
Perimeter Solutions (PRM) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
72.0M
Gross Profit
28.2M
39.09%
Operating Income
77.8M
108.02%
Net Income
56.7M
78.70%
EPS (Diluted)
$0.36
Balance Sheet Metrics
Total Assets
2.4B
Total Liabilities
1.2B
Shareholders Equity
1.2B
Debt to Equity
0.98
Cash Flow Metrics
Operating Cash Flow
15.2M
Free Cash Flow
18.9M
Revenue & Profitability Trend
Perimeter Solutions Income Statement From 2019 to 2024
Metric | 2024 | 2023 | 2022 | 2020 | 2019 |
---|---|---|---|---|---|
Revenue | 561.0M | 322.1M | 360.5M | 339.6M | 239.3M |
Cost of Goods Sold | 243.9M | 183.3M | 217.9M | 177.5M | 155.4M |
Gross Profit | 317.1M | 138.9M | 142.7M | 162.0M | 83.9M |
Gross Margin % | 56.5% | 43.1% | 39.6% | 47.7% | 35.1% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 66.9M | 57.1M | 74.3M | 37.7M | 36.2M |
Other Operating Expenses | 198.9M | -108.5M | -116.8M | 1.4M | 2.4M |
Total Operating Expenses | 265.8M | -51.4M | -42.5M | 39.1M | 38.6M |
Operating Income | -3.8M | 135.2M | 130.1M | 71.5M | -5.8M |
Operating Margin % | -0.7% | 42.0% | 36.1% | 21.0% | -2.4% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | 40.5M | 41.4M | 42.6M | 42.0M | 51.7M |
Other Non-Operating Income | -2.6M | -32.2M | 9.7M | 5.3M | -2.3M |
Pre-tax Income | -46.9M | 61.6M | 97.2M | 34.7M | -59.7M |
Income Tax | -41.0M | -5.9M | 5.5M | 10.5M | -17.7M |
Effective Tax Rate % | 0.0% | -9.6% | 5.6% | 30.2% | 0.0% |
Net Income | -5.9M | 67.5M | 91.8M | 24.2M | -42.0M |
Net Margin % | -1.1% | 21.0% | 25.5% | 7.1% | -17.6% |
Key Metrics | |||||
EBITDA | 61.8M | 199.6M | 196.4M | 129.2M | 52.7M |
EPS (Basic) | $-0.04 | $0.44 | $0.57 | $0.15 | $-0.27 |
EPS (Diluted) | $-0.04 | $0.41 | $0.52 | $0.15 | $-0.27 |
Basic Shares Outstanding | 145713439 | 154666717 | 160937575 | 157137410 | 157137410 |
Diluted Shares Outstanding | 145713439 | 154666717 | 160937575 | 157137410 | 157137410 |
Income Statement Trend
Perimeter Solutions Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 198.5M | 47.3M | 126.8M | 225.6M | 22.5M |
Short-term Investments | 0 | 5.5M | 0 | - | - |
Accounts Receivable | 56.0M | 39.6M | 26.6M | 24.3M | 28.9M |
Inventory | 116.3M | 145.7M | 143.0M | 106.9M | 58.8M |
Other Current Assets | 3.4M | 1.6M | 1.2M | 1.5M | 3.9M |
Total Current Assets | 394.0M | 251.0M | 308.5M | 371.8M | 133.0M |
Non-Current Assets | |||||
Property, Plant & Equipment | 23.5M | 22.4M | 18.6M | 0 | 0 |
Goodwill | 3.0B | 3.0B | 3.1B | 3.2B | 1.4B |
Intangible Assets | 898.4M | 945.0M | 1.0B | 1.1B | 473.7M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 1.2M | 1.3M | 1.8M | 2.2M | 1.2M |
Total Non-Current Assets | 2.0B | 2.1B | 2.1B | 2.2B | 1.0B |
Total Assets | 2.4B | 2.3B | 2.5B | 2.6B | 1.1B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 23.5M | 21.6M | 36.8M | 27.5M | 9.9M |
Short-term Debt | 3.4M | 2.7M | 3.5M | - | 6.7M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 3.7M | 3.4M | 1.7M | 2.2M | 1.5M |
