NYSE : PRM
Perimeter Solutions, Inc. — Financial statements
Materials · Specialty Chemicals · United States
Last price 28.52 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 4.67B
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Financial statements
Perimeter Solutions, Inc. (PRM) reported revenue of 757.07M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 757.07M | 652.86M | 560.97M | 322.11M | 360.50M | 362.34M |
| Cost of Revenue | 342.92M | 277.71M | 243.88M | 193.81M | 231.85M | 189.72M |
| Gross Profit | 414.16M | 375.15M | 317.09M | 128.29M | 128.65M | 172.62M |
| Selling, General & Admin | 704.13M | 512.74M | 265.21M | -61.97M | -56.98M | 708.95M |
| Amortization of Goodwill & Intangibles | 77.62M | 59.70M | 55.03M | 55.06M | 55.10M | 53.43M |
| Other Operating Expenses | 5.15M | 3.65M | 612.00K | 10.00K | 465.00K | 1.15M |
| Operating Expenses | 786.90M | 576.08M | 320.85M | -6.89M | -1.41M | 763.53M |
| Operating Income | -372.74M | -200.93M | -3.77M | 135.19M | 130.06M | -590.91M |
| Interest Expense | -63.51M | -39.13M | -40.46M | -41.38M | -42.59M | -45.44M |
| Currency Exchange Gain (Loss) | 2.34M | 3.04M | -2.44M | 1.66M | -3.46M | -5.03M |
| Other Non Operating Income (Expenses) | 1.05M | 780.00K | -192.00K | -417.00K | 503.00K | 224.00K |
| EBT Excluding Unusual Items | -432.87M | -236.25M | -46.86M | 95.05M | 84.52M | -641.16M |
| Merger & Restructuring Charges | -10.30M | -9.22M | ||||
| Asset Writedown | -40.74M | |||||
| Other Unusual Items | 7.27M | 12.71M | -3.16M | |||
| Pretax Income | -443.17M | -236.25M | -46.86M | 61.58M | 97.23M | -653.54M |
| Income Tax Expense | -103.58M | -29.88M | -40.96M | -5.90M | 5.47M | 7.98M |
| Net Income | -339.59M | -206.37M | -5.91M | 67.49M | 91.76M | -661.52M |
| Net Income to Common | -339.59M | -206.37M | -5.91M | 67.49M | 91.76M | -661.52M |
| Shares Outstanding (Basic) | 155.81M | 150.37M | 145.71M | 154.67M | 160.94M | 68.16M |
| Shares Outstanding (Diluted) | 155.81M | 150.37M | 145.71M | 166.45M | 175.08M | 68.16M |
| EPS (Basic) | -2.18 | -1.37 | -0.04 | 0.44 | 0.57 | -9.70 |
| EPS (Diluted) | -2.19 | -1.37 | -0.04 | 0.41 | 0.52 | -9.70 |
| Free Cash Flow | 97.10M | 208.56M | 172.86M | -9.24M | -48.78M | 62.60M |
| Free Cash Flow Per Share | 0.62 | 1.39 | 1.19 | -0.06 | -0.28 | 0.92 |
| Gross Margin | 54.71% | 57.46% | 56.53% | 39.83% | 35.69% | 47.64% |
| Operating Margin | -49.23% | -30.78% | -0.67% | 41.97% | 36.08% | -163.08% |
| Profit Margin | -44.86% | -31.61% | -1.05% | 20.95% | 25.45% | -182.57% |
| Free Cash Flow Margin | 12.83% | 31.95% | 30.81% | -2.87% | -13.53% | 17.28% |
| EBITDA | -277.48M | -126.90M | 61.95M | 200.04M | 195.86M | -529.53M |
| EBITDA Margin | -36.65% | -19.44% | 11.04% | 62.10% | 54.33% | -146.14% |
| D&A For EBITDA | 95.26M | 74.03M | 65.72M | 64.86M | 65.80M | 61.38M |
| EBIT | -372.74M | -200.93M | -3.77M | 135.19M | 130.06M | -590.91M |
