Primerica Inc (PRI) - Net Assets
Based on the latest financial reports, Primerica Inc (PRI) has net assets worth $2.52 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($14.68 Billion) and total liabilities ($12.16 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Primerica Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.52 Billion |
| % of Total Assets | 17.17% |
| Annual Growth Rate | -3.65% |
| 5-Year Change | 17.04% |
| 10-Year Change | 100.26% |
| Growth Volatility | 20.43 |
Primerica Inc - Net Assets Trend (2007–2025)
This chart illustrates how Primerica Inc's net assets have evolved over time, based on quarterly financial data. See Primerica Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Primerica Inc (2007–2025)
The table below shows the annual net assets of Primerica Inc from 2007 to 2025. For live valuation and market cap data, see PRI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.45 Billion | +8.27% |
| 2024-12-31 | $2.26 Billion | +9.35% |
| 2023-12-31 | $2.07 Billion | +20.01% |
| 2022-12-31 | $1.72 Billion | -17.62% |
| 2021-12-31 | $2.09 Billion | +13.83% |
| 2020-12-31 | $1.84 Billion | +11.10% |
| 2019-12-31 | $1.65 Billion | +13.07% |
| 2018-12-31 | $1.46 Billion | +2.99% |
| 2017-12-31 | $1.42 Billion | +16.19% |
| 2016-12-31 | $1.22 Billion | +6.60% |
| 2015-12-31 | $1.15 Billion | -7.98% |
| 2014-12-31 | $1.25 Billion | +1.89% |
| 2013-12-31 | $1.22 Billion | -4.19% |
| 2012-12-31 | $1.28 Billion | -10.35% |
| 2011-12-31 | $1.42 Billion | -0.62% |
| 2010-12-31 | $1.43 Billion | -71.04% |
| 2009-12-31 | $4.94 Billion | +20.23% |
| 2008-12-31 | $4.11 Billion | -13.97% |
| 2007-12-31 | $4.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Primerica Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 32.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.42 Billion | 98.78% |
| Common Stock | $318.00K | 0.01% |
| Other Comprehensive Income | $29.43 Million | 1.20% |
| Total Equity | $2.45 Billion | 100.00% |
Primerica Inc Competitors by Market Cap
The table below lists competitors of Primerica Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OPC Energy Ltd
TA:OPCE
|
$8.48 Billion |
|
Orion Oyj B
HE:ORNBV
|
$8.48 Billion |
|
DISCOVERY LTD(UNSP.ADR)/3
F:D3H0
|
$8.48 Billion |
|
Localiza Rent a Car S.A
SA:RENT3
|
$8.48 Billion |
|
UNICHARM CORP. SP.ADR 1
F:UN41
|
$8.48 Billion |
|
Biomerieux SA
PA:BIM
|
$8.48 Billion |
|
Alpha Services and Holdings S.A.
AT:ALPHA
|
$8.47 Billion |
|
Chang Hwa Commercial Bank Ltd
TW:2801
|
$8.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Primerica Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,259,041,000 to 2,445,902,000, a change of 186,861,000 (8.3%).
- Net income of 751,234,000 contributed positively to equity growth.
- Dividend payments of 136,052,000 reduced retained earnings.
- Share repurchases of 450,033,000 reduced equity.
