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Primo Brands PRMB Business Segments — Gain (Loss) on Extinguishment of Debt

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Other financials

Income statement

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Revenue$1.8B+3.8%
Gross profit$548.7M+1.4%
Operating income$180.3M+59.8%
Net income$69.2M+151%
EPS (diluted)$0.19+171%

Balance sheet

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Cash & equivalents$366.8M-11.0%
Total debt$5.7B-2.5%
Total equity$3.0B-8.2%
Total assets$10.6B-3.7%

Cash flow

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Operating cash flow$227.9M+47.0%
CapEx$85.5M+58.6%
Free cash flow$142.4M+40.9%

Valuation

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Market cap$9.19B-6.8%
Enterprise value$14.52B-5.0%
P/E65.2×
P/S1.4×-0.3×

Profitability

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Gross margin29.2%-2.3pp
Operating margin7.2%
Net margin-1.3%-4.6pp
FCF margin5.4%+4.0pp

Returns & leverage

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Return on equity-1%-136pp
Debt / equity1.9×+0.1×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Primo Brands in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.

The source filing: Primo Brands’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 11:43 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053045
($ in millions)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Selling expense, adjusted 1119.4117.2235.6223.1
General and administrative expense, adjusted 1112.2114.3233.0233.9
Other segment expense 264.492.692.7152.5
Depreciation and amortization142.2145.3283.2273.9
Interest and financing expense, net81.381.9159.6164.0
Loss on modification and extinguishment of debt17.718.6
Income taxes27.916.341.434.0
Segment net income from continuing operations$69.2$30.5$96.5$65.2

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Primo Brands's business segments — gain (loss) on extinguishment of debt?
Primo Brands (PRMB) reported business segments — gain (loss) on extinguishment of debt of $0 in Q2 2026.
What is the long-term trend for Primo Brands's business segments — gain (loss) on extinguishment of debt?
Over 3 years (2022 to 2025), Primo Brands's business segments — gain (loss) on extinguishment of debt has grown at a 28.8% compound annual growth rate (CAGR), from $8.7M to -$18.6M.
What does business segments — gain (loss) on extinguishment of debt mean?
Records the financial impact of retiring debt obligations before their scheduled maturity date. This is typically a non-recurring item resulting from refinancing activities or debt restructuring.

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