Primo Brands Corporation

PRMB

$21.79

-0.55%

2026-09-04 09:42:37 EDT-$0.12

Consumer Defensive

Beverages - Non-Alcoholic

NYSE

Active Trading

Primo Brands Corp. is a branded beverage company, which focuses on healthy hydration. It delivers sustainably and domestically sourced diversified offerings across ...

Price Action of PRMB

$21.79

-0.55%-$0.12

High—

Low—

52W High-16.4%

Rel. vol—

Interval

Range12m

Volume—SMA5SMA10

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Primo Brands Corporation, headquartered in Tampa, Florida, was formed in November 2024 through a merger of Primo Water and BlueTriton Brands. The company specializes in bottled water and water filtration solutions, providing a diverse portfolio that includes iconic brands like Deer Park, Poland Spring, and Pure Life. Primo Brands operates ...Primo Brands Corporation, headquartered in Tampa, Florida, was formed in November 2024 through a merger of Primo Water and BlueTriton Brands. The company specializes in bottled water and water filtration solutions, providing a diverse portfolio that includes iconic brands like Deer Park, Poland Spring, and Pure Life. Primo Brands operates a vertically integrated coast-to-coast network, distributing to over 200,000 retail outlets and offering direct-to-consumer delivery. Their products include single-serve bottles, multi-serve containers, and reusable packaging, emphasizing environmental stewardship with recycling programs. Financially, the company reported a market cap of approximately $8.55 billion, with revenue per share around $18.58 and a net profit margin of 1.5%. The CEO, Eric Foss, leads a team of over 12,000 employees. The company is committed to sustainability, having launched water replenishment initiatives and aiming to reduce plastic waste. Key financial metrics include a gross profit margin of 29.4% and an EBITDA margin of 18.0%, reflecting strong operational performance. With a focus on healthy hydration, Primo Brands continues to expand its market presence in the U.S. and Canada.ExpandCollapse

Founded

2024

Employees

12000

CEO

Eric J. Foss

Full Name

Primo Brands Corporation

Sector

Consumer Defensive

Industry

Beverages - Non-Alcoholic

ROE

3.32%

Market Cap

$7.89B

Current Ratio

1.05

WACC

5.39%

ROIC

2.80%

Contact Information

https://www.primobrands.com

813 313 1732

1150 Assembly Drive, Tampa, FL 33607

Key Metrics of PRMB

Snapshot

Latest / TTM · 6 periods

Market Cap

$7.89B

ROCE

5.9%

EV / EBITDA

10.97x

-2.2% YoY

FCF Yield

4.8%

-0.3% YoY

Cash Conversion Cycle

8.2d

Current Ratio

1.05

Quick take

TTM —

Positive CCC

Financial Highlights of PRMB

Profitability trend

Latest / TTM · 6 periods

Gross Margin

29.4%

Net Margin

1.5%

P/E Ratio

78.81x

n/a

Debt / Equity

1.91

n/a

Current Ratio

1.05

Dividend Yield

2.1%

Understanding

TTM —

No major balance sheet stress in these headline ratios.

Calendar of PRMB

Upcoming

Sep 8, 2026In 4 days
Dividend payment
$0.44 per share
Sep 30, 2026In 26 days
Q3 FY2026 · Estimated results
Est. EPS $0.43 · Revenue $1.82B · 8 analysts
Dec 30, 2026
Q4 FY2026 · Estimated results
Est. EPS $0.31 · Revenue $1.60B · 7 analysts
Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $1.33 · Revenue $6.84B · 6 analysts

Recent history

Aug 24, 2026
Ex-dividend date
$0.44 per share
Aug 5, 2026
Q2 FY2026 · Results reported
EPS $0.19 · Revenue $1.80B
View filing
May 7, 2026
Q1 FY2026 · Results reported
EPS $0.07 · Revenue $1.63B
View filing
Feb 27, 2026
FY2025 · Annual results
EPS $0.16 · Revenue $6.66B
View filing
Nov 6, 2025
Q3 FY2025 · Results reported
EPS $0.04 · Revenue $1.77B
View filing
Aug 7, 2025
Q2 FY2025 · Results reported
EPS $0.07 · Revenue $1.73B
View filing

Financial Statements of PRMB

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$6.7B	+29.3%	+10.5%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$60.1M	+466.5%	+153.5%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+32.2%	+2.2%	+2.4%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+11.3%	+2.9%	+10.2%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+0.9%	+383.3%	+129.5%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$310.0M	-2.2%	+20442.9%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+4.7%	-24.4%	+18516.4%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	191.3%	+16.0%	-1.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	0.95x	-12.4%	+7.9%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$10.6B	-5.3%	+0.4%

Actual vs Estimate

A Dec 31Q Sep 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	0.16 vs 1.27	-87.4%	0.19 vs 0.43	-55.5%
Revenue Surprise	$6.7B vs $6.6B	+0.7%	$1.8B vs $1.8B	-1.3%

Insider Transactions of PRMB

Acquisitions (A)

Since Apr 28, 2026

Disposals (D)

