vs

Side-by-side financial comparison of Primoris Services Corp (PRIM) and Under Armour, Inc. (UAA). Click either name above to swap in a different company.

Primoris Services Corp is the larger business by last-quarter revenue ($1.9B vs $1.3B, roughly 1.4× Under Armour, Inc.). Primoris Services Corp runs the higher net margin — 2.8% vs -32.4%, a 35.2% gap on every dollar of revenue. On growth, Primoris Services Corp posted the faster year-over-year revenue change (6.7% vs -5.2%). Under Armour, Inc. produced more free cash flow last quarter ($261.9M vs $121.1M). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs -0.2%).

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.

Under Armour, Inc. is an American sportswear company that manufactures footwear and apparel headquartered in Baltimore, Maryland, United States.

PRIM vs UAA — Head-to-Head

Bigger by revenue
PRIM
PRIM
1.4× larger
PRIM
$1.9B
$1.3B
UAA
Growing faster (revenue YoY)
PRIM
PRIM
+11.9% gap
PRIM
6.7%
-5.2%
UAA
Higher net margin
PRIM
PRIM
35.2% more per $
PRIM
2.8%
-32.4%
UAA
More free cash flow
UAA
UAA
$140.8M more FCF
UAA
$261.9M
$121.1M
PRIM
Faster 2-yr revenue CAGR
PRIM
PRIM
Annualised
PRIM
14.7%
-0.2%
UAA

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
PRIM
PRIM
UAA
UAA
Revenue
$1.9B
$1.3B
Net Profit
$51.7M
$-430.8M
Gross Margin
9.4%
44.4%
Operating Margin
4.2%
-11.3%
Net Margin
2.8%
-32.4%
Revenue YoY
6.7%
-5.2%
Net Profit YoY
-4.2%
-35013.0%
EPS (diluted)
$0.94
$-1.01

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
UAA
UAA
Q4 25
$1.9B
$1.3B
Q3 25
$2.2B
$1.3B
Q2 25
$1.9B
$1.1B
Q1 25
$1.6B
$1.2B
Q4 24
$1.7B
$1.4B
Q3 24
$1.6B
$1.4B
Q2 24
$1.6B
$1.2B
Q1 24
$1.4B
$1.3B
Net Profit
PRIM
PRIM
UAA
UAA
Q4 25
$51.7M
$-430.8M
Q3 25
$94.6M
$-18.8M
Q2 25
$84.3M
$-2.6M
Q1 25
$44.2M
$-67.5M
Q4 24
$54.0M
$1.2M
Q3 24
$58.4M
$170.4M
Q2 24
$49.5M
$-305.4M
Q1 24
$18.9M
$6.6M
Gross Margin
PRIM
PRIM
UAA
UAA
Q4 25
9.4%
44.4%
Q3 25
10.8%
47.3%
Q2 25
12.3%
48.2%
Q1 25
10.4%
46.7%
Q4 24
10.6%
47.5%
Q3 24
12.0%
49.8%
Q2 24
11.9%
47.5%
Q1 24
9.4%
45.0%
Operating Margin
PRIM
PRIM
UAA
UAA
Q4 25
4.2%
-11.3%
Q3 25
6.3%
1.3%
Q2 25
6.7%
0.3%
Q1 25
4.3%
-6.1%
Q4 24
5.0%
1.0%
Q3 24
6.0%
12.4%
Q2 24
5.5%
-25.3%
Q1 24
3.1%
-0.3%
Net Margin
PRIM
PRIM
UAA
UAA
Q4 25
2.8%
-32.4%
Q3 25
4.3%
-1.4%
Q2 25
4.5%
-0.2%
Q1 25
2.7%
-5.7%
Q4 24
3.1%
0.1%
Q3 24
3.5%
12.2%
Q2 24
3.2%
-25.8%
Q1 24
1.3%
0.5%
EPS (diluted)
PRIM
PRIM
UAA
UAA
Q4 25
$0.94
$-1.01
Q3 25
$1.73
$-0.04
Q2 25
$1.54
$-0.01
Q1 25
$0.81
$-0.16
Q4 24
$0.98
$0.00
Q3 24
$1.07
$0.39
Q2 24
$0.91
$-0.70
Q1 24
$0.35
$0.02