| EBIT Margin | -49.23% | -30.78% | -0.67% | 41.97% | 36.08% | -163.08% |
| Effective Tax Rate | 5.62% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 82.78M | 325.93M | 198.46M | 47.28M | 126.75M | 225.55M |
| Short-Term Investments | 5.52M | |||||
| Cash & Short-Term Investments | 82.78M | 325.93M | 198.46M | 52.80M | 126.75M | 225.55M |
| Accounts Receivable | 158.09M | 64.36M | 56.05M | 39.59M | 26.65M | 24.32M |
| Other Receivables | 12.89M | 22.88M | 11.09M | 1.71M | 214.00K | 816.00K |
| Receivables | 170.99M | 87.24M | 67.14M | 41.31M | 26.86M | 25.14M |
| Inventory | 203.26M | 139.63M | 116.35M | 145.65M | 142.96M | 106.91M |
| Prepaid Expenses | 2.37M | 4.94M | 3.67M | 5.57M | 5.87M | 8.44M |
| Other Current Assets | 36.99M | 6.24M | 8.41M | 5.69M | 6.08M | 5.72M |
| Total Current Assets | 496.39M | 563.97M | 394.02M | 251.01M | 308.52M | 371.76M |
| Property, Plant & Equipment | 155.79M | 121.00M | 88.25M | 81.81M | 77.43M | 62.25M |
| Goodwill | 1.37B | 1.07B | 1.03B | 1.04B | 1.03B | 1.04B |
| Other Intangible Assets | 1.22B | 899.32M | 898.42M | 945.01M | 1.04B | 1.10B |
| Other Long-Term Assets | 3.32M | 3.50M | 1.16M | 1.32M | 1.77M | 2.22M |
| Total Assets | 3.24B | 2.65B | 2.42B | 2.32B | 2.46B | 2.58B |
| Accounts Payable | 44.97M | 30.30M | 23.52M | 21.64M | 36.79M | 27.47M |
| Accrued Expenses | 219.97M | 119.70M | 26.79M | 20.12M | 21.14M | 70.04M |
| Current Portion of Leases | 7.54M | 4.42M | 3.41M | 2.75M | 3.54M | |
| Current Income Taxes Payable | 1.58M | 9.37M | 3.19M | 7.10M | 11.00M | 355.00K |
| Current Unearned Revenue | 26.41M | 1.88M | 1.84M | 445.00K | ||
| Other Current Liabilities | 15.93M | 9.45M | 3.74M | 3.45M | 1.68M | 2.18M |
| Total Current Liabilities | 316.40M | 175.12M | 62.49M | 55.05M | 74.15M | 100.49M |
| Long-Term Debt | 1.33B | 786.32M | 780.57M | 775.06M | 769.77M | 764.69M |
| Long-Term Leases | 41.74M | 33.55M | 21.55M | 20.45M | 15.48M | |
| Long-Term Deferred Tax Liabilities | 78.00M | 80.41M | 152.20M | 253.45M | 278.27M | 297.15M |
| Other Long-Term Liabilities | 457.28M | 444.29M | 242.31M | 59.11M | 180.04M | 334.44M |
| Total Liabilities | 2.22B | 1.52B | 1.26B | 1.16B | 1.32B | 1.50B |
| Common Stock | 19.00K | 17.00K | 17.00K | 165.07M | 163.24M | 157.24M |
| Additional Paid-In Capital | 2.11B | 2.10B | 1.91B | 1.70B | 1.70B | 1.67B |
| Retained Earnings | -901.79M | -793.09M | -586.72M | -580.82M | -648.30M | -738.52M |
| Treasury Stock | -168.20M | -168.20M | -127.83M | -113.41M | -49.34M | |
| Comprehensive Income & Other | -22.07M | -6.37M | -39.23M | -19.71M | -25.47M | -7.13M |
| Shareholders' Equity | 1.02B | 1.13B | 1.16B | 1.15B | 1.14B | 1.08B |
| Total Liabilities & Equity | 3.24B | 2.65B | 2.42B | 2.32B | 2.46B | 2.58B |
| Total Debt | 1.38B | 824.29M | 805.53M | 798.26M | 788.79M | 764.69M |
| Net Cash (Debt) | -1.30B | -498.36M | -607.08M | -745.46M | -662.04M | -539.14M |
