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Side-by-side financial comparison of TechnipFMC plc (FTI) and Primo Brands Corp (PRMB). Click either name above to swap in a different company.

TechnipFMC plc is the larger business by last-quarter revenue ($2.5B vs $1.6B, roughly 1.6× Primo Brands Corp). TechnipFMC plc runs the higher net margin — 10.5% vs -0.8%, a 11.3% gap on every dollar of revenue. TechnipFMC plc produced more free cash flow last quarter ($276.9M vs $57.3M).

TechnipFMC plc is a French-American, UK-domiciled global oil and gas company that provides services for the energy industry. The company was formed by the merger of FMC Technologies of the United States and Technip of France that was announced in 2016 and completed in 2017.

Primo Brands Corporation is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe and Israel.

FTI vs PRMB — Head-to-Head

Bigger by revenue
FTI
FTI
1.6× larger
FTI
$2.5B
$1.6B
PRMB
Higher net margin
FTI
FTI
11.3% more per $
FTI
10.5%
-0.8%
PRMB
More free cash flow
FTI
FTI
$219.6M more FCF
FTI
$276.9M
$57.3M
PRMB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FTI
FTI
PRMB
PRMB
Revenue
$2.5B
$1.6B
Net Profit
$260.5M
$-13.0M
Gross Margin
27.7%
Operating Margin
14.0%
1.2%
Net Margin
10.5%
-0.8%
Revenue YoY
11.6%
Net Profit YoY
7.3%
EPS (diluted)
$0.64
$-0.03

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
FTI
FTI
PRMB
PRMB
Q1 26
$2.5B
Q4 25
$2.5B
$1.6B
Q3 25
$2.6B
$1.8B
Q2 25
$2.5B
$1.7B
Q1 25
$2.2B
$1.6B
Q4 24
$2.4B
Q3 24
$2.3B
$0
Q2 24
$2.3B
$1.3B
Net Profit
FTI
FTI
PRMB
PRMB
Q1 26
$260.5M
Q4 25
$242.7M
$-13.0M
Q3 25
$309.7M
$16.8M
Q2 25
$269.5M
$27.6M
Q1 25
$142.0M
$28.7M
Q4 24
$224.7M
Q3 24
$274.6M
$-2.0K
Q2 24
$186.5M
$54.5M
Gross Margin
FTI
FTI
PRMB
PRMB
Q1 26
Q4 25
27.7%
Q3 25
29.9%
Q2 25
23.1%
31.3%
Q1 25
20.5%
32.3%
Q4 24
Q3 24
Q2 24
21.2%
32.7%
Operating Margin
FTI
FTI
PRMB
PRMB
Q1 26
14.0%
Q4 25
12.6%
1.2%
Q3 25
16.5%
8.3%
Q2 25
15.9%
6.5%
Q1 25
12.5%
9.5%
Q4 24
11.3%
Q3 24
13.7%
Q2 24
13.3%
12.1%
Net Margin
FTI
FTI
PRMB
PRMB
Q1 26
10.5%
Q4 25
9.6%
-0.8%
Q3 25
11.7%
1.0%
Q2 25
10.6%
1.6%
Q1 25
6.4%
1.8%
Q4 24
9.5%
Q3 24
11.7%
Q2 24
8.0%
4.1%
EPS (diluted)
FTI
FTI
PRMB
PRMB
Q1 26
$0.64
Q4 25
$0.58
$-0.03
Q3 25
$0.75
$0.04
Q2 25
$0.64
$0.07
Q1 25
$0.33
$0.08
Q4 24
$0.51
Q3 24
$0.63
$-20.00
Q2 24
$0.42
$0.25

