Primoris Services PRIM
NYSE PRIM
$75.33 +2.35 (+3.22%)
At close: Sep 11, 2026 · 4:00 PM EDT

Primoris Services (PRIM) Tax Rate (2010 - 2026)

Primoris Services (PRIM) posted Tax Rate of 33.88% for Q2 2026, up 169.68% on a QoQ basis from 12.56% in Q1 2026, and up 490.0% year-over-year from 5.74% in Q2 2025.

Analysis

Primoris Services (PRIM) Tax Rate (2010 - 2026) Analysis & Trends

Primoris Services has reported Tax Rate for 17 years, with the latest figure at 33.88% in Q2 2026.

  • On a quarterly basis, Tax Rate rose 490.0% year-over-year to 33.88% in Q2 2026; TTM through Jun 2026 was 24.82%, a 421.0% decrease from a year earlier, with the FY2025 full-year figure at 28.27%, down 76.0% from the prior year.
  • Tax Rate was 33.88% for Q2 2026 at Primoris Services, up from 12.56% in the prior quarter.
  • The five-year high for Tax Rate was 33.88% in Q2 2026, with the low at 8.7% in Q4 2022.
  • Average Tax Rate over 5 years is 25.87%, with a median of 28.99% recorded in 2025.
  • The sharpest annual moves came in 2023 and 2026: Tax Rate soared 2029 bps in 2023, then tumbled 1649 bps in 2026.
  • Over 5 years, Tax Rate stood at 8.7% in 2022, then surged by 233 bps to 28.99% in 2023, then grew by 0 bps to 29.1% in 2024, then declined by 6 bps to 27.31% in 2025, then increased by 24 bps to 33.88% in 2026.
  • The last three Tax Rate figures came in at 33.88% (Q2 2026), 12.56% (Q1 2026), and 27.31% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Quanta Services 97.75 Bn 97.35 Bn 1.55 Bn 25.53%
2 Mastec 19.32 Bn 19.12 Bn 556.28 Mn 24.77%
3 IES Holdings 13.78 Bn 13.39 Bn 340.66 Mn 25.04%
4 Dycom Industries 9.22 Bn 8.51 Bn - -
5 Everus Construction 6.09 Bn 5.92 Bn 182.92 Mn 26.73%
6 Myr 4.53 Bn 4.40 Bn 142.67 Mn 25.74%
7 Primoris Services 4.05 Bn 3.84 Bn 82.40 Mn 33.88%
8 Centuri Holdings 2.04 Bn 2.00 Bn 69.14 Mn 50.03%
9 Magnitude International 225.45 Mn 223.35 Mn - -
10 Energy Services of America 211.94 Mn 197.26 Mn 14.32 Mn 21.43%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 33.88%
Mar 31, 2026 12.56%
Dec 31, 2025 27.31%
Sep 30, 2025 27.81%
Jun 30, 2025 28.98%
Mar 31, 2025 29.05%
Dec 31, 2024 29.10%
Sep 30, 2024 29.00%
Jun 30, 2024 29.00%
Mar 31, 2024 29.00%
Dec 31, 2023 28.99%
Sep 30, 2023 29.00%
Jun 30, 2023 29.03%
Mar 31, 2023 28.02%
Dec 31, 2022 8.70%
Sep 30, 2022 18.56%
Jun 30, 2022 20.74%
Mar 31, 2022 27.00%
Dec 31, 2021 10.39%
Sep 30, 2021 27.50%