Perimeter Solutions (PRM) Financials

$9.93 -0.06 (-0.55%)

Closing price 04/15/2025 03:59 PM Eastern

Extended Trading

$9.93 0.00 (0.00%)

As of 04/15/2025 05:59 PM Eastern

Annual Income Statements for Perimeter Solutions

This table shows Perimeter Solutions' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-42	24	92	67	-5.91
Consolidated Net Income / (Loss)	-42	24	92	67	-5.91
Net Income / (Loss) Continuing Operations	-42	24	92	67	-5.91
Total Pre-Tax Income	-60	35	97	62	-47
Total Operating Income	-5.78	71	130	94	-3.77
Total Gross Profit	84	162	129	128	317
Total Revenue	239	340	361	322	561
Operating Revenue	239	340	361	322	561
Total Cost of Revenue	155	178	232	194	244
Operating Cost of Revenue	155	178	232	194	244
Total Operating Expenses	90	91	-1.41	34	321
Selling, General & Admin Expense	39	38	60	47	67
Amortization Expense	51	51	55	55	55
Other Operating Expenses / (Income)	-	1.36	-117	-108	199
Impairment Charge	-	-	0.00	41	0.00
Total Other Income / (Expense), net	-54	-37	-33	-33	-43
Interest Expense	52	42	43	41	40
Other Income / (Expense), net	-2.28	5.27	9.75	8.51	-2.64
Income Tax Expense	-18	10	5.47	-5.90	-41
Basic Earnings per Share	($0.79)	$0.46	$0.57	$0.44	($0.04)
Weighted Average Basic Shares Outstanding	53.05M	53.05M	160.94M	154.67M	145.71M
Diluted Earnings per Share	($0.79)	$0.46	$0.52	$0.41	($0.04)
Weighted Average Diluted Shares Outstanding	53.05M	53.05M	175.08M	166.45M	145.71M
Weighted Average Basic & Diluted Shares Outstanding	-	-	158.63M	145.73M	149.66M

This table shows Perimeter Solutions' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	106	-60	9.43	52	19	-13	-83	22	-89	144
Consolidated Net Income / (Loss)	106	-60	9.43	52	19	-13	-83	22	-89	144
Net Income / (Loss) Continuing Operations	106	-60	9.43	52	19	-13	-83	22	-89	144
Total Pre-Tax Income	121	-65	3.11	53	23	-17	-87	34	-44	50
Total Operating Income	131	-60	13	63	27	-8.92	-75	45	-35	61
Total Gross Profit	87	-3.43	10	29	70	19	21	73	181	42
Total Revenue	161	41	44	76	143	59	59	127	288	86
Operating Revenue	161	41	44	76	143	59	59	127	288	86
Total Cost of Revenue	74	45	33	47	73	41	38	54	107	44
Operating Cost of Revenue	74	45	33	47	73	41	38	54	107	44
Total Operating Expenses	-44	56	-2.46	-34	43	28	96	28	216	-19
Selling, General & Admin Expense	16	5.38	8.02	12	13	14	13	14	19	21
Amortization Expense	14	14	14	14	14	14	14	14	14	14
Other Operating Expenses / (Income)	-74	37	-24	-60	-25	0.33	68	0.59	184	-54
Total Other Income / (Expense), net	-10	-5.38	-9.74	-11	-4.11	-8.42	-12	-11	-8.85	-11
Interest Expense	9.94	10	10	10	10	10	11	11	10	9.17
Other Income / (Expense), net	-0.28	4.63	0.40	-0.26	6.34	2.02	-1.32	-0.30	1.20	-2.22
Income Tax Expense	15	-4.77	-6.32	0.73	3.78	-4.09	-4.27	12	45	-94
Basic Earnings per Share	$0.65	($0.36)	$0.06	$0.33	$0.13	($0.08)	($0.57)	$0.15	($0.61)	$0.99
Weighted Average Basic Shares Outstanding	162.64M	160.94M	157.70M	156.53M	153.69M	154.67M	145.33M	145.24M	145.22M	145.71M
Diluted Earnings per Share	$0.60	($0.34)	$0.06	$0.31	$0.12	($0.08)	($0.57)	$0.14	($0.61)	$1.00
Weighted Average Diluted Shares Outstanding	176.78M	175.08M	169.49M	168.31M	165.48M	166.45M	145.33M	154.66M	145.22M	145.71M
Weighted Average Basic & Diluted Shares Outstanding	157.26M	158.63M	157.03M	154.52M	152.78M	145.73M	145.24M	145.22M	146.23M	149.66M

