Primoris Services (PRIM) Interest Coverage Ratio (2010 - 2021)
Primoris Services' (PRIM) Interest Coverage Ratio came in at 11.36 for Q2 2021, down 15.4% from 13.43 a year earlier but up 317.2% from the prior quarter.
Primoris Services (PRIM) Interest Coverage Ratio (2010 - 2021) Analysis & Trends
For the trailing twelve months through Jun 30, 2021, Interest Coverage Ratio at Primoris Services was 10.48, up 41.5% year-over-year; for FY2020, it was 8.08, up 15.2% from FY2019.
- In prior years, Primoris Services' Interest Coverage Ratio was 7.01 in FY2019 (+0.7%), 6.96 in FY2018 (-46.7%), 13.05 in FY2017 (+101.4%) and 6.48 in FY2016 (-26.5%).
- Quarterly Interest Coverage Ratio has run from a low of 0.38 in Q1 2020 to a high of 17.95 in Q2 2017 over five years.
- On a year-over-year basis, Interest Coverage Ratio increased in six of the last eight quarters, with growth averaging 111.8%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2021, with growth of 624.9%; the weakest was Q1 2020, with a decline of 78.0%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 2.72 (Q1 2021), 16.03 (Q4 2020) and 14.08 (Q3 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.81 Bn | 87.89 Bn | 1.55 Bn | 9.45 |
| 2 | Ferrovial | 35.40 Bn | 13.65 Bn | - | - |
| 3 | Emcor | 31.21 Bn | 27.60 Bn | 1.02 Bn | - |
| 4 | Jacobs Solutions | 16.43 Bn | 11.10 Bn | 810.70 Mn | 5.25 |
| 5 | Mastec | 14.65 Bn | 13.43 Bn | 556.28 Mn | 4.79 |
| 6 | Sterling Infrastructure | 12.67 Bn | 10.99 Bn | 289.96 Mn | 70.87 |
| 7 | IES Holdings | 9.64 Bn | 8.50 Bn | 340.66 Mn | 177.31 |
| 8 | Stantec | 7.86 Bn | 6.79 Bn | 1.36 Bn | 10.57 |
| 9 | Aecom | 7.59 Bn | 2.71 Bn | -34.04 Mn | -1.59 |
| 10 | Primoris Services | 3.90 Bn | 2.35 Bn | 82.40 Mn | - |
Historic 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 |
Primoris Services Interest Coverage Ratio 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=interest-coverage-ratio&ticker=PRIM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=PRIM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();