Primo Water Past Earnings Performance
Past criteria checks 3/6
Primo Water has been growing earnings at an average annual rate of 43.4%, while the Beverage industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 1.6% per year. Primo Water's return on equity is 4.4%, and it has net margins of 3.6%.
Key information
43.4%
Earnings growth rate
43.1%
EPS growth rate
| Beverage Industry Growth | 4.4% |
| Revenue growth rate | 1.6% |
| Return on equity | 4.4% |
| Net Margin | 3.6% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
The New Primo Water Has Momentum Primed For An Eventual Breakout
Apr 08Primo Water: Recent Strategic Shift Displays Promising Signs
Dec 01Primo Water: Glass Is Still Half Full, Reiterate Buy
Sep 15Primo Water: Moving In The Right Direction, Buy
Jul 04Primo Water Q4 2022 Earnings Preview
Feb 22Primo Water has a new CEO
Jan 24Primo Water sees FY23 revenue $2.3B-$2.35B and issues soft guidance for FY24
Jan 09Primo Water declares $0.07 dividend
Nov 09Primo Water acquires Crystal Spring Water
Oct 12Primo Water acquires two French companies specializing in the marketing and packaging of spring water
Sep 14Primo Water CFO Jay Wells to retire
Aug 30Primo Water declares $0.07 dividend, $100M buyback program
Aug 10Primo Water acquires Highland Mountain Water
Jul 18Primo Water: Shares Have Room To Run
Aug 18Revenue & Expenses BreakdownBeta
How Primo Water makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Dec 23 | 1,772 | 64 | 976 | 0 |
| 30 Sep 23 | 2,295 | 118 | 1,221 | 0 |
| 01 Jul 23 | 2,257 | 86 | 1,203 | 0 |
| 01 Apr 23 | 2,236 | 42 | 1,177 | 0 |
| 31 Dec 22 | 1,693 | 59 | 884 | 0 |
| 01 Oct 22 | 2,200 | -31 | 1,131 | 0 |
| 02 Jul 22 | 2,166 | -14 | 1,098 | 0 |
| 02 Apr 22 | 2,121 | 0 | 1,067 | 0 |
| 01 Jan 22 | 1,576 | 5 | 770 | 0 |
| 02 Oct 21 | 2,060 | -20 | 1,008 | 0 |
| 03 Jul 21 | 2,027 | -16 | 1,001 | 0 |
| 03 Apr 21 | 1,958 | -140 | 987 | 0 |
| 02 Jan 21 | 1,954 | -157 | 1,003 | 0 |
| 26 Sep 20 | 1,889 | -135 | 996 | 0 |
| 27 Jun 20 | 1,843 | -150 | 983 | 0 |
| 28 Mar 20 | 1,842 | -15 | 982 | 0 |
| 28 Dec 19 | 1,795 | -11 | 962 | 0 |
| 28 Sep 19 | 1,955 | -9 | 1,001 | 0 |
| 29 Jun 19 | 2,092 | -8 | 1,037 | 0 |
| 30 Mar 19 | 2,240 | 2 | 1,066 | 0 |
| 29 Dec 18 | 1,791 | 15 | 955 | 0 |
| 29 Sep 18 | 2,345 | 35 | 1,081 | 0 |
| 30 Jun 18 | 2,317 | 28 | 1,065 | 0 |
| 31 Mar 18 | 2,294 | 11 | 1,049 | 0 |
| 30 Dec 17 | 2,270 | -4 | 1,043 | 0 |
| 30 Sep 17 | 2,220 | -68 | 1,037 | 0 |
| 01 Jul 17 | 2,115 | -73 | 999 | 0 |
| 01 Apr 17 | 1,462 | -68 | 864 | 0 |
| 31 Dec 16 | 1,623 | -60 | 806 | 0 |
| 01 Oct 16 | 1,801 | -10 | 739 | 3 |
| 02 Jul 16 | 2,080 | -1 | 710 | 3 |
| 02 Apr 16 | 2,933 | 0 | 774 | 3 |
| 02 Jan 16 | 1,187 | -2 | 608 | 0 |
| 03 Oct 15 | 2,789 | 20 | 638 | 3 |
| 04 Jul 15 | 2,568 | 16 | 492 | 3 |
| 04 Apr 15 | 2,338 | 8 | 352 | 3 |
| 03 Jan 15 | 2,103 | 10 | 211 | 3 |
| 27 Sep 14 | 2,041 | -20 | 206 | 3 |
| 28 Jun 14 | 2,049 | -9 | 193 | 3 |
| 29 Mar 14 | 2,064 | 13 | 183 | 3 |
| 28 Dec 13 | 2,094 | 17 | 177 | 3 |
| 28 Sep 13 | 2,130 | 31 | 160 | 3 |
| 29 Jun 13 | 2,170 | 33 | 166 | 3 |
Quality Earnings: PRMW has high quality earnings.
Growing Profit Margin: PRMW's current net profit margins (3.6%) are higher than last year (3.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PRMW has become profitable over the past 5 years, growing earnings by 43.4% per year.
Accelerating Growth: PRMW's earnings growth over the past year (10.5%) is below its 5-year average (43.4% per year).
Earnings vs Industry: PRMW earnings growth over the past year (10.5%) did not outperform the Beverage industry 18.4%.
Return on Equity
High ROE: PRMW's Return on Equity (4.4%) is considered low.