Primoris Services Corporation

PRIMNYSEIndustrials● Active

$122.82

+$0.98(+0.80%)

Market Cap$6.7B

P/E Ratio—

52W High$205.5

52W Low$70.68

Avg Volume1.5M

Open$120.50

Beta1.38

Free Cash Flow Financials Revenue

Primoris Services Corporation (PRIM) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

PRIM · free cash flow · updated Jun 8, 2026

Core FCF metrics

PRIM · FCF · TTM · margin & CAGR

Free cash flow was $340.5M for FY2025 (fiscal year ending 2025-12-31), down 10.8% year-over-year The FCF margin was 4.5%. Five-year CAGR stands at +6.6%.

FY2025 Free Cash Flow$340.5M▼ -10.8% YoY

Trailing 12M (TTM)$164.5Mtrailing 4 quarters sum

FCF Margin4.5%$340.5M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR+6.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

PRIM · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$470.4M(130M)$340.5M▼ 10.8%4.5%

FY2024$508.3M(127M)$381.8M▲ +299.5%6.0%

FY2023$198.6M(103M)$95.5M▲ +942.3%1.7%

FY2022$83.3M(95M)−$11.3M▲ +79.0%-0.3%

FY2021$79.7M(134M)−$54.1M▼ 121.9%-1.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

PRIM · P/FCF · FCF yield · FCF per share

Primoris Services Corporation (PRIM) trades at a FCF yield of 2.44% and a price-to-free-cash-flow ratio of 40.3x. FCF per share stands at $3.05, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.44%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.05

TTM FCF ÷ Shares Outstanding

Price / FCF

x40.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x44.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

PRIM · cash flow statement · operating / investing / financing

For FY2025, Primoris Services Corporation generated $470.4M in operating cash flow and spent 130M in capital expenditures, yielding $340.5M in free cash flow.

Operating Activities

+$470.4M

Cash from core business operations

2025-12-31

Investing Activities

−$93.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$296.3M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($470.4M) − |CapEx| (130M) = FCF ($340.5M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

PRIM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Primoris Services CorporationYOU

PRIM

$340.5M-10.8%4.5%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Primoris Services Corporation (PRIM) reported free cash flow of $340.5M for FY2025 (fiscal year ending 2025-12-31), down 10.8% year-over-year. The FCF margin was 4.5%.

Based on available data, Primoris Services Corporation has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $381.8M in FY2024. The 5-year CAGR stands at +6.6%.

Primoris Services Corporation's FCF yield is 2.44% and price-to-FCF ratio is 40.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

PRIM free cash flow · 8 questions

Primoris Services Corporation free cash flow was $340.5M for FY2025, down 10.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $164.5M.

PRIM free cash flowPRIM FCFPRIM FCF 2025PRIM free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Primoris Services Corporation · Primoris Services Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026