Primoris Services (PRIM) Asset Utilization Ratio (2011 - 2026)
Primoris Services (PRIM) posted quarterly Asset Utilization Ratio of 1.74 for Q1 2026, up 10.66% year-over-year from 1.57 in Q1 2025, and up 3.84% on a QoQ basis from 1.67 in Q4 2025.
Primoris Services (PRIM) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Primoris Services (PRIM) has reported Asset Utilization Ratio for 16 consecutive years, with 1.74 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 10.66% year-over-year to 1.74; the TTM figure through Mar 2026 stood at 1.74 (up 10.66% YoY), while the FY2025 annual figure was 1.76, up 10.95% from the prior year.
- Asset Utilization Ratio came in at 1.74 for Q1 2026 at Primoris Services, up from 1.67 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 2023.
- Across the five-year window, Asset Utilization Ratio declined 15.27% in 2022 and rose 18.58% in 2023, its largest moves.
- Year by year, Asset Utilization Ratio stood at 1.26 in 2022, then grew by 18.58% to 1.5 in 2023, then advanced by 0.76% to 1.51 in 2024, then grew by 10.81% to 1.67 in 2025, then rose by 3.84% to 1.74 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.74, 1.67, and 1.62 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 2.25 |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 1.19 |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 1.50 |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 1.06 |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 0.91 |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 1.12 |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 1.99 |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 1.34 |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 2.21 |
| 10 | Primoris Services | - | - | 134.70 Mn | 1.74 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.41 |