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Side-by-side financial comparison of Avery Dennison (AVY) and Primoris Services Corp (PRIM). Click either name above to swap in a different company.

Avery Dennison is the larger business by last-quarter revenue ($2.3B vs $1.9B, roughly 1.2× Primoris Services Corp). Avery Dennison runs the higher net margin — 7.3% vs 2.8%, a 4.5% gap on every dollar of revenue. On growth, Avery Dennison posted the faster year-over-year revenue change (7.0% vs 6.7%). Primoris Services Corp produced more free cash flow last quarter ($121.1M vs $104.4M). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs 1.4%).

Avery Dennison Corporation is an American multinational manufacturer and distributor of pressure-sensitive adhesive materials, apparel branding labels and tags, RFID inlays, and specialty medical products. The company is a member of the Fortune 500 and is headquartered in Mentor, Ohio.

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.

AVY vs PRIM — Head-to-Head

Bigger by revenue
AVY
AVY
1.2× larger
AVY
$2.3B
$1.9B
PRIM
Growing faster (revenue YoY)
AVY
AVY
+0.3% gap
AVY
7.0%
6.7%
PRIM
Higher net margin
AVY
AVY
4.5% more per $
AVY
7.3%
2.8%
PRIM
More free cash flow
PRIM
PRIM
$16.7M more FCF
PRIM
$121.1M
$104.4M
AVY
Faster 2-yr revenue CAGR
PRIM
PRIM
Annualised
PRIM
14.7%
1.4%
AVY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AVY
AVY
PRIM
PRIM
Revenue
$2.3B
$1.9B
Net Profit
$168.1M
$51.7M
Gross Margin
28.9%
9.4%
Operating Margin
10.7%
4.2%
Net Margin
7.3%
2.8%
Revenue YoY
7.0%
6.7%
Net Profit YoY
1.1%
-4.2%
EPS (diluted)
$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.

