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Side-by-side financial comparison of Primoris Services Corp (PRIM) and State Street Corporation (STT). Click either name above to swap in a different company.

State Street Corporation is the larger business by last-quarter revenue ($3.7B vs $1.9B, roughly 2.0× Primoris Services Corp). State Street Corporation runs the higher net margin — 20.4% vs 2.8%, a 17.6% gap on every dollar of revenue. On growth, State Street Corporation posted the faster year-over-year revenue change (7.5% vs 6.7%). State Street Corporation produced more free cash flow last quarter ($9.8B vs $121.1M). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs 8.1%).

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.

State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. bank, tracing its roots to Union Bank, chartered in 1792. As of the third quarter of 2025, State Street is one of the world's largest asset managers and custodians, with approximately US$5.4 trillion in assets under management and US$51.7 trillion under custody and administration.

PRIM vs STT — Head-to-Head

Bigger by revenue
STT
STT
2.0× larger
STT
$3.7B
$1.9B
PRIM
Growing faster (revenue YoY)
STT
STT
+0.8% gap
STT
7.5%
6.7%
PRIM
Higher net margin
STT
STT
17.6% more per $
STT
20.4%
2.8%
PRIM
More free cash flow
STT
STT
$9.7B more FCF
STT
$9.8B
$121.1M
PRIM
Faster 2-yr revenue CAGR
PRIM
PRIM
Annualised
PRIM
14.7%
8.1%
STT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRIM
PRIM
STT
STT
Revenue
$1.9B
$3.7B
Net Profit
$51.7M
$747.0M
Gross Margin
9.4%
Operating Margin
4.2%
25.0%
Net Margin
2.8%
20.4%
Revenue YoY
6.7%
7.5%
Net Profit YoY
-4.2%
-4.6%
EPS (diluted)
$0.94
$2.41

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
STT
STT
Q4 25
$1.9B
$3.7B
Q3 25
$2.2B
$3.5B
Q2 25
$1.9B
$3.4B
Q1 25
$1.6B
$3.3B
Q4 24
$1.7B
$3.4B
Q3 24
$1.6B
$3.3B
Q2 24
$1.6B
$3.2B
Q1 24
$1.4B
$3.1B
Net Profit
PRIM
PRIM
STT
STT
Q4 25
$51.7M
$747.0M
Q3 25
$94.6M
$861.0M
Q2 25
$84.3M
$693.0M
Q1 25
$44.2M
$644.0M
Q4 24
$54.0M
$783.0M
Q3 24
$58.4M
$730.0M
Q2 24
$49.5M
$711.0M
Q1 24
$18.9M
$463.0M
Gross Margin
PRIM
PRIM
STT
STT
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%
Operating Margin
PRIM
PRIM
STT
STT
Q4 25
4.2%
25.0%
Q3 25
6.3%
31.1%
Q2 25
6.7%
25.8%
Q1 25
4.3%
25.0%
Q4 24
5.0%
28.1%
Q3 24
6.0%
28.4%
Q2 24
5.5%
28.6%
Q1 24
3.1%
19.1%
Net Margin
PRIM
PRIM
STT
STT
Q4 25
2.8%
20.4%
Q3 25
4.3%
24.3%
Q2 25
4.5%
20.1%
Q1 25
2.7%
19.6%
Q4 24
3.1%
22.9%
Q3 24
3.5%
22.4%
Q2 24
3.2%
22.3%
Q1 24
1.3%
14.8%
EPS (diluted)
PRIM
PRIM
STT
STT
Q4 25
$0.94
$2.41
Q3 25
$1.73
$2.78
Q2 25
$1.54
$2.17
Q1 25
$0.81
$2.04
Q4 24
$0.98
$2.43
Q3 24
$1.07
$2.26
Q2 24
$0.91
$2.15
Q1 24
$0.35
$1.37