- Other comprehensive income increased equity by 2,211,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $751.23 Million | +30.71% |
| Dividends Paid | $136.05 Million | -5.56% |
| Share Repurchases | $450.03 Million | -18.4% |
| Other Comprehensive Income | $2.21 Million | +0.09% |
| Other Changes | $19.50 Million | +0.8% |
| Total Change | $- | 8.27% |
Book Value vs Market Value Analysis
This analysis compares Primerica Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.78x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.44x to 3.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $63.73 | $282.84 | x |
| 2008-12-31 | $54.83 | $282.84 | x |
| 2009-12-31 | $67.99 | $282.84 | x |
| 2010-12-31 | $19.64 | $282.84 | x |
| 2011-12-31 | $19.46 | $282.84 | x |
| 2012-12-31 | $20.44 | $282.84 | x |
| 2013-12-31 | $21.58 | $282.84 | x |
| 2014-12-31 | $22.81 | $282.84 | x |
| 2015-12-31 | $22.50 | $282.84 | x |
| 2016-12-31 | $25.74 | $282.84 | x |
| 2017-12-31 | $31.06 | $282.84 | x |
| 2018-12-31 | $33.23 | $282.84 | x |
| 2019-12-31 | $39.05 | $282.84 | x |
| 2020-12-31 | $45.69 | $282.84 | x |
| 2021-12-31 | $52.52 | $282.84 | x |
| 2022-12-31 | $45.18 | $282.84 | x |
| 2023-12-31 | $57.34 | $282.84 | x |
| 2024-12-31 | $66.06 | $282.84 | x |
| 2025-12-31 | $74.84 | $282.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Primerica Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 30.71%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.29%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 6.14x
- Recent ROE (30.71%) is above the historical average (18.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 12.42% | 24.83% | 0.20x | 2.55x | $115.64 Million |
| 2008 | 4.08% | 7.63% | 0.20x | 2.71x | $-243.52 Million |
| 2009 | 10.00% | 22.27% | 0.17x | 2.68x | $211.70K |
| 2010 | 16.24% | 17.07% | 0.14x | 6.90x | $89.31 Million |
| 2011 | 11.05% | 14.25% | 0.11x | 7.03x | $14.93 Million |
| 2012 | 13.63% | 14.60% | 0.12x | 8.09x | $46.26 Million |
| 2013 | 13.32% | 12.84% | 0.12x | 8.45x | $40.52 Million |
| 2014 | 14.57% | 13.54% | 0.12x | 8.62x | $56.90 Million |
| 2015 | 16.57% | 13.51% | 0.13x | 9.26x | $75.29 Million |
| 2016 | 17.96% | 14.44% | 0.13x | 9.37x | $97.28 Million |
| 2017 | 24.68% | 20.74% | 0.14x | 8.78x | $208.34 Million |
| 2018 | 22.18% | 17.06% | 0.15x | 8.62x | $177.94 Million |
| 2019 | 22.17% | 17.85% | 0.15x | 8.28x | $201.14 Million |
| 2020 | 21.03% | 17.41% | 0.15x | 8.12x | $202.58 Million |
| 2021 | 22.92% | 17.62% | 0.17x | 7.74x | $269.11 Million |
| 2022 | 27.42% | 17.76% | 0.17x | 8.92x | $299.92 Million |
| 2023 | 27.91% | 20.98% | 0.18x | 7.27x | $370.00 Million |
| 2024 | 20.83% | 15.23% | 0.21x | 6.45x | $244.61 Million |
| 2025 | 30.71% | 23.29% | 0.21x | 6.14x | $506.64 Million |
Industry Comparison
This section compares Primerica Inc's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $1,929,645,673
- Average return on equity (ROE) among peers: 21.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Primerica Inc (PRI) | $2.52 Billion | 12.42% | 4.82x | $8.48 Billion |
| Atlantic American Corporation (AAME) | $23.00 Million | -2.61% | 8.10x | $36.92 Million |
| Abacus Life Inc. (ABL) | $28.15 Million | -0.19% | 1.10x | $827.97 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $87.44K |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $857.55 Million |
| Aflac Incorporated (AFL) | $549.10 Million | 16.99% | 8.16x | $58.84 Billion |
| Brighthouse Financial Inc (BHF) | $5.53 Billion | 70.18% | 39.84x | $3.62 Billion |
| Citizens Inc (CIA) | $77.31 Million | 2.66% | 2.46x | $278.04 Million |
| CNO Financial Group Inc (CNO) | $4.71 Billion | 2.25% | 5.94x | $4.55 Billion |
| F&G Annuities & Life Inc. (FG) | $4.92 Billion | 5.39% | 19.02x | $3.60 Billion |
| Globe Life Inc (GL) | $3.46 Billion | 14.99% | 3.33x | $12.82 Billion |
About Primerica Inc
Primerica, Inc., together with its subsidiaries, provides financial products and services to middle-income households in the United States and Canada. It operates in three segments: Term Life Insurance; Investment and Savings Products; and Corporate and Other Distributed Products. The Term Life Insurance segment underwrites individual term life insurance products. The Investment and Savings Produ… Read more