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Primoris Services (FRA:1PM) Net Margin % : 2.48% (As of Dec. 2023)


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What is Primoris Services Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Primoris Services's Net Income for the three months ended in Dec. 2023 was €35 Mil. Primoris Services's Revenue for the three months ended in Dec. 2023 was €1,390 Mil. Therefore, Primoris Services's net margin for the quarter that ended in Dec. 2023 was 2.48%.

The historical rank and industry rank for Primoris Services's Net Margin % or its related term are showing as below:

FRA:1PM' s Net Margin % Range Over the Past 10 Years
Min: 1.34   Med: 2.83   Max: 3.31
Current: 2.21


FRA:1PM's Net Margin % is ranked worse than
58.51% of 1651 companies
in the Construction industry
Industry Median: 3.18 vs FRA:1PM: 2.21

Primoris Services Net Margin % Historical Data

The historical data trend for Primoris Services's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Primoris Services Net Margin % Chart

Primoris Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 3.01 3.31 3.01 2.21

Primoris Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.12 0.10 2.76 3.15 2.48

Competitive Comparison of Primoris Services's Net Margin %

For the Engineering & Construction subindustry, Primoris Services's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Primoris Services's Net Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Primoris Services's Net Margin % distribution charts can be found below:

* The bar in red indicates where Primoris Services's Net Margin % falls into.



Primoris Services Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Primoris Services's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=115.675/5240.938
=2.21 %

Primoris Services's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=34.533/1389.758
=2.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Primoris Services  (FRA:1PM) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Primoris Services Net Margin % Related Terms

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Primoris Services (FRA:1PM) Business Description

Traded in Other Exchanges
Address
2300 N. Field Street, Suite 1900, Dallas, TX, USA, 75201
Primoris Services Corp is a specialty contractor and infrastructure company in the United States. It has three operating segments. The Utility segment specializes in a range of services, including the installation and maintenance of new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The pipeline segment constructs and maintains pipelines for the petroleum and petrochemical industries. The Energy/Renewables segment includes engineering, procurement, construction, retrofits, highway and bridge construction, demolition, and other services. The Energy/Renewables segment earns the majority of the revenue. Primoris earns most of its revenue in the U.S.

Primoris Services (FRA:1PM) Headlines

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