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Primerica PRI Gross margin

Gross margin at other companies

Lowe's Companies logo
Lowe's CompaniesLOW
32.7%-0.7pp
Sherwin-Williams logo
Sherwin-WilliamsSHW
49.1%+0.9pp
Viavi Solutions Inc. logo
Viavi Solutions Inc.VIAV
121.4%-1.3pp
Deckers Outdoor Corporation logo
Deckers Outdoor CorporationDECK
57.7%-0.2pp
Dillards logo
DillardsDDS
45.8%+0.3pp
Modine Manufacturing logo
Modine ManufacturingMOD
0.1%-0.1pp

Other financials

Income statement

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Revenue$872.7M+8.4%
Gross profit$775.2M+17.3%
Net income$190.1M+12.4%
EPS (diluted)$5.97+18.2%

Balance sheet

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Cash & equivalents$645.8M+3.3%
Total debt$48.4M-8.6%
Total equity$2.5B+11.7%
Total assets$14.7B+0.6%

Cash flow

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Operating cash flow$156.8M-20.6%

Valuation

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Market cap$8.79B-16.2%
Enterprise value$8.19B-17.5%
P/E11.4×-9.5×
P/S2.6×-0.7×

Profitability

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Net margin23%+7.1pp

Returns & leverage

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Return on equity32.3%+9.8pp
Debt / equity0.0×

Where this comes from

Calculated from Primerica’s reported figures.

Based on trailing twelve months.

The official record: Primerica’s 10-Q, filed August 8, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Primerica's gross margin?
Primerica (PRI) reported gross margin of 98.1% in Q2 2024.
How has Primerica's gross margin changed year-over-year?
Primerica's gross margin increased by 0.2% year-over-year, from 97.9% to 98.1%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.