← BackPrimoris Services Corp · Water, Sewer, Pipeline, Comm & Power Line ConstructionPRIM
Low riskNext report: In 6 days (est.)
The short versionA profitable company with shrinking sales. Insiders are buying.
Going well
- Profitable every year for 10 years
- Sales up 19% last year
- Brings in more cash than it spends
Watch out for
- Sales down 11% in the latest quarter vs a year ago
Money moves
- An insider bought $2K of shares with their own money in the last 30 days
- Institutions cut 0.9% from their holdings in the quarter ending June 2026 (239 bought, 327 sold)
- Held by George Soros (Soros Fund)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$66.50+2.3% that day
Latest insider buy: A director bought at $79.98 on Oct 15. The stock is now $66.50, -16.9% since.
- Company value
- $3.6B
- Share price times all shares
- Price vs profit (P/E)
- 26.1x
- You pay about $26 for each $1 of yearly profit
- Price vs sales
- 0.49x
- Company value is 0.49 times a year of sales
- Dividend yield
- 0.5%
- Yearly dividend as a share of today's price
- Cash vs value
- 6%
- Cash as a share of company value
- Debt vs value
- 13%
- Debt as a share of company value
From PRIM's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$1.7B-11% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $7.3B, up 5.1% from the 12 months before. Over 5 years, sales grew about 17% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.17.8%
- PassDebt under half of equityNot relying on borrowed money.0.28x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.3.6%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$340.5M
- MissShare count not growingNot diluting owners. Falling means buybacks.+1.9% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.10.7%
- Revenue
- $7.6B
- +19.0% vs prior year
- 5-year growth
- +16.8%/yr
- revenue, per year
- Total debt
- $469.9M
- 0.28x equity
- Current ratio
- 1.26x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $1.7B
- -10.7% YoY
- EPS
- -$0.45
- vs $1.54
- Op. margin
- -1.6%
- -8.3 pts
- Gross margin
- 4.9%
- -7.4 pts
- Free cash flow
- -$31.2M
- Share count
- -1.5%
- vs a year ago
Insider rating
Last 90 days
50Mixed
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 1.6
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-0.9%Institutions cut 0.9% from their holdings. 239 bought, 327 sold. 2 quarters of net selling in a row.
Shares held by institutions55.1M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+0.3%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.5x · $797.0M debtShares outstandingLatest reported
54MNext reportIn 6 days (est.)Estimated from the same quarter last year
- Results filedAug 4
- Results filedJun 22
- Results filedMay 5
- Results filedFeb 23
- Results filedNov 3, 2025
Insider trades
Open-market buys and sells, last 90 days Bought$2K1 insider
Sold$00 insiders
| Insider | Trade | Shares | Avg price | Value | Owns after | Date |
|---|
Terry D MccallisterDirector | Buy | 22 | $79.98 | $2K | 22K | |
- +0.1% of their holdings
- Filed 1 day after
|
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.