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Side-by-side financial comparison of Primoris Services Corp (PRIM) and Solstice Advanced Materials Inc. (SOLS). Click either name above to swap in a different company.

Primoris Services Corp is the larger business by last-quarter revenue ($1.9B vs $969.0M, roughly 1.9× Solstice Advanced Materials Inc.). Primoris Services Corp runs the higher net margin — 2.8% vs -3.6%, a 6.4% gap on every dollar of revenue. On growth, Solstice Advanced Materials Inc. posted the faster year-over-year revenue change (6.8% vs 6.7%). Primoris Services Corp produced more free cash flow last quarter ($121.1M vs $41.0M).

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.

Solstice Advanced Materials Inc. is a specialty advanced materials provider that develops, produces and distributes high-performance functional materials for renewable energy systems, consumer electronics, industrial manufacturing and advanced automotive sectors. The company focuses on material solutions that boost product durability, energy efficiency and operational performance for its global clients.

PRIM vs SOLS — Head-to-Head

Bigger by revenue
PRIM
PRIM
1.9× larger
PRIM
$1.9B
$969.0M
SOLS
Growing faster (revenue YoY)
SOLS
SOLS
+0.2% gap
SOLS
6.8%
6.7%
PRIM
Higher net margin
PRIM
PRIM
6.4% more per $
PRIM
2.8%
-3.6%
SOLS
More free cash flow
PRIM
PRIM
$80.1M more FCF
PRIM
$121.1M
$41.0M
SOLS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
PRIM
PRIM
SOLS
SOLS
Revenue
$1.9B
$969.0M
Net Profit
$51.7M
$-35.0M
Gross Margin
9.4%
32.0%
Operating Margin
4.2%
17.9%
Net Margin
2.8%
-3.6%
Revenue YoY
6.7%
6.8%
Net Profit YoY
-4.2%
-123.0%
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
PRIM
PRIM
SOLS
SOLS
Q4 25
$1.9B
Q3 25
$2.2B
$969.0M
Q2 25
$1.9B
Q1 25
$1.6B
Q4 24
$1.7B
Q3 24
$1.6B
$907.0M
Q2 24
$1.6B
Q1 24
$1.4B
Net Profit
PRIM
PRIM
SOLS
SOLS
Q4 25
$51.7M
Q3 25
$94.6M
$-35.0M
Q2 25
$84.3M
Q1 25
$44.2M
Q4 24
$54.0M
Q3 24
$58.4M
$152.0M
Q2 24
$49.5M
Q1 24
$18.9M
Gross Margin
PRIM
PRIM
SOLS
SOLS
Q4 25
9.4%
Q3 25
10.8%
32.0%
Q2 25
12.3%
Q1 25
10.4%
Q4 24
10.6%
Q3 24
12.0%
36.6%
Q2 24
11.9%
Q1 24
9.4%
Operating Margin
PRIM
PRIM
SOLS
SOLS
Q4 25
4.2%
Q3 25
6.3%
17.9%
Q2 25
6.7%
Q1 25
4.3%
Q4 24
5.0%
Q3 24
6.0%
21.7%
Q2 24
5.5%
Q1 24
3.1%
Net Margin
PRIM
PRIM
SOLS
SOLS
Q4 25
2.8%
Q3 25
4.3%
-3.6%
Q2 25
4.5%
Q1 25
2.7%
Q4 24
3.1%
Q3 24
3.5%
16.8%
Q2 24
3.2%
Q1 24
1.3%
EPS (diluted)
PRIM
PRIM
SOLS
SOLS
Q4 25
$0.94
Q3 25
$1.73
Q2 25
$1.54
Q1 25
$0.81
Q4 24
$0.98
Q3 24
$1.07
Q2 24
$0.91
Q1 24
$0.35

Balance Sheet & Financial Strength

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

Metric
PRIM
PRIM
SOLS
SOLS
Cash + ST InvestmentsLiquidity on hand
$535.5M
$417.0M
Total DebtLower is stronger
$469.9M
Stockholders' EquityBook value
$1.7B
$3.2B
Total Assets
$4.4B
$5.2B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRIM
PRIM
SOLS
SOLS
Q4 25
$535.5M
Q3 25
$431.4M
$417.0M
Q2 25
$390.3M
Q1 25
$351.6M
Q4 24
$455.8M
Q3 24
$352.7M
Q2 24
$207.4M
Q1 24
$177.6M
Total Debt
PRIM
PRIM
SOLS
SOLS
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
Q1 24
$951.7M
Stockholders' Equity
PRIM
PRIM
SOLS
SOLS
Q4 25
$1.7B
Q3 25
$1.6B
$3.2B
Q2 25
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
$3.2B
Q2 24
$1.3B
Q1 24
$1.2B
Total Assets
PRIM
PRIM
SOLS
SOLS
Q4 25
$4.4B
Q3 25
$4.6B
$5.2B
Q2 25
$4.5B
Q1 25
$4.2B
Q4 24
$4.2B
Q3 24
$4.2B
Q2 24
$4.0B
Q1 24
$4.0B
Debt / Equity
PRIM
PRIM
SOLS
SOLS
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×
Q1 24
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
PRIM
PRIM
SOLS
SOLS
Operating Cash FlowLast quarter
$142.9M
$289.0M
Free Cash FlowOCF − Capex
$121.1M
$41.0M
FCF MarginFCF / Revenue
6.5%
4.2%
Capex IntensityCapex / Revenue
1.2%
25.6%
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
PRIM
PRIM
SOLS
SOLS
Q4 25
$142.9M
Q3 25
$182.9M
$289.0M
Q2 25
$78.5M
Q1 25
$66.2M
Q4 24
$298.3M
Q3 24
$222.5M
Q2 24
$16.1M
Q1 24
$-28.5M
Free Cash Flow
PRIM
PRIM
SOLS
SOLS
Q4 25
$121.1M
Q3 25
$148.4M
$41.0M
Q2 25
$45.3M
Q1 25
$25.6M
Q4 24
$270.0M
Q3 24
$158.8M
Q2 24
$-8.1M
Q1 24
$-38.9M
FCF Margin
PRIM
PRIM
SOLS
SOLS
Q4 25
6.5%
Q3 25
6.8%
4.2%
Q2 25
2.4%
Q1 25
1.6%
Q4 24
15.5%
Q3 24
9.6%
Q2 24
-0.5%
Q1 24
-2.8%
Capex Intensity
PRIM
PRIM
SOLS
SOLS
Q4 25
1.2%
Q3 25
1.6%
25.6%
Q2 25
1.8%
Q1 25
2.5%
Q4 24
1.6%
Q3 24
3.9%
Q2 24
1.5%
Q1 24
0.7%
Cash Conversion
PRIM
PRIM
SOLS
SOLS
Q4 25
2.76×
Q3 25
1.93×
Q2 25
0.93×
Q1 25
1.50×
Q4 24
5.53×
Q3 24
3.81×
Q2 24
0.32×
Q1 24
-1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRIM
PRIM

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

SOLS
SOLS

Refrigerants$400.0M41%
Research And Performance Chemicals$126.0M13%
Electronic Materials$103.0M11%
Other$89.0M9%
Services$64.0M7%
Alternative Energy Services$63.0M7%
Safety And Defense Solutions$53.0M5%
Healthcare Packaging$49.0M5%
Affiliated Entity$22.0M2%

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