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Side-by-side financial comparison of Assurant (AIZ) and Primoris Services Corp (PRIM). Click either name above to swap in a different company.
Assurant is the larger business by last-quarter revenue ($3.4B vs $1.9B, roughly 1.8× Primoris Services Corp). Assurant runs the higher net margin — 6.7% vs 2.8%, a 3.9% gap on every dollar of revenue. On growth, Assurant posted the faster year-over-year revenue change (7.9% vs 6.7%). Assurant produced more free cash flow last quarter ($611.7M vs $121.1M). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs 7.9%).
Assurant, Inc. is a global provider of risk management products and services with headquarters in Atlanta. Its businesses provide a diverse set of specialty, niche-market insurance products in the property, casualty, extended device protection, and preneed insurance sectors. The company's main operating segments are Global Housing and Global Lifestyle.
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.
AIZ vs PRIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.4B | $1.9B |
| Net Profit | $225.2M | $51.7M |
| Gross Margin | — | 9.4% |
| Operating Margin | 8.5% | 4.2% |
| Net Margin | 6.7% | 2.8% |
| Revenue YoY | 7.9% | 6.7% |
| Net Profit YoY | 11.9% | -4.2% |
| EPS (diluted) | $4.37 | $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 | $3.4B | $1.9B | ||
| Q3 25 | $3.2B | $2.2B | ||
| Q2 25 | $3.2B | $1.9B | ||
| Q1 25 | $3.1B | $1.6B | ||
| Q4 24 | $3.1B | $1.7B | ||
| Q3 24 | $3.0B | $1.6B | ||
| Q2 24 | $2.9B | $1.6B | ||
| Q1 24 | $2.9B | $1.4B |
| Q4 25 | $225.2M | $51.7M | ||
| Q3 25 | $265.6M | $94.6M | ||
| Q2 25 | $235.3M | $84.3M | ||
| Q1 25 | $146.6M | $44.2M | ||
| Q4 24 | $201.3M | $54.0M | ||
| Q3 24 | $133.8M | $58.4M | ||
| Q2 24 | $188.7M | $49.5M | ||
| Q1 24 | $236.4M | $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 | 8.5% | 4.2% | ||
| Q3 25 | 10.2% | 6.3% | ||
| Q2 25 | 9.2% | 6.7% | ||
| Q1 25 | 6.0% | 4.3% | ||
| Q4 24 | 8.1% | 5.0% | ||
| Q3 24 | 5.1% | 6.0% | ||
| Q2 24 | 8.0% | 5.5% | ||
| Q1 24 | 10.2% | 3.1% |
| Q4 25 | 6.7% | 2.8% | ||
| Q3 25 | 8.2% | 4.3% | ||
| Q2 25 | 7.4% | 4.5% | ||
| Q1 25 | 4.8% | 2.7% | ||
| Q4 24 | 6.5% | 3.1% | ||
| Q3 24 | 4.5% | 3.5% | ||
| Q2 24 | 6.5% | 3.2% | ||
| Q1 24 | 8.2% | 1.3% |
| Q4 25 | $4.37 | $0.94 | ||
| Q3 25 | $5.17 | $1.73 | ||
| Q2 25 | $4.56 | $1.54 | ||
| Q1 25 | $2.83 | $0.81 | ||
| Q4 24 | $3.86 | $0.98 | ||
| Q3 24 | $2.55 | $1.07 | ||
| Q2 24 | $3.58 | $0.91 | ||
| Q1 24 | $4.47 | $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 | $1.8B | $535.5M |
| Total DebtLower is stronger | — | $469.9M |
| Stockholders' EquityBook value | $5.9B | $1.7B |
| Total Assets | $36.3B | $4.4B |
| Debt / EquityLower = less leverage | — | 0.28× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.8B | $535.5M | ||
