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| 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 |