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Primo Brands PRMB Business Segments — Intangible asset impairment

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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:ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill.

The source filing: Primo Brands’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 3:58 PM EST
Fiscal year
FY2025
Accession
0001628280-26-012779
($ in millions)For the Year Ended December 31, 2025For the Year Ended December 31, 20242023
Marketing expense205.5218.5197.7
Selling expense, adjusted 1460.1349.8305.3
General and administrative expense, adjusted 1431.8336.8326.3
Intangible asset impairment35.6
Other income, net(59.7)
Other segment expense 2356.0301.071.8
Depreciation and amortization610.2333.3305.7
Interest and financing expense, net326.5339.6288.1

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Primo Brands's business segments — intangible asset impairment?
Primo Brands (PRMB) reported business segments — intangible asset impairment of $8.9M in Q4 2025.
What does business segments — intangible asset impairment mean?
This metric reflects the non-cash charge recognized when the carrying value of an intangible asset, such as brand names, trademarks, or customer relationships, exceeds its fair market value. It indicates that the economic benefits expected from these assets have declined, often due to changes in market conditions or competitive pressures. Monitoring this helps investors identify potential overvaluation of acquired assets or shifts in brand equity.

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