Company Quick10K Filing
Primerica
10-Q 2020-03-31 Filed 2020-05-01
10-K 2019-12-31 Filed 2020-02-28
10-Q 2019-09-30 Filed 2019-11-07
10-Q 2019-06-30 Filed 2019-08-08
10-Q 2019-03-31 Filed 2019-05-08
10-K 2018-12-31 Filed 2019-02-26
10-Q 2018-09-30 Filed 2018-11-07
10-Q 2018-06-30 Filed 2018-08-08
10-Q 2018-03-31 Filed 2018-05-09
10-K 2017-12-31 Filed 2018-02-26
10-Q 2017-09-30 Filed 2017-11-08
10-Q 2017-06-30 Filed 2017-08-09
10-Q 2017-03-31 Filed 2017-05-10
10-K 2016-12-31 Filed 2017-02-27
10-Q 2016-09-30 Filed 2016-11-09
10-Q 2016-06-30 Filed 2016-08-09
10-Q 2016-03-31 Filed 2016-05-05
10-K 2015-12-31 Filed 2016-02-25
10-Q 2015-09-30 Filed 2015-11-05
10-Q 2015-06-30 Filed 2015-08-06
10-Q 2015-03-31 Filed 2015-05-07
10-K 2014-12-31 Filed 2015-02-26
10-Q 2014-09-30 Filed 2014-11-05
10-Q 2014-06-30 Filed 2014-08-07
10-Q 2014-03-31 Filed 2014-05-06
10-K 2013-12-31 Filed 2014-02-27
10-Q 2013-09-30 Filed 2013-11-07
10-Q 2013-06-30 Filed 2013-08-07
10-Q 2013-03-31 Filed 2013-05-08
10-K 2012-12-31 Filed 2013-02-27
10-Q 2012-09-30 Filed 2012-11-08
10-Q 2012-06-30 Filed 2012-08-08
10-Q 2012-03-31 Filed 2012-05-08
10-K 2011-12-31 Filed 2012-02-28
10-Q 2011-09-30 Filed 2011-11-08
10-Q 2011-06-30 Filed 2011-08-09
10-Q 2011-03-31 Filed 2011-05-12
10-K 2010-12-31 Filed 2011-03-17
10-Q 2010-09-30 Filed 2010-11-12
10-Q 2010-06-30 Filed 2010-08-16
10-Q 2010-03-31 Filed 2010-05-17
8-K 2020-05-13 Shareholder Vote
8-K 2020-04-29 Earnings, Regulation FD, Exhibits
8-K 2020-02-11 Earnings, Regulation FD
8-K 2019-11-06 Earnings, Regulation FD
8-K 2019-10-01
8-K 2019-08-07 Earnings, Regulation FD
8-K 2019-05-16 Shareholder Vote
8-K 2019-05-07 Earnings, Regulation FD, Exhibits
8-K 2019-02-07 Earnings, Regulation FD, Exhibits
8-K 2018-11-06 Earnings, Regulation FD, Exhibits
8-K 2018-08-07 Earnings, Regulation FD, Exhibits
8-K 2018-05-16 Shareholder Vote
8-K 2018-05-08 Earnings, Regulation FD, Exhibits
8-K 2018-02-07 Earnings, Regulation FD, Exhibits

Primerica Financials

PRI Metrics, Comps, Filings

Quarterly | Annual

Business

Primerica, Inc. ("Primerica", "we", "us" or the "Parent Company") is a leading provider of financial products to middle-income households in the United States and Canada with 130,736 licensed sales representatives as of December 31, 2018. This network of independent contractor sales representatives ("sales representatives" or "sales force") assists our clients in meeting their needs for term life insurance, which we underwrite, and mutual funds, annuities, managed investments and other financial products, which we distribute primarily on behalf of third parties. We insured approximately five million lives and have over two million client investment accounts as of December 31, 2018. Our distribution model uniquely positions us to reach underserved middle-income consumers in a cost-effective manner and has proven itself in both favorable and challenging economic environments.

