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Primoris Services PRIM Operating Lease Liabilities

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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$4.32B-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:OperatingLeaseLiabilityNoncurrent.

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

Filed
Aug 4, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-090540
Line itemJune 30, 2026December 31, 2025
Current portion of long-term debt45.060.9
Total current liabilities1,831.21,848.5
Long-term debt, net of current portion752.0409.0
Noncurrent operating lease liabilities, net of current portion314.5325.6
Deferred tax liabilities54.571.4
Other long-term liabilities80.372.3
Total liabilities3,032.52,726.8
Commitments and contingencies (See Note 13)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Primoris Services's operating lease liabilities?
Primoris Services (PRIM) reported operating lease liabilities of $314.5M in Q2 2026.
How has Primoris Services's operating lease liabilities changed year-over-year?
Primoris Services's operating lease liabilities decreased by 4.9% year-over-year, from $330.83M to $314.5M.
What is the long-term trend for Primoris Services's operating lease liabilities?
Over 5 years (2020 to 2025), Primoris Services's operating lease liabilities has grown at a 18.7% compound annual growth rate (CAGR), from $137.91M to $325.6M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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