← Primoris Services Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $27.7m |
$72.4m
+160.97%
|
$77.5m
+7.06%
|
$82.3m
+6.28%
|
$105.0m
+27.51%
|
$115.6m
+10.13%
|
$133.0m
+15.06%
|
$126.1m
-5.17%
|
$180.9m
+43.40%
|
$274.9m
+51.97%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $27.7m | $76.8m | $87.6m | $84.1m | $105.0m | $115.7m | $133.0m | $126.1m | $180.9m | $274.9m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.0m | $4.5m | $10.1m | $1.8m | $9k | $128k | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $61.4m | $57.6m | $67.9m | $74.0m | $82.5m | $105.6m | $99.2m | $107.0m | $95.5m | $91.9m | $102.4m | |
| Amortization of Intangible Assets | $6.6m | $8.7m | $11.3m | $11.4m | $8.8m | $18.3m | $20.9m | $21.8m | $19.6m | $17.7m | — | |
| Depreciation | $61.4m | $57.6m | $67.9m | $74.0m | $73.7m | $87.2m | $78.2m | $85.2m | $75.9m | $74.2m | $102.4m | |
| Deferred Income Tax Expense (Benefit) | $10.9m | $3.1m | $16.5m | $13.9m | ($3.6m) | $25.6m | $14.7m | $29.4m | $4.5m | $14.6m | — | |
| Share-based Payment Arrangement, Noncash Expense | $1.6m | $1.1m | $1.3m | $1.6m | $2.3m | $10.5m | $7.4m | $11.8m | $15.1m | $20.6m | $21.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $1.5m | $572k | — | — | — | $7.5m | $11.8m | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | $11.8m | $15.1m | $20.6m | $21.1m | |
| Goodwill and Intangible Asset Impairment | $2.7m | $477k | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $2.7m | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Other Nonoperating Income (Expense) | ($315k) | $484k | ($808k) | ($3.1m) | $1.2m | $299k | $2.1m | $1.6m | $106k | $1.3m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Payable | $42.9m | ($30.5m) | $32.3m | ($13.9m) | $9.6m | $15.7m | $191.5m | $93.4m | $11.4m | $121.0m | ($185.7m) | |
| Net Cash Provided by (Used in) Operating Activities | $62.6m |
$188.9m
+201.94%
|
$126.8m
-32.88%
|
$118.0m
-6.97%
|
$311.9m
+164.39%
|
$79.7m
-74.43%
|
$83.3m
+4.51%
|
$198.6m
+138.23%
|
$508.3m
+156.01%
|
$470.4m
-7.46%
|
$194.5m
-58.65%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $58.0m | $79.8m | $110.2m | $94.5m | $64.4m | $133.8m | $94.7m | $103.0m | $126.6m | $129.9m | ($106.5m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $4.7m | $4.4m | $3.6m | $11.9m | $8.1m | $15.9m | $31.9m | $48.1m | $44.8m | $21.7m | ($20.8m) | |
| Marketable Securities, Unrealized Gain (Loss) | — | $5.8m | $2.8m | $3.6m | $2.8m | ($4.9m) | ($5.6m) | ($397k) | $1.6m | — | — | |
| Restricted Cash and Investments, Current | $481k | $1.0m | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $110.6m | — | — | $607.0m | $478.4m | ($9.3m) | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($59.4m) | ($131.4m) | ($209.2m) | ($65.9m) | ($42.5m) | ($691.3m) | ($481.9m) | ($30.0m) | ($27.2m) | ($93.9m) | ($466.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $57.7m | $61.8m | $145.7m | $72.1m | $68.9m | $113.9m | $86.8m | $97.0m | $224.5m | $329.3m | ($327.6m) | |
| Proceeds from Issuance of Long-term Debt | $45.0m | $55.0m | $256.0m | $55.0m | $33.9m | $461.7m | $469.5m | $10.0m | — | — | $571.8m | |
| Payments for Repurchase of Common Stock | $5.0m | $5.0m | $20.0m | — | $11.5m | $14.7m | $6.0m | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $11.4m | $11.3m | $12.3m | $12.2m | $11.6m | $12.6m | $12.8m | $12.8m | $12.9m | $17.3m | ($17.4m) | |
| Proceeds from Issuance of Common Stock | $1.4m | $1.1m | $1.5m | $1.8m | $578k | $178.7m | $585k | $681k | — | — | — | |
| Dividends Payable, Current | $2.8m | $3.1m | $3.0m | $2.9m | $2.9m | $3.2m | $3.2m | $3.2m | $4.3m | $4.3m | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($1.2m) | ($784k) | ($3.8m) | ($8.7m) | ($5.9m) | ($6.2m) | $452k | ($400k) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($28.5m) |
($22.9m)
+19.36%
|
$63.9m
+378.65%
|
($83.3m)
-230.26%
|
($62.8m)
+24.57%
|
$485.7m
+873.18%
|
$452.0m
-6.94%
|
($205.3m)
-145.41%
|
($244.4m)
-19.04%
|
($296.3m)
-21.26%
|
$100.0m
+133.75%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($19.3m) | ($30.8m) | $206.5m | ($125.3m) | $53.3m | ($35.4m) | $237.9m | $79.9m | $224.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $151.1m | $120.3m | $326.7m | $205.6m | $259.0m | $223.5m | $461.4m | $541.3m | $224.7m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($924k) | $399k | ($140k) | $456k | ($102k) | $1.3m | $1.2m | ($300k) | ($800k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $8.8m | $8.0m | $16.1m | $16.2m | $17.2m | $22.2m | $37.2m | $82.3m | $61.3m | $22.1m | — | |
| Income Taxes Paid, Net | $8.6m | $26.0m | $14.2m | $16.6m | $26.6m | $39.3m | $3.6m | $5.1m | $65.3m | $86.9m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | $202k | $253k | $688k | ($690k) | $379k | ($95k) | $1.1m | $1.2m | $2.7m | ($100k) | — | |
| Goodwill | $127.2m | $153.4m | $206.2m | $215.1m | $215.1m | $581.7m | $871.8m | $857.6m | $856.9m | $856.9m | — | |
| Income Tax Expense (Benefit) | $21.1m | $28.4m | $25.8m | $33.8m | $40.7m | $36.1m | $26.3m | $51.5m | $74.0m | $109.1m | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | $2.8m | $3.6m | ($2.8m) | $4.9m | $5.6m | $397k | ($1.6m) | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.