vs

Side-by-side financial comparison of Perimeter Solutions, Inc. (PRM) and REX AMERICAN RESOURCES Corp (REX). Click either name above to swap in a different company.

REX AMERICAN RESOURCES Corp is the larger business by last-quarter revenue ($175.6M vs $102.8M, roughly 1.7× Perimeter Solutions, Inc.). REX AMERICAN RESOURCES Corp runs the higher net margin — 15.6% vs -136.5%, a 152.1% gap on every dollar of revenue. On growth, Perimeter Solutions, Inc. posted the faster year-over-year revenue change (19.2% vs 0.4%). REX AMERICAN RESOURCES Corp produced more free cash flow last quarter ($24.5M vs $11.6M). Over the past eight quarters, Perimeter Solutions, Inc.'s revenue compounded faster (31.9% CAGR vs -3.2%).

Perimeter 81 is an Israeli cloud and network security company that develops secure remote networks, based on the zero trust architecture, for organizations. Its technology replaces legacy security appliances like VPNs and firewalls.

REX American Resources Corp. is an American producer and retailer of ethanol, distillers grains and natural gas as well as a holding company in energy entities. It was founded in 1980 and is headquartered in Dayton, Ohio. The company has the entire ownership of three affiliated corporations including Rex Radio and Television, Inc., Stereo Town, Inc. and Kelly & Cohen Appliances, Inc. As of 2012, the company has the ownership of 22 national retail stores and invested in five ethanol production...

PRM vs REX — Head-to-Head

Bigger by revenue
REX
REX
1.7× larger
REX
$175.6M
$102.8M
PRM
Growing faster (revenue YoY)
PRM
PRM
+18.7% gap
PRM
19.2%
0.4%
REX
Higher net margin
REX
REX
152.1% more per $
REX
15.6%
-136.5%
PRM
More free cash flow
REX
REX
$12.9M more FCF
REX
$24.5M
$11.6M
PRM
Faster 2-yr revenue CAGR
PRM
PRM
Annualised
PRM
31.9%
-3.2%
REX

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
PRM
PRM
REX
REX
Revenue
$102.8M
$175.6M
Net Profit
$-140.2M
$27.5M
Gross Margin
45.2%
20.6%
Operating Margin
-160.7%
20.2%
Net Margin
-136.5%
15.6%
Revenue YoY
19.2%
0.4%
Net Profit YoY
-197.3%
-8.7%
EPS (diluted)
$-0.89
$0.71

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
PRM
PRM
REX
REX
Q4 25
$102.8M
$175.6M
Q3 25
$315.4M
$158.6M
Q2 25
$162.6M
$158.3M
Q1 25
$72.0M
$158.2M
Q4 24
$86.2M
$174.9M
Q3 24
$288.4M
$148.2M
Q2 24
$127.3M
$161.2M
Q1 24
$59.0M
$187.6M
Net Profit
PRM
PRM
REX
REX
Q4 25
$-140.2M
$27.5M
Q3 25
$-90.7M
$9.3M
Q2 25
$-32.2M
$10.7M
Q1 25
$56.7M
$14.1M
Q4 24
$144.2M
$30.1M
Q3 24
$-89.2M
$15.0M
Q2 24
$21.6M
$12.3M
Q1 24
$-82.6M
$25.3M
Gross Margin
PRM
PRM
REX
REX
Q4 25
45.2%
20.6%
Q3 25
63.1%
9.0%
Q2 25
62.4%
9.1%
Q1 25
39.1%
11.1%
Q4 24
48.6%
22.7%
Q3 24
62.8%
13.3%
Q2 24
57.6%
9.0%
Q1 24
35.1%
16.2%
Operating Margin
PRM
PRM
REX
REX
Q4 25
-160.7%
20.2%
Q3 25
-27.7%
Q2 25
-16.1%
Q1 25
11.3%
Q4 24
71.1%
22.6%
Q3 24
-12.2%
13.2%
Q2 24
35.4%
9.9%
Q1 24
-126.8%
17.3%
Net Margin
PRM
PRM
REX
REX
Q4 25
-136.5%
15.6%
Q3 25
-28.7%
5.9%
Q2 25
-19.8%
6.7%
Q1 25
78.7%
8.9%
Q4 24
167.2%
17.2%
Q3 24
-30.9%
10.1%
Q2 24
17.0%
7.6%
Q1 24
-139.8%
13.5%
EPS (diluted)
PRM
PRM
REX
REX
Q4 25
$-0.89
$0.71
Q3 25
$-0.62
$0.43
Q2 25
$-0.22
$0.51
Q1 25
$0.36
$-0.32
Q4 24
$1.00
$0.69
Q3 24
$-0.61
$0.70
Q2 24
$0.14
$0.58
Q1 24
$-0.57
$-0.58