This table details how cash moves in and out of Perimeter Solutions' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2022	2023	2024
Net Change in Cash & Equivalents	-6.14	13	-99	-79	151
Net Cash From Operating Activities	-0.31	71	-40	0.19	188
Net Cash From Continuing Operating Activities	-0.31	71	-40	0.19	188
Net Income / (Loss) Continuing Operations	-42	24	92	67	-5.91
Consolidated Net Income / (Loss)	-42	24	92	67	-5.91
Depreciation Expense	58	58	66	65	66
Amortization Expense	3.56	3.47	26	1.66	1.73
Non-Cash Adjustments To Reconcile Net Income	0.00	-5.64	-141	-60	223
Changes in Operating Assets and Liabilities, net	-20	-9.37	-83	-74	-96
Net Cash From Investing Activities	-25	-9.47	-10	-15	-43
Net Cash From Continuing Investing Activities	-25	-9.47	-10	-15	-43
Purchase of Property, Plant & Equipment	-8.86	-7.50	-8.61	-9.44	-16
Acquisitions	-16	-1.97	-1.64	0.00	-33
Purchase of Investments	-	-	0.00	-5.46	0.00
Sale and/or Maturity of Investments	-	-	0.00	0.00	5.38
Net Cash From Financing Activities	21	-46	-49	-64	8.35
Net Cash From Continuing Financing Activities	21	-46	-49	-64	8.35
Repayment of Debt	-66	-118	0.00	-0.39	-0.74
Repurchase of Common Equity	-	0.00	-49	-64	-14
Other Financing Activities, net	-	0.00	0.53	0.00	24
Effect of Exchange Rate Changes	-1.69	-3.09	0.43	-0.32	-2.62
Cash Interest Paid	45	45	35	37	37
Cash Income Taxes Paid	8.17	19	13	26	75

This table details how cash moves in and out of Perimeter Solutions' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	41	-40	-35	-70	50	-24	-13	8.78	180	-25
Net Cash From Operating Activities	46	3.01	-32	-41	63	10	2.79	8.63	183	-5.99
Net Cash From Continuing Operating Activities	46	3.01	-32	-41	63	10	2.79	8.63	183	-5.99
Net Income / (Loss) Continuing Operations	106	-60	9.43	52	19	-13	-83	22	-89	144
Consolidated Net Income / (Loss)	106	-60	9.43	52	19	-13	-83	22	-89	144
Depreciation Expense	16	16	16	16	16	16	16	16	16	17
Amortization Expense	1.06	0.41	0.41	0.41	0.42	0.42	0.43	0.43	0.44	0.44
Non-Cash Adjustments To Reconcile Net Income	-67	42	-30	-56	22	3.54	72	6.56	189	-44
Changes in Operating Assets and Liabilities, net	-11	5.16	-28	-54	4.74	3.34	-3.31	-36	66	-123
Net Cash From Investing Activities	-2.02	-2.59	-2.46	-1.92	-2.26	-8.26	-0.47	0.66	-3.88	-39
Net Cash From Continuing Investing Activities	-2.02	-2.59	-2.46	-1.92	-2.26	-8.26	-0.47	0.66	-3.88	-39
Purchase of Property, Plant & Equipment	-2.02	-2.59	-2.46	-1.92	-2.26	-2.81	-1.55	-3.64	-3.88	-6.46
Net Cash From Financing Activities	-2.56	-42	-0.86	-26	-10	-27	-14	-0.33	-0.18	23
Net Cash From Continuing Financing Activities	-2.56	-42	-0.86	-26	-10	-27	-14	-0.33	-0.18	23
Other Financing Activities, net	-	-	-	-	-0.15	0.25	-	-	-0.18	24
Effect of Exchange Rate Changes	-0.83	1.84	-0.03	0.02	-0.62	0.31	-0.76	-0.18	0.99	-2.67
Cash Interest Paid	0.38	17	0.14	17	2.82	17	0.15	17	3.13	17
Cash Income Taxes Paid	1.02	5.90	10	8.16	2.25	5.40	0.82	3.63	27	43

This table presents Perimeter Solutions' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Total Assets	1,138	2,578	2,457	2,315	2,416
Total Current Assets	133	372	309	251	394
Cash & Equivalents	22	226	127	47	198
Accounts Receivable	29	24	27	40	56
Inventories, net	59	107	143	146	116
Prepaid Expenses	11	14	12	18	23
Plant, Property, & Equipment, net	48	62	59	59	65
Total Noncurrent Assets	957	2,144	2,089	2,005	1,958
Noncurrent Note & Lease Receivables	-	-	0.00	6.06	6.17
Goodwill	482	1,041	1,031	1,036	1,035
Intangible Assets	474	1,101	1,037	945	898
Other Noncurrent Operating Assets	1.21	2.22	20	18	18
Total Liabilities & Shareholders' Equity	1,138	2,578	2,457	2,315	2,416
Total Liabilities	847	1,497	1,318	1,163	1,259
Total Current Liabilities	33	100	74	55	62
Accounts Payable	9.87	81	41	24	30
Accrued Expenses	16	19	33	31	30
Current Deferred Revenue	0.29	0.45	-	0.00	1.84
Total Noncurrent Liabilities	814	1,396	1,244	1,108	1,197
Long-Term Debt	681	664	665	666	668
Noncurrent Deferred & Payable Income Tax Liabilities	112	297	278	253	152
Other Noncurrent Operating Liabilities	21	123	300	188	377
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	291	1,082	1,139	1,152	1,157
Total Preferred & Common Equity	291	1,082	1,139	1,152	1,157
Total Common Equity	291	1,082	1,139	1,152	1,157
Common Stock	342	1,827	1,862	1,866	1,911
Retained Earnings	-48	-739	-648	-581	-587
Treasury Stock	-	0.00	-49	-113	-128
Accumulated Other Comprehensive Income / (Loss)	-3.17	-7.14	-25	-20	-39

