Primo Brands Corporation
Primo Brands Corporation operates as a branded beverage company in North America. It offers solutions through water dispensers, direct delivery of refillable/reusable bottles, pre-filled Water exchange program, and water filtration appliances, as well as operates self-service water refill stations. The company has a portfolio of packaged branded beverages under the Poland Spring, Pure Life, Sarat… Read more
Primo Brands Corporation (PRMB) - Net Assets
Latest net assets as of September 2025: $3.16 Billion USD
Based on the latest financial reports, Primo Brands Corporation (PRMB) has net assets worth $3.16 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.96 Billion) and total liabilities ($7.80 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.16 Billion |
| % of Total Assets | 28.84% |
| Annual Growth Rate | 15.92% |
| 5-Year Change | 155.71% |
| 10-Year Change | 433.24% |
| Growth Volatility | 21846.79 |
Primo Brands Corporation - Net Assets Trend (1991–2024)
This chart illustrates how Primo Brands Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Primo Brands Corporation (1991–2024)
The table below shows the annual net assets of Primo Brands Corporation from 1991 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.44 Billion | +127462.96% |
| 2023-12-31 | $2.70 Million | -99.79% |
| 2022-12-31 | $1.28 Billion | -2.82% |
| 2021-12-31 | $1.32 Billion | -1.99% |
| 2020-12-31 | $1.35 Billion | +15.49% |
| 2019-12-31 | $1.17 Billion | -0.36% |
| 2018-12-31 | $1.17 Billion | +32.14% |
| 2017-12-31 | $885.70 Million | +1.36% |
| 2016-12-31 | $873.80 Million | +35.28% |
| 2015-12-31 | $645.90 Million | -7.42% |
| 2014-12-31 | $697.70 Million | +15.15% |
| 2013-12-31 | $605.90 Million | -2.73% |
| 2012-12-31 | $622.90 Million | +9.63% |
| 2011-12-31 | $568.20 Million | +6.17% |
| 2010-12-31 | $535.20 Million | +33.37% |
| 2009-12-31 | $401.30 Million | +62.80% |
| 2008-12-31 | $246.50 Million | -45.44% |
| 2007-12-31 | $451.80 Million | -11.34% |
| 2006-12-31 | $509.60 Million | +1.03% |
| 2005-12-31 | $504.40 Million | +4.84% |
| 2004-12-31 | $481.10 Million | +29.78% |
| 2003-12-31 | $370.70 Million | +51.43% |
| 2002-12-31 | $244.80 Million | +9.53% |
| 2001-12-31 | $223.50 Million | +41.01% |
| 2000-12-31 | $158.50 Million | +11.38% |
| 1999-12-31 | $142.30 Million | +16.64% |
| 1998-12-31 | $122.00 Million | -47.97% |
| 1997-12-31 | $234.50 Million | -5.06% |
| 1996-12-31 | $247.00 Million | +17.90% |
| 1995-12-31 | $209.50 Million | -13.03% |
| 1994-12-31 | $240.90 Million | +10.40% |
| 1993-12-31 | $218.20 Million | +240.94% |
| 1992-12-31 | $64.00 Million | +143.35% |
| 1991-12-31 | $26.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Primo Brands Corporation'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 20282.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.80 Million | 0.11% |
| Other Comprehensive Income | $-17.20 Million | -0.50% |
| Other Components | $4.97 Billion | 144.34% |
| Total Equity | $3.44 Billion | 100.00% |
Primo Brands Corporation Competitors by Market Cap
The table below lists competitors of Primo Brands Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Telefônica Brasil S.A.
SA:VIVT3
|
$4.78 Billion |
|
Atour Lifestyle Holdings Limited American Depositary Shares
NASDAQ:ATAT
|
$4.79 Billion |
|
Crispr Therapeutics AG
NASDAQ:CRSP
|
$4.79 Billion |
|
Hoa Phat Group JSC
VN:HPG
|
$4.79 Billion |
|
COM.INTL BK GDR S LE 10
F:CIN
|
$4.77 Billion |
|
Bajaj Holdings & Investment Limited
NSE:BAJAJHLDNG
|
$4.77 Billion |
|
Showa Denko K.K
PINK:SHWDF
|
$4.76 Billion |
|
Bank of Chengdu Co Ltd
SHG:601838
|
$4.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Primo Brands Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,700,000 to 3,444,200,000, a change of 3,441,500,000 (127463.0%).
