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Side-by-side financial comparison of Jefferies Financial Group Inc. (JEF) 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 $1.7B, roughly 1.1× Jefferies Financial Group Inc.). Jefferies Financial Group Inc. runs the higher net margin — 12.6% vs 2.8%, a 9.9% gap on every dollar of revenue. Jefferies Financial Group Inc. produced more free cash flow last quarter ($1.9B vs $121.1M).

Jefferies Financial Group Inc. is an American financial services company based in New York City. It is listed on the New York Stock Exchange and is a part of the Fortune 1000.

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.

JEF vs PRIM — Head-to-Head

Bigger by revenue
PRIM
PRIM
1.1× larger
PRIM
$1.9B
$1.7B
JEF
Higher net margin
JEF
JEF
9.9% more per $
JEF
12.6%
2.8%
PRIM
More free cash flow
JEF
JEF
$1.8B more FCF
JEF
$1.9B
$121.1M
PRIM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
JEF
JEF
PRIM
PRIM
Revenue
$1.7B
$1.9B
Net Profit
$211.3M
$51.7M
Gross Margin
95.7%
9.4%
Operating Margin
15.2%
4.2%
Net Margin
12.6%
2.8%
Revenue YoY
6.7%
Net Profit YoY
-4.2%
EPS (diluted)
$0.85
$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
JEF
JEF
PRIM
PRIM
Q4 25
$1.7B
$1.9B
Q3 25
$1.5B
$2.2B
Q2 25
$1.2B
$1.9B
Q1 25
$1.1B
$1.6B
Q4 24
$1.7B
Q3 24
$1.2B
$1.6B
Q2 24
$1.0B
$1.6B
Q1 24
$971.2M
$1.4B
Net Profit
JEF
JEF
PRIM
PRIM
Q4 25
$211.3M
$51.7M
Q3 25
$242.5M
$94.6M
Q2 25
$91.4M
$84.3M
Q1 25
$136.8M
$44.2M
Q4 24
$54.0M
Q3 24
$181.0M
$58.4M
Q2 24
$154.7M
$49.5M
Q1 24
$156.4M
$18.9M
Gross Margin
JEF
JEF
PRIM
PRIM
Q4 25
95.7%
9.4%
Q3 25
97.7%
10.8%
Q2 25
96.5%
12.3%
Q1 25
96.4%
10.4%
Q4 24
10.6%
Q3 24
96.9%
12.0%
Q2 24
96.4%
11.9%
Q1 24
96.4%
9.4%
Operating Margin
JEF
JEF
PRIM
PRIM
Q4 25
15.2%
4.2%
Q3 25
22.1%
6.3%
Q2 25
11.0%
6.7%
Q1 25
13.2%
4.3%
Q4 24
5.0%
Q3 24
20.7%
6.0%
Q2 24
22.0%
5.5%
Q1 24
22.7%
3.1%
Net Margin
JEF
JEF
PRIM
PRIM
Q4 25
12.6%
2.8%
Q3 25
16.1%
4.3%
Q2 25
7.4%
4.5%
Q1 25
12.0%
2.7%
Q4 24
3.1%
Q3 24
14.8%
3.5%
Q2 24
14.9%
3.2%
Q1 24
16.1%
1.3%
EPS (diluted)
JEF
JEF
PRIM
PRIM
Q4 25
$0.85
$0.94
Q3 25
$1.01
$1.73
Q2 25
$0.40
$1.54
Q1 25
$0.57
$0.81
Q4 24
$0.98
Q3 24
$0.75
$1.07
Q2 24
$0.64
$0.91
Q1 24
$0.66
$0.35

