vs
Side-by-side financial comparison of Primerica, Inc. (PRI) and Public Storage (PSA). Click either name above to swap in a different company.
Public Storage is the larger business by last-quarter revenue ($1.2B vs $853.7M, roughly 1.4× Primerica, Inc.). Public Storage runs the higher net margin — 41.7% vs 23.1%, a 18.6% gap on every dollar of revenue. On growth, Primerica, Inc. posted the faster year-over-year revenue change (11.0% vs 3.3%). Over the past eight quarters, Primerica, Inc.'s revenue compounded faster (7.2% CAGR vs 2.5%).
Primerica, Inc. is a multi-level marketing company that provides insurance, investment and financial services to middle-income families in the United States and Canada.
Public Storage, headquartered in Glendale, California, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space.
PRI vs PSA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $853.7M | $1.2B |
| Net Profit | $197.0M | $507.1M |
| Gross Margin | — | — |
| Operating Margin | 28.9% | 40.7% |
| Net Margin | 23.1% | 41.7% |
| Revenue YoY | 11.0% | 3.3% |
| Net Profit YoY | 17.9% | -17.5% |
| EPS (diluted) | $6.11 | $2.59 |
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 | $853.7M | $1.2B | ||
| Q3 25 | $839.9M | $1.2B | ||
| Q2 25 | $793.3M | $1.2B | ||
| Q1 25 | $804.8M | $1.2B | ||
| Q4 24 | $768.8M | $1.2B | ||
| Q3 24 | $774.1M | $1.2B | ||
| Q2 24 | $803.4M | $1.2B | ||
| Q1 24 | $742.8M | $1.2B |
| Q4 25 | $197.0M | $507.1M | ||
| Q3 25 | $206.8M | $511.1M | ||
| Q2 25 | $178.3M | $358.4M | ||
| Q1 25 | $169.1M | $407.8M | ||
| Q4 24 | $167.1M | $614.6M | ||
| Q3 24 | $164.4M | $430.3M | ||
| Q2 24 | $1.2M | $518.1M | ||
| Q1 24 | $137.9M | $508.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 98.0% | — | ||
| Q1 24 | 98.2% | — |
| Q4 25 | 28.9% | 40.7% | ||
| Q3 25 | 32.3% | 42.3% | ||
| Q2 25 | 29.6% | 30.4% | ||
| Q1 25 | 27.5% | 34.8% | ||
| Q4 24 | 64.7% | 52.4% | ||
| Q3 24 | 32.9% | 36.7% | ||
| Q2 24 | 1.0% | 44.6% | ||
| Q1 24 | 24.1% | 44.3% |
| Q4 25 | 23.1% | 41.7% | ||
| Q3 25 | 24.6% | 41.8% | ||
| Q2 25 | 22.5% | 29.8% | ||
| Q1 25 | 21.0% | 34.5% | ||
| Q4 24 | 21.7% | 52.2% | ||
| Q3 24 | 21.2% | 36.2% | ||
| Q2 24 | 0.1% | 44.2% | ||
| Q1 24 | 18.6% | 44.0% |
| Q4 25 | $6.11 | $2.59 | ||
| Q3 25 | $6.35 | $2.62 | ||
| Q2 25 | $5.40 | $1.76 | ||
| Q1 25 | $5.05 | $2.04 | ||
| Q4 24 | $4.92 | $3.22 | ||
| Q3 24 | $4.83 | $2.16 | ||
| Q2 24 | $0.03 | $2.66 | ||
| Q1 24 | $3.93 | $2.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $756.2M | $318.1M |
| Total DebtLower is stronger | — | $10.3B |
| Stockholders' EquityBook value | $2.4B | $9.2B |
| Total Assets | $15.0B | $20.2B |
| Debt / EquityLower = less leverage | — | 1.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $756.2M | $318.1M | ||
| Q3 25 | $644.9M | $296.5M | ||
| Q2 25 | $621.2M | $1.1B | ||
| Q1 25 | $625.1M | $287.2M | ||
| Q4 24 | $687.8M | $447.4M | ||
| Q3 24 | $550.1M | $599.0M | ||
| Q2 24 | $627.3M | $542.3M | ||
| Q1 24 | $593.4M | $271.6M |
| Q4 25 | — | $10.3B | ||
| Q3 25 | — | $10.0B | ||
| Q2 25 | — | $10.4B | ||
| Q1 25 | — | $9.4B | ||
| Q4 24 | — | $9.4B | ||
| Q3 24 | — | $9.5B | ||
| Q2 24 | — | $9.4B | ||
| Q1 24 | — | $9.1B |
| Q4 25 | $2.4B | $9.2B | ||
| Q3 25 | $2.3B | $9.3B | ||
| Q2 25 | $2.3B | $9.4B | ||
| Q1 25 | $2.3B | $9.6B | ||
| Q4 24 | $2.3B | $9.7B | ||
| Q3 24 | $1.9B | $9.6B | ||
| Q2 24 | $2.1B | $9.7B | ||
| Q1 24 | $2.2B | $9.9B |
| Q4 25 | $15.0B | $20.2B | ||
| Q3 25 | $14.8B | $20.1B | ||
| Q2 25 | $14.8B | $20.5B | ||
| Q1 25 | $14.6B | $19.6B | ||
| Q4 24 | $14.6B | $19.8B | ||
| Q3 24 | $14.8B | $19.8B | ||
| Q2 24 | $14.6B | $19.8B | ||
| Q1 24 | $14.9B | $19.6B |
| Q4 25 | — | 1.11× | ||
| Q3 25 | — | 1.08× | ||
| Q2 25 | — | 1.11× | ||
| Q1 25 | — | 0.99× | ||
| Q4 24 | — | 0.96× | ||
| Q3 24 | — | 0.99× | ||
| Q2 24 | — | 0.97× | ||
| Q1 24 | — | 0.91× |
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 | $338.2M | $733.6M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.72× | 1.45× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $338.2M | $733.6M | ||
| Q3 25 | $202.9M | $875.1M | ||
| Q2 25 | $162.6M | $872.7M | ||
| Q1 25 | $197.5M | $705.1M | ||
| Q4 24 | $270.6M | $768.6M | ||
| Q3 24 | $207.3M | $798.8M | ||
| Q2 24 | $173.3M | $895.3M | ||
| Q1 24 | $210.9M | $665.6M |
| Q4 25 | 1.72× | 1.45× | ||
| Q3 25 | 0.98× | 1.71× | ||
| Q2 25 | 0.91× | 2.43× | ||
| Q1 25 | 1.17× | 1.73× | ||
| Q4 24 | 1.62× | 1.25× | ||
| Q3 24 | 1.26× | 1.86× | ||
| Q2 24 | 147.98× | 1.73× | ||
| Q1 24 | 1.53× | 1.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRI
| Revenues From Sources Other Than Contracts With Customers | $445.9M | 52% |
| Investment And Savings Products Segment Revenues | $340.3M | 40% |
| Other | $56.5M | 7% |
| Segment Revenues From Contracts With Customers | $11.0M | 1% |
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
