Primoris Services Stock Retained Earnings

PRIM Stock

USD 54.67 1.44 2.71%

Primoris Services fundamentals help investors to digest information that contributes to Primoris Services' financial success or failures. It also enables traders to predict the movement of Primoris Stock. The fundamental analysis module provides a way to measure Primoris Services' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Primoris Services stock.

	Last Reported	Projected for Next Year
Retained Earnings	961 M	1 B
Retained Earnings Total Equity	836.5 M	429.9 M

As of the 25th of May 2024, Retained Earnings is likely to grow to about 1 B, while Retained Earnings Total Equity is likely to drop about 429.9 M.

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Primoris Services Company Retained Earnings Analysis

Primoris Services' Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current Primoris Services Retained Earnings

961.03 M

Most of Primoris Services' fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Primoris Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Primoris Retained Earnings Driver Correlations

Understanding the fundamental principles of building solid financial models for Primoris Services is extremely important. It helps to project a fair market value of Primoris Stock properly, considering its historical fundamentals such as Retained Earnings. Since Primoris Services' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Primoris Services' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Primoris Services' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Common Stock	Net Receivables	Good Will	Short Term Debt	Intangible Assets	Current Deferred Revenue	Accounts Payable	Short Term Investments	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Property Plant Equipment	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.96	0.98	1.0	0.99	0.62	0.99	0.97	0.62	0.97	0.94	0.96	0.43	-0.57	0.96	0.97	0.6	0.8	0.73	0.98	0.78	0.89	0.89	0.87
Total Stockholder Equity	0.99		0.93	0.99	0.98	0.99	0.66	0.98	0.95	0.6	0.94	0.94	0.91	0.5	-0.48	0.94	0.97	0.6	0.77	0.7	0.98	0.77	0.87	0.86	0.85
Net Debt	0.96	0.93		0.91	0.97	0.93	0.48	0.95	0.98	0.67	0.97	0.83	0.97	0.36	-0.73	0.97	0.95	0.66	0.89	0.75	0.92	0.83	0.92	0.89	0.91
Retained Earnings	0.98	0.99	0.91		0.97	0.98	0.62	0.98	0.93	0.56	0.92	0.95	0.91	0.53	-0.42	0.92	0.96	0.53	0.73	0.69	0.99	0.73	0.85	0.84	0.82
Total Liab	1.0	0.98	0.97	0.97		0.99	0.59	0.99	0.97	0.63	0.97	0.93	0.97	0.39	-0.61	0.97	0.96	0.59	0.82	0.74	0.97	0.77	0.9	0.89	0.87
Total Current Assets	0.99	0.99	0.93	0.98	0.99		0.65	0.99	0.95	0.63	0.94	0.96	0.94	0.45	-0.53	0.94	0.95	0.56	0.75	0.74	0.97	0.75	0.86	0.86	0.84
Common Stock	0.62	0.66	0.48	0.62	0.59	0.65		0.56	0.53	0.47	0.56	0.67	0.43	0.48	-0.11	0.52	0.56	0.47	0.31	0.39	0.54	0.46	0.52	0.5	0.5
Net Receivables	0.99	0.98	0.95	0.98	0.99	0.99	0.56		0.95	0.61	0.94	0.93	0.97	0.45	-0.54	0.94	0.96	0.56	0.77	0.77	0.98	0.77	0.86	0.86	0.86
