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Perimeter Solutions, S.A. (PRM) 10-Year Financial Performance & Capital Metrics

PRM • • Industrial / General
Basic MaterialsSpecialty ChemicalsMetal Processing & Industrial LubricantsMetal Treatment & Processing Chemicals
AboutPerimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Oil Additives. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers. The Oil Additives segment produces Phosphorus Pentasulfide which is primarily used in the preparation of lubricant additives, including a family of compounds called Zinc Dialkyldithiophosphates. The company offers its products under the brands PHOS-CHEK, FIRE-TROL, AUXQUIMIA, SOLBERG. and BIOGEMA. Perimeter Solutions, SA was founded in 1963 and is headquartered in Clayton, Missouri.Show more
  • Revenue $561M +74.2%
  • EBITDA $62M -61.1%
  • Net Income -$6M -108.7%
  • EPS (Diluted) -0.04 -109.9%
  • Gross Margin 56.52% +41.9%
  • EBITDA Margin 11.04% -77.7%
  • Operating Margin -0.67% -102.3%
  • Net Margin -1.05% -105.0%
  • ROE -0.51% -108.7%
  • ROIC -0.15% -103.9%
  • Debt/Equity 0.70 +0.5%
  • Interest Coverage -0.09 -104.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓FCF machine: 30.8% free cash flow margin
  • ✓Momentum leader: RS Rating 90 (top 10%)
  • ✓Strong 5Y sales CAGR of 18.6%
  • ✓Share count reduced 12.5% through buybacks
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗Weak 3Y average ROE of 4.5%
  • ✗Low asset turnover indicates capital-intensive operations

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

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y18.58%
3Y15.68%
TTM19.12%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM147.78%

EPS CAGR

10Y-
5Y-
3Y-
TTM137.24%

ROCE

10Y Avg-3.05%
5Y Avg-3.55%
3Y Avg3.08%
Latest-0.16%

Peer Comparison

Metal Treatment & Processing Chemicals
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
NTICNorthern Technologies International Corporation90.84M9.575316.67-0.97%-0.35%-0.4%0.17
WDFCWD-40 Company2.78B205.8130.764.98%14.42%33.9%3%0.36
KWRQuaker Chemical Corporation2.79B160.8024.70-5.82%-0.48%-0.66%7.74%0.54
NEUNewMarket Corporation6.11B650.0013.483.27%16.33%26.51%7.57%0.72
KOPKoppers Holdings Inc.573.51M29.2411.89-2.88%0.84%2.95%7.32%2.09
PRMPerimeter Solutions, S.A.4.34B29.33-724.2074.16%12.26%7.02%3.98%0.70

