What is Primerica's earnings per share (EPS)?

Primerica (PRI) reported diluted earnings per share of $22.91 for fiscal year 2025. This represents a 67.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Primerica Financials

PRI

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Primerica (PRI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Neutral

6/9

Primerica passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.20x

For every $1 of reported earnings, Primerica generates $1.20 in operating cash flow ($901.2M OCF vs $751.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$3.3B

YoY+6.6%

5Y CAGR+8.2%

10Y CAGR+8.9%

Primerica generated $3.3B in revenue in fiscal year 2025. This represents an increase of 6.6% from the prior year.

EBITDA

N/A

Net Income

$751.2M

YoY+59.7%

5Y CAGR+14.2%

10Y CAGR+14.7%

Primerica reported $751.2M in net income in fiscal year 2025. This represents an increase of 59.7% from the prior year.

EPS (Diluted)

$22.91

YoY+67.1%

5Y CAGR+19.1%

10Y CAGR+20.0%

Primerica earned $22.91 per diluted share (EPS) in fiscal year 2025. This represents an increase of 67.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$756.2M

YoY+9.9%

5Y CAGR+6.7%

10Y CAGR+17.4%

Primerica held $756.2M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

$4.16

YoY+26.1%

5Y CAGR+21.1%

10Y CAGR+20.6%

Primerica paid $4.16 per share in dividends in fiscal year 2025. This represents an increase of 26.1% from the prior year.

Shares Outstanding

32M

YoY-4.8%

5Y CAGR-4.2%

10Y CAGR-4.1%

Primerica had 32M shares outstanding in fiscal year 2025. This represents a decrease of 4.8% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

22.8%

YoY+7.6pp

5Y CAGR+5.4pp

10Y CAGR+9.3pp

Primerica's net profit margin was 22.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 7.6 percentage points from the prior year.

Return on Equity

30.7%

YoY+9.9pp

5Y CAGR+9.7pp

10Y CAGR+14.1pp

Primerica's ROE was 30.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 9.9 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$450.0M

YoY+5.9%

5Y CAGR+14.2%

10Y CAGR+8.4%

Primerica spent $450.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 5.9% from the prior year.

Capital Expenditures

N/A

PRI Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$3.3B+6.6%	$3.1B+12.4%	$2.7B+3.4%	$2.7B-1.9%	$2.7B+22.2%	$2.2B
Cost of Revenue	N/A	N/A	$55.2M-19.3%	$68.4M+29.6%	$52.8M	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$24.0M-4.3%	$25.0M-5.9%	$26.6M-2.4%	$27.2M-11.0%	$30.6M+6.2%	$28.8M
Income Tax	$223.3M+1.9%	$219.1M+21.4%	$180.6M+10.1%	$163.9M-2.1%	$167.5M+39.0%	$120.6M
Net Income	$751.2M+59.7%	$470.5M-18.4%	$576.6M+22.1%	$472.1M-1.1%	$477.4M+23.6%	$386.2M
EPS (Diluted)	$22.91+67.1%	$13.71-14.0%	$15.94+29.3%	$12.33+2.8%	$11.99+25.3%	$9.57

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$853.7M+1.6%	$839.9M+5.9%	$793.3M-1.4%	$804.8M+2.1%	$788.1M+1.8%	$774.1M-2.1%	$791.0M+7.5%	$736.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	$15.7M+16.2%	$13.5M
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$6.0M-0.3%	$6.0M-0.3%	$6.0M-0.1%	$6.0M	N/A	$6.1M-0.1%	$6.1M-9.9%	$6.8M
Income Tax	$50.0M-22.9%	$64.9M+15.6%	$56.2M+7.4%	$52.3M+2.8%	$50.8M-15.0%	$59.8M-5.7%	$63.5M+41.1%	$45.0M
Net Income	$197.0M-4.7%	$206.8M+16.0%	$178.3M+5.5%	$169.1M+1.2%	$167.1M+1.6%	$164.4M+13937.0%	$1.2M-99.2%	$137.9M
EPS (Diluted)	N/A	$6.35+17.6%	$5.40+6.9%	$5.05+1.8%	$4.96+2.7%	$4.83+16000.0%	$0.03-99.2%	$3.93

PRI Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$15.0B+3.0%	$14.6B-3.0%	$15.0B+2.6%	$14.6B-9.6%	$16.2B+8.7%	$14.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$756.2M+9.9%	$687.8M+15.8%	$594.1M+21.4%	$489.2M+24.6%	$392.5M-28.3%	$547.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	$127.7M0.0%	$127.7M-28.7%	$179.2M	N/A
Total Liabilities	$12.6B+2.0%	$12.3B-4.9%	$13.0B+2.8%	$12.6B-10.1%	$14.0B+7.4%	$13.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.4B+8.3%	$2.3B+9.3%	$2.1B+1.7%	$2.0B+119.5%	$925.4M-49.6%	$1.8B
Retained Earnings	$2.4B+8.3%	$2.2B-2.0%	$2.3B+5.7%	$2.2B+7.4%	$2.0B+17.5%	$1.7B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$15.0B+1.1%	$14.8B+0.1%	$14.8B+1.7%	$14.6B0.0%	$14.6B-1.6%	$14.8B+1.7%	$14.6B-2.3%	$14.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$756.2M+17.3%	$644.9M+3.8%	$621.2M-0.6%	$625.1M-9.1%	$687.8M+25.0%	$550.1M-12.3%	$627.3M+5.7%	$593.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$127.7M
Total Liabilities	$12.6B+0.1%	$12.6B+0.2%	$12.5B+1.5%	$12.3B+0.1%	$12.3B-4.2%	$12.9B+3.4%	$12.4B-2.2%	$12.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.4B+6.5%	$2.3B-0.5%	$2.3B+2.3%	$2.3B-0.1%	$2.3B+16.0%	$1.9B-8.2%	$2.1B-2.9%	$2.2B
Retained Earnings	$2.4B+4.2%	$2.3B+2.1%	$2.3B+0.8%	$2.3B+1.0%	$2.2B+4.7%	$2.1B+0.4%	$2.1B-7.1%	$2.3B