Good Will	0.97	0.95	0.98	0.93	0.97	0.95	0.53	0.95		0.62	0.99	0.86	0.96	0.33	-0.72	0.99	0.97	0.72	0.89	0.71	0.94	0.85	0.94	0.93	0.93
Short Term Debt	0.62	0.6	0.67	0.56	0.63	0.63	0.47	0.61	0.62		0.59	0.52	0.64	0.29	-0.57	0.54	0.55	0.39	0.61	0.69	0.55	0.48	0.5	0.5	0.62
Intangible Assets	0.97	0.94	0.97	0.92	0.97	0.94	0.56	0.94	0.99	0.59		0.86	0.94	0.31	-0.71	0.99	0.97	0.72	0.88	0.67	0.93	0.86	0.95	0.93	0.91
Current Deferred Revenue	0.94	0.94	0.83	0.95	0.93	0.96	0.67	0.93	0.86	0.52	0.86		0.87	0.37	-0.4	0.85	0.9	0.45	0.67	0.73	0.94	0.6	0.76	0.77	0.76
Accounts Payable	0.96	0.91	0.97	0.91	0.97	0.94	0.43	0.97	0.96	0.64	0.94	0.87		0.29	-0.72	0.95	0.92	0.59	0.84	0.81	0.93	0.78	0.88	0.88	0.88
Short Term Investments	0.43	0.5	0.36	0.53	0.39	0.45	0.48	0.45	0.33	0.29	0.31	0.37	0.29		0.22	0.37	0.42	0.26	0.09	0.22	0.47	0.36	0.37	0.36	0.32
Net Tangible Assets	-0.57	-0.48	-0.73	-0.42	-0.61	-0.53	-0.11	-0.54	-0.72	-0.57	-0.71	-0.4	-0.72	0.22		-0.69	-0.57	-0.67	-0.82	-0.61	-0.48	-0.66	-0.7	-0.68	-0.74
Long Term Debt	0.96	0.94	0.97	0.92	0.97	0.94	0.52	0.94	0.99	0.54	0.99	0.85	0.95	0.37	-0.69		0.96	0.71	0.84	0.65	0.93	0.86	0.95	0.94	0.89
Long Term Debt Total	0.97	0.97	0.95	0.96	0.96	0.95	0.56	0.96	0.97	0.55	0.97	0.9	0.92	0.42	-0.57	0.96		0.68	0.84	0.71	0.96	0.8	0.9	0.88	0.9
Capital Surpluse	0.6	0.6	0.66	0.53	0.59	0.56	0.47	0.56	0.72	0.39	0.72	0.45	0.59	0.26	-0.67	0.71	0.68		0.72	0.53	0.55	0.81	0.82	0.8	0.85
Deferred Long Term Liab	0.8	0.77	0.89	0.73	0.82	0.75	0.31	0.77	0.89	0.61	0.88	0.67	0.84	0.09	-0.82	0.84	0.84	0.72		0.68	0.77	0.73	0.85	0.82	0.9
Long Term Investments	0.73	0.7	0.75	0.69	0.74	0.74	0.39	0.77	0.71	0.69	0.67	0.73	0.81	0.22	-0.61	0.65	0.71	0.53	0.68		0.71	0.53	0.63	0.63	0.82
Property Plant Equipment	0.98	0.98	0.92	0.99	0.97	0.97	0.54	0.98	0.94	0.55	0.93	0.94	0.93	0.47	-0.48	0.93	0.96	0.55	0.77	0.71		0.71	0.87	0.88	0.85
Short Long Term Debt	0.78	0.77	0.83	0.73	0.77	0.75	0.46	0.77	0.85	0.48	0.86	0.6	0.78	0.36	-0.66	0.86	0.8	0.81	0.73	0.53	0.71		0.85	0.82	0.81
Net Invested Capital	0.89	0.87	0.92	0.85	0.9	0.86	0.52	0.86	0.94	0.5	0.95	0.76	0.88	0.37	-0.7	0.95	0.9	0.82	0.85	0.63	0.87	0.85		0.98	0.93
Net Working Capital	0.89	0.86	0.89	0.84	0.89	0.86	0.5	0.86	0.93	0.5	0.93	0.77	0.88	0.36	-0.68	0.94	0.88	0.8	0.82	0.63	0.88	0.82	0.98		0.92
Capital Stock	0.87	0.85	0.91	0.82	0.87	0.84	0.5	0.86	0.93	0.62	0.91	0.76	0.88	0.32	-0.74	0.89	0.9	0.85	0.9	0.82	0.85	0.81	0.93	0.92

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Primoris Retained Earnings Historical Pattern

Today, most investors in Primoris Services Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Primoris Services' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's retained earnings growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Primoris Services retained earnings as a starting point in their analysis.

