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

UGI CORP is the larger business by last-quarter revenue ($2.1B vs $1.9B, roughly 1.1× Primoris Services Corp). UGI CORP runs the higher net margin — 14.4% vs 2.8%, a 11.6% gap on every dollar of revenue. On growth, Primoris Services Corp posted the faster year-over-year revenue change (6.7% vs 3.9%). Primoris Services Corp produced more free cash flow last quarter ($121.1M vs $-155.0M). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs -7.5%).

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.

UGI Corporation is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe.

PRIM vs UGI — Head-to-Head

Bigger by revenue
UGI
UGI
1.1× larger
UGI
$2.1B
$1.9B
PRIM
Growing faster (revenue YoY)
PRIM
PRIM
+2.8% gap
PRIM
6.7%
3.9%
UGI
Higher net margin
UGI
UGI
11.6% more per $
UGI
14.4%
2.8%
PRIM
More free cash flow
PRIM
PRIM
$276.1M more FCF
PRIM
$121.1M
$-155.0M
UGI
Faster 2-yr revenue CAGR
PRIM
PRIM
Annualised
PRIM
14.7%
-7.5%
UGI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PRIM
PRIM
UGI
UGI
Revenue
$1.9B
$2.1B
Net Profit
$51.7M
$297.0M
Gross Margin
9.4%
Operating Margin
4.2%
22.0%
Net Margin
2.8%
14.4%
Revenue YoY
6.7%
3.9%
Net Profit YoY
-4.2%
-20.8%
EPS (diluted)
$0.94
$1.34

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
UGI
UGI
Q4 25
$1.9B
$2.1B
Q3 25
$2.2B
$1.2B
Q2 25
$1.9B
$1.4B
Q1 25
$1.6B
$2.6B
Q4 24
$1.7B
$2.0B
Q3 24
$1.6B
$1.2B
Q2 24
$1.6B
$1.4B
Q1 24
$1.4B
$2.4B
Net Profit
PRIM
PRIM
UGI
UGI
Q4 25
$51.7M
$297.0M
Q3 25
$94.6M
$-13.0M
Q2 25
$84.3M
$-163.0M
Q1 25
$44.2M
$479.0M
Q4 24
$54.0M
$375.0M
Q3 24
$58.4M
$-273.0M
Q2 24
$49.5M
$-48.0M
Q1 24
$18.9M
$496.0M
Gross Margin
PRIM
PRIM
UGI
UGI
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
UGI
UGI
Q4 25
4.2%
22.0%
Q3 25
6.3%
1.1%
Q2 25
6.7%
-6.8%
Q1 25
4.3%
26.6%
Q4 24
5.0%
24.5%
Q3 24
6.0%
-20.4%
Q2 24
5.5%
5.0%
Q1 24
3.1%
29.7%
Net Margin
PRIM
PRIM
UGI
UGI
Q4 25
2.8%
14.4%
Q3 25
4.3%
-1.1%
Q2 25
4.5%
-12.0%
Q1 25
2.7%
18.2%
Q4 24
3.1%
18.9%
Q3 24
3.5%
-22.6%
Q2 24
3.2%
-3.6%
Q1 24
1.3%
20.6%
EPS (diluted)
PRIM
PRIM
UGI
UGI
Q4 25
$0.94
$1.34
Q3 25
$1.73
$-0.08
Q2 25
$1.54
$-0.76
Q1 25
$0.81
$2.19
Q4 24
$0.98
$1.74
Q3 24
$1.07
$-1.26
Q2 24
$0.91
$-0.23
Q1 24
$0.35
$2.30