Balance Sheet & Financial Strength

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

Metric
PRIM
PRIM
UAA
UAA
Cash + ST InvestmentsLiquidity on hand
$535.5M
$464.6M
Total DebtLower is stronger
$469.9M
$989.7M
Stockholders' EquityBook value
$1.7B
$1.4B
Total Assets
$4.4B
$4.6B
Debt / EquityLower = less leverage
0.28×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRIM
PRIM
UAA
UAA
Q4 25
$535.5M
$464.6M
Q3 25
$431.4M
$396.0M
Q2 25
$390.3M
$911.0M
Q1 25
$351.6M
$501.4M
Q4 24
$455.8M
$726.9M
Q3 24
$352.7M
$530.7M
Q2 24
$207.4M
$884.6M
Q1 24
$177.6M
$858.7M
Total Debt
PRIM
PRIM
UAA
UAA
Q4 25
$469.9M
$989.7M
Q3 25
$486.0M
$1.2B
Q2 25
$603.1M
$989.2M
Q1 25
$612.0M
$595.1M
Q4 24
$734.8M
$595.2M
Q3 24
$903.7M
$594.6M
Q2 24
$933.0M
$595.4M
Q1 24
$951.7M
$675.8M
Stockholders' Equity
PRIM
PRIM
UAA
UAA
Q4 25
$1.7B
$1.4B
Q3 25
$1.6B
$1.9B
Q2 25
$1.5B
$1.9B
Q1 25
$1.4B
$1.9B
Q4 24
$1.4B
$2.0B
Q3 24
$1.4B
$2.0B
Q2 24
$1.3B
$1.8B
Q1 24
$1.2B
$2.2B
Total Assets
PRIM
PRIM
UAA
UAA
Q4 25
$4.4B
$4.6B
Q3 25
$4.6B
$4.9B
Q2 25
$4.5B
$4.9B
Q1 25
$4.2B
$4.3B
Q4 24
$4.2B
$4.6B
Q3 24
$4.2B
$4.5B
Q2 24
$4.0B
$4.9B
Q1 24
$4.0B
$4.8B
Debt / Equity
PRIM
PRIM
UAA
UAA
Q4 25
0.28×
0.69×
Q3 25
0.30×
0.64×
Q2 25
0.39×
0.53×
Q1 25
0.42×
0.31×
Q4 24
0.52×
0.30×
Q3 24
0.67×
0.30×
Q2 24
0.72×
0.33×
Q1 24
0.76×
0.31×

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
UAA
UAA
Operating Cash FlowLast quarter
$142.9M
$278.1M
Free Cash FlowOCF − Capex
$121.1M
$261.9M
FCF MarginFCF / Revenue
6.5%
19.7%
Capex IntensityCapex / Revenue
1.2%
1.2%
Cash ConversionOCF / Net Profit
2.76×
TTM Free Cash FlowTrailing 4 quarters
$340.5M
$-45.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRIM
PRIM
UAA
UAA
Q4 25
$142.9M
$278.1M
Q3 25
$182.9M
$-69.8M
Q2 25
$78.5M
$48.9M
Q1 25
$66.2M
$-202.2M
Q4 24
$298.3M
$311.3M
Q3 24
$222.5M
$-321.4M
Q2 24
$16.1M
$153.0M
Q1 24
$-28.5M
$-122.9M
Free Cash Flow
PRIM
PRIM
UAA
UAA
Q4 25
$121.1M
$261.9M
Q3 25
$148.4M
$-90.3M
Q2 25
$45.3M
$13.5M
Q1 25
$25.6M
$-231.0M
Q4 24
$270.0M
$262.9M
Q3 24
$158.8M
$-367.2M
Q2 24
$-8.1M
$107.3M
Q1 24
$-38.9M
$-156.7M
FCF Margin
PRIM
PRIM
UAA
UAA
Q4 25
6.5%
19.7%
Q3 25
6.8%
-6.8%
Q2 25
2.4%
1.2%
Q1 25
1.6%
-19.6%
Q4 24
15.5%
18.8%
Q3 24
9.6%
-26.2%
Q2 24
-0.5%
9.1%
Q1 24
-2.8%
-11.8%
Capex Intensity
PRIM
PRIM
UAA
UAA
Q4 25
1.2%
1.2%
Q3 25
1.6%
1.5%
Q2 25
1.8%
3.1%
Q1 25
2.5%
2.4%
Q4 24
1.6%
3.5%
Q3 24
3.9%
3.3%
Q2 24
1.5%
3.9%
Q1 24
0.7%
2.5%
Cash Conversion
PRIM
PRIM
UAA
UAA
Q4 25
2.76×
Q3 25
1.93×
Q2 25
0.93×
Q1 25
1.50×
Q4 24
5.53×
252.26×
Q3 24
3.81×
-1.89×
Q2 24
0.32×
Q1 24
-1.50×
-18.71×

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%

UAA
UAA

Apparel$934.0M70%
Footwear$265.1M20%
Accessories$107.7M8%
License$27.2M2%

Related Comparisons