Primoris Services Corporation (PRIM) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 1.56B | 1.86B | 2.18B | 1.89B | 1.65B | 1.74B | 1.65B | 1.56B | 1.41B | 1.52B | 1.53B | 1.41B |
| Revenue Growth % | -5.35% | 6.68% | 32.1% | 20.91% | 16.66% | 14.9% | 7.82% | 10.64% | 12.4% | 14.03% | 19.11% | 38.17% |
| Cost of Goods Sold | 1.43B | 1.68B | 1.94B | 1.66B | 1.48B | 1.56B | 1.45B | 1.38B | 1.28B | 1.36B | 1.36B | 1.26B |
| COGS % of Revenue | 91.36% | 90.58% | 89.18% | 87.74% | 89.65% | 89.4% | 87.96% | 88.06% | 90.56% | 89.67% | 88.63% | 88.87% |
| Gross Profit | 134.7M | 175M | 235.71M | 231.74M | 170.66M | 184.6M | 198.56M | 186.71M | 133.38M | 156.6M | 173.9M | 157.26M |
| Gross Margin % | 8.64% | 9.42% | 10.82% | 12.26% | 10.35% | 10.6% | 12.04% | 11.94% | 9.44% | 10.33% | 11.37% | 11.13% |
| Gross Profit Growth % | -21.07% | -5.2% | 18.71% | 24.12% | 27.95% | 17.88% | 14.18% | 18.72% | 33.73% | 2.1% | 12.26% | 70.74% |
| Operating Expenses | 105.8M | 97.4M | 97.69M | 105.09M | 100.29M | 97M | 99.01M | 100.64M | 89.14M | 81.76M | 85.49M | 86.47M |
| OpEx % of Revenue | 6.78% | 5.24% | 4.48% | 5.56% | 6.09% | 5.57% | 6% | 6.44% | 6.31% | 5.39% | 5.59% | 6.12% |
| Selling, General & Admin | 105.8M | 97.4M | 97.69M | 104.55M | 99.5M | 96.54M | 98.11M | 100.12M | 88.59M | 80.75M | 84.4M | 85.57M |
| SG&A % of Revenue | 6.78% | 5.24% | 4.48% | 5.53% | 6.04% | 5.54% | 5.95% | 6.4% | 6.27% | 5.33% | 5.52% | 6.05% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 543K | 792K | 465K | 905K | 522K | 550K | 1000K | 1000K | 898K |
| Operating Income | 24.4M | 77.6M | 138.02M | 126.64M | 70.36M | 87.59M | 99.55M | 86.07M | 44.24M | 74.84M | 88.41M | 70.8M |
| Operating Margin % | 1.56% | 4.18% | 6.34% | 6.7% | 4.27% | 5.03% | 6.04% | 5.5% | 3.13% | 4.94% | 5.78% | 5.01% |
| Operating Income Growth % | -65.32% | -11.41% | 38.64% | 47.14% | 59.06% | 17.04% | 12.6% | 21.58% | 132.49% | 22.92% | 32.98% | 5.25% |
| EBITDA | 24.4M | 101.7M | 161.85M | 149.15M | 91.76M | 110.17M | 122.22M | 111.76M | 68.82M | 100.43M | 115.11M | 97.82M |
| EBITDA Margin % | 1.56% | 5.47% | 7.43% | 7.89% | 5.57% | 6.33% | 7.41% | 7.15% | 4.87% | 6.63% | 7.53% | 6.92% |
| EBITDA Growth % | -73.41% | -7.69% | 32.42% | 33.45% | 33.34% | 9.7% | 6.18% | 14.26% | 47.17% | 10.73% | 21.1% | 11.32% |
| D&A (Non-Cash Add-back) | 0 | 24.1M | 23.83M | 22.5M | 21.4M | 22.57M | 22.67M | 25.69M | 24.58M | 25.59M | 26.7M | 27.02M |
| EBIT | 0 | 78.4M | 138.02M | 126.31M | 70.1M | 88.48M | 100.16M | 86.91M | 44.67M | 74.77M | 88.87M | 71.88M |
| Net Interest Income | 0 | -6.4M | -6.96M | -7.55M | -7.79M | -12.33M | -17.86M | -17.13M | -17.99M | -21.73M | -21.07M | -16.88M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -4.6M | 6.4M | 6.96M | 7.55M | 7.79M | 12.33M | 17.86M | 17.13M | 17.99M | 21.73M | 21.07M | 16.88M |
| Other Income/Expense | -4.5M | -5.6M | -6.95M | -7.88M | -8.05M | -11.44M | -17.25M | -16.29M | -17.56M | -21.8M | -20.6M | -15.79M |
| Pretax Income | 19.9M | 72M | 131.07M | 118.76M | 62.31M | 76.15M | 82.31M | 69.78M | 26.68M | 53.04M | 67.81M | 55M |
| Pretax Margin % | 1.28% | 3.88% | 6.02% | 6.28% | 3.78% | 4.37% | 4.99% | 4.46% | 1.89% | 3.5% | 4.43% | 3.89% |
| Income Tax | -2.5M | 20.2M | 36.45M | 34.44M | 18.07M | 22.19M | 23.87M | 20.24M | 7.74M | 15.38M | 19.66M | 15.97M |
| Effective Tax Rate % | -12.56% | 28.06% | 27.81% | 29% | 29% | 29.13% | 29% | 29% | 29% | 29% | 29% | 29.03% |
| Net Income | 17.4M | 51.8M | 94.62M | 84.32M | 44.24M | 53.97M | 58.44M | 49.54M | 18.94M | 37.66M | 48.14M | 39.03M |
| Net Margin % | 1.12% | 2.79% | 4.34% | 4.46% | 2.68% | 3.1% | 3.54% | 3.17% | 1.34% | 2.48% | 3.15% | 2.76% |
| Net Income Growth % | -60.67% | -4.01% | 61.92% | 70.19% | 133.54% | 43.3% | 21.38% | 26.93% | 1346.03% | -9.26% | 11.86% | -22.18% |
| Net Income (Continuing) | 17.4M | 51.72M | 94.62M | 84.32M | 44.24M | 53.97M | 58.44M | 49.54M | 18.94M | 37.66M | 48.14M | 39.03M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.32 | 0.94 | 1.73 | 1.54 | 0.81 | 0.99 | 1.07 | 0.91 | 0.35 | 0.69 | 0.89 | 0.72 |
| EPS Growth % | -60.49% | -5.05% | 61.68% | 69.23% | 131.43% | 43.48% | 20.22% | 26.39% | 1650% | -10.39% | 11.25% | -22.58% |
| EPS (Basic) | 0.32 | 0.96 | 1.75 | 1.56 | 0.82 | 1.00 | 1.09 | 0.92 | 0.35 | 0.71 | 0.90 | 0.73 |
| Diluted Shares Outstanding | 54.8M | 54.8M | 54.8M | 54.8M | 54.7M | 54.66M | 54.67M | 54.65M | 54.41M | 54.38M | 54.35M | 54.32M |
| Basic Shares Outstanding | 54.1M | 54M | 54.02M | 54M | 53.81M | 53.72M | 53.69M | 53.64M | 53.49M | 53.36M | 53.34M | 53.3M |
| Dividend Payout Ratio | - | 8.41% | 4.57% | 5.13% | 9.72% | 5.98% | 5.51% | 6.5% | 16.9% | 8.5% | 6.64% | 8.19% |