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Energy Services of America vs Primoris Services: revenue, profit, margins and growth compared

Energy Services of America brought in $411M of revenue in fiscal 2025, Primoris Services $7.6B in fiscal 2025. Revenue changed by +16.8% at Energy Services of America and +19.0% at Primoris Services on the year before, so Primoris Services grew faster. Free cash flow was -$2.2M at Energy Services of America and $340.5M at Primoris Services.

Side by side, latest fiscal year

ESOAPRIM
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$411M$7.6B
Revenue growth+16.8%+19.0%
Net incomen/a$274.9M
Net marginn/a3.6%
Free cash flow-$2.2M$340.5M
Free cash flow margin-0.5%4.5%
Earnings per share (diluted)$0.02$5.02
Cash$12.2M$535.5M
Debt$72.2M$469.9M
Price to earnings556.014.5
Market value$207.5M$3.9B
Dividend yieldn/a0.44%
Rank by revenue in sector#337 of 451 · Industrials#88 of 451 · Industrials

Over the years

Revenue
ESOA FY2018: $135.5MESOA FY2019: $174.5MESOA FY2020: $119.2MESOA FY2021: $122.5MESOA FY2022: $197.6MESOA FY2023: $304.1MESOA FY2024: $351.9MESOA FY2025: $411MPRIM FY2018: $2.9BPRIM FY2019: $3.1BPRIM FY2020: $3.5BPRIM FY2021: $3.5BPRIM FY2022: $4.4BPRIM FY2023: $5.7BPRIM FY2024: $6.4BPRIM FY2025: $7.6BFY18FY19FY20FY21FY22FY23FY24FY25
ESOA $411MPRIM $7.6B
Net income
ESOA FY2018: $2.5MESOA FY2019: $1.7MESOA FY2020: $2.1MESOA FY2021: -$1.2MESOA FY2022: $3.8MPRIM FY2018: $77.5MPRIM FY2019: $82.3MPRIM FY2020: $105MPRIM FY2021: $115.7MPRIM FY2022: $133MPRIM FY2023: $126.1MPRIM FY2024: $180.9MPRIM FY2025: $274.9MFY18FY19FY20FY21FY22FY23FY24FY25
ESOA $3.8MPRIM $274.9M
Net margin
ESOA FY2018: 1.9%ESOA FY2019: 1.0%ESOA FY2020: 1.8%ESOA FY2021: -1.0%ESOA FY2022: 1.9%PRIM FY2018: 2.6%PRIM FY2019: 2.7%PRIM FY2020: 3.0%PRIM FY2021: 3.3%PRIM FY2022: 3.0%PRIM FY2023: 2.2%PRIM FY2024: 2.8%PRIM FY2025: 3.6%FY18FY19FY20FY21FY22FY23FY24FY25
ESOA 1.9%PRIM 3.6%
Revenue growth
ESOA FY2019: +28.8%ESOA FY2020: -31.7%ESOA FY2021: +2.7%ESOA FY2022: +61.3%ESOA FY2023: +53.9%ESOA FY2024: +15.7%ESOA FY2025: +16.8%PRIM FY2019: +5.7%PRIM FY2020: +12.4%PRIM FY2021: +0.2%PRIM FY2022: +26.4%PRIM FY2023: +29.3%PRIM FY2024: +11.4%PRIM FY2025: +19.0%FY19FY20FY21FY22FY23FY24FY25
ESOA +16.8%PRIM +19.0%
Free cash flow
ESOA FY2018: $7.2MESOA FY2019: $961.9KESOA FY2020: $11.5MESOA FY2021: -$5.2MESOA FY2022: $3MESOA FY2023: $10.2MESOA FY2024: $9.9MESOA FY2025: -$2.2MPRIM FY2018: $16.6MPRIM FY2019: $24.5MPRIM FY2020: $248.6MPRIM FY2021: -$54.1MPRIM FY2022: -$11.3MPRIM FY2023: $95.5MPRIM FY2024: $381.8MPRIM FY2025: $340.5MFY18FY19FY20FY21FY22FY23FY24FY25
ESOA -$2.2MPRIM $340.5M

Fiscal years as each company reports them; the two may end in different months.

Questions about Energy Services of America and Primoris Services

Which is bigger by revenue, Energy Services of America or Primoris Services?

Primoris Services is bigger by revenue: $7.6B in fiscal 2025, against $411M for Energy Services of America in fiscal 2025.

Which grew revenue faster, Energy Services of America or Primoris Services?

In their latest fiscal years revenue changed by +16.8% at Energy Services of America and +19.0% at Primoris Services.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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