PRIM Q3 2024 Earnings — Primoris Services Corporation Revenue & Financial Results | Market Cap Arena

PRIMPrimoris Services Corporation

$7B

Q3 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$1.6B+7.8% YoY

Gross Profit

$199M12.0% margin

Operating Income

$100M6.0% margin

Net Income

$58M3.5% margin

EPS (Diluted)

$1.07

QoQ Revenue Growth

+5.5%

Cash Flow

Operating Cash Flow

$222M

Free Cash Flow

$159M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$4.2B

Total Liabilities

$2.9B

Stockholders' Equity

$1.4B

Cash & Equivalents

$353M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.5B	+7.8%
Gross Profit	$199M	$174M	+14.2%
Operating Income	$100M	$88M	+12.6%
Net Income	$58M	$48M	+21.4%

Revenue Segments

Energy

$1.0B60%

U And D Segment

$666M40%