| Net Cash Per Share | -8.32 | -3.31 | -4.17 | -4.48 | -3.78 | -7.91 |
| Filing Date Shares Outstanding | 163.69M | 149.44M | 149.66M | 145.73M | 158.63M | 163.23M |
| Total Common Shares Outstanding | 163.69M | 149.44M | 147.82M | 146.45M | 156.80M | 157.24M |
| Working Capital | 179.99M | 388.86M | 331.54M | 195.96M | 234.37M | 271.27M |
| Book Value Per Share | 6.24 | 7.58 | 7.83 | 7.87 | 7.26 | 6.88 |
| Tangible Book Value | -1.57B | -831.22M | -775.69M | -828.99M | -930.00M | -1.06B |
| Tangible Book Value Per Share | -9.58 | -5.56 | -5.25 | -5.66 | -5.93 | -6.74 |
| Buildings | 4.92M | 4.55M | 3.91M | 3.99M | 3.95M | 4.02M |
| Machinery | 126.71M | 107.13M | 79.31M | 67.83M | 62.76M | 55.31M |
| Construction In Progress | 20.09M | 10.29M | 9.72M | 4.70M | 1.95M | 1.98M |
| Leasehold Improvements | 7.41M | 4.67M | 2.98M | 2.74M | 2.33M | 2.30M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -339.59M | -206.37M | -5.91M | 67.49M | 91.76M | -661.52M |
| Depreciation & Amortization | 95.26M | 74.03M | 65.72M | 64.86M | 65.80M | 61.38M |
| Other Amortization | 2.36M | 1.91M | 1.73M | 1.66M | 1.60M | 14.82M |
| Loss (Gain) From Sale of Assets | 160.00K | 149.00K | 66.00K | 139.00K | 9.00K | |
| Asset Writedown & Restructuring Costs | 40.74M | |||||
| Stock-Based Compensation | 17.23M | 16.65M | 12.85M | 1.60M | 14.65M | 292.18M |
| Other Operating Activities | 486.97M | 372.17M | 113.32M | -131.19M | -106.82M | 1.86M |
| Change in Accounts Receivable | -12.95M | -6.95M | -13.29M | -14.44M | -6.19M | -895.00K |
| Change in Inventory | -2.00K | -5.98M | 29.87M | -2.04M | -61.93M | -23.46M |
| Change in Accounts Payable | 1.51M | 6.23M | -754.00K | -15.34M | 9.70M | 18.30M |
| Change in Unearned Revenue | 4.97M | 37.00K | 1.84M | -383.00K | 183.00K | |
| Change in Income Taxes | -10.93M | -5.68M | -13.30M | -3.50M | 8.92M | 9.85M |
| Change in Other Net Operating Assets | -117.36M | -8.04M | -3.76M | -9.79M | -57.27M | 359.65M |
| Operating Cash Flow | 127.64M | 238.15M | 188.39M | 193.00K | -40.17M | 72.35M |
| Capital Expenditures | -30.54M | -29.59M | -15.53M | -9.44M | -8.61M | -9.75M |
| Cash Acquisitions | -734.29M | -62.00M | -32.79M | -1.64M | -1.22B | |
| Sale (Purchase) of Intangibles | -15.23M | |||||
| Investment in Securities | 5.38M | -5.46M | ||||
| Investing Cash Flow | -764.83M | -106.82M | -42.94M | -14.89M | -10.25M | -1.23B |
| Short-Term Debt Issued | 59.50M | |||||
| Total Debt Issued | 550.00M | 59.50M | ||||
| Short-Term Debt Repaid | -59.50M | |||||
| Long-Term Debt Repaid | -875.00K | -740.00K | -387.00K | -701.18M | ||
| Total Debt Repaid | -772.00K | -875.00K | -740.00K | -387.00K | -760.68M | |
| Net Debt Issued (Repaid) | 549.23M | -875.00K | -740.00K | -387.00K | -701.18M | |
| Issuance of Common Stock | 41.81M | 34.45M | 23.51M | 529.00K | 2.00M | |
| Repurchase of Common Stock | -40.37M | -14.42M | -64.07M | -49.34M | -60.00M | |