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+239.31M339.58M362.34M360.5M322.11M560.97M
Revenue Growth %-0.42%0.07%-0.01%-0.11%0.74%
Cost of Goods Sold+155.43M177.53M189.72M231.85M193.81M243.88M
COGS % of Revenue0.65%0.52%0.52%0.64%0.6%0.43%
Gross Profit+83.88M162.04M172.62M128.65M128.29M317.09M
Gross Margin %0.35%0.48%0.48%0.36%0.4%0.57%
Gross Profit Growth %-0.93%0.07%-0.25%-0%1.47%
Operating Expenses+89.66M90.57M772.75M-1.41M33.84M320.85M
OpEx % of Revenue0.37%0.27%2.13%-0%0.11%0.57%
Selling, General & Admin36.2M37.75M708.95M60.32M46.51M66.9M
SG&A % of Revenue0.15%0.11%1.96%0.17%0.14%0.12%
Research & Development000000
R&D % of Revenue------
Other Operating Expenses53.46M52.82M63.8M-61.73M-12.67M253.95M
Operating Income+-5.78M71.48M-600.13M130.06M94.45M-3.77M
Operating Margin %-0.02%0.21%-1.66%0.36%0.29%-0.01%
Operating Income Growth %-13.37%-9.4%1.22%-0.27%-1.04%
EBITDA+52.25M129.59M-538.75M195.86M159.31M61.95M
EBITDA Margin %0.22%0.38%-1.49%0.54%0.49%0.11%
EBITDA Growth %-1.48%-5.16%1.36%-0.19%-0.61%
D&A (Non-Cash Add-back)58.02M58.12M61.38M65.8M64.86M65.72M
EBIT-4.78M71.48M-590.91M130.06M135.19M-3.77M
Net Interest Income+-51.66M-42.02M-45.44M-42.59M-41.38M-40.46M
Interest Income000000
Interest Expense51.66M42.02M45.44M42.59M41.38M40.46M
Other Income/Expense-53.93M-36.74M-53.41M-32.84M-32.87M-43.1M
Pretax Income+-59.71M34.73M-653.54M97.23M61.58M-46.86M
Pretax Margin %-0.25%0.1%-1.8%0.27%0.19%-0.08%
Income Tax+-17.67M10.48M7.98M5.47M-5.9M-40.96M
Effective Tax Rate %0.7%0.7%1.01%0.94%1.1%0.13%
Net Income+-42.04M24.25M-661.52M91.76M67.49M-5.91M
Net Margin %-0.18%0.07%-1.83%0.25%0.21%-0.01%
Net Income Growth %-1.58%-28.28%1.14%-0.26%-1.09%
Net Income (Continuing)-42.04M24.25M-661.52M91.76M67.49M-5.91M
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-0.270.15-4.210.520.41-0.04
EPS Growth %-1.56%-29.07%1.12%-0.21%-1.1%
EPS (Basic)-0.270.15-4.210.570.44-0.04
Diluted Shares Outstanding157.14M157.14M157.24M175.08M166.45M145.71M
Basic Shares Outstanding157.14M157.14M157.24M160.94M154.67M145.71M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+123.21M133.02M371.76M308.52M251.01M394.02M
Cash & Short-Term Investments9.82M22.48M225.55M126.75M52.8M198.46M
Cash Only9.82M22.48M225.55M126.75M47.28M198.46M
Short-Term Investments00005.52M0
Accounts Receivable41.52M40.35M25.14M26.86M41.31M67.14M
Days Sales Outstanding63.3243.3725.3227.1946.8143.68
Inventory69.95M58.78M106.91M142.96M145.65M116.35M
Days Inventory Outstanding164.28120.86205.68225.06274.3174.13
Other Current Assets874K4.06M1.53M1.16M1.6M3.39M
Total Non-Current Assets+1.02B1.01B2.21B2.15B2.08B2.02B
Property, Plant & Equipment46.29M48.23M62.25M77.43M81.81M88.25M
Fixed Asset Turnover5.17x7.04x5.82x4.66x3.94x6.36x
Goodwill473.19M482.04M1.04B1.03B1.04B1.03B
Intangible Assets500.13M473.7M1.1B1.04B945.01M898.42M
Long-Term Investments000000
Other Non-Current Assets2.66M1.21M2.22M1.77M1.32M1.16M
Total Assets+1.15B1.14B2.58B2.46B2.33B2.42B
Asset Turnover0.21x0.30x0.14x0.15x0.14x0.23x
Asset Growth %--0.01%1.27%-0.05%-0.05%0.04%
Total Current Liabilities+47.88M32.92M100.49M74.15M55.05M62.49M
Accounts Payable19.48M9.87M27.47M36.79M21.64M23.52M
Days Payables Outstanding45.7420.2952.8557.9240.7535.2
Short-Term Debt5.61M6.72M002.75M0
Deferred Revenue (Current)436K286K445K001000K
Other Current Liabilities13.12M5.2M10.5M5.81M16.56M-2.94M
Current Ratio2.57x4.04x3.70x4.16x4.56x6.31x
Quick Ratio1.11x2.25x2.64x2.23x1.91x4.44x
Cash Conversion Cycle181.86143.94178.15194.33280.36182.61
Total Non-Current Liabilities+835.21M813.86M1.4B1.24B1.13B1.2B
Long-Term Debt724.25M680.55M664.13M665.28M775.06M780.57M
Capital Lease Obligations00015.48M20.45M21.55M
Deferred Tax Liabilities110.21M112.16M297.15M278.27M272.47M152.2M
Other Non-Current Liabilities741K21.15M435M284.53M59.11M242.31M
Total Liabilities883.09M846.78M1.5B1.32B1.18B1.26B
Total Debt+729.87M687.27M664.13M684.3M798.26M805.53M
Net Debt720.04M664.79M438.57M557.55M750.98M607.08M
Debt / Equity2.78x2.36x0.61x0.60x0.69x0.70x
Debt / EBITDA13.97x5.30x-3.49x5.01x13.00x
Net Debt / EBITDA13.78x5.13x-2.85x4.71x9.80x
Interest Coverage-0.11x1.70x-13.21x3.05x2.28x-0.09x
Total Equity+262.39M291.42M1.08B1.14B1.15B1.16B
Equity Growth %-0.11%2.71%0.05%0.01%0%
Book Value per Share1.671.856.886.516.927.94
Total Shareholders' Equity262.39M291.42M1.08B1.14B1.15B1.16B
Common Stock53.05M53.05M157.24M163.24M165.07M17K
Retained Earnings-72.04M-47.79M-738.52M-648.3M-580.82M-586.72M
Treasury Stock000-49.34M-113.41M-127.83M
Accumulated OCI-7.96M-3.17M-7.13M-25.47M-19.71M-39.23M
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-305K70.83M72.35M-40.17M193K188.39M
Operating CF Margin %-0%0.21%0.2%-0.11%0%0.34%
Operating CF Growth %-233.22%0.02%-1.56%1%975.1%
Net Income-42.04M24.25M-661.52M91.76M67.49M-5.91M
Depreciation & Amortization58.02M58.12M76.19M65.8M64.86M65.72M
Stock-Based Compensation00292.18M14.65M1.6M12.85M
Deferred Taxes-22.19M-2.68M-13.4M-17M-25.82M-99.56M
Other Non-Cash Items3.56M3.47M15.26M-88.21M-62.83M214.67M
Working Capital Changes2.34M-12.33M363.63M-107.16M-45.1M609K
Change in Receivables-9.57M6.09M-895K-6.19M-17.93M-13.29M
Change in Inventory-10.15M11.17M-23.46M-61.93M-2.04M29.87M
Change in Payables3.9M-9.61M18.3M9.7M-15.34M-754K
Cash from Investing+-25.17M-9.47M-1.23B-10.25M-14.89M-42.94M
Capital Expenditures-8.86M-7.5M-9.75M-8.61M-9.44M-15.53M
CapEx % of Revenue0.04%0.02%0.03%0.02%0.03%0.03%
Acquisitions------
Investments------
Other Investing0000-5.46M0
Cash from Financing+21.03M-45.61M-761.43M-48.81M-64.45M8.35M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid-12.36M0-60M000
Share Repurchases------
Other Financing0062M529K023.51M
Net Change in Cash------
Free Cash Flow+-9.16M63.33M62.6M-48.78M-9.24M172.86M
FCF Margin %-0.04%0.19%0.17%-0.14%-0.03%0.31%
FCF Growth %-7.91%-0.01%-1.78%0.81%19.7%
FCF per Share-0.060.400.40-0.28-0.061.19
FCF Conversion (FCF/Net Income)0.01x2.92x-0.11x-0.44x0.00x-31.90x
Interest Paid44.75M45.44M035.49M37.01M37.32M
Taxes Paid8.17M19.34M013.49M25.96M74.56M

