Stocks · Consumer Defensive · Beverages - Non-Alcoholic
Primo Brands Corporation PRMB
$19.51 +2.41% Close, Oct 2, 2026 · NYSE · Market cap $7.08B
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 4.4× EBITDA, a high level of leverage.
- Revenue over the last four quarters was $6.74B, up 28.4% from a year earlier, slowing from 38.0% a quarter earlier.
- The diluted share count fell 3.0% in a year, mainly through buybacks.
PromtFinance scores
Each score is a percentile within the Consumer Defensive sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth63Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 5%
- FCF growth (TTM, YoY)Bottom 29%
- Revenue growth, 3-year CAGRTop 1%
- Revenue growth accelerationBottom 5%
Quality40Weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 29%
- Gross marginBottom 43%
- Operating marginTop 44%
- Cash conversion (OCF / net income)Top 10%
- Accruals (lower is better)Top 43%
- Net debt / EBITDA (lower is better)Bottom 20%
- Interest coverBottom 29%
Value41Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 33%
- Free-cash-flow yieldBottom 45%
- EBITDA / enterprise valueTop 34%
- Sales / enterprise valueBottom 32%
- P/E vs own 5-year history (lower is better)Bottom 43%
Momentum57Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 41%
- 6-month returnTop 31%
- 1-year return vs S&P 500Top 50%
- Distance from 52-week highTop 49%
- Trend checklist (0–4)Top 44%
Revisions76Positive
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 50%
- Consecutive EPS beatsBottom 38%
- Share of analysts rating BuyTop 14%
- Upside to consensus price targetTop 27%
Stability25Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 45%
- Maximum drawdown, 3 yearsBottom 38%
- Beta vs S&P 500 (lower is better)Bottom 31%
- Net debt / EBITDA (lower is better)Bottom 20%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 38.0% | 28.4% | ↓ |
| Gross margin | 34.7% | 29.4% | ↓ |
| Operating margin | 9.9% | 8.1% | ↓ |
| FCF margin | 8.9% | 5.6% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 28.4% | 38.0% | ↓ | Top 5% |
| Gross margin | 29.4% | 34.7% | ↓ | Bottom 43% |
| Operating margin | 8.1% | 9.9% | ↓ | Top 44% |
| Net margin | 1.5% | -1.3% | ↑ | — |
| Free-cash-flow margin | 5.6% | 8.9% | ↓ | — |
| Return on invested capital | 3.5% | — | Bottom 29% | |
| Revenue growth, 3-year CAGR | 57.9% | — | Top 1% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -6.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -30.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 4.40×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.29%
- Net buyback yield (TTM)
- 3.32%
- Shareholder yield
- 5.61%
- Share count change, 1 year
- -3.0%
- Share count change, 3-year CAGR
- +31.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +9.2%
- Average 2-day reaction, last 8
- -0.1%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $28.50
- Target vs current price
- +46.1%
- Analysts with a rating
- 10
- Share rating Buy or Strong Buy
- 80%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +14.9% | +8.7% | +1.4% | -1.6% | — |
| May 7, 2026 | -4.2% | +12.3% | +18.3% | +16.3% | +12.8% |
| Feb 26, 2026 | +18.2% | +15.4% | +15.4% | -6.2% | +17.6% |
| Nov 6, 2025 | +7.9% | -21.9% | -29.0% | -28.3% | -16.3% |
| Aug 7, 2025 | -16.3% | -9.1% | -7.6% | -4.9% | -17.4% |
| May 8, 2025 | +20.8% | -1.6% | -3.0% | -6.3% | -18.1% |
| Feb 20, 2025 | -31.6% | -0.7% | +3.1% | -2.6% | -2.0% |
| Nov 7, 2024 | +17.6% | -4.2% | +10.9% | +15.9% | +31.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $0.37 | $0.32 | +14.9% | $1.80B |
| May 7, 2026 | $0.23 | $0.24 | -4.2% | $1.63B |
