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Primoris Services PRIM Contract Assets

Contract Assets at other companies

MTZ
MasTecMTZ
$2.28B+50.1%
Dycom Industries logo
Dycom IndustriesDY
$240.13M+135%
EMCOR Group logo
EMCOR GroupEME
$400.54M+15.1%
MYR Group logo
MYR GroupMYRG
$225.05M-35.2%
Quanta Services logo
Quanta ServicesPWR
$1.53B+13.9%
Everus Construction Group logo
Everus Construction GroupECG
$290.16M+18.7%

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$4.32B-27.6%
Enterprise value$5.38B-19.1%
P/E30.9×+6.2×
P/S0.6×-0.3×

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:ContractWithCustomerAssetNetCurrent.

The source filing: Primoris Services’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 4, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-090540

FAQ

What is Primoris Services's contract assets?
Primoris Services (PRIM) reported contract assets of $937.7M in Q2 2026.
How has Primoris Services's contract assets changed year-over-year?
Primoris Services's contract assets increased by 1.8% year-over-year, from $920.67M to $937.7M.
What is the long-term trend for Primoris Services's contract assets?
Over 5 years (2020 to 2025), Primoris Services's contract assets has grown at a 23.5% compound annual growth rate (CAGR), from $325.85M to $936.9M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

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