Primerica, Inc.
Primerica, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Available For Sale Securities Debt Securities | 3,444 | 3,265 | 3,148 | 3,097 | 3,076 | 2,946 | 2,995 | 2,796 | 2,782 | 2,719 | 2,589 | 2,541 | |||||
Held To Maturity Securities | 1,131 | 1,175 | 1,242 | 1,259 | 1,285 | 1,304 | 1,330 | 1,353 | 1,376 | 1,387 | 1,417 | 1,434 | |||||
Equity Securities Fv Ni | 28 | 26 | 26 | 25 | 27 | 27 | 28 | 26 | 27 | 30 | 29 | 34 | |||||
Other Short Term Investments | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 20 | 22 | |||||
Trading Securities Debt | 32 | 13 | 13 | 3 | 3 | 3 | 3 | 3 | 3 | 18 | 18 | 18 | |||||
Investments | 4,691 | 4,536 | 4,482 | 4,436 | 4,445 | 4,331 | 4,410 | 4,228 | 4,240 | 4,206 | 4,124 | 4,098 | |||||
Cash And Cash Equivalents At Carrying Value | 646 | 756 | 645 | 621 | 625 | 688 | 550 | 627 | 593 | 594 | 469 | 562 | |||||
Accrued Investment Income Receivable | 31 | 30 | 29 | 29 | 29 | 28 | 26 | 26 | 25 | 24 | 24 | 23 | |||||
Reinsurance Recoverables | 2,480 | 2,565 | 2,597 | 2,698 | 2,723 | 2,744 | 2,874 | 2,833 | 2,920 | 3,016 | 2,954 | 3,085 | |||||
Deferred Policy Acquisition Costs | 3,954 | 3,916 | 3,863 | 3,817 | 3,743 | 3,680 | 3,637 | 3,566 | 3,504 | 3,447 | 3,375 | 3,320 | |||||
Premiums And Other Receivables Net | 280 | 275 | 301 | 300 | 282 | 283 | 301 | 289 | 287 | 269 | 287 | 269 | |||||
Goodwill | - | - | - | - | - | - | - | 0 | 128 | 128 | 128 | 128 | |||||
Intangible Assets Net Excluding Goodwill | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 172 | 45 | 178 | 180 | |||||
Income Tax Receivable | 131 | 45 | 128 | 132 | 127 | 0 | 128 | 118 | 120 | 3 | - | - | |||||
Deferred Income Tax Assets Net | - | 132 | - | - | - | 123 | - | - | - | 117 | 106 | 108 | |||||
Operating Lease Right Of Use Asset | 41 | 42 | 43 | 44 | 45 | 47 | 48 | 51 | 52 | 52 | 55 | 57 | |||||
Other Assets | 255 | 388 | 400 | 388 | 408 | 404 | 394 | 357 | 356 | 440 | 359 | 373 | |||||
Separate Account Assets | 2,123 | 2,282 | 2,314 | 2,318 | 2,118 | 2,209 | 2,401 | 2,254 | 2,335 | 2,396 | 2,183 | 2,359 | |||||
Assets | 14,677 | 15,012 | 14,848 | 14,830 | 14,589 | 14,582 | 14,815 | 14,566 | 14,909 | 15,028 | 14,433 | 14,752 | |||||
Assets Of Disposal Group Including Discontinued Op… | - | - | - | - | - | 0 | 0 | - | - | 419 | - | - | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities | |||||||||||||||||
Liability For Future Policy Benefits | 6,729 | 6,818 | 6,817 | 6,719 | 6,638 | 6,503 | 6,919 | 6,436 | 6,548 | 6,742 | 6,045 | 6,492 | |||||
Deferred Revenue Current | 17 | 16 | 16 | 17 | 17 | 16 | 16 | 17 | 16 | 15 | 15 | 16 | |||||
Liability For Claims And Claims Adjustment Expense | 489 | 495 | 478 | 508 | 495 | 488 | 497 | 479 | 517 | 514 | 475 | 495 | |||||
Other Policyholder Funds | 342 | 356 | 368 | 382 | 395 | 402 | 398 | 413 | 421 | 435 | 448 | 459 | |||||
Notes Payable | 596 | 595 | 595 | 595 | 595 | 595 | 594 | 594 | 594 | 594 | 594 | 593 | |||||
Surplus Notes | 1,130 | 1,175 | 1,241 | 1,259 | 1,285 | 1,304 | 1,330 | 1,353 | 1,376 | 1,387 | 1,417 | 1,433 | |||||
Accrued Income Taxes Current | 67 | 120 | 52 | 66 | 116 | 58 | 21 | 135 | 198 | 23 | - | - | |||||
Deferred Income Tax Liabilities Net | - | 28 | - | - | - | 58 | - | - | - | 54 | 228 | 169 | |||||
Operating Lease Liability | 48 | 50 | 51 | 52 | 53 | 55 | 57 | 59 | 60 | 59 | 62 | 62 | |||||
Other Liabilities | 532 | 547 | 515 | 524 | 524 | 549 | 549 | 613 | 581 | 579 | 575 | 580 | |||||
