Primoris Net Debt from 2010 to 2026

1PM Stock  EUR 124.00  2.00  1.64%   
Primoris Services' Net Debt is increasing over the last several years with slightly volatile swings. Net Debt is estimated to finish at about 457.6 M this year. Net Debt is the total debt of Primoris Services minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2020-06-30
Previous Quarter
212.8 M
Current Value
54.6 M
Quarterly Volatility
313.7 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 Net Debt 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' Net Debt Growth Pattern

Below is the plot of the Net Debt of Primoris Services over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Primoris Services' Net Debt 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.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Primoris Net Debt Regression Statistics

Arithmetic Mean280,594,995
Geometric Mean197,749,935
Coefficient Of Variation88.59
Mean Deviation194,352,347
Median217,094,000
Standard Deviation248,572,282
Sample Variance61788.2T
Range806.3M
R-Value0.71
Mean Square Error32893.6T
R-Squared0.50
Significance0
Slope34,838,817
Total Sum of Squares988610.9T

Primoris Net Debt History

2026457.6 M
2025320.9 M
2024279 M
2023740.5 M
2022894.8 M
2020460.9 M
2019231 M

About Primoris Services Financial Statements

Primoris Services stakeholders use historical fundamental indicators, such as Primoris Services' Net Debt, 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
Net Debt320.9 M457.6 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.