This table presents Perimeter Solutions' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	2,501	2,422	2,388	2,360	2,279	2,322	2,462
Total Current Assets	378	286	262	294	237	295	439
Cash & Equivalents	166	92	22	72	34	43	223
Accounts Receivable	86	25	63	72	38	96	98
Inventories, net	120	156	163	140	145	142	108
Prepaid Expenses	4.88	12	11	6.98	19	14	9.73
Plant, Property, & Equipment, net	57	59	59	58	58	59	62
Total Noncurrent Assets	2,066	2,077	2,067	2,007	1,984	1,967	1,962
Noncurrent Note & Lease Receivables	-	-	4.81	5.59	6.75	6.55	6.32
Goodwill	1,019	1,033	1,034	1,029	1,031	1,030	1,036
Intangible Assets	1,045	1,025	1,012	954	928	914	903
Other Noncurrent Operating Assets	1.88	19	16	18	17	17	16
Total Liabilities & Shareholders' Equity	2,501	2,422	2,388	2,360	2,279	2,322	2,462
Total Liabilities	1,302	1,276	1,213	1,183	1,227	1,246	1,462
Total Current Liabilities	167	71	66	64	63	82	112
Accounts Payable	42	35	39	25	22	31	38
Accrued Expenses	124	36	25	38	40	43	65
Current Deferred Revenue	1.27	-	2.65	1.17	-	7.93	8.79
Total Noncurrent Liabilities	1,135	1,205	1,146	1,119	1,165	1,165	1,350
Long-Term Debt	665	666	666	666	667	667	667
Capital Lease Obligations	-	-	-	5.04	6.20	-	6.09
Noncurrent Deferred & Payable Income Tax Liabilities	223	272	268	267	248	248	254
Other Noncurrent Operating Liabilities	112	130	213	181	244	250	423
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,199	1,146	1,175	1,177	1,052	1,075	1,000
Total Preferred & Common Equity	1,199	1,146	1,175	1,177	1,052	1,075	1,000
Total Common Equity	1,199	1,146	1,175	1,177	1,052	1,075	1,000
Common Stock	1,861	1,859	1,860	1,862	1,868	1,871	1,875
Retained Earnings	-613	-639	-587	-568	-663	-642	-731
Treasury Stock	-7.57	-50	-77	-87	-128	-128	-128
Accumulated Other Comprehensive Income / (Loss)	-42	-24	-22	-30	-25	-26	-16

This table displays calculated financial ratios and metrics derived from Perimeter Solutions' official financial filings.

