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Side-by-side financial comparison of Ameren (AEE) and Primoris Services Corp (PRIM). Click either name above to swap in a different company.
Primoris Services Corp is the larger business by last-quarter revenue ($1.9B vs $1.8B, roughly 1.0× Ameren). Ameren runs the higher net margin — 14.2% vs 2.8%, a 11.4% gap on every dollar of revenue. On growth, Primoris Services Corp posted the faster year-over-year revenue change (6.7% vs -8.2%). Primoris Services Corp produced more free cash flow last quarter ($121.1M vs $-54.0M). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs -0.9%).
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses. It primarily generates electricity through coal, nucle...
Primoris Services Corporation is a publicly traded specialty construction and infrastructure company based in the United States, with a particular focus on pipelines for natural gas, wastewater and water. As of 2014 it was a Fortune 1000 company.
AEE vs PRIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $1.9B |
| Net Profit | $253.0M | $51.7M |
| Gross Margin | — | 9.4% |
| Operating Margin | 20.2% | 4.2% |
| Net Margin | 14.2% | 2.8% |
| Revenue YoY | -8.2% | 6.7% |
| Net Profit YoY | 21.6% | -4.2% |
| EPS (diluted) | $0.92 | $0.94 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.8B | $1.9B | ||
| Q3 25 | $2.7B | $2.2B | ||
| Q2 25 | $2.2B | $1.9B | ||
| Q1 25 | $2.1B | $1.6B | ||
| Q4 24 | $1.9B | $1.7B | ||
| Q3 24 | $2.2B | $1.6B | ||
| Q2 24 | $1.7B | $1.6B | ||
| Q1 24 | $1.8B | $1.4B |
| Q4 25 | $253.0M | $51.7M | ||
| Q3 25 | $641.0M | $94.6M | ||
| Q2 25 | $277.0M | $84.3M | ||
| Q1 25 | $290.0M | $44.2M | ||
| Q4 24 | $208.0M | $54.0M | ||
| Q3 24 | $457.0M | $58.4M | ||
| Q2 24 | $260.0M | $49.5M | ||
| Q1 24 | $262.0M | $18.9M |
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | — | 12.3% | ||
| Q1 25 | — | 10.4% | ||
| Q4 24 | — | 10.6% | ||
| Q3 24 | — | 12.0% | ||
| Q2 24 | — | 11.9% | ||
| Q1 24 | — | 9.4% |
| Q4 25 | 20.2% | 4.2% | ||
| Q3 25 | 30.6% | 6.3% | ||
| Q2 25 | 18.5% | 6.7% | ||
| Q1 25 | 20.5% | 4.3% | ||
| Q4 24 | 10.2% | 5.0% | ||
| Q3 24 | 27.0% | 6.0% | ||
| Q2 24 | 21.3% | 5.5% | ||
| Q1 24 | 20.4% | 3.1% |
| Q4 25 | 14.2% | 2.8% | ||
| Q3 25 | 23.7% | 4.3% | ||
| Q2 25 | 12.5% | 4.5% | ||
| Q1 25 | 13.8% | 2.7% | ||
| Q4 24 | 10.7% | 3.1% | ||
| Q3 24 | 21.0% | 3.5% | ||
| Q2 24 | 15.4% | 3.2% | ||
| Q1 24 | 14.4% | 1.3% |
| Q4 25 | $0.92 | $0.94 | ||
| Q3 25 | $2.35 | $1.73 | ||
| Q2 25 | $1.01 | $1.54 | ||
| Q1 25 | $1.07 | $0.81 | ||
| Q4 24 | $0.77 | $0.98 | ||
| Q3 24 | $1.70 | $1.07 | ||
| Q2 24 | $0.97 | $0.91 | ||
| Q1 24 | $0.98 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.0M | $535.5M |
| Total DebtLower is stronger | $19.4B | $469.9M |
| Stockholders' EquityBook value | $13.4B | $1.7B |
| Total Assets | $48.5B | $4.4B |
