Primoris Services Corp - Company Profile
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Primoris Services Corp (Primoris) is a construction and infrastructure company. Primoris offers construction, engineering, maintenance, replacement, fabrication, water and wastewater treatment services. The company carries out the construction of mechanical facilities and structures such as water and wastewater treatment facilities, power plants, petrochemical facilities, parking structures and refineries. It also offers process and product engineering services. The company provides installation, repair, replacement and rehabilitation services for water and wastewater pipeline systems, refined products, natural gas, and large-diameter gas and liquid pipeline facilities. Primoris serves public utilities, municipalities, energy companies, petrochemical companies, state departments of transportation. The company has operations in the US and Canada. Primoris is headquartered in Dallas, Texas, the US.
Headquarters
United States of America
Address
2300 N. Field Street, Suite 1900, Dallas, Texas, 75201
Website
www.prim.com
Telephone
1 214 7405600
No of Employees
2,509
Industry
Construction
Ticker Symbol & Exchange
PRIM (NYSE)
Revenue (2023)
$4.4B
29.3%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-5.2%
(2023 vs 2022)
Market Cap*
$2.3B
Net Profit Margin (2023)
XYZ
-26.6%
(2023 vs 2022)
* As of and is in US$
Primoris Services Corp premium industry data and analytics
Products and Services
| Services |
|---|
| Infrastructure Construction |
| Engineering |
| Fabrication |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In December, the company inaugurated a new office in Lewisville, Texas, the US. |
| 2023 | Contracts/Agreements | In December, the company secured several awards worth US$800 million secured by its Energy Segment for engineering, procurement, and construction of utility-scale solar projects. |
| 2023 | Contracts/Agreements | In June, the company's Energy Segment received solar projects with a combined estimated value of approximately US$770 million. |
Competitor Comparison
| Key Parameters | Primoris Services Corp | Quanta Services Inc | MasTec Inc | Granite Construction Inc | Sterling Infrastructure Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Dallas | Houston | Coral Gables | Watsonville | The Woodlands |
| State/Province | Texas | Texas | Florida | California | Texas |
| No. of Employees | 2,509 | 52,500 | 37,000 | 2,000 | 3,200 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David L. King | Chairman | Executive Board | 2019 | 69 |
| Thomas E. McCormick | President; Chief Executive Officer; Director | Executive Board | 2019 | 59 |
| Kenneth M. Dodgen | Chief Financial Officer; Executive Vice President | Senior Management | 2018 | 56 |
| John F. Moreno, Jr. | Executive Vice President; Chief Operating Officer | Senior Management | 2019 | 53 |
| Chad Haxton | Chief Information Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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