Balance Sheet & Financial Strength

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

Metric
JEF
JEF
PRIM
PRIM
Cash + ST InvestmentsLiquidity on hand
$14.0B
$535.5M
Total DebtLower is stronger
$15.9B
$469.9M
Stockholders' EquityBook value
$10.6B
$1.7B
Total Assets
$76.0B
$4.4B
Debt / EquityLower = less leverage
1.50×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JEF
JEF
PRIM
PRIM
Q4 25
$14.0B
$535.5M
Q3 25
$11.5B
$431.4M
Q2 25
$11.3B
$390.3M
Q1 25
$11.2B
$351.6M
Q4 24
$455.8M
Q3 24
$10.6B
$352.7M
Q2 24
$10.8B
$207.4M
Q1 24
$7.6B
$177.6M
Total Debt
JEF
JEF
PRIM
PRIM
Q4 25
$15.9B
$469.9M
Q3 25
$16.0B
$486.0M
Q2 25
$15.4B
$603.1M
Q1 25
$14.8B
$612.0M
Q4 24
$734.8M
Q3 24
$12.9B
$903.7M
Q2 24
$12.7B
$933.0M
Q1 24
$9.9B
$951.7M
Stockholders' Equity
JEF
JEF
PRIM
PRIM
Q4 25
$10.6B
$1.7B
Q3 25
$10.4B
$1.6B
Q2 25
$10.3B
$1.5B
Q1 25
$10.2B
$1.4B
Q4 24
$1.4B
Q3 24
$10.0B
$1.4B
Q2 24
$9.9B
$1.3B
Q1 24
$9.8B
$1.2B
Total Assets
JEF
JEF
PRIM
PRIM
Q4 25
$76.0B
$4.4B
Q3 25
$69.3B
$4.6B
Q2 25
$67.3B
$4.5B
Q1 25
$70.2B
$4.2B
Q4 24
$4.2B
Q3 24
$63.3B
$4.2B
Q2 24
$63.0B
$4.0B
Q1 24
$60.9B
$4.0B
Debt / Equity
JEF
JEF
PRIM
PRIM
Q4 25
1.50×
0.28×
Q3 25
1.53×
0.30×
Q2 25
1.49×
0.39×
Q1 25
1.45×
0.42×
Q4 24
0.52×
Q3 24
1.29×
0.67×
Q2 24
1.28×
0.72×
Q1 24
1.01×
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
JEF
JEF
PRIM
PRIM
Operating Cash FlowLast quarter
$2.0B
$142.9M
Free Cash FlowOCF − Capex
$1.9B
$121.1M
FCF MarginFCF / Revenue
114.2%
6.5%
Capex IntensityCapex / Revenue
3.4%
1.2%
Cash ConversionOCF / Net Profit
9.30×
2.76×
TTM Free Cash FlowTrailing 4 quarters
$-1.7B
$340.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JEF
JEF
PRIM
PRIM
Q4 25
$2.0B
$142.9M
Q3 25
$184.2M
$182.9M
Q2 25
$-978.3M
$78.5M
Q1 25
$-2.7B
$66.2M
Q4 24
$298.3M
Q3 24
$222.5M
Q2 24
$16.1M
Q1 24
$-1.3B
$-28.5M
Free Cash Flow
JEF
JEF
PRIM
PRIM
Q4 25
$1.9B
$121.1M
Q3 25
$126.0M
$148.4M
Q2 25
$-1.0B
$45.3M
Q1 25
$-2.7B
$25.6M
Q4 24
$270.0M
Q3 24
$158.8M
Q2 24
$-8.1M
Q1 24
$-1.4B
$-38.9M
FCF Margin
JEF
JEF
PRIM
PRIM
Q4 25
114.2%
6.5%
Q3 25
8.4%
6.8%
Q2 25
-83.3%
2.4%
Q1 25
-237.2%
1.6%
Q4 24
15.5%
Q3 24
9.6%
Q2 24
-0.5%
Q1 24
-139.4%
-2.8%
Capex Intensity
JEF
JEF
PRIM
PRIM
Q4 25
3.4%
1.2%
Q3 25
3.9%
1.6%
Q2 25
3.6%
1.8%
Q1 25
4.3%
2.5%
Q4 24
1.6%
Q3 24
3.9%
Q2 24
1.5%
Q1 24
9.9%
0.7%
Cash Conversion
JEF
JEF
PRIM
PRIM
Q4 25
9.30×
2.76×
Q3 25
0.76×
1.93×
Q2 25
-10.70×
0.93×
Q1 25
-19.48×
1.50×
Q4 24
5.53×
Q3 24
3.81×
Q2 24
0.32×
Q1 24
-8.04×
-1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JEF
JEF

Investment Banking Underwriting$555.6M33%
Principal Transactions Revenue$378.3M23%
Commissions And Other Fees$356.0M21%
Other$177.8M11%
Internet Connection And Boadband Revenue$57.0M3%
Other Sources Of Revenue Miscellaneous$53.3M3%
Real Estate$50.7M3%
Strategic Affiliates Revenue$13.8M1%
Asset Management1$12.1M1%
Fixed Income Services$1.6M0%

PRIM
PRIM

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

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