Primoris Services Corp: Form 10-K for the period ended Dec 31, 2022
Filed with the SEC on Feb 28, 2023 and accepted by EDGAR at Feb 27, 2023, 22:52 ET.
Sections
The sections of this filing are being extracted from EDGAR and appear here in about a minute. Meanwhile, read the original on sec.gov. The main document on sec.gov.
Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2022-12-31. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2022-10-01 to 2022-12-31 | $1.33bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 12 months2022-01-01 to 2022-12-31 | $4.42bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months2022-01-01 to 2022-12-31 | $3.96bn | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2022-10-01 to 2022-12-31 | $153.4m | us-gaap:GrossProfit |
| Gross profit | 12 months2022-01-01 to 2022-12-31 | $456.9m | us-gaap:GrossProfit |
| Selling, general and administrative | 12 months2022-01-01 to 2022-12-31 | $281.6m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 12 months2022-01-01 to 2022-12-31 | $195.3m | us-gaap:OperatingIncomeLoss |
| Income tax | 12 months2022-01-01 to 2022-12-31 | $26.3m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months2022-01-01 to 2022-12-31 | $133.0m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2022-10-01 to 2022-12-31 | $0.77 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 12 months2022-01-01 to 2022-12-31 | $2.47 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2022-10-01 to 2022-12-31 | $0.78 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 12 months2022-01-01 to 2022-12-31 | $2.50 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2022-10-01 to 2022-12-31 | 53,711,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 12 months2022-01-01 to 2022-12-31 | 53,759,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months2022-01-01 to 2022-12-31 | $83.3m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months2022-01-01 to 2022-12-31 | $94.7m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 12 months2022-01-01 to 2022-12-31 | $12.8m | us-gaap:PaymentsOfDividendsCommonStock |
| Share repurchases | 12 months2022-01-01 to 2022-12-31 | $6.0m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2022-12-31 | $248.7m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2022-12-31 | $1.70bn | us-gaap:AssetsCurrent |
| Total assets | At period end2022-12-31 | $3.54bn | us-gaap:Assets |
| Current liabilities | At period end2022-12-31 | $1.14bn | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2022-12-31 | $2.44bn | us-gaap:Liabilities |
| Long-term debt | At period end2022-12-31 | $1.07bn | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2022-12-31 | $78.1m | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | At period end2022-12-31 | $1.11bn | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0001558370-23-002191. Last ingested by Listed: Oct 24, 2026, 15:11 ET. Listed shows no prices and gives no investment advice.