Primo Water Corporation (PRMW) Financials

NYSE:PRMW

Market Cap

2.34B

Total Revenue

2.22B

Gross Profit

1.29B

Operating Income

127.90M

Net Income

29.60M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	2,094,000,000	2,102,800,000	2,944,000,000	3,235,900,000	2,269,700,000	2,372,900,000	2,394,500,000	1,953,500,000	2,073,300,000	2,215,100,000
costOfRevenue	1,842,000,000	1,826,300,000	2,048,500,000	2,161,700,000	1,142,000,000	1,197,300,000	1,166,700,000	839,600,000	915,900,000	921,700,000
grossProfit	252,000,000	276,500,000	895,500,000	1,074,200,000	1,127,700,000	1,175,600,000	1,227,800,000	1,113,900,000	1,157,400,000	1,293,400,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	--	--	--	--	--	--	--	--	--	--
sellingGeneralAndAdministrativeExpenses	160,400,000	255,000,000	768,600,000	958,100,000	1,042,700,000	1,092,100,000	1,113,000,000	1,006,600,000	1,034,300,000	1,151,400,000
operatingExpenses	160,400,000	255,000,000	768,600,000	958,100,000	1,042,700,000	1,092,100,000	1,113,000,000	1,006,600,000	1,034,300,000	1,151,400,000
operatingIncome	88,600,000	500,000	15,900,000	112,200,000	88,000,000	126,400,000	90,400,000	88,600,000	103,000,000	127,900,000
totalOtherIncomeExpensesNet	-64,400,000	-45,500,000	-138,500,000	-158,100,000	-121,600,000	-102,300,000	-81,000,000	-241,100,000	-96,700,000	-78,600,000
ebitda	179,600,000	111,200,000	360,200,000	350,900,000	276,600,000	321,000,000	304,800,000	290,700,000	314,300,000	376,000,000
depreciationAndAmortization	91,000,000	110,700,000	223,800,000	238,700,000	188,600,000	194,600,000	214,400,000	202,100,000	211,300,000	248,100,000
interestIncome	--	--	--	--	--	--	--	--	--	--
interestExpense	51,600,000	39,700,000	111,000,000	124,200,000	85,500,000	77,600,000	78,200,000	81,600,000	68,800,000	69,800,000
incomeBeforeTax	24,200,000	-45,000,000	-2,100,000	-45,900,000	-33,600,000	24,100,000	9,400,000	-152,500,000	6,300,000	49,300,000
incomeTaxExpense	2,200,000	-61,400,000	-22,700,000	25,600,000	-30,000,000	-4,800,000	9,500,000	4,300,000	9,500,000	19,700,000
netIncome	17,000,000	16,400,000	20,600,000	-71,500,000	-3,600,000	28,900,000	-100,000	-156,800,000	-3,200,000	29,600,000
eps	0.18	0.17	0.2	-0.56	-0.026	0.21	-0.001	-1.01	-0.02	0.18
epsdiluted	0.18	0.17	0.2	-0.56	-0.026	0.2	-0.001	-1.01	-0.02	0.18
weightedAverageShsOut	94,800,000	93,800,000	103,000,000	128,300,000	139,078,000	139,097,000	135,224,000	155,446,000	160,778,000	160,763,000
weightedAverageShsOutDil	95,600,000	95,900,000	103,000,000	128,300,000	139,078,000	141,436,000	135,224,000	155,446,000	160,778,000	161,885,000
costAndExpenses	2,002,400,000	2,081,300,000	2,817,100,000	3,119,800,000	2,184,700,000	2,289,400,000	2,279,700,000	1,846,200,000	1,950,200,000	2,073,100,000
otherExpenses	-12,800,000	-21,000,000	9,500,000	-3,900,000	3,000,000	42,900,000	-2,800,000	-18,700,000	-27,900,000	-8,800,000

Key Facts

Industry

Beverages—Non-Alcoholic

Sector

Consumer Defensive

Headquarters

Tampa, FL, US

Website

primowatercorp.com

CEO

Mr. Thomas J. Harrington

Employees

9240

About the Company

Primo Water Corporation provides water direct to consumers and water filtration services in North America and Europe. It offers bottled water, purified bottled water, premium spring, sparkling and flavored water, mineral water, filtration equipment, and coffee; as well as water dispensers, and self-service refill drinking water. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Nursery, Sierra Springs, Sparkletts, Clear Mountain Natural Spring Water, Earth2O, Renü, Water Event Pure Water Solutions, Canadian Springs, Labrador Source, Decantae, Eden, Eden Springs, Chateaud'eau, and Mey Eden brands. It provides its services to residential customers, small and medium-sized businesses, and regional and national corporations and retailers. The company was formerly known as Cott Corporation and changed its name to Primo Water Corporation in March 2020. Primo Water Corporation was incorporated in 1955 and is headquartered in Tampa, Florida.