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| Date | Value |
|---|---|
| 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 |