Revenue
AVY
AVY
PRIM
PRIM
Q1 26
$2.3B
Q4 25
$2.3B
$1.9B
Q3 25
$2.2B
$2.2B
Q2 25
$2.2B
$1.9B
Q1 25
$2.1B
$1.6B
Q4 24
$2.2B
$1.7B
Q3 24
$2.2B
$1.6B
Q2 24
$2.2B
$1.6B
Net Profit
AVY
AVY
PRIM
PRIM
Q1 26
$168.1M
Q4 25
$166.4M
$51.7M
Q3 25
$166.3M
$94.6M
Q2 25
$189.0M
$84.3M
Q1 25
$166.3M
$44.2M
Q4 24
$174.0M
$54.0M
Q3 24
$181.7M
$58.4M
Q2 24
$176.8M
$49.5M
Gross Margin
AVY
AVY
PRIM
PRIM
Q1 26
28.9%
Q4 25
28.7%
9.4%
Q3 25
28.7%
10.8%
Q2 25
28.8%
12.3%
Q1 25
28.9%
10.4%
Q4 24
27.9%
10.6%
Q3 24
28.7%
12.0%
Q2 24
29.6%
11.9%
Operating Margin
AVY
AVY
PRIM
PRIM
Q1 26
10.7%
Q4 25
9.1%
4.2%
Q3 25
10.6%
6.3%
Q2 25
11.5%
6.7%
Q1 25
10.6%
4.3%
Q4 24
11.0%
5.0%
Q3 24
11.0%
6.0%
Q2 24
10.7%
5.5%
Net Margin
AVY
AVY
PRIM
PRIM
Q1 26
7.3%
Q4 25
7.3%
2.8%
Q3 25
7.5%
4.3%
Q2 25
8.5%
4.5%
Q1 25
7.7%
2.7%
Q4 24
8.0%
3.1%
Q3 24
8.3%
3.5%
Q2 24
7.9%
3.2%
EPS (diluted)
AVY
AVY
PRIM
PRIM
Q1 26
Q4 25
$2.16
$0.94
Q3 25
$2.13
$1.73
Q2 25
$2.41
$1.54
Q1 25
$2.09
$0.81
Q4 24
$2.17
$0.98
Q3 24
$2.25
$1.07
Q2 24
$2.18
$0.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVY
AVY
PRIM
PRIM
Cash + ST InvestmentsLiquidity on hand
$255.1M
$535.5M
Total DebtLower is stronger
$3.2B
$469.9M
Stockholders' EquityBook value
$2.3B
$1.7B
Total Assets
$9.0B
$4.4B
Debt / EquityLower = less leverage
1.38×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVY
AVY
PRIM
PRIM
Q1 26
$255.1M
Q4 25
$202.8M
$535.5M
Q3 25
$536.3M
$431.4M
Q2 25
$215.9M
$390.3M
Q1 25
$195.9M
$351.6M
Q4 24
$329.1M
$455.8M
Q3 24
$212.7M
$352.7M
Q2 24
$208.8M
$207.4M
Total Debt
AVY
AVY
PRIM
PRIM
Q1 26
$3.2B
Q4 25
$3.2B
$469.9M
Q3 25
$3.2B
$486.0M
Q2 25
$2.6B
$603.1M
Q1 25
$2.6B
$612.0M
Q4 24
$2.6B
$734.8M
Q3 24
$2.0B
$903.7M
Q2 24
$2.0B
$933.0M
Stockholders' Equity
AVY
AVY
PRIM
PRIM
Q1 26
$2.3B
Q4 25
$2.2B
$1.7B
Q3 25
$2.2B
$1.6B
Q2 25
$2.2B
$1.5B
Q1 25
$2.2B
$1.4B
Q4 24
$2.3B
$1.4B
Q3 24
$2.4B
$1.4B
Q2 24
$2.3B
$1.3B
Total Assets
AVY
AVY
PRIM
PRIM
Q1 26
$9.0B
Q4 25
$8.8B
$4.4B
Q3 25
$8.9B
$4.6B
Q2 25
$8.6B
$4.5B
Q1 25
$8.4B
$4.2B
Q4 24
$8.4B
$4.2B
Q3 24
$8.5B
$4.2B
Q2 24
$8.3B
$4.0B
Debt / Equity
AVY
AVY
PRIM
PRIM
Q1 26
1.38×
Q4 25
1.43×
0.28×
Q3 25
1.45×
0.30×
Q2 25
1.19×
0.39×
Q1 25
1.19×
0.42×
Q4 24
1.11×
0.52×
Q3 24
0.85×
0.67×
Q2 24
0.89×
0.72×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVY
AVY
PRIM
PRIM
Operating Cash FlowLast quarter
$142.9M
Free Cash FlowOCF − Capex
$104.4M
$121.1M
FCF MarginFCF / Revenue
4.5%
6.5%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
2.76×
TTM Free Cash FlowTrailing 4 quarters
$869.1M
$340.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVY
AVY
PRIM
PRIM
Q1 26
Q4 25
$376.8M
$142.9M
Q3 25
$312.1M
$182.9M
Q2 25
$208.8M
$78.5M
Q1 25
$-16.3M
$66.2M
Q4 24
$351.2M
$298.3M
Q3 24
$270.1M
$222.5M
Q2 24
$197.7M
$16.1M
Free Cash Flow
AVY
AVY
PRIM
PRIM
Q1 26
$104.4M
Q4 25
$309.7M
$121.1M
Q3 25
$276.2M
$148.4M
Q2 25
$178.8M
$45.3M
Q1 25
$-52.3M
$25.6M
Q4 24
$281.7M
$270.0M
Q3 24
$227.1M
$158.8M
Q2 24
$150.2M
$-8.1M
FCF Margin
AVY
AVY
PRIM
PRIM
Q1 26
4.5%
Q4 25
13.6%
6.5%
Q3 25
12.5%
6.8%
Q2 25
8.1%
2.4%
Q1 25
-2.4%
1.6%
Q4 24
12.9%
15.5%
Q3 24
10.4%
9.6%
Q2 24
6.7%
-0.5%
Capex Intensity
AVY
AVY
PRIM
PRIM
Q1 26
Q4 25
3.0%
1.2%
Q3 25
1.6%
1.6%
Q2 25
1.4%
1.8%
Q1 25
1.7%
2.5%
Q4 24
3.2%
1.6%
Q3 24
2.0%
3.9%
Q2 24
2.1%
1.5%
Cash Conversion
AVY
AVY
PRIM
PRIM
Q1 26
Q4 25
2.26×
2.76×
Q3 25
1.88×
1.93×
Q2 25
1.10×
0.93×
Q1 25
-0.10×
1.50×
Q4 24
2.02×
5.53×
Q3 24
1.49×
3.81×
Q2 24
1.12×
0.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVY
AVY

Materials Group$1.6B72%
Solutions Group$649.2M28%

PRIM
PRIM

Energy Segment$1.2B64%
Unit Price Contracts$473.7M25%
Cost Reimbursable Contracts$121.3M7%
Other$74.9M4%

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