vs

Side-by-side financial comparison of FLOWERS FOODS INC (FLO) 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 1.5× FLOWERS FOODS INC). On growth, FLOWERS FOODS INC posted the faster year-over-year revenue change (11.0% vs 6.7%). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs -11.6%).

Flowers Foods, headquartered in Thomasville, Georgia, is a producer and marketer of packaged bakery foods in the United States. The company operates 44 bakeries across 19 states that produce a variety of products, including bread, buns, rolls, snack cakes, pastries, and tortillas. As of February 2013, Flowers Foods had grown to be the "second-largest baking company in the United States."

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.

FLO vs PRIM — Head-to-Head

Bigger by revenue
PRIM
PRIM
1.5× larger
PRIM
$1.9B
$1.2B
FLO
Growing faster (revenue YoY)
FLO
FLO
+4.3% gap
FLO
11.0%
6.7%
PRIM
Faster 2-yr revenue CAGR
PRIM
PRIM
Annualised
PRIM
14.7%
-11.6%
FLO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FLO
FLO
PRIM
PRIM
Revenue
$1.2B
$1.9B
Net Profit
$51.7M
Gross Margin
9.4%
Operating Margin
4.2%
Net Margin
2.8%
Revenue YoY
11.0%
6.7%
Net Profit YoY
-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
FLO
FLO
PRIM
PRIM
Q4 25
$1.2B
$1.9B
Q3 25
$1.2B
$2.2B
Q2 25
$1.6B
$1.9B
Q1 25
$1.6B
Q4 24
$1.2B
$1.7B
Q3 24
$1.2B
$1.6B
Q2 24
$1.6B
$1.6B
Q1 24
$1.4B
Net Profit
FLO
FLO
PRIM
PRIM
Q4 25
$39.5M
$51.7M
Q3 25
$58.4M
$94.6M
Q2 25
$53.0M
$84.3M
Q1 25
$44.2M
Q4 24
$65.0M
$54.0M
Q3 24
$67.0M
$58.4M
Q2 24
$73.0M
$49.5M
Q1 24
$18.9M
Gross Margin
FLO
FLO
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
FLO
FLO
PRIM
PRIM
Q4 25
5.4%
4.2%
Q3 25
7.5%
6.3%
Q2 25
5.5%
6.7%
Q1 25
4.3%
Q4 24
7.6%
5.0%
Q3 24
7.8%
6.0%
Q2 24
6.4%
5.5%
Q1 24
3.1%
Net Margin
FLO
FLO
PRIM
PRIM
Q4 25
3.2%
2.8%
Q3 25
4.7%
4.3%
Q2 25
3.4%
4.5%
Q1 25
2.7%
Q4 24
5.5%
3.1%
Q3 24
5.5%
3.5%
Q2 24
4.6%
3.2%
Q1 24
1.3%
EPS (diluted)
FLO
FLO
PRIM
PRIM
Q4 25
$0.19
$0.94
Q3 25
$0.28
$1.73
Q2 25
$0.25
$1.54
Q1 25
$0.81
Q4 24
$0.31
$0.98
Q3 24
$0.32
$1.07
Q2 24
$0.34
$0.91
Q1 24
$0.35

Balance Sheet & Financial Strength

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

Metric
FLO
FLO
PRIM
PRIM
Cash + ST InvestmentsLiquidity on hand
$12.1M
$535.5M
Total DebtLower is stronger
$469.9M
Stockholders' EquityBook value
$1.7B
Total Assets
$4.2B
$4.4B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLO
FLO
PRIM
PRIM
Q4 25
$16.7M
$535.5M
Q3 25
$11.0M
$431.4M
Q2 25
$7.3M
$390.3M
Q1 25
$351.6M
Q4 24
$15.0M
$455.8M
Q3 24
$6.9M
$352.7M
Q2 24
$15.8M
$207.4M
Q1 24
$177.6M
Total Debt
FLO
FLO
PRIM
PRIM
Q4 25
$1.8B
$469.9M
Q3 25
$1.7B
$486.0M
Q2 25
$1.8B
$603.1M
Q1 25
$612.0M
Q4 24
$1.1B
$734.8M
Q3 24
$1.1B
$903.7M
Q2 24
$1.0B
$933.0M
Q1 24
$951.7M
Stockholders' Equity
FLO
FLO
PRIM
PRIM
Q4 25
$1.4B
$1.7B
Q3 25
$1.4B
$1.6B
Q2 25
$1.4B
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
$1.4B
Q3 24
$1.4B
$1.4B
Q2 24
$1.4B
$1.3B
Q1 24
$1.2B
Total Assets
FLO
FLO
PRIM
PRIM
Q4 25
$4.3B
$4.4B
Q3 25
$4.3B
$4.6B
Q2 25
$4.3B
$4.5B
Q1 25
$4.2B
Q4 24
$3.4B
$4.2B
Q3 24
$3.4B
$4.2B
Q2 24
$3.4B
$4.0B
Q1 24
$4.0B
Debt / Equity
FLO
FLO
PRIM
PRIM
Q4 25
1.25×
0.28×
Q3 25
1.23×
0.30×
Q2 25
1.26×
0.39×
Q1 25
0.42×
Q4 24
0.75×
0.52×
Q3 24
0.77×
0.67×
Q2 24
0.76×
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
FLO
FLO
PRIM
PRIM
Operating Cash FlowLast quarter
$125.4M
$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
FLO
FLO
PRIM
PRIM
Q4 25
$54.4M
$142.9M
Q3 25
$130.8M
$182.9M
Q2 25
$135.6M
$78.5M
Q1 25
$66.2M
Q4 24
$113.9M
$298.3M
Q3 24
$63.3M
$222.5M
Q2 24
$105.1M
$16.1M
Q1 24
$-28.5M
Free Cash Flow
FLO
FLO
PRIM
PRIM
Q4 25
$30.4M
$121.1M
Q3 25
$100.0M
$148.4M
Q2 25
$110.1M
$45.3M
Q1 25
$25.6M
Q4 24
$88.6M
$270.0M
Q3 24
$35.4M
$158.8M
Q2 24
$71.8M
$-8.1M
Q1 24
$-38.9M
FCF Margin
FLO
FLO
PRIM
PRIM
Q4 25
2.5%
6.5%
Q3 25
8.0%
6.8%
Q2 25
7.1%
2.4%
Q1 25
1.6%
Q4 24
7.4%
15.5%
Q3 24
2.9%
9.6%
Q2 24
4.6%
-0.5%
Q1 24
-2.8%
Capex Intensity
FLO
FLO
PRIM
PRIM
Q4 25
2.0%
1.2%
Q3 25
2.5%
1.6%
Q2 25
1.6%
1.8%
Q1 25
2.5%
Q4 24
2.1%
1.6%
Q3 24
2.3%
3.9%
Q2 24
2.1%
1.5%
Q1 24
0.7%
Cash Conversion
FLO
FLO
PRIM
PRIM
Q4 25
1.38×
2.76×
Q3 25
2.24×
1.93×
Q2 25
2.56×
0.93×
Q1 25
1.50×
Q4 24
1.75×
5.53×
Q3 24
0.94×
3.81×
Q2 24
1.44×
0.32×
Q1 24
-1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLO
FLO

Segment breakdown not available.

PRIM
PRIM

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

Related Comparisons