PRI financial statements

The full income statement, balance sheet, and cash-flow statement for Primerica Inc. (PRI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 33.8M2024-09 33.4M2024-12 33.3M2025-03 32.9M2025-06 32.4M2025-09 31.9M2025-12 31.7M2026-03 31.2M2026-06 30.8M-9.0% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	3.29B YoY+6.6%	3.09B YoY+12.4%	2.75B YoY+3.4%	2.66B YoY-1.9%	2.71B YoY+22.2%
Cost of revenue	—	—	55.2M YoY-19.3%	68.4M YoY+29.6%	52.8M
Interest expense	—	—	26.6M YoY-2.4%	27.2M YoY-11.0%	30.6M YoY+6.2%
Pre-tax income	975M YoY+3.8%	939M YoY+21.7%	772M YoY+7.4%	719M YoY+11.7%	644M YoY+27.0%
Income tax	223M YoY+1.9%	219M YoY+21.4%	181M YoY+10.1%	164M YoY-2.1%	168M YoY+39.0%
	751M YoY+59.7%	471M YoY-18.4%	577M YoY+22.1%	472M YoY-1.1%	477M YoY+23.6%
Income from continuing operations	751M YoY+4.3%	720M YoY+21.8%	591M YoY+6.6%	555M	—
Discontinued operations	0.00 YoY+100.0%	-250M YoY-1611.9%	-14.6M YoY+83.4%	-87.7M	—
Net income to non-controlling interest	—	—	—	-5.04M YoY-265.9%	-1.38M
Net income to common	749M YoY+4.3%	718M YoY+21.9%	589M YoY+6.6%	552M YoY+16.2%	475M YoY+23.6%
	$22.91 YoY+67.1%	$13.71 YoY-14.0%	$15.94 YoY+29.3%	$12.33 YoY+2.8%	$11.99 YoY+25.3%
EPS (basic)	$22.95 YoY+67.2%	$13.73 YoY-14.0%	$15.97 YoY+29.1%	$12.37 YoY+2.8%	$12.03 YoY+25.3%
	32.6M YoY-4.4%	34.1M YoY-5.0%	36.0M YoY-5.4%	38.0M YoY-3.9%	39.5M YoY-1.3%
	32.7M YoY-4.4%	34.2M YoY-5.1%	36.0M YoY-5.5%	38.1M YoY-3.9%	39.7M YoY-1.3%
Dividends per share	$4.16 YoY+26.1%	$3.30 YoY+26.9%	$2.60 YoY+18.2%	$2.20 YoY+17.0%	$1.88 YoY+17.5%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	756M YoY+9.9%	688M YoY+15.8%	594M YoY+21.4%	489M YoY+24.6%	393M YoY-28.3%
	15.0B YoY+3.0%	14.6B YoY-3.0%	15.0B YoY+2.6%	14.6B YoY-9.6%	16.2B YoY+8.7%
Property, plant & equipment	39.8M YoY-2.3%	40.7M YoY+8.2%	37.6M YoY-28.6%	52.7M YoY-21.4%	67.0M YoY+16.1%
Operating lease right-of-use	41.9M YoY-10.9%	47.0M YoY-8.7%	51.5M YoY+27.2%	40.5M YoY-15.5%	47.9M YoY+3.0%
Goodwill	—	—	128M YoY+0.0%	128M YoY-28.7%	179M
Intangible assets	45.3M YoY+0.0%	45.3M YoY+0.0%	45.3M YoY-75.6%	186M YoY-5.3%	196M YoY+332.5%
Deferred tax assets	132M YoY+7.6%	123M YoY+5.2%	117M YoY+24.5%	93.6M YoY+14.5%	81.8M YoY+18.1%
Deferred revenue	15.5M YoY-0.5%	15.6M YoY+4.9%	14.9M YoY-3.5%	15.4M YoY-6.2%	16.4M YoY-4.1%
	12.6B YoY+2.0%	12.3B YoY-4.9%	13.0B YoY+2.8%	12.6B YoY-10.1%	14.0B YoY+7.4%
Long-term debt	595M YoY+0.1%	595M YoY+0.1%	594M YoY+0.1%	593M YoY+3852.7%	15.0M YoY-96.0%
Operating lease liability (total)	49.6M YoY-10.7%	55.5M YoY-5.8%	58.9M YoY+28.0%	46.0M YoY-14.7%	53.9M YoY+2.1%
Finance lease liability (total)	1.00M YoY+0.1%	1.00M YoY+100.0%	500K YoY-37.5%	800K YoY-20.0%	1.00M YoY+11.1%
Deferred tax liabilities	28.3M YoY-50.9%	57.6M YoY+7.5%	53.6M YoY-67.9%	167M YoY-26.0%	226M YoY+11.6%
	2.45B YoY+8.3%	2.26B YoY+9.3%	2.07B YoY+1.7%	2.03B YoY+119.5%	925M YoY-49.6%