| Other Financing Activities | -12.24M | -2.18M | -2.25M | |||
| Financing Cash Flow | 578.80M | -8.97M | 8.35M | -64.45M | -48.81M | -761.43M |
| Foreign Exchange Rate Adjustments | 511.00K | 5.11M | -2.62M | -320.00K | 431.00K | -303.00K |
| Net Cash Flow | -57.88M | 127.47M | 151.18M | -79.47M | -98.80M | -1.92B |
| Free Cash Flow | 97.10M | 208.56M | 172.86M | -9.24M | -48.78M | 62.60M |
| Free Cash Flow Margin | 12.83% | 31.95% | 30.81% | -2.87% | -13.53% | 17.28% |
| Free Cash Flow Per Share | 0.62 | 1.39 | 1.19 | -0.06 | -0.28 | 0.92 |
| Levered Free Cash Flow | 59.91M | -33.13M | 46.55M | 82.56M | 62.67M | -472.50K |
| Unlevered Free Cash Flow | 97.24M | -10.57M | 70.11M | 106.75M | 87.68M | 13.11M |
| Cash Interest Paid | 36.62M | 36.74M | 37.32M | 37.01M | 35.49M | 24.73M |
| Cash Income Tax Paid | 41.65M | 48.85M | 74.56M | 25.96M | 13.49M | 11.61M |
| Change in Working Capital | -134.75M | -20.39M | 609.00K | -45.10M | -107.16M | 363.63M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.59B | 4.07B | 1.87B | 702.81M | 1.44B | 2.18B |
| Enterprise Value | 5.89B | 4.56B | 2.45B | 1.43B | 2.04B | 2.83B |
| Last Close Price | 28.06 | 27.53 | 12.78 | 4.60 | 9.14 | 13.89 |
| PE Ratio | 10.41 | 15.66 | ||||
| Forward PE | 16.61 | 22.38 | 21.61 | 23.00 | 38.42 | |
| PS Ratio | 6.22 | 6.24 | 3.33 | 2.18 | 3.99 | 6.02 |
| PB Ratio | 4.50 | 3.59 | 1.61 | 0.61 | 1.26 | 2.02 |
| P/FCF Ratio | 48.48 | 19.53 | 10.81 | 34.87 | ||
| P/OCF Ratio | 36.88 | 17.10 | 9.92 | 3,641.49 | 30.17 | |
| EV/Sales Ratio | 7.93 | 6.98 | 4.36 | 4.43 | 5.66 | 7.80 |
| EV/EBITDA Ratio | 39.51 | 7.14 | 10.41 | |||
| EV/EBIT Ratio | 10.56 | 15.68 | ||||
| EV/FCF Ratio | 61.83 | 21.84 | 14.16 | 45.18 | ||
| Debt / Equity Ratio | 1.35 | 0.73 | 0.70 | 0.69 | 0.69 | 0.71 |
| Debt / EBITDA Ratio | 12.31 | 3.90 | 3.92 | |||
| Debt / FCF Ratio | 14.20 | 3.95 | 4.66 | 12.22 | ||
| Net Debt / Equity Ratio | 1.27 | 0.44 | 0.53 | 0.65 | 0.58 | 0.50 |
| Net Debt / EBITDA Ratio | -4.67 | -3.93 | 9.80 | 3.73 | 3.38 | -1.02 |
| Net Debt / FCF Ratio | 13.35 | 2.39 | 3.51 | -80.66 | -13.57 | 8.61 |
| Asset Turnover | 0.26 | 0.26 | 0.24 | 0.14 | 0.14 | 0.20 |
| Inventory Turnover | 1.94 | 2.17 | 1.86 | 1.34 | 1.86 | 2.29 |
| Quick Ratio | 0.80 | 2.36 | 4.25 | 1.71 | 2.07 | 2.50 |
| Current Ratio | 1.57 | 3.22 | 6.31 | 4.56 | 4.16 | 3.70 |
| Return on Equity (ROE) | -30.87% | -18.02% | -0.51% | 5.89% | 8.27% | -96.36% |
| Return on Assets (ROA) | -8.13% | -4.95% | -0.10% | 3.54% | 3.23% | -19.87% |
| Return on Invested Capital (ROIC) | -15.52% | -11.83% | -0.21% | 7.31% | 7.17% | -45.86% |
| Return on Capital Employed (ROCE) | -12.70% | -8.10% | -0.20% | 6.00% | 5.50% | -23.80% |
| Earnings Yield | -7.79% | -5.07% | -0.32% | 9.60% | 6.38% | -30.31% |
| FCF Yield | 2.06% | 5.12% | 9.25% | -1.31% | -3.39% | 2.87% |
| Buyback Yield / Dilution | -3.12% | -3.20% | 12.46% | 4.93% | -156.85% | -28.50% |