Balance Sheet & Financial Strength

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

Metric
PRIM
PRIM
STT
STT
Cash + ST InvestmentsLiquidity on hand
$535.5M
Total DebtLower is stronger
$469.9M
Stockholders' EquityBook value
$1.7B
$27.8B
Total Assets
$4.4B
$366.0B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRIM
PRIM
STT
STT
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
Q1 24
$177.6M
Total Debt
PRIM
PRIM
STT
STT
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
STT
STT
Q4 25
$1.7B
$27.8B
Q3 25
$1.6B
$27.6B
Q2 25
$1.5B
$27.3B
Q1 25
$1.4B
$26.7B
Q4 24
$1.4B
$25.3B
Q3 24
$1.4B
$25.8B
Q2 24
$1.3B
$24.8B
Q1 24
$1.2B
$24.4B
Total Assets
PRIM
PRIM
STT
STT
Q4 25
$4.4B
$366.0B
Q3 25
$4.6B
$371.1B
Q2 25
$4.5B
$376.7B
Q1 25
$4.2B
$372.7B
Q4 24
$4.2B
$353.2B
Q3 24
$4.2B
$338.5B
Q2 24
$4.0B
$325.6B
Q1 24
$4.0B
$338.0B
Debt / Equity
PRIM
PRIM
STT
STT
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
STT
STT
Operating Cash FlowLast quarter
$142.9M
$10.0B
Free Cash FlowOCF − Capex
$121.1M
$9.8B
FCF MarginFCF / Revenue
6.5%
266.6%
Capex IntensityCapex / Revenue
1.2%
7.3%
Cash ConversionOCF / Net Profit
2.76×
13.44×
TTM Free Cash FlowTrailing 4 quarters
$340.5M
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRIM
PRIM
STT
STT
Q4 25
$142.9M
$10.0B
Q3 25
$182.9M
$7.9B
Q2 25
$78.5M
$-8.4B
Q1 25
$66.2M
$2.4B
Q4 24
$298.3M
$-7.4B
Q3 24
$222.5M
$2.7B
Q2 24
$16.1M
$-7.6B
Q1 24
$-28.5M
$-844.0M
Free Cash Flow
PRIM
PRIM
STT
STT
Q4 25
$121.1M
$9.8B
Q3 25
$148.4M
$7.7B
Q2 25
$45.3M
$-8.8B
Q1 25
$25.6M
$2.2B
Q4 24
$270.0M
$-7.7B
Q3 24
$158.8M
$2.5B
Q2 24
$-8.1M
$-7.9B
Q1 24
$-38.9M
$-1.1B
FCF Margin
PRIM
PRIM
STT
STT
Q4 25
6.5%
266.6%
Q3 25
6.8%
216.0%
Q2 25
2.4%
-254.1%
Q1 25
1.6%
66.1%
Q4 24
15.5%
-225.1%
Q3 24
9.6%
75.9%
Q2 24
-0.5%
-246.2%
Q1 24
-2.8%
-34.2%
Capex Intensity
PRIM
PRIM
STT
STT
Q4 25
1.2%
7.3%
Q3 25
1.6%
6.9%
Q2 25
1.8%
9.3%
Q1 25
2.5%
6.9%
Q4 24
1.6%
7.3%
Q3 24
3.9%
7.2%
Q2 24
1.5%
6.7%
Q1 24
0.7%
7.3%
Cash Conversion
PRIM
PRIM
STT
STT
Q4 25
2.76×
13.44×
Q3 25
1.93×
9.18×
Q2 25
0.93×
-12.18×
Q1 25
1.50×
3.72×
Q4 24
5.53×
-9.49×
Q3 24
3.81×
3.71×
Q2 24
0.32×
-10.75×
Q1 24
-1.50×
-1.82×

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%

STT
STT

Other$2.2B59%
Investment Management$729.0M20%
Management Services$662.0M18%
Other Fee Revenue$56.0M2%
Securities Financing Services$54.0M1%

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