PRIM FY 2023 Earnings — Primoris Services Corporation Revenue & Financial Results | Market Cap Arena

PRIMPrimoris Services Corporation

$7B

FY 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$5.7B+29.3% YoY

Gross Profit

$587M10.3% margin

Operating Income

$253M4.4% margin

Net Income

$126M2.2% margin

EPS (Diluted)

$2.33

Cash Flow

Operating Cash Flow

$199M

Free Cash Flow

$96M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.6B

Stockholders' Equity

$1.2B

Cash & Equivalents

$218M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.7B	$4.4B	+29.3%
Gross Profit	$587M	$457M	+28.6%
Operating Income	$253M	$195M	+29.6%
Net Income	$126M	$133M	-5.2%