Primerica Historical Income Statement
PRI Stock | USD 302.75 1.52 0.50% |
Historical analysis of Primerica income statement accounts such as Total Revenue of 2.1 B, Gross Profit of 1.9 B, Other Operating Expenses of 658.3 M or Operating Income of 1.9 B can show how well Primerica performed in making a profits. Evaluating Primerica income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Primerica's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Primerica latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Primerica is a good buy for the upcoming year.
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About Primerica Income Statement Analysis
Primerica Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Primerica shareholders. The income statement also shows Primerica investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Primerica Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Primerica minus its cost of goods sold. It is profit before Primerica operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Primerica. It is also known as Primerica overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most accounts from Primerica's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Primerica current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primerica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.As of now, Primerica's EBITDA is increasing as compared to previous years. The Primerica's current Cost Of Revenue is estimated to increase to about 359.3 M, while Depreciation And Amortization is projected to decrease to under 17.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.4B | 2.4B | 2.5B | 1.9B | Total Revenue | 2.7B | 2.7B | 2.8B | 2.1B |
Primerica income statement Correlations
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Primerica Account Relationship Matchups
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Primerica income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 18.3M | 17.7M | 29.8M | 34.2M | 32.0M | 17.7M | |
Interest Expense | 28.8M | 28.8M | 30.6M | 27.2M | 26.6M | 26.7M | |
Selling General Administrative | 178.8M | 188.1M | 202.6M | 235.4M | 235.5M | 222.2M | |
Selling And Marketing Expenses | 357.2M | 376.6M | 522.3M | 462.8M | 457.4M | 340.8M | |
Total Revenue | 2.1B | 2.2B | 2.7B | 2.7B | 2.8B | 2.1B | |
Gross Profit | 1.8B | 2.0B | 2.4B | 2.4B | 2.5B | 1.9B | |
Other Operating Expenses | 1.6B | 1.7B | 2.2B | 2.2B | 692.9M | 658.3M | |
Operating Income | 421.6M | 445.7M | 438.0M | 526.0M | 1.8B | 1.9B | |
Ebit | 421.6M | 535.6M | 674.1M | 647.2M | 2.6B | 2.7B | |
Ebitda | 439.9M | 553.3M | 704.0M | 681.4M | 2.6B | 2.7B | |
Cost Of Revenue | 237.1M | 245.2M | 296.9M | 320.4M | 336.6M | 359.3M | |
Total Operating Expenses | (1.6B) | (1.8B) | (2.3B) | 320.4M | 692.9M | 727.5M | |
Income Before Tax | 477.1M | 506.7M | 511.2M | 493.7M | 751.7M | 495.6M | |
Total Other Income Expense Net | 55.5M | (1.2B) | (260.8M) | (1.5B) | (1.0B) | (982.7M) | |
Net Income Applicable To Common Shares | 366.4M | 386.2M | 371.8M | 371.3M | 427.0M | 329.3M | |
Net Income | 366.4M | 386.2M | 373.4M | 373.0M | 576.6M | 347.4M | |
Income Tax Expense | 110.7M | 120.6M | 139.2M | 125.8M | 175.1M | 108.2M | |
Net Income From Continuing Ops | 366.4M | 386.2M | 372.0M | 368.0M | 472.3M | 316.6M | |
Tax Provision | 110.7M | 120.6M | 139.2M | 125.8M | 142.6M | 119.7M | |
Interest Income | 28.8M | 28.8M | 30.6M | 27.2M | 65.7M | 36.7M | |
Net Interest Income | (77.1M) | (28.8M) | (30.6M) | (27.2M) | (26.8M) | (28.1M) | |
Reconciled Depreciation | 18.3M | 17.7M | 29.8M | 34.2M | 33.3M | 25.0M |
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When determining whether Primerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Primerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Primerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Primerica Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primerica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primerica. If investors know Primerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.143 | Dividend Share 3.3 | Earnings Share 19.93 | Revenue Per Share 90.798 | Quarterly Revenue Growth 0.107 |
The market value of Primerica is measured differently than its book value, which is the value of Primerica that is recorded on the company's balance sheet. Investors also form their own opinion of Primerica's value that differs from its market value or its book value, called intrinsic value, which is Primerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primerica's market value can be influenced by many factors that don't directly affect Primerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.