Primoris Reports $470M+ Operating Cash Flow in 2025, Funding New Facility and $422M Acquisition
Primoris generated over $470 million in operating cash flow during 2025. This substantial financial resource is being allocated to fund both a new Premier PV facility and the acquisition of PayneCrest for $422 million. The PayneCrest transaction was conducted entirely in cash. The company's strong cash position appears to be directly supporting its expansion and merger and acquisition strategy. The specific details regarding the location of the new Premier PV facility or the nature of PayneCrest's business were not provided in the source material. The financial performance and strategic moves occurred in the 2025 fiscal year.
Key facts
- Primoris generated over $470 million in operating cash flow in 2025.
- The cash flow is funding a new Premier PV facility.
- The cash flow is funding the acquisition of PayneCrest.
- The PayneCrest acquisition cost $422 million.
- The PayneCrest acquisition was an all-cash transaction.
- The financial activity occurred in 2025.
- The company's strategy involves expansion and M&A.
- The source URL is from qz.com.
Entities
Institutions
- Primoris
- PayneCrest
- qz.com
Sources
- Quartz —