Primoris Services Corporation (PRIM) - Total Assets
Based on the latest financial reports, Primoris Services Corporation (PRIM) holds total assets worth $4.65 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Primoris Services Corporation - Total Assets Trend (2006–2024)
This chart illustrates how Primoris Services Corporation's total assets have evolved over time, based on quarterly financial data. Also see Primoris Services Corporation market cap and net worth for the company's overall valuation and market capitalisation.
Primoris Services Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Primoris Services Corporation's total assets of $4.65 Billion consist of 51.5% current assets and 48.5% non-current assets. Review PRIM current and long-term liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.9% |
| Accounts Receivable | $1.61 Billion | 38.3% |
| Inventory | $49.06 Million | 1.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $207.90 Million | 5.0% |
| Goodwill | $856.87 Million | 20.4% |
Asset Composition Trend (2006–2024)
This chart illustrates how Primoris Services Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See current stock price of Primoris Services Corporation for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Primoris Services Corporation's current assets represent 51.5% of total assets in 2024, a decrease from 100.0% in 2006.
- Cash Position: Cash and equivalents constituted 10.9% of total assets in 2024, up from 1.3% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 38.3% of total assets.
Primoris Services Corporation Competitors by Total Assets
Key competitors of Primoris Services Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ferrovial SE
NASDAQ:FER
|
USA | $27.22 Billion |
|
Samsung Engineering
KO:028050
|
Korea | ₩10.04 Trillion |
|
Suzhou Gold Mantis Construction Decoration Co Ltd
SHE:002081
|
China | CN¥31.50 Billion |
|
Shanghai Luoman Lighting Technologies Inc.
SHG:605289
|
China | CN¥3.07 Billion |
|
LAY-OUT Planning Consultants Co. Ltd.
SHE:300989
|
China | CN¥1.23 Billion |
|
Anhui Gourgen Traffic Construction Co Ltd
SHG:603815
|
China | CN¥10.02 Billion |
|
Beijing Airport High-Tech Park Co Ltd
SHG:600463
|
China | CN¥2.63 Billion |
|
Eche Izquierdo
SN:EISA
|
Chile | CL$552.09 Billion |
Primoris Services Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.20 | 1.38 | 1.46 |
| Quick Ratio | 1.17 | 1.35 | 1.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $425.08 Million | $610.16 Million | $350.85 Million |
Primoris Services Corporation - Advanced Valuation Insights
This section examines the relationship between Primoris Services Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.33 |
| Latest Market Cap to Assets Ratio | 0.98 |
| Asset Growth Rate (YoY) | 9.6% |
| Total Assets | $4.20 Billion |
| Market Capitalization | $4.12 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Primoris Services Corporation's assets close to their book value (0.98x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Primoris Services Corporation's assets grew by 9.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Primoris Services Corporation (2006–2024)
The table below shows the annual total assets of Primoris Services Corporation from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $4.20 Billion | +9.63% |
| 2023-12-31 | $3.83 Billion | +8.00% |
| 2022-12-31 | $3.54 Billion | +39.35% |
| 2021-12-31 | $2.54 Billion | +29.13% |
| 2020-12-31 | $1.97 Billion | +7.60% |
| 2019-12-31 | $1.83 Billion | +14.82% |
| 2018-12-31 | $1.59 Billion | +26.95% |
| 2017-12-31 | $1.26 Billion | +7.26% |
| 2016-12-31 | $1.17 Billion | +3.40% |
| 2015-12-31 | $1.13 Billion | +1.90% |
| 2014-12-31 | $1.11 Billion | +5.76% |
| 2013-12-31 | $1.05 Billion | +12.83% |
| 2012-12-31 | $931.21 Million | +27.84% |
| 2011-12-31 | $728.41 Million | +3.44% |
| 2010-12-31 | $704.22 Million | +47.94% |
| 2009-12-31 | $476.03 Million | +88.74% |
| 2008-12-31 | $252.21 Million | +515.14% |
| 2007-12-31 | $41.00 Million | +1.23% |
| 2006-12-31 | $40.50 Million | -- |
About Primoris Services Corporation
Primoris Services Corporation provides infrastructure services primarily in the United States and Canada. The company operates in two segments, Utilities and Energy. The Utilities segment offers installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment provides engineering, procurement, c… Read more