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Side-by-side financial comparison of HERBALIFE LTD. (HLF) 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 $1.3B, roughly 1.4× HERBALIFE LTD.). HERBALIFE LTD. runs the higher net margin — 6.7% vs 2.8%, a 3.9% gap on every dollar of revenue. On growth, Primoris Services Corp posted the faster year-over-year revenue change (6.7% vs 6.3%). Primoris Services Corp produced more free cash flow last quarter ($121.1M vs $79.8M). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs 0.7%).

Herbalife Nutrition Ltd., also called Herbalife International, Inc. or simply Herbalife, is an American multinational multi-level marketing (MLM) corporation that develops and sells dietary supplements. The company has been alleged to have fraudulently operated a pyramid scheme; under an SEC agreement in 2016 the compensation and other benefits were restructured to include tying distributor rewards to verifiable sales. Some products sold by Herbalife have caused acute hepatitis. The business...

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.

HLF vs PRIM — Head-to-Head

Bigger by revenue
PRIM
PRIM
1.4× larger
PRIM
$1.9B
$1.3B
HLF
Growing faster (revenue YoY)
PRIM
PRIM
+0.4% gap
PRIM
6.7%
6.3%
HLF
Higher net margin
HLF
HLF
3.9% more per $
HLF
6.7%
2.8%
PRIM
More free cash flow
PRIM
PRIM
$41.3M more FCF
PRIM
$121.1M
$79.8M
HLF
Faster 2-yr revenue CAGR
PRIM
PRIM
Annualised
PRIM
14.7%
0.7%
HLF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HLF
HLF
PRIM
PRIM
Revenue
$1.3B
$1.9B
Net Profit
$85.4M
$51.7M
Gross Margin
77.5%
9.4%
Operating Margin
7.8%
4.2%
Net Margin
6.7%
2.8%
Revenue YoY
6.3%
6.7%
Net Profit YoY
-52.0%
-4.2%
EPS (diluted)
$0.81
$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
HLF
HLF
PRIM
PRIM
Q4 25
$1.3B
$1.9B
Q3 25
$1.3B
$2.2B
Q2 25
$1.3B
$1.9B
Q1 25
$1.2B
$1.6B
Q4 24
$1.2B
$1.7B
Q3 24
$1.2B
$1.6B
Q2 24
$1.3B
$1.6B
Q1 24
$1.3B
$1.4B
Net Profit
HLF
HLF
PRIM
PRIM
Q4 25
$85.4M
$51.7M
Q3 25
$43.2M
$94.6M
Q2 25
$49.3M
$84.3M
Q1 25
$50.4M
$44.2M
Q4 24
$177.9M
$54.0M
Q3 24
$47.4M
$58.4M
Q2 24
$4.7M
$49.5M
Q1 24
$24.3M
$18.9M
Gross Margin
HLF
HLF
PRIM
PRIM
Q4 25
77.5%
9.4%
Q3 25
77.7%
10.8%
Q2 25
78.0%
12.3%
Q1 25
78.3%
10.4%
Q4 24
77.8%
10.6%
Q3 24
78.3%
12.0%
Q2 24
77.9%
11.9%
Q1 24
77.5%
9.4%
Operating Margin
HLF
HLF
PRIM
PRIM
Q4 25
7.8%
4.2%
Q3 25
9.9%
6.3%
Q2 25
10.5%
6.7%
Q1 25
10.1%
4.3%
Q4 24
8.8%
5.0%
Q3 24
10.2%
6.0%
Q2 24
6.3%
5.5%
Q1 24
5.7%
3.1%
Net Margin
HLF
HLF
PRIM
PRIM
Q4 25
6.7%
2.8%
Q3 25
3.4%
4.3%
Q2 25
3.9%
4.5%
Q1 25
4.1%
2.7%
Q4 24
14.7%
3.1%
Q3 24
3.8%
3.5%
Q2 24
0.4%
3.2%
Q1 24
1.9%
1.3%
EPS (diluted)
HLF
HLF
PRIM
PRIM
Q4 25
$0.81
$0.94
Q3 25
$0.42
$1.73
Q2 25
$0.48
$1.54
Q1 25
$0.49
$0.81
Q4 24
$1.75
$0.98
Q3 24
$0.46
$1.07
Q2 24
$0.05
$0.91
Q1 24
$0.24
$0.35

