Primoris Services Corporation
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.94B | $2.38B | $2.00B | — | — | — | — | — |
| Cost of Revenue | $2.61B | $2.10B | — | — | — | — | — | — |
| Gross Profit | $325.7M | $278.4M | $201.3M | $219.9M | $236.0M | $256.0M | $192.7M | $185.2M |
| Gross Margin | 11.1% | 11.7% | 10.1% | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $182.0M | $170.4M | $140.0M | $151.7M | $132.2M | $130.8M | $96.4M | $86.2M |
| Operating Income | $130.5M | $106.3M | $57.7M | $67.8M | $103.8M | $125.2M | $96.3M | $99.0M |
| Operating Margin | 4.4% | 4.5% | 2.9% | — | — | — | — | — |
| Interest Expense | $18.7M | $8.1M | $8.9M | $7.7M | $6.4M | $5.9M | $3.6M | $5.4M |
| Pretax Income | $113.4M | $105.3M | $48.9M | $61.1M | $102.3M | $119.6M | $92.1M | $96.7M |
| Income Tax Expense | $25.8M | $28.4M | $21.1M | $23.9M | $38.6M | $44.9M | $33.8M | $38.2M |
| Net Income | $77.5M | $72.4M | $26.7M | $36.9M | $63.7M | $74.7M | $58.3M | $58.6M |
| Net Margin | 2.6% | 3.0% | 1.3% | — | — | — | — | — |
| EPS (Basic) | $1.51 | $1.41 | $0.52 | $0.71 | $1.22 | $1.35 | $1.10 | $1.15 |
| EPS (Diluted) | $1.50 | $1.40 | $0.51 | $0.71 | $1.22 | $1.35 | $1.10 | $1.14 |
| Shares Outstanding (Basic) | 51.4M | 51.5M | 51.8M | 51.6M | 51.6M | 51.5M | 51.4M | 50.7M |
| Shares Outstanding (Diluted) | 51.7M | 51.7M | 52.0M | 51.8M | 51.7M | 51.6M | 51.4M | 51.2M |
| Dividends Per Share | $0.24 | $0.23 | $0.22 | $0.21 | $0.15 | $0.14 | $0.12 | $0.11 |