Primoris Services Debt-to-Equity Ratio Growth & History (PRIM)
Primoris Services's debt-to-equity ratio was 0.57 for fiscal 2025.
View full Primoris Services company overviewPrimoris Services annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.57 | −0.28 | −33.01% |
| 2024 | 2024-12-31 | 0.84 | −0.22 | −20.81% |
| 2023 | 2023-12-31 | 1.07 | −0.15 | −12.20% |
| 2022 | 2022-12-31 | 1.21 | 0.39 | +46.44% |
| 2021 | 2021-12-31 | 0.83 | 0.09 | +12.38% |
| 2020 | 2020-12-31 | 0.74 | −0.21 | −22.12% |
| 2019 | 2019-12-31 | 0.95 | 0.34 | +56.24% |
| 2018 | 2018-12-31 | 0.61 | 0.15 | +31.58% |
| 2017 | 2017-12-31 | 0.46 | −0.06 | −12.13% |
| 2016 | 2016-12-31 | 0.52 | −0.04 | −7.87% |
| 2015 | 2015-12-31 | 0.57 | 0.03 | +5.36% |
| 2014 | 2014-12-31 | 0.54 | −0.02 | −4.34% |
| 2013 | 2013-12-31 | 0.56 | 0.10 | +20.95% |
| 2012 | 2012-12-31 | 0.47 | 0.17 | +59.75% |
| 2011 | 2011-12-31 | 0.29 | 0.01 | +2.01% |
| 2010 | 2010-12-31 | 0.29 | — | — |
Primoris Services quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.80 | 0.10 | +14.04% |
| Q1 2026 | 2026-03-31 | 0.55 | −0.18 | −24.79% |
| Q4 2025 | 2025-12-31 | 0.57 | −0.28 | −33.01% |
| Q3 2025 | 2025-09-30 | 0.59 | −0.40 | −40.42% |
| Q2 2025 | 2025-06-30 | 0.70 | −0.34 | −32.73% |
| Q1 2025 | 2025-03-31 | 0.73 | −0.34 | −31.66% |
| Q4 2024 | 2024-12-31 | 0.84 | −0.22 | −20.81% |
| Q3 2024 | 2024-09-30 | 0.99 | −0.19 | −15.85% |
| Q2 2024 | 2024-06-30 | 1.04 | −0.15 | −12.62% |
| Q1 2024 | 2024-03-31 | 1.07 | −0.13 | −10.65% |
| Q4 2023 | 2023-12-31 | 1.07 | −0.15 | −12.20% |
| Q3 2023 | 2023-09-30 | 1.18 | −0.10 | −7.78% |
| Q2 2023 | 2023-06-30 | 1.19 | 0.37 | +46.06% |
| Q1 2023 | 2023-03-31 | 1.20 | 0.38 | +46.13% |
| Q4 2022 | 2022-12-31 | 1.21 | 0.39 | +46.44% |
| Q3 2022 | 2022-09-30 | 1.28 | 0.40 | +46.26% |
| Q2 2022 | 2022-06-30 | 0.81 | −0.09 | −9.97% |
| Q1 2022 | 2022-03-31 | 0.82 | −0.13 | −14.10% |
| Q4 2021 | 2021-12-31 | 0.83 | 0.09 | +12.38% |
| Q3 2021 | 2021-09-30 | 0.87 | 0.06 | +7.30% |
| Q2 2021 | 2021-06-30 | 0.90 | −0.02 | −2.12% |
| Q1 2021 | 2021-03-31 | 0.96 | −0.02 | −1.83% |
| Q4 2020 | 2020-12-31 | 0.74 | −0.21 | −22.12% |
| Q3 2020 | 2020-09-30 | 0.81 | −0.10 | −11.24% |
| Q2 2020 | 2020-06-30 | 0.92 | −0.04 | −3.91% |
| Q1 2020 | 2020-03-31 | 0.97 | 0.10 | +11.71% |
| Q4 2019 | 2019-12-31 | 0.95 | 0.34 | +56.24% |
| Q3 2019 | 2019-09-30 | 0.92 | 0.29 | +46.90% |
| Q2 2019 | 2019-06-30 | 0.96 | 0.23 | +31.90% |
| Q1 2019 | 2019-03-31 | 0.87 | 0.44 | +100.41% |
| Q4 2018 | 2018-12-31 | 0.61 | 0.15 | +31.58% |
| Q3 2018 | 2018-09-30 | 0.62 | — | — |
| Q2 2018 | 2018-06-30 | 0.73 | 0.26 | +57.20% |
| Q1 2018 | 2018-03-31 | 0.43 | −0.07 | −13.91% |
| Q4 2017 | 2017-12-31 | 0.46 | −0.06 | −12.13% |
| Q2 2017 | 2017-06-30 | 0.46 | −0.05 | −9.67% |
| Q1 2017 | 2017-03-31 | 0.51 | −0.04 | −6.71% |
| Q4 2016 | 2016-12-31 | 0.52 | −0.04 | −7.87% |
| Q2 2016 | 2016-06-30 | 0.51 | — | — |
| Q1 2016 | 2016-03-31 | 0.54 | — | — |
| Q4 2015 | 2015-12-31 | 0.57 | 0.03 | +5.36% |
| Q4 2014 | 2014-12-31 | 0.54 | −0.02 | −4.34% |
| Q4 2013 | 2013-12-31 | 0.56 | 0.10 | +20.95% |
| Q4 2012 | 2012-12-31 | 0.47 | 0.17 | +59.75% |
| Q1 2012 | 2012-03-31 | 0.25 | — | — |
| Q4 2011 | 2011-12-31 | 0.29 | 0.01 | +2.01% |
| Q3 2011 | 2011-09-30 | 0.20 | — | — |
| Q2 2011 | 2011-06-30 | 0.21 | — | — |
| Q4 2010 | 2010-12-31 | 0.29 | — | — |
Primoris Services debt-to-equity ratio trends
Over the last five fiscal years, Primoris Services's debt-to-equity ratio decreased from 0.74 to 0.57, a change of −0.17. The latest reported quarter, Q2 2026, shows 0.80.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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