Primoris Services (PRIM) Tax Rate (2010 - 2026)
Primoris Services (PRIM) posted quarterly Tax Rate of 12.56% for Q1 2026, down 1649.0% year-over-year from 0.81% in Q1 2025, and down 53.99% quarter-over-quarter from 27.31% in Q4 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 27.23% (up 2039.0% YoY), while the FY2025 annual figure was 28.27%, up 2454.0% from the prior year.
- Tax Rate for Q1 2026 stood at 12.56%, down from 27.31% in the prior quarter.
- The five-year high for Tax Rate was 45.88% in Q4 2023, with the low at 55.61% in Q4 2024.
- The 5-year median for Tax Rate is 28.02% (2023), against an average of 21.41%.
- The sharpest annual moves came in 2024 and 2025: Tax Rate sank 10150 bps in 2024, then jumped 8292 bps in 2025.
- Primoris Services' Tax Rate stood at 8.7% in 2022, then surged by 427 bps to 45.88% in 2023, then slumped by 221 bps to 55.61% in 2024, then surged by 149 bps to 27.31% in 2025, then sank by 54 bps to 12.56% in 2026.
- Business Quant data shows PRIM's Tax Rate at 12.56% in Q1 2026, 27.31% in Q4 2025, and 27.81% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.39 Bn | 95.88 Bn | 1.55 Bn | 25.53% |
| 2 | Comfort Systems Usa | 58.32 Bn | 56.46 Bn | 844.23 Mn | 22.01% |
| 3 | Ferrovial | 45.15 Bn | 40.18 Bn | - | - |
| 4 | Emcor | 34.54 Bn | 33.61 Bn | 1.02 Bn | 26.82% |
| 5 | IES Holdings | 27.27 Bn | 26.88 Bn | 340.66 Mn | 25.04% |
| 6 | Mastec | 20.83 Bn | 20.51 Bn | 556.28 Mn | 24.77% |
| 7 | APi | 17.90 Bn | 17.04 Bn | 703.00 Mn | 28.26% |
| 8 | Jacobs Solutions | 17.64 Bn | 16.47 Bn | 810.70 Mn | 43.37% |
| 9 | Sterling Infrastructure | 15.87 Bn | 15.41 Bn | 289.96 Mn | 23.33% |
| 10 | Primoris Services | 4.18 Bn | 3.96 Bn | 82.40 Mn | 33.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.88% |
| Jun 30, 2026 | 33.88% |
| Jun 30, 2026 | 33.88% |
| Mar 31, 2026 | 12.56% |
| Mar 31, 2026 | 12.56% |
| Mar 31, 2026 | 12.56% |
| Dec 31, 2025 | 27.31% |
| Dec 31, 2025 | 27.31% |
| Dec 31, 2025 | 27.31% |
| Sep 30, 2025 | 27.81% |
| Sep 30, 2025 | 27.81% |
| Sep 30, 2025 | 27.81% |
| Jun 30, 2025 | 29.00% |
| Jun 30, 2025 | 29.00% |
| Jun 30, 2025 | 29.00% |
| Mar 31, 2025 | 29.05% |
| Mar 31, 2025 | 29.05% |
| Mar 31, 2025 | 29.05% |
| Dec 31, 2024 | -55.61% |
| Dec 31, 2024 | -55.61% |