Perimeter Solutions, Inc. (PRM)
Perimeter Solutions, Inc. is a global manufacturer and supplier specializing in fire suppression products and chemical additives for lubricants. Its operations are organized into two main divisions: Fire Safety and Oil Additives. The Fire Safety division provides a wide array of fire retardants, specialized firefighting foams, and related equipment and services. Its diverse customer base includes federal, state, provincial, and municipal government agencies, alongside commercial clients. The Oil Additives segment is dedicated to the production of Phosphorus Pentasulfide, a key component primarily used in the development of various lubricant additives, most notably the Zinc Dialkyldithiophosphates family. The company's offerings are marketed under prominent brand names such as PHOS-CHEK, FIRE-TROL, AUXQUIMIA, SOLBERG, and BIOGEMA. Perimeter Solutions, SA was established in 1963 and is headquartered in Clayton, Missouri.
Sector: Chemicals & Allied Products
Industry: Chemicals - Specialty
Perimeter Solutions, Inc.
NYSE:PRMBasic Materials · Chemicals - Specialty
+4.83%$29.50
CLOSED · Nov 6Prev close$28.14+4.83%Close$29.500.00%AH close$29.50
AH$29.50+0.00%vs close
Mkt Cap$4.83B
Float141.65M
O/S163.82M
VOL2.15M sh
$ Vol$62.63M
RVOL1.71×
Inst Own76.7%
SI4.9%
Dilution
Financials Summary
Revenue$652.86M
Net Income-$206.37M
Total Assets$2.65B
Free Cash Flow$208.56M
Debt & Equity
Debt 38%
Equity 62%
Total Debt$707.09M
Total Equity$1.13B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PRM's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.65B
Liabilities$1.52B
Accounts Receivable$87.24M
Accounts Payable$30.3M
Inventory$139.63M
PP&E (Net)$121M
Goodwill$1.07B
Intangible Assets$899.32M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $652.86M | $560.97M | $322.11M | $360.5M | $362.34M | $339.58M | $239.31M |
| YoY Growth | 16.4% | 74.2% | -10.7% | -0.5% | 6.7% | 41.9% | - |
| Cost of Revenue | $277.71M | $243.88M | $193.81M | $231.85M | $189.72M | $177.53M | $155.43M |
| Gross Profit | $375.15M | $317.09M | $128.29M | $128.65M | $172.62M | $162.04M | $83.88M |
| Gross Margin | 57.5% | 56.5% | 39.8% | 35.7% | 47.6% | 47.7% | 35.1% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $77.58M | $66.9M | $46.51M | $60.32M | $708.95M | $37.75M | $36.2M |
| Other | $498.5M | $253.95M | -$12.67M | -$61.73M | $63.8M | $52.82M | $53.46M |
| Total Operating Expenses | $576.08M | $320.85M | $33.84M | -$1.41M | $772.75M | $90.57M | $89.66M |
| Operating Income (EBIT) | -$200.93M | -$3.77M | $94.45M | $130.06M | -$600.13M | $71.48M | -$5.78M |
| Operating Margin | -30.8% | -0.7% | 29.3% | 36.1% | -165.6% | 21.0% | -2.4% |
| Interest Expense | $39.13M | $40.46M | $41.38M | $42.59M | $45.44M | $42.02M | $51.66M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$35.32M | -$43.1M | -$32.87M | -$32.84M | -$53.41M | -$36.74M | -$53.93M |
| Income Before Tax (EBT) | -$236.25M | -$46.86M | $61.58M | $97.23M | -$653.54M | $34.73M | -$59.71M |
| Income Tax Expense | -$29.88M | -$40.96M | -$5.9M | $5.47M | $7.98M | $10.48M | -$17.67M |
| Net Income | -$206.37M | -$5.91M | $67.49M | $91.76M | -$661.52M | $24.25M | -$42.04M |
