Primoris Services (PRIM) Short-Term Debt issuances (2018 - 2023)

Primoris Services (PRIM) recorded quarterly Short-Term Debt issuances of -$23000.0 in Q4 2023, down 100.05% quarter-over-quarter from $50.2 million in Q3 2023, and down 100.12% on a YoY basis from $18.6 million in Q4 2022.

Primoris Services (PRIM) Short-Term Debt issuances (2018 - 2023) Analysis & Trends

Primoris Services' Short-Term Debt issuances history runs 5 years deep, the most recent figure standing at -$23000.0 for Q4 2023.

  • In Q4 2023, Short-Term Debt issuances fell 100.12% year-over-year to -$23000.0; the TTM figure through Dec 2023 stood at $440.2 million (up 295.93% YoY), while the FY2023 annual figure was $440.2 million, up 133.45% from the prior year.
  • Short-Term Debt issuances was -$23000.0 for Q4 2023 at Primoris Services, down from $50.2 million in the prior quarter.
  • In the past five years, Short-Term Debt issuances ranged from a high of $315.0 million in Q2 2023 to a low of -$23000.0 in Q4 2023.
  • Historically, Short-Term Debt issuances has averaged $86.4 million across 4 years, with a median of $73.9 million in 2019.
  • Biggest YoY gain for Short-Term Debt issuances was 45.74% in 2023; the steepest drop was 100.12% in 2023.
  • A 4-year view of Short-Term Debt issuances shows it stood at $72.9 million in 2019, then soared by 37.21% to $100.0 million in 2021, then tumbled by 81.38% to $18.6 million in 2022, then plunged by 100.12% to -$23000.0 in 2023.
  • The last three Short-Term Debt issuances figures came in at -$23000.0 (Q4 2023), $50.2 million (Q3 2023), and $315.0 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Short-Term Debt issuances (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
DateValue
Dec 31, 2023 -23,000.00
Dec 31, 2023 -23,000.00
Sep 30, 2023 50.22 Mn
Sep 30, 2023 50.22 Mn
Jun 30, 2023 315.00 Mn
Jun 30, 2023 315.00 Mn
Mar 31, 2023 75.00 Mn
Mar 31, 2023 75.00 Mn
Dec 31, 2022 18.62 Mn
Dec 31, 2022 18.62 Mn
Sep 30, 2022 92.56 Mn
Sep 30, 2022 92.56 Mn
Mar 31, 2021 100.00 Mn
Mar 31, 2021 100.00 Mn
Sep 30, 2019 72.88 Mn
Sep 30, 2019 72.88 Mn
Jun 30, 2019 100.00 Mn
Jun 30, 2019 100.00 Mn
Mar 31, 2019 40.00 Mn
Mar 31, 2019 40.00 Mn