Primoris Services Corporation
PRIM
$43.66
Share price
1.23%
Change (1 day)
76.48%
Change (1 year)
Categories
Operating Margin for Primoris Services Corporation (PRIM)
Operating Margin as of April 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 |
|---|---|---|
| 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 | 4.38% | 21.67% | 🇺🇸 USA |
 Sterling Construction STRL | 8.07% | 124.17% | 🇺🇸 USA |
 Matrix Service MTRX | -4.92% | -236.67% | 🇺🇸 USA |
 KBR
KBR | 4.32% | 20.00% | 🇺🇸 USA |
 MasTec MTZ | 0.44% | -87.78% | 🇺🇸 USA |
 MYR Group MYRG | 3.79% | 5.28% | 🇺🇸 USA |
 Great Lakes Dredge & Dock Corp. GLDD | -7.88% | -318.89% | 🇺🇸 USA |
 Tutor Perini
TPC | 3.44% | -4.44% | 🇺🇸 USA |
 Fluor Corporation
FLR | 0.97% | -73.06% | 🇺🇸 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.