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Side-by-side financial comparison of ESAB Corp (ESAB) and Primerica, Inc. (PRI). Click either name above to swap in a different company.
Primerica, Inc. is the larger business by last-quarter revenue ($853.7M vs $727.8M, roughly 1.2× ESAB Corp). Primerica, Inc. runs the higher net margin — 23.1% vs 7.5%, a 15.5% gap on every dollar of revenue. On growth, Primerica, Inc. posted the faster year-over-year revenue change (11.0% vs 8.5%). Over the past eight quarters, Primerica, Inc.'s revenue compounded faster (7.2% CAGR vs 2.8%).
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
Primerica, Inc. is a multi-level marketing company that provides insurance, investment and financial services to middle-income families in the United States and Canada.
ESAB vs PRI — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $727.8M | $853.7M |
| Net Profit | $54.8M | $197.0M |
| Gross Margin | 37.0% | — |
| Operating Margin | 14.6% | 28.9% |
| Net Margin | 7.5% | 23.1% |
| Revenue YoY | 8.5% | 11.0% |
| Net Profit YoY | 2.1% | 17.9% |
| EPS (diluted) | $0.90 | $6.11 |
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 | $727.8M | $853.7M | ||
| Q3 25 | $715.6M | $839.9M | ||
| Q2 25 | $678.1M | $793.3M | ||
| Q1 25 | — | $804.8M | ||
| Q4 24 | $670.8M | $768.8M | ||
| Q3 24 | $673.3M | $774.1M | ||
| Q2 24 | $707.1M | $803.4M | ||
| Q1 24 | $689.7M | $742.8M |
| Q4 25 | $54.8M | $197.0M | ||
| Q3 25 | $66.9M | $206.8M | ||
| Q2 25 | $67.4M | $178.3M | ||
| Q1 25 | — | $169.1M | ||
| Q4 24 | $53.7M | $167.1M | ||
| Q3 24 | $68.2M | $164.4M | ||
| Q2 24 | $82.9M | $1.2M | ||
| Q1 24 | $60.0M | $137.9M |
| Q4 25 | 37.0% | — | ||
| Q3 25 | 37.2% | — | ||
| Q2 25 | 37.6% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 38.5% | — | ||
| Q3 24 | 37.7% | — | ||
| Q2 24 | 38.2% | 98.0% | ||
| Q1 24 | 37.0% | 98.2% |
| Q4 25 | 14.6% | 28.9% | ||
| Q3 25 | 15.2% | 32.3% | ||
| Q2 25 | 16.2% | 29.6% | ||
| Q1 25 | — | 27.5% | ||
| Q4 24 | 16.6% | 64.7% | ||
| Q3 24 | 15.7% | 32.9% | ||
| Q2 24 | 16.9% | 1.0% | ||
| Q1 24 | 16.0% | 24.1% |
| Q4 25 | 7.5% | 23.1% | ||
| Q3 25 | 9.3% | 24.6% | ||
| Q2 25 | 9.9% | 22.5% | ||
| Q1 25 | — | 21.0% | ||
| Q4 24 | 8.0% | 21.7% | ||
| Q3 24 | 10.1% | 21.2% | ||
| Q2 24 | 11.7% | 0.1% | ||
| Q1 24 | 8.7% | 18.6% |
| Q4 25 | $0.90 | $6.11 | ||
| Q3 25 | $1.09 | $6.35 | ||
| Q2 25 | $1.10 | $5.40 | ||
| Q1 25 | — | $5.05 | ||
| Q4 24 | $0.87 | $4.92 | ||
| Q3 24 | $1.11 | $4.83 | ||
| Q2 24 | $1.35 | $0.03 | ||
| Q1 24 | $0.98 | $3.93 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $218.2M | $756.2M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $2.1B | $2.4B |
| Total Assets | $4.9B | $15.0B |
| Debt / EquityLower = less leverage | 0.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $218.2M | $756.2M | ||
| Q3 25 | $258.2M | $644.9M | ||
| Q2 25 | $291.3M | $621.2M | ||
| Q1 25 | — | $625.1M | ||
| Q4 24 | $249.4M | $687.8M | ||
| Q3 24 | $253.7M | $550.1M | ||
| Q2 24 | $228.5M | $627.3M | ||
| Q1 24 | $76.5M | $593.4M |
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $992.8M | — |
| Q4 25 | $2.1B | $2.4B | ||
| Q3 25 | $2.1B | $2.3B | ||
| Q2 25 | $1.9B | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | $1.8B | $2.3B | ||
| Q3 24 | $1.8B | $1.9B | ||
| Q2 24 | $1.7B | $2.1B | ||
| Q1 24 | $1.6B | $2.2B |
| Q4 25 | $4.9B | $15.0B | ||
| Q3 25 | $4.4B | $14.8B | ||
| Q2 25 | $4.2B | $14.8B | ||
| Q1 25 | — | $14.6B | ||
| Q4 24 | $4.0B | $14.6B | ||
| Q3 24 | $4.1B | $14.8B | ||
| Q2 24 | $4.0B | $14.6B | ||
| Q1 24 | $3.8B | $14.9B |
| Q4 25 | 0.63× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.59× | — | ||
| Q2 24 | 0.63× | — | ||
| Q1 24 | 0.61× | — |
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 | $81.5M | $338.2M |
| Free Cash FlowOCF − Capex | $70.3M | — |
| FCF MarginFCF / Revenue | 9.7% | — |
| Capex IntensityCapex / Revenue | 1.5% | — |
| Cash ConversionOCF / Net Profit | 1.49× | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $238.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $81.5M | $338.2M | ||
| Q3 25 | $46.6M | $202.9M | ||
| Q2 25 | $35.4M | $162.6M | ||
| Q1 25 | — | $197.5M | ||
| Q4 24 | $126.9M | $270.6M | ||
| Q3 24 | $101.0M | $207.3M | ||
| Q2 24 | $83.0M | $173.3M | ||
| Q1 24 | $44.5M | $210.9M |
| Q4 25 | $70.3M | — | ||
| Q3 25 | $37.4M | — | ||
| Q2 25 | $28.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $102.2M | — | ||
| Q3 24 | $90.4M | — | ||
| Q2 24 | $74.0M | — | ||
| Q1 24 | $37.1M | — |
| Q4 25 | 9.7% | — | ||
| Q3 25 | 5.2% | — | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 15.2% | — | ||
| Q3 24 | 13.4% | — | ||
| Q2 24 | 10.5% | — | ||
| Q1 24 | 5.4% | — |
| Q4 25 | 1.5% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | 1.1% | — |
| Q4 25 | 1.49× | 1.72× | ||
| Q3 25 | 0.70× | 0.98× | ||
| Q2 25 | 0.53× | 0.91× | ||
| Q1 25 | — | 1.17× | ||
| Q4 24 | 2.36× | 1.62× | ||
| Q3 24 | 1.48× | 1.26× | ||
| Q2 24 | 1.00× | 147.98× | ||
| Q1 24 | 0.74× | 1.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESAB
| Consumable Products | $477.9M | 66% |
| Equipment Products | $249.9M | 34% |
PRI
| Revenues From Sources Other Than Contracts With Customers | $445.9M | 52% |
| Investment And Savings Products Segment Revenues | $340.3M | 40% |
| Other | $56.5M | 7% |
| Segment Revenues From Contracts With Customers | $11.0M | 1% |