Metric	2019	2020	2022	2023	2024
Growth Metrics	-	-	-	-	-
Revenue Growth	0.00%	41.90%	0.00%	-10.65%	74.16%
EBITDA Growth	0.00%	158.46%	0.00%	-26.95%	-63.98%
EBIT Growth	0.00%	1,052.69%	0.00%	-26.36%	-106.22%
NOPAT Growth	0.00%	1,334.02%	0.00%	-15.68%	-102.55%
Net Income Growth	0.00%	157.68%	0.00%	-26.45%	-108.75%
EPS Growth	0.00%	158.23%	0.00%	-21.15%	-109.76%
Operating Cash Flow Growth	0.00%	23,321.64%	0.00%	100.48%	97,510.36%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	1,410.42%
Invested Capital Growth	0.00%	0.00%	0.00%	5.61%	-8.18%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	5.98%	5.01%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	39.92%	1,295.81%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	88.14%	91.16%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	60.61%	94.91%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	231.33%	96.38%
EPS Q/Q Growth	0.00%	0.00%	0.00%	173.33%	96.43%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	102.67%	-8.01%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-92.12%	-48.14%
Invested Capital Q/Q Growth	0.00%	0.00%	-8.44%	-0.30%	12.13%
Profitability Metrics	-	-	-	-	-
Gross Margin	35.05%	47.72%	35.69%	39.83%	56.52%
EBITDA Margin	22.37%	40.74%	64.36%	52.62%	10.88%
Operating Margin	-2.41%	21.05%	36.08%	29.32%	-0.67%
EBIT Margin	-3.37%	22.60%	38.78%	31.96%	-1.14%
Profit (Net Income) Margin	-17.57%	7.14%	25.45%	20.95%	-1.05%
Tax Burden Percent	70.40%	69.82%	94.38%	109.59%	12.60%
Interest Burden Percent	741.20%	45.25%	69.54%	59.81%	732.01%
Effective Tax Rate	0.00%	30.18%	5.63%	-9.59%	0.00%
Return on Invested Capital (ROIC)	0.00%	10.44%	7.32%	6.00%	-0.16%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	2.72%	1.56%	-0.22%	-0.76%
Return on Net Nonoperating Assets (RNNOA)	0.00%	6.20%	0.74%	-0.11%	-0.36%
Return on Equity (ROE)	0.00%	16.64%	8.06%	5.89%	-0.51%
Cash Return on Invested Capital (CROIC)	0.00%	-189.56%	0.00%	0.55%	8.37%
Operating Return on Assets (OROA)	0.00%	6.74%	5.55%	4.32%	-0.27%
Return on Assets (ROA)	0.00%	2.13%	3.64%	2.83%	-0.25%
Return on Common Equity (ROCE)	0.00%	16.64%	8.06%	5.89%	-0.51%
Return on Equity Simple (ROE_SIMPLE)	0.00%	8.32%	8.06%	5.86%	-0.51%
Net Operating Profit after Tax (NOPAT)	-4.04	50	123	104	-2.64
NOPAT Margin	-1.69%	14.70%	34.05%	32.13%	-0.47%
Net Nonoperating Expense Percent (NNEP)	0.00%	7.72%	5.75%	6.22%	0.60%
Return On Investment Capital (ROIC_SIMPLE)	-	-	6.80%	5.69%	-0.14%
Cost of Revenue to Revenue	64.95%	52.28%	64.31%	60.17%	43.48%
SG&A Expenses to Revenue	16.11%	11.12%	16.73%	14.44%	11.93%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	37.47%	26.67%	-0.39%	10.51%	57.20%
Earnings before Interest and Taxes (EBIT)	-8.06	77	140	103	-6.40
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	54	138	232	169	61
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	1.26	0.61	1.61
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	3.99	2.18	3.33
Price to Earnings (P/E)	0.00	0.00	15.66	10.41	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	6.38%	9.60%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	1.18	0.75	1.44
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	5.48	4.10	4.17
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	8.52	7.80	38.30
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	14.13	12.84	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	16.10	12.77	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	6,849.87	12.41
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	140.34	16.43
Leverage & Solvency	-	-	-	-	-
Debt to Equity	0.00	2.36	0.58	0.58	0.58
Long-Term Debt to Equity	0.00	2.34	0.58	0.58	0.58
Financial Leverage	0.00	2.28	0.47	0.51	0.47
Leverage Ratio	0.00	3.91	2.27	2.08	2.05
Compound Leverage Factor	0.00	1.77	1.58	1.25	15.00
Debt to Total Capital	0.00%	70.22%	36.87%	36.64%	36.59%
Short-Term Debt to Total Capital	0.00%	0.69%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	69.54%	36.87%	36.64%	36.59%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	29.78%	63.13%	63.36%	63.41%
Debt to EBITDA	0.00	4.97	2.87	3.93	10.94
Net Debt to EBITDA	0.00	4.81	2.32	3.65	7.69
Long-Term Debt to EBITDA	0.00	4.92	2.87	3.93	10.94
Debt to NOPAT	0.00	13.77	5.42	6.44	-253.24
Net Debt to NOPAT	0.00	13.32	4.39	5.98	-177.98
Long-Term Debt to NOPAT	0.00	13.64	5.42	6.44	-253.24
Altman Z-Score	0.00	0.00	0.73	0.40	0.94
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-
Current Ratio	0.00	4.04	4.16	4.56	6.31
Quick Ratio	0.00	1.56	2.07	1.58	4.07
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-906	0.00	9.42	142
Operating Cash Flow to CapEx	-3.44%	944.72%	-466.41%	2.05%	1,212.98%
Free Cash Flow to Firm to Interest Expense	0.00	-21.57	0.00	0.23	3.52
Operating Cash Flow to Interest Expense	-0.01	1.69	-0.94	0.00	4.66
Operating Cash Flow Less CapEx to Interest Expense	-0.18	1.51	-1.15	-0.22	4.27
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.00	0.30	0.14	0.14	0.24
Accounts Receivable Turnover	0.00	11.75	14.15	9.73	11.73
Inventory Turnover	0.00	3.02	1.86	1.34	1.86
Fixed Asset Turnover	0.00	7.04	5.95	5.45	9.03
Accounts Payable Turnover	0.00	17.99	3.79	5.89	8.94
Days Sales Outstanding (DSO)	0.00	31.06	25.80	37.53	31.11
Days Inventory Outstanding (DIO)	0.00	120.86	196.68	271.77	196.06
Days Payable Outstanding (DPO)	0.00	20.29	96.40	61.95	40.81
Cash Conversion Cycle (CCC)	0.00	131.63	126.09	247.35	186.36
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	0.00	956	1,677	1,772	1,627
Invested Capital Turnover	0.00	0.71	0.21	0.19	0.33
Increase / (Decrease) in Invested Capital	0.00	956	0.00	94	-145
Enterprise Value (EV)	0.00	0.00	1,976	1,322	2,338
Market Capitalization	0.00	0.00	1,437	703	1,869
Book Value per Share	$0.00	$5.49	$7.24	$7.54	$7.91
Tangible Book Value per Share	$0.00	($12.52)	($5.91)	($5.43)	($5.30)
Total Capital	0.00	979	1,804	1,819	1,825
Total Debt	0.00	687	665	666	668
Total Long-Term Debt	0.00	681	665	666	668
Net Debt	0.00	665	539	619	469
Capital Expenditures (CapEx)	8.86	7.50	8.61	9.44	16
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	84	108	149	133
Debt-free Net Working Capital (DFNWC)	0.00	107	234	196	332
Net Working Capital (NWC)	0.00	100	234	196	332
Net Nonoperating Expense (NNE)	38	26	31	36	3.27
Net Nonoperating Obligations (NNO)	0.00	665	539	619	469
Total Depreciation and Amortization (D&A)	62	62	92	67	67
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	24.84%	29.85%	46.16%	23.72%
Debt-free Net Working Capital to Revenue	0.00%	31.46%	65.01%	60.84%	59.10%
Net Working Capital to Revenue	0.00%	29.48%	65.01%	60.84%	59.10%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.44	($0.04)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	154.67M	145.71M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.41	($0.04)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	166.45M	145.71M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	145.73M	149.66M
Normalized Net Operating Profit after Tax (NOPAT)	-4.04	50	123	95	-2.64
Normalized NOPAT Margin	-1.69%	14.70%	34.05%	29.38%	-0.47%
Pre Tax Income Margin	-24.95%	10.23%	26.97%	19.12%	-8.35%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	-0.16	1.83	3.28	2.49	-0.16
NOPAT to Interest Expense	-0.08	1.19	2.88	2.50	-0.07
EBIT Less CapEx to Interest Expense	-0.33	1.65	3.08	2.26	-0.54
NOPAT Less CapEx to Interest Expense	-0.25	1.01	2.68	2.27	-0.45
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	-29.40%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-29.40%	0.00%	53.77%	94.93%	-244.20%

