Primoris Services (PRIM) Interest Expenses (2010 - 2021)

Primoris Services (PRIM) posted quarterly Interest Expenses of $4.8 million for Q2 2021, up 30.76% year-over-year from $3.7 million in Q2 2020, and up 2.2% on a QoQ basis from $4.7 million in Q1 2021.

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

Primoris Services (PRIM) has reported Interest Expenses for 12 consecutive years, with $4.8 million the latest figure, recorded in Q2 2021.

  • In Q2 2021, Interest Expenses rose 30.76% year-over-year to $4.8 million; the TTM figure through Mar 2022 stood at $4.8 million (down 69.67% YoY), while the FY2020 annual figure was $20.3 million, up 1.01% from the prior year.
  • Interest Expenses came in at $4.8 million for Q2 2021 at Primoris Services, up from $4.7 million in the prior quarter.
  • The five-year high for Interest Expenses was $9.1 million in Q1 2020, with the low at $1.5 million in Q4 2017.
  • Average Interest Expenses over 5 years is $4.3 million, with a median of $4.2 million recorded in 2020.
  • Across the five-year window, Interest Expenses soared 361.32% in 2018 and tumbled 63.38% in 2019, its largest moves.
  • Year by year, Interest Expenses stood at $1.5 million in 2017, then jumped by 361.32% to $7.1 million in 2018, then sank by 63.38% to $2.6 million in 2019, then advanced by 6.38% to $2.8 million in 2020, then soared by 74.25% to $4.8 million in 2021.
  • According to Business Quant data, Interest Expenses over the past three periods registered $4.8 million, $4.7 million, and $2.8 million for Q2 2021, Q1 2021, and Q4 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (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 73.27 Mn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 43.46 Mn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 4.01 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 30.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 41.08 Mn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 1.53 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 50.57 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 4.62 Mn
10 Primoris Services - - 134.70 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2021 4.83 Mn
Jun 30, 2021 4.83 Mn
Mar 31, 2021 4.72 Mn
Mar 31, 2021 4.72 Mn
Dec 31, 2020 2.77 Mn
Dec 31, 2020 2.77 Mn
Sep 30, 2020 4.73 Mn
Sep 30, 2020 4.73 Mn
Jun 30, 2020 3.69 Mn
Jun 30, 2020 3.69 Mn
Mar 31, 2020 9.11 Mn
Mar 31, 2020 9.11 Mn
Dec 31, 2019 2.60 Mn
Dec 31, 2019 2.60 Mn
Sep 30, 2019 5.19 Mn
Sep 30, 2019 5.19 Mn
Jun 30, 2019 6.72 Mn
Jun 30, 2019 6.72 Mn
Mar 31, 2019 5.59 Mn
Mar 31, 2019 5.59 Mn