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Side-by-side financial comparison of Primerica, Inc. (PRI) and VALMONT INDUSTRIES INC (VMI). Click either name above to swap in a different company.

VALMONT INDUSTRIES INC is the larger business by last-quarter revenue ($1.0B vs $853.7M, roughly 1.2× Primerica, Inc.). Primerica, Inc. runs the higher net margin — 23.1% vs 10.5%, a 12.6% gap on every dollar of revenue. On growth, Primerica, Inc. posted the faster year-over-year revenue change (11.0% vs 6.2%). Over the past eight quarters, Primerica, Inc.'s revenue compounded faster (7.2% CAGR vs -0.5%).

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.

Valmont Industries, Inc. is a large, publicly held American manufacturer of Valley center pivot and linear irrigation equipment, windmill support structures, lighting and traffic poles and steel utility poles.

PRI vs VMI — Head-to-Head

Bigger by revenue
VMI
VMI
1.2× larger
VMI
$1.0B
$853.7M
PRI
Growing faster (revenue YoY)
PRI
PRI
+4.8% gap
PRI
11.0%
6.2%
VMI
Higher net margin
PRI
PRI
12.6% more per $
PRI
23.1%
10.5%
VMI
Faster 2-yr revenue CAGR
PRI
PRI
Annualised
PRI
7.2%
-0.5%
VMI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PRI
PRI
VMI
VMI
Revenue
$853.7M
$1.0B
Net Profit
$197.0M
$108.0M
Gross Margin
30.8%
Operating Margin
28.9%
15.1%
Net Margin
23.1%
10.5%
Revenue YoY
11.0%
6.2%
Net Profit YoY
17.9%
23.8%
EPS (diluted)
$6.11
$5.51

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
PRI
PRI
VMI
VMI
Q1 26
$1.0B
Q4 25
$853.7M
$1.0B
Q3 25
$839.9M
$1.0B
Q2 25
$793.3M
$1.1B
Q1 25
$804.8M
$969.3M
Q4 24
$768.8M
$1.0B
Q3 24
$774.1M
$1.0B
Q2 24
$803.4M
$1.0B
Net Profit
PRI
PRI
VMI
VMI
Q1 26
$108.0M
Q4 25
$197.0M
$168.0M
Q3 25
$206.8M
$99.0M
Q2 25
$178.3M
$-4.0M
Q1 25
$169.1M
$87.3M
Q4 24
$167.1M
$77.7M
Q3 24
$164.4M
$83.1M
Q2 24
$1.2M
$99.7M
Gross Margin
PRI
PRI
VMI
VMI
Q1 26
30.8%
Q4 25
29.8%
Q3 25
30.4%
Q2 25
30.6%
Q1 25
30.0%
Q4 24
30.2%
Q3 24
29.6%
Q2 24
98.0%
30.8%
Operating Margin
PRI
PRI
VMI
VMI
Q1 26
15.1%
Q4 25
28.9%
11.2%
Q3 25
32.3%
13.5%
Q2 25
29.6%
2.8%
Q1 25
27.5%
13.2%
Q4 24
64.7%
11.6%
Q3 24
32.9%
12.3%
Q2 24
1.0%
14.2%
Net Margin
PRI
PRI
VMI
VMI
Q1 26
10.5%
Q4 25
23.1%
16.2%
Q3 25
24.6%
9.5%
Q2 25
22.5%
-0.4%
Q1 25
21.0%
9.0%
Q4 24
21.7%
7.5%
Q3 24
21.2%
8.1%
Q2 24
0.1%
9.6%
EPS (diluted)
PRI
PRI
VMI
VMI
Q1 26
$5.51
Q4 25
$6.11
$9.02
Q3 25
$6.35
$4.98
Q2 25
$5.40
$-1.53
Q1 25
$5.05
$4.32
Q4 24
$4.92
$3.85
Q3 24
$4.83
$4.11
Q2 24
$0.03
$4.91

Balance Sheet & Financial Strength

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

Metric
PRI
PRI
VMI
VMI
Cash + ST InvestmentsLiquidity on hand
$756.2M
$160.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.4B
$1.7B
Total Assets
$15.0B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRI
PRI
VMI
VMI
Q1 26
$160.2M
Q4 25
$756.2M
$187.1M
Q3 25
$644.9M
$226.1M
Q2 25
$621.2M
$208.5M
Q1 25
$625.1M
$184.4M
Q4 24
$687.8M
$164.3M
Q3 24
$550.1M
$200.5M
Q2 24
$627.3M
$163.1M
Total Debt
PRI
PRI
VMI
VMI
Q1 26
Q4 25
$795.7M
Q3 25
Q2 25
Q1 25
Q4 24
$730.6M
Q3 24
Q2 24
Stockholders' Equity
PRI
PRI
VMI
VMI
Q1 26
$1.7B
Q4 25
$2.4B
$1.6B
Q3 25
$2.3B
$1.6B
Q2 25
$2.3B
$1.5B
Q1 25
$2.3B
$1.6B
Q4 24
$2.3B
$1.5B
Q3 24
$1.9B
$1.5B
Q2 24
$2.1B
$1.5B
Total Assets
PRI
PRI
VMI
VMI
Q1 26
$3.4B
Q4 25
$15.0B
$3.4B
Q3 25
$14.8B
$3.4B
Q2 25
$14.8B
$3.3B
Q1 25
$14.6B
$3.4B
Q4 24
$14.6B
$3.3B
Q3 24
$14.8B
$3.5B
Q2 24
$14.6B
$3.5B
Debt / Equity
PRI
PRI
VMI
VMI
Q1 26
Q4 25
0.49×
Q3 25
Q2 25
Q1 25
Q4 24
0.47×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
PRI
PRI
VMI
VMI
Operating Cash FlowLast quarter
$338.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRI
PRI
VMI
VMI
Q1 26
Q4 25
$338.2M
$111.2M
Q3 25
$202.9M
$112.5M
Q2 25
$162.6M
$167.6M
Q1 25
$197.5M
$65.1M
Q4 24
$270.6M
$193.4M
Q3 24
$207.3M
$225.1M
Q2 24
$173.3M
$130.8M
Free Cash Flow
PRI
PRI
VMI
VMI
Q1 26
Q4 25
$70.4M
Q3 25
$70.6M
Q2 25
$135.6M
Q1 25
$34.8M
Q4 24
$167.8M
Q3 24
$204.6M
Q2 24
$112.5M
FCF Margin
PRI
PRI
VMI
VMI
Q1 26
Q4 25
6.8%
Q3 25
6.7%
Q2 25
12.9%
Q1 25
3.6%
Q4 24
16.2%
Q3 24
20.1%
Q2 24
10.8%
Capex Intensity
PRI
PRI
VMI
VMI
Q1 26
Q4 25
3.9%
Q3 25
4.0%
Q2 25
3.0%
Q1 25
3.1%
Q4 24
2.5%
Q3 24
2.0%
Q2 24
1.8%
Cash Conversion
PRI
PRI
VMI
VMI
Q1 26
Q4 25
1.72×
0.66×
Q3 25
0.98×
1.14×
Q2 25
0.91×
Q1 25
1.17×
0.75×
Q4 24
1.62×
2.49×
Q3 24
1.26×
2.71×
Q2 24
147.98×
1.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRI
PRI

Revenues From Sources Other Than Contracts With Customers$445.9M52%
Investment And Savings Products Segment Revenues$340.3M40%
Other$56.5M7%
Segment Revenues From Contracts With Customers$11.0M1%

VMI
VMI

Infrastructure$803.2M78%
Agriculture$226.0M22%

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