Primoris Services Corporation Working Capital to Net Assets Ratio
Primoris Services Corporation working capital to net assets ratio. Primoris Services Corporation (PRIM) has a Working Capital to Net Assets ratio of 26.1% as of September 2025. Working capital of $425.08 Million (current assets of $2.57 Billion minus current liabilities of $2.14 Billion) is measured against net assets of $1.63 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check PRIM goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Primoris Services Corporation (2006–2024)
Working capital to net assets ratio of Primoris Services Corporation from 2006 to 2024. This chart shows how Primoris Services Corporation's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 26.1%, reflecting working capital of $425.08 Million against net assets of $1.63 Billion USD. See PRIM defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Primoris Services Corporation Working Capital to Net Assets Ratio by Year (2006–2024)
Primoris Services Corporation working capital to net assets ratio by year from 2006 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Primoris Services Corporation from 2006 to 2024, covering 19 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see PRIM current and non-current assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 34.7% | $488.79 Million | $1.41 Billion | $2.16 Billion | $1.67 Billion | ▼ -9.8 pp |
| 2023 | 44.5% | $550.20 Million | $1.24 Billion | $1.89 Billion | $1.34 Billion | ▼ -6.6 pp |
| 2022 | 51.1% | $566.32 Million | $1.11 Billion | $1.70 Billion | $1.14 Billion | ▲ +8.4 pp |
| 2021 | 42.7% | $422.97 Million | $990.05 Million | $1.18 Billion | $759.12 Million | ▼ -6.4 pp |
| 2020 | 49.1% | $350.85 Million | $714.79 Million | $1.12 Billion | $764.41 Million | ▲ +10.6 pp |
| 2019 | 38.5% | $242.26 Million | $629.53 Million | $912.71 Million | $670.45 Million | ▼ -11.4 pp |
| 2018 | 49.9% | $302.63 Million | $606.98 Million | $924.45 Million | $621.81 Million | ▲ +3.2 pp |
| 2017 | 46.7% | $262.45 Million | $562.18 Million | $743.21 Million | $480.76 Million | ▼ -9.8 pp |
| 2016 | 56.5% | $281.44 Million | $498.57 Million | $731.38 Million | $449.94 Million | ▲ +0.5 pp |
| 2015 | 56.0% | $270.65 Million | $483.46 Million | $686.82 Million | $416.17 Million | ▼ -1.5 pp |
| 2014 | 57.5% | $261.05 Million | $453.79 Million | $680.37 Million | $419.31 Million | ▼ -0.1 pp |
| 2013 | 57.6% | $229.47 Million | $398.45 Million | $659.78 Million | $430.31 Million | ▲ +14.3 pp |
| 2012 | 43.3% | $143.97 Million | $332.64 Million | $564.63 Million | $420.67 Million | ▲ +1.5 pp |
| 2011 | 41.8% | $114.86 Million | $274.93 Million | $459.88 Million | $345.02 Million | ▲ +19.8 pp |
| 2010 | 22.0% | $45.84 Million | $208.23 Million | $427.43 Million | $381.59 Million | ▼ -8.1 pp |
| 2009 | 30.1% | $43.30 Million | $143.96 Million | $285.49 Million | $242.19 Million | ▼ -67.5 pp |
| 2008 | 97.5% | $54.06 Million | $55.43 Million | $222.46 Million | $168.39 Million | ▼ -27.6 pp |
| 2007 | 125.2% | $40.56 Million | $32.41 Million | $41.00 Million | $440.06K | ▲ +0.3 pp |
| 2006 | 124.9% | $40.05 Million | $32.07 Million | $40.50 Million | $455.49K | — |