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Side-by-side financial comparison of CIVITAS RESOURCES, INC. (CIVI) 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 $1.2B, roughly 1.6× CIVITAS RESOURCES, INC.). On growth, Primoris Services Corp posted the faster year-over-year revenue change (6.7% vs -8.2%). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs 1.8%).

Civitas Resources, Inc. is a U.S.-based sustainable energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It primarily operates across the Denver-Julesburg Basin in Colorado, prioritizing low-emission, responsible energy production to meet diverse North American energy demand.

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.

CIVI vs PRIM — Head-to-Head

Bigger by revenue
PRIM
PRIM
1.6× larger
PRIM
$1.9B
$1.2B
CIVI
Growing faster (revenue YoY)
PRIM
PRIM
+14.9% gap
PRIM
6.7%
-8.2%
CIVI
Faster 2-yr revenue CAGR
PRIM
PRIM
Annualised
PRIM
14.7%
1.8%
CIVI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CIVI
CIVI
PRIM
PRIM
Revenue
$1.2B
$1.9B
Net Profit
$51.7M
Gross Margin
9.4%
Operating Margin
20.0%
4.2%
Net Margin
2.8%
Revenue YoY
-8.2%
6.7%
Net Profit YoY
-4.2%
EPS (diluted)
$1.99
$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
CIVI
CIVI
PRIM
PRIM
Q4 25
$1.9B
Q3 25
$1.2B
$2.2B
Q2 25
$1.1B
$1.9B
Q1 25
$1.2B
$1.6B
Q4 24
$1.3B
$1.7B
Q3 24
$1.3B
$1.6B
Q2 24
$1.3B
$1.6B
Q1 24
$1.3B
$1.4B
Net Profit
CIVI
CIVI
PRIM
PRIM
Q4 25
$51.7M
Q3 25
$94.6M
Q2 25
$84.3M
Q1 25
$44.2M
Q4 24
$54.0M
Q3 24
$58.4M
Q2 24
$49.5M
Q1 24
$18.9M
Gross Margin
CIVI
CIVI
PRIM
PRIM
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%
Operating Margin
CIVI
CIVI
PRIM
PRIM
Q4 25
4.2%
Q3 25
20.0%
6.3%
Q2 25
15.3%
6.7%
Q1 25
20.7%
4.3%
Q4 24
15.4%
5.0%
Q3 24
30.6%
6.0%
Q2 24
21.6%
5.5%
Q1 24
15.9%
3.1%
Net Margin
CIVI
CIVI
PRIM
PRIM
Q4 25
2.8%
Q3 25
4.3%
Q2 25
4.5%
Q1 25
2.7%
Q4 24
3.1%
Q3 24
3.5%
Q2 24
3.2%
Q1 24
1.3%
EPS (diluted)
CIVI
CIVI
PRIM
PRIM
Q4 25
$0.94
Q3 25
$1.99
$1.73
Q2 25
$1.34
$1.54
Q1 25
$1.99
$0.81
Q4 24
$1.56
$0.98
Q3 24
$3.01
$1.07
Q2 24
$2.15
$0.91
Q1 24
$1.74
$0.35

Balance Sheet & Financial Strength

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

Metric
CIVI
CIVI
PRIM
PRIM
Cash + ST InvestmentsLiquidity on hand
$56.0M
$535.5M
Total DebtLower is stronger
$5.1B
$469.9M
Stockholders' EquityBook value
$6.7B
$1.7B
Total Assets
$15.1B
$4.4B
Debt / EquityLower = less leverage
0.77×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIVI
CIVI
PRIM
PRIM
Q4 25
$535.5M
Q3 25
$56.0M
$431.4M
Q2 25
$69.0M
$390.3M
Q1 25
$20.0M
$351.6M
Q4 24
$76.0M
$455.8M
Q3 24
$47.1M
$352.7M
Q2 24
$91.9M
$207.4M
Q1 24
$52.1M
$177.6M
Total Debt
CIVI
CIVI
PRIM
PRIM
Q4 25
$469.9M
Q3 25
$5.1B
$486.0M
Q2 25
$5.4B
$603.1M
Q1 25
$5.1B
$612.0M
Q4 24
$4.5B
$734.8M
Q3 24
$4.8B
$903.7M
Q2 24
$4.9B
$933.0M
Q1 24
$4.4B
$951.7M
Stockholders' Equity
CIVI
CIVI
PRIM
PRIM
Q4 25
$1.7B
Q3 25
$6.7B
$1.6B
Q2 25
$6.8B
$1.5B
Q1 25
$6.7B
$1.4B
Q4 24
$6.6B
$1.4B
Q3 24
$6.7B
$1.4B
Q2 24
$6.6B
$1.3B
Q1 24
$6.6B
$1.2B
Total Assets
CIVI
CIVI
PRIM
PRIM
Q4 25
$4.4B
Q3 25
$15.1B
$4.6B
Q2 25
$15.4B
$4.5B
Q1 25
$15.3B
$4.2B
Q4 24
$14.9B
$4.2B
Q3 24
$15.0B
$4.2B
Q2 24
$15.0B
$4.0B
Q1 24
$15.1B
$4.0B
Debt / Equity
CIVI
CIVI
PRIM
PRIM
Q4 25
0.28×
Q3 25
0.77×
0.30×
Q2 25
0.79×
0.39×
Q1 25
0.76×
0.42×
Q4 24
0.68×
0.52×
Q3 24
0.73×
0.67×
Q2 24
0.74×
0.72×
Q1 24
0.67×
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
CIVI
CIVI
PRIM
PRIM
Operating Cash FlowLast quarter
$860.0M
$142.9M
Free Cash FlowOCF − Capex
$121.1M
FCF MarginFCF / Revenue
6.5%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
2.76×
TTM Free Cash FlowTrailing 4 quarters
$340.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIVI
CIVI
PRIM
PRIM
Q4 25
$142.9M
Q3 25
$860.0M
$182.9M
Q2 25
$298.0M
$78.5M
Q1 25
$719.0M
$66.2M
Q4 24
$858.2M
$298.3M
Q3 24
$835.0M
$222.5M
Q2 24
$359.0M
$16.1M
Q1 24
$813.0M
$-28.5M
Free Cash Flow
CIVI
CIVI
PRIM
PRIM
Q4 25
$121.1M
Q3 25
$148.4M
Q2 25
$45.3M
Q1 25
$25.6M
Q4 24
$270.0M
Q3 24
$158.8M
Q2 24
$-8.1M
Q1 24
$-38.9M
FCF Margin
CIVI
CIVI
PRIM
PRIM
Q4 25
6.5%
Q3 25
6.8%
Q2 25
2.4%
Q1 25
1.6%
Q4 24
15.5%
Q3 24
9.6%
Q2 24
-0.5%
Q1 24
-2.8%
Capex Intensity
CIVI
CIVI
PRIM
PRIM
Q4 25
1.2%
Q3 25
1.6%
Q2 25
1.8%
Q1 25
2.5%
Q4 24
1.6%
Q3 24
3.9%
Q2 24
1.5%
Q1 24
0.7%
Cash Conversion
CIVI
CIVI
PRIM
PRIM
Q4 25
2.76×
Q3 25
1.93×
Q2 25
0.93×
Q1 25
1.50×
Q4 24
5.53×
Q3 24
3.81×
Q2 24
0.32×
Q1 24
-1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CIVI
CIVI

Crude Oil Natural Gas And Natural Gas Liquids$1.2B99%
Oil And Gas Operation And Maintenance$8.0M1%
Natural Gas Reserves$2.0M0%

PRIM
PRIM

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

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