Primoris Services Stock

Primoris Services Equity 2024

Primoris Services Equity

1.24 B USD

Ticker

PRIM

ISIN

US74164F1030

WKN

A0Q78W

In 2024, Primoris Services's equity was 1.24 B USD, a 11.48% increase from the 1.11 B USD equity 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.

Equity Details

Analyzing Primoris Services's Equity

Primoris Services's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Primoris Services's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Primoris Services's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Primoris Services's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Primoris Services’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Primoris Services stock

What is the equity of Primoris Services this year?

Primoris Services has equity of 1.24 B USD this year.

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

The equity of Primoris Services has increased/decreased by 11.48% increased compared to the previous year.

What impact does a high equity have on investors of Primoris Services?

A high equity is advantageous for investors of Primoris Services as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Primoris Services?

A low equity can be a risk for investors of Primoris Services, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Primoris Services affect the company?

An increase in equity of Primoris Services can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Primoris Services affect the company?

A reduction in equity of Primoris Services can affect the financial situation of the company and lead to a higher dependence on debt capital.

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

Some factors that can affect the equity of Primoris Services include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Primoris Services so important for investors?

The equity of Primoris Services is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

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

To change equity, Primoris Services can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

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 0.46 %. 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 0.46 %.

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 0.51 %.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

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.