Primoris Services (PRIM) Interest Coverage Ratio (2010 - 2021)

Primoris Services (PRIM) recorded quarterly Interest Coverage Ratio of 11.36 in Q2 2021, up 317.16% quarter-over-quarter from 2.72 in Q1 2021, and down 15.41% on a YoY basis from 13.43 in Q2 2020.

Primoris Services (PRIM) Interest Coverage Ratio (2010 - 2021) Analysis & Trends

Primoris Services' Interest Coverage Ratio history runs 12 years deep, the most recent figure standing at 11.36 for Q2 2021.

  • In Q2 2021, Interest Coverage Ratio fell 15.41% year-over-year to 11.36; the TTM figure through Mar 2022 stood at 32.75 (up 200.46% YoY), while the FY2020 annual figure was 8.08, up 15.22% from the prior year.
  • Interest Coverage Ratio was 11.36 for Q2 2021 at Primoris Services, up from 2.72 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 17.95 in Q2 2017 to a low of 0.38 in Q1 2020.
  • Historically, Interest Coverage Ratio has averaged 9.42 across 5 years, with a median of 9.61 in 2018.
  • The sharpest annual moves came in 2020 and 2021: Interest Coverage Ratio plunged 77.96% in 2020, then soared 624.94% in 2021.
  • A 5-year view of Interest Coverage Ratio shows it stood at 16.04 in 2017, then slumped by 53.33% to 7.49 in 2018, then soared by 110.07% to 15.73 in 2019, then advanced by 1.95% to 16.03 in 2020, then fell by 29.17% to 11.36 in 2021.
  • The last three Interest Coverage Ratio figures came in at 11.36 (Q2 2021), 2.72 (Q1 2021), and 16.03 (Q4 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 4.62
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 223.01
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn -
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 3.26
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 34.33
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 3.43
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn -1.98
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 73.32
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Primoris Services 5.62 Bn 5.62 Bn 134.70 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2021 11.36
Mar 31, 2021 2.72
Dec 31, 2020 16.03
Sep 30, 2020 14.08
Jun 30, 2020 13.43
Mar 31, 2020 0.38
Dec 31, 2019 15.73
Sep 30, 2019 11.30
Jun 30, 2019 4.74
Mar 31, 2019 1.70
Dec 31, 2018 7.49
Sep 30, 2018 7.92
Jun 30, 2018 6.35
Mar 31, 2018 2.96
Dec 31, 2017 16.04
Sep 30, 2017 12.68
Jun 30, 2017 17.95
Mar 31, 2017 6.72
Dec 31, 2016 13.39
Sep 30, 2016 5.08