vs

Side-by-side financial comparison of Primoris Services Corp (PRIM) and THOMSON REUTERS CORP (TRI). Click either name above to swap in a different company.

Primoris Services Corp is the larger business by last-quarter revenue ($1.9B vs $1.8B, roughly 1.0× THOMSON REUTERS CORP). THOMSON REUTERS CORP runs the higher net margin — 17.5% vs 2.8%, a 14.8% gap on every dollar of revenue. On growth, Primoris Services Corp posted the faster year-over-year revenue change (6.7% vs 2.6%).

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.

The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on June 28, 2013, as a spin-off of the first News Corporation, whose legal successor was 21st Century Fox, which held its media and entertainment assets. Operating across digital real estate information, news media, book publishing, and cable television, New...

PRIM vs TRI — Head-to-Head

Bigger by revenue
PRIM
PRIM
1.0× larger
PRIM
$1.9B
$1.8B
TRI
Growing faster (revenue YoY)
PRIM
PRIM
+4.1% gap
PRIM
6.7%
2.6%
TRI
Higher net margin
TRI
TRI
14.8% more per $
TRI
17.5%
2.8%
PRIM

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
PRIM
PRIM
TRI
TRI
Revenue
$1.9B
$1.8B
Net Profit
$51.7M
$313.0M
Gross Margin
9.4%
Operating Margin
4.2%
24.4%
Net Margin
2.8%
17.5%
Revenue YoY
6.7%
2.6%
Net Profit YoY
-4.2%
-62.8%
EPS (diluted)
$0.94
$0.69

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
TRI
TRI
Q4 25
$1.9B
Q3 25
$2.2B
Q2 25
$1.9B
$1.8B
Q1 25
$1.6B
Q4 24
$1.7B
Q3 24
$1.6B
Q2 24
$1.6B
$1.7B
Q1 24
$1.4B
Net Profit
PRIM
PRIM
TRI
TRI
Q4 25
$51.7M
Q3 25
$94.6M
Q2 25
$84.3M
$313.0M
Q1 25
$44.2M
Q4 24
$54.0M
Q3 24
$58.4M
Q2 24
$49.5M
$841.0M
Q1 24
$18.9M
Gross Margin
PRIM
PRIM
TRI
TRI
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
TRI
TRI
Q4 25
4.2%
Q3 25
6.3%
Q2 25
6.7%
24.4%
Q1 25
4.3%
Q4 24
5.0%
Q3 24
6.0%
Q2 24
5.5%
23.9%
Q1 24
3.1%
Net Margin
PRIM
PRIM
TRI
TRI
Q4 25
2.8%
Q3 25
4.3%
Q2 25
4.5%
17.5%
Q1 25
2.7%
Q4 24
3.1%
Q3 24
3.5%
Q2 24
3.2%
48.3%
Q1 24
1.3%
EPS (diluted)
PRIM
PRIM
TRI
TRI
Q4 25
$0.94
Q3 25
$1.73
Q2 25
$1.54
$0.69
Q1 25
$0.81
Q4 24
$0.98
Q3 24
$1.07
Q2 24
$0.91
$1.86
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
TRI
TRI
Cash + ST InvestmentsLiquidity on hand
$535.5M
$664.0M
Total DebtLower is stronger
$469.9M
Stockholders' EquityBook value
$1.7B
$12.6B
Total Assets
$4.4B
$18.0B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRIM
PRIM
TRI
TRI
Q4 25
$535.5M
Q3 25
$431.4M
Q2 25
$390.3M
$664.0M
Q1 25
$351.6M
Q4 24
$455.8M
Q3 24
$352.7M
Q2 24
$207.4M
$1.7B
Q1 24
$177.6M
Total Debt
PRIM
PRIM
TRI
TRI
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
TRI
TRI
Q4 25
$1.7B
Q3 25
$1.6B
Q2 25
$1.5B
$12.6B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.3B
$11.6B
Q1 24
$1.2B
Total Assets
PRIM
PRIM
TRI
TRI
Q4 25
$4.4B
Q3 25
$4.6B
Q2 25
$4.5B
$18.0B
Q1 25
$4.2B
Q4 24
$4.2B
Q3 24
$4.2B
Q2 24
$4.0B
$18.4B
Q1 24
$4.0B
Debt / Equity
PRIM
PRIM
TRI
TRI
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
TRI
TRI
Operating Cash FlowLast quarter
$142.9M
$746.0M
Free Cash FlowOCF − Capex
$121.1M
FCF MarginFCF / Revenue
6.5%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
2.76×
2.38×
TTM Free Cash FlowTrailing 4 quarters
$340.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRIM
PRIM
TRI
TRI
Q4 25
$142.9M
Q3 25
$182.9M
Q2 25
$78.5M
$746.0M
Q1 25
$66.2M
Q4 24
$298.3M
Q3 24
$222.5M
Q2 24
$16.1M
$705.0M
Q1 24
$-28.5M
Free Cash Flow
PRIM
PRIM
TRI
TRI
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
Q1 24
$-38.9M
FCF Margin
PRIM
PRIM
TRI
TRI
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%
Q1 24
-2.8%
Capex Intensity
PRIM
PRIM
TRI
TRI
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%
Q1 24
0.7%
Cash Conversion
PRIM
PRIM
TRI
TRI
Q4 25
2.76×
Q3 25
1.93×
Q2 25
0.93×
2.38×
Q1 25
1.50×
Q4 24
5.53×
Q3 24
3.81×
Q2 24
0.32×
0.84×
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%

TRI
TRI

Segment breakdown not available.

Related Comparisons