Primoris Services (PRIM) Long-Term Deferred Tax (2015 - 2022)

Primoris Services (PRIM) has reported Long-Term Deferred Tax for 7 consecutive years, with $7.2 million the latest figure, recorded in 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 came in at $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.
• Across the five-year window, Long-Term Deferred Tax plunged 93.39% in 2019 and jumped 275.92% in 2022, its largest moves.
• Year by year, Long-Term Deferred Tax stood at $1.5 million in 2018, then slipped by 24.5% to $1.1 million in 2019, then jumped by 73.55% to $1.9 million in 2020, then sank by 31.53% to $1.3 million in 2021, then jumped by 451.95% to $7.2 million in 2022.
• According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $7.2 million, $1.3 million, and $1.3 million for Q3 2022, Q2 2022, and Q1 2022 respectively.