Since Apr 28, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Aug 10, 2026	FOSS ERIC J	director, officer: Exec. Chair and CEO	Class A Common Stock	A	100	$24.30
Aug 10, 2026	FOSS ERIC J	director, officer: Exec. Chair and CEO	Class A Common Stock	A	83,900	$23.80
Aug 7, 2026	ORCP III DE TopCo GP, LLC	10 percent owner	Class A Common Stock	D	20,410,340	$24.37
Aug 7, 2026	Lee Tony W	director, 10 percent owner:	Class A Common Stock	D	20,410,340	$24.37
Jul 14, 2026	Sudhanshu Priyadarshi	director	Class A Common Stock	A	5,712	—

Earnings Call Transcript of PRMB

1 transcript segments

Q2 2026

Unknown Speaker

Operator: Good morning. Welcome to the Primo Brands 2026 Second Quarter Earnings Conference Call. [Operator Instructions] This call is being recorded on Thursday (sic) [ Wednesday ], August 5, 2026. I would now like to turn the conference call over to Traci Mangini, Vice President, Investor Relations. Please go ahead. Traci Mangini: Thank you, operator, and hello, everyone. With me on the call today are Eric Foss, Chairman and Chief Executive Officer; and David Hass, Chief Financial Officer. Our discussion today includes forward-looking statements within the meaning of U.S. federal securities laws, which are subject to risks and uncertainties that may cause actual results to differ materially. For more information, please refer to our forward-looking statements disclosure in our earnings release. In addition, the definition of and applicable reconciliations for any non-U.S. GAAP financial measures are included in our earnings release and supplemental earnings slides, which were made available earlier today on the Investor Relations section of our website. With that, I'll pass it to you, Eric. Eric Foss: Thanks, Traci. Good morning and thank you for joining us. Today, I'll review our second quarter performance and how we're positioning the company to be fit to win by continuing to improve on the direct delivery customer experience, advancing our key growth priorities and simplifying our leadership structure. David will then cover our financial results and 2026 guidance. We're encouraged with the accelerating momentum across the business in the second quarter with strengthening fundamentals, driven by ongoing improvements in the customer experience in direct delivery and strong dollar in volume share gains in the bottled water category within retail. Second quarter net sales were $1.8 billion, up 4.2% on a comparable basis versus prior year, ahead of our expectations and marking a second consecutive quarter of year-over-year growth. Growth was broad-based, reflecting continued strength across our brands in retail and a faster than expected return to growth in direct delivery. Adjusted EBITDA increased 5% to $385 million, with margin expansion driven by improving productivity, stronger operating leverage, and continued progress in direct delivery. With top-line growth again exceeding our expectations and momentum broadening across both retail and direct delivery, we're raising our 2026 comparable net sales growth guidance for a second consecutive quarter. We now expect growth of 2% to 4%, up from the previously guide of 1% to 3%. We are reaffirming our adjusted EBITDA guidance of $1.465 billion to $1.515 billion as we intend to continue to invest behind growth and as we manage the current dynamic macro cost environment. Our business fundamentals continue to improve and we remain well-positioned in an attractive growing category. Our differentiated portfolio of leading brands spanning the value spectrum and advantage route to market and disciplined …

Leadership Team of PRMB

13 executives

Name	Title	Compensation	Gender	Year Born	Status
Eric J. Foss	CEO, Principal Operating Officer & Executive Chairman	USD 1,366,137	Male	1958	Active
Robert Austin	Executive Officer	USD 1,321,218	Male	1969	Active
Hih Song Kim	Chief Legal Officer & Corporate Secretary	USD 1,038,583	Female	1965	Active
David W. Hass	Chief Financial Officer	USD 647,563	Male	1980	Active
Jason Ausher	Chief Accounting Officer	USD 541,974	Male	1974	Active
Joseph Wiggetman	Chief Customer Officer	—	Male	—	Active
Jeffrey Johnson	Chief Transformation Officer	—	Male	—	Active
Traci Mangini	Vice President of Investor Relations	—	Female	1970	Active
Charles Fogg	Chief Sustainability Officer	—	Male	—	Active
Nancy Sotomayor	Chief Human Resources Officer	—	Female	—	Active
David Thorpe	Chief Supply Chain Officer	—	Male	—	Active
Kheri Holland Tillman	Chief Marketing Officer	—	Female	—	Active
Ashok Vantipalli	Chief Information & Digital Officer	—	Male	—	Active

Recent News of PRMB

PRNewsWire8/26/2026Neutral

Primo Brands to Participate in Barclays 19th Annual Global Consumer Conference

TAMPA, Fla. and STAMFORD, Conn.

Zacks Investment Research8/20/2026Neutral

Primo Brands (PRMB) is a Top-Ranked Growth Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Zacks Investment Research8/17/2026Neutral

Why Primo Brands (PRMB) is a Top Value Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Defense World8/15/2026Neutral

Assenagon Asset Management S.A. Has $1.60 Million Holdings in Primo Brands Corporation $PRMB

Assenagon Asset Management S.A. raised its position in Primo Brands Corporation (NYSE: PRMB) by 350.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,544 shares of the company's stock after buying an additional 50,989 shares during

Seeking Alpha8/14/2026Neutral

Dividend Champion, Contender, And Challenger Highlights: Week August 16

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Historical Employee Count of PRMB

Current

12,600

Change

-8.03%

Minimum

12,600

Maximum

13,700

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Dec 31, 2025	12,600	10-K	Feb 27, 2026	View
Dec 31, 2024	13,700	10-K	Feb 27, 2025	View

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Primo Brands Corporation