Primoris Services (PRIM) Acquisitions (2018 - 2022)
Primoris Services (PRIM) posted quarterly Acquisitions of $438.8 million for Q3 2022, up 1133.71% on a QoQ basis from $35.6 million in Q2 2022.
Primoris Services (PRIM) Acquisitions (2018 - 2022) Analysis & Trends
Primoris Services (PRIM) has reported Acquisitions for 3 consecutive years, with $438.8 million the latest figure, recorded in 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 came in at $438.8 million for Q3 2022 at Primoris Services, up from $35.6 million in the prior quarter.
- The five-year high for Acquisitions was $613.2 million in Q1 2021, with the low at -$6.2 million in Q2 2021.
- Average Acquisitions over 3 years is $180.8 million, with a median of $19.8 million recorded in 2022.
- The largest YoY upside for Acquisitions was 669.09% in 2022 against a maximum downside of 99.34% in 2022.
- Year by year, Acquisitions stood at -$410000.0 in 2018, then slumped by 1424.39% to -$6.2 million in 2021, then jumped by 7120.91% to $438.8 million in 2022.
- According to Business Quant data, Acquisitions over the past three periods registered $438.8 million, $35.6 million, and $4.1 million for Q3 2022, Q2 2022, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | - |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 22.94 Mn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 266.85 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | - |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 289.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | - |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 143.11 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | - |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | - |
| 10 | Primoris Services | - | - | 134.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |