Primoris Services Corp (PRIM) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Primoris Services Corp Do?
Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation. The Pipeline Services segment offers a range of services comprising pipeline construction, maintenance, facility, and integrity services; installation of compressor and pump stations; and metering facilities for entities in the petroleum and petrochemical industries, as well as gas, water, and sewer utilities. The company was founded in 1960 and is headquartered in Dallas, Texas. Primoris Services Corp (PRIM) is classified as a mid-cap stock in the Industrials sector, specifically within the Construction industry. The company is led by CEO Thomas E. McCormick and employs approximately 12,800 people, headquartered in Wilmington, Texas. With a market capitalization of $8.2B, PRIM is one of the notable companies in the Industrials sector.
Primoris Services Corp (PRIM) Stock Rating — Hold (April 2026)
As of April 2026, Primoris Services Corp receives a Hold rating with a composite score of 48.2/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.PRIM ranks #1,498 out of 4,446 stocks in our coverage universe. Within the Industrials sector, Primoris Services Corp ranks #234 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
PRIM Stock Price and 52-Week Range
Primoris Services Corp (PRIM) currently trades at $161.14. The stock lost $2.57 (1.6%) in the most recent trading session. The 52-week high for PRIM is $174.43, which means the stock is currently trading -7.6% from its annual peak. The 52-week low is $49.10, putting the stock 228.2% above its annual trough. Recent trading volume was 609K shares, suggesting relatively thin trading activity.
Is PRIM Overvalued or Undervalued? — Valuation Analysis
Primoris Services Corp (PRIM) carries a value factor score of 45/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 28.68x, compared to the Industrials sector average of 28.33x — a premium of 1%. The price-to-book ratio stands at 4.96x, versus the sector average of 2.23x. The price-to-sales ratio is 1.10x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, PRIM trades at 19.75x EV/EBITDA, versus 5.70x for the sector. The EV/EBIT multiple is 19.75x.
Overall, PRIM's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
Primoris Services Corp Profitability — ROE, Margins, and Quality Score
Primoris Services Corp (PRIM) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 17.3%, compared to the Industrials sector average of 8.9%, which is within a healthy range. Return on assets (ROA) comes in at 6.1% versus the sector average of 3.3%.
On a margin basis, Primoris Services Corp reports gross margins of 11.4%, compared to 35.8% for the sector. The operating margin is 5.8% (sector: 6.2%). Net profit margin stands at 3.8%, versus 3.9% for the average Industrials stock. Revenue growth is running at 39.3% on a trailing basis, compared to 6.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
PRIM Debt, Balance Sheet, and Financial Health
Primoris Services Corp has a debt-to-equity ratio of 30.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 1.20x, suggesting adequate working capital coverage. Total debt on the balance sheet is $486M. Cash and equivalents stand at $431M.
PRIM has a beta of 1.62, meaning it is more volatile than the broader market — a $10,000 investment in PRIM would be expected to move 61.5% more than the S&P 500 on any given day. The stability factor score for Primoris Services Corp is 53/100, reflecting average volatility within the normal range for its sector.
Primoris Services Corp Revenue and Earnings History — Quarterly Trend
In TTM 2026, Primoris Services Corp reported revenue of $7.37B and earnings per share (EPS) of $1.75. Net income for the quarter was $282M. Gross margin was 11.4%. Operating income came in at $434M.
In Q3 2025, Primoris Services Corp reported revenue of $2.18B and earnings per share (EPS) of $1.75. Net income for the quarter was $95M. Gross margin was 10.8%. Revenue grew 32.1% year-over-year compared to Q3 2024. Operating income came in at $137M.
In Q2 2025, Primoris Services Corp reported revenue of $1.89B and earnings per share (EPS) of $1.56. Net income for the quarter was $84M. Gross margin was 12.3%. Revenue grew 20.9% year-over-year compared to Q2 2024. Operating income came in at $127M.
In Q1 2025, Primoris Services Corp reported revenue of $1.65B and earnings per share (EPS) of $0.82. Net income for the quarter was $44M. Gross margin was 10.3%. Revenue grew 16.7% year-over-year compared to Q1 2024. Operating income came in at $70M.
Over the past 8 quarters, Primoris Services Corp has demonstrated a growth trajectory, with revenue expanding from $1.41B to $7.37B. Investors analyzing PRIM stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
PRIM Dividend Yield and Income Analysis
Primoris Services Corp (PRIM) currently pays a dividend yield of 0.2%. At this yield, a $10,000 investment in PRIM stock would generate approximately $$23.00 in annual dividend income.
PRIM Momentum and Technical Analysis Profile
Primoris Services Corp (PRIM) has a momentum factor score of 67/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 23/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 22/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
PRIM vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, Primoris Services Corp (PRIM) ranks #234 out of 752 stocks based on the Blank Capital composite score. This places PRIM in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing PRIM against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full PRIM vs S&P 500 (SPY) comparison to assess how Primoris Services Corp stacks up against the broader market across all factor dimensions.
PRIM Next Earnings Date
No upcoming earnings date has been announced for Primoris Services Corp (PRIM) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy PRIM? — Investment Thesis Summary
Primoris Services Corp presents a balanced picture with arguments on both sides. Price momentum is positive at 67/100, suggesting the trend favors buyers.
In summary, Primoris Services Corp (PRIM) earns a Hold rating with a composite score of 48.2/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on PRIM stock.
Related Resources for PRIM Investors
Explore more research and tools: PRIM vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare PRIM head-to-head with peers: PRIM vs SOBO, PRIM vs TEN, PRIM vs GLDD.