Primerica Inc is a provider of financial services to middle-income households in the United States and Canada. The company offers life insurance, mutual funds, annuities, and other financial products, distributed on behalf of third parties.
It is a $8.47B financial services company. Revenue grew 9.2% over the last year, and it keeps 23¢ of every dollar of sales as profit. It trades at 10.6× earnings — near the lowest of its own history.
- Website
- primerica.com
- Location
- Duluth, GA
- Employees
- 2 833
- Sector
- Financial Services
- Founded
- 1977
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation and profitability; Health and Moat lag behind.
Valuation95
- P/E vs own history1th pct · 25/25
- FCF yield10.5% · 25/25
- P/S2.5x · 20/25
- EV/EBITDA8.9x · 25/25
Growth51
- Revenue CAGR5.0% · 6/25
- Net income CAGR19.1% · 20/25
- EPS CAGR ~5Y19.1% · 20/25
- Fwd implied growth2.3% · 5/25
Profitability95
- ROIC20.9% · 20/25
- ROE32.5% · 25/25
- Net margin23.2% · 25/25
- Operating margin30.6% · 25/25
Health48
- Altman Z0.48 · 3/25
- Current ratio0.04 · 0/25
- Interest coverage41.7x · 25/25
- Net cash / debtD/A 8% · 20/25
Quality62
- Piotroski F7/9 · 22/25
- Beneish M-2.43 · 20/25
- FCF conversionn/a · 0/25
- Margin stabilityσ 5.1% · 20/25
Moat45
- ROIC >12% years8/10 yrs · 20/25
- Median gross marginn/a · 0/25
- FCF-positive yearsn/a · 0/25
- Worst-year net marginworst 13.7% · 25/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialBest year on record$751M net income
- 2021AcquisitionPrimerica acquired e-Telequote in July 2021
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$1.52B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
- 2002MilestonePrimerica and its affiliates continued to operate as subsidiaries of Citigroup, although the Travelers insurance…
- 1993AcquisitionPrimerica fully acquired Travelers Insurance Corporation and adopted the name Travelers Inc
- 1988AcquisitionSanford Weill's Commercial Credit acquired Primerica Corporation for $1.54 billion, retaining the…
- 1987MilestoneAmerican Can changed its name to Primerica Corporation
- 1986AcquisitionTriangle Industries bought American Can's packaging division and the rights to the company's name
- 1983IPOThe company became listed on the NASDAQ exchange under the same symbol
- 1983AcquisitionPennCorp finalized a merger agreement with American Can Company in 1983
- 1977FoundedWilliams (founded in 1977) entered into a contract with Boston-based Massachusetts Indemnity and Life Insurance…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Strongly profitable — 23.2% net margin
- Strong cash conversion — FCF is 26.0% of revenue
- Interest covered 41.7× by operating earnings
- High returns on invested capital (ROIC 20.9%)
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
- Altman Z-Score 0.48 — elevated financial-distress risk
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+9.2% YoY
- Profitable — makes more than it spends$796M TTM
- Profit growing — earnings are higher than last year+22.9% YoY
- Generates cash — cash left after running and investing$892M TTM
- Debt under control — could handle its obligations~1.3y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$8.47B market cap
- Not printing shares — share count not ballooning — you keep your slice-18.7% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 0.5 — distress
- Pays a dividend — returns cash to shareholdersyield 1.68%
- Valuation not extreme — price not wildly above earningsP/E 10.6
Peer comparisonPrimerica, Inc. vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| PRI this company | $8.5B | 10.6 | +9.2% | 23.2% | Mixed |
| BRK.A Berkshire Hathaway Inc. | $1.1T | 11.6 | +3.9% | 22.3% | Mixed |
| BRK.B Berkshire Hathaway | $1.1T | 11.6 | +0.0% | 18.0% | Strong |
| JPM JPMorgan Chase & Co. | $886.2B | 13.6 | +13.5% | 32.6% | Strained |
| V VISA Inc. | $723.9B | 31.9 | +14.4% | 50.8% | Solid |
| MA Mastercard Incorporated | $516.4B | 31.7 | +16.0% | 46.3% | Mixed |
| BAC Bank of America Corporation | $380.4B | 11.3 | +15.9% | 27.8% | Mixed |
Head-to-head: PRI vs BRK.A · PRI vs BRK.B · PRI vs JPM
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/PRI
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Deeper analysis of PRI on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $275.29 · market cap $8.47B.