- Net loss of 16,400,000 reduced equity.
- Dividend payments of 615,800,000 reduced retained earnings.
- Share repurchases of 10,400,000 reduced equity.
- New share issuances of 1,900,000 increased equity.
- Other comprehensive income decreased equity by 9,700,000.
- Other factors increased equity by 4,091,900,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-16.40 Million | -0.48% |
| Dividends Paid | $615.80 Million | -17.88% |
| Share Repurchases | $10.40 Million | -0.3% |
| Share Issuances | $1.90 Million | +0.06% |
| Other Comprehensive Income | $-9.70 Million | -0.28% |
| Other Changes | $4.09 Billion | +118.81% |
| Total Change | $- | 127462.96% |
Book Value vs Market Value Analysis
This analysis compares Primo Brands Corporation'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: 1.46x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 17.54x to 1.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | $1.18 | $20.72 | x |
| 1992-12-31 | $1.19 | $20.72 | x |
| 1993-12-31 | $3.61 | $20.72 | x |
| 1994-12-31 | $3.71 | $20.72 | x |
| 1995-12-31 | $3.42 | $20.72 | x |
| 1996-12-31 | $3.88 | $20.72 | x |
| 1997-12-31 | $3.49 | $20.72 | x |
| 1998-12-31 | $1.94 | $20.72 | x |
| 1999-12-31 | $2.15 | $20.72 | x |
| 2000-12-31 | $2.37 | $20.72 | x |
| 2001-12-31 | $2.84 | $20.72 | x |
| 2002-12-31 | $3.36 | $20.72 | x |
| 2003-12-31 | $4.86 | $20.72 | x |
| 2004-12-31 | $6.37 | $20.72 | x |
| 2005-12-31 | $6.70 | $20.72 | x |
| 2006-12-31 | $6.81 | $20.72 | x |
| 2007-12-31 | $6.02 | $20.72 | x |
| 2008-12-31 | $3.23 | $20.72 | x |
| 2009-12-31 | $5.13 | $20.72 | x |
| 2010-12-31 | $6.06 | $20.72 | x |
| 2011-12-31 | $5.85 | $20.72 | x |
| 2012-12-31 | $6.46 | $20.72 | x |
| 2013-12-31 | $6.24 | $20.72 | x |
| 2014-12-31 | $7.37 | $20.72 | x |
| 2015-12-31 | $6.20 | $20.72 | x |
| 2016-12-31 | $6.77 | $20.72 | x |
| 2017-12-31 | $6.32 | $20.72 | x |
| 2018-12-31 | $8.41 | $20.72 | x |
| 2019-12-31 | $8.62 | $20.72 | x |
| 2020-12-31 | $8.66 | $20.72 | x |
| 2021-12-31 | $8.21 | $20.72 | x |
| 2022-12-31 | $7.92 | $20.72 | x |
| 2023-12-31 | $0.02 | $20.72 | x |
| 2024-12-31 | $14.21 | $20.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Primo Brands Corporation 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): -0.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.32%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 3.25x
- Recent ROE (-0.48%) is below the historical average (101.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 27.94% | 5.90% | 1.67x | 2.83x | $4.43 Million |
| 1992 | 16.86% | 3.86% | 1.59x | 2.75x | $4.11 Million |
| 1993 | 12.48% | 5.32% | 1.65x | 1.42x | $5.28 Million |
| 1994 | 10.90% | 3.18% | 1.63x | 2.11x | $2.04 Million |
| 1995 | -10.43% | -2.30% | 1.74x | 2.60x | $-41.91 Million |
