Primoris Services (PRIM) Gross Margin (2010 - 2026)
Primoris Services' Gross Margin was 4.88% in Q2 2026, down 7.37 percentage points from 12.25% a year earlier and down 3.75 percentage points from the prior quarter.
Primoris Services (PRIM) Gross Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Primoris Services' Gross Margin was 8.62% through Jun 30, 2026, down 2.72 percentage points year-over-year; for FY2025, it came in at 10.73%, down 0.31 percentage points from FY2024.
- Gross Margin shows a five-year change of +0.13 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 11.04% in FY2024 (+0.77 pp), 10.28% in FY2023 (-0.06 pp), 10.34% in FY2022 (-1.58 pp) and 11.91% in FY2021 (+1.31 pp).
- The Q2 2026 figure marks the lowest quarterly Gross Margin in data going back to Q2 2010.
- Compared with a year earlier, Gross Margin has declined for four straight quarters, with an average year-over-year change of -1.17 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q2 2023 (a gain of 2.12 percentage points); the worst was Q2 2026 (a drop of 7.37 percentage points).
- Per Business Quant data, PRIM's Gross Margin in the three quarters before Q2 2026 was 8.64% (Q1 2026), 9.42% (Q4 2025) and 10.82% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.81 Bn | 87.89 Bn | 1.55 Bn | 16.17% |
| 2 | Ferrovial | 35.40 Bn | 13.65 Bn | - | - |
| 3 | Emcor | 31.21 Bn | 27.60 Bn | 1.02 Bn | 19.83% |
| 4 | Jacobs Solutions | 16.43 Bn | 11.10 Bn | 810.70 Mn | 19.89% |
| 5 | Mastec | 14.65 Bn | 13.43 Bn | 556.28 Mn | 12.72% |
| 6 | Sterling Infrastructure | 12.67 Bn | 10.99 Bn | 289.96 Mn | 24.82% |
| 7 | IES Holdings | 9.64 Bn | 8.50 Bn | 340.66 Mn | 27.41% |
| 8 | Stantec | 7.86 Bn | 6.79 Bn | 1.36 Bn | 43.88% |
| 9 | Aecom | 7.59 Bn | 2.71 Bn | -34.04 Mn | -0.95% |
| 10 | Primoris Services | 3.90 Bn | 2.35 Bn | 82.40 Mn | 4.88% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.88% |
| Mar 31, 2026 | 8.64% |
| Dec 31, 2025 | 9.42% |
| Sep 30, 2025 | 10.82% |
| Jun 30, 2025 | 12.25% |
| Mar 31, 2025 | 10.36% |
| Dec 31, 2024 | 10.60% |
| Sep 30, 2024 | 12.04% |
| Jun 30, 2024 | 11.94% |
| Mar 31, 2024 | 9.44% |
| Dec 31, 2023 | 10.33% |
| Sep 30, 2023 | 11.37% |
| Jun 30, 2023 | 11.13% |
| Mar 31, 2023 | 7.93% |
| Dec 31, 2022 | 11.54% |
| Sep 30, 2022 | 12.06% |
| Jun 30, 2022 | 9.00% |
| Mar 31, 2022 | 7.20% |
| Dec 31, 2021 | 10.86% |
| Sep 30, 2021 | 13.95% |
Primoris Services Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PRIM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PRIM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PRIM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();