PRMB
Primo Brands Corporation
PRMB's fundamentals are mixed, but it looks cheap: trading at 42x earnings, below its usual 57x. Analysts expect earnings growth, though they disagree widely on how much.
PRMB Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Under pressure |
PRMB's profitability is currently healthy, and its revenue and cash flow are stable, but its balance sheet is under pressure.
PRMB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $23.81 | — |
| Cheap | 28x | $15.94 | -33% |
| Current | 42x | $23.81 | — |
| Fair | 56x | $32.16 | +35% |
| Expensive | 165x | $94.32 | +296% |
Historical ranges are pointers, not guarantees.
PRMB's PE is in its cheap range at 42x. If earnings grow as analysts expect, today's price would be 17x next year's earnings.
PRMB Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for PRMB, with profitability holding steady. However, they disagree widely on these estimates.
PRMB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.38 | +142% |
| Q3 2026 | $0.57 | +$0.88 |
| Q2 2026 | $0.27 | +$0.62 |
| Q1 2026 | $0.15 | +$0.32 |
| Q4 2025 | $0.16 | +$0.26 |
| Q3 2025 | -$0.31 | -174% |
| Q2 2025 | -$0.35 | -156% |
| Q1 2025 | -$0.17 | -133% |
| Q4 2024 | -$0.10 | -125% |
PRMB has returned to profit: it earned $0.57 per share over the past year, after losing money the year before.
PRMB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.8B | +3.1% |
| Q2 2026 | $1.8B | +3.8% |
| Q1 2026 | $1.6B | +0.8% |
| Q4 2025 | $1.6B | +11% |
| Q2 2025 | $1.7B | +32% |
| Q1 2025 | $1.6B | +42% |
| Q4 2024 | $1.4B | +29% |
| Q2 2024 | $1.3B | +192% |
PRMB's revenue has grown year over year for eight quarters in a row: $1.8B last quarter, up 3.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | +5.4 points |
| Q2 2026 | 10% | +3.5 points |
| Q1 2026 | 8.5% | -1 points |
| Q4 2025 | 1.2% | -5.7 points |
| Q3 2025 | 8.3% | N/A |
| Q2 2025 | 6.5% | -6.6 points |
| Q1 2025 | 9.5% | -2 points |
| Q4 2024 | 6.9% | -1.5 points |
PRMB's operating margin was 14% last quarter, up 5.4 points from the same quarter a year ago, near the top of its range since 2019.
PRMB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $214.9M | +28% |
| Q2 2026 | $142.4M | +41% |
| Q1 2026 | -$700K | +$22.5M |
| Q4 2025 | $57.3M | -64% |
| Q3 2025 | $167.7M | +$167.7M |
| Q2 2025 | $101.1M | +80% |
| Q1 2025 | -$23.2M | -$5.7M |
| Q4 2024 | $158.1M | +$198M |
PRMB generated $414M in free cash flow over the past year, up 2.5% from the year before.
PRMB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -426K shares |
| 1 year | -2.4% | -8.8M shares |
| 3 years | +128% | +205M shares |
| 5 years | +126% | +204M shares |
| Available history | +168% | +229M shares |
PRMB has 365M diluted shares, down 2.4% from a year ago, with $195M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $22.3M |
| Q2 2026 | $15.6M |
| Q1 2026 | $32.2M |
| Q4 2025 | $124.7M |
| Q3 2025 | $75.8M |
| Q2 2025 | $101.8M |
| Q1 2025 | $119.2M |
| Q4 2024 | $10.1M |
PRMB spent $195M buying back its own shares over the past year, down 37% from the year before.
PRMB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.9x | Elevated |
| Q2 2026 | 4.4x | High |
| Q1 2026 | 4.7x | High |
| Q4 2025 | 4.6x | High |
| Q3 2025 | 5.3x | High |
| Q2 2024 | 1.1x | Healthy |
| Q1 2024 | 1.6x | Healthy |
| Q4 2023 | 9.1x | High |
PRMB's net debt is about 3.9 years of its operating earnings (EBITDA), down from 5.3 years a year ago.
PRMB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.8 | Neutral |
| Stochastic | 48.1 | Neutral |
PRMB's weekly RSI is 60 (neutral) and its Stochastic is 48 (neutral).
PRMB PE vs Consumer Defensive Sector
| Metric | PRMB | Sector median | Relative |
|---|---|---|---|
| PE | 42x | 19x | 114% above |
| PE % | 20 | 18 | 2 pts above |
PRMB is trading at 42x earnings, a 114% premium to the Consumer Defensive sector's median of 19x.
PRMB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.5 | 16% above |
| 20 week MA | $22.0 | 8.1% above |
| 50 week MA | $20.9 | 14% above |
| 100 week MA | $24.6 | 3.1% below |
| 200 week MA | $21.3 | 12% above |
PRMB's trend is mixed: it's above four of its five weekly moving averages, and 12% above its 200-week average.
PRMB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.5 | $16.0 | +39% |
| 2021 | $16.0 | $17.5 | +9.2% |
| 2022 | $17.5 | $15.6 | -11% |
| 2023 | $15.6 | $15.1 | -3.5% |
| 2024 | $15.1 | $31.2 | +107% |
| 2025 | $31.2 | $16.6 | -47% |
| 2026 YTD | $16.6 | $23.8 | +43% |
PRMB's yearly returns have swung widely, from +107% in 2024 to −47% in 2025. It's up 43% so far in 2026.