Primoris Services Stock

Primoris Services ROA 2024

Primoris Services ROA

0.03

Ticker

PRIM

ISIN

US74164F1030

WKN

A0Q78W

In 2024, Primoris Services's return on assets (ROA) was 0.03, a -12.19% increase from the 0.04 ROA 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.

ROA Details

Understanding Primoris Services's Return on Assets (ROA)

Primoris Services's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Primoris Services's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Primoris Services's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Primoris Services’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Primoris Services stock

What is the Return on Assets (ROA) of Primoris Services this year?

The Return on Assets (ROA) of Primoris Services is 0.03 undefined this year.

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

The ROA of Primoris Services has increased by -12.19% compared to the previous year.

What consequences do high ROA have for investors of Primoris Services?

A high ROA is advantageous for investors of Primoris Services, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Primoris Services?

A low ROA can be unfavorable for investors of Primoris Services as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

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

An increase in ROA of Primoris Services can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Primoris Services impact the company?

A reduction in the ROA of Primoris Services can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Primoris Services?

Some factors that can influence the ROA of Primoris Services include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Primoris Services important for investors?

The ROA of Primoris Services is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Primoris Services take to improve ROA?

To improve ROA, Primoris Services can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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.