This table displays calculated financial ratios and metrics derived from Perimeter Solutions' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-17.86%	0.00%	-24.07%	-24.59%	-11.12%	44.05%	34.63%	67.17%	102.17%	45.04%
EBITDA Growth	56.61%	0.00%	-54.16%	39.20%	-66.16%	125.71%	-299.47%	-22.76%	-134.17%	668.94%
EBIT Growth	66.24%	0.00%	-68.45%	185.73%	-74.39%	87.50%	-674.76%	-29.12%	-201.57%	957.24%
NOPAT Growth	94.61%	0.00%	-22.80%	344.71%	-80.28%	85.08%	-234.42%	-54.28%	-208.59%	2,936.57%
Net Income Growth	104.25%	0.00%	-74.49%	482.66%	-81.85%	78.06%	-975.39%	-58.38%	-562.44%	1,188.82%
EPS Growth	-38.78%	0.00%	-71.43%	520.00%	-80.00%	76.47%	-1,050.00%	-54.84%	-608.33%	1,350.00%
Operating Cash Flow Growth	7.53%	0.00%	55.41%	-123.90%	35.82%	246.18%	108.81%	120.89%	191.79%	-157.42%
Free Cash Flow Firm Growth	-127.17%	0.00%	102.38%	105.82%	106.77%	0.00%	165.59%	37.60%	287.21%	420.94%
Invested Capital Growth	223.76%	0.00%	-0.22%	-2.43%	-3.01%	5.61%	-8.99%	-6.58%	-18.36%	-8.18%
Revenue Q/Q Growth	58.97%	-74.29%	6.26%	73.60%	87.37%	-58.32%	-0.69%	115.56%	126.61%	-70.10%
EBITDA Q/Q Growth	159.32%	-125.93%	177.35%	167.66%	-36.96%	-80.30%	-700.11%	203.64%	-127.89%	543.20%
EBIT Q/Q Growth	492.58%	-142.13%	124.04%	375.98%	-46.89%	-120.57%	-1,005.08%	158.70%	-176.11%	273.63%
NOPAT Q/Q Growth	720.17%	-136.31%	193.20%	60.23%	-63.64%	-127.48%	-739.56%	154.49%	-186.38%	817.78%
Net Income Q/Q Growth	1,089.95%	-156.82%	115.62%	451.52%	-62.93%	-168.67%	-523.50%	126.22%	-511.86%	261.69%
EPS Q/Q Growth	1,100.00%	-156.67%	117.65%	416.67%	-61.29%	-166.67%	-612.50%	124.56%	-535.71%	263.93%
Operating Cash Flow Q/Q Growth	350.16%	-93.48%	-1,149.67%	-30.69%	251.75%	-83.37%	-73.28%	209.83%	2,019.52%	-103.27%
Free Cash Flow Firm Q/Q Growth	37.79%	100.00%	0.00%	149.99%	-27.73%	-228.84%	214.09%	29.52%	103.39%	6.79%
Invested Capital Q/Q Growth	-1.72%	-8.44%	10.71%	-2.06%	-2.31%	-0.30%	-4.59%	0.52%	-14.62%	12.13%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	54.05%	-8.30%	23.71%	38.52%	48.95%	31.52%	35.06%	57.57%	62.83%	48.58%
EBITDA Margin	92.43%	-93.20%	67.84%	104.59%	35.19%	16.63%	-100.51%	48.33%	-5.95%	88.18%
Operating Margin	81.69%	-144.78%	29.30%	83.20%	19.04%	-15.00%	-126.79%	35.37%	-12.22%	71.11%
EBIT Margin	81.52%	-133.57%	30.22%	82.87%	23.49%	-11.60%	-129.03%	35.14%	-11.80%	68.53%
Profit (Net Income) Margin	66.18%	-146.24%	21.50%	68.32%	13.52%	-22.27%	-139.82%	17.01%	-30.92%	167.19%
Tax Burden Percent	87.86%	92.67%	303.35%	98.61%	83.61%	76.39%	95.08%	63.43%	202.24%	288.75%
Interest Burden Percent	92.40%	118.14%	23.46%	83.60%	68.82%	251.44%	113.98%	76.32%	129.54%	84.49%
Effective Tax Rate	12.14%	0.00%	-203.35%	1.39%	16.39%	0.00%	0.00%	36.57%	0.00%	-188.75%
Return on Invested Capital (ROIC)	0.00%	-21.78%	16.57%	14.34%	2.68%	-1.96%	-16.88%	4.95%	-2.83%	67.79%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-25.22%	12.44%	12.82%	2.12%	-3.17%	-21.35%	3.87%	-15.12%	61.75%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-11.93%	7.78%	7.63%	1.10%	-1.60%	-13.11%	2.18%	-7.29%	29.10%
Return on Equity (ROE)	0.00%	-33.71%	24.36%	21.96%	3.78%	-3.56%	-29.99%	7.13%	-10.12%	96.90%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	5.23%	10.16%	6.63%	0.55%	9.67%	6.34%	17.00%	8.37%
Operating Return on Assets (OROA)	0.00%	-19.13%	4.24%	10.89%	2.94%	-1.57%	-18.52%	5.80%	-2.61%	16.25%
Return on Assets (ROA)	0.00%	-20.94%	3.01%	8.98%	1.69%	-3.01%	-20.07%	2.81%	-6.85%	39.64%
Return on Common Equity (ROCE)	0.00%	-33.71%	24.36%	21.96%	3.78%	-3.56%	-29.99%	7.13%	-10.12%	96.90%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	5.60%	9.13%	1.73%	0.00%	-2.33%	-5.10%	-16.33%	0.00%
Net Operating Profit after Tax (NOPAT)	115	-42	39	62	23	-6.24	-52	29	-25	177
NOPAT Margin	71.78%	-101.35%	88.89%	82.05%	15.92%	-10.50%	-88.76%	22.44%	-8.55%	205.33%