Balance Sheet & Financial Strength

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

Metric
HLF
HLF
PRIM
PRIM
Cash + ST InvestmentsLiquidity on hand
$353.1M
$535.5M
Total DebtLower is stronger
$2.0B
$469.9M
Stockholders' EquityBook value
$-515.1M
$1.7B
Total Assets
$2.8B
$4.4B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLF
HLF
PRIM
PRIM
Q4 25
$353.1M
$535.5M
Q3 25
$305.5M
$431.4M
Q2 25
$320.9M
$390.3M
Q1 25
$329.4M
$351.6M
Q4 24
$415.3M
$455.8M
Q3 24
$402.5M
$352.7M
Q2 24
$374.0M
$207.4M
Q1 24
$398.3M
$177.6M
Total Debt
HLF
HLF
PRIM
PRIM
Q4 25
$2.0B
$469.9M
Q3 25
$2.0B
$486.0M
Q2 25
$2.1B
$603.1M
Q1 25
$2.2B
$612.0M
Q4 24
$2.3B
$734.8M
Q3 24
$2.3B
$903.7M
Q2 24
$2.3B
$933.0M
Q1 24
$2.4B
$951.7M
Stockholders' Equity
HLF
HLF
PRIM
PRIM
Q4 25
$-515.1M
$1.7B
Q3 25
$-612.0M
$1.6B
Q2 25
$-660.5M
$1.5B
Q1 25
$-736.0M
$1.4B
Q4 24
$-801.1M
$1.4B
Q3 24
$-954.2M
$1.4B
Q2 24
$-1.0B
$1.3B
Q1 24
$-1.0B
$1.2B
Total Assets
HLF
HLF
PRIM
PRIM
Q4 25
$2.8B
$4.4B
Q3 25
$2.7B
$4.6B
Q2 25
$2.7B
$4.5B
Q1 25
$2.7B
$4.2B
Q4 24
$2.7B
$4.2B
Q3 24
$2.7B
$4.2B
Q2 24
$2.6B
$4.0B
Q1 24
$2.6B
$4.0B
Debt / Equity
HLF
HLF
PRIM
PRIM
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×
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
HLF
HLF
PRIM
PRIM
Operating Cash FlowLast quarter
$98.3M
$142.9M
Free Cash FlowOCF − Capex
$79.8M
$121.1M
FCF MarginFCF / Revenue
6.2%
6.5%
Capex IntensityCapex / Revenue
1.4%
1.2%
Cash ConversionOCF / Net Profit
1.15×
2.76×
TTM Free Cash FlowTrailing 4 quarters
$252.9M
$340.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLF
HLF
PRIM
PRIM
Q4 25
$98.3M
$142.9M
Q3 25
$138.8M
$182.9M
Q2 25
$96.0M
$78.5M
Q1 25
$200.0K
$66.2M
Q4 24
$69.6M
$298.3M
Q3 24
$99.5M
$222.5M
Q2 24
$102.5M
$16.1M
Q1 24
$13.8M
$-28.5M
Free Cash Flow
HLF
HLF
PRIM
PRIM
Q4 25
$79.8M
$121.1M
Q3 25
$118.0M
$148.4M
Q2 25
$73.2M
$45.3M
Q1 25
$-18.1M
$25.6M
Q4 24
$43.9M
$270.0M
Q3 24
$72.4M
$158.8M
Q2 24
$66.2M
$-8.1M
Q1 24
$-19.1M
$-38.9M
FCF Margin
HLF
HLF
PRIM
PRIM
Q4 25
6.2%
6.5%
Q3 25
9.3%
6.8%
Q2 25
5.8%
2.4%
Q1 25
-1.5%
1.6%
Q4 24
3.6%
15.5%
Q3 24
5.8%
9.6%
Q2 24
5.2%
-0.5%
Q1 24
-1.5%
-2.8%
Capex Intensity
HLF
HLF
PRIM
PRIM
Q4 25
1.4%
1.2%
Q3 25
1.6%
1.6%
Q2 25
1.8%
1.8%
Q1 25
1.5%
2.5%
Q4 24
2.1%
1.6%
Q3 24
2.2%
3.9%
Q2 24
2.8%
1.5%
Q1 24
2.6%
0.7%
Cash Conversion
HLF
HLF
PRIM
PRIM
Q4 25
1.15×
2.76×
Q3 25
3.21×
1.93×
Q2 25
1.95×
0.93×
Q1 25
0.00×
1.50×
Q4 24
0.39×
5.53×
Q3 24
2.10×
3.81×
Q2 24
21.81×
0.32×
Q1 24
0.57×
-1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HLF
HLF

Others$514.4M40%
Other$300.0M23%
IN$250.3M20%
MX$147.2M11%
VN$71.1M6%

PRIM
PRIM

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

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