Primoris Services Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $535.5M | $455.8M | $217.8M | $248.7M | $200.5M | $326.7M | $120.3M | $151.1M |
| Accounts Receivable | $723.4M | $834.4M | $112.2M | $663.1M | $471.7M | $432.5M | $404.9M | $372.7M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $2.33B | $2.16B | $1.89B | $1.70B | $1.18B | $1.12B | $912.7M | $924.4M |
| Property, Plant & Equipment | $531.2M | $488.2M | $475.9M | $493.9M | $433.3M | $356.2M | $375.9M | $375.9M |
| Goodwill | $856.9M | $856.9M | $857.7M | $871.8M | $581.7M | $215.1M | $206.2M | $206.2M |
| Intangible Assets (Excl. Goodwill) | $190.2M | $207.9M | $227.6M | $249.4M | $171.3M | $61.0M | $69.8M | $81.2M |
| Total Assets | $4.41B | $4.20B | $3.83B | $3.54B | $2.54B | $1.97B | $1.83B | $1.59B |
| Liabilities | ||||||||
| Accounts Payable | $744.3M | $624.3M | $629.0M | $535.0M | $273.5M | $245.9M | $236.0M | $249.2M |
| Total Current Liabilities | $1.85B | $1.67B | $1.34B | $1.14B | $759.1M | $764.4M | $670.4M | $621.8M |
| Long-Term Debt | $409.0M | $660.2M | $885.4M | $1.07B | $594.2M | $268.8M | $295.6M | $305.7M |
| Total Liabilities | $2.73B | $2.79B | $2.59B | $2.44B | $1.55B | $1.25B | $1.20B | $987.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $1.39B | $1.13B | $961.0M | $847.7M | $727.4M | $624.7M | $531.3M | $461.1M |
| Total Stockholders' Equity | $1.68B | $1.41B | $1.24B | $1.11B | $990.1M | $714.8M | $629.5M | $607.0M |