Net Nonoperating Expense Percent (NNEP)	2.04%	3.44%	4.13%	1.52%	0.56%	1.21%	4.47%	1.09%	12.29%	6.04%
Return On Investment Capital (ROIC_SIMPLE)	-	-2.32%	-	-	-	-0.34%	-	-	-	9.70%
Cost of Revenue to Revenue	45.95%	108.30%	76.29%	61.48%	51.05%	68.48%	64.94%	42.43%	37.17%	51.42%
SG&A Expenses to Revenue	9.75%	13.04%	18.28%	16.06%	8.90%	22.84%	22.80%	10.93%	6.42%	24.37%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	-27.65%	136.48%	-5.60%	-44.68%	29.91%	46.52%	161.86%	22.20%	75.05%	-22.52%
Earnings before Interest and Taxes (EBIT)	131	-55	13	63	34	-6.89	-76	45	-34	59
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	148	-38	30	80	50	9.89	-59	62	-17	76
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.09	1.26	1.12	0.82	0.60	0.61	1.08	1.06	1.95	1.61
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	3.99	3.70	3.00	2.31	2.18	3.36	2.93	3.66	3.33
Price to Earnings (P/E)	0.00	15.66	19.96	9.00	34.44	10.41	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	6.38%	5.01%	11.11%	2.90%	9.60%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.98	1.18	1.00	0.88	0.73	0.75	1.05	1.04	1.66	1.44
Enterprise Value to Revenue (EV/Rev)	0.00	5.48	5.35	5.00	4.28	4.10	5.25	4.53	4.50	4.17
Enterprise Value to EBITDA (EV/EBITDA)	0.00	8.52	9.43	7.34	10.74	7.80	22.05	28.29	0.00	38.30
Enterprise Value to EBIT (EV/EBIT)	0.00	14.13	16.71	10.58	23.77	12.84	131.07	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	16.10	19.91	11.35	20.19	12.77	375.98	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	6,849.87	51.23	20.83	11.74	12.41
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	19.07	8.60	10.88	140.34	10.33	15.79	8.76	16.43
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.55	0.58	0.58	0.57	0.57	0.58	0.64	0.62	0.67	0.58
Long-Term Debt to Equity	0.55	0.58	0.58	0.57	0.57	0.58	0.64	0.62	0.67	0.58
Financial Leverage	0.58	0.47	0.63	0.60	0.52	0.51	0.61	0.56	0.48	0.47
Leverage Ratio	2.42	2.27	2.16	2.12	2.05	2.08	2.14	2.09	2.21	2.05
Compound Leverage Factor	2.24	2.68	0.51	1.77	1.41	5.24	2.44	1.60	2.87	1.73
Debt to Total Capital	35.68%	36.87%	36.74%	36.17%	36.31%	36.64%	39.02%	38.29%	40.24%	36.59%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	35.68%	36.87%	36.74%	36.17%	36.31%	36.64%	39.02%	38.29%	40.24%	36.59%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	64.32%	63.13%	63.26%	63.83%	63.69%	63.36%	60.98%	61.71%	59.76%	63.41%
Debt to EBITDA	0.00	2.87	3.38	3.04	5.54	3.93	8.37	10.72	-131.94	10.94
Net Debt to EBITDA	0.00	2.32	2.91	2.94	4.95	3.65	7.94	10.02	-88.24	7.69
Long-Term Debt to EBITDA	0.00	2.87	3.38	3.04	5.54	3.93	8.37	10.72	-131.94	10.94
Debt to NOPAT	0.00	5.42	7.14	4.69	10.42	6.44	142.77	-82.19	-13.00	-253.24
Net Debt to NOPAT	0.00	4.39	6.16	4.54	9.30	5.98	135.48	-76.88	-8.70	-177.98
Long-Term Debt to NOPAT	0.00	5.42	7.14	4.69	10.42	6.44	142.77	-82.19	-13.00	-253.24
Altman Z-Score	0.53	0.47	0.50	0.45	0.31	0.24	0.28	0.50	0.72	1.03
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.26	4.16	4.03	3.94	4.63	4.56	3.79	3.61	3.91	6.31
Quick Ratio	1.50	2.07	1.64	1.28	2.26	1.58	1.16	1.70	2.86	4.07
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,151	0.00	43	108	78	-100	114	148	302	322
Operating Cash Flow to CapEx	2,287.76%	116.34%	-1,287.30%	-2,153.20%	2,780.58%	371.73%	179.39%	236.95%	4,721.47%	-92.68%
Free Cash Flow to Firm to Interest Expense	-115.74	0.00	4.25	10.42	7.45	-9.61	10.75	14.00	29.99	35.12
Operating Cash Flow to Interest Expense	4.64	0.30	-3.12	-3.99	6.00	1.00	0.26	0.82	18.20	-0.65
Operating Cash Flow Less CapEx to Interest Expense	4.44	0.04	-3.36	-4.18	5.79	0.73	0.12	0.47	17.81	-1.36
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.14	0.14	0.13	0.13	0.14	0.14	0.17	0.22	0.24
Accounts Receivable Turnover	0.00	14.15	11.94	4.91	3.85	9.73	10.69	4.89	6.30	11.73
