Primo Water Corporation (PRMW)

Last Closing Price: 18.12 (2024-04-18)

Company Description

Primo Water Corporation is a leading pure-play water solutions provider in North America and Europe. Primo operates largely under a recurring razor/razorblade revenue model. The razor in Primo's revenue model is its industry leading line-up of sleek and innovative water dispensers, which are sold through major retailers and online at various price points or leased to customers. The dispensers help increase household penetration, which drives recurring purchases of Primo's razorblade offering. Primo's razorblade offering is comprised of Water Direct, Water Exchange, and Water Refill. Primo's water solutions expand consumer access to purified, spring and mineral water to promote a healthier, more sustainable lifestyle while simultaneously reducing plastic waste and pollution. Primo is committed to its water stewardship standards and is proud to partner with the International Bottled Water Association in North America as well as with Watercoolers Europe.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $1.77B
Net Income (Most Recent Fiscal Year) $238.10M
PE Ratio (Current Year Earnings Estimate) 22.01
PE Ratio (Trailing 12 Months) 26.26
PEG Ratio (Long Term Growth Estimate) 1.71
Price to Sales Ratio (Trailing 12 Months) 1.32
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 2.02
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 10.20
Pre-Tax Margin (Trailing 12 Months) 5.12%
Net Margin (Trailing 12 Months) 10.82%
Return on Equity (Trailing 12 Months) 8.55%
Return on Assets (Trailing 12 Months) 3.11%
Current Ratio (Most Recent Fiscal Quarter) 2.03
Quick Ratio (Most Recent Fiscal Quarter) 1.92
Debt to Common Equity (Most Recent Fiscal Quarter) 0.88
Inventory Turnover (Trailing 12 Months) 6.99
Book Value per Share (Most Recent Fiscal Quarter) $8.96
Earnings per Share (Most Recent Fiscal Quarter) $0.07
Earnings per Share (Most Recent Fiscal Year) $0.56
Diluted Earnings per Share (Trailing 12 Months) $1.49
Stock
Exchange NYSE
Sector Consumer Defensive
Industry Beverages - Non-Alcoholic
Common Shares Outstanding 160.79M
Free Float 153.72M
Market Capitalization $2.91B
Average Volume (Last 20 Days) 0.92M
Beta (Past 60 Months) 1.12
Percentage Held By Insiders (Latest Annual Proxy Report) 4.40%
Percentage Held By Institutions (Latest 13F Reports) 87.71%
Annual Dividend (Based on Last Quarter) $0.36
Dividend Yield (Based on Last Quarter) 1.99%