The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net sales | 6,664,000 | 5,152,500 |
| Cost of sales, adjusted | 4,134,400 | 3,252,800 |
| Marketing expense | 205,500 | 218,500 |
| Selling expense, adjusted | 460,100 | 349,800 |
| General and administrative expense, adjusted | 431,800 | 336,800 |
| Intangible asset impairment | 35,600 | - |
| Other income, net | 59,700 | - |
| Other segment expense | 356,000 | 301,000 |
| Depreciation and amortization | 610,200 | 333,300 |
| Interest and financing expense, net | 326,500 | 339,600 |
| Loss on modification and extinguishment of debt | -18,600 | 0 |
| Income taxes | 64,600 | 33,300 |
| Net income (loss) from continuing operations | 80,400 | -12,600 |
| Depreciation and amortization | 610,200 | 333,300 |
| Amortization of debt discount and issuance costs | 29,800 | 18,400 |
| Stock-based compensation costs | 49,900 | 8,700 |
| Write off of long lived assets | - | 7,100 |
| Amortization of purchase accounting inventory step-up | - | 6,000 |
| Restructuring charges | 3,100 | 22,000 |
| Inventory obsolescence expense | 14,600 | 16,900 |
| Charge for expected credit losses | 45,900 | 12,600 |
| Deferred income taxes | -46,200 | -78,100 |
| Intangible asset impairment | 35,600 | - |
| Gain on extinguishment of debt | - | 0 |
| Proceeds from insurance settlements | 47,300 | - |
| Other non-cash items | -18,500 | -3,000 |
| Trade receivables | 30,900 | -83,600 |
| Inventories | 33,500 | 100 |
| Prepaid expenses and other current and non-current assets | -12,200 | 33,500 |
| Trade payables | - | -23,400 |
| Accruals and other current and non-current liabilities | - | 99,900 |
| Trade payables and accruals and other current and non-current liabilities | -62,000 | - |
| Net cash provided by operating activities of continuing operations | 680,300 | 463,800 |
| Purchases of property, plant and equipment | 377,400 | 150,200 |
| Purchases of intangible assets | 57,000 | 40,700 |
| Cash acquired in the transaction | 0 | 665,900 |
| Acquisitions, net of cash received | 29,000 | - |
| Proceeds from sale of other assets | 56,900 | 0 |
| Purchases of investments | 0 | 10,000 |
| Proceeds from settlement of split-dollar life insurance contracts | - | 2,400 |
| Proceeds from insurance settlements | 47,300 | - |
| Other investing activities | -21,300 | -1,200 |
| Net cash (used in) provided by investing activities of continuing operations | -337,900 | 468,600 |
| Proceeds from 2024 incremental term loan, net of discount | 0 | 392,000 |
| Proceeds from borrowings from abl credit facility | 0 | 25,000 |
| Repayment of borrowings from abl credit facility | 0 | 115,000 |
| Repayment of term loans and senior notes | - | 32,000 |
| Repayment of term loans | 31,000 | - |
| Proceeds from borrowings of other debt | 0 | 8,300 |
| Principal repayment of other debt | 5,400 | 3,500 |
| Principal payment of finance leases | 34,500 | 8,200 |
| Financing fees | 8,000 | 5,100 |
| Issuance of common stock | 10,700 | 1,900 |
| Common stock repurchased and cancelled | 421,500 | 10,400 |
| Capital contributions | - | 0 |
| Redemption of preferred stock | 0 | 0 |
| Dividends paid on preferred stock | 0 | 0 |
| Dividends paid to common stockholders | 151,300 | 35,700 |
| Dividends paid to primo water stockholders | 0 | 131,500 |
| Dividends paid to sponsor stockholder | 0 | 448,600 |
| Other financing activities | 9,000 | -100 |
| Net cash used in financing activities of continuing operations | -632,000 | -362,900 |
| Net cash provided by operating activities from discontinued operations | 7,100 | 3,400 |
| Net cash provided by investing activities from discontinued operations | 38,800 | 5,800 |
| Net cash used in financing activities from discontinued operations | -2,200 | -3,500 |
| Net cash provided by discontinuing operations | 43,700 | 5,700 |
| Effect of exchange rates on cash, cash equivalents and restricted cash | 2,100 | -1,500 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -243,800 | 573,700 |
| Cash and cash equivalents and restricted cash, beginning of period | 620,700 | 47,000 |
| Cash and cash equivalents and restricted cash, end of period | 376,900 | 620,700 |
| Cash and cash equivalents and restricted cash of discontinued operations, end of period | 0 | - |
| Cash and cash equivalents and restricted cash of continuing operations, end of period | 376,900 | - |
Primo Brands Corp (PRMB)
Primo Brands Corp (PRMB)