Perimeter Solutions Past Earnings Performance
Past criteria checks 1/6
Perimeter Solutions has been growing earnings at an average annual rate of 9.2%, while the Chemicals industry saw earnings growing at 13.9% annually. Revenues have been declining at an average rate of 2.5% per year. Perimeter Solutions's return on equity is 5.9%, and it has net margins of 21%.
Key information
9.2%
Earnings growth rate
10.9%
EPS growth rate
| Chemicals Industry Growth | 12.9% |
| Revenue growth rate | -2.5% |
| Return on equity | 5.9% |
| Net Margin | 21.0% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
Ensemble Capital - Perimeter Solutions: Doing Truly Difficult And Important Things Really Well
Apr 20Perimeter Solutions, SA's (NYSE:PRM) P/S Is Still On The Mark Following 26% Share Price Bounce
Feb 15
Is It Time To Consider Buying Perimeter Solutions, SA (NYSE:PRM)?
Feb 12Perimeter Solutions' (NYSE:PRM) Earnings Offer More Than Meets The Eye
Nov 20Perimeter Solutions, SA (NYSE:PRM) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable
Nov 19Is It Time To Consider Buying Perimeter Solutions, SA (NYSE:PRM)?
Nov 14Time To Worry? Analysts Just Downgraded Their Perimeter Solutions, SA (NYSE:PRM) Outlook
Aug 05Tourlite Capital - Perimeter Solutions: Checks All Our Boxes For An Investment
Feb 18Perimeter Solutions: Results Likely To Suffer From Benign California Fire Season
Nov 01Perimeter Solutions GAAP EPS of $0.04 misses by $0.02, revenue of $101M misses by $4.22M
Aug 05Perimeter Solutions: A Wide-Moat Company In A Life-Saving Niche
Apr 04Perimeter Solutions: An Overlooked SPAC
Feb 15Revenue & Expenses BreakdownBeta
How Perimeter Solutions 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 |
|---|---|---|---|---|
| 31 Dec 23 | 322 | 67 | -51 | 0 |
| 30 Sep 23 | 304 | 20 | -11 | 0 |
| 30 Jun 23 | 322 | 107 | -60 | 0 |
| 31 Mar 23 | 347 | 64 | -16 | 0 |
| 31 Dec 22 | 361 | 92 | -43 | 0 |
| 30 Sep 22 | 365 | -539 | 567 | 0 |
| 30 Jun 22 | 400 | -593 | 640 | 0 |
| 31 Mar 22 | 386 | -606 | 659 | 0 |
| 31 Dec 21 | 362 | -662 | 709 | 0 |
| 30 Sep 21 | 372 | 23 | 54 | 0 |
| 30 Jun 21 | 351 | 24 | 47 | 0 |
| 31 Mar 21 | 319 | 17 | 38 | 0 |
| 31 Dec 20 | 340 | 24 | 38 | 0 |
| 31 Dec 19 | 239 | -42 | 36 | 0 |
Quality Earnings: PRM has a large one-off loss of $33.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: PRM's current net profit margins (21%) are lower than last year (25.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PRM has become profitable over the past 5 years, growing earnings by 9.2% per year.
Accelerating Growth: PRM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PRM had negative earnings growth (-26.5%) over the past year, making it difficult to compare to the Chemicals industry average (-11.9%).
Return on Equity
High ROE: PRM's Return on Equity (5.9%) is considered low.