Primoris Services (PRIM) Long-Term Deferred Tax (2015 - 2022)
Primoris Services (PRIM) recorded Long-Term Deferred Tax of $7.21 million in Q3 2022, up 275.9% from $1.92 million a year earlier and up 461.0% from the prior quarter.
Primoris Services (PRIM) Long-Term Deferred Tax (2015 - 2022) Analysis & Trends
At the end of FY2021, Primoris Services reported Long-Term Deferred Tax of $1.31 million, down 31.5% from FY2020.
- Annual Long-Term Deferred Tax has a three-year compound annual growth rate of -3.6% (FY2018 to FY2021).
- Across earlier years, Long-Term Deferred Tax came in at $1.91 million in FY2020 (+73.5%), $1.1 million in FY2019 (-24.5%) and $1.46 million in FY2018.
- The Q3 2022 figure is the highest quarterly Long-Term Deferred Tax since Q3 2018.
- On a year-over-year basis, Long-Term Deferred Tax rose in five of the last eight quarters, with growth averaging 59.5%.
- Peak year-over-year performance for Long-Term Deferred Tax in the last five years was growth of 275.9% in Q3 2022, against a decline of 93.4% in Q3 2019 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.29 million (Q2 2022), $1.34 million (Q1 2022) and $1.31 million (Q4 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 83.55 Bn | 81.63 Bn | 1.55 Bn |
| 2 | Ferrovial | 35.57 Bn | 13.81 Bn | - |
| 3 | Emcor | 29.37 Bn | 25.76 Bn | 1.02 Bn |
| 4 | Jacobs Solutions | 17.15 Bn | 11.81 Bn | 810.70 Mn |
| 5 | Mastec | 13.50 Bn | 12.28 Bn | 556.28 Mn |
| 6 | Sterling Infrastructure | 11.49 Bn | 9.82 Bn | 289.96 Mn |
| 7 | IES Holdings | 8.91 Bn | 7.77 Bn | 340.66 Mn |
| 8 | Stantec | 8.25 Bn | 7.18 Bn | 1.36 Bn |
| 9 | Aecom | 7.77 Bn | 2.89 Bn | -34.04 Mn |
| 10 | Primoris Services | 3.69 Bn | 2.14 Bn | 82.40 Mn |
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 |
Primoris Services Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=PRIM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "PRIM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=PRIM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();