Primoris Services (PRIM) Net Margin (2010 - 2026)
Primoris Services (PRIM) recorded quarterly Net Margin of 1.12% in Q1 2026, down 68.76% quarter-over-quarter from 3.57% in Q4 2025, and down 157.0% on a YoY basis from 1.96% in Q1 2025.
Primoris Services (PRIM) Net Margin (2010 - 2026) Analysis & Trends
Primoris Services' Net Margin history runs 17 years deep, the most recent figure standing at 1.12% for Q1 2026.
- In Q1 2026, Net Margin fell 157.0% year-over-year to 1.12%; the TTM figure through Mar 2026 stood at 3.51% (up 60.0% YoY), while the FY2025 annual figure was 3.82%, up 120.0% from the prior year.
- Net Margin was 1.12% for Q1 2026 at Primoris Services, down from 3.57% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 4.9% in Q2 2022 to a low of 6.02% in Q4 2023.
- Historically, Net Margin has averaged 2.22% across 5 years, with a median of 3.12% in 2022.
- The sharpest annual moves came in 2023 and 2024: Net Margin sank 914 bps in 2023, then soared 832 bps in 2024.
- A 5-year view of Net Margin shows it stood at 3.12% in 2022, then slumped by 293 bps to 6.02% in 2023, then surged by 138 bps to 2.3% in 2024, then surged by 55 bps to 3.57% in 2025, then slumped by 69 bps to 1.12% in 2026.
- The last three Net Margin figures came in at 1.12% (Q1 2026), 3.57% (Q4 2025), and 4.34% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 2.94% |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 12.93% |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 6.60% |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 1.82% |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 12.57% |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 2.57% |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | -0.08% |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 11.28% |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Primoris Services | 5.62 Bn | 5.62 Bn | 134.70 Mn | 1.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.12% |
| Dec 31, 2025 | 3.57% |
| Sep 30, 2025 | 4.34% |
| Jun 30, 2025 | 4.46% |
| Mar 31, 2025 | 2.68% |
| Dec 31, 2024 | 2.30% |
| Sep 30, 2024 | 3.54% |
| Jun 30, 2024 | 3.17% |
| Mar 31, 2024 | 1.34% |
| Dec 31, 2023 | -6.02% |
| Sep 30, 2023 | 3.15% |
| Jun 30, 2023 | 2.76% |
| Mar 31, 2023 | 0.10% |
| Dec 31, 2022 | 3.12% |
| Sep 30, 2022 | 3.35% |
| Jun 30, 2022 | 4.90% |
| Mar 31, 2022 | -0.21% |
| Dec 31, 2021 | 3.34% |
| Sep 30, 2021 | 4.82% |
| Jun 30, 2021 | 4.12% |