Inventory Turnover	0.00	1.86	1.53	1.29	1.41	1.34	1.25	1.28	1.85	1.86
Fixed Asset Turnover	0.00	5.95	5.78	5.45	5.26	5.45	5.75	6.57	8.91	9.03
Accounts Payable Turnover	0.00	3.79	4.89	3.38	5.53	5.89	6.55	5.58	7.29	8.94
Days Sales Outstanding (DSO)	0.00	25.80	30.56	74.35	94.70	37.53	34.15	74.68	57.96	31.11
Days Inventory Outstanding (DIO)	0.00	196.68	237.95	282.73	258.42	271.77	291.92	285.24	197.16	196.06
Days Payable Outstanding (DPO)	0.00	96.40	74.59	107.88	65.98	61.95	55.71	65.45	50.04	40.81
Cash Conversion Cycle (CCC)	0.00	126.09	193.93	249.20	287.14	247.35	270.36	294.47	205.08	186.36
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,832	1,677	1,857	1,819	1,777	1,772	1,690	1,699	1,451	1,627
Invested Capital Turnover	0.00	0.21	0.19	0.17	0.17	0.19	0.19	0.22	0.33	0.33
Increase / (Decrease) in Invested Capital	1,266	0.00	-4.11	-45	-55	94	-167	-120	-326	-145
Enterprise Value (EV)	1,801	1,976	1,856	1,610	1,301	1,322	1,772	1,761	2,404	2,338
Market Capitalization	1,303	1,437	1,282	966	702	703	1,134	1,137	1,953	1,869
Book Value per Share	$7.37	$7.24	$7.22	$7.48	$7.62	$7.54	$7.24	$7.40	$6.89	$7.91
Tangible Book Value per Share	($5.32)	($5.91)	($5.75)	($5.54)	($5.22)	($5.43)	($6.25)	($5.98)	($6.47)	($5.30)
Total Capital	1,864	1,804	1,812	1,841	1,849	1,819	1,725	1,742	1,674	1,825
Total Debt	665	665	666	666	671	666	673	667	674	668
Total Long-Term Debt	665	665	666	666	671	666	673	667	674	668
Net Debt	499	539	574	644	599	619	639	624	450	469
Capital Expenditures (CapEx)	2.02	2.59	2.46	1.92	2.26	2.81	1.55	3.64	3.88	6.46
Debt-free, Cash-free Net Working Capital (DFCFNWC)	44	108	123	173	159	149	140	170	104	133
Debt-free Net Working Capital (DFNWC)	210	234	215	196	231	196	174	213	327	332
Net Working Capital (NWC)	210	234	215	196	231	196	174	213	327	332
Net Nonoperating Expense (NNE)	8.98	19	30	10	3.43	7.00	30	6.91	64	33
Net Nonoperating Obligations (NNO)	633	539	711	644	599	619	639	624	450	469
Total Depreciation and Amortization (D&A)	18	17	16	17	17	17	17	17	17	17
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	29.85%	35.54%	53.91%	52.33%	46.16%	41.48%	43.84%	19.39%	23.72%
Debt-free Net Working Capital to Revenue	0.00%	65.01%	62.02%	60.78%	75.95%	60.84%	51.67%	54.96%	61.15%	59.10%
Net Working Capital to Revenue	0.00%	65.01%	62.02%	60.78%	75.95%	60.84%	51.67%	54.96%	61.15%	59.10%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.48	($0.36)	$0.06	$0.33	$0.13	($0.08)	($0.57)	$0.15	($0.61)	$0.99
Adjusted Weighted Average Basic Shares Outstanding	162.64M	160.94M	157.70M	156.53M	153.69M	154.67M	145.33M	145.24M	145.22M	145.71M
Adjusted Diluted Earnings per Share	$0.45	($0.34)	$0.06	$0.31	$0.12	($0.08)	($0.57)	$0.14	($0.61)	$1.00
Adjusted Weighted Average Diluted Shares Outstanding	176.78M	175.08M	169.49M	168.31M	165.48M	166.45M	145.33M	154.66M	145.22M	145.71M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	157.26M	158.63M	157.03M	154.52M	152.78M	145.73M	145.24M	145.22M	146.23M	149.66M
Normalized Net Operating Profit after Tax (NOPAT)	115	-42	9.00	62	57	-6.24	-52	29	-25	43
Normalized NOPAT Margin	71.78%	-101.35%	20.51%	82.05%	39.80%	-10.50%	-88.76%	22.44%	-8.55%	49.78%
Pre Tax Income Margin	75.33%	-157.81%	7.09%	69.28%	16.17%	-29.15%	-147.06%	26.82%	-15.29%	57.90%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	13.16	-5.51	1.31	6.10	3.21	-0.66	-7.15	4.22	-3.39	6.45
NOPAT to Interest Expense	11.59	-4.18	3.84	6.04	2.17	-0.60	-4.92	2.70	-2.45	19.31
EBIT Less CapEx to Interest Expense	12.96	-5.77	1.06	5.91	2.99	-0.93	-7.30	3.88	-3.77	5.74
NOPAT Less CapEx to Interest Expense	11.38	-4.44	3.60	5.85	1.96	-0.87	-5.07	2.35	-2.84	18.61
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	53.77%	78.17%	66.67%	387.94%	94.93%	-316.21%	-93.45%	-25.25%	-244.20%