Common stock	318K YoY-4.8%	334K YoY-4.6%	350K YoY-4.9%	368K YoY-6.6%	394K YoY+0.3%
Additional paid-in capital	—	—	—	—	5.22M
Retained earnings	2.42B YoY+8.3%	2.23B YoY-2.0%	2.28B YoY+5.7%	2.15B YoY+7.4%	2.00B YoY+17.5%
Total liabilities & equity	15.0B YoY+3.0%	14.6B YoY-3.0%	15.0B YoY+2.6%	14.6B YoY-9.2%	16.1B YoY+8.2%
	31.8M YoY-4.7%	33.4M YoY-4.7%	35.0M YoY-5.0%	36.8M YoY-6.5%	39.4M YoY+0.2%
	31.8M YoY-4.7%	33.4M YoY-4.7%	35.0M YoY-5.0%	36.8M YoY-6.5%	39.4M YoY+0.2%
	31.7M YoY-4.8%	33.3M YoY-4.6%	34.8M YoY-4.9%	36.6M YoY-6.6%	39.2M YoY-0.3%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	901M YoY+4.5%	862M YoY+24.5%	693M YoY-8.6%	758M YoY+15.3%	657M YoY+2.1%
Depreciation & amortization	19.3M YoY-17.7%	23.4M YoY-26.8%	32.0M YoY-6.5%	34.2M YoY+14.5%	29.8M YoY+68.6%
Share-based compensation	24.6M YoY-1.9%	25.1M YoY+32.6%	18.9M YoY-15.4%	22.4M YoY+32.8%	16.8M YoY-11.5%
Deferred income taxes	-29.6M YoY+7.1%	-31.8M YoY+29.4%	-45.0M YoY+13.9%	-52.3M YoY-1994.4%	2.76M YoY+937.6%
	-236M YoY-1.4%	-232M YoY-157.9%	-90.1M YoY+55.0%	-200M YoY+78.3%	-923M YoY-1625.0%
Acquisitions	0.00	0.00	0.00 YoY+100.0%	-3.87M YoY-100.8%	494M
Sales/maturities of investments	454M YoY+8.0%	421M YoY+59.7%	263M YoY-26.8%	360M YoY-20.8%	454M YoY+5.8%
Other investing activities	26.1M YoY-10.9%	29.2M YoY-13.8%	33.9M YoY+31.4%	25.8M YoY+4.5%	24.7M YoY-10.6%
	-600M YoY-8.8%	-551M YoY-14.9%	-480M YoY-4.8%	-458M YoY-524.0%	108M YoY+135.8%
Long-term debt issued	0.00	0.00	0.00	0.00 YoY-100.0%	597M
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	450M YoY+5.9%	425M YoY+13.3%	375M YoY+5.3%	356M YoY+1800.2%	18.8M YoY-91.9%
Dividends paid	136M YoY+20.6%	113M YoY+20.4%	93.7M YoY+11.9%	83.8M YoY+12.3%	74.6M YoY+16.0%
FX effect on cash	—	—	—	—	3.38M YoY+30.4%
Net change in cash	68.4M YoY-8.4%	74.7M YoY-39.7%	124M YoY+28.1%	96.7M YoY+162.4%	-155M YoY-153.3%
Interest paid	23.1M YoY-4.6%	24.2M YoY-11.2%	27.3M YoY+0.8%	27.1M YoY-20.2%	33.9M YoY+21.7%
Income taxes paid	236M YoY+68.3%	140M YoY-38.3%	227M YoY+27.5%	178M YoY+15.1%	155M YoY+25.6%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	8.18B YoY-9.4%	9.02B YoY+25.2%	7.21B YoY+37.8%	5.23B YoY-13.0%	6.01B YoY+14.1%
P/E	10.9× YoY-43.2%	19.2× YoY+52.0%	12.6× YoY+11.2%	11.3× YoY-10.0%	12.6× YoY-7.7%
P/S	2.5× YoY-14.9%	2.9× YoY+8.1%	2.7× YoY+42.4%	1.9× YoY-14.5%	2.2× YoY-6.6%
P/B	3.3× YoY-16.3%	4.0× YoY+28.2%	3.1× YoY+17.9%	2.6× YoY-59.3%	6.5× YoY+126.5%
P/FCF	98.2× YoY-9.4%	108.3× YoY+25.2%	86.5× YoY+37.8%	62.8× YoY-13.0%	72.2× YoY+14.1%
	9.2% YoY+76.2%	5.2% YoY-34.2%	7.9% YoY-10.1%	8.8% YoY+11.1%	7.9% YoY+8.3%
	1.0% YoY+10.3%	0.92% YoY-20.1%	1.2% YoY-27.4%	1.6% YoY+14.9%	1.4% YoY-12.4%
	1.6% YoY+32.4%	1.2% YoY-3.8%	1.3% YoY-18.5%	1.6% YoY+26.5%	1.2% YoY+2.7%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: PRI's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PRI filings on SEC EDGAR → Not investment advice.