Primerica
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Primerica's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $2,815,691,000. The net income raised on $576,601,000 and profit margin reached 20%. Total operating expenses were $692,904,000.
Profit Margin
| 2014 | 1.34B | 181.41M | 13.54% |
|---|---|---|---|
| 2015 | 1.40B | 189.87M | 13.51% |
| 2016 | 1.51B | 219.41M | 14.44% |
| 2017 | 1.68B | 350.25M | 20.74% |
| 2018 | 1.89B | 324.09M | 17.06% |
| 2019 | 2.05B | 366.39M | 17.85% |
| 2020 | 2.21B | 386.16M | 17.41% |
| 2021 | 2.70B | 373.35M | 13.78% |
| 2022 | 2.72B | 373.01M | 13.71% |
| 2023 | 2.81B | 576.60M | 20.48% |
PRI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.81B | 2.72B | 2.70B | 2.21B | 2.05B | 1.89B | 1.68B | 1.51B | 1.40B | 1.34B |
Cost of revenue | 336.64M | 320.39M | 296.85M | 245.19M | 237.14M | 229.60M | 189.3M | 181.61M | 174.36M | 174.36M |
Gross profit | 2.47B | 2.39B | 2.41B | 1.97B | 1.81B | 1.67B | 1.49B | 1.33B | 1.23B | 1.16B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 457.44M | 462.76M | 522.30M | 376.63M | 357.19M | 335.38M | 297.98M | 272.81M | 274.89M | 268.77M |
Total operating expenses | 692.90M | 320.39M | -2.27B | -1.77B | -1.63B | -1.45B | -1.09B | 1.11B | 984.42M | 985.83M |
Operating income | 1.78B | 526.02M | 437.97M | 445.66M | 421.58M | 444.89M | 408.00M | 219.41M | 179.83M | 179.83M |
Other income (expenses), net | -1.03B | -32.27M | 73.19M | -1.20B | 55.52M | 56.98M | -675.01M | 50.57M | 101.11M | 95.88M |
Income before tax | 751.68M | 493.74M | 511.17M | 506.73M | 477.11M | 416.08M | 379.51M | 337.59M | 290.98M | 275.72M |
Income tax expense | 175.07M | 125.77M | 139.19M | 120.56M | 110.72M | 91.99M | 29.26M | 118.18M | 101.11M | 95.88M |
Net income | 576.60M | 373.01M | 373.35M | 386.16M | 366.39M | 324.09M | 350.25M | 219.41M | 189.87M | 181.41M |
Earnings per share | ||||||||||
Basic EPS | 15.97 | 9.82 | 9.44 | 9.6 | 8.65 | 7.39 | 7.63 | 4.59 | 3.7 | 3.29 |
Diluted EPS | 15.94 | 9.79 | 9.42 | 9.57 | 8.62 | 7.37 | 7.61 | 4.59 | 3.7 | 3.29 |
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