Primoris Services Corporation
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $49.6M | $18.9M | $37.7M | $48.1M | $39.0M | $1.3M | $41.5M | $43.0M |
| Depreciation & Amortization | $25.7M | $24.6M | $25.5M | $26.7M | $27.0M | $27.7M | $29.8M | $28.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $5.1M | $5.2M | $5.2M | $5.2M | $5.3M | $6.1M | $7.1M | $6.7M |
| Stock-Based Compensation | $4.0M | $2.4M | $2.8M | $3.6M | $3.0M | $2.4M | $1.7M | $1.8M |
| Net Cash from Operating Activities | $16.1M | $-28.5M | $205.6M | $73.7M | $34.5M | $-115.3M | $185.4M | $-10.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $24.2M | $10.4M | $20.5M | $40.1M | $28.5M | $13.8M | $19.0M | $9.9M |
| Business Acquisitions | — | — | — | — | — | — | $0 | $438.8M |
| Net Cash from Investing Activities | $35.1M | $4.2M | $-4.4M | $-16.0M | $-3.2M | $-6.5M | $3.1M | $-440.6M |
| Financing Activities | ||||||||
| Dividends Paid | $3.2M | $3.2M | $3.2M | $3.2M | $3.2M | $3.2M | $3.2M | $3.2M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-24.0M | $-15.1M | $-145.3M | $-18.9M | $-4.5M | $-36.6M | $-63.3M | $489.2M |
| Net Change in Cash | $29.1M | $-39.7M | $56.9M | $38.2M | $27.9M | $-158.5M | $126.0M | $36.7M |
| Free Cash Flow | $-8.1M | $-38.9M | $185.1M | $33.6M | $6.0M | $-129.2M | $166.4M | $-20.8M |