Primoris Services (PRIM) Acquisitions (2018 - 2022)

Primoris Services (PRIM) recorded quarterly Acquisitions of $438.8 million in Q3 2022, up 1133.71% quarter-over-quarter from $35.6 million in Q2 2022.

Primoris Services (PRIM) Acquisitions (2018 - 2022) Analysis & Trends

Primoris Services' Acquisitions history runs 3 years deep, the most recent figure standing at $438.8 million for Q3 2022.

  • In Q3 2022, Acquisitions changed N/A year-over-year to $438.8 million; the TTM figure through Dec 2023 stood at $438.8 million (down 8.28% YoY), while the FY2023 annual figure was -$9.3 million, down 101.94% from the prior year.
  • Acquisitions was $438.8 million for Q3 2022 at Primoris Services, up from $35.6 million in the prior quarter.
  • In the past five years, Acquisitions ranged from a high of $613.2 million in Q1 2021 to a low of -$6.2 million in Q2 2021.
  • Historically, Acquisitions has averaged $180.8 million across 3 years, with a median of $19.8 million in 2022.
  • Biggest YoY gain for Acquisitions was 669.09% in 2022; the steepest drop was 99.34% in 2022.
  • A 3-year view of Acquisitions shows it stood at -$410000.0 in 2018, then sank by 1424.39% to -$6.2 million in 2021, then jumped by 7120.91% to $438.8 million in 2022.
  • The last three Acquisitions figures came in at $438.8 million (Q3 2022), $35.6 million (Q2 2022), and $4.1 million (Q1 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 22.94 Mn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 6.10 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 43.67 Mn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 266.85 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn -
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 289.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn -
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 143.11 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn - -1.63 Bn
10 Primoris Services 5.62 Bn 5.62 Bn 134.70 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2022 438.81 Mn
Jun 30, 2022 35.57 Mn
Mar 31, 2022 4.06 Mn
Jun 30, 2021 -6.25 Mn
Mar 31, 2021 613.22 Mn
Dec 31, 2018 -410,000.00