vs

Side-by-side financial comparison of OLD REPUBLIC INTERNATIONAL CORP (ORI) and Primoris Services Corp (PRIM). Click either name above to swap in a different company.

OLD REPUBLIC INTERNATIONAL CORP is the larger business by last-quarter revenue ($2.4B vs $1.9B, roughly 1.3× Primoris Services Corp). OLD REPUBLIC INTERNATIONAL CORP runs the higher net margin — 13.8% vs 2.8%, a 11.0% gap on every dollar of revenue. On growth, OLD REPUBLIC INTERNATIONAL CORP posted the faster year-over-year revenue change (6.7% vs 6.7%). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs 13.2%).

Old Republic International Corporation is an American property insurance and title insurance company. The company is headquartered in Chicago, Illinois.

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.

ORI vs PRIM — Head-to-Head

Bigger by revenue
ORI
ORI
1.3× larger
ORI
$2.4B
$1.9B
PRIM
Growing faster (revenue YoY)
ORI
ORI
+0.1% gap
ORI
6.7%
6.7%
PRIM
Higher net margin
ORI
ORI
11.0% more per $
ORI
13.8%
2.8%
PRIM
Faster 2-yr revenue CAGR
PRIM
PRIM
Annualised
PRIM
14.7%
13.2%
ORI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ORI
ORI
PRIM
PRIM
Revenue
$2.4B
$1.9B
Net Profit
$330.0M
$51.7M
Gross Margin
9.4%
Operating Margin
4.2%
Net Margin
13.8%
2.8%
Revenue YoY
6.7%
6.7%
Net Profit YoY
34.7%
-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
ORI
ORI
PRIM
PRIM
Q1 26
$2.4B
Q4 25
$2.4B
$1.9B
Q3 25
$2.4B
$2.2B
Q2 25
$2.2B
$1.9B
Q1 25
$2.1B
$1.6B
Q4 24
$2.0B
$1.7B
Q3 24
$2.3B
$1.6B
Q2 24
$1.9B
$1.6B
Net Profit
ORI
ORI
PRIM
PRIM
Q1 26
$330.0M
Q4 25
$206.5M
$51.7M
Q3 25
$279.5M
$94.6M
Q2 25
$204.4M
$84.3M
Q1 25
$245.0M
$44.2M
Q4 24
$105.3M
$54.0M
Q3 24
$338.9M
$58.4M
Q2 24
$91.8M
$49.5M
Gross Margin
ORI
ORI
PRIM
PRIM
Q1 26
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%
Operating Margin
ORI
ORI
PRIM
PRIM
Q1 26
Q4 25
4.2%
Q3 25
14.6%
6.3%
Q2 25
11.8%
6.7%
Q1 25
14.6%
4.3%
Q4 24
5.0%
Q3 24
18.2%
6.0%
Q2 24
6.1%
5.5%
Net Margin
ORI
ORI
PRIM
PRIM
Q1 26
13.8%
Q4 25
8.6%
2.8%
Q3 25
11.5%
4.3%
Q2 25
9.3%
4.5%
Q1 25
11.6%
2.7%
Q4 24
5.3%
3.1%
Q3 24
14.5%
3.5%
Q2 24
4.9%
3.2%
EPS (diluted)
ORI
ORI
PRIM
PRIM
Q1 26
Q4 25
$0.82
$0.94
Q3 25
$1.11
$1.73
Q2 25
$0.81
$1.54
Q1 25
$0.98
$0.81
Q4 24
$0.42
$0.98
Q3 24
$1.32
$1.07
Q2 24
$0.35
$0.91

Balance Sheet & Financial Strength

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

Metric
ORI
ORI
PRIM
PRIM
Cash + ST InvestmentsLiquidity on hand
$535.5M
Total DebtLower is stronger
$469.9M
Stockholders' EquityBook value
$5.9M
$1.7B
Total Assets
$29.6M
$4.4B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORI
ORI
PRIM
PRIM
Q1 26
Q4 25
$535.5M
Q3 25
$431.4M
Q2 25
$390.3M
Q1 25
$351.6M
Q4 24
$455.8M
Q3 24
$352.7M
Q2 24
$207.4M
Total Debt
ORI
ORI
PRIM
PRIM
Q1 26
Q4 25
$469.9M
Q3 25
$486.0M
Q2 25
$603.1M
Q1 25
$612.0M
Q4 24
$734.8M
Q3 24
$903.7M
Q2 24
$933.0M
Stockholders' Equity
ORI
ORI
PRIM
PRIM
Q1 26
$5.9M
Q4 25
$5.9B
$1.7B
Q3 25
$6.4B
$1.6B
Q2 25
$6.2B
$1.5B
Q1 25
$5.9B
$1.4B
Q4 24
$5.6B
$1.4B
Q3 24
$6.4B
$1.4B
Q2 24
$6.0B
$1.3B
Total Assets
ORI
ORI
PRIM
PRIM
Q1 26
$29.6M
Q4 25
$29.9B
$4.4B
Q3 25
$30.3B
$4.6B
Q2 25
$29.3B
$4.5B
Q1 25
$28.0B
$4.2B
Q4 24
$27.8B
$4.2B
Q3 24
$28.8B
$4.2B
Q2 24
$27.5B
$4.0B
Debt / Equity
ORI
ORI
PRIM
PRIM
Q1 26
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×

Cash Flow & Capital Efficiency

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

Metric
ORI
ORI
PRIM
PRIM
Operating Cash FlowLast quarter
$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
ORI
ORI
PRIM
PRIM
Q1 26
Q4 25
$234.9M
$142.9M
Q3 25
$563.9M
$182.9M
Q2 25
$133.8M
$78.5M
Q1 25
$231.7M
$66.2M
Q4 24
$361.7M
$298.3M
Q3 24
$474.8M
$222.5M
Q2 24
$236.5M
$16.1M
Free Cash Flow
ORI
ORI
PRIM
PRIM
Q1 26
Q4 25
$121.1M
Q3 25
$148.4M
Q2 25
$45.3M
Q1 25
$25.6M
Q4 24
$270.0M
Q3 24
$158.8M
Q2 24
$-8.1M
FCF Margin
ORI
ORI
PRIM
PRIM
Q1 26
Q4 25
6.5%
Q3 25
6.8%
Q2 25
2.4%
Q1 25
1.6%
Q4 24
15.5%
Q3 24
9.6%
Q2 24
-0.5%
Capex Intensity
ORI
ORI
PRIM
PRIM
Q1 26
Q4 25
1.2%
Q3 25
1.6%
Q2 25
1.8%
Q1 25
2.5%
Q4 24
1.6%
Q3 24
3.9%
Q2 24
1.5%
Cash Conversion
ORI
ORI
PRIM
PRIM
Q1 26
Q4 25
1.14×
2.76×
Q3 25
2.02×
1.93×
Q2 25
0.65×
0.93×
Q1 25
0.95×
1.50×
Q4 24
3.43×
5.53×
Q3 24
1.40×
3.81×
Q2 24
2.58×
0.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ORI
ORI

operating$2.2B92%
Other$201.8M8%

PRIM
PRIM

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

Related Comparisons