| 1996 | 10.42% | 2.52% | 1.68x | 2.45x | $1.03 Million |
| 1997 | -2.26% | -0.52% | 1.19x | 3.65x | $-28.73 Million |
| 1998 | -89.75% | -11.42% | 1.40x | 5.60x | $-121.70 Million |
| 1999 | 13.00% | 1.87% | 1.68x | 4.14x | $4.27 Million |
| 2000 | 16.03% | 2.56% | 1.59x | 3.92x | $9.55 Million |
| 2001 | 20.42% | 3.66% | 1.02x | 5.45x | $20.36 Million |
| 2002 | 1.79% | 0.33% | 1.53x | 3.60x | $-17.92 Million |
| 2003 | 22.43% | 5.46% | 1.56x | 2.63x | $42.89 Million |
| 2004 | 17.12% | 4.76% | 1.61x | 2.23x | $32.57 Million |
| 2005 | 5.10% | 1.40% | 1.49x | 2.45x | $-23.59 Million |
| 2006 | -3.58% | -0.99% | 1.55x | 2.33x | $-66.37 Million |
| 2007 | -16.52% | -4.02% | 1.56x | 2.63x | $-114.62 Million |
| 2008 | -53.58% | -7.45% | 1.91x | 3.76x | $-145.72 Million |
| 2009 | 21.11% | 5.10% | 1.84x | 2.25x | $42.90 Million |
| 2010 | 10.47% | 3.03% | 1.18x | 2.93x | $2.48 Million |
| 2011 | 6.77% | 1.61% | 1.55x | 2.71x | $-17.98 Million |
| 2012 | 7.81% | 2.12% | 1.44x | 2.56x | $-13.38 Million |
| 2013 | 2.85% | 0.81% | 1.47x | 2.39x | $-42.64 Million |
| 2014 | 1.56% | 0.51% | 0.68x | 4.50x | $-58.28 Million |
| 2015 | 0.39% | 0.08% | 1.02x | 4.52x | $-61.43 Million |
| 2016 | -8.96% | -4.79% | 0.41x | 4.54x | $-164.65 Million |
| 2017 | -0.16% | -0.06% | 0.55x | 4.65x | $-89.36 Million |
| 2018 | -3.84% | -1.90% | 0.75x | 2.71x | $-162.04 Million |
| 2019 | 0.25% | 0.16% | 0.53x | 2.91x | $-113.72 Million |
| 2020 | -13.76% | -9.49% | 0.54x | 2.68x | $-320.09 Million |
| 2021 | -0.24% | -0.15% | 0.56x | 2.82x | $-135.21 Million |
| 2022 | 2.31% | 1.75% | 0.46x | 2.86x | $-98.69 Million |
| 2023 | 3437.04% | 1.98% | 0.91x | 1908.81x | $92.53 Million |
| 2024 | -0.48% | -0.32% | 0.46x | 3.25x | $-360.82 Million |
Industry Comparison
This section compares Primo Brands Corporation's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $91,942,689,968
- Average return on equity (ROE) among peers: -129.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Primo Brands Corporation (PRMB) | $3.16 Billion | 27.94% | 2.47x | $4.77 Billion |
| Embotelladora Andina S.A (AKO-B) | $919.00 Billion | 8.21% | 1.47x | $4.29 Billion |
| Alkame Holdings Inc (ALKM) | $-39.16K | 0.00% | 0.00x | $549.92K |
| Apple Rush Company (APRU) | $52.46K | -1399.10% | 30.30x | $11.05 |
| Signet International Holdings Inc (AQPW) | $129.01K | -179.65% | 2.11x | $740.86K |
| A1 Group Inc (AWON) | $-124.65K | 0.00% | 0.00x | $25.26 |
| A.G. BARR p.l.c (BAGFF) | $292.70 Million | 13.15% | 0.37x | $578.72 Million |
| Blue Gem Enterprise (BGEM) | $10.00K | -60.00% | 0.00x | $0.96 |
| Barfresh Food Group Inc (BRFH) | $1.07 Million | -353.23% | 2.45x | $18.15 Million |
| Britvic plc (BTVCF) | $134.97 Million | 107.94% | 12.26x | $3.84 Billion |
| Buda Juice, Inc. (BUDA) | $401.00K | 564.09% | 6.39x | $21.46 Million |