Primerica, Inc. (PRI) Financial Ratios
19 years of historical data (2007–2025) · Financial Services · Insurance - Life
EV/EBITDA
↓
9.97
-5% vs avg
5yr avg: 10.46
30Y Low5.2·High17.5
P/FCF
↓
10.04
+3% vs avg
5yr avg: 9.80
30Y Low7.4·High56.7
P/B Ratio
↑
3.76
+13% vs avg
5yr avg: 3.34
30Y Low1.2·High4.1
ROE
↑
31.9%
↓+24% vs avg
5yr avg: 25.8%
30Y Low4%·High32%
Debt/EBITDA
↓
1.83
↓-25% vs avg
5yr avg: 2.44
30Y Low0.8·High3.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PRI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Primerica, Inc. trades at 12.3x earnings, 14% below its 5-year average of 14.4x, sitting at the 31st percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a discount of 9%. On a free-cash-flow basis, the stock trades at 10.0x P/FCF, roughly in line with the 5-year average of 9.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $8.8B | $8.4B | $9.3B | $7.4B | $5.4B | $6.1B | $5.4B | $5.5B | $4.3B | $4.6B | $3.3B |
| Enterprise Value | $9.9B | $9.5B | $10.5B | $8.8B | $7.0B | $7.7B | $6.6B | $6.9B | $5.4B | $5.5B | $3.9B |
| P/E Ratio → | 12.30 | 11.28 | 19.80 | 12.91 | 11.50 | 16.27 | 13.99 | 15.15 | 13.26 | 13.34 | 15.07 |
| P/S Ratio | 2.74 | 2.62 | 3.00 | 2.70 | 2.03 | 2.24 | 2.43 | 2.69 | 2.26 | 2.75 | 2.16 |
| P/B Ratio | 3.76 | 3.45 | 4.11 | 3.59 | 2.66 | 2.91 | 2.93 | 3.34 | 2.94 | 3.27 | 2.69 |
| P/FCF | 10.04 | 9.59 | 11.15 | 11.26 | 7.38 | 9.61 | 8.74 | 12.01 | 9.25 | 12.15 | 11.78 |
| P/OCF | 9.76 | 9.31 | 10.77 | 10.70 | 7.13 | 9.25 | 8.36 | 11.38 | 8.99 | 11.94 | 11.23 |
P/E links to full P/E history page with 30-year chart
PRI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Primerica, Inc.'s enterprise value stands at 10.0x EBITDA, roughly in line with its 5-year average of 10.5x. The Financial Services sector median is 11.4x, placing the stock at a 12% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.95 | 3.41 | 3.22 | 2.63 | 2.85 | 2.98 | 3.35 | 2.83 | 3.24 | 2.60 |
| EV / EBITDA | 9.97 | 9.57 | 10.96 | 11.00 | 9.30 | 11.47 | 12.60 | 13.89 | 11.76 | 12.97 | 16.86 |
| EV / EBIT | 10.17 | 9.52 | 10.94 | 11.07 | 9.38 | 11.46 | 12.34 | 13.60 | 3.34 | 3.74 | 10.24 |
| EV / FCF | — | 10.79 | 12.66 | 13.42 | 9.56 | 12.22 | 10.73 | 14.95 | 11.58 | 14.33 | 14.16 |
PRI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Primerica, Inc. earns an operating margin of 30.2%, above the Financial Services sector average of 20.3%. Operating margins have expanded from 28.1% to 30.2% over the past 3 years, signaling improving operational efficiency. Return on equity of 31.9% is exceptionally high — well above the sector median of 9.0%. ROIC of 20.8% represents excellent returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 80.5% | 80.5% | 42.3% | 40.1% | 38.9% | 39.0% | 35.2% | 36.2% | 87.9% | 88.8% | 88.0% |
| Operating Margin | 30.2% | 30.2% | 30.4% | 28.1% | 27.0% | 23.7% | 22.9% | 23.2% | 23.4% | 24.2% | 14.4% |
| Net Profit Margin | 23.3% | 23.3% | 15.2% | 21.0% | 17.8% | 17.6% | 17.4% | 17.9% | 17.1% | 20.7% | 14.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 31.9% | 31.9% | 21.8% | 28.1% | 22.9% | 24.3% | 22.1% | 23.5% | 22.5% | 26.5% | 18.5% |
| ROA | 5.1% | 5.1% | 3.2% | 3.9% | 3.1% | 3.1% | 2.7% | 2.8% | 2.6% | 2.9% | 2.0% |
| ROIC | 20.8% | 20.8% | 20.1% | 16.3% | 14.6% | 14.2% | 12.5% | 12.9% | 13.9% | 14.8% | 9.1% |
| ROCE | 6.9% | 6.9% | 6.5% | 5.2% | 4.7% | 4.1% | 3.5% | 3.6% | 3.6% | 3.4% | 2.0% |
PRI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Primerica, Inc. carries a Debt/EBITDA ratio of 1.8x, which is manageable (57% below the sector average of 4.3x). Net debt stands at $1.1B ($1.8B total debt minus $756M cash). Interest coverage of 41.7x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.74 | 0.74 | 0.86 | 0.99 | 1.03 | 0.98 | 0.97 | 0.98 | 0.92 | 0.78 | 0.72 |
| Debt / EBITDA | 1.83 | 1.83 | 2.03 | 2.54 | 2.77 | 3.03 | 3.38 | 3.25 | 2.94 | 2.63 | 3.74 |
| Net Debt / Equity | — | 0.43 | 0.56 | 0.69 | 0.78 | 0.79 | 0.67 | 0.82 | 0.74 | 0.58 | 0.54 |
