PRIM Q1 2021 Earnings — Primoris Services Corporation Revenue & Financial Results | Market Cap Arena

PRIMPrimoris Services Corporation

$7B

Q1 2021 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$818M+10.1% YoY

Gross Profit

$80M9.8% margin

Operating Income

$13M1.6% margin

Net Income

$6M0.7% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

-8.8%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$12M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.6B

Stockholders' Equity

$901M

Cash & Equivalents

$213M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$818M	$743M	+10.1%
Gross Profit	$80M	$48M	+67.7%
Operating Income	$13M	$3M	+275.6%
Net Income	$6M	-$4M	+256.5%

Revenue Segments

Energy Renewables

$353M43%

U And D Segment

$335M41%

Pipeline Services

$130M16%