Primoris Services Corporation (PRIM) Net Income CAGR:20.36%(TTM)
The net income cagr for Primoris Services Corporation (PRIM) is +20.36% over the latest trailing 12-month period. Net income CAGR uses precomputed financial statement history.
The net income CAGR for Primoris Services Corporation (PRIM) stock is 20.36% over the past 12 months. The 3 year CAGR is 22.19% and the 5 year CAGR is 16.72%.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Net income CAGR shows how Primoris Services Corporation's bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
PRIM Net Income CAGR Chart
Primoris Services Corporation (PRIM)
PRIM Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
PRIM Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $180.89M | $274.90M | +$94.01M | +51.97% | +51.97% |
| 2024 | $126.14M | $180.89M | +$54.74M | +43.40% | +43.40% |
| 2023 | $133.02M | $126.14M | $-6.88M | -5.17% | -5.17% |
| 2022 | $115.74M | $133.02M | +$17.28M | +14.93% | +14.93% |
| 2021 | $104.98M | $115.74M | +$10.76M | +10.25% | +10.25% |
| 2020 | $82.33M | $104.98M | +$22.66M | +27.52% | +27.52% |
| 2019 | $77.46M | $82.33M | +$4.87M | +6.28% | +6.28% |
| 2018 | $72.35M | $77.46M | +$5.11M | +7.06% | +7.06% |
| 2017 | $26.72M | $72.35M | +$45.63M | +170.76% | +170.76% |
| 2016 | $36.87M | $26.72M | $-10.15M | -27.52% | -27.52% |
| 2015 | $63.16M | $36.87M | $-26.28M | -41.62% | -41.62% |
| 2014 | $69.66M | $63.16M | $-6.50M | -9.34% | -9.34% |
| 2013 | $56.76M | $69.66M | +$12.90M | +22.74% | +22.74% |
| 2012 | $58.56M | $56.76M | $-1.80M | -3.08% | -3.08% |
| 2011 | $33.62M | $58.56M | +$24.94M | +74.20% | +74.20% |
| 2010 | $25.91M | $33.62M | +$7.70M | +29.73% | +29.73% |
| 2009 | $36.43M | $25.91M | $-10.52M | -28.88% | -28.88% |
| 2008 | $351.10K | $36.43M | +$36.08M | +10276.76% | +10276.76% |
Quarterly Net Income: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $17.40M | -66.4% | -60.7% |
| Q4 2025 | $51.80M | -45.3% | -4.0% |
| Q3 2025 | $94.62M | +12.2% | +61.9% |
| Q2 2025 | $84.32M | +90.6% | +70.2% |
| Q1 2025 | $44.24M | -18.0% | +133.5% |
| Q4 2024 | $53.97M | -7.6% | +43.3% |
| Q3 2024 | $58.44M | +18.0% | +21.4% |
| Q2 2024 | $49.54M | +161.5% | +26.9% |
| Q1 2024 | $18.94M | -49.7% | +1346.0% |
| Q4 2023 | $37.66M | -21.8% | -9.3% |
| Q3 2023 | $48.14M | +23.3% | +11.9% |
| Q2 2023 | $39.03M | +2879.5% | -22.2% |
| Q1 2023 | $1.31M | -96.8% | +178.3% |
| Q4 2022 | $41.50M | -3.6% | +41.1% |
| Q3 2022 | $43.04M | -14.2% | -2.3% |
| Q2 2022 | $50.15M | +3096.1% | +38.2% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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