Balance Sheet & Financial Strength

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

Metric
FTI
FTI
PRMB
PRMB
Cash + ST InvestmentsLiquidity on hand
$960.8M
$376.7M
Total DebtLower is stronger
$384.0M
$5.2B
Stockholders' EquityBook value
$3.0B
Total Assets
$10.1B
$10.6B
Debt / EquityLower = less leverage
1.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTI
FTI
PRMB
PRMB
Q1 26
$960.8M
Q4 25
$1.0B
$376.7M
Q3 25
$876.6M
Q2 25
$950.0M
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
Q2 24
Total Debt
FTI
FTI
PRMB
PRMB
Q1 26
$384.0M
Q4 25
$430.0M
$5.2B
Q3 25
$438.0M
$5.1B
Q2 25
$696.3M
$5.1B
Q1 25
$904.9M
$5.0B
Q4 24
$885.2M
Q3 24
$966.7M
Q2 24
$968.4M
Stockholders' Equity
FTI
FTI
PRMB
PRMB
Q1 26
Q4 25
$3.4B
$3.0B
Q3 25
$3.3B
$3.2B
Q2 25
$3.3B
$3.2B
Q1 25
$3.1B
$3.3B
Q4 24
$3.1B
Q3 24
$3.3B
$-2.0K
Q2 24
$3.0B
$-296.8M
Total Assets
FTI
FTI
PRMB
PRMB
Q1 26
$10.1B
Q4 25
$10.1B
$10.6B
Q3 25
$10.3B
$11.0B
Q2 25
$10.1B
$11.0B
Q1 25
$10.0B
$11.0B
Q4 24
$9.9B
Q3 24
$9.7B
$0
Q2 24
$9.2B
Debt / Equity
FTI
FTI
PRMB
PRMB
Q1 26
Q4 25
0.13×
1.72×
Q3 25
0.13×
1.61×
Q2 25
0.21×
1.57×
Q1 25
0.29×
1.51×
Q4 24
0.29×
Q3 24
0.30×
Q2 24
0.33×

Cash Flow & Capital Efficiency

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

Metric
FTI
FTI
PRMB
PRMB
Operating Cash FlowLast quarter
$203.1M
Free Cash FlowOCF − Capex
$276.9M
$57.3M
FCF MarginFCF / Revenue
11.1%
3.7%
Capex IntensityCapex / Revenue
2.2%
9.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.3B
$302.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTI
FTI
PRMB
PRMB
Q1 26
Q4 25
$453.6M
$203.1M
Q3 25
$525.1M
$283.4M
Q2 25
$344.2M
$155.0M
Q1 25
$441.7M
$38.8M
Q4 24
$578.9M
Q3 24
$277.9M
$0
Q2 24
$230.9M
$102.5M
Free Cash Flow
FTI
FTI
PRMB
PRMB
Q1 26
$276.9M
Q4 25
$359.1M
$57.3M
Q3 25
$447.8M
$167.7M
Q2 25
$260.6M
$101.1M
Q1 25
$379.9M
$-23.2M
Q4 24
$452.7M
Q3 24
$225.3M
Q2 24
$180.1M
$61.4M
FCF Margin
FTI
FTI
PRMB
PRMB
Q1 26
11.1%
Q4 25
14.3%
3.7%
Q3 25
16.9%
9.5%
Q2 25
10.3%
5.8%
Q1 25
17.0%
-1.4%
Q4 24
19.1%
Q3 24
9.6%
Q2 24
7.7%
4.7%
Capex Intensity
FTI
FTI
PRMB
PRMB
Q1 26
2.2%
Q4 25
3.8%
9.4%
Q3 25
2.9%
6.6%
Q2 25
3.3%
3.1%
Q1 25
2.8%
3.8%
Q4 24
5.3%
Q3 24
2.2%
Q2 24
2.2%
3.1%
Cash Conversion
FTI
FTI
PRMB
PRMB
Q1 26
Q4 25
1.87×
Q3 25
1.70×
16.87×
Q2 25
1.28×
5.62×
Q1 25
3.11×
1.35×
Q4 24
2.58×
Q3 24
1.01×
Q2 24
1.24×
1.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTI
FTI

Segment breakdown not available.

PRMB
PRMB

Regional Spring Water$765.1M49%
Purified Water$484.5M31%
Other$188.4M12%
Premium Water$90.3M6%
Other Water$25.8M2%

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