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Side-by-side financial comparison of Equitable Holdings, Inc. (EQH) and Primoris Services Corp (PRIM). Click either name above to swap in a different company.

Equitable Holdings, Inc. is the larger business by last-quarter revenue ($4.2B vs $1.9B, roughly 2.3× Primoris Services Corp). Equitable Holdings, Inc. runs the higher net margin — 14.7% vs 2.8%, a 11.9% gap on every dollar of revenue. On growth, Primoris Services Corp posted the faster year-over-year revenue change (6.7% vs -7.6%). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs 9.8%).

Equitable Holdings, Inc. is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde.

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.

EQH vs PRIM — Head-to-Head

Bigger by revenue
EQH
EQH
2.3× larger
EQH
$4.2B
$1.9B
PRIM
Growing faster (revenue YoY)
PRIM
PRIM
+14.2% gap
PRIM
6.7%
-7.6%
EQH
Higher net margin
EQH
EQH
11.9% more per $
EQH
14.7%
2.8%
PRIM
Faster 2-yr revenue CAGR
PRIM
PRIM
Annualised
PRIM
14.7%
9.8%
EQH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EQH
EQH
PRIM
PRIM
Revenue
$4.2B
$1.9B
Net Profit
$621.0M
$51.7M
Gross Margin
9.4%
Operating Margin
4.2%
Net Margin
14.7%
2.8%
Revenue YoY
-7.6%
6.7%
Net Profit YoY
885.7%
-4.2%
EPS (diluted)
$2.14
$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
EQH
EQH
PRIM
PRIM
Q1 26
$4.2B
Q4 25
$3.3B
$1.9B
Q3 25
$1.4B
$2.2B
Q2 25
$2.4B
$1.9B
Q1 25
$4.6B
$1.6B
Q4 24
$3.6B
$1.7B
Q3 24
$3.1B
$1.6B
Q2 24
$3.5B
$1.6B
Net Profit
EQH
EQH
PRIM
PRIM
Q1 26
$621.0M
Q4 25
$215.0M
$51.7M
Q3 25
$-1.3B
$94.6M
Q2 25
$-349.0M
$84.3M
Q1 25
$63.0M
$44.2M
Q4 24
$899.0M
$54.0M
Q3 24
$-134.0M
$58.4M
Q2 24
$428.0M
$49.5M
Gross Margin
EQH
EQH
PRIM
PRIM
Q1 26
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%
Operating Margin
EQH
EQH
PRIM
PRIM
Q1 26
Q4 25
10.5%
4.2%
Q3 25
-93.0%
6.3%
Q2 25
-15.4%
6.7%
Q1 25
3.8%
4.3%
Q4 24
33.1%
5.0%
Q3 24
-0.5%
6.0%
Q2 24
19.4%
5.5%
Net Margin
EQH
EQH
PRIM
PRIM
Q1 26
14.7%
Q4 25
6.6%
2.8%
Q3 25
-90.3%
4.3%
Q2 25
-14.8%
4.5%
Q1 25
1.4%
2.7%
Q4 24
24.8%
3.1%
Q3 24
-4.4%
3.5%
Q2 24
12.2%
3.2%
EPS (diluted)
EQH
EQH
PRIM
PRIM
Q1 26
$2.14
Q4 25
$0.69
$0.94
Q3 25
$-4.47
$1.73
Q2 25
$-1.21
$1.54
Q1 25
$0.16
$0.81
Q4 24
$2.72
$0.98
Q3 24
$-0.47
$1.07
Q2 24
$1.23
$0.91

Balance Sheet & Financial Strength

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

Metric
EQH
EQH
PRIM
PRIM
Cash + ST InvestmentsLiquidity on hand
$8.2B
$535.5M
Total DebtLower is stronger
$3.8B
$469.9M
Stockholders' EquityBook value
$4.2B
$1.7B
Total Assets
$310.4B
$4.4B
Debt / EquityLower = less leverage
0.91×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQH
EQH
PRIM
PRIM
Q1 26
$8.2B
Q4 25
$12.5B
$535.5M
Q3 25
$13.6B
$431.4M
Q2 25
$15.0B
$390.3M
Q1 25
$8.2B
$351.6M
Q4 24
$7.0B
$455.8M
Q3 24
$9.6B
$352.7M
Q2 24
$9.7B
$207.4M
Total Debt
EQH
EQH
PRIM
PRIM
Q1 26
$3.8B
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
Stockholders' Equity
EQH
EQH
PRIM
PRIM
Q1 26
$4.2B
Q4 25
$-74.0M
$1.7B
Q3 25
$148.0M
$1.6B
Q2 25
$1.1B
$1.5B
Q1 25
$2.4B
$1.4B
Q4 24
$1.6B
$1.4B
Q3 24
$3.2B
$1.4B
Q2 24
$1.6B
$1.3B
Total Assets
EQH
EQH
PRIM
PRIM
Q1 26
$310.4B
Q4 25
$318.0B
$4.4B
Q3 25
$314.4B
$4.6B
Q2 25
$303.1B
$4.5B
Q1 25
$287.4B
$4.2B
Q4 24
$295.9B
$4.2B
Q3 24
$299.0B
$4.2B
Q2 24
$287.8B
$4.0B
Debt / Equity
EQH
EQH
PRIM
PRIM
Q1 26
0.91×
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×

Cash Flow & Capital Efficiency

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

Metric
EQH
EQH
PRIM
PRIM
Operating Cash FlowLast quarter
$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
EQH
EQH
PRIM
PRIM
Q1 26
Q4 25
$-154.0M
$142.9M
Q3 25
$369.0M
$182.9M
Q2 25
$341.0M
$78.5M
Q1 25
$158.0M
$66.2M
Q4 24
$400.0M
$298.3M
Q3 24
$683.0M
$222.5M
Q2 24
$892.0M
$16.1M
Free Cash Flow
EQH
EQH
PRIM
PRIM
Q1 26
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
FCF Margin
EQH
EQH
PRIM
PRIM
Q1 26
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%
Capex Intensity
EQH
EQH
PRIM
PRIM
Q1 26
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%
Cash Conversion
EQH
EQH
PRIM
PRIM
Q1 26
Q4 25
-0.72×
2.76×
Q3 25
1.93×
Q2 25
0.93×
Q1 25
2.51×
1.50×
Q4 24
0.44×
5.53×
Q3 24
3.81×
Q2 24
2.08×
0.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EQH
EQH

Segment breakdown not available.

PRIM
PRIM

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

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