Comparing the current results to its competitors, Primoris Services reported Revenue decrease in the 1 quarter 2026 year on year by -5.34 %, despite the revenue increase by the most of its competitors of 29.51 %, recorded in the same quarter.
Primoris Services's Comment on Competition and Industry Peers
The company competes with regional and national contractors, including larger firms with greater financial resources. Competition varies by project type, location, and services offered. In the utilities market, competitors include Quanta Services, Inc., Dycom Industries, MYR Group, and MasTec, Inc. In the industrial market, competitors include PCL, Kiewit, Performance Contractors, and Boh Brothers. In the renewables market, competitors include Blattner Energy and Mortenson. In the highway services market, competitors include Sterling Construction Company and Zachry Construction Company. The company also faces competition from numerous local and private firms across these markets.
July 17, 2024
In the ever-evolving energy sector, certain companies manage to capture the limelight through robust performance and strategic project acquisitions. Primoris Services Corporation (NYSE: PRIM) has emerged as a significant player, demonstrating a mix of aggressive growth and strategic foresight. Recent developments have solidified Primoris’s position within the industry, underscoring a notable trajectory of success. Securing a Billion-Dollar FuturePrimoris recently announced an impressive series of project awards, cumulatively valued at approximately $1.2 billion. The substantial contracts were secured by the company’s Energy Segment, dividing this bounty between nearly $700 million booked in the second qu...
February 5, 2024
In a testament to its illustrious performance trajectory, Primoris Services Corporation has recently garnered major industrial accolades signifying its commendable stance in the corporate realm. The NYSE-listed organization (NYSE: PRIM), colloquially known as Primoris or The Company, has triumphantly declared the procurement of several awards with cumulative value hovering around the remarkable $1.1 billion mark. This stellar achievement was secured predominantly by the Company s Energy Segment.Among the various accolades bagged by the company, the most significant pertains to utility-scale solar projects, which, during the fourth quarter of 2023, allotted the corporation over $700 million for essential ta...
Publicly Traded Peers of Primoris Services Corporation
Dycom Industries Inc Share Performance
-14.55%
This Year
Dycom Industries Inc
Profile
Dycom Industries Inc operates as a provider of specialty contracting services in telecommunications infrastructure. The company provides design, engineering, construction, maintenance, and installation services to telecommunications providers, resulting in revenue generation through contracts with these clients.
Granite Construction Inc operates as a heavy civil contractor, providing construction services primarily in the transportation infrastructure sector. They engage in projects such as highways, bridges, tunnels, airports, and other large-scale public infrastructure developments.
Jacobs Solutions Inc is a technology consulting firm that specializes in delivering tailored solutions to clients in diverse industries, addressing their unique challenges and objectives. The company generates revenue by leveraging its expertise to provide project implementation, ongoing support, and strategic guidance, helping organizations enhance their technology infrastructure and operational efficiency. Through a client-centric approach, Jacobs Solutions fosters long-term partnerships that drive innovation and transformation in their clients businesses.
Mastec Inc operates as an infrastructure construction company, offering a wide range of services including engineering, construction, installation, and maintenance for energy, telecommunication, and other industries. The company primarily relies on contracts with clients to provide comprehensive solutions for their infrastructure needs.
Myr Group Inc. operates as a holding company that provides electric utility construction services in the United States. As a construction contractor, the company offers services such as the installation, maintenance, and repair of electrical transmission and distribution systems. Myr Group Inc. primarily serves the energy sector, including traditional utilities and renewable energy providers.
Sources:
Primoris Services Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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