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

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

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

Primoris Services' Interest Expenses history runs 12 years deep, the most recent figure standing at $4.8 million for 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 was $4.8 million for Q2 2021 at Primoris Services, up from $4.7 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $9.1 million in Q1 2020 to a low of $1.5 million in Q4 2017.
  • Historically, Interest Expenses has averaged $4.3 million across 5 years, with a median of $4.2 million in 2020.
  • The sharpest annual moves came in 2018 and 2019: Interest Expenses soared 361.32% in 2018, then slumped 63.38% in 2019.
  • A 5-year view of Interest Expenses shows it stood at $1.5 million in 2017, then jumped by 361.32% to $7.1 million in 2018, then plunged by 63.38% to $2.6 million in 2019, then increased by 6.38% to $2.8 million in 2020, then soared by 74.25% to $4.8 million in 2021.
  • The last three Interest Expenses figures came in at $4.8 million (Q2 2021), $4.7 million (Q1 2021), and $2.8 million (Q4 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 73.27 Mn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 2.18 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn -
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 43.46 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 4.01 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 30.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 41.08 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 1.53 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Primoris Services 5.62 Bn 5.62 Bn 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