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
DateValue
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