Frequently Asked Questions About Perimeter Solutions' Financials

When does Perimeter Solutions's financial year end?

According to the most recent income statement we have on file, Perimeter Solutions' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Perimeter Solutions' net income changed over the last 4 years?

Perimeter Solutions' net income appears to be on an upward trend, with a most recent value of -$5.91 million in 2024, falling from -$42.04 million in 2019. The previous period was $67.49 million in 2023.

What is Perimeter Solutions's operating income?

Perimeter Solutions's total operating income in 2024 was -$3.77 million, based on the following breakdown:

Total Gross Profit: $317.09 million
Total Operating Expenses: $320.85 million

How has Perimeter Solutions revenue changed over the last 4 years?

Over the last 4 years, Perimeter Solutions' total revenue changed from $239.31 million in 2019 to $560.97 million in 2024, a change of 134.4%.

How much debt does Perimeter Solutions have?

Perimeter Solutions' total liabilities were at $1.26 billion at the end of 2024, a 8.3% increase from 2023, and a 48.7% increase since 2020.

How much cash does Perimeter Solutions have?

In the past 4 years, Perimeter Solutions' cash and equivalents has ranged from $22.48 million in 2020 to $225.55 million in 2021, and is currently $198.46 million as of their latest financial filing in 2024.

How has Perimeter Solutions' book value per share changed over the last 4 years?

Over the last 4 years, Perimeter Solutions' book value per share changed from 0.00 in 2019 to 7.91 in 2024, a change of 791.4%.

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This page (NYSE:PRM) was last updated on 4/16/2025 by MarketBeat.com Staff

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Perimeter Solutions (PRM) Financials

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Perimeter Solutions (PRM) Financials

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