Primoris Services (PRIM) Other Operating Expenses (2016 - 2022)
Primoris Services (PRIM) posted quarterly Other Operating Expenses of $51.1 million for Q3 2022, up 21.06% year-over-year from $42.2 million in Q3 2021, and up 27.51% on a QoQ basis from $40.1 million in Q2 2022.
Primoris Services (PRIM) Other Operating Expenses (2016 - 2022) Analysis & Trends
Primoris Services (PRIM) has reported Other Operating Expenses for 6 consecutive years, with $51.1 million the latest figure, recorded in 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 came in at $51.1 million for Q3 2022 at Primoris Services, up from $40.1 million in the prior quarter.
- The five-year high for Other Operating Expenses was $51.1 million in Q3 2022, with the low at -$13.5 million in Q1 2020.
- Average Other Operating Expenses over 4 years is $24.9 million, with a median of $32.4 million recorded in 2018.
- Across the five-year window, Other Operating Expenses jumped 850.87% in 2018 and slumped 169.22% in 2022, its largest moves.
- Year by year, Other Operating Expenses stood at $32.4 million in 2018, then retreated by 18.66% to $26.4 million in 2020, then increased by 9.5% to $28.9 million in 2021, then surged by 77.01% to $51.1 million in 2022.
- According to Business Quant data, Other Operating Expenses over the past three periods registered $51.1 million, $40.1 million, and -$7.4 million for Q3 2022, Q2 2022, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn |
| 10 | Primoris Services | - | - | 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 |