Primoris Services Stock

Primoris Services Debt 2024

Primoris Services Debt

740.49 USD

Ticker

PRIM

ISIN

US74164F1030

WKN

A0Q78W

In 2024, Primoris Services's total debt was 740.49 USD, a -17.24% change from the 894.76 USD total debt recorded in the previous year.

Primoris Services Aktienanalyse

What does Primoris Services do?

Primoris Services Corp was founded in 1960 and has since become a leading company in the construction industry. The company, headquartered in Dallas, Texas, specializes in providing engineering and construction services, as well as inspections and maintenance services. Primoris Services Corp has expertise in a variety of areas, including energy, chemicals, water, electricity, natural gas, infrastructure projects, and telecommunications. The business model of Primoris Services Corp is based on providing engineering and construction services, as well as inspection and maintenance services. The company offers a wide range of services, ranging from planning and consulting to project completion. Primoris Services Corp has a strong presence across the country and in many parts of the world. The company is committed to providing customers with high-quality services that are timely and cost-effective. Primoris Services Corp has various divisions, which are divided into the categories of energy, industrial, infrastructure, and pipeline. In the energy division, the company provides services to energy utilities and industrial customers. These services include site preparation, construction of power lines and facilities, installation of wind turbines, and maintenance work. The industrial division of Primoris Services Corp provides services for the construction of facilities for the chemical and manufacturing industries. In this division, they also offer emission monitoring and control, inspections and maintenance for various facilities, as well as fire protection and remediation services. In the infrastructure division, the company provides services for the public sector, such as the construction of roads, bridges, rail and water infrastructures, airports, and schools. In the pipeline division, Primoris Services Corp offers services to pipeline and natural gas operators, including the construction, maintenance, and repair of pipelines, as well as pipeline technologies. In addition to these different divisions, Primoris Services Corp also offers products. These range from pipelines manufactured for the petrochemical and gas industries, to trench mats and other components needed for pipeline technology. Primoris Services Corp aims to provide its customers with high-quality services at a competitive price. The company is strongly committed to safety, quality, and the environment, and is proud to be a responsible partner in multiple industries. Overall, Primoris Services Corp is a successful company with a wide range of services and products. The company is well positioned to continue growing and strengthen its presence in the market. Primoris Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Primoris Services's Debt Structure

Primoris Services's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Primoris Services's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Primoris Services’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Primoris Services’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Primoris Services stock

What is the debt of Primoris Services this year?

Primoris Services has a debt level of 740.49 USD this year.

What was the debt of Primoris Services compared to the previous year?

The debt of Primoris Services has increased by -17.24% compared to the previous year dropped.

What are the consequences of high debt for investors in Primoris Services?

High debt can pose a risk for investors of Primoris Services, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Primoris Services?

Low debt means that Primoris Services has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Primoris Services affect the company?

An increase in debt of Primoris Services can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Primoris Services affect the company?

A reduction in debt of Primoris Services can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Primoris Services?

Some factors that can influence the debt of Primoris Services include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Primoris Services so important for investors?

The debts of Primoris Services are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Primoris Services take to change the debt?

To change the debt, Primoris Services can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Primoris Services pay?

Over the past 12 months, Primoris Services paid a dividend of 0.24 USD . This corresponds to a dividend yield of about 0.4 %. For the coming 12 months, Primoris Services is expected to pay a dividend of 0.27 USD.

What is the dividend yield of Primoris Services?

The current dividend yield of Primoris Services is 0.4 %.

When does Primoris Services pay dividends?

Primoris Services pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Primoris Services?

Primoris Services paid dividends every year for the past 19 years.

What is the dividend of Primoris Services?

For the upcoming 12 months, dividends amounting to 0.27 USD are expected. This corresponds to a dividend yield of 0.45 %.

In which sector is Primoris Services located?

Primoris Services is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Primoris Services kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Primoris Services from 10/11/2024 amounting to 0.06 USD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Primoris Services pay the last dividend?

The last dividend was paid out on 10/11/2024.

What was the dividend of Primoris Services in the year 2023?

In the year 2023, Primoris Services distributed 0.24 USD as dividends.

In which currency does Primoris Services pay out the dividend?

The dividends of Primoris Services are distributed in USD.

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Andere Kennzahlen von Primoris Services

Our stock analysis for Primoris Services Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Primoris Services Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.