| Feb 26, 2026 | $0.26 | $0.22 | +18.2% | $1.55B |
| Nov 6, 2025 | $0.41 | $0.38 | +7.9% | $1.77B |
| Aug 7, 2025 | $0.36 | $0.43 | -16.3% | $1.73B |
| May 8, 2025 | $0.29 | $0.24 | +20.8% | $1.61B |
| Feb 20, 2025 | $0.13 | $0.19 | -31.6% | $1.40B |
| Nov 7, 2024 | $0.35 | $0.30 | +17.6% | $1.31B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 71.2× | 70.1× | 50th | Bottom 33% |
| P/E (forward) | 14.7× | — | — | — |
| EV / EBITDA | 10.3× | — | — | Top 34% |
| EV / Sales | 1.84× | — | — | Bottom 32% |
| Free-cash-flow yield | 5.35% | — | — | Bottom 45% |
| Earnings yield | 1.41% | — | — | Bottom 33% |
P/E over the past five years
Range 18.1× – 222.2× since Dec 31, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -6.9%
- 200-day average slope (20 days)
- +2.2%
- Distance from 50-day average
- -11.7%
- Distance from 200-day average
- -7.7%
- RSI (14)
- 34.9
- Relative volume
- 0.64×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 37.5%
- Volatility vs own 5-year history
- 81th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.63
- Correlation with S&P 500
- 0.21
- Current drawdown from 1-year high
- -23.2%
- Maximum drawdown, 3 years
- -59.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 3, 2025 | Nov 7, 2025 | -59.4% | 151 days | Not yet recovered |
| Nov 16, 2021 | Aug 9, 2022 | -37.9% | 182 days | 435 days (May 2, 2024) |
| Feb 9, 2021 | Feb 26, 2021 | -18.3% | 12 days | 55 days (May 17, 2021) |
| Feb 24, 2025 | Mar 10, 2025 | -14.1% | 10 days | 14 days (Mar 28, 2025) |
| Oct 12, 2020 | Oct 30, 2020 | -13.8% | 14 days | 6 days (Nov 9, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $7.08B
- P/E (TTM)
- 71.2
- EPS, diluted (TTM)
- $0.27
- Revenue (TTM)
- $6.74B
- Dividend yield
- 2.36%
- 52-week range
- $14.36 – $26.21
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.07B | $1.69B | $4.70B | $5.15B | $6.66B |
| Gross profit | $1.16B | $1.02B | $1.35B | $1.62B | $2.14B |
| Operating income | $125.5M | $135.4M | $422.9M | $564.4M | $751.5M |
| Net income | -$3.2M | $29.6M | $92.8M | -$16.4M | $60.1M |
| EPS (diluted) | -$0.02 | $0.18 | $0.40 | -$0.07 | $0.16 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $511.4M | $1.40B | $1.61B | $1.73B | $1.77B | $1.55B | $1.63B | $1.80B |
| Net income | $30.6M | -$157.7M | $28.7M | $27.6M | $16.8M | -$13.0M | $27.3M | $69.2M |
| EPS (diluted) | $0.24 | -$0.50 | $0.08 | $0.07 | $0.04 | -$0.04 | $0.07 | $0.19 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $247.1M | $281.6M | $320.9M | $467.2M | $687.4M |
| Capital expenditure | -$152.0M | -$162.1M | -$203.6M | -$150.2M | -$377.4M |
| Free cash flow | $95.1M | $119.5M | $117.3M | $317.0M | $310.0M |
| Dividends paid | -$38.9M | -$45.4M | $0 | -$615.8M | -$151.3M |
| Net share buybacks | -$22.6M | -$25.2M | -$180.3M | -$8.5M | -$410.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $366.8M
- Total assets
- $10.64B
- Total liabilities
- $7.66B
- Total debt
- $5.70B
- Net debt
- $5.33B
- Shareholders’ equity
- $2.98B
As of Jun 30, 2026 (filed Aug 5, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 24, 2026 | $0.12 | Sep 8, 2026 |
| Jun 4, 2026 | $0.12 | Jun 15, 2026 |
| Mar 6, 2026 | $0.12 | Mar 23, 2026 |
| Nov 25, 2025 | $0.10 | Dec 5, 2025 |
| Aug 21, 2025 | $0.10 | Sep 4, 2025 |
| Jun 6, 2025 | $0.10 | Jun 17, 2025 |
| Mar 7, 2025 | $0.10 | Mar 24, 2025 |
| Nov 22, 2024 | $0.09 | Dec 5, 2024 |
Short interest
- Shares sold short
- 29,508,096
- Days to cover
- 5.41
- Change vs previous report
- +4.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 26, 1993
- 2-for-1
- Jul 23, 1992
- 2-for-1