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Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

Primerica, Inc. PRI

· Financials · Life Insurance

FY2025 10-K, filed 2026-02-27
SEC EDGAR

Filing evidence summary

Constructive evidenceCoverage 2/5 core metrics

2 filing-based checks were evaluable.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • No current rule-based risk flags

    2 filing-based checks were evaluable.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

  • Revenue expanded

    Latest reported annual revenue changed +6.6% from the prior reported annual observation.

    Why this surfaced

    Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.

  • Free cash flow was positive

    Latest reported free cash flow was $83M.

    Why this surfaced

    Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2011-12-31.

Core trend metrics

Latest annual revenue growth
+6.6%
as of 2025-12-31
Free cash flow
$83M
as of 2011-12-31

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

0of 2 rule-based checks flagged

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-09-06
Latest period end
2025-12-31
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2025-12-3110-K filed 2026-02-27prior period 2024-12-31 from the same filingView filing
By business segment
Revenue
  • Term Life Insurance Segment Revenues$1.82B
    55.3%
    +2.9% yoy
  • Investment And Savings Products Segment Revenues$1.25B
    37.9%
    +18.1% yoy
  • Corporate And Other$224M
    6.8%
    -15.3% yoy

Members sum to the consolidated $3.29B for this period.

By geography
Revenue
  • United States$2.85B
    86.6%
    +5.8% yoy
  • Canada$441M
    13.4%
    +11.6% yoy

Members sum to the consolidated $3.29B for this period.

Latest quarter
Quarter ending 2026-03-3110-Q filed 2026-05-07prior period 2025-03-31 from the same filingView filing
  • Term Life Insurance Segment Revenues$465M
    53.2%
    +1.5% yoy
  • Investment And Savings Products Segment Revenues$351M
    40.2%
    +20.6% yoy
  • Corporate And Other$57.4M
    6.6%
    +2.2% yoy

Change is against the same quarter a year earlier, as reported in the same 10-Q.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

latest fiscal year ending 2025-12-31 · among 4,122 US-listed filers · 907 in Financials
MetricValuevs all filersvs sector
Revenue
latest fiscal-year revenue as filed
$3.3B
75thof 3,301
top third
82ndof 541
top third
Revenue growth
latest fiscal-year revenue vs the prior fiscal year
6.6%
51stof 3,135
middle third
48thof 518
middle third
Stock comp ÷ revenue
stock-based compensation ÷ revenue · lower is ranked higher
0.8%
76thof 2,895
top third
87thof 422
top third
Balance-sheet accrual ratio
change in net operating assets ÷ average net operating assets · lower is ranked higher
7.3%
44thof 3,059
middle third
51stof 734
middle third

Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.

Earnings quality

latest fiscal year ending 2025-12-31 · accruals and cash conversion as filed
Cash conversion
-
operating cash flow ÷ net income, latest fiscal year
Cash-flow accrual ratio
-
(net income − operating cash flow) ÷ average total assets
Balance-sheet accrual ratio
7.3%
change in net operating assets ÷ average net operating assets
Cash-backed years
4 of 4
fiscal years where operating cash flow met or exceeded net income
Mean cash conversion
1.50×
across the stored fiscal years with positive net income

Per fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.

