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Side-by-side financial comparison of Primo Brands Corp (PRMB) and Snap-on (SNA). Click either name above to swap in a different company.
Primo Brands Corp is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.3× Snap-on). Snap-on runs the higher net margin — 21.3% vs -0.8%, a 22.2% gap on every dollar of revenue. Snap-on produced more free cash flow last quarter ($254.6M vs $57.3M).
Primo Brands Corporation is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe and Israel.
Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry, including the automotive, heavy duty, equipment, marine, aviation, and railroad industries. Headquartered in Kenosha, Wisconsin, since 1930, Snap-on also distributes lower-end tools under the brand name Blue-Point. Their primary competitors include Matco, Mac Tools, and Cornwell Tools.
PRMB vs SNA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $1.2B |
| Net Profit | $-13.0M | $260.7M |
| Gross Margin | 27.7% | — |
| Operating Margin | 1.2% | 27.8% |
| Net Margin | -0.8% | 21.3% |
| Revenue YoY | — | 2.7% |
| Net Profit YoY | — | 1.0% |
| EPS (diluted) | $-0.03 | $4.94 |
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.
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.6B | $1.1B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $0 | $1.1B | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $1.1B | $1.2B |
| Q4 25 | $-13.0M | $260.7M | ||
| Q3 25 | $16.8M | $265.4M | ||
| Q2 25 | $27.6M | $250.3M | ||
| Q1 25 | $28.7M | $240.5M | ||
| Q4 24 | — | $258.1M | ||
| Q3 24 | $-2.0K | $251.1M | ||
| Q2 24 | $54.5M | $271.2M | ||
| Q1 24 | $33.5M | $263.5M |
| Q4 25 | 27.7% | — | ||
| Q3 25 | 29.9% | — | ||
| Q2 25 | 31.3% | — | ||
| Q1 25 | 32.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 32.7% | — | ||
| Q1 24 | 30.4% | — |
| Q4 25 | 1.2% | 27.8% | ||
| Q3 25 | 8.3% | 29.4% | ||
| Q2 25 | 6.5% | 28.0% | ||
| Q1 25 | 9.5% | 27.7% | ||
| Q4 24 | — | 27.9% | ||
| Q3 24 | — | 28.4% | ||
| Q2 24 | 12.1% | 29.9% | ||
| Q1 24 | 11.0% | 28.9% |
| Q4 25 | -0.8% | 21.3% | ||
| Q3 25 | 1.0% | 22.5% | ||
| Q2 25 | 1.6% | 21.4% | ||
| Q1 25 | 1.8% | 21.2% | ||
| Q4 24 | — | 21.7% | ||
| Q3 24 | — | 22.0% | ||
| Q2 24 | 4.1% | 23.1% | ||
| Q1 24 | 2.9% | 22.4% |
| Q4 25 | $-0.03 | $4.94 | ||
| Q3 25 | $0.04 | $5.02 | ||
| Q2 25 | $0.07 | $4.72 | ||
| Q1 25 | $0.08 | $4.51 | ||
| Q4 24 | — | $4.83 | ||
| Q3 24 | $-20.00 | $4.70 | ||
| Q2 24 | $0.25 | $5.07 | ||
| Q1 24 | $0.15 | $4.91 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $376.7M | — |
| Total DebtLower is stronger | $5.2B | — |
| Stockholders' EquityBook value | $3.0B | — |
| Total Assets | $10.6B | — |
| Debt / EquityLower = less leverage | 1.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $376.7M | — | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.1B |
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.1B | $1.2B | ||
| Q2 25 | $5.1B | $1.2B | ||
| Q1 25 | $5.0B | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.0B | — | ||
| Q3 25 | $3.2B | $5.8B | ||
| Q2 25 | $3.2B | $5.7B | ||
| Q1 25 | $3.3B | $5.5B | ||
| Q4 24 | — | $5.4B | ||
| Q3 24 | $-2.0K | $5.5B | ||
| Q2 24 | $-296.8M | $5.3B | ||
| Q1 24 | $-349.8M | $5.1B |
| Q4 25 | $10.6B | — | ||
| Q3 25 | $11.0B | $8.4B | ||
| Q2 25 | $11.0B | $8.2B | ||
| Q1 25 | $11.0B | $8.1B | ||
| Q4 24 | — | $7.9B | ||
| Q3 24 | $0 | $8.0B | ||
| Q2 24 | — | $7.8B | ||
| Q1 24 | — | $7.7B |
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.61× | 0.21× | ||
| Q2 25 | 1.57× | 0.21× | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $203.1M | $268.1M |
| Free Cash FlowOCF − Capex | $57.3M | $254.6M |
| FCF MarginFCF / Revenue | 3.7% | 20.8% |
| Capex IntensityCapex / Revenue | 9.4% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 1.03× |
| TTM Free Cash FlowTrailing 4 quarters | $302.9M | $1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $203.1M | $268.1M | ||
| Q3 25 | $283.4M | $277.9M | ||
| Q2 25 | $155.0M | $237.2M | ||
| Q1 25 | $38.8M | $298.5M | ||
| Q4 24 | — | $293.5M | ||
| Q3 24 | $0 | $274.2M | ||
| Q2 24 | $102.5M | $301.1M | ||
| Q1 24 | $6.0M | $348.7M |
| Q4 25 | $57.3M | $254.6M | ||
| Q3 25 | $167.7M | $258.0M | ||
| Q2 25 | $101.1M | $217.5M | ||
| Q1 25 | $-23.2M | $275.6M | ||
| Q4 24 | — | $275.4M | ||
| Q3 24 | — | $253.8M | ||
| Q2 24 | $61.4M | $277.9M | ||
| Q1 24 | $-17.5M | $326.9M |
| Q4 25 | 3.7% | 20.8% | ||
| Q3 25 | 9.5% | 21.8% | ||
| Q2 25 | 5.8% | 18.6% | ||
| Q1 25 | -1.4% | 24.3% | ||
| Q4 24 | — | 23.1% | ||
| Q3 24 | — | 22.3% | ||
| Q2 24 | 4.7% | 23.7% | ||
| Q1 24 | -1.5% | 27.8% |
| Q4 25 | 9.4% | 1.1% | ||
| Q3 25 | 6.6% | 1.7% | ||
| Q2 25 | 3.1% | 1.7% | ||
| Q1 25 | 3.8% | 2.0% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | 3.1% | 2.0% | ||
| Q1 24 | 2.1% | 1.9% |
| Q4 25 | — | 1.03× | ||
| Q3 25 | 16.87× | 1.05× | ||
| Q2 25 | 5.62× | 0.95× | ||
| Q1 25 | 1.35× | 1.24× | ||
| Q4 24 | — | 1.14× | ||
| Q3 24 | — | 1.09× | ||
| Q2 24 | 1.88× | 1.11× | ||
| Q1 24 | 0.18× | 1.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRMB
| Regional Spring Water | $765.1M | 49% |
| Purified Water | $484.5M | 31% |
| Other | $188.4M | 12% |
| Premium Water | $90.3M | 6% |
| Other Water | $25.8M | 2% |
SNA
Segment breakdown not available.
