Primoris Services Corporation
PRIM
#2921
Rank
โ‚ฌ4.17 B
Marketcap
77,81ย โ‚ฌ
Share price
0.76%
Change (1 day)
161.73%
Change (1 year)

Operating Margin for Primoris Services Corporation (PRIM)

Operating Margin as of December 2024 (TTM): 3.77%

According to Primoris Services Corporation 's latest financial reports and stock price the company's current Operating Margin is 3.77%. At the end of 2023 the company had an Operating Margin of 4.48%.

Operating Margin history for Primoris Services Corporation from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.48%-0.31%
20224.49%-7.81%
20214.87%2.71%
20204.74%7.48%
20194.41%-1.83%
20184.49%-5.7%
20174.77%64.7%
20162.89%-18.83%
20153.57%-31.62%
20145.21%-19.21%
20136.45%3.94%
20126.21%-11.26%
20117.00%6.5%
20106.57%-38.75%
200910.73%44.16%
20087.44%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
3.43%-9.02%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.70%-224.67%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.68%-118.04%๐Ÿ‡บ๐Ÿ‡ธ USA
4.73% 25.46%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.38%-163.13%๐Ÿ‡บ๐Ÿ‡ธ USA
2.91%-22.81%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.46%-218.30%๐Ÿ‡บ๐Ÿ‡ธ USA
12.68% 236.34%๐Ÿ‡บ๐Ÿ‡ธ USA
12.24% 224.67%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.