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
DateValue
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%