Primoris Services Corporation
PRIM
#3556
Rank
$3.01 B
Marketcap
$56.15
Share price
3.20%
Change (1 day)
78.42%
Change (1 year)

Operating Margin for Primoris Services Corporation (PRIM)

Operating Margin as of July 2024 (TTM): 3.44%

According to Primoris Services Corporation 's latest financial reports and stock price the company's current Operating Margin is 3.44%. At the end of 2023 the company had an Operating Margin of 4.48%.

Operating Margin history for Primoris Services Corporation from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.48%-0.31%
20224.49%-7.81%
20214.87%2.71%
20204.74%7.48%
20194.41%-1.83%
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%44.16%
20087.44%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
3.43%-0.29%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.70%-236.63%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.68%-119.77%๐Ÿ‡บ๐Ÿ‡ธ USA
4.76% 38.37%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.38%-169.19%๐Ÿ‡บ๐Ÿ‡ธ USA
3.63% 5.52%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.81%-181.69%๐Ÿ‡บ๐Ÿ‡ธ USA
9.99% 190.41%๐Ÿ‡บ๐Ÿ‡ธ USA
10.19% 196.22%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.