Obligation To Return Securities Received As Collat… | 85 | 85 | 105 | 83 | 98 | 86 | 85 | 91 | 77 | 100 | 78 | 78 | |||||
Separate Accounts Liability | 2,123 | 2,282 | 2,314 | 2,318 | 2,118 | 2,209 | 2,401 | 2,254 | 2,335 | 2,396 | 2,183 | 2,359 | |||||
Liabilities | 12,158 | 12,566 | 12,552 | 12,522 | 12,333 | 12,323 | 12,868 | 12,444 | 12,723 | 12,962 | 12,121 | 12,736 | |||||
Statement Of Stockholders… | |||||||||||||||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | 0 | 0 | - | - | 66 | - | - | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Retained Earnings Accumulated Deficit | 2,440 | 2,416 | 2,320 | 2,271 | 2,253 | 2,231 | 2,132 | 2,123 | 2,286 | 2,277 | 2,215 | 2,190 | |||||
Accumulated Other Compreh… | |||||||||||||||||
Aoci Liability For Future Policy Benefit After Tax | 224 | 135 | 90 | 175 | 172 | 225 | -71 | 201 | 93 | -39 | 378 | 55 | |||||
Accumulated Other Comprehensive Income Loss Foreig… | -23 | -16 | -22 | -14 | -35 | -35 | -11 | -16 | -12 | -2 | -11 | -4 | |||||
Accumulated Other Comprehensive Income Loss Availa… | -121 | -89 | -92 | -125 | -134 | -163 | -104 | -187 | -182 | -170 | -270 | -226 | |||||
Stockholders Equity | 2,520 | 2,446 | 2,296 | 2,308 | 2,256 | 2,259 | 1,947 | 2,122 | 2,186 | 2,066 | 2,312 | 2,015 | |||||
Liabilities And Stockholders Equity | 14,677 | 15,012 | 14,848 | 14,830 | 14,589 | 14,582 | 14,815 | 14,566 | 14,909 | 15,028 | 14,433 | 14,752 | |||||
Fixed Maturity Securities | - | - | - | - | - | - | - | - | - | - | 103 | 6 | |||||
Fixed Maturities | 3,598 | 4,567 | 9 | 9 | 3,246 | 143 | 92 | 21 | 3,013 | 155 | - | - | |||||
Investments | |||||||||||||||||
Short Term Investment | - | - | - | - | - | - | - | - | - | - | -2 | -49 | |||||
Held To Maturity Securities Fair Value | 1,100 | 1,153 | 1,218 | 1,226 | 1,232 | 1,227 | 1,298 | 1,268 | 1,299 | 1,335 | 1,285 | 1,340 | |||||
Short Term Investments | - | - | - | - | - | 4 | - | - | 0 | 0 | - | - | |||||
Equity Securities Fv Ni Cost | 21 | 21 | 20 | 20 | 2 | 23 | 23 | 23 | 23 | 27 | 27 | 30 | |||||
Debt Securities Trading And Equity Securities Fv N… | 33 | 13 | 13 | 3 | 3 | 4 | 4 | 4 | 4 | 19 | 19 | 19 | |||||
Intangible Assets Net Exc… | |||||||||||||||||
Finite Lived Intangible Assets Accumulated Amortiz… | - | - | - | - | - | - | - | 0 | 29 | 26 | 24 | 21 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | |||||
Common Stock Shares Issued | 31 | 32 | 32 | 33 | 33 | 33 | 34 | 34 | 35 | 35 | 35 | 36 | |||||
Shares Outstanding | 31 | 32 | 32 | 33 | 33 | 33 | 34 | 34 | 35 | 35 | 35 | 36 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.78% | 4.34% | 13.26% | - | - | - | - | - | - | - | - | - |
| 2025 | -0.13% | -0.90% | -1.93% | 5.85% | 9.04% | 3.90% | 3.21% | 4.37% | 2.18% | -3.20% | 7.58% | 8.07% |
| 2024 | 3.39% | 8.28% | 14.66% | 5.95% | 5.93% | 10.97% | 4.48% | -6.62% | 0.15% | -1.89% | -12.22% | -3.80% |
| 2023 | 5.64% | 10.29% | 17.67% | -4.60% | -9.47% | -9.35% | 3.57% | 1.37% | 11.36% | 1.40% | -12.36% | -7.05% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | 84.66 | 55.18 | 53.55 | 50.62 | 41.01 | 37.37 | 27.30 | 25.87 | 29.98 | 29.47 | 28.90 | 25.76 | |||||
Efficiency & Turnover | |||||||||||||||||
| Days Sales Outstanding TTM | 30.53 | 30.92 | 34.04 | 34.03 | 32.89 | 32.60 | 36.08 | 35.16 | 35.74 | 34.76 | 36.59 | 34.67 | |||||
| Receivables Turnover TTM | 11.96 | 11.80 | 10.72 | 10.73 | 11.10 | 11.20 | 10.12 | 10.38 | 10.21 | 10.50 | 9.97 | 10.53 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 24.34 | 22.99 | 22.23 | 20.63 | 15.05 | 13.76 | 13.44 | 12.87 | 16.78 | 16.00 | 16.03 | 13.82 | |||||
