PRIM Q2 2021 Earnings — Primoris Services Corporation Revenue & Financial Results | Market Cap Arena

PRIMPrimoris Services Corporation

$7B

Q2 2021 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$882M-2.9% YoY

Gross Profit

$113M12.8% margin

Operating Income

$55M6.2% margin

Net Income

$36M4.1% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

+7.7%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$46M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.6B

Stockholders' Equity

$936M

Cash & Equivalents

$178M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$882M	$908M	-2.9%
Gross Profit	$113M	$101M	+11.9%
Operating Income	$55M	$50M	+10.6%
Net Income	$36M	$33M	+10.1%

Revenue Segments

U And D Segment

$425M48%

Energy Renewables

$335M38%

Pipeline Services

$121M14%