PRI Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$901.2M+4.5%	$862.1M+24.5%	$692.5M-8.6%	$757.7M+15.3%	$657.0M+2.1%	$643.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$235.6M-1.4%	-$232.3M-157.9%	-$90.1M+55.0%	-$200.0M+78.3%	-$923.4M-1625.0%	-$53.5M
Financing Cash Flow	-$599.6M-8.8%	-$551.1M-14.9%	-$479.6M-4.8%	-$457.9M-524.0%	$108.0M+135.8%	-$301.8M
Dividends Paid	$271.7M-6.3%	$290.0M-12.1%	$330.0M+29.4%	$255.0M+241.7%	$74.6M+16.0%	$64.3M
Share Buybacks	$450.0M+5.9%	$425.0M+13.3%	$375.1M+5.3%	$356.3M+1800.2%	$18.8M-91.9%	$231.4M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$338.2M+66.7%	$202.9M+24.8%	$162.6M-17.7%	$197.5M-27.0%	$270.6M+30.6%	$207.3M+19.6%	$173.3M-17.8%	$210.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$119.8M-680.7%	-$15.3M-792.4%	-$1.7M+98.3%	-$98.8M-94.9%	-$50.7M+59.5%	-$125.1M-520.0%	$29.8M+134.5%	-$86.3M
Financing Cash Flow	-$108.0M+33.7%	-$162.9M+2.6%	-$167.3M-3.6%	-$161.4M-103.4%	-$79.4M+50.5%	-$160.2M+5.0%	-$168.6M-18.0%	-$142.9M
Dividends Paid	$168.9M+399.5%	$33.8M-1.1%	$34.2M-1.5%	$34.7M-83.3%	$207.4M+579.6%	$30.5M+18.1%	$25.8M-1.6%	$26.3M
Share Buybacks	$70.1M-45.7%	$129.0M-3.0%	$133.0M+12.7%	$118.0M+165.8%	$44.4M-65.5%	$128.8M-9.7%	$142.7M+30.8%	$109.1M

PRI Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	22.8%+7.6pp	15.2%-5.8pp	21.0%+3.2pp	17.8%+0.1pp	17.6%+0.2pp	17.4%
Return on Equity	30.7%+9.9pp	20.8%-7.1pp	27.9%+4.7pp	23.2%-28.3pp	51.6%+30.6pp	21.0%
Return on Assets	5.0%+1.8pp	3.2%-0.6pp	3.8%+0.6pp	3.2%+0.3pp	2.9%+0.4pp	2.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	5.14-0.3	5.46-0.8	6.27+0.1	6.21-9.0	15.16+8.0	7.12
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	23.1%-1.5pp	24.6%+2.1pp	22.5%+1.5pp	21.0%-0.2pp	21.2%-0.0pp	21.2%+21.1pp	0.1%-18.6pp	18.7%
Return on Equity	8.1%-0.9pp	9.0%+1.3pp	7.7%+0.2pp	7.5%+0.1pp	7.4%-1.0pp	8.4%+8.4pp	0.1%-6.3pp	6.3%
Return on Assets	1.3%-0.1pp	1.4%+0.2pp	1.2%+0.0pp	1.2%0.0pp	1.1%+0.0pp	1.1%+1.1pp	0.0%-0.9pp	0.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	5.14-0.3	5.47+0.0	5.43-0.0	5.47+0.0	5.46-1.2	6.61+0.7	5.86+0.0	5.82
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Primerica's annual revenue?

Primerica (PRI) reported $3.3B in total revenue for fiscal year 2025. This represents a 6.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Primerica's revenue growing?

Primerica (PRI) revenue grew by 6.6% year-over-year, from $3.1B to $3.3B in fiscal year 2025.

Is Primerica profitable?

Yes, Primerica (PRI) reported a net income of $751.2M in fiscal year 2025, with a net profit margin of 22.8%.

What is Primerica's net profit margin?

Primerica (PRI) had a net profit margin of 22.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Primerica pay dividends?

Yes, Primerica (PRI) paid $4.16 per share in dividends during fiscal year 2025.

What is Primerica's return on equity (ROE)?

Primerica (PRI) has a return on equity of 30.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Primerica's operating cash flow?

Primerica (PRI) generated $901.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Primerica's total assets?

Primerica (PRI) had $15.0B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Primerica buy back shares?

Yes, Primerica (PRI) spent $450.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Primerica have outstanding?

Primerica (PRI) had 32M shares outstanding as of fiscal year 2025.

What is Primerica's debt-to-equity ratio?

Primerica (PRI) had a debt-to-equity ratio of 5.14 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Primerica's return on assets (ROA)?

Primerica (PRI) had a return on assets of 5.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Primerica's Piotroski F-Score?

Primerica (PRI) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Primerica's earnings high quality?

Primerica (PRI) has an earnings quality ratio of 1.20x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.