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Acquisitions at other companies

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Other financials

Income statement

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Revenue$1.7B-10.7%
Gross profit$82.4M-64.4%
Operating income-$26.8M-121%
Net income-$24.2M-129%
EPS (diluted)-$0.45-129%

Balance sheet

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Cash & equivalents$218.2M-44.1%
Total debt$1.3B+19.4%
Total equity$1.6B+4.7%
Total assets$4.6B+2.3%

Cash flow

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Operating cash flow-$8.7M-111%
CapEx$22.5M-32.0%
Free cash flow-$31.2M-169%

Valuation

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Market cap$4.52B-24.2%
Enterprise value$5.59B-16.0%
P/E32.4×+7.6×
P/S0.6×-0.2×

Profitability

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Gross margin8.6%-2.7pp
Operating margin2.9%-2.6pp
Net margin1.9%-1.6pp
FCF margin1.2%-6.0pp

Returns & leverage

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Return on equity8.9%-8.1pp
Debt / equity0.8×+0.1×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Primoris Services in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Primoris Services’s 10-K, filed February 24, 2026.

Filed
Feb 23, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001104659-26-018677
Line itemYear Ended / December 31, 2025Year Ended / December 31, 2024Year Ended / December 31, 2023
Cash flows from investing activities:
Purchase of property and equipment(129.9)(126.5)(103.0)
Proceeds from sale of assets32.599.363.7
Cash paid for acquisitions, net of cash and restricted cash acquired9.3
Proceeds from repayment of note receivable3.5
Net cash used in investing activities(93.9)(27.2)(30.0)
Cash flows from financing activities:
Borrowings under revolving lines of credit440.2

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Primoris Services's acquisitions?
Primoris Services (PRIM) reported acquisitions of -$2.33M in Q4 2023.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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