PRIM (Primoris Services) Interest Expense : $-55 Mil (TTM As of Mar. 2025)

View and export this data going back to 1983. Start your Free Trial

What is Primoris Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Primoris Services's interest expense for the three months ended in Mar. 2025 was $ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was $-55 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Primoris Services's Operating Income for the three months ended in Mar. 2025 was $ 71 Mil. Primoris Services's Interest Expense for the three months ended in Mar. 2025 was $ -8 Mil. Primoris Services's Interest Coverage for the quarter that ended in Mar. 2025 was 9.14. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Primoris Services Interest Expense Historical Data

The historical data trend for Primoris Services's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Primoris Services Interest Expense Chart

Primoris Services Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-19.92

-18.50

-39.21

-78.17

-65.32

Primoris Services Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-17.99	-17.13	-17.86	-12.33	-7.79

Primoris Services Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-55 Mil.

Primoris Services (NYSE:PRIM) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Primoris Services's Interest Expense for the three months ended in Mar. 2025 was $-8 Mil. Its Operating Income for the three months ended in Mar. 2025 was $71 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $864 Mil.

Primoris Services's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	71.156	/	-7.789
	=	9.14

The higher the ratio, the stronger the company's financial strength is.

Primoris Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Primoris Services Corp (NYSE:PRIM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

1PM:Germany 1PM:Germany

Address

2300 N. Field Street, Suite 1900, Dallas, TX, USA, 75201

Website

https://www.prim.com

Primoris Services Corp is a provider of infrastructure services operating mainly in the United States and Canada. It provides a wide range of construction services, maintenance, replacement, fabrication and engineering services to a diversified base of customers. The reportable segments are the Utilities segment and the Energy segment. The Utilities segment operates in a range of services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communication systems. The Energy segment operates in a range of services that include engineering, procurement, and construction, retrofits, highway and bridge construction, demolition, site work, outages, pipeline construction and maintenance, and others.

Executives

Thomas Edward Mccormick	officer: Chief Operating Officer	2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201
Stephen C. Cook	director	7500 SAN FELIPE, STE. 600, HOUSTON TX 77063
Travis L Stricker	officer: Chief Accounting Officer	2103 RESEARCH FOREST DRIVE, THE WOODLANDS TX 77380
David Lee King	officer: Chief Operating Officer	2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201
John Schauerman	director, officer: Chief Financial Officer, other: Member - see remark	26000 COMMERCENTRE DR., LAKE FOREST CA 92630
John M. Perisich	officer: Senior VP and General Counsel, other: Member - see remark	26000 COMMERCENTRE DR., LAKE FOREST CA 92630
Carla S Mashinski	director	8200 S. UNIT DRIVE, TULSA OK 74132
Moreno John F Jr	officer: Chief Operating Officer	C/O PRIMORIS SERVICES CORPORATION, 2300 NORTH FIELD ST, SUITE 1900, DALLAS TX 75201
Michael E. Ching	director	C/O PRIMORIS SERVICES CORPORATION, 2300 N FIELD STREET, SUITE 1900, DALLAS TX 75201
Terry D Mccallister	director	1100 H ST NW, WASHINGTON DC 20080
Jose Ramon Rodriguez	director	PRIMORIS SERVICES CORPORATION, 2300 NORTH FIELD STREET, SUITE 1900, DALLAS TX 75201
Thomas E. Tucker	director	3 UPPER NEWPORT PLAZA DRIVE, NEWPORT BEACH CA 92660
Patricia K Wagner	director	1720 NORTH FIRST STREET, SAN JOSE CA 95020
Kenneth Morris Dodgen	officer: Corporate Controller	2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201
Brian Pratt	director, 10 percent owner, officer: Chairman, CEO & President, other: Member - see remark	5950 BERKSHIRE LANE, SUITE 800, DALLAS TX 75225