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)-16.02%8.76%-96.36%8.26%5.89%-0.51%
Return on Invested Capital (ROIC)-0.44%5.53%-36.35%6.07%3.94%-0.15%
Gross Margin35.05%47.72%47.64%35.69%39.83%56.52%
Net Margin-17.57%7.14%-182.57%25.45%20.95%-1.05%
Debt / Equity2.78x2.36x0.61x0.60x0.69x0.70x
Interest Coverage-0.11x1.70x-13.21x3.05x2.28x-0.09x
FCF Conversion0.01x2.92x-0.11x-0.44x0.00x-31.90x
Revenue Growth-41.9%6.7%-0.51%-10.65%74.16%

Revenue by Segment

202220232024
Product330.67M290.72M464.81M
Product Growth--12.08%59.88%
Service26.63M30.16M95.9M
Service Growth-13.25%218.00%
Product and Service, Other3.2M1.23M259K
Product and Service, Other Growth--61.60%-78.94%

Frequently Asked Questions

Growth & Financials

Perimeter Solutions, S.A. (PRM) reported $636.3M in revenue for fiscal year 2024. This represents a 166% increase from $239.3M in 2019.

Perimeter Solutions, S.A. (PRM) grew revenue by 74.2% over the past year. This is strong growth.

Yes, Perimeter Solutions, S.A. (PRM) is profitable, generating $78.0M in net income for fiscal year 2024 (-1.1% net margin).

Dividend & Returns

Perimeter Solutions, S.A. (PRM) has a return on equity (ROE) of -0.5%. Negative ROE indicates the company is unprofitable.

Perimeter Solutions, S.A. (PRM) generated $178.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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