Primo Water Corp
PRMWDelisted Nov 12, 2024- Industry
- Bottled & Canned Soft Drinks & Carbonated Waters
- SEC CIK
- 0000884713
Primo Water Corp was delisted on Nov 12, 2024; its insiders filed their last Form 4 on Nov 12, 2024; 283 institutions reported holding it in 13F filings for Q3 2024, worth $3.61B in total; no superinvestor held it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 11:49 AM ET
Revenue flow, FY2023
Where the revenue went in FY2023, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Period end | Dec 30, 2023 | Dec 31, 2022 | Jan 1, 2022 | Jan 2, 2021 | Dec 28, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 22, 2024 | Feb 23, 2023 | Feb 24, 2022 | Feb 25, 2021 | Feb 20, 2020 |
| Revenue | $1.77B | $2.22B | $2.07B | $1.95B | $2.39B |
| Cost of revenue | $634.8M | $921.7M | $915.9M | $839.6M | $1.17B |
| Gross profit | $1.14B | $1.29B | $1.16B | $1.11B | $1.23B |
| Selling, general and administrative | $976.0M | $1.15B | $1.03B | $1.01B | $1.11B |
| Operating income | $163.4M | $127.9M | $103.0M | -$52.2M | $90.4M |
| Interest expense | $71.4M | $69.8M | $68.8M | $81.6M | $78.2M |
| Income tax | $27.0M | $19.7M | $9.50M | $4.30M | $9.50M |
| Net income | $238.1M | $29.6M | -$3.20M | -$131.7M | $2.90M |
| EPS, basic | $1.49 | $0.18 | $-0.02 | $-0.85 | $0.02 |
| EPS, diluted | $1.48 | $0.18 | $-0.02 | $-0.85 | $0.02 |
| Weighted shares, basic | 159.5M | 160.8M | 160.8M | 155.4M | 135.2M |
| Weighted shares, diluted | 160.6M | 161.9M | 160.8M | 155.4M | 135.2M |
| Margins and growth | |||||
| Gross margin | 64.2% | 58.4% | 55.8% | 57.0% | 51.3% |
| Operating margin | 9.2% | 5.8% | 5.0% | -2.7% | 3.8% |
| Net margin | 13.4% | 1.3% | -0.2% | -6.7% | 0.1% |
| Revenue growth, year over year | −20.0% | +6.8% | +6.1% | −18.4% | +0.9% |
| Net income growth, year over year | +704.4% | – | – | −4,641.4% | −99.2% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Period end | Dec 30, 2023 | Dec 31, 2022 | Jan 1, 2022 | Jan 2, 2021 | Dec 28, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 22, 2024 | Feb 23, 2023 | Feb 24, 2022 | Feb 25, 2021 | Feb 20, 2020 |
| Cash and equivalents | $507.9M | $122.6M | $128.4M | $115.1M | $205.5M |
| Accounts receivable | $156.0M | $258.6M | $261.6M | $222.3M | $279.3M |
| Inventory | $47.3M | $112.1M | $94.6M | $83.8M | $122.5M |
| Total current assets | $865.9M | $538.0M | $509.8M | $442.5M | $642.3M |
| Goodwill | $1.00B | $1.29B | $1.32B | $1.28B | $1.18B |
| Intangible assets | $714.2M | $894.7M | $969.8M | $987.6M | $701.4M |
| Total assets | $3.52B | $3.67B | $3.72B | $3.60B | $3.39B |
| Short-term debt | $0 | $212.3M | $222.1M | $107.7M | $92.4M |
| Total current liabilities | $426.1M | $690.6M | $709.8M | $548.8M | $607.6M |
| Long-term debt | $1.27B | $1.28B | $1.32B | $1.35B | $1.36B |
| Total liabilities | $2.08B | $2.38B | $2.40B | $2.26B | $2.22B |
| Shareholders' equity | $1.44B | $1.28B | $1.32B | $1.35B | $1.17B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Period end | Dec 30, 2023 | Dec 31, 2022 | Jan 1, 2022 | Jan 2, 2021 | Dec 28, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 22, 2024 | Feb 23, 2023 | Feb 24, 2022 | Feb 25, 2021 | Feb 20, 2020 |
| Capital expenditures | $139.2M | $207.7M | $152.0M | $114.0M | $114.6M |
| Depreciation and amortization | $193.3M | $242.8M | $219.1M | $202.1M | $192.8M |
| Stock-based compensation | $14.1M | $17.2M | $17.5M | $22.1M | $12.4M |
| Share buybacks | $26.0M | $27.7M | $48.1M | $33.2M | $31.8M |
| Net change in cash | $407.9M | -$5.80M | $13.3M | -$90.4M | $34.7M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.8% | 0.8% | 0.8% | 1.1% | 0.5% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 5, 2024 | 160.4M | +0.6% | SEC |
| Aug 5, 2024 | 160.3M | +0.6% | SEC |
| May 6, 2024 | 160.0M | +0.5% | SEC |
| Feb 21, 2024 | 159.5M | −0.3% | SEC |
| Oct 30, 2023 | 159.4M | −0.2% | SEC |
| Aug 7, 2023 | 159.4M | −1.2% | SEC |
| May 1, 2023 | 159.1M | −1.2% | SEC |
| Feb 22, 2023 | 159.9M | −0.7% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.