Primoris Services (PRIM) Other Operating Expenses (2016 - 2022)
Primoris Services (PRIM) recorded quarterly Other Operating Expenses of $51.1 million in Q3 2022, up 27.51% quarter-over-quarter from $40.1 million in Q2 2022, and up 21.06% on a YoY basis from $42.2 million in Q3 2021.
Primoris Services (PRIM) Other Operating Expenses (2016 - 2022) Analysis & Trends
Primoris Services' Other Operating Expenses history runs 6 years deep, the most recent figure standing at $51.1 million for Q3 2022.
- In Q3 2022, Other Operating Expenses rose 21.06% year-over-year to $51.1 million; the TTM figure through Jun 2023 stood at $51.1 million (down 50.75% YoY), while the FY2022 annual figure was $40.1 million, down 33.79% from the prior year.
- Other Operating Expenses was $51.1 million for Q3 2022 at Primoris Services, up from $40.1 million in the prior quarter.
- In the past five years, Other Operating Expenses ranged from a high of $51.1 million in Q3 2022 to a low of -$13.5 million in Q1 2020.
- Historically, Other Operating Expenses has averaged $24.9 million across 4 years, with a median of $32.4 million in 2018.
- The sharpest annual moves came in 2018 and 2022: Other Operating Expenses jumped 850.87% in 2018, then sank 169.22% in 2022.
- A 4-year view of Other Operating Expenses shows it stood at $32.4 million in 2018, then dropped by 18.66% to $26.4 million in 2020, then advanced by 9.5% to $28.9 million in 2021, then surged by 77.01% to $51.1 million in 2022.
- The last three Other Operating Expenses figures came in at $51.1 million (Q3 2022), $40.1 million (Q2 2022), and -$7.4 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 | 51.11 Mn |
| Jun 30, 2022 | 40.08 Mn |
| Mar 31, 2022 | -7.40 Mn |
| Dec 31, 2021 | 28.87 Mn |
| Sep 30, 2021 | 42.22 Mn |
| Jun 30, 2021 | 37.32 Mn |
| Mar 31, 2021 | 10.69 Mn |
| Dec 31, 2020 | 26.37 Mn |
| Sep 30, 2020 | 48.05 Mn |
| Jun 30, 2020 | 38.93 Mn |
| Mar 31, 2020 | -13.50 Mn |
| Dec 31, 2018 | 32.42 Mn |
| Sep 30, 2018 | 32.69 Mn |
| Jun 30, 2018 | 9.41 Mn |
| Mar 31, 2018 | -4.03 Mn |
| Dec 31, 2017 | -23.70 Mn |
| Sep 30, 2017 | 3.44 Mn |
| Jun 30, 2017 | 21.90 Mn |
| Mar 31, 2017 | 8.40 Mn |
| Dec 31, 2016 | 17.74 Mn |