| Net Income Margin | -31.6% | -1.1% | 21.0% | 25.5% | -182.6% | 7.1% | -17.6% |
| Supplementary Data | |||||||
| EPS | -1.37 | -0.04 | 0.44 | 0.57 | -4.21 | 0.15 | -0.27 |
| Diluted EPS | -1.37 | -0.04 | 0.41 | 0.52 | -4.21 | 0.15 | -0.27 |
| Weighted Average OS | 148.81M | 145.71M | 154.67M | 160.94M | 157.24M | 157.14M | 157.14M |
| EBITDA | -$123.08M | $59.32M | $200.04M | $205.61M | -$529.48M | $129.59M | $53.25M |
| EBITDA Margin | -18.9% | 10.6% | 62.1% | 57.0% | -146.1% | 38.2% | 22.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $325.93M | $198.46M | $47.28M | $126.75M | $225.55M | $22.48M | $9.82M |
| Short-Term Investments | $0 | $0 | $5.52M | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $325.93M | $198.46M | $52.8M | $126.75M | $225.55M | $22.48M | $9.82M |
| Accounts Receivable | $87.24M | $67.14M | $41.31M | $26.86M | $25.14M | $40.35M | $41.52M |
| Inventory | $139.63M | $116.35M | $145.65M | $142.96M | $106.91M | $58.78M | $69.95M |
| Other Current Assets | $4.45M | $3.39M | $1.6M | $1.16M | $1.53M | $3.94M | $874K |
| Total Current Assets | $563.97M | $394.02M | $251.01M | $308.52M | $371.76M | $133.02M | $123.21M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $121M | $88.25M | $81.81M | $77.43M | $62.25M | $48.23M | $46.29M |
| Goodwill | $1.07B | $1.03B | $1.04B | $1.03B | $1.04B | $482.04M | $473.19M |
| Intangible Assets | $899.32M | $898.42M | $945.01M | $1.04B | $1.1B | $473.7M | $500.13M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $3.5M | $1.16M | $1.32M | $1.77M | $2.22M | $1.21M | $2.66M |
| Total Long-Term Assets | $2.09B | $2.02B | $2.06B | $2.15B | $2.21B | $1.01B | $1.02B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.65B | $2.42B | $2.32B | $2.46B | $2.58B | $1.14B | $1.15B |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $30.3M | $23.52M | $21.64M | $36.79M | $27.47M | $9.87M | $19.48M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $6.72M | $5.61M |
| Current Income Tax Payable | $0 | $3.19M | $7.1M | $11M | $355K | $2.9M | $3.83M |
| Current Unearned Revenue | $4.22M | $2.3M | $0 | $0 | $445K | $286K | $436K |
| Other Current Liabilities | $15.07M | $10.88M | $8.11M | $5.81M | $10.5M | $6.62M | $1.56M |
| Total Current Liabilities | $175.12M | $62.49M | $55.05M | $74.15M | $100.49M | $32.92M | $47.88M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $669.12M | $667.77M | $666.49M | $665.28M | $664.13M | $680.55M | $724.25M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $80.41M | $152.2M | $253.45M | $278.27M | $297.15M | $112.16M | $110.21M |
| Other Long-Term Liabilities | $561.48M | $355.11M | $167.67M | $284.53M | $435M | $21.15M | $741K |
| Total Long-Term Liabilities | $1.34B | $1.2B | $1.11B | $1.24B | $1.4B | $813.86M | $835.21M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.52B | $1.26B | $1.16B | $1.32B | $1.5B | $846.78M | $883.09M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $17K | $17K | $165.07M | $163.24M | $157.24M | $53.05M | $53.05M |
| Retained Earnings | -$793.09M | -$586.72M | -$580.82M | -$648.3M | -$738.52M | -$47.79M | -$72.04M |
| Comprehensive Income & Other | -$6.37M | -$39.23M | -$19.71M | -$25.47M | -$7.13M | -$3.17M | -$7.96M |
| Other Stockholders' Equity | $1.93B | $1.74B | $1.57B | $1.62B | $1.66B | $286.17M | $281.38M |
