PRIM Q4 2024 Earnings — Primoris Services Corporation Revenue & Financial Results | Market Cap Arena

PRIMPrimoris Services Corporation

$7B

Q4 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$1.7B+14.9% YoY

Gross Profit

$185M10.6% margin

Operating Income

$88M5.0% margin

Net Income

$54M3.1% margin

EPS (Diluted)

$0.99

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$298M

Free Cash Flow

$270M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$4.2B

Total Liabilities

$2.8B

Stockholders' Equity

$1.4B

Cash & Equivalents

$456M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.5B	+14.9%
Gross Profit	$185M	$157M	+17.9%
Operating Income	$88M	$75M	+17.0%
Net Income	$54M	$38M	+43.3%

Revenue Segments

U And D Segment

$1.8B63%

Energy

$1.1B37%