PRMB Q2 2024 Earnings — Primo Brands Corporation Revenue & Financial Results | Market Cap Arena

PRMBPrimo Brands Corporation

$8B

Q2 2024 Earnings

Consumer Defensive Beverages - Non-Alcoholic

Income Statement

Revenue

$1.3B+191.7% YoY

Gross Profit

$430M32.7% margin

Operating Income

$172M13.1% margin

Net Income

$55M4.1% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+15.7%

Cash Flow

Operating Cash Flow

$97M

Free Cash Flow

$56M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

$603M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$451M	+191.7%
Gross Profit	$430M	$291M	+47.8%
Operating Income	$172M	$44M	+289.6%
Net Income	$55M	$21M	+155.9%