PRMB · Primo Brands Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q4 '23 | Q4 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.63B | - | $1.77B | $1.73B | $1.14B | - | $0 | - | - | - |
| Cost of Revenue | $1.16B | - | $1.24B | $884.60M | $790.30M | - | $0 | - | - | - |
| Gross Profit | $464.90M | - | $528.20M | $540.90M | $345.50M | - | $0 | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $336.70M | - | $343.00M | $256.30M | $218.70M | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | $0 | - | - | - |
| D&A | $141.00M | - | $163.10M | $74.30M | $75.20M | - | - | - | - | - |
| Operating Income | $138.00M | - | $146.40M | $159.00M | $124.80M | - | $0 | - | - | - |
| Interest Expense | $78.30M | - | $83.10M | $81.90M | $79.90M | - | $0 | - | - | - |
| Income Tax | $13.50M | - | $26.40M | $16.30M | $11.40M | - | $0 | - | - | - |
| Net Income | $27.30M | - | $16.80M | $27.60M | $33.50M | - | $0 | - | - | - |
| EPS - Basic | $0.08 | - | $0.05 | $0.07 | $0.15 | - | $0.00 | - | - | - |
| EPS - Diluted | $0.07 | - | $0.04 | $0.07 | $0.15 | - | $0.00 | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q4 '23 | Q4 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $288.20M | $376.70M | $422.70M | $412.00M | $33.10M | $613.70M | $0 | $44.70M | $105.80M | - |
| Accounts Receivable | $535.80M | $431.80M | $550.00M | $587.00M | $504.60M | $444.00M | - | $397.50M | - | - |
| Inventory | $247.90M | $223.50M | $233.90M | $248.30M | $252.20M | $208.40M | - | $180.40M | - | - |
| Accounts Payable | $498.20M | $518.90M | $561.10M | $533.60M | $485.60M | $471.60M | - | $356.50M | - | - |
| Current Assets | $1.29B | $1.22B | $1.47B | $1.50B | $1.39B | $1.53B | - | $698.00M | - | - |
| Total Assets | $10.59B | $10.60B | $10.96B | $11.05B | $10.98B | $11.19B | $0 | $5.15B | - | - |
| Current Liabilities | $1.32B | $1.28B | $1.43B | $1.42B | $1.31B | $1.41B | $2.0K | $782.80M | - | - |
| Long-term Debt | $5.08B | $5.08B | $5.02B | $5.02B | $4.98B | $4.96B | - | $3.45B | - | - |
| Total Liabilities | $7.63B | $7.61B | $7.80B | $7.80B | $7.65B | $7.75B | - | $5.15B | - | - |
| Stockholders' Equity | $2.96B | $2.99B | $3.16B | $3.25B | ($349.80M) | $3.44B | ($2.0K) | $2.70M | $134.60M | $341.40M |
| Retained Earnings | ($2.06B) | ($2.01B) | ($1.84B) | ($1.75B) | ($1.64B) | ($1.51B) | ($2.0K) | ($1.01B) | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q4 '23 | Q4 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $103.80M | - | $261.60M | $102.50M | $6.00M | - | - | - | - | - |
| Investing Cash Flow | ($111.00M) | - | ($41.10M) | ($47.60M) | ($41.70M) | - | - | - | - | - |
| Financing Cash Flow | ($81.00M) | - | ($62.00M) | ($69.80M) | $22.10M | - | - | - | - | - |
| CapEx | $104.50M | - | $32.30M | $41.10M | $23.50M | - | - | - | - | - |
| Free Cash Flow | ($700.0K) | - | $229.30M | $61.40M | ($17.50M) | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q4 '23 | Q4 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 28.6% | - | 29.9% | 31.3% | 30.4% | - | - | - | - | - |
| Operating margin | 8.5% | - | 8.3% | 9.2% | 11.0% | - | - | - | - | - |
| EBITDA margin | 17.2% | - | 17.5% | 13.5% | 17.6% | - | - | - | - | - |
| Net margin | 1.7% | - | 1.0% | 1.6% | 2.9% | - | - | - | - | - |
| Free cash flow margin | -0.0% | - | 13.0% | 3.5% | -1.5% | - | - | - | - | - |
| FCF / Net income | -0.03 | - | 13.65 | 2.22 | -0.52 | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 20.7% | - | 19.4% | 14.8% | 19.3% | - | - | - | - | - |
