Primoris Services (PRIM) Tax Rate: 2009-2024
Historic Tax Rate for Primoris Services (PRIM) over the last 16 years, with Dec 2024 value amounting to 29.04%.
- Primoris Services' Tax Rate fell 119.00% to 27.81% in Q3 2025 from the same period last year, while for Sep 2025 it was 28.62%, marking a year-over-year decrease of 38.00%. This contributed to the annual value of 29.04% for FY2024, which is 4.00% up from last year.
- Per Primoris Services' latest filing, its Tax Rate stood at 29.04% for FY2024, which was up 0.14% from 29.00% recorded in FY2023.
- Primoris Services' Tax Rate's 5-year high stood at 31.40% during FY2020, with a 5-year trough of 16.49% in FY2022.
- Over the past 3 years, Primoris Services' median Tax Rate value was 29.00% (recorded in 2023), while the average stood at 24.84%.
- Its Tax Rate has fluctuated over the past 5 years, first slumped by 762bps in 2021, then spiked by 1,251bps in 2023.
- Over the past 5 years, Primoris Services' Tax Rate (Yearly) stood at 31.40% in 2020, then crashed by 762bps to 23.78% in 2021, then slumped by 730bps to 16.49% in 2022, then spiked by 1,251bps to 29.00% in 2023, then grew by 4bps to 29.04% in 2024.