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Primoris Services

Primoris Services

Backlog (Utilities)

$774 M

FY, 2019

Revenue

$3.5 B

FY, 2021

Market Capitalization

$1.1 B

2022-11-18

Primoris Services Summary

Company summary

Overview
Primoris Services is a provider of specialty contracting services. It operates through five segments: Power, Industrial, and Engineering (Power), Pipeline and Underground (Pipeline), Utilities and Distribution (Utilities), Transmission and Distribution (Transmission), and Civil. The Power segment specializes in engineering, procurement, and construction, retrofits, upgrades, repairs, outages, and maintenance services. The Pipeline segment offers pipeline construction and maintenance, pipeline facility and integrity services, installation of compressor and pump stations, and metering facilities. The Utilities segment deals with the installation and maintenance of new and existing natural gas utility distribution systems and pipeline integrity services. The Transmission segment specializes in the installation and maintenance of new and existing electric utility transmission, substation, and distribution systems. The Civil segment offers highway and bridge construction, airport runway construction, demolition, site work, soil stabilization, mass excavation, flood control, and drainage projects.
Type
Public
Status
Active
Founded
2004
HQ
Dallas, TX, US | view all locations
Website
https://www.primoriscorp.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key people

  • Tom McCormick

    Tom McCormick, Chief Executive Officer, President

  • Ken Dodgen

    Ken Dodgen, Executive Vice President, Chief Financial Officer

  • John Moreno

    John Moreno, Chief Operating Officer

  • John M. Perisich

    John M. Perisich, Executive Vice President, Chief Legal Officer, and Secretary

Operating MetricsView all

Backlog (Pipeline)

$862.3M
22.7%

FY, 2019

Construction Projects Ongoing

4

FY, 2019

Backlog (Power)

$515.4M
40.4%

FY, 2019

LocationsView all

10 locations detected

  • Dallas, TX HQ

    United States

    2300 N Field St #1900

  • Aurora, CO

    United States

    3800 Lewiston St #300

  • Baton Rouge, LA

    United States

    18484 E Petroleum Dr

  • Beaumont, TX

    United States

    9025 Blewett Rd

  • Dade City, FL

    United States

    10518 US-301

  • Fort Worth, TX

    United States

    115 W 7th St #1410Fort

and 4 others

Primoris Services Financials

Summary financials

Revenue (Q2, 2022)
$1.0B
Gross profit (Q2, 2022)
$92.1M
Net income (Q2, 2022)
$50.2M
Cash (Q2, 2022)
$91.3M
EBIT (Q2, 2022)
$67.3M
Enterprise value
$2.3B

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