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

Primoris Services (PRIM) has reported Tax Rate for 17 consecutive years, with 12.56% the latest figure, recorded in 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 came in at 12.56% for Q1 2026 at Primoris Services, up from 7.71% in the prior quarter.
• The five-year high for Tax Rate was 30.58% in Q4 2024, with the low at 7.71% in Q4 2025.
• Average Tax Rate over 5 years is 23.41%, with a median of 28.02% recorded in 2023.
• Across the five-year window, Tax Rate surged 1732 bps in 2024 and sank 2287 bps in 2025, its largest moves.
• Year by year, Tax Rate 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 slumped by 75 bps to 7.71% in 2025, then jumped by 63 bps to 12.56% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 12.56%, 7.71%, and 27.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.