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Side-by-side financial comparison of KeyCorp (KEY) and Primoris Services Corp (PRIM). Click either name above to swap in a different company.
KeyCorp is the larger business by last-quarter revenue ($2.0B vs $1.9B, roughly 1.1× Primoris Services Corp). KeyCorp runs the higher net margin — 25.4% vs 2.8%, a 22.7% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 6.7%). KeyCorp produced more free cash flow last quarter ($2.1B vs $121.1M). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs 14.4%).
Key is a Japanese visual novel studio known for making dramatic and plot-oriented titles. It was formed on July 21, 1998, as a brand under the publisher Visual Arts, and is located in Kita, Osaka.
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.
KEY vs PRIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.9B |
| Net Profit | $510.0M | $51.7M |
| Gross Margin | — | 9.4% |
| Operating Margin | 32.3% | 4.2% |
| Net Margin | 25.4% | 2.8% |
| Revenue YoY | 131.8% | 6.7% |
| Net Profit YoY | 309.0% | -4.2% |
| EPS (diluted) | $0.43 | $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.
| Q4 25 | $2.0B | $1.9B | ||
| Q3 25 | $1.9B | $2.2B | ||
| Q2 25 | $1.8B | $1.9B | ||
| Q1 25 | $1.8B | $1.6B | ||
| Q4 24 | $865.0M | $1.7B | ||
| Q3 24 | $695.0M | $1.6B | ||
| Q2 24 | $1.5B | $1.6B | ||
| Q1 24 | $1.5B | $1.4B |
| Q4 25 | $510.0M | $51.7M | ||
| Q3 25 | $489.0M | $94.6M | ||
| Q2 25 | $425.0M | $84.3M | ||
| Q1 25 | $405.0M | $44.2M | ||
| Q4 24 | $-244.0M | $54.0M | ||
| Q3 24 | $-410.0M | $58.4M | ||
| Q2 24 | $274.0M | $49.5M | ||
| Q1 24 | $219.0M | $18.9M |
| 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% |
| Q4 25 | 32.3% | 4.2% | ||
| Q3 25 | 31.8% | 6.3% | ||
| Q2 25 | 29.3% | 6.7% | ||
| Q1 25 | 29.0% | 4.3% | ||
| Q4 24 | -92.6% | 5.0% | ||
| Q3 24 | -72.8% | 6.0% | ||
| Q2 24 | 22.0% | 5.5% | ||
| Q1 24 | 18.1% | 3.1% |
| Q4 25 | 25.4% | 2.8% | ||
| Q3 25 | 25.8% | 4.3% | ||
| Q2 25 | 23.1% | 4.5% | ||
| Q1 25 | 22.8% | 2.7% | ||
| Q4 24 | -54.7% | 3.1% | ||
| Q3 24 | -59.0% | 3.5% | ||
| Q2 24 | 18.0% | 3.2% | ||
| Q1 24 | 14.3% | 1.3% |
| Q4 25 | $0.43 | $0.94 | ||
| Q3 25 | $0.41 | $1.73 | ||
| Q2 25 | $0.35 | $1.54 | ||
| Q1 25 | $0.33 | $0.81 | ||
| Q4 24 | $-0.30 | $0.98 | ||
| Q3 24 | $-0.47 | $1.07 | ||
| Q2 24 | $0.25 | $0.91 | ||
| Q1 24 | $0.20 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.2B | $535.5M |
| Total DebtLower is stronger | $9.9B | $469.9M |
| Stockholders' EquityBook value | $20.4B | $1.7B |
| Total Assets | $184.4B | $4.4B |
| Debt / EquityLower = less leverage | 0.49× | 0.28× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.2B | $535.5M | ||
| Q3 25 | $13.3B | $431.4M | ||
| Q2 25 | $11.6B | $390.3M | ||