Our mission is to serve middle-income families by helping them make informed financial decisions and providing them with a strategy and tools to gain financial independence. Our distribution model is designed to:

- Address our clients' financial needs. Licensed sales representatives primarily use our proprietary financial needs analysis tool ("FNA") and an educational approach to demonstrate how our product offerings can assist clients to provide financial protection for their families, save for their retirement and other needs, and manage their debt. Typically, our clients are the friends, family members and personal acquaintances of sales representatives. Meetings are generally held in informal, face-to-face settings, usually in the clients' homes.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Reinsurance Group of America (RGA) 10,190 0% 10.0 1% 75,774 64,250 13,935 0 745 1,097 10,936
Torchmark (TMK) 9,989 20% 11.7 7% 23,469 17,931 4,296 844 1,564 964 11,299
Voya Financial (VOYA) 8,132 0% 11.5 0% 166,850 155,639 8,962 0 641 849 9,798
Primerica (PRI) 5,494 0% 10.6 3% 13,452 11,844 2,008 0 359 498 5,256
Brighthouse Financial (BHF) 4,625 0% 2.4 1% 225,876 208,116 10,274 0 1,776 1,979 4,701
American National Insurance (ANAT) 3,277 0% 7.0 1% 28,519 22,687 3,532 0 346 405 2,841
Genworth Financial (GNW) 2,280 0% 3.7 1% 105,653 89,508 8,393 0 632 1,089 3,995
American Equity Investment Life Holding (AEL) 2,213 0% 9.7 0% 68,330 64,203 1,900 0 80 111 1,074
FGL (FG) 1,740 0% 4.4 0% 36,117 33,542 1,339 0 134 171 750
FBL Financial Group (FFG) 1,476 0% 10.9 1% 10,429 8,914 785 0 126 143 1,560
Primus Guaranty (PRS) 909 -0% -8.6 -20% 586 641 -110 0 -119 -115 994
Independence Holding (IHC) 582 0% 18.2 2% 1,064 587 284 0 22 31 560
GWG Holdings (GWGH) 323 0% 9.1 -4% 1,561 1,355 71 0 -56 27 249
Atlantic American (AAME) 58 0% -51.8 -0% 383 267 146 0 -2 -0 22
Federal Life Group (FLF) 45 0% -111.3 -0% 287 230 5 0 -0 -0 16
National Security Group (NSEC) 29 0% 28.2 0% 154 102 50 0 0 1 32
Prudential Financial (PJH)
Sun Life Financial (SLF)
Manulife Financial Corp (MFC)
Aegon NV (AEB) 0% 392,633 370,065 0 0 0 0 -3,725

Balance Sheet ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash114154136156108186112203118147149158151165193180154161152176213195212186154177280191159225262280245238
Accounts Receivable
Inventory
PP&E96113921019499112
Assets10,17010,0089,99910,0749,95110,43410,33810,43310,00510,20010,33010,38810,59410,74310,73810,72410,78110,56310,61211,01311,20511,36911,43911,67011,94512,20712,46112,49312,49712,70812,59513,07713,31813,452
Accounts Payable
Long-Term Debt375
Liabilities8,6238,4368,5768,6878,6749,0979,0629,1258,8599,0049,1089,1359,2919,4489,4939,4859,5849,4169,4669,8409,99710,14810,21810,42310,67610,92611,04211,06611,09611,26411,13411,55511,73211,844
Stockholders' Equity1,5471,5721,4231,3871,2771,3371,2751,3081,1461,1961,1731,2071,2211,2211,2461,2691,2811,4191,4271,4011,4431,4621,5211,5861,608
Income Statement ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue275276276287311299305308312319327324331339345345351356354363379384394405414427443460468485487495505521
Cost of Revenue
Gross Profit
R&D
SG&A
Tax2423222226252121242320232622242328262425333030233334-6017272621233029
Net Income444141424746403943433745574245434949484559585752636716866878587799796
Cash Flow ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating1880-1629951364-123897383362-196619561183569615367901794612166119136
Cash Investing221043295-72123595-4-90-4-13-10116-273332-984817-29-34-45-1-49-72-1025-82-58
Cash Financing-2-202-2-16453-98-9-167-5-5-23-28-37-88-50-79-79-28-61-48-49-45-54-67-27-63-45-75-72-85