PRIM Q4 2021 Earnings — Primoris Services Corporation Revenue & Financial Results | Market Cap Arena

PRIMPrimoris Services Corporation

$7B

Q4 2021 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$884M-1.4% YoY

Gross Profit

$96M10.9% margin

Operating Income

$37M4.2% margin

Net Income

$29M3.3% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

-3.2%

Cash Flow

Operating Cash Flow

$65M

Free Cash Flow

$33M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.6B

Stockholders' Equity

$990M

Cash & Equivalents

$201M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$884M	$897M	-1.4%
Gross Profit	$96M	$98M	-1.8%
Operating Income	$37M	$44M	-16.2%
Net Income	$29M	$32M	-7.5%

Revenue Segments

Utilities

$443M50%

Energy/Renewables

$369M42%

Pipeline

$72M8%