| Total Equity | $1.13B | $1.16B | $1.15B | $1.14B | $1.08B | $291.42M | $262.39M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.65B | $2.42B | $2.32B | $2.46B | $2.58B | $1.14B | $1.15B |
| Supplementary Data | |||||||
| Total Debt | $707.09M | $692.74M | $689.7M | $684.3M | $664.13M | $687.27M | $729.87M |
| Net Debt | $381.17M | $494.28M | $642.42M | $557.55M | $438.57M | $664.79M | $720.04M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | -$206.37M | -$5.91M | $67.49M | $91.76M | -$661.52M | $24.25M | -$42.04M |
| Depreciation & Amortization | $74.03M | $65.72M | $64.86M | $65.8M | $61.43M | $58.12M | $58.02M |
| Deferred Income Tax | -$74.14M | -$99.56M | -$25.82M | -$17M | -$13.4M | -$2.68M | -$22.19M |
| Stock-Based Compensation | $16.65M | $12.85M | $1.6M | $14.65M | $292.18M | $0 | $0 |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$6.95M | -$13.29M | -$17.93M | -$6.19M | -$895K | $6.09M | -$9.57M |
| Inventory | -$5.98M | $29.87M | -$2.04M | -$61.93M | -$23.46M | $11.17M | -$10.15M |
| Accounts Payable | $6.23M | -$754K | -$15.34M | $9.7M | $18.3M | -$9.61M | $3.9M |
| Other Working Capital | -$13.69M | -$15.22M | -$9.79M | -$48.73M | $369.69M | -$19.98M | $18.15M |
| Total Working Capital Change | -$20.39M | $609K | -$45.1M | -$107.16M | $363.63M | -$12.33M | $2.34M |
| Other Non-Cash Items | $448.37M | $214.67M | -$62.83M | -$88.21M | $30.03M | $3.47M | $3.56M |
| Net Cash from Operating | $238.15M | $188.39M | $193K | -$40.17M | $72.35M | $70.83M | -$305K |
| Investing Activities | |||||||
| Capital Expenditures | -$29.59M | -$15.53M | -$9.44M | -$8.61M | -$9.75M | -$7.5M | -$8.86M |
| Acquisitions | -$62M | -$32.79M | $0 | -$1.64M | -$1.22B | -$1.97M | -$16.31M |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $5.38M | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$15.23M | $0 | -$5.46M | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$106.82M | -$42.94M | -$14.89M | -$10.25M | -$1.23B | -$9.47M | -$25.17M |
| Financing Activities | |||||||
| Debt Repaid | $3.05M | $740K | $387K | - | $703.43M | $45.61M | -$10.39M |
| Common Stock Issuance | $34.45M | $0 | $0 | $0 | $0 | $0 | $12.36M |
| Common Stock Repurchases | -$40.37M | -$14.42M | -$64.07M | -$49.34M | -$60M | $0 | -$12.36M |
| Dividends Paid | $0 | $0 | $0 | $0 | -$60M | $0 | -$12.36M |
| Other Financing Activities | $0 | $23.51M | $0 | $529K | $62M | $0 | $0 |
| Net Cash from Financing | -$8.97M | $8.35M | -$64.45M | -$48.81M | -$761.43M | -$45.61M | $21.03M |
| Forex Effect | $5.11M | -$2.62M | -$320K | $431K | $2.12B | -$3.09M | -$1.69M |
| Net Change in Cash | $127.47M | $151.18M | -$79.47M | -$98.8M | $203.08M | $12.66M | -$6.14M |
| Supplementary Data | |||||||
| Operating Cash Flow | $238.15M | $188.39M | $193K | -$40.17M | $72.35M | $70.83M | -$305K |
| Capital Expenditure | -$29.59M | -$15.53M | -$9.44M | -$8.61M | -$9.75M | -$7.5M | -$8.86M |
| Free Cash Flow | $208.56M | $172.86M | -$9.24M | -$48.78M | $62.6M | $63.33M | -$9.16M |
| Cash at Beginning | $198.46M | $47.28M | $126.75M | $225.55M | $22.48M | $9.82M | $15.96M |
| Cash at End | $325.93M | $198.46M | $47.28M | $126.75M | $225.55M | $22.48M | $9.82M |