Growth Metrics

Primoris Services (PRIM) Tax Rate (2016 - 2025)

Primoris Services (PRIM) has 16 years of Tax Rate data on record, last reported at 28.92% in Q2 2025.

  • For Q2 2025, Tax Rate fell 8.0% year-over-year to 28.92%; the TTM value through Jun 2025 reached 25.04%, down 396351.0%, while the annual FY2024 figure was 31.3%, 23292.0% down from the prior year.
  • Tax Rate reached 28.92% in Q2 2025 per PRIM's latest filing, roughly flat from 29.0% in the prior quarter.
  • Across five years, Tax Rate topped out at 90.59% in Q1 2023 and bottomed at 9.45% in Q4 2023.
  • Average Tax Rate over 5 years is 28.12%, with a median of 28.99% recorded in 2021.
  • Peak YoY movement for Tax Rate: skyrocketed 6359bps in 2023, then plummeted -6159bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 27.25% in 2021, then plummeted by -68bps to 8.7% in 2022, then plummeted by -209bps to 9.45% in 2023, then soared by 407bps to 29.0% in 2024, then dropped by 0bps to 28.92% in 2025.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 28.92% in Q2 2025, 29.0% in Q1 2025, and 29.0% in Q2 2024.