Balance Sheet & Financial Strength

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

Metric
PRM
PRM
REX
REX
Cash + ST InvestmentsLiquidity on hand
$325.9M
$335.5M
Total DebtLower is stronger
$669.1M
Stockholders' EquityBook value
$1.1B
$566.9M
Total Assets
$2.7B
$750.1M
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRM
PRM
REX
REX
Q4 25
$325.9M
$335.5M
Q3 25
$340.6M
$310.5M
Q2 25
$140.7M
$315.9M
Q1 25
$200.1M
$359.1M
Q4 24
$198.5M
$365.1M
Q3 24
$223.1M
$346.0M
Q2 24
$43.2M
$351.8M
Q1 24
$38.7M
$378.7M
Total Debt
PRM
PRM
REX
REX
Q4 25
$669.1M
Q3 25
$668.8M
Q2 25
$668.4M
Q1 25
$668.1M
Q4 24
$667.8M
Q3 24
$667.4M
Q2 24
$667.1M
Q1 24
$666.8M
Stockholders' Equity
PRM
PRM
REX
REX
Q4 25
$1.1B
$566.9M
Q3 25
$1.1B
$545.8M
Q2 25
$1.2B
$536.4M
Q1 25
$1.2B
$560.3M
Q4 24
$1.2B
$564.5M
Q3 24
$1.0B
$539.6M
Q2 24
$1.1B
$524.5M
Q1 24
$1.1B
$513.9M
Total Assets
PRM
PRM
REX
REX
Q4 25
$2.7B
$750.1M
Q3 25
$2.6B
$700.6M
Q2 25
$2.5B
$693.8M
Q1 25
$2.4B
$720.0M
Q4 24
$2.4B
$715.7M
Q3 24
$2.5B
$680.0M
Q2 24
$2.3B
$671.0M
Q1 24
$2.3B
$664.8M
Debt / Equity
PRM
PRM
REX
REX
Q4 25
0.59×
Q3 25
0.60×
Q2 25
0.57×
Q1 25
0.55×
Q4 24
0.58×
Q3 24
0.67×
Q2 24
0.62×
Q1 24
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PRM
PRM
REX
REX
Operating Cash FlowLast quarter
$18.6M
$51.2M
Free Cash FlowOCF − Capex
$11.6M
$24.5M
FCF MarginFCF / Revenue
11.3%
14.0%
Capex IntensityCapex / Revenue
6.8%
15.2%
Cash ConversionOCF / Net Profit
1.87×
TTM Free Cash FlowTrailing 4 quarters
$208.6M
$17.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRM
PRM
REX
REX
Q4 25
$18.6M
$51.2M
Q3 25
$198.7M
$16.3M
Q2 25
$-2.9M
$-3.5M
Q1 25
$23.7M
$25.1M
Q4 24
$-6.0M
$33.4M
Q3 24
$183.0M
$8.0M
Q2 24
$8.6M
$-2.3M
Q1 24
$2.8M
$62.5M
Free Cash Flow
PRM
PRM
REX
REX
Q4 25
$11.6M
$24.5M
Q3 25
$193.6M
$-5.7M
Q2 25
$-15.6M
$-10.4M
Q1 25
$18.9M
$9.2M
Q4 24
$-12.4M
$18.2M
Q3 24
$179.1M
$-7.4M
Q2 24
$5.0M
$-27.1M
Q1 24
$1.2M
$47.2M
FCF Margin
PRM
PRM
REX
REX
Q4 25
11.3%
14.0%
Q3 25
61.4%
-3.6%
Q2 25
-9.6%
-6.6%
Q1 25
26.3%
5.8%
Q4 24
-14.4%
10.4%
Q3 24
62.1%
-5.0%
Q2 24
3.9%
-16.8%
Q1 24
2.1%
25.2%
Capex Intensity
PRM
PRM
REX
REX
Q4 25
6.8%
15.2%
Q3 25
1.6%
13.9%
Q2 25
7.8%
4.4%
Q1 25
6.7%
10.0%
Q4 24
7.5%
8.7%
Q3 24
1.3%
10.4%
Q2 24
2.9%
15.4%
Q1 24
2.6%
8.2%
Cash Conversion
PRM
PRM
REX
REX
Q4 25
1.87×
Q3 25
1.75×
Q2 25
-0.33×
Q1 25
0.42×
1.78×
Q4 24
-0.04×
1.11×
Q3 24
0.53×
Q2 24
0.40×
-0.18×
Q1 24
2.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRM
PRM

Products$87.7M85%
Service And Other$14.8M14%

REX
REX

Ethanol$136.0M77%
Dried Distillers Grains$22.4M13%
Distillers Corn Oil$16.4M9%
Modified Distillers Grains$1.2M1%

Related Comparisons