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

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

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

Primoris Services (PRIM) has reported Interest Coverage Ratio for 12 consecutive years, with 11.36 the latest figure, recorded in 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 came in at 11.36 for Q2 2021 at Primoris Services, up from 2.72 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 17.95 in Q2 2017, with the low at 0.38 in Q1 2020.
  • Average Interest Coverage Ratio over 5 years is 9.42, with a median of 9.61 recorded in 2018.
  • Across the five-year window, Interest Coverage Ratio sank 77.96% in 2020 and soared 624.94% in 2021, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 16.04 in 2017, then tumbled by 53.33% to 7.49 in 2018, then soared by 110.07% to 15.73 in 2019, then increased by 1.95% to 16.03 in 2020, then slipped by 29.17% to 11.36 in 2021.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 11.36, 2.72, and 16.03 for Q2 2021, Q1 2021, and Q4 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (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 4.62
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 3.26
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 34.33
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 3.43
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn -1.98
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 73.32
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 4.90
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 16.81
10 Primoris Services - - 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