| Debt / EquityLower = less leverage | 1.45× | 0.28× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.0M | $535.5M | ||
| Q3 25 | $9.0M | $431.4M | ||
| Q2 25 | $11.0M | $390.3M | ||
| Q1 25 | $23.0M | $351.6M | ||
| Q4 24 | $7.0M | $455.8M | ||
| Q3 24 | $17.0M | $352.7M | ||
| Q2 24 | $19.0M | $207.4M | ||
| Q1 24 | $85.0M | $177.6M |
| Q4 25 | $19.4B | $469.9M | ||
| Q3 25 | — | $486.0M | ||
| Q2 25 | — | $603.1M | ||
| Q1 25 | — | $612.0M | ||
| Q4 24 | $17.8B | $734.8M | ||
| Q3 24 | — | $903.7M | ||
| Q2 24 | — | $933.0M | ||
| Q1 24 | — | $951.7M |
| Q4 25 | $13.4B | $1.7B | ||
| Q3 25 | $12.8B | $1.6B | ||
| Q2 25 | $12.3B | $1.5B | ||
| Q1 25 | $12.2B | $1.4B | ||
| Q4 24 | $12.1B | $1.4B | ||
| Q3 24 | $11.8B | $1.4B | ||
| Q2 24 | $11.5B | $1.3B | ||
| Q1 24 | $11.4B | $1.2B |
| Q4 25 | $48.5B | $4.4B | ||
| Q3 25 | $47.4B | $4.6B | ||
| Q2 25 | $46.6B | $4.5B | ||
| Q1 25 | $45.7B | $4.2B | ||
| Q4 24 | $44.6B | $4.2B | ||
| Q3 24 | $43.3B | $4.2B | ||
| Q2 24 | $42.3B | $4.0B | ||
| Q1 24 | $41.3B | $4.0B |
| Q4 25 | 1.45× | 0.28× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | — | 0.39× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | 1.47× | 0.52× | ||
| Q3 24 | — | 0.67× | ||
| Q2 24 | — | 0.72× | ||
| Q1 24 | — | 0.76× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $956.0M | $142.9M |
| Free Cash FlowOCF − Capex | $-54.0M | $121.1M |
| FCF MarginFCF / Revenue | -3.0% | 6.5% |
| Capex IntensityCapex / Revenue | 56.7% | 1.2% |
| Cash ConversionOCF / Net Profit | 3.78× | 2.76× |
| TTM Free Cash FlowTrailing 4 quarters | $-775.0M | $340.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $956.0M | $142.9M | ||
| Q3 25 | $1.1B | $182.9M | ||
| Q2 25 | $862.0M | $78.5M | ||
| Q1 25 | $431.0M | $66.2M | ||
| Q4 24 | $817.0M | $298.3M | ||
| Q3 24 | $897.0M | $222.5M | ||
| Q2 24 | $557.0M | $16.1M | ||
| Q1 24 | $492.0M | $-28.5M |
| Q4 25 | $-54.0M | $121.1M | ||
| Q3 25 | $116.0M | $148.4M | ||
| Q2 25 | $-204.0M | $45.3M | ||
| Q1 25 | $-633.0M | $25.6M | ||
| Q4 24 | $-473.0M | $270.0M | ||
| Q3 24 | $-240.0M | $158.8M | ||
| Q2 24 | $-445.0M | $-8.1M | ||
| Q1 24 | $-398.0M | $-38.9M |
| Q4 25 | -3.0% | 6.5% | ||
| Q3 25 | 4.3% | 6.8% | ||
| Q2 25 | -9.2% | 2.4% | ||
| Q1 25 | -30.2% | 1.6% | ||
| Q4 24 | -24.4% | 15.5% | ||
| Q3 24 | -11.0% | 9.6% | ||
| Q2 24 | -26.3% | -0.5% | ||
| Q1 24 | -21.9% | -2.8% |
| Q4 25 | 56.7% | 1.2% | ||
| Q3 25 | 36.6% | 1.6% | ||
| Q2 25 | 48.0% | 1.8% | ||
| Q1 25 | 50.7% | 2.5% | ||
| Q4 24 | 66.5% | 1.6% | ||
| Q3 24 | 52.3% | 3.9% | ||
| Q2 24 | 59.2% | 1.5% | ||
| Q1 24 | 49.0% | 0.7% |
| Q4 25 | 3.78× | 2.76× | ||
| Q3 25 | 1.72× | 1.93× | ||
| Q2 25 | 3.11× | 0.93× | ||
| Q1 25 | 1.49× | 1.50× | ||
| Q4 24 | 3.93× | 5.53× | ||
| Q3 24 | 1.96× | 3.81× | ||
| Q2 24 | 2.14× | 0.32× | ||
| Q1 24 | 1.88× | -1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AEE
Segment breakdown not available.
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