Point-in-time ledger

first-reported vs latest filing · periods since 2020-01-01 · 24 changed periods
Line itemPeriodFirst reportedLatest filingChangeFilings
Intangibles
IntangibleAssetsNetExcludingGoodwill
balance at 2023-12-31$175M
10-K 2024-02-28
$45.3M
10-K 2025-02-28
-74.1%first · latest · 5 filings carry it
Stockholders' equity
StockholdersEquity
balance at 2021-12-31$2.08B
10-K 2022-03-01
$925M
10-K 2024-02-28
-55.6%first · latest · 9 filings carry it
Net income
NetIncomeLoss
quarter 2022-09-30$51.8M
10-Q 2022-11-09
$79.6M
10-Q 2023-11-08
+53.6%first · latest
Net income
NetIncomeLoss
quarter 2022-03-31$81.4M
10-Q 2022-05-06
$115M
10-Q 2023-05-09
+41.3%first · latest
Net income
NetIncomeLoss
fiscal year 2021-12-31$373M
10-K 2022-03-01
$477M
10-K 2024-02-28
+27.9%first · latest · 3 filings carry it
Net income
NetIncomeLoss
fiscal year 2022-12-31$373M
10-K 2023-02-28
$472M
10-K 2025-02-28
+26.6%first · latest · 3 filings carry it
Stockholders' equity
StockholdersEquity
balance at 2022-03-31$1.93B
10-Q 2022-05-06
$1.43B
10-Q 2023-05-09
-25.5%first · latest
Stockholders' equity
StockholdersEquity
balance at 2022-09-30$1.62B
10-Q 2022-11-09
$1.98B
10-Q 2023-11-08
+22.2%first · latest
Net income
NetIncomeLoss
quarter 2022-06-30$108M
10-Q 2022-08-09
$128M
10-Q 2023-08-08
+18.5%first · latest
Stockholders' equity
StockholdersEquity
balance at 2022-12-31$1.72B
10-K 2023-02-28
$2.03B
10-K 2025-02-28
+18.0%first · latest · 6 filings carry it
Total liabilities
Liabilities
balance at 2022-12-31$13.6B
10-K 2023-02-28
$12.6B
10-K 2024-02-28
-7.5%first · latest · 5 filings carry it
Total assets
Assets
balance at 2022-12-31$15.3B
10-K 2023-02-28
$14.6B
10-K 2024-02-28
-4.6%first · latest · 5 filings carry it
Cash
CashAndCashEquivalentsAtCarryingValue
balance at 2023-12-31$613M
10-K 2024-02-28
$594M
10-K 2025-02-28
-3.1%first · latest · 5 filings carry it
Revenue
Revenues
quarter 2023-03-31$690M
10-Q 2023-05-09
$671M
10-K 2025-02-28
-2.7%first · latest · 3 filings carry it
Net income
NetIncomeLoss
quarter 2023-03-31$125M
10-Q 2023-05-09
$128M
10-Q 2024-05-07
+2.4%first · latest
Revenue
Revenues
fiscal year 2023-12-31$2.82B
10-K 2024-02-28
$2.75B
10-K 2026-02-27
-2.4%first · latest · 3 filings carry it
Revenue
Revenues
fiscal year 2022-12-31$2.72B
10-K 2023-02-28
$2.66B
10-K 2025-02-28
-2.3%first · latest · 3 filings carry it
Revenue
Revenues
quarter 2023-06-30$688M
10-Q 2023-08-08
$673M
10-K 2025-02-28
-2.2%first · latest · 3 filings carry it
Revenue
Revenues
quarter 2023-09-30$711M
10-Q 2023-11-08
$697M
10-K 2025-02-28
-1.9%first · latest · 3 filings carry it
Stockholders' equity
StockholdersEquity
balance at 2022-06-30$1.78B
10-Q 2022-08-09
$1.81B
10-Q 2023-08-08
+1.9%first · latest
Revenue
Revenues
quarter 2024-06-30$803M
10-Q 2024-08-08
$791M
10-Q 2025-08-07
-1.6%first · latest · 3 filings carry it
Stockholders' equity
StockholdersEquity
balance at 2023-03-31$1.92B
10-Q 2023-05-09
$1.95B
10-Q 2024-05-07
+1.3%first · latest
Revenue
Revenues
quarter 2024-03-31$743M
10-Q 2024-05-07
$736M
10-Q 2025-05-08
-0.9%first · latest · 3 filings carry it
Share repurchases
PaymentsForRepurchaseOfCommonStock
fiscal year 2024-12-31$428M
10-K 2025-02-28
$425M
10-K 2026-02-27
-0.8%first · latest

First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.

Notes by disclosure type

Not available for PRI yet: no footnote text blocks on file for this filer in the ingested DERA files.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.