Primoris Services Corporation
PRIM
#4002
Rank
$2.11 B
Marketcap
$39.64
Share price
0.33%
Change (1 day)
45.10%
Change (1 year)

Operating Margin for Primoris Services Corporation (PRIM)

Operating Margin as of March 2024 (TTM): 3.60%

According to Primoris Services Corporation 's latest financial reports and stock price the company's current Operating Margin is 3.60%. 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
20214.87%2.48%
20204.75%6.98%
20194.44%-1.14%
20184.49%-5.7%
20174.77%64.7%
20162.89%-18.83%
20153.57%-31.62%
20145.21%-19.21%
20136.45%3.94%
20126.21%-11.26%
20117.00%6.5%
20106.57%-38.75%
200910.73%67.85%
20086.39%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
4.38% 21.67%๐Ÿ‡บ๐Ÿ‡ธ USA
8.07% 124.17%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.92%-236.67%๐Ÿ‡บ๐Ÿ‡ธ USA
4.32% 20.00%๐Ÿ‡บ๐Ÿ‡ธ USA
0.44%-87.78%๐Ÿ‡บ๐Ÿ‡ธ USA
3.79% 5.28%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.88%-318.89%๐Ÿ‡บ๐Ÿ‡ธ USA
3.44%-4.44%๐Ÿ‡บ๐Ÿ‡ธ USA
0.97%-73.06%๐Ÿ‡บ๐Ÿ‡ธ 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.