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
DateValue
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