Primoris Services Retained Earnings

Timeline

Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.

Competition

Predict Primoris Services

Retained Earnings Over Time

Based on the latest financial disclosure, Primoris Services has a Retained Earnings of 961.03 M. This is 90.72% lower than that of the Construction & Engineering sector and 68.37% higher than that of the Industrials industry. The retained earnings for all United States stocks is 89.7% higher than that of the company.

Primoris Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Primoris Services' direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Primoris Services could also be used in its relative valuation, which is a method of valuing Primoris Services by comparing valuation metrics of similar companies.

Primoris Services is currently under evaluation in retained earnings category among related companies.

Primoris Services ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Primoris Services' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Primoris Services' managers, analysts, and investors.

Environmental

Governance

Social

Primoris Fundamentals

	Return On Equity	0.12
	Return On Asset	0.0471
	Profit Margin	0.02 %
	Operating Margin	0.03 %
	Current Valuation	4.01 B
	Shares Outstanding	53.64 M
	Shares Owned By Insiders	1.32 %
	Shares Owned By Institutions	95.04 %
	Number Of Shares Shorted	879.05 K
	Price To Earning	9.88 X
	Price To Book	1.97 X
	Price To Sales	0.43 X
	Revenue	5.72 B
	Gross Profit	456.88 M
	EBITDA	367.4 M
	Net Income	126.14 M
	Cash And Equivalents	91.25 M
	Cash Per Share	1.72 X
	Total Debt	1.32 B
	Debt To Equity	0.81 %
	Current Ratio	1.48 X
	Book Value Per Share	23.30 X
	Cash Flow From Operations	198.55 M
	Short Ratio	1.97 X
	Earnings Per Share	2.66 X
	Price To Earnings To Growth	0.80 X
	Target Price	58.83
	Number Of Employees	14.06 K
	Beta	1.15
	Market Capitalization	2.86 B
	Total Asset	3.83 B
	Retained Earnings	961.03 M
	Working Capital	550.2 M
	Current Asset	686.82 M
	Current Liabilities	416.17 M
	Annual Yield	0 %
	Five Year Return	1.05 %
	Net Asset	3.83 B
	Last Dividend Paid	0.24

About Primoris Services Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Primoris Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primoris Services using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primoris Services based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Primoris Services is a strong investment it is important to analyze Primoris Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Primoris Services' future performance. For an informed investment choice regarding Primoris Stock, refer to the following important reports:

How To Invest In Primoris

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Is Primoris Stock a good investment?

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What is Primoris Services' Net Worth?

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Largest Construction & Engineering Companies

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Largest Engineering & Construction Companies

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Check out Primoris Services Piotroski F Score and Primoris Services Altman Z Score analysis.

To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.

You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Primoris Stock analysis

When running Primoris Services' price analysis, check to measure Primoris Services' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Primoris Services is operating at the current time. Most of Primoris Services' value examination focuses on studying past and present price action to predict the probability of Primoris Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primoris Services' price. Additionally, you may evaluate how the addition of Primoris Services to your portfolios can decrease your overall portfolio volatility.

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Is Primoris Services' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primoris Services. If investors know Primoris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primoris Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

16.5

Dividend Share

0.24

Earnings Share

2.66

Revenue Per Share

110.001

Quarterly Revenue Growth

0.124

The market value of Primoris Services is measured differently than its book value, which is the value of Primoris that is recorded on the company's balance sheet. Investors also form their own opinion of Primoris Services' value that differs from its market value or its book value, called intrinsic value, which is Primoris Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primoris Services' market value can be influenced by many factors that don't directly affect Primoris Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Primoris Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primoris Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primoris Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Primoris Services Stock Retained Earnings

Primoris Services Company Retained Earnings Analysis

Retained Earnings

Beginning RE + Income

-

Dividends

Current Primoris Services Retained Earnings

Primoris Retained Earnings Driver Correlations

Primoris Retained Earnings Historical Pattern

Primoris Retained Earnings Peer Comparison

Primoris Services ESG Sustainability

Primoris Fundamentals

About Primoris Services Fundamental Analysis

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Primoris Stock analysis

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