Balance Sheet & Financial Strength

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

Metric
PRIM
PRIM
UGI
UGI
Cash + ST InvestmentsLiquidity on hand
$535.5M
$251.0M
Total DebtLower is stronger
$469.9M
$6.0B
Stockholders' EquityBook value
$1.7B
$5.0B
Total Assets
$4.4B
$15.8B
Debt / EquityLower = less leverage
0.28×
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRIM
PRIM
UGI
UGI
Q4 25
$535.5M
$251.0M
Q3 25
$431.4M
$335.0M
Q2 25
$390.3M
$350.0M
Q1 25
$351.6M
$426.0M
Q4 24
$455.8M
$240.0M
Q3 24
$352.7M
$213.0M
Q2 24
$207.4M
$183.0M
Q1 24
$177.6M
$263.0M
Total Debt
PRIM
PRIM
UGI
UGI
Q4 25
$469.9M
$6.0B
Q3 25
$486.0M
$6.5B
Q2 25
$603.1M
$5.7B
Q1 25
$612.0M
$6.6B
Q4 24
$734.8M
$6.6B
Q3 24
$903.7M
$6.4B
Q2 24
$933.0M
$6.3B
Q1 24
$951.7M
$6.7B
Stockholders' Equity
PRIM
PRIM
UGI
UGI
Q4 25
$1.7B
$5.0B
Q3 25
$1.6B
$4.8B
Q2 25
$1.5B
$4.9B
Q1 25
$1.4B
$5.0B
Q4 24
$1.4B
$4.6B
Q3 24
$1.4B
$4.3B
Q2 24
$1.3B
$4.7B
Q1 24
$1.2B
$4.8B
Total Assets
PRIM
PRIM
UGI
UGI
Q4 25
$4.4B
$15.8B
Q3 25
$4.6B
$15.5B
Q2 25
$4.5B
$15.4B
Q1 25
$4.2B
$15.7B
Q4 24
$4.2B
$15.4B
Q3 24
$4.2B
$15.1B
Q2 24
$4.0B
$15.1B
Q1 24
$4.0B
$15.6B
Debt / Equity
PRIM
PRIM
UGI
UGI
Q4 25
0.28×
1.19×
Q3 25
0.30×
1.37×
Q2 25
0.39×
1.17×
Q1 25
0.42×
1.32×
Q4 24
0.52×
1.44×
Q3 24
0.67×
1.48×
Q2 24
0.72×
1.34×
Q1 24
0.76×
1.40×

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
UGI
UGI
Operating Cash FlowLast quarter
$142.9M
$66.0M
Free Cash FlowOCF − Capex
$121.1M
$-155.0M
FCF MarginFCF / Revenue
6.5%
-7.5%
Capex IntensityCapex / Revenue
1.2%
10.7%
Cash ConversionOCF / Net Profit
2.76×
0.22×
TTM Free Cash FlowTrailing 4 quarters
$340.5M
$282.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRIM
PRIM
UGI
UGI
Q4 25
$142.9M
$66.0M
Q3 25
$182.9M
$90.0M
Q2 25
$78.5M
$289.0M
Q1 25
$66.2M
$684.0M
Q4 24
$298.3M
$164.0M
Q3 24
$222.5M
$151.0M
Q2 24
$16.1M
$390.0M
Q1 24
$-28.5M
$522.0M
Free Cash Flow
PRIM
PRIM
UGI
UGI
Q4 25
$121.1M
$-155.0M
Q3 25
$148.4M
$-168.0M
Q2 25
$45.3M
$67.0M
Q1 25
$25.6M
$538.0M
Q4 24
$270.0M
$-47.0M
Q3 24
$158.8M
$-115.0M
Q2 24
$-8.1M
$185.0M
Q1 24
$-38.9M
$353.0M
FCF Margin
PRIM
PRIM
UGI
UGI
Q4 25
6.5%
-7.5%
Q3 25
6.8%
-14.4%
Q2 25
2.4%
4.9%
Q1 25
1.6%
20.4%
Q4 24
15.5%
-2.4%
Q3 24
9.6%
-9.5%
Q2 24
-0.5%
13.7%
Q1 24
-2.8%
14.6%
Capex Intensity
PRIM
PRIM
UGI
UGI
Q4 25
1.2%
10.7%
Q3 25
1.6%
22.1%
Q2 25
1.8%
16.3%
Q1 25
2.5%
5.5%
Q4 24
1.6%
10.6%
Q3 24
3.9%
22.0%
Q2 24
1.5%
15.2%
Q1 24
0.7%
7.0%
Cash Conversion
PRIM
PRIM
UGI
UGI
Q4 25
2.76×
0.22×
Q3 25
1.93×
Q2 25
0.93×
Q1 25
1.50×
1.43×
Q4 24
5.53×
0.44×
Q3 24
3.81×
Q2 24
0.32×
Q1 24
-1.50×
1.05×

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%

UGI
UGI

Segment breakdown not available.

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