| Net Debt / EBITDA | 1.07 | 1.07 | 1.31 | 1.78 | 2.12 | 2.45 | 2.34 | 2.73 | 2.36 | 1.97 | 2.84 |
| Debt / FCF | — | 1.21 | 1.52 | 2.17 | 2.18 | 2.61 | 1.99 | 2.94 | 2.33 | 2.17 | 2.38 |
| Interest Coverage | 41.68 | 41.68 | 38.52 | 30.02 | 27.39 | 22.02 | 18.57 | 17.56 | 55.94 | 51.34 | 13.42 |
PRI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Primerica, Inc.'s current ratio of 6.59x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 71.34x to 6.59x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 6.59 | 6.59 | 9.64 | 71.34 | — | — | — | — | 21.50 | 88.68 | 76.03 |
| Quick Ratio | 6.59 | 6.59 | 9.64 | 296.45 | — | — | — | — | 23.12 | 286.28 | 267.79 |
| Cash Ratio | 2.67 | 2.67 | 3.45 | 71.34 | — | — | — | — | 7.46 | 90.33 | 77.73 |
| Asset Turnover | — | 0.21 | 0.21 | 0.18 | 0.18 | 0.17 | 0.15 | 0.15 | 0.15 | 0.14 | 0.13 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
PRI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Primerica, Inc. returns 6.6% to shareholders annually — split between a 1.5% dividend yield and 5.1% buyback yield. The payout ratio of 18.1% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 8.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.5% | 1.6% | 1.2% | 1.3% | 1.6% | 1.2% | 1.2% | 1.0% | 1.0% | 0.8% | 1.0% |
| Payout Ratio | 18.1% | 18.1% | 24.0% | 16.3% | 17.7% | 15.6% | 16.7% | 15.7% | 13.6% | 10.2% | 15.2% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.1% | 8.9% | 5.1% | 7.7% | 8.7% | 6.1% | 7.1% | 6.6% | 7.5% | 7.5% | 6.6% |
| FCF Yield | 10.0% | 10.4% | 9.0% | 8.9% | 13.5% | 10.4% | 11.4% | 8.3% | 10.8% | 8.2% | 8.5% |
| Buyback Yield | 5.1% | 5.3% | 4.6% | 5.1% | 6.6% | 0.3% | 4.3% | 4.1% | 4.9% | 3.2% | 4.6% |
| Total Shareholder Yield | 6.6% | 6.9% | 5.8% | 6.3% | 8.1% | 1.5% | 5.5% | 5.1% | 5.9% | 4.0% | 5.6% |
| Shares Outstanding | — | $33M | $34M | $36M | $38M | $40M | $40M | $42M | $44M | $46M | $47M |
Peer Comparison
Compare PRI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 PRIYou | $9B | 12.3 | 10.0 | 10.0 | 80.5% | 30.2% | 31.9% | 20.8% | 1.8 |
 GL | $13B | 12.1 | 10.0 | 10.7 | 33.4% | 24.4% | 20.6% | 13.4% | 1.6 |
 CNO | $5B | 21.6 | 15.0 | 7.1 | 44.8% | 6.5% | 8.9% | 4.0% | 7.7 |
 FG | $4B | 14.6 | 4.5 | 0.8 | 30.8% | 5.6% | 5.9% | 5.0% | 2.3 |
 CRBG | $13B | -42.9 | 1585.8 | 6.6 | 80.9% | -18.7% | -2.8% | -1.6% | 727.1 |
 LNC | $7B | 6.4 | 2.6 | — | 57.3% | 7.3% | 12.3% | 12.0% | 4.1 |
 RGA | $14B | 11.9 | 9.7 | 3.4 | 25.4% | 6.8% | 9.7% | 8.3% | 3.6 |
 MET | $56B | 17.8 | 9.4 | 3.1 | 36.4% | 6.0% | 11.9% | 13.1% | 3.5 |
 PRU | $37B | 10.4 | 8.2 | 5.9 | 42.0% | 7.9% | 10.9% | 10.0% | 4.7 |
 AFL | $59B | 16.9 | 11.2 | 23.3 | 38.9% | 26.6% | 13.1% | 11.8% | 1.5 |
 UNM | $15B | 21.0 | 17.3 | 26.2 | 38.2% | 7.2% | 6.7% | 4.7% | 3.7 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 19 years · Updated daily
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PRI — Frequently Asked Questions
Quick answers to the most common questions about buying PRI stock.
What is Primerica, Inc.'s P/E ratio?
Primerica, Inc.'s current P/E ratio is 12.3x. The historical average is 13.6x. This places it at the 31th percentile of its historical range.
What is Primerica, Inc.'s EV/EBITDA?
Primerica, Inc.'s current EV/EBITDA is 10.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.4x.
What is Primerica, Inc.'s ROE?
Primerica, Inc.'s return on equity (ROE) is 31.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 18.1%.
Is PRI stock overvalued?
Based on historical data, Primerica, Inc. is trading at a P/E of 12.3x. This is at the 31th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Primerica, Inc.'s dividend yield?
Primerica, Inc.'s current dividend yield is 1.48% with a payout ratio of 18.1%.
What are Primerica, Inc.'s profit margins?
Primerica, Inc. has 80.5% gross margin and 30.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Primerica, Inc. have?
Primerica, Inc.'s Debt/EBITDA ratio is 1.8x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.