Company Analysis

Primerica, Inc. (PRI)

NYSE: PRI · Life Insurance · Duluth, GA · filing with the SEC since 2009
Grade6.8
◀ Past 6.8● Present 7.2▶ Future 6.2

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 27, 2026Feb 28, 2025Feb 28, 2024Feb 28, 2023Mar 1, 2022Mar 1, 2021Feb 28, 2020Feb 26, 2019Feb 26, 2018Feb 27, 2017
Revenue3,291,7133,089,1432,748,507r2,657,451r2,709,7322,217,5412,052,5041,899,8431,689,1021,519,084
For lenders
Interest expense on deposits and borrowings23,95825,03426,59427,237······
For insurers
Premiums earned1,783,9031,729,1711,660,3141,600,2281,505,8841,326,3831,184,1371,085,940961,338843,709
Net investment income167,152155,501135,83793,06580,58883,81494,07381,43079,01779,025
Benefits, claims and losses665,927648,163642,979632,403r602,007r615,569493,820457,583416,019367,655
Total benefits, losses and expenses2,317,1492,149,8961,976,769r1,938,795r2,066,203r1,710,8111,575,3931,483,7591,309,5821,181,489
Cost of revenue··55,23368,43152,788·····
Interest expense··26,59427,23730,61828,83928,81128,80928,48828,691
Income before income taxes974,564939,247771,738r718,656r643,529r506,730477,111416,084379,520337,595
Income tax expense223,330219,118180,556r163,942r167,544r120,566110,72091,99029,265118,181
Income from continuing operations751,234720,129591,182554,714·····219,414
Income from discontinued operations0-249,611-14,581-87,684······
Net income including non-controlling interests751,234470,518576,601467,030r475,985r386,164366,391324,094350,255219,414
Net income to non-controlling interests···-5,038-1,377·····
Net income·470,518576,601472,068r477,362r386,164366,391324,094350,255219,414
Net income to common shareholders748,788717,686588,647r552,276r475,402r384,493364,737322,201347,729217,579
Earnings per share, basic22.9513.7315.9712.37r12.03r9.608.657.357.634.59
Earnings per share, diluted22.9113.7115.9412.33r11.99r9.578.627.337.614.59
Weighted average shares, basic32,63234,14235,95437,99739,53040,06542,18143,85445,59847,411
Weighted average shares, diluted32,68034,19936,02738,10639,65240,18542,31443,98545,68947,453
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet
Net investment income what its investments earnedus-gaap:NetInvestmentIncome
Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet
Total benefits, losses and expenses claims and every other cost togetherus-gaap:BenefitsLossesAndExpenses
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Interest expense what its borrowing costus-gaap:InterestExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton PRI · research, not advice