Primoris Services (PRIM) Interest Expenses (2010 - 2021)
Primoris Services' Interest Expenses came in at $4.83 million for Q2 2021, up 30.8% from $3.69 million a year earlier and up 2.2% from the prior quarter.
Powered by 
Analysis
Primoris Services (PRIM) Interest Expenses (2010 - 2021) Analysis & Trends
Over the trailing twelve months to Jun 30, 2021, Primoris Services reported Interest Expenses of $17.04 million, down 17.2% year-over-year; for FY2020, it was $20.3 million, up 1.0% from FY2019.
- Interest Expenses has increased in each of the last three years, with a five-year compound annual growth rate of 21.4% (FY2015 to FY2020).
- Going back by year, Interest Expenses was $20.1 million in FY2019 (+7.2%), $18.75 million in FY2018 (+130.1%), $8.15 million in FY2017 (-8.6%) and $8.91 million in FY2016 (+15.9%).
- The Q2 2021 figure represents the highest quarterly Interest Expenses since Q1 2020.
- Year-over-year, Interest Expenses increased in three of the last eight quarters, with an average decline of 10.6%.
- The fastest year-over-year change in Interest Expenses over five years came in Q4 2018 (growth of 361.3%), and the weakest in Q4 2019 (a decline of 63.4%).
- Business Quant data shows PRIM's Interest Expenses at $4.72 million (Q1 2021), $2.77 million (Q4 2020) and $4.73 million (Q3 2020) in the three quarters before Q2 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 91.17 Bn | 89.25 Bn | 1.55 Bn | 73.55 Mn |
| 2 | Ferrovial | 36.06 Bn | 14.31 Bn | - | - |
| 3 | Emcor | 31.30 Bn | 27.69 Bn | 1.02 Bn | - |
| 4 | Jacobs Solutions | 16.60 Bn | 11.27 Bn | 810.70 Mn | 54.65 Mn |
| 5 | Mastec | 14.57 Bn | 13.35 Bn | 556.28 Mn | 47.20 Mn |
| 6 | Sterling Infrastructure | 12.82 Bn | 11.14 Bn | 289.96 Mn | 3.09 Mn |
| 7 | IES Holdings | 9.58 Bn | 8.43 Bn | 340.66 Mn | 1.01 Mn |
| 8 | Stantec | 7.94 Bn | 6.87 Bn | 1.36 Bn | 36.94 Mn |
| 9 | Aecom | 7.64 Bn | 2.76 Bn | -34.04 Mn | 47.64 Mn |
| 10 | Primoris Services | 3.93 Bn | 2.38 Bn | 82.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2021 | 4.83 Mn |
| Mar 31, 2021 | 4.72 Mn |
| Dec 31, 2020 | 2.77 Mn |
| Sep 30, 2020 | 4.73 Mn |
| Jun 30, 2020 | 3.69 Mn |
| Mar 31, 2020 | 9.11 Mn |
| Dec 31, 2019 | 2.60 Mn |
| Sep 30, 2019 | 5.19 Mn |
| Jun 30, 2019 | 6.72 Mn |
| Mar 31, 2019 | 5.59 Mn |
| Dec 31, 2018 | 7.11 Mn |
| Sep 30, 2018 | 6.45 Mn |
| Jun 30, 2018 | 3.19 Mn |
| Mar 31, 2018 | 2.00 Mn |
| Dec 31, 2017 | 1.54 Mn |
| Sep 30, 2017 | 2.20 Mn |
| Jun 30, 2017 | 2.15 Mn |
| Mar 31, 2017 | 2.26 Mn |
| Dec 31, 2016 | 2.16 Mn |
| Sep 30, 2016 | 2.25 Mn |
API Access
Primoris Services Interest Expenses 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-expenses&ticker=PRIM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=PRIM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();