Primoris Services (PRIM) Long-Term Deferred Tax (2015 - 2022)
Primoris Services (PRIM) posted Long-Term Deferred Tax of $7.2 million for Q3 2022, up 460.96% on a QoQ basis from $1.3 million in Q2 2022, and up 275.92% year-over-year from $1.9 million in Q3 2021.
Analysis
Primoris Services (PRIM) Long-Term Deferred Tax (2015 - 2022) Analysis & Trends
Primoris Services has reported Long-Term Deferred Tax for 7 years, with the latest figure at $7.2 million in Q3 2022.
- On a quarterly basis, Long-Term Deferred Tax rose 275.92% year-over-year to $7.2 million in Q3 2022; TTM through Sep 2022 was $7.2 million, a 275.92% increase from a year earlier, with the FY2021 full-year figure at $1.3 million, down 31.53% from the prior year.
- Long-Term Deferred Tax was $7.2 million for Q3 2022 at Primoris Services, up from $1.3 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $13.4 million in Q3 2018, with the low at $888000.0 in Q3 2019.
- Average Long-Term Deferred Tax over 5 years is $2.8 million, with a median of $1.4 million recorded in 2018.
- The sharpest annual moves came in 2019 and 2022: Long-Term Deferred Tax slumped 93.39% in 2019, then surged 275.92% in 2022.
- Over 5 years, Long-Term Deferred Tax stood at $1.5 million in 2018, then retreated by 24.5% to $1.1 million in 2019, then surged by 73.55% to $1.9 million in 2020, then tumbled by 31.53% to $1.3 million in 2021, then surged by 451.95% to $7.2 million in 2022.
- The last three Long-Term Deferred Tax figures came in at $7.2 million (Q3 2022), $1.3 million (Q2 2022), and $1.3 million (Q1 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 94.39 Bn | 93.88 Bn | 1.55 Bn |
| 2 | Mastec | 18.81 Bn | 18.50 Bn | 556.28 Mn |
| 3 | IES Holdings | 12.95 Bn | 12.56 Bn | 340.66 Mn |
| 4 | Dycom Industries | 8.42 Bn | 7.71 Bn | - |
| 5 | Everus Construction | 6.01 Bn | 5.83 Bn | 182.92 Mn |
| 6 | Myr | 4.47 Bn | 4.33 Bn | 142.67 Mn |
| 7 | Primoris Services | 4.01 Bn | 3.79 Bn | 82.40 Mn |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - |
| 10 | Energy Services of America | 217.70 Mn | 203.02 Mn | 14.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 7.21 Mn |
| Jun 30, 2022 | 1.29 Mn |
| Mar 31, 2022 | 1.34 Mn |
| Dec 31, 2021 | 1.31 Mn |
| Sep 30, 2021 | 1.92 Mn |
| Jun 30, 2021 | 1.97 Mn |
| Mar 31, 2021 | 1.93 Mn |
| Dec 31, 2020 | 1.91 Mn |
| Sep 30, 2020 | 1.13 Mn |
| Jun 30, 2020 | 1.12 Mn |
| Mar 31, 2020 | 1.09 Mn |
| Dec 31, 2019 | 1.10 Mn |
| Sep 30, 2019 | 888,000.00 |
| Jun 30, 2019 | 903,000.00 |
| Mar 31, 2019 | 1.49 Mn |
| Dec 31, 2018 | 1.46 Mn |
| Sep 30, 2018 | 13.44 Mn |
| Jun 30, 2018 | 8.89 Mn |
| Sep 30, 2016 | 1.08 Mn |
| Jun 30, 2016 | 1.08 Mn |