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Primerica PRI Term Life Insurance Segment Revenues — Total Assets

Discontinued — last reported Q2 '24

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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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Gross margin98.1%+0.2pp
Net margin23%+7.1pp

Returns & leverage

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

Where this comes from

Reported directly by Primerica in its filing.

Tagged under the XBRL concept us-gaap:Assets.

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 term life insurance segment revenues — total assets?
Primerica (PRI) reported term life insurance segment revenues — total assets of $6.49B in Q2 2024.
How has Primerica's term life insurance segment revenues — total assets changed year-over-year?
Primerica's term life insurance segment revenues — total assets increased by 0.1% year-over-year, from $6.48B to $6.49B.
What is the long-term trend for Primerica's term life insurance segment revenues — total assets?
Over 2 years (2021 to 2023), Primerica's term life insurance segment revenues — total assets has grown at a -5.1% compound annual growth rate (CAGR), from $28.82B to $25.95B.
What does term life insurance segment revenues — total assets mean?
The total value of all assets managed by or allocated to the term life insurance business segment.
How do you interpret term life insurance segment revenues — total assets?
An increasing asset base typically signals growth in the insurance book of business and higher investment potential.
How does term life insurance segment revenues — total assets compare across companies?
Standard segment-level asset reporting used by insurance companies to demonstrate business unit scale.