Primoris Services (PRIM) Long-Term Deferred Tax (2015 - 2022)
Primoris Services (PRIM) recorded quarterly Long-Term Deferred Tax of $7.2 million in Q3 2022, up 460.96% quarter-over-quarter from $1.3 million in Q2 2022, and up 275.92% on a YoY basis from $1.9 million in Q3 2021.
Primoris Services (PRIM) Long-Term Deferred Tax (2015 - 2022) Analysis & Trends
Primoris Services' Long-Term Deferred Tax history runs 7 years deep, the most recent figure standing at $7.2 million for Q3 2022.
- In Q3 2022, Long-Term Deferred Tax rose 275.92% year-over-year to $7.2 million; the TTM figure through Sep 2022 stood at $7.2 million (up 275.92% YoY), while the FY2021 annual figure was $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.
- In the past five years, Long-Term Deferred Tax ranged from a high of $13.4 million in Q3 2018 to a low of $888000.0 in Q3 2019.
- Historically, Long-Term Deferred Tax has averaged $2.8 million across 5 years, with a median of $1.4 million in 2018.
- The sharpest annual moves came in 2019 and 2022: Long-Term Deferred Tax tumbled 93.39% in 2019, then jumped 275.92% in 2022.
- A 5-year view of Long-Term Deferred Tax shows it stood at $1.5 million in 2018, then fell by 24.5% to $1.1 million in 2019, then jumped by 73.55% to $1.9 million in 2020, then plunged by 31.53% to $1.3 million in 2021, then jumped 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 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| 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 |