Total Current Liabilities | 62.5M | 55.1M | 74.2M | 100.5M | 32.9M |
Non-Current Liabilities | |||||
Long-term Debt | 689.3M | 686.9M | 680.8M | 664.1M | 680.5M |
Deferred Tax Liabilities | 152.2M | 253.5M | 278.3M | 297.1M | 112.2M |
Other Non-Current Liabilities | 2.2M | 2.2M | 9.3M | 22.2M | 21.2M |
Total Non-Current Liabilities | 1.2B | 1.1B | 1.2B | 1.4B | 813.9M |
Total Liabilities | 1.3B | 1.2B | 1.3B | 1.5B | 846.8M |
Equity | |||||
Common Stock | 17.0K | 165.1M | 163.2M | 157.2M | 53.0M |
Retained Earnings | -586.7M | -580.8M | -648.3M | -738.5M | -47.8M |
Treasury Stock | 127.8M | 113.4M | 49.3M | 0 | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 1.2B | 1.2B | 1.1B | 1.1B | 291.4M |
Key Metrics | |||||
Total Debt | 692.7M | 689.7M | 684.3M | 664.1M | 687.3M |
Working Capital | 331.5M | 196.0M | 234.4M | 271.3M | 100.1M |
Balance Sheet Composition
Perimeter Solutions Cash Flow Statement From 2019 to 2024
Metric | 2024 | 2023 | 2022 | 2020 | 2019 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | -5.9M | 67.5M | 91.8M | 24.2M | -42.0M |
Depreciation & Amortization | 65.7M | 64.9M | 65.8M | 58.1M | 58.0M |
Stock-Based Compensation | 12.8M | 1.6M | 14.6M | 0 | 0 |
Working Capital Changes | 11.2M | -40.9M | -117.4M | 14.7M | -20.0M |
Operating Cash Flow | 195.7M | -34.8M | -53.8M | 97.8M | -22.7M |
Investing Activities | |||||
Capital Expenditures | -15.5M | -9.4M | -8.6M | -7.5M | -8.9M |
Acquisitions | -32.8M | 0 | -1.6M | -2.0M | -16.3M |
Investment Purchases | 0 | - | - | - | - |
Investment Sales | 5.4M | - | - | - | - |
Investing Cash Flow | -42.9M | -9.4M | -10.3M | -9.5M | -25.2M |
Financing Activities | |||||
Share Repurchases | -14.4M | -64.1M | -49.3M | 0 | - |
Dividends Paid | - | 0 | 0 | 0 | -12.4M |
Debt Issuance | - | - | - | 0 | 16.0M |
Debt Repayment | -740.0K | -387.0K | 0 | -117.7M | -65.9M |
Financing Cash Flow | -15.2M | -64.5M | -49.3M | -142.7M | -39.3M |
Free Cash Flow | 172.9M | -9.2M | -48.8M | 63.3M | -9.2M |
Net Change in Cash | 137.6M | -108.7M | -113.4M | -54.3M | -87.1M |
Cash Flow Trend
Perimeter Solutions Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
18.94
Forward P/E
56.20
Price to Book
2.06
Price to Sales
4.34
PEG Ratio
56.20
Profitability Ratios
Profit Margin
23.23%
Operating Margin
108.02%
Return on Equity
11.76%
Return on Assets
3.97%
Financial Health
Current Ratio
5.23
Debt to Equity
66.33
Beta
1.95
Per Share Data
EPS (TTM)
$0.89
Book Value per Share
$8.18
Revenue per Share
$3.92
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
prm | 2.5B | 18.94 | 2.06 | 11.76% | 23.23% | 66.33 |
Linde plc | 222.6B | 34.37 | 5.86 | 17.01% | 20.02% | 60.56 |
Sherwin-Williams | 86.4B | 34.38 | 19.56 | 62.43% | 11.03% | 308.57 |
Albemarle | 9.9B | 33.52 | 1.26 | -9.99% | -22.39% | 35.76 |
NewMarket | 8.0B | 16.75 | 4.93 | 33.74% | 17.28% | 56.98 |
Eastman Chemical | 7.4B | 9.01 | 1.26 | 14.39% | 8.96% | 90.60 |
Financial data is updated regularly. All figures are in the company's reporting currency.