Primoris Services Corporation
PRIM
$23.96
Share price
0.84%
Change (1 day)
-3.66%
Change (1 year)
Categories
Operating Margin for Primoris Services Corporation (PRIM)
Operating Margin as of March 2023 (TTM): 3.69%
According to Primoris Services Corporation 's latest financial reports and stock price the company's current Operating Margin is 3.69%. At the end of 2021 the company had an Operating Margin of 4.87%.
Operating Margin history for Primoris Services Corporation from 2009 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 4.87% | 2.48% |
| 2020 | 4.75% | 6.98% |
| 2019 | 4.44% | -1.14% |
| 2018 | 4.49% | -5.7% |
| 2017 | 4.77% | 64.7% |
| 2016 | 2.89% | -18.83% |
| 2015 | 3.57% | -31.62% |
| 2014 | 5.21% | -19.21% |
| 2013 | 6.45% | 3.94% |
| 2012 | 6.21% | -11.26% |
| 2011 | 7.00% | 6.5% |
| 2010 | 6.57% | -38.75% |
| 2009 | 10.73% | 67.85% |
| 2008 | 6.39% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Quanta Services
PWR | 3.49% | -5.42% | 🇺🇸 USA |
 Sterling Construction STRL | 6.47% | 75.34% | 🇺🇸 USA |
 Matrix Service MTRX | -7.80% | -311.38% | 🇺🇸 USA |
 KBR
KBR | 1.82% | -50.68% | 🇺🇸 USA |
 MasTec MTZ | 5.40% | 46.34% | 🇺🇸 USA |
 MYR Group MYRG | 4.65% | 26.02% | 🇺🇸 USA |
 Great Lakes Dredge & Dock Corp. GLDD | -4.51% | -222.22% | 🇺🇸 USA |
 Tutor Perini
TPC | 3.44% | -6.78% | 🇺🇸 USA |
 Fluor Corporation
FLR | 0.87% | -76.42% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.