Primoris Services (PRIM) Tax Rate (2010 - 2026)
Primoris Services (PRIM) reported Tax Rate of 33.88% for Q2 2026, up 4.90 percentage points from 28.98% a year earlier and up 21.32 percentage points from the prior quarter.
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Analysis
Primoris Services (PRIM) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Primoris Services' Tax Rate came in at 25.07%, down 3.95 percentage points year-over-year; for FY2025, it came in at 28.41%, down 0.62 percentage points from FY2024.
- Tax Rate has a five-year change of +0.50 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 29.03% in FY2024 (+0.03 pp), 29.00% in FY2023 (+12.51 pp), 16.49% in FY2022 (-7.30 pp) and 23.78% in FY2021 (-4.13 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q2 2017.
- Year over year, Tax Rate gained in three of the last eight quarters, with an average year-over-year change of -1.71 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2023 (a gain of 20.29 percentage points); the low point was Q1 2026 (a drop of 16.49 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.56% (Q1 2026), 28.03% (Q4 2025) and 27.81% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.81 Bn | 87.89 Bn | 1.55 Bn | 25.53% |
| 2 | Ferrovial | 35.40 Bn | 13.65 Bn | - | - |
| 3 | Emcor | 31.21 Bn | 27.60 Bn | 1.02 Bn | 26.82% |
| 4 | Jacobs Solutions | 16.43 Bn | 11.10 Bn | 810.70 Mn | 43.37% |
| 5 | Mastec | 14.65 Bn | 13.43 Bn | 556.28 Mn | 24.77% |
| 6 | Sterling Infrastructure | 12.67 Bn | 10.99 Bn | 289.96 Mn | 23.33% |
| 7 | IES Holdings | 9.64 Bn | 8.50 Bn | 340.66 Mn | 25.04% |
| 8 | Stantec | 7.86 Bn | 6.79 Bn | 1.36 Bn | 24.69% |
| 9 | Aecom | 7.59 Bn | 2.71 Bn | -34.04 Mn | - |
| 10 | Primoris Services | 3.90 Bn | 2.35 Bn | 82.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 12.56% |
| Dec 31, 2025 | 28.03% |
| 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% |
| Dec 31, 2021 | 10.39% |
| Sep 30, 2021 | 27.50% |
| Jun 30, 2021 | 27.25% |
| Mar 31, 2021 | 28.99% |
API Access
Primoris Services Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PRIM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PRIM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PRIM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();