PRMB Q3 2023 Earnings — Primo Brands Corporation Revenue & Financial Results | Market Cap Arena

PRMBPrimo Brands Corporation

$8B

Q3 2023 Earnings

Consumer Defensive Beverages - Non-Alcoholic

Income Statement

Revenue

$470M-19.6% YoY

Gross Profit

$303M64.5% margin

Operating Income

$59M12.4% margin

Net Income

$33M7.1% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$149M

Free Cash Flow

$114M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$2.3B

Stockholders' Equity

$1.3B

Cash & Equivalents

$98M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$470M	$585M	-19.6%
Gross Profit	$303M	$348M	-12.9%
Operating Income	$59M	$51M	+14.9%
Net Income	$33M	$1M	+2469.2%