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
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