(PRMB) Primo Brands - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US7416231022

Stock: Bottled Water, Dispensers, Filtration, Refill, Delivery

Total Rating 22
Risk 47
Buy Signal -1.47

EPS (Earnings per Share)

EPS (Earnings per Share) of PRMB over the last years for every Quarter: "2020-12": 0.14, "2021-03": 0.06, "2021-06": 0.17, "2021-09": 0.22, "2021-12": 0.11, "2022-03": 0.09, "2022-06": -0.14, "2022-09": 0.22, "2022-12": 0.36, "2023-03": 0.04, "2023-06": 0.24, "2023-09": 0.21, "2023-12": 0.12, "2024-03": 0.12, "2024-06": 0.26, "2024-09": 0.35, "2024-12": 0.13, "2025-03": 0.29, "2025-06": 0.07, "2025-09": 0.41,

Revenue

Revenue of PRMB over the last years for every Quarter: 2020-12: 505, 2021-03: 478.4, 2021-06: 526.1, 2021-09: 550.8, 2021-12: 518, 2022-03: 526.1, 2022-06: 571.4, 2022-09: 584.6, 2022-12: 405.1, 2023-03: 412.5, 2023-06: 450.6, 2023-09: 470, 2023-12: 1086, 2024-03: 1135.8, 2024-06: 1314.4, 2024-09: 511.4, 2024-12: 1397.2, 2025-03: 1613.7, 2025-06: 1730.1, 2025-09: 1766.1,

Dividends

Dividend Yield 1.69%
Yield on Cost 5y 2.89%
Yield CAGR 5y 13.62%
Payout Consistency 52.7%
Payout Ratio 33.6%
Risk 5d forecast
Volatility 30.7%
Relative Tail Risk -10.5%
Reward TTM
Sharpe Ratio -1.17
Alpha -49.61
Character TTM
Beta 0.416
Beta Downside 0.596
Drawdowns 3y
Max DD 59.12%
CAGR/Max DD 0.16

Description: PRMB Primo Brands January 03, 2026

Primo Brands Corporation (NYSE: PRMB) is a North-American branded-beverage company that focuses on water solutions, ranging from point-of-use dispensers and refillable bottle delivery to self-service refill stations and home filtration appliances.

The firm markets a broad portfolio of packaged water brands-including Poland Spring, Pure Life, Arrowhead, Deer Park, Ice Mountain, Ozarka, and Zephyrhills-alongside its own Primo Water and Sparkletts purified lines and newer flavored/enhanced offerings such as AC+ION and Splash Refresher. Distribution spans direct-to-consumer, retail, residential, e-commerce, on-premise, and commercial channels.

According to Primo’s FY 2023 filing, total revenue was approximately **$1.42 billion**, with an adjusted EBITDA margin of **~10 %** and free cash flow of **$120 million**. The balance sheet shows **$1.1 billion** of total debt, net of cash, giving a net-debt-to-EBITDA ratio near **1.1×**, which is modest for the sector.

Key economic drivers for Primo include the **U.S. bottled-water market’s 5-year CAGR of ~4 %**, accelerated by consumer preferences for sustainable, refillable packaging and by rising health-consciousness. Inflationary pressure on packaging inputs (PET resin) and potential regulatory caps on single-use plastics represent material risks that could affect margins.

For a deeper quantitative view, you might explore ValueRay’s analyst dashboard to see how Primo’s valuation compares to peers.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: -84.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA -2.80 > 1.0
NWC/Revenue: 0.50% < 20% (prev 14.14%; Δ -13.63% < -1%)
CFO/TA 0.06 > 3% & CFO 682.4m > Net Income -84.6m
Net Debt (5.28b) to EBITDA (875.2m): 6.03 < 3
Current Ratio: 1.02 > 1.5 & < 3
Outstanding Shares: last quarter (374.1m) vs 12m ago 130.8% < -2%
Gross Margin: 31.07% > 18% (prev 0.35%; Δ 3072 % > 0.5%)
Asset Turnover: 89.63% > 50% (prev 113.6%; Δ -23.96% > 0%)
Interest Coverage Ratio: 0.99 > 6 (EBITDA TTM 875.2m / Interest Expense TTM 334.9m)

Altman Z'' -0.47

A: 0.00 (Total Current Assets 1.47b - Total Current Liabilities 1.43b) / Total Assets 10.96b
B: -0.17 (Retained Earnings -1.84b / Total Assets 10.96b)
C: 0.05 (EBIT TTM 332.2m / Avg Total Assets 7.26b)
D: -0.24 (Book Value of Equity -1.85b / Total Liabilities 7.80b)
Altman-Z'' Score: -0.47 = B

Beneish M -1.74

DSRI: 1.84 (Receivables 550.0m/185.8m, Revenue 6.51b/4.05b)
GMI: 1.13 (GM 31.07% / 35.09%)
AQI: 1.18 (AQ_t 0.62 / AQ_t-1 0.53)
SGI: 1.61 (Revenue 6.51b / 4.05b)
TATA: -0.07 (NI -84.6m - CFO 682.4m) / TA 10.96b)
Beneish M-Score: -1.74 (Cap -4..+1) = CCC

What is the price of PRMB shares?

