Primoris Services (PRIM) Tax Rate (2010 - 2026)
Primoris Services (PRIM) recorded quarterly Tax Rate of 12.56% in Q1 2026, up 62.91% quarter-over-quarter from 7.71% in Q4 2025, and down 1649.0% on a YoY basis from 0.81% in Q1 2025.
Primoris Services (PRIM) Tax Rate (2010 - 2026) Analysis & Trends
Primoris Services' Tax Rate history runs 17 years deep, the most recent figure standing at 12.56% for Q1 2026.
- In Q1 2026, Tax Rate fell 1649.0% year-over-year to 12.56%; the TTM figure through Mar 2026 stood at 23.11% (down 624.0% YoY), while the FY2025 annual figure was 24.61%, down 478.0% from the prior year.
- Tax Rate was 12.56% for Q1 2026 at Primoris Services, up from 7.71% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 30.58% in Q4 2024 to a low of 7.71% in Q4 2025.
- Historically, Tax Rate has averaged 23.41% across 5 years, with a median of 28.02% in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 1732 bps in 2024, then plunged 2287 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 8.7% in 2022, then surged by 52 bps to 13.26% in 2023, then soared by 131 bps to 30.58% in 2024, then sank by 75 bps to 7.71% in 2025, then jumped by 63 bps to 12.56% in 2026.
- The last three Tax Rate figures came in at 12.56% (Q1 2026), 7.71% (Q4 2025), and 27.81% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.91 Bn | 103.65 Bn | 1.11 Bn | 9.72% |
| 2 | Comfort Systems Usa | 65.18 Bn | 64.13 Bn | 754.41 Mn | 23.18% |
| 3 | Emcor | 36.65 Bn | 35.73 Bn | 863.95 Mn | 25.50% |
| 4 | Mastec | 28.10 Bn | 27.94 Bn | 477.90 Mn | 23.81% |
| 5 | Sterling Infrastructure | 27.31 Bn | 26.80 Bn | 194.30 Mn | 24.50% |
| 6 | APi | 18.18 Bn | 17.54 Bn | 620.00 Mn | 19.72% |
| 7 | IES Holdings | 14.63 Bn | 14.37 Bn | 254.79 Mn | 25.78% |
| 8 | Jacobs Solutions | 14.18 Bn | 12.80 Bn | 794.89 Mn | 34.52% |
| 9 | Dycom Industries | 13.76 Bn | 13.05 Bn | - | - |
| 10 | Primoris Services | 6.67 Bn | 6.67 Bn | 134.70 Mn | 12.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.56% |
| Mar 31, 2026 | 12.56% |
| Dec 31, 2025 | 7.71% |
| Dec 31, 2025 | 7.71% |
| Sep 30, 2025 | 27.81% |
| Sep 30, 2025 | 27.81% |
| Jun 30, 2025 | 29.00% |
| Jun 30, 2025 | 29.00% |
| Mar 31, 2025 | 29.05% |
| Mar 31, 2025 | 29.05% |
| Dec 31, 2024 | 30.58% |
| Dec 31, 2024 | 30.58% |
| Sep 30, 2024 | 29.00% |
| Sep 30, 2024 | 29.00% |
| Jun 30, 2024 | 29.00% |
| Jun 30, 2024 | 29.00% |
| Mar 31, 2024 | 29.00% |
| Mar 31, 2024 | 29.00% |
| Dec 31, 2023 | 13.26% |
| Dec 31, 2023 | 13.26% |