10.0% | +22.6% | +40.8% | +100.2% | +24.7% | +12.6% | +14.7% | +1186.9% | -20.4% | -6.1% | -43.7% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.8% | 1.0% | 3.1% | 6.0% | 5.7% | 3.1% | 3.9% | 4.4% | 3.9% | 1.5% | 3.1% | 4.1% | 3.5% |
| — | -66.6% | -19.7% | +36.1% | +45.5% | +103.3% | +26.0% | +7.2% | +12.5% | +1190.7% | -18.8% | +0.2% | -30.4% | |
| ROA | 6.4% | 0.4% | 1.1% | 2.1% | 1.9% | 1.1% | 1.3% | 1.4% | 1.2% | 0.5% | 1.0% | 1.3% | 1.1% |
| — | -61.6% | -10.6% | +46.1% | +55.6% | +116.0% | +29.6% | +10.2% | +14.9% | +1212.1% | -16.8% | -8.3% | -42.9% | |
| ROIC | 13.6% | 0.9% | 2.5% | 4.7% | 4.3% | 2.5% | 2.9% | 3.1% | 2.7% | 1.4% | 2.3% | 2.7% | 2.2% |
| — | -63.7% | -12.8% | +52.1% | +63.4% | +75.7% | +24.5% | +13.7% | +18.7% | +122.9% | +16.4% | +12.7% | -24.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Primoris Services Corporation's Debt/EBITDA ratio is 15.2x, up from 12.6x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 5.1% YoY to 1.28x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.76 | 0.22 | 0.76 | 0.59 | 0.70 | 0.73 | 0.84 | 0.99 | 1.04 | 1.07 | 1.07 | 1.18 | 1.19 |
| — | -70.0% | -10.1% | -40.4% | -32.7% | -31.7% | -20.8% | -15.9% | -12.6% | -10.7% | -12.2% | -7.8% | +46.1% | |
| Debt / EBITDA | 2.52 | 15.18 | 12.55 | 5.94 | 7.18 | 11.54 | 10.80 | 11.02 | 12.07 | 19.46 | 13.12 | 12.25 | 13.96 |
| — | +31.5% | +16.2% | -46.1% | -40.5% | -40.7% | -17.7% | -10.1% | -13.6% | -31.6% | -11.6% | -14.7% | +46.0% | |
| Current Ratio | 1.26 | 1.28 | 1.26 | 1.20 | 1.22 | 1.22 | 1.29 | 1.38 | 1.41 | 1.38 | 1.41 | 1.46 | 1.45 |
| — | +5.1% | -2.3% | -13.0% | -13.6% | -11.7% | -8.5% | -5.4% | -2.9% | -6.9% | -5.7% | -4.8% | -2.1% | |
| Quick Ratio | 1.23 | 1.28 | 1.23 | 1.17 | 1.22 | 1.22 | 1.29 | 1.38 | 1.41 | 1.35 | 1.41 | 1.46 | 1.45 |
| — | +5.1% | -4.7% | -14.8% | -13.6% | -9.8% | -8.5% | -5.4% | -2.9% | -8.9% | -5.7% | -4.8% | -2.1% | |
| Interest Coverage | 14.38 | 5.30 | 12.25 | 19.84 | 16.73 | 9.00 | 7.18 | 5.61 | 5.07 | 2.48 | 3.44 | 4.22 | 4.26 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying PRIM stock.
Primoris Services Corporation's current P/E is 20.2x. The average P/E over the last 4 quarters is 44.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Primoris Services Corporation's current operating margin is 5.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Primoris Services Corporation's business trajectory between earnings reports.