PRMB Q1 2024 Earnings — Primo Brands Corporation Revenue & Financial Results | Market Cap Arena

PRMBPrimo Brands Corporation

$8B

Q1 2024 Earnings

Consumer Defensive Beverages - Non-Alcoholic

Income Statement

Revenue

$1.1B+175.3% YoY

Gross Profit

$346M30.4% margin

Operating Income

$131M11.5% margin

Net Income

$34M2.9% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

-$18M

Stock-Based Comp.

$300,000

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.1B

Stockholders' Equity

$1.4B

Cash & Equivalents

$498M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$413M	+175.3%
Gross Profit	$346M	$259M	+33.4%
Operating Income	$131M	$24M	+435.2%
Net Income	$34M	$6M	+477.6%