PRIM
IndustrialsPrimoris Services Corporation · Engineering & Construction · $6B
What is Primoris Services Corporation?
Primoris Services Corporation is a specialty contractor operating across the United States and Canada. The company delivers construction, fabrication, maintenance, and engineering services to utilities, energy, and pipeline customers through three focused business segments.
Primoris generates revenue by providing end-to-end infrastructure services across three segments. The Utilities segment installs and maintains natural gas distribution, electric transmission, and communications systems. The Energy/Renewables segment handles engineering, procurement, and construction for renewable energy, energy storage, and petrochemical projects, as well as highway and bridge work. The Pipeline Services segment covers pipeline construction, maintenance, integrity services, and compressor station installation for petroleum, gas, water, and sewer utilities.
Primoris Services Corporation was founded in 2008 and is headquartered in Dallas, Texas.
- Natural gas and electric utility infrastructure installation and maintenance
- Renewable energy and energy storage engineering, procurement, and construction
- Pipeline construction, integrity services, and facility maintenance
- Highway, bridge, and civil construction services
- Compressor and pump station installation for petroleum industries
Is PRIM a Good Stock to Buy?
UQS Score rates PRIM as Good overall, reflecting a balanced profile with notable standout areas.
Growth is the clearest bright spot in PRIM's UQS profile, supported by expanding demand across utility and renewable energy infrastructure. The Risk pillar also rates Good, suggesting the company manages financial and operational exposures reasonably well relative to sector peers. Valuation rounds out the positives, rating Good — meaning the stock does not appear obviously stretched at current levels.
The Moat pillar rates Weak, indicating limited structural competitive advantages that could protect margins over the long run. Quality comes in at Neutral, suggesting room for improvement in underlying business fundamentals.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does PRIM pay dividends?
Yes — Primoris Services Corporation pays a dividend.
Primoris pays a regular dividend, which is relatively uncommon among specialty contractors of its size. The dividend reflects a degree of financial confidence from management, though the company also reinvests meaningfully in project growth and infrastructure expansion. Income-oriented investors may find the dividend a useful complement to the growth profile.
When does PRIM report earnings?
Primoris Services reports earnings on a quarterly cadence, typical for US-listed equities.
The company's Growth pillar rates Strong, suggesting recent operating results have trended positively relative to sector peers. Backlog growth across utility and renewable segments has been a consistent theme in recent reporting periods.
For the most recent quarter's results and guidance, visit Primoris Services Corporation's investor relations page directly.
PRIM Price History
+436.7% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Primoris Services Corporation?
Based on Primoris Services Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
PRIM Long-term Outlook
The fundamental outlook for Primoris is shaped by a Strong Growth pillar and a Good Risk profile. Demand for utility grid modernization and renewable energy buildout provides a durable runway for revenue expansion. The Good Valuation rating suggests the market has not yet fully priced in the growth trajectory, leaving room for continued re-rating. The primary uncertainty stems from the Weak Moat rating, which means competitive pressures in contract bidding could weigh on margin sustainability.
Growth drivers
- Accelerating utility grid modernization and electrification spending across the US
- Expanding renewable energy and energy storage construction demand
- Growing pipeline integrity and maintenance requirements from aging infrastructure
Key risks
- Weak competitive moat increases exposure to margin pressure in contract bidding
- Project execution risk across large, complex infrastructure contracts
- Regulatory or policy shifts affecting energy infrastructure investment timelines
PRIM vs Peers
Primoris operates in a competitive specialty contracting landscape alongside several peers with distinct business focuses.
Argan concentrates primarily on power plant construction, giving it a narrower but more specialized project profile than Primoris's diversified service mix.
Tetra Tech leans heavily into environmental consulting and water infrastructure, differentiating itself through engineering expertise rather than pure construction volume.
Legence focuses on building energy efficiency and mechanical services, targeting commercial real estate rather than utility and pipeline infrastructure.
Frequently Asked Questions
What does Primoris Services Corporation do?
Primoris Services is a specialty contractor that builds and maintains infrastructure across three segments: Utilities, Energy/Renewables, and Pipeline Services. It serves natural gas distributors, electric utilities, renewable energy developers, and petroleum companies across the US and Canada.
Does PRIM pay dividends?
Yes, Primoris Services pays a regular dividend. This is relatively uncommon among mid-cap specialty contractors and signals a degree of financial stability. Investors should check the company's investor relations page for the current dividend rate and payment schedule.
When does PRIM report earnings?
Primoris reports earnings on a quarterly cadence, consistent with US-listed public companies. For exact dates of upcoming earnings releases, refer to the investor relations section of the Primoris Services website.