| Q3 25 | $1.7B | $431.4M | ||
| Q2 25 | $1.5B | $390.3M | ||
| Q1 25 | $1.7B | $351.6M | ||
| Q4 24 | $1.8B | $455.8M | ||
| Q3 24 | $1.8B | $352.7M | ||
| Q2 24 | $1.7B | $207.4M | ||
| Q1 24 | $1.3B | $177.6M |
| Q4 25 | — | $469.9M | ||
| Q3 25 | — | $486.0M | ||
| Q2 25 | — | $603.1M | ||
| Q1 25 | — | $612.0M | ||
| Q4 24 | — | $734.8M | ||
| Q3 24 | — | $903.7M | ||
| Q2 24 | — | $933.0M | ||
| Q1 24 | — | $951.7M |
| Q4 25 | $5.9B | $1.7B | ||
| Q3 25 | $5.8B | $1.6B | ||
| Q2 25 | $5.5B | $1.5B | ||
| Q1 25 | $5.2B | $1.4B | ||
| Q4 24 | $5.1B | $1.4B | ||
| Q3 24 | $5.3B | $1.4B | ||
| Q2 24 | $5.0B | $1.3B | ||
| Q1 24 | $4.9B | $1.2B |
| Q4 25 | $36.3B | $4.4B | ||
| Q3 25 | $35.8B | $4.6B | ||
| Q2 25 | $35.5B | $4.5B | ||
| Q1 25 | $35.0B | $4.2B | ||
| Q4 24 | $35.0B | $4.2B | ||
| Q3 24 | $35.3B | $4.2B | ||
| Q2 24 | $33.8B | $4.0B | ||
| Q1 24 | $33.2B | $4.0B |
| Q4 25 | — | 0.28× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | — | 0.39× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | 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 | $671.0M | $142.9M |
| Free Cash FlowOCF − Capex | $611.7M | $121.1M |
| FCF MarginFCF / Revenue | 18.3% | 6.5% |
| Capex IntensityCapex / Revenue | 1.8% | 1.2% |
| Cash ConversionOCF / Net Profit | 2.98× | 2.76× |
| TTM Free Cash FlowTrailing 4 quarters | $1.6B | $340.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $671.0M | $142.9M | ||
| Q3 25 | $505.0M | $182.9M | ||
| Q2 25 | $265.5M | $78.5M | ||
| Q1 25 | $392.4M | $66.2M | ||
| Q4 24 | $102.8M | $298.3M | ||
| Q3 24 | $436.5M | $222.5M | ||
| Q2 24 | $710.9M | $16.1M | ||
| Q1 24 | $82.5M | $-28.5M |
| Q4 25 | $611.7M | $121.1M | ||
| Q3 25 | $442.1M | $148.4M | ||
| Q2 25 | $205.6M | $45.3M | ||
| Q1 25 | $339.0M | $25.6M | ||
| Q4 24 | $34.8M | $270.0M | ||
| Q3 24 | $389.4M | $158.8M | ||
| Q2 24 | $655.5M | $-8.1M | ||
| Q1 24 | $31.7M | $-38.9M |
| Q4 25 | 18.3% | 6.5% | ||
| Q3 25 | 13.7% | 6.8% | ||
| Q2 25 | 6.5% | 2.4% | ||
| Q1 25 | 11.0% | 1.6% | ||
| Q4 24 | 1.1% | 15.5% | ||
| Q3 24 | 13.1% | 9.6% | ||
| Q2 24 | 22.4% | -0.5% | ||
| Q1 24 | 1.1% | -2.8% |
| Q4 25 | 1.8% | 1.2% | ||
| Q3 25 | 1.9% | 1.6% | ||
| Q2 25 | 1.9% | 1.8% | ||
| Q1 25 | 1.7% | 2.5% | ||
| Q4 24 | 2.2% | 1.6% | ||
| Q3 24 | 1.6% | 3.9% | ||
| Q2 24 | 1.9% | 1.5% | ||
| Q1 24 | 1.8% | 0.7% |
| Q4 25 | 2.98× | 2.76× | ||
| Q3 25 | 1.90× | 1.93× | ||
| Q2 25 | 1.13× | 0.93× | ||
| Q1 25 | 2.68× | 1.50× | ||
| Q4 24 | 0.51× | 5.53× | ||
| Q3 24 | 3.26× | 3.81× | ||
| Q2 24 | 3.77× | 0.32× | ||
| Q1 24 | 0.35× | -1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AIZ
| Global Lifestyle | $2.6B | 78% |
| Global Housing | $749.1M | 22% |
| Service Contracts And Sales | $34.5M | 1% |
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