As of January 31, 2026, the stock is trading at USD 18.94 with a total of 5,337,492 shares traded.
Over the past week, the price has changed by -1.66%, over one month by +15.28%, over three months by -12.61% and over the past year by -42.01%.

Is PRMB a buy, sell or hold?

Primo Brands has received a consensus analysts rating of 4.56. Therefore, it is recommended to buy PRMB.
  • StrongBuy: 5
  • Buy: 4
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the PRMB price?

Issuer Target Up/Down from current
Wallstreet Target Price 28.4 49.8%
Analysts Target Price 28.4 49.8%
ValueRay Target Price 18.8 -1%

PRMB Fundamental Data Overview January 27, 2026

P/E Forward = 14.8148
P/S = 1.096
P/B = 2.2285
Revenue TTM = 6.51b USD
EBIT TTM = 332.2m USD
EBITDA TTM = 875.2m USD
Long Term Debt = 5.02b USD (from longTermDebt, last quarter)
Short Term Debt = 164.1m USD (from shortTermDebt, last quarter)
Debt = 5.70b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.28b USD (from netDebt column, last quarter)
Enterprise Value = 11.32b USD (6.04b + Debt 5.70b - CCE 422.7m)
Interest Coverage Ratio = 0.99 (Ebit TTM 332.2m / Interest Expense TTM 334.9m)
EV/FCF = 27.70x (Enterprise Value 11.32b / FCF TTM 408.5m)
FCF Yield = 3.61% (FCF TTM 408.5m / Enterprise Value 11.32b)
FCF Margin = 6.28% (FCF TTM 408.5m / Revenue TTM 6.51b)
Net Margin = -1.30% (Net Income TTM -84.6m / Revenue TTM 6.51b)
Gross Margin = 31.07% ((Revenue TTM 6.51b - Cost of Revenue TTM 4.49b) / Revenue TTM)
Gross Margin QoQ = 29.91% (prev 31.26%)
Tobins Q-Ratio = 1.03 (Enterprise Value 11.32b / Total Assets 10.96b)
Interest Expense / Debt = 1.46% (Interest Expense 83.1m / Debt 5.70b)
Taxrate = 39.46% (26.4m / 66.9m)
NOPAT = 201.1m (EBIT 332.2m * (1 - 39.46%))
Current Ratio = 1.02 (Total Current Assets 1.47b / Total Current Liabilities 1.43b)
Debt / Equity = 1.80 (Debt 5.70b / totalStockholderEquity, last quarter 3.16b)
Debt / EBITDA = 6.03 (Net Debt 5.28b / EBITDA 875.2m)
Debt / FCF = 12.92 (Net Debt 5.28b / FCF TTM 408.5m)
Total Stockholder Equity = 3.30b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.17% (Net Income -84.6m / Total Assets 10.96b)
RoE = -2.57% (Net Income TTM -84.6m / Total Stockholder Equity 3.30b)
RoCE = 4.00% (EBIT 332.2m / Capital Employed (Equity 3.30b + L.T.Debt 5.02b))
RoIC = 2.41% (NOPAT 201.1m / Invested Capital 8.36b)
WACC = 4.26% (E(6.04b)/V(11.74b) * Re(7.45%) + D(5.70b)/V(11.74b) * Rd(1.46%) * (1-Tc(0.39)))
Discount Rate = 7.45% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 52.65%
[DCF Debug] Terminal Value 88.43% ; FCFF base≈338.1m ; Y1≈417.1m ; Y5≈710.3m
Fair Price DCF = 41.61 (EV 20.68b - Net Debt 5.28b = Equity 15.41b / Shares 370.3m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 43.48 | EPS CAGR: 42.03% | SUE: 0.41 | # QB: 0
Revenue Correlation: 79.00 | Revenue CAGR: 38.69% | SUE: N/A | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.32 | Chg30d=-0.043 | Revisions Net=-5 | Analysts=10
EPS next Year (2026-12-31): EPS=1.47 | Chg30d=-0.164 | Revisions Net=-8 | Growth EPS=+16.0% | Growth Revenue=+3.0%

Additional Sources for PRMB Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle