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PRI logoPrimerica, Inc.(PRI)Earnings, Financials & Key Ratios

PRI•NYSE•Insurance & Managed Care
$276.80
$8.76B mkt cap·12.1× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryLife InsuranceSub-IndustryIndividual life and final expense insurers
AboutPrimerica, Inc., together with its subsidiaries, provides financial products to middle-income households in the United States and Canada. The company operates in four segments: Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. The Term Life Insurance segment underwrites individual term life insurance products. The Investment and Savings Products segment provides mutual funds and various retirement plans, managed investments, variable and fixed annuities, and fixed indexed annuities. The Senior Health segment offers segregated funds; and medicare advantage and supplement products. The Corporate and Other Distributed Products segment provides mortgage loans; prepaid legal services that assist subscribers with legal matters, such as drafting wills, living wills and powers of attorney, trial defense, and motor vehicle-related matters; ID theft defense services; auto and homeowners' insurance; home automation solutions; and insurance products, including supplemental health, accidental death, and disability for small businesses. It distributes and sells its products through a network of 129,515 licensed sales representatives. Primerica, Inc. was founded in 1927 and is headquartered in Duluth, Georgia.Show more
  • Revenue$3.23B+4.4%
  • Combined Ratio69.79%+0.3%
  • Net Income$751M+59.7%
  • Return on Equity31.93%+46.8%
  • Medical Cost Ratio19.48%-66.2%
  • Operating Margin30.21%-0.6%
  • Net Margin23.29%+52.9%
  • ROA5.08%+59.7%
  • Equity / Assets16.29%+5.2%
  • Book Value per Share74.84+13.3%
  • Tangible BV/Share73.46+13.5%
  • Debt/Equity0.74-13.9%
Technical→

PRI Key Insights

Primerica, Inc. (PRI) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Profitable underwriting: 69.8% combined ratio
  • ✓Excellent 3Y average ROE of 27.3%
  • ✓Strong Piotroski F-Score: 8/9
  • ✓15 consecutive years of dividend growth
  • ✓Low loss ratio of 19.5%
  • ✓Share count reduced 4.4% through buybacks

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

PRI Price & Volume

Primerica, Inc. (PRI) stock price & volume — 10-year historical chart

Loading chart...

PRI Growth Metrics

Primerica, Inc. (PRI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years8.67%
5 Years7.79%
3 Years6.68%
TTM6.06%

Profit CAGR

10 Years14.74%
5 Years14.24%
3 Years16.75%
TTM59.66%

EPS CAGR

10 Years20%
5 Years19.08%
3 Years22.94%
TTM66.75%

Return on Capital

10 Years4.35%
5 Years5.47%
3 Years6.18%
Last Year6.87%

PRI Recent Earnings

Primerica, Inc. (PRI) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 8/12 qtrs (67%)
Q1 2026Latest
Feb 11, 2026
EPS
$6.13
Est $5.69
+7.7%
Revenue
$854M
Est $845M
+1.0%
Q4 2025
Nov 5, 2025
EPS
$6.33
Est $5.52
+14.7%
Revenue
$840M
Est $840M
+0.0%
Q3 2025
Aug 6, 2025
EPS
$5.46
Est $5.18
+5.4%
Revenue
$793M
Est $804M
-1.3%
Q2 2025
May 7, 2025
EPS
$5.02
Est $4.78
+5.0%
Revenue
$805M
Est $784M
+2.6%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 11, 2026
$6.13vs $5.69+7.7%
$854Mvs $845M+1.0%
Q4 2025Nov 5, 2025
$6.33vs $5.52+14.7%
$840Mvs $840M+0.0%
Q3 2025Aug 6, 2025
$5.46vs $5.18+5.4%
$793Mvs $804M-1.3%
Q2 2025May 7, 2025
$5.02vs $4.78+5.0%
$805Mvs $784M+2.6%
Based on last 12 quarters of dataView full earnings history →

PRI Peer Comparison

Primerica, Inc. (PRI) competitors in Individual life and final expense insurers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
GL logoGLGlobe Life Inc.Direct Competitor12.11B154.3910.983.82%19.36%20.64%0.44
CNO logoCNOCNO Financial Group, Inc.Direct Competitor4.28B45.7119.450.94%4.94%8.6%1.54
FG logoFGF&G Annuities & Life, Inc.Direct Competitor4B29.4615.675.72%4.8%5.61%0.45
CRBG logoCRBGCorebridge Financial, Inc.Direct Competitor12.81B28.05-41.257.88%1.85%0.78
LNC logoLNCLincoln National CorporationDirect Competitor6.41B37.622.0453.61%11.43%20.18%0.77
RGA logoRGAReinsurance Group of America, IncorporatedDirect Competitor14.05B214.5920.0019.85%3.89%6.63%0.46
MET logoMETMetLife, Inc.Product Competitor52.27B80.1616.7010.22%4.44%11.88%0.70
PRU logoPRUPrudential Financial, Inc.Product Competitor34.86B100.169.80-14.01%5.62%10.26%0.65

Compare PRI vs Peers

Primerica, Inc. (PRI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GL

Most directly comparable listed peer for PRI.

Scale Benchmark

vs BLK

Larger-name benchmark to compare PRI against a more recognizable public peer.

Peer Set

Compare Top 5

vs GL, CNO, FG, CRBG

PRI Income Statement

Primerica, Inc. (PRI) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Revenue1.69B1.9B2.05B2.22B2.71B2.66B2.75B3.09B3.23B
Revenue Growth %11.19%12.48%8.04%8.04%22.2%-1.93%3.43%12.39%4.43%
Medical Costs & Claims189.3M229.61M1.31B1.44B1.65B1.62B1.65B1.78B628.54M
Medical Cost Ratio %11.21%12.09%63.8%64.79%61.03%61.11%59.87%57.66%19.48%
Gross Profit
1.5B▲ 0%
1.67B▲ 11.4%
743.07M▼ 55.5%
780.76M▲ 5.1%
1.06B▲ 35.2%
1.03B▼ 2.1%
1.1B▲ 6.7%
1.31B▲ 18.6%
2.6B▲ 98.6%
Gross Margin %88.79%87.91%36.2%35.21%38.97%38.89%40.13%42.34%80.52%
Gross Profit Growth %12.14%11.36%-55.51%5.07%35.24%-2.14%6.74%18.58%98.61%
Operating Expenses-1.09B-1.45B265.95M274.03M412.4M314.71M331.23M368.64M1.62B
OpEx / Revenue %-64.64%-76.58%12.96%12.36%15.22%11.84%12.05%11.93%50.31%
Depreciation & Amortization13.55M12.42M18.3M17.7M29.84M34.17M31.96M23.4M19.25M
Combined Ratio %-53.43%-64.5%76.75%77.15%76.25%72.96%71.92%69.6%69.79%
Operating Income
408.01M▲ 0%
444.89M▲ 9.0%
477.11M▲ 7.2%
506.73M▲ 6.2%
643.53M▲ 27.0%
718.66M▲ 11.7%
771.74M▲ 7.4%
939.25M▲ 21.7%
974.56M▲ 3.8%
Operating Margin %24.16%23.42%23.25%22.85%23.75%27.04%28.08%30.4%30.21%
Operating Income Growth %85.95%9.04%7.24%6.21%27%11.67%7.39%21.71%3.76%
EBITDA421.56M457.31M495.41M524.43M673.37M752.83M803.7M962.65M993.82M
EBITDA Margin %24.96%24.07%24.14%23.65%24.85%28.33%29.24%31.16%30.81%
Interest Expense28.49M28.81M28.81M28.84M30.62M27.24M26.59M25.03M23.96M
Non-Operating Income-408.01M-444.89M-28.81M-28.84M-30.62M-27.24M-26.59M-25.03M-23.96M
Pretax Income
379.52M▲ 0%
416.08M▲ 9.6%
477.11M▲ 14.7%
506.73M▲ 6.2%
643.53M▲ 27.0%
718.66M▲ 11.7%
771.74M▲ 7.4%
939.25M▲ 21.7%
974.56M▲ 3.8%
Pretax Margin %22.47%21.9%23.25%22.85%23.75%27.04%28.08%30.4%30.21%
Income Tax29.27M91.99M110.72M120.57M167.54M163.94M180.56M219.12M223.33M
Effective Tax Rate %7.71%22.11%23.21%23.79%26.04%22.81%23.4%23.33%22.92%
Net Income
350.25M▲ 0%
324.09M▼ 7.5%
366.39M▲ 13.1%
386.16M▲ 5.4%
477.36M▲ 23.6%
472.07M▼ 1.1%
576.6M▲ 22.1%
470.52M▼ 18.4%
751.23M▲ 59.7%
Net Margin %20.74%17.06%17.85%17.41%17.62%17.76%20.98%15.23%23.29%
Net Income Growth %59.63%-7.47%13.05%5.4%23.62%-1.11%22.14%-18.4%59.66%
EPS (Diluted)
7.61▲ 0%
7.37▼ 3.2%
8.62▲ 17.0%
9.57▲ 11.0%
9.42▼ 1.6%
12.33▲ 30.9%
15.94▲ 29.3%
13.71▼ 14.0%
22.91▲ 67.1%
EPS Growth %65.8%-3.15%16.96%11.02%-1.57%30.89%29.28%-13.99%67.1%
EPS (Basic)7.637.398.659.609.4412.3715.9713.7322.95
Diluted Shares Outstanding45.69M43.98M42.31M40.19M39.65M38.11M36.03M34.2M32.68M

PRI Balance Sheet

Primerica, Inc. (PRI) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Assets12.46B12.6B13.69B14.91B16.12B14.64B15.03B14.58B15.01B
Asset Growth %8.93%1.08%8.68%8.89%8.17%-9.19%2.64%-2.97%2.95%
Total Investment Assets3.03B3.39B3.66B3.9B4.26B4.1B5.16B5.28B4.54B
Long-Term Investments737.15M970.39M3.63B3.87B4.23B4.05B4.15B4.28B3.31B
Short-Term Investments1.97B2.08B2.36B2.46B2.79B2.56B1B995.38M3.27B
Total Current Assets2.21B6.75B00001.62B4.71B4.02B
Cash & Equivalents279.96M262.14M256.88M547.57M392.5M489.24M613.15M687.82M756.23M
Receivables004.4B4.59B4.76B3.66B3.29B3.03B275.17M
Other Current Assets0775.43M-7.01B-7.6B-7.94B-6.72B1.81B0-275.17M
Goodwill & Intangibles51.51M48.11M45.27M45.27M374.98M313.23M302.73M45.27M45.27M
Goodwill0000179.15M127.71M127.71M00
Intangible Assets51.51M48.11M45.27M45.27M195.82M185.53M175.03M45.27M45.27M
PP&E (Net)28.1M36M93.38M104.29M114.96M93.16M91.96M87.72M41.9M
Other Assets-765.25M2.07B-3.76B-4.01B-4.72B-4.46B6.44B5.34B-3.31B
Total Liabilities11.04B11.13B12.04B13.07B14.03B12.61B12.96B12.32B12.57B
Total Debt1.11B1.34B1.61B1.77B2.04B2.08B2.04B1.95B1.82B
Net Debt829.71M1.08B1.35B1.23B1.65B1.59B1.43B1.27B1.06B
Long-Term Debt1.11B1.34B1.56B1.72B1.97B2.04B1.98B1.9B1.77B
Short-Term Debt000015M05.67M7.23M7.69M
Total Current Liabilities24.9M313.86M000022.67M488.35M743.71M
Accounts Payable0313.86M339.95M519.71M585.38M538.25M513.8M488.35M495.36M
Deferred Revenue000000000
Other Current Liabilities-24.9M-389.12M-360.18M-540.76M-615.69M-575.13M-5.67M-7.23M36.14M
Deferred Taxes1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Liabilities9.75B9.63B-1.8B-1.98B-2.25B-2.25B10.81B9.82B8.16B
Total Equity
1.42B▲ 0%
1.46B▲ 3.0%
1.65B▲ 13.1%
1.84B▲ 11.1%
2.09B▲ 13.8%
2.03B▼ 2.8%
2.07B▲ 1.7%
2.26B▲ 9.3%
2.45B▲ 8.3%
Equity Growth %16.19%2.99%13.07%11.1%13.83%-2.8%1.71%9.35%8.27%
Shareholders Equity1.42B1.46B1.65B1.84B2.08B2.03B2.07B2.26B2.45B
Minority Interest00007.27M0000
Retained Earnings1.38B1.49B1.59B1.71B2B2.15B2.28B2.23B2.42B
Common Stock443K427K412K393K394K368K350K334K318K
Accumulated OCI43.57M-28.43M58.8M129.71M72.39M-122.73M-211.33M27.22M29.43M
Return on Equity (ROE)26.53%22.5%23.53%22.14%24.32%22.91%28.15%21.76%31.93%
Return on Assets (ROA)2.93%2.59%2.79%2.7%3.08%3.07%3.89%3.18%5.08%
Equity / Assets11.39%11.6%12.07%12.32%12.96%13.87%13.75%15.49%16.29%
Debt / Equity0.78x0.92x0.98x0.97x0.98x1.03x0.99x0.86x0.74x
Book Value per Share31.0633.2339.0545.6952.7053.3157.3466.0674.84
Tangible BV per Share29.9332.1337.9844.5643.2545.0948.9464.7373.46

PRI Cash Flow Statement

Primerica, Inc. (PRI) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations388.52M478.07M485.51M643.42M656.96M757.66M692.52M862.09M906.81M
Operating CF Growth %32.98%23.05%1.56%32.52%2.1%15.33%-8.6%24.49%5.19%
Operating CF / Revenue %23%25.16%23.65%29.01%24.24%28.51%25.2%27.91%28.11%
Net Income350.25M324.09M366.39M386.16M475.99M467.03M576.6M470.52M748.79M
Depreciation & Amortization13.55M12.42M18.3M17.7M29.84M34.17M31.96M23.4M19.25M
Stock-Based Compensation15.27M17.25M17.53M19.03M16.84M22.36M18.91M25.07M0
Deferred Taxes-53.79M2.59M-841K266K2.76M-52.8M-43.38M-110.6M0
Other Non-Cash Items-215.15M-201.24M-204.84M-255.87M-238.57M-157.42M-249.84M59.62M-221.09M
Working Capital Changes281.41M322.96M288.97M476.13M370.1M444.32M358.26M394.07M359.85M
Cash from Investing-128.28M-232.8M-201.88M-53.53M-923.38M-200.05M-90.05M-232.25M-235.57M
Capital Expenditures-6.75M-13.52M-25.44M-27.62M-24.69M-25.8M-33.9M-29.23M-26.05M
Acquisitions0000-494.46M3.87M000
Purchase of Investments-427.09M-635.52M-634M-525.39M-1.08B-678.09M-432.46M-664.39M-690.41M
Sale/Maturity of Investments305.56M416.23M457.56M499.49M676.87M499.98M376.31M432.75M482.05M
Other Investing000000028.62M-1.16M
Cash from Financing-193.46M-261M-290.13M-301.79M107.97M-457.85M-479.62M-551.14M-595.73M
Dividends Paid-35.82M-44.14M-57.63M-64.35M-74.64M-83.78M-93.72M-112.81M-136.05M
Share Repurchases-150.04M-210.15M-225.04M-231.43M-18.75M-356.31M-375.06M-428.43M-450.03M
Stock Issued000000000
Debt Issuance (Net)00-281K-274K1000K-1000K-265K-256K-262K
Other Financing-7.6M-6.71M-7.19M-5.74M-11.98M-5.13M-10.58M-9.65M-9.38M
Net Change in Cash
67.99M▲ 0%
-17.82M▼ 126.2%
-5.26M▲ 70.5%
290.69M▲ 5624.4%
-155.07M▼ 153.3%
96.74M▲ 162.4%
123.91M▲ 28.1%
74.67M▼ 39.7%
68.41M▼ 8.4%
Exchange Rate Effect1.2M-2.09M1.24M2.6M3.38M-3.03M1.06M-4.02M-7.11M
Cash at Beginning211.98M279.96M262.14M256.88M547.57M392.5M489.24M613.15M687.82M
Cash at End279.96M262.14M256.88M547.57M392.5M489.24M613.15M687.82M756.23M
Free Cash Flow
381.77M▲ 0%
464.55M▲ 21.7%
460.08M▼ 1.0%
615.79M▲ 33.8%
632.27M▲ 2.7%
731.86M▲ 15.8%
658.62M▼ 10.0%
832.86M▲ 26.5%
880.76M▲ 5.8%
FCF Growth %37.08%21.68%-0.96%33.85%2.68%15.75%-10.01%26.46%5.75%
FCF Margin %22.6%24.45%22.42%27.77%23.33%27.54%23.96%26.96%27.3%
FCF per Share8.3610.5610.8715.3215.9519.2118.2824.3526.95

PRI Key Ratios

Primerica, Inc. (PRI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Combined Ratio85.56%-53.43%-64.5%76.75%77.15%76.25%72.96%71.92%69.6%69.79%
Medical Cost Ratio11.96%11.21%12.09%63.8%64.79%61.03%61.11%59.87%57.66%19.48%
Return on Equity (ROE)18.54%26.53%22.5%23.53%22.14%24.32%22.91%28.15%21.76%31.93%
Return on Assets (ROA)1.99%2.93%2.59%2.79%2.7%3.08%3.07%3.89%3.18%5.08%
Equity / Assets10.68%11.39%11.6%12.07%12.32%12.96%13.87%13.75%15.49%16.29%
Book Value / Share25.7431.0633.2339.0545.6952.753.3157.3466.0674.84
Debt / Equity0.72x0.78x0.92x0.98x0.97x0.98x1.03x0.99x0.86x0.74x
Revenue Growth8.1%11.19%12.48%8.04%8.04%22.2%-1.93%3.43%12.39%4.43%

PRI SEC Filings & Documents

Primerica, Inc. (PRI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Feb 23, 2026·SEC

Material company update

Feb 11, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

FY 2025

May 8, 2025·SEC

PRI Frequently Asked Questions

Primerica, Inc. (PRI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Primerica, Inc. (PRI) grew revenue by 4.4% over the past year. Growth has been modest.

Yes, Primerica, Inc. (PRI) is profitable, generating $751.2M in net income for fiscal year 2025 (23.3% net margin).

Dividend & Returns

Yes, Primerica, Inc. (PRI) pays a dividend with a yield of 1.50%. This makes it attractive for income-focused investors.

Primerica, Inc. (PRI) has a return on equity (ROE) of 31.9%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

Primerica, Inc. (PRI) has a combined ratio of 69.8%. A ratio below 100% indicates underwriting profitability.

Explore More PRI

Primerica, Inc. (PRI) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
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