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Primo Brands Corporation
🏹 Trader: 🎯 Near 52W High 💎 VCP Breakout View all →
$8.6B
Market Cap
102.2
P/E
0.75
PEG
2.8%
ROCE
2.5%
ROE
1.86
D/E
6.5%
OPM
-7.6%
% from 52W High
49
α RS
🔍 PRMB is showing a high-conviction setup because it matches 3 of 37 tracked screener presets, Sector RRG has Consumer Staples in the Leading quadrant with the trail still strengthening, and an ECS of 55 last quarter. Net: Broad signal stack, not a recommendation. ? Conviction RRG ECS
Sources
Conviction 3/37 · Consumer Staples in Leading quadrant · ECS 55
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🌏 Global Investor Returns
Currency-adjusted total returns for PRMB including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Primo Brands Corporation operates as a branded beverage company in North America.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding PRMB
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Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 8.37M $157.6M 0.20% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
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🎙 Management Tone Confident Specific ↑ Improving 4 quarters Full tone analysis in Intelligence →
📊 MIXED Primo Brands returns to growth with 1.7% revenue increase in Q1 2026, raises full-year guidance.
Revenue & Profitability
For Q1 2026, comparable net sales were $1.63 billion, up 1.7% (1.3% price/mix, 0.4% volume). Comparable adjusted EBITDA was $306 million, down 10.4% from $341.5 million in prior year, with margin of 18.8% (down 260 bps). Full-year 2026 guidance: comparable organic net sales growth 1%-3% (raised from flat-1%), adjusted EBITDA range $1.465 billion to $1.515 billion, midpoint margin 22.0%.
Outlook
Management highlighted strong tailwinds from health and wellness and hydration trends. The bottled water category is highly penetrated, frequently purchased, and among the fastest-growing within liquid refreshment beverages. However, the macro environment presents headwinds from geopolitical events and oil-related commodity inflation, which the company aims to mitigate through hedging, pricing, and productivity.
Growth Drivers
Key growth drivers include retail expansion (gaining share in branded bottled water across mass, club, and away-from-home channels), premium brand momentum (Saratoga and Mountain Valley combined grew 43% in Q1), brand building (MLB partnership, Disney/Toy Story 5 promotion), improving direct delivery service levels (OTIF over 90% in March, nearing net breakeven), and revenue growth management. E-commerce expansion (Amazon Grocery for regional spring waters) is also a new growth vector.
Balance Sheet & CapEx
Total capital expenditures in Q1 were $118.1 million, of which $47.2 million were integration-related. Full-year capex is expected to be approximately 4% of net sales, plus about $100 million in integration capital expenditures. Investments are focused on growth initiatives and maintenance, including new warehouse management system, capacity additions for Saratoga (Texas facility operational in May) and Mountain Valley (greenfield facility mid-summer), and enhancements to the digital customer experience.
Margins
Q1 comparable adjusted EBITDA margin was 18.8%, down 260 bps year-over-year due to investments in direct delivery service levels, winter storm costs, and higher freight/logistics costs. Management expects margins to improve in the second half as direct delivery costs normalize under the improved operating model. Full-year guidance implies adjusted EBITDA margin midpoint of 22.0%, up 20 bps versus prior year (but 50 bps lower than previous guidance due to commodity headwinds).
Key Risks
Key risks highlighted include: geopolitical volatility leading to oil-related commodity inflation (plastic resins, diesel, propane); potential impact on margins and the need for pricing or productivity actions; severe weather disruptions (winter storms in Q1); and the execution risk of continuing to improve direct delivery service levels while realigning costs. The company noted that oil futures for 2027 are significantly below current spot levels, providing some visibility.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-05
Second quarter net sales grew 4.2% year-over-year to $1.8 billion, with broad-based gains across retail and direct delivery. Adjusted EBITDA rose 5% to $385 million, and guidance for 2026 net sales growth was raised to 2%-4%. Premium brands and operational improvements drove momentum.
Q1 2026 Q1 2026 2026-05-07
Net sales grew 1.7% year-over-year to $1.63 billion, led by retail and premium brands, while direct delivery improved sequentially. Adjusted EBITDA declined due to higher costs, but guidance for sales growth and EBITDA was raised, reflecting strong momentum and operational improvements.
Q4 2025 Q4 2025 2026-02-26
Q4 and full year 2025 saw modest sales declines but strong EBITDA and margin expansion, driven by premium brands and operational improvements. 2026 guidance calls for flat to 1% sales growth, further margin gains, and robust free cash flow, with growth weighted to the second half.
Q3 2025 Q3 2025 2025-11-06
Q3 saw net sales decline 1.6% year-over-year, but Adjusted EBITDA rose 6.8% with margin expansion. Integration disruptions in direct delivery are largely resolved, and premium brands posted over 44% growth. Guidance now calls for a low single-digit sales decline and $1.45B Adjusted EBITDA.
Q2 2025 Q2 2025 2025-08-07
Operational disruptions from integration and weather events led to flat H1 sales and revised 2025 guidance, but premium brands and retail share grew strongly. Service levels are recovering, synergy targets remain on track, and long-term growth and margin goals are reaffirmed.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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No Investment Recommendation:
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Information Sources:
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