Is PRIM a good stock to buy?
UQS Score rates PRIM as Good overall. The Growth pillar is Strong and both Risk and Valuation rate Good, which together present a constructive fundamental picture. The Weak Moat and Neutral Quality ratings are worth monitoring. The full pillar breakdown is available to UQS Pro members.
Is PRIM overvalued?
The UQS Valuation pillar for PRIM rates Good, suggesting the stock is not obviously overpriced relative to its fundamentals and sector peers. That said, valuation is one of five pillars — the complete picture requires reviewing all dimensions together.
How does PRIM compare to its competitors?
Compared to peers like Argan, Tetra Tech, and Legence, Primoris stands out for its diversified service mix spanning utilities, renewables, and pipelines. This breadth provides exposure to multiple infrastructure spending themes simultaneously, though it also means competing across more contract categories.
What is PRIM's market cap bracket?
Primoris Services Corporation is classified as a mid-cap company. This places it in a segment of the market that often balances growth potential with greater operational maturity than smaller-cap peers.
Who founded Primoris Services Corporation?
Primoris Services Corporation was founded in 2008 and is headquartered in Dallas, Texas. The company traces its operational roots further back through predecessor businesses, with some legacy operations dating to 1960. Full founding history is publicly available through the company's official disclosures.
Is PRIM a long-term quality indicator?
From a long-term quality standpoint, PRIM's Strong Growth pillar and Good Risk rating are encouraging signals. The Weak Moat rating is the key watch item — durable long-term compounding typically benefits from stronger competitive barriers. UQS Pro members can access the full longitudinal pillar analysis.
What is the main competitive advantage of Primoris Services?
Primoris's primary advantage lies in its diversified service capabilities and established relationships with large utility and energy customers. However, the UQS Moat pillar rates Weak, indicating that structural competitive advantages — such as pricing power or switching costs — are limited relative to sector peers.
What sector does PRIM belong to?
Primoris Services Corporation belongs to the Industrials sector, specifically within specialty contracting and infrastructure services. The company benefits from long-term capital spending trends in utility grid modernization, renewable energy, and pipeline maintenance.
Is PRIM a growth stock or value stock?
PRIM displays characteristics of both. The Growth pillar rates Strong, reflecting meaningful revenue and backlog expansion. The Valuation pillar rates Good rather than Elevated, suggesting the market has not yet assigned a premium growth multiple — a combination that may appeal to growth-at-a-reasonable-price investors.
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Pro Analysis
PRIM — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 16, 2026 | 56.8 | 43.4 | 31.0 | 89.3 | 66.4 | 69.5 | -3.4 |
| May 9, 2026 | 60.2 | 44.5 | 31.0 | 91.0 | 76.6 | 77.2 | 0.0 |
| May 7, 2026 | 60.2 | 49.5 | 31.0 | 95.8 | 61.2 | 78.3 | +2.6 |
| May 6, 2026 | 57.6 | 49.5 | 31.0 | 95.8 | 61.2 | 61.2 | +0.1 |
| May 3, 2026 | 57.5 | 49.5 | 31.0 | 95.0 | 61.2 | 61.0 | -0.2 |
| Apr 26, 2026 | 57.7 | 49.5 | 31.0 | 95.0 | 61.2 | 62.6 | -0.2 |
| Apr 25, 2026 | 57.9 | 49.5 | 31.0 | 95.0 | 61.2 | 63.9 | -0.1 |
| Apr 20, 2026 | 58.0 | 49.5 | 31.0 | 95.3 | 61.2 | 64.0 | 0.0 |
| Apr 19, 2026 | 58.0 | 49.5 | 31.0 | 95.5 | 61.2 | 64.0 | 0.0 |
| Apr 18, 2026 | 58.0 | 49.5 | 31.0 | 95.5 | 61.2 | 64.3 | -0.4 |
PRIM — Pillar Breakdown
Quality
— 43.2/100 (25%)Primoris Services Corporation has average quality metrics, with room for improvement in margins or capital efficiency.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 89.2/100 (20%)Primoris Services Corporation is growing rapidly with strong revenue and earnings expansion.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 66.4/100 (15%)Primoris Services Corporation maintains a reasonable risk profile with manageable debt levels.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 67.6/100 (15%)Primoris Services Corporation trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 31/100 (25%)Primoris Services Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for PRIM.
Score Composition
Financial Data
More Stock Analysis
How is the PRIM UQS Score Calculated?
The UQS (Unified Quality Score) for Primoris Services Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Primoris Services Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Primoris Services Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.