Primo Brands Corp (PRMB)

Primo Brands Corporation operates as a branded beverage company in North America. It offers bottle water solutions and water filtration services; and premium spring and sparkling water, purified water, self-service refill drinking water, flavored and enhanced beverages, water dispensers, and filtration equipment. The company has a portfolio of packaged branded beverages under the Poland Spring, Pure Life, Saratoga, Mountain Valley, Arrowhead, Deer Park, Ice Mountain, Ozarka, and Zephyrhills brands; purified brands, including Primo Water and Sparkletts; and flavored and enhanced brands, such as AC+ION and Splash Refresher. It distributes direct-to-consumer, retail, commercial and residential customers, and e-commerce and digital platforms. The company is based in Tampa, Florida.

Symbol
PRMB
Exchange
NYSE
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Market cap
$7.13B
52 week range
14.36 - 26.21

Valuation

Share price
$19.75 (close of 2026-09-23)
P/E (TTM)
70.29x
Price to book
2.39x
Price to free cash flow
19.45x
Enterprise value
$12.46B
Book value per share
$8.22

Price performance

PeriodChange
1 day-3.56%
5 days-5.28%
1 month-14.58%
3 months-18.59%
6 months+5.11%
Year to date+20.80%
1 year-11.59%
3 years+40.07%
5 years+19.19%
10 years+31.41%
All time+326.57%

Profitability and growth

Return on equity
2.01%
Return on invested capital
4.39%
Return on assets
0.57%
Return on capital employed
4.62%
Gross margin
30.32%
Net margin
0.90%
EBITDA margin
15.62%
Revenue growth
29.34%
Net income growth
466.46%
Free cash flow growth
-3.41%

Cash flow and balance sheet

Free cash flow yield (TTM)
5.14%
Current ratio
1.05x
Net debt to EBITDA
4.74x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$6.66B
Cost of revenue
$4.64B
Gross profit
$2.02B
EBITDA
$1.04B
Net income
$60.10M
Earnings per share
$0.16
Shares outstanding
373.51M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$6.66B$2.02B$60.10M$0.16
2024-12-31$5.15B$1.62B$-16.40M$-0.07
2023-12-31$4.70B$1.35B$92.80M$0.29
2022-12-31$4.44B$994.20M$-126.70M$-0.74

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3130.32%0.90%2.01%4.39%
2024-12-3131.47%-0.32%-0.48%3.84%
2023-12-3128.77%1.98%3437.04%9.49%
2022-12-3122.39%-2.85%-94.13%0.59%

Cash and debt by year

Period endCashDebt
2025-12-31$376.70M$5.08B
2024-12-31$613.70M$4.96B
2023-12-31$44.70M$3.45B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$302.90M$49.90M
2024-12-31$313.60M$8.70M
2023-12-31$117.30M$1.30M
2022-12-31$-150.20M$1.80M

Dividend history

Most recent payment
2026-08-24
Paid in the last twelve months
$0.46
Payment dateDividend per share
2026-08-24$0.12
2026-06-04$0.12
2026-03-06$0.12
2025-11-25$0.10
2025-08-21$0.10
2025-06-06$0.10
2025-03-07$0.10
2024-11-22$0.09

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$0.40

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026$0.32
2026-05-07--
2026-02-26--
2025-11-06--
2025-08-07--
2025-05-08--
2025-02-20--

Filings and sources

Company website
primobrands.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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All Consumer Defensive companies

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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