← Primoris Services Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $135.8m | $170.4m | $151.1m | $120.3m | $326.7m | $200.5m | $248.7m | $217.8m | $455.8m | $535.5m | |
| Prepaid Expense and Other Assets, Current | $19.3m | $12.6m | $36.4m | $42.7m | $30.2m | $86.3m | $176.3m | $135.8m | $95.5m | $137.8m | |
| Restricted Cash and Investments, Current | $481k | $1.0m | — | — | — | — | — | — | — | — | |
| Short-term Investments | $0 | — | — | — | — | — | — | — | — | — | |
| Inventory, Net | $49.2m | $40.9m | — | — | — | — | — | — | — | — | |
| Assets, Current | $731.4m | $743.2m | $924.4m | $912.7m | $1.1b | $1.2b | $1.7b | $1.9b | $2.2b | $2.3b | |
| Property, Plant and Equipment, Net | $277.3m | $311.8m | $375.9m | $375.9m | $356.2m | $433.3m | $493.9m | $475.9m | $488.2m | $531.2m | |
| Goodwill | $127.2m | $153.4m | $206.2m | $215.1m | $215.1m | $581.7m | $871.8m | $857.6m | $856.9m | $856.9m | |
| Intangible Assets, Net (Excluding Goodwill) | $32.8m | $44.8m | $81.2m | $69.8m | $61.0m | $171.3m | $249.4m | $227.6m | $207.9m | $190.2m | |
| Operating Lease, Right-of-Use Asset | — | — | — | $242.4m | $207.3m | $158.6m | $202.8m | $360.5m | $461.0m | $488.9m | |
| Other Assets, Noncurrent | $2.0m | $2.6m | $5.0m | $13.5m | $12.8m | $15.1m | $21.8m | $20.5m | $22.3m | $7.0m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | — | — | — | — | — | — | — | $112.2m | — | — | |
| Accrued Liabilities, Current | $108.0m | $111.4m | $117.5m | $183.5m | $200.7m | $174.8m | $245.8m | $263.5m | $350.1m | $405.4m | |
| Assets | $1.2b | $1.3b | $1.6b | $1.8b | $2.0b | $2.5b | $3.5b | $3.8b | $4.2b | $4.4b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $74.0m | $73.0m | $61.6m | $72.6m | $96.4m | $122.0m | $155.4m | |
| Accounts Payable, Current | $168.1m | $140.9m | $249.2m | $236.0m | $245.9m | $273.5m | $535.0m | $629.0m | $624.3m | $744.3m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $171.2m | $137.9m | $98.1m | $130.8m | $263.5m | $333.4m | $325.6m | |
| Dividends Payable, Current | $2.8m | $3.1m | $3.0m | $2.9m | $2.9m | $3.2m | $3.2m | $3.2m | $4.3m | $4.3m | |
| Dividends Payable | $2.8m | $3.1m | $3.0m | $2.9m | $2.9m | $3.2m | $3.2m | $3.2m | $4.3m | $4.3m | |
| Long-term Debt, Excluding Current Maturities | $203.4m | $193.4m | $305.7m | $295.6m | $268.8m | $594.2m | $1.1b | $885.4m | $660.2m | $409.0m | |
| Long-term Debt, Current Maturities | $58.2m | $65.5m | $62.5m | $55.7m | $47.7m | $67.2m | $78.1m | $72.9m | $74.6m | $60.9m | |
| Liabilities, Current | $449.9m | $480.8m | $621.8m | $670.4m | $764.4m | $759.1m | $1.1b | $1.3b | $1.7b | $1.8b | |
| Deferred Income Tax Liabilities, Net | $9.8m | $13.6m | $8.2m | $17.8m | $13.5m | $38.5m | $57.1m | $59.6m | $64.0m | $71.4m | |
| Other Liabilities, Noncurrent | $9.1m | $5.7m | $51.5m | $45.8m | $70.1m | $63.4m | $43.9m | $47.9m | $58.1m | $72.3m | |
| Deferred Tax Liabilities, Net | $9.8m | $13.6m | $6.7m | $16.7m | $11.6m | $37.2m | $57.1m | $59.6m | $64.0m | $71.4m | |
| Liabilities | $672.2m | $693.6m | $987.2m | $1.2b | $1.3b | $1.6b | $2.4b | $2.6b | $2.8b | $2.7b | |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, Issued | $5k | $5k | $5k | $5k | $5k | $6k | $6k | $6k | $6k | — | |
| Retained Earnings (Accumulated Deficit) | $335.2m | $396.0m | $461.1m | $531.3m | $624.7m | $727.4m | $847.7m | $961.0m | $1.1b | $1.4b | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | — | ($908k) | $76k | $958k | $698k | ($2.6m) | ($788k) | ($4.2m) | ($1.5m) | |
| Additional Paid in Capital, Common Stock | $162.1m | $160.5m | $144.0m | $97.1m | $89.1m | $261.9m | $263.8m | $275.8m | $285.8m | $296.9m | |
| Stockholders' Equity Attributable to Parent | — | — | — | — | — | — | $1.1b | $1.2b | $1.4b | $1.7b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $1.2m | $5.7m | $2.8m | $1.0m | $37k | — | — | — | — | — | |
| Liabilities and Equity | $1.2b | $1.3b | $1.6b | $1.8b | $2.0b | $2.5b | $3.5b | $3.8b | $4.2b | $4.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.