Primoris Services Corporation (PRIM) Tax Rate: 28.41%
Is Primoris Services Corporation’s tax rate high or low?
Primoris Services Corporation's tax rate of 28.41% is 10% above its 5-year average of 25.77%, near the high end of its 5-year range (16.49%–29.04%).
The tax rate for Primoris Services Corporation (PRIM) is 28.41%. It is below its 12-month average by 1.10% (28.73%).
PRIM Tax Rate Chart
PRIM Average Tax Rate Chart
PRIM Current vs Average Tax Rate Chart
PRIM Tax Rate Metrics
TAX RATE
28.41%
TAX RATE AVG TTM
28.73%
TAX RATE AVG 3Y
25.73%
TAX RATE AVG 5Y
25.77%
TAX RATE AVG 10Y
28.68%
TAX RATE AVG 15Y
31.67%
TAX RATE AVG 20Y
30.19%
CURRENT VS TTM AVG
-1.10%
CURRENT VS 3Y AVG
+10.39%
CURRENT VS 5Y AVG
+10.23%
CURRENT VS 10Y AVG
-0.95%
CURRENT VS 15Y AVG
-10.28%
CURRENT VS 20Y AVG
-5.91%
Primoris Services Corporation Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Primoris Services Corporation Tax Rate FAQ
- What is the tax rate for Primoris Services Corporation (PRIM)?
- The tax rate for PRIM stock is 28.41%.
- Is Primoris Services Corporation's tax rate high or low?
- Primoris Services Corporation's tax rate of 28.41% is 10% above its 5-year average of 25.77%, near the high end of its 5-year range (16.49%–29.04%).
- What is the TTM average tax rate for Primoris Services Corporation (PRIM)?
- The TTM average tax rate for PRIM stock is 28.73%.
- What is the 3Y average tax rate for Primoris Services Corporation (PRIM)?
- The 3Y average tax rate for PRIM stock is 25.73%.
- What is the 5Y average tax rate for Primoris Services Corporation (PRIM)?
- The 5Y average tax rate for PRIM stock is 25.77%.
- What is the 10Y average tax rate for Primoris Services Corporation (PRIM)?
- The 10Y average tax rate for PRIM stock is 28.68%.
- What is the 15Y average tax rate for Primoris Services Corporation (PRIM)?
- The 15Y average tax rate for PRIM stock is 31.67%.
- What is the 20Y average tax rate for Primoris Services Corporation (PRIM)?
- The 20Y average tax rate for PRIM stock is 30.19%.
Primoris Services Corporation Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 28.41% |
| 2024-12-31 | 29.04% |
| 2023-12-31 | 29.00% |
| 2022-12-31 | 16.49% |
| 2021-12-31 | 23.78% |
| 2020-12-31 | 27.92% |
| 2019-12-31 | 28.68% |
| 2018-12-31 | 22.73% |
| 2017-12-31 | 27.01% |
| 2016-12-31 | 43.27% |
| 2015-12-31 | 39.19% |
| 2014-12-31 | 37.77% |
| 2013-12-31 | 37.55% |
| 2012-12-31 | 36.74% |
| 2011-12-31 | 39.46% |
| 2010-12-31 | 39.62% |
| 2009-12-31 | 38.14% |
| 2008-12-31 | 11.70% |
| 2007-12-31 | 17.20% |
Related Metrics
About Primoris Services Corporation
Primoris Services Corporation functions as a prominent specialized contracting firm, offering a wide array of services that include construction, fabrication, upkeep, modernization, and advanced engineering expertise throughout the United States and Canada. The company's operations are divided into three primary divisions: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment focuses on installing and maintaining both new and existing natural gas distribution networks, electrical transmission and distribution systems, and communications infrastructure. Within the Energy/Renewables segment, Primoris delivers comprehensive services such as engineering, procurement, and construction (EPC), alongside major civil projects like highway and bridge construction, demolition, site preparation, mass excavation, and flood control. This segment also provides retrofits, upgrades, repairs, and routine maintenance for industries ranging from renewable energy and energy storage to renewable fuels, petroleum refining, petrochemicals, and state departments of transportation. Finally, the Pipeline Services segment concentrates on the construction, maintenance, and integrity management of pipelines, in addition to installing compressor and pump stations and metering facilities for clients in the petroleum and petrochemical sectors, as well as gas, water, and sewer utility providers. Founded in 1960, Primoris Services Corporation is headquartered in Dallas, Texas.
- Sector
- Industrials
- Industry
- Engineering & Construction
- CEO
- Koti Vadlamudi