What is Primoris Services Return-on-Tangible-Equity?
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Primoris Services's annualized net income for the quarter that ended in Mar. 2025 was $177 Mil. Primoris Services's average shareholder tangible equity for the quarter that ended in Mar. 2025 was $365 Mil. Therefore, Primoris Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 48.46%.
The historical rank and industry rank for Primoris Services's Return-on-Tangible-Equity or its related term are showing as below:
PRIM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.1 Med: 25.89 Max: 182.12
Current: 73.02
During the past 13 years, Primoris Services's highest Return-on-Tangible-Equity was 182.12%. The lowest was 8.10%. And the median was 25.89%.
PRIM's Return-on-Tangible-Equity is ranked better than 91.15% of 1672
companies
in the Construction industry
Industry Median: 7.185
vs PRIM: 73.02
Primoris Services Return-on-Tangible-Equity Historical Data
The historical data trend for Primoris Services's Return-on-Tangible-Equity 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.
Competitive Comparison of Primoris Services's Return-on-Tangible-Equity
For the Engineering & Construction subindustry, Primoris Services's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Primoris Services's Return-on-Tangible-Equity Distribution in the Construction Industry
For the Construction industry and Industrials sector, Primoris Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Primoris Services's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Primoris Services Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Primoris Services's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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