Primoris Interest Expense from 2010 to 2026

1PM Stock  EUR 124.00  2.00  1.64%   
Primoris Services' Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is estimated to finish at about 78.9 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2016-12-31
Previous Quarter
7.6 M
Current Value
M
Quarterly Volatility
6.3 M
 
Covid
 
Interest Hikes
Check Primoris Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primoris Services' main balance sheet or income statement drivers, such as Interest Expense of 78.9 M, Selling General Administrative of 239.3 M or Total Revenue of 3.8 B, as well as many indicators such as . Primoris financial statements analysis is a perfect complement when working with Primoris Services Valuation or Volatility modules.
  
This module can also supplement various Primoris Services Technical models . Check out the analysis of Primoris Services Correlation against competitors.
For more detail on how to invest in Primoris Stock please use our How to Invest in Primoris Services guide.
The Interest Expense trend for Primoris Services offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Primoris Services is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Primoris Services' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Primoris Services over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Primoris Services' Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primoris Services' overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Primoris Interest Expense Regression Statistics

Arithmetic Mean24,371,654
Geometric Mean0.00
Coefficient Of Variation126.42
Mean Deviation25,272,923
Median18,498,000
Standard Deviation30,810,139
Sample Variance949.3T
Range78.9M
R-Value0.89
Mean Square Error212.7T
R-Squared0.79
Slope5,422,820
Total Sum of Squares15188.2T

Primoris Interest Expense History

202678.9 M
202575.1 M
202465.3 M
202378.2 M
202239.2 M
202118.5 M
202020.3 M

About Primoris Services Financial Statements

Primoris Services stakeholders use historical fundamental indicators, such as Primoris Services' Interest Expense, to determine how well the company is positioned to perform in the future. Although Primoris Services investors may analyze each financial statement separately, they are all interrelated. For example, changes in Primoris Services' assets and liabilities are reflected in the revenues and expenses on Primoris Services' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Primoris Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense75.1 M78.9 M

Currently Active Assets on Macroaxis

When determining whether Primoris Services is a strong investment it is important to analyze Primoris Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Primoris Services' future performance. For an informed investment choice regarding Primoris Stock, refer to the following important reports:
Check out the analysis of Primoris Services Correlation against competitors.
For more detail on how to invest in Primoris Stock please use our How to Invest in Primoris Services guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Understanding that Primoris Services' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Primoris Services represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Primoris Services' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.