| Q1 25 | $15.3B | $351.6M | ||
| Q4 24 | $17.5B | $455.8M | ||
| Q3 24 | $22.8B | $352.7M | ||
| Q2 24 | $15.5B | $207.4M | ||
| Q1 24 | $13.2B | $177.6M |
| Q4 25 | $9.9B | $469.9M | ||
| Q3 25 | $10.9B | $486.0M | ||
| Q2 25 | $12.1B | $603.1M | ||
| Q1 25 | $12.4B | $612.0M | ||
| Q4 24 | $12.1B | $734.8M | ||
| Q3 24 | $15.7B | $903.7M | ||
| Q2 24 | $16.9B | $933.0M | ||
| Q1 24 | $20.8B | $951.7M |
| Q4 25 | $20.4B | $1.7B | ||
| Q3 25 | $20.1B | $1.6B | ||
| Q2 25 | $19.5B | $1.5B | ||
| Q1 25 | $19.0B | $1.4B | ||
| Q4 24 | $18.2B | $1.4B | ||
| Q3 24 | $16.9B | $1.4B | ||
| Q2 24 | $14.8B | $1.3B | ||
| Q1 24 | $14.5B | $1.2B |
| Q4 25 | $184.4B | $4.4B | ||
| Q3 25 | $187.4B | $4.6B | ||
| Q2 25 | $185.5B | $4.5B | ||
| Q1 25 | $188.7B | $4.2B | ||
| Q4 24 | $187.2B | $4.2B | ||
| Q3 24 | $189.8B | $4.2B | ||
| Q2 24 | $187.4B | $4.0B | ||
| Q1 24 | $187.5B | $4.0B |
| Q4 25 | 0.49× | 0.28× | ||
| Q3 25 | 0.54× | 0.30× | ||
| Q2 25 | 0.62× | 0.39× | ||
| Q1 25 | 0.65× | 0.42× | ||
| Q4 24 | 0.67× | 0.52× | ||
| Q3 24 | 0.93× | 0.67× | ||
| Q2 24 | 1.14× | 0.72× | ||
| Q1 24 | 1.43× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.2B | $142.9M |
| Free Cash FlowOCF − Capex | $2.1B | $121.1M |
| FCF MarginFCF / Revenue | 104.8% | 6.5% |
| Capex IntensityCapex / Revenue | 5.3% | 1.2% |
| Cash ConversionOCF / Net Profit | 4.33× | 2.76× |
| TTM Free Cash FlowTrailing 4 quarters | $3.5B | $340.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.2B | $142.9M | ||
| Q3 25 | $396.0M | $182.9M | ||
| Q2 25 | $1.2B | $78.5M | ||
| Q1 25 | $-140.0M | $66.2M | ||
| Q4 24 | $664.0M | $298.3M | ||
| Q3 24 | $-1.2B | $222.5M | ||
| Q2 24 | $-217.0M | $16.1M | ||
| Q1 24 | $359.0M | $-28.5M |
| Q4 25 | $2.1B | $121.1M | ||
| Q3 25 | $367.0M | $148.4M | ||
| Q2 25 | $1.2B | $45.3M | ||
| Q1 25 | $-150.0M | $25.6M | ||
| Q4 24 | $599.0M | $270.0M | ||
| Q3 24 | $-1.2B | $158.8M | ||
| Q2 24 | $-230.0M | $-8.1M | ||
| Q1 24 | $347.0M | $-38.9M |
| Q4 25 | 104.8% | 6.5% | ||
| Q3 25 | 19.4% | 6.8% | ||
| Q2 25 | 65.8% | 2.4% | ||
| Q1 25 | -8.5% | 1.6% | ||
| Q4 24 | 69.2% | 15.5% | ||
| Q3 24 | -175.8% | 9.6% | ||
| Q2 24 | -15.1% | -0.5% | ||
| Q1 24 | 22.6% | -2.8% |
| Q4 25 | 5.3% | 1.2% | ||
| Q3 25 | 1.5% | 1.6% | ||
| Q2 25 | 1.3% | 1.8% | ||
| Q1 25 | 0.6% | 2.5% | ||
| Q4 24 | 7.5% | 1.6% | ||
| Q3 24 | 2.4% | 3.9% | ||
| Q2 24 | 0.9% | 1.5% | ||
| Q1 24 | 0.8% | 0.7% |
| Q4 25 | 4.33× | 2.76× | ||
| Q3 25 | 0.81× | 1.93× | ||
| Q2 25 | 2.90× | 0.93× | ||
| Q1 25 | -0.35× | 1.50× | ||
| Q4 24 | — | 5.53× | ||
| Q3 24 | — | 3.81× | ||
| Q2 24 | -0.79× | 0.32× | ||
| Q1 24 | 1.64× | -1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KEY
Segment breakdown not available.
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
