Primoris Services (PRIM) Asset Utilization Ratio (2011 - 2026)
Primoris Services (PRIM) posted Asset Utilization Ratio of 1.65 for Q2 2026, down 5.24% on a QoQ basis from 1.74 in Q1 2026, and up 3.95% year-over-year from 1.58 in Q2 2025.
Analysis
Primoris Services (PRIM) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Primoris Services has reported Asset Utilization Ratio for 16 years, with the latest figure at 1.65 in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio rose 3.95% year-over-year to 1.65 in Q2 2026; TTM through Jun 2026 was 1.65, a 3.95% increase from a year earlier, with the FY2025 full-year figure at 1.76, up 10.95% from the prior year.
- Asset Utilization Ratio was 1.65 for Q2 2026 at Primoris Services, down from 1.74 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.74 in Q1 2026, with the low at 1.26 in Q4 2022.
- Average Asset Utilization Ratio over 5 years is 1.49, with a median of 1.5 recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio slipped 15.27% in 2022, then grew 18.58% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 1.26 in 2022, then advanced by 18.58% to 1.5 in 2023, then rose by 0.76% to 1.51 in 2024, then advanced by 10.81% to 1.67 in 2025, then dropped by 1.61% to 1.65 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.65 (Q2 2026), 1.74 (Q1 2026), and 1.67 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 94.39 Bn | 93.88 Bn | 1.55 Bn | 1.22 |
| 2 | Mastec | 18.81 Bn | 18.50 Bn | 556.28 Mn | 1.51 |
| 3 | IES Holdings | 12.95 Bn | 12.56 Bn | 340.66 Mn | 1.87 |
| 4 | Dycom Industries | 8.42 Bn | 7.71 Bn | - | - |
| 5 | Everus Construction | 6.01 Bn | 5.83 Bn | 182.92 Mn | 2.19 |
| 6 | Myr | 4.47 Bn | 4.33 Bn | 142.67 Mn | 2.39 |
| 7 | Primoris Services | 4.01 Bn | 3.79 Bn | 82.40 Mn | 1.65 |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | 1.44 |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 217.70 Mn | 203.02 Mn | 14.32 Mn | 2.26 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.65 |
| Mar 31, 2026 | 1.74 |
| Dec 31, 2025 | 1.67 |
| Sep 30, 2025 | 1.62 |
| Jun 30, 2025 | 1.58 |
| Mar 31, 2025 | 1.57 |
| Dec 31, 2024 | 1.51 |
| Sep 30, 2024 | 1.48 |
| Jun 30, 2024 | 1.50 |
| Mar 31, 2024 | 1.51 |
| Dec 31, 2023 | 1.50 |
| Sep 30, 2023 | 1.47 |
| Jun 30, 2023 | 1.46 |
| Mar 31, 2023 | 1.38 |
| Dec 31, 2022 | 1.26 |
| Sep 30, 2022 | 1.29 |
| Jun 30, 2022 | 1.36 |
| Mar 31, 2022 | 1.35 |
| Dec 31, 2021 | 1.36 |
| Sep 30, 2021 | 1.38 |