| Free Cash Flow Per Share TTM | 27.16 | 27.62 | 25.72 | 25.49 | 25.49 | 25.25 | 24.61 | 22.25 | 20.85 | 19.26 | 18.40 | 18.91 | |||||
| Dividend Per Share TTM | 4.40 | 4.17 | 4.10 | 3.94 | 3.64 | 3.30 | 3.12 | 2.86 | 2.75 | 2.61 | 2.55 | 2.44 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 94.52% | 94.40% | 94.25% | 94.13% | 93.82% | 93.44% | 98.30% | 98.04% | 98.08% | 97.99% | 98.01% | 97.96% | |||||
| Operating Profit Margin TTM | 29.85% | 29.61% | 29.32% | 29.39% | 30.63% | 30.40% | 31.28% | 30.45% | 28.56% | 28.08% | 27.23% | 24.36% | |||||
| Net Profit Margin TTM | 22.99% | 22.82% | 22.36% | 21.48% | 15.89% | 15.23% | 15.31% | 15.29% | 20.98% | 20.98% | 20.78% | 18.32% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 6.38% | 6.56% | 8.49% | 9.09% | 13.01% | 12.39% | 7.63% | 5.78% | 2.78% | 1.04% | 0.20% | -1.39% | |||||
| Net Income Growth (1Y) | 53.94% | 59.66% | 58.38% | 53.21% | -14.45% | -18.40% | -20.69% | -11.68% | 21.47% | 23.46% | 63.58% | 30.68% | |||||
| EPS Growth (1Y) | 61.77% | 67.05% | 65.37% | 60.26% | -10.36% | -14.07% | -16.17% | -6.98% | 27.84% | 30.48% | 71.26% | 38.51% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 10.23 | 11.12 | 12.31 | 13.03 | 18.50 | 19.22 | 19.17 | 17.80 | 14.54 | 12.36 | 11.61 | 13.67 | |||||
| P/B TTM | 3.14 | 3.42 | 3.87 | 3.83 | 4.11 | 4.00 | 4.48 | 3.72 | 3.90 | 3.45 | 2.88 | 3.40 | |||||
| P/S TTM | 2.35 | 2.54 | 2.75 | 2.80 | 2.94 | 2.93 | 2.94 | 2.72 | 3.05 | 2.59 | 2.41 | 2.50 | |||||
| Market Cap | 7.90B | 8.36B | 8.88B | 8.85B | 9.28B | 9.04B | 8.73B | 7.89B | 8.53B | 7.13B | 6.66B | 6.86B | |||||
| Enterprise Value | 7.85B | 8.20B | 8.83B | 8.82B | 9.25B | 8.95B | 8.77B | 7.85B | 8.53B | 7.13B | 6.79B | 6.89B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 860.50M | 901.18M | 833.57M | 837.95M | 848.66M | 862.09M | 832.51M | 765.01M | 727.47M | 692.52M | 657.85M | 684.88M | |||||
| Net Debt | -50.30M | -160.91M | -49.74M | -26.29M | -30.36M | -93.31M | 44.17M | -33.18M | 510.00K | -439.00K | 124.75M | 31.72M | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
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| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
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| Altman D | |||||||||||||||||
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| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Primerica, Inc. (PRI) — SEC Financial Statements & Analysis
Primerica, Inc. (PRI) is a life insurance company, incorporated in DE. Primerica, Inc. trades on NYSE as: PRI. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Primerica, Inc. reported a 6.38% year-over-year revenue growth, a Gross Profit Margin of 94.52% (TTM), a Price-to-Sales (P/S) ratio of 2.35x (TTM), a Price-to-Book (P/B) ratio of 3.14 (TTM), at a market cap of $7.90B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 6.38%
- Gross Profit Margin TTM
- 94.52%
- P/S TTM
- 2.35x
- P/B TTM
- 3.14
- Market Cap
- $7.90B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Primerica, Inc. in?
Primerica, Inc. (PRI) operates in the Life Insurance industry.
What is PRI's market cap?
Primerica, Inc. (PRI) has a market capitalization of $7.90B as of 2026-03-31.
What is PRI's P/E ratio?
Primerica, Inc. (PRI)'s trailing twelve month P/E ratio is 10.23x as of 2026-03-31.
What exchange does PRI trade on?
Primerica, Inc. (PRI) trades on the NYSE.
Where is Primerica, Inc. incorporated?
Primerica, Inc. is incorporated in DE.