| Effective tax rate | 33.1% | - | 61.1% | 37.1% | 25.4% | - | - | - | - | - |
| Return on assets | 0.3% | - | 0.2% | 0.2% | 0.3% | - | - | - | - | - |
| Return on equity | 0.9% | - | 0.5% | 0.9% | -9.6% | - | 0.0% | - | - | - |
| Return on invested capital | 1.1% | - | 0.9% | 1.2% | 2.0% | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.98 | 0.95 | 1.02 | 1.06 | 1.07 | 1.08 | - | 0.89 | - | - |
| Quick ratio | 0.79 | 0.78 | 0.86 | 0.88 | 0.87 | 0.94 | - | 0.66 | - | - |
| Cash ratio | 0.22 | 0.29 | 0.29 | 0.29 | 0.03 | 0.43 | 0.00 | 0.06 | - | - |
| Leverage | ||||||||||
| Debt / Equity | 1.72 | 1.70 | 1.59 | 1.55 | -14.23 | 1.44 | - | 1278.04 | - | - |
| Debt / Assets | 0.48 | 0.48 | 0.46 | 0.45 | 0.45 | 0.44 | - | 0.67 | - | - |
| Debt / EBITDA | 18.22 | - | 16.21 | 21.53 | 24.88 | - | - | - | - | - |
| Interest coverage | 1.8x | - | 1.8x | 1.9x | 1.6x | - | - | - | - | - |
| Equity multiplier | 3.58 | 3.54 | 3.47 | 3.40 | -31.40 | 3.25 | 0.00 | 1908.81 | - | - |
| Liabilities / Assets | 0.72 | 0.72 | 0.71 | 0.71 | 0.70 | 0.69 | - | 1.00 | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.15 | - | 0.16 | 0.16 | 0.10 | - | - | - | - | - |
| Inventory turnover | 4.68 | - | 5.29 | 3.56 | 3.13 | - | - | - | - | - |
| Days sales outstanding | 120d | - | 114d | 124d | 162d | - | - | - | - | - |
| Days inventory outstanding | 78d | - | 69d | 102d | 116d | - | - | - | - | - |
| Days payable outstanding | 157d | - | 165d | 220d | 224d | - | - | - | - | - |
| Cash conversion cycle | 42d | - | 17d | 6d | 54d | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 269.0x | - | 552.5x | 423.1x | 236.6x | - | - | - | - | - |
| P / B | 2.3x | - | 2.6x | 2.0x | - | - | - | - | - | - |
| P / S | 4.2x | - | 4.7x | 3.7x | 6.8x | - | - | - | - | - |
| EV / EBITDA | 41.9x | - | 41.6x | 47.5x | 63.5x | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 43.2% | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 34.6% | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 10.6% | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | -18.5% | - | - | - | - | - | - | - | - | - |
| EPS growth (YoY) | -53.3% | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 96.0% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | -13.1% | - | - | - | 127463.0% | - | -98.0% | -60.6% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$6.66B totalReportable Segment$6.66B · 100.0%
Product / service
$6.66B totalRegional Spring Water$3.32B · 49.8%
Purified Water$2.10B · 31.5%
Product And Service Other$763.40M · 11.5%
Premium Water$349.90M · 5.3%
Other Water$128.80M · 1.9%
Peer comparison
Same SIC group: Beverages
Comparing Primo Brands Corp against the 5 most active filers in the same SIC group.
Dividends
$0.42/share trailing 12 months · -64.7% YoY
| Ex-date | Per share |
|---|---|
| Mar 6, 2026 | $0.1200 |
| Nov 25, 2025 | $0.1000 |
| Aug 21, 2025 | $0.1000 |
| Jun 6, 2025 | $0.1000 |
| Mar 7, 2025 | $0.1000 |
| Nov 22, 2024 | $0.0900 |
| Nov 5, 2024 | $0.8200 |
| Aug 22, 2024 | $0.0900 |
| Jun 7, 2024 | $0.0900 |
| Mar 7, 2024 | $0.0900 |
| Nov 20, 2023 | $0.0800 |
| Aug 23, 2023 | $0.0800 |
| Jun 1, 2023 | $0.0800 |
| Mar 9, 2023 | $0.0800 |
| Nov 28, 2022 | $0.0700 |
| Aug 23, 2022 | $0.0700 |
| Jun 9, 2022 | $0.0700 |
| Mar 10, 2022 | $0.0700 |
| Nov 22, 2021 | $0.0600 |
| Aug 18, 2021 | $0.0600 |
| Jun 3, 2021 | $0.0600 |
| Mar 11, 2021 | $0.0600 |
| Nov 23, 2020 | $0.0600 |
| Aug 18, 2020 | $0.0600 |