Primerica, Inc. is an insurance and financial services company, which uses a hybrid model of direct selling, franchising, and distribution. The Company focuses on the sale of term life insurance, as well as providing other financial products and services including mutual funds, annuities, segregated funds, managed accounts, long-term care insurance, pre-paid legal services, auto insurance, home insurance, credit monitoring and debt management plans.

    Type
    Public
    HQ
    Duluth, US
    Founded
    1977
    Size (employees)
    2,026 (est)
    Primerica was founded in 1977 and is headquartered in Duluth, US
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    Primerica Office Locations

    Primerica has an office in Duluth
    Duluth, US (HQ)
    1 Primerica Pkwy
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    Primerica Financials and Metrics

    Primerica Financials

    Primerica's revenue was reported to be $1.52 b in FY, 2016 which is a 8.1% increase from the previous period.
    USD

    Revenue (Q2, 2017)

    413.7 m

    Net income (Q2, 2017)

    63.1 m

    Market capitalization (5-Feb-2018)

    4.5 b

    Cash (2-Feb-2018)

    154.5 m

    EV

    5.1 b
    Primerica's current market capitalization is $4.5 b.
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Revenue

    1.3 b1.3 b1.4 b1.5 b

    Revenue growth, %

    6%5%8%

    EBIT

    251.2 m

    EBIT margin, %

    20%
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

    Revenue

    319.5 m324.3 m331.1 m339.2 m345.1 m350.9 m355.8 m363 m379.2 m383.6 m405.2 m413.7 m

    Operating expense total

    252.9 m257.5 m255.4 m275.2 m278.3 m274 m280.9 m292.8 m287.4 m295.2 m330.3 m317.3 m

    Interest expense

    8.7 m8.6 m8.6 m8.7 m8.7 m8.6 m8.7 m7.2 m7.2 m7.2 m7.1 m7.1 m

    Pre tax profit

    66.6 m66.8 m75.7 m64 m66.8 m76.8 m75 m70.2 m91.9 m88.4 m74.8 m96.4 m
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Cash

    149.2 m192.5 m152.3 m212 m

    Accounts Receivable

    210.4 m

    Inventories

    2.4 b

    Total Assets

    10.7 b10.6 b11.4 b
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

    Cash

    147.5 m158.4 m150.6 m165 m180.2 m153.9 m160.6 m175.7 m213.1 m195.3 m185.8 m154.5 m

    Accounts Receivable

    226.5 m215.6 m223.9 m

    Inventories

    1.8 b1.9 b1.9 b2.1 b2.1 b2.1 b2.1 b2.2 b2.2 b2.3 b2.5 b2.6 b

    Total Assets

    10.2 b10.4 b10.6 b10.7 b10.7 b10.8 b10.6 b11 b11.2 b11.4 b11.7 b11.9 b
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    181.4 m189.9 m219.4 m

    Depreciation and Amortization

    10.8 m12.3 m11 m14.6 m

    Inventories

    (2.7 m)(17 m)(11 m)15.3 m

    Accounts Payable

    73.1 m(90 m)(50 m)(72.9 m)
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

    Net Income

    43.2 m45.1 m49.3 m41.6 m43.4 m49.2 m135.9 m45.2 m104.5 m162.5 m52.1 m115.2 m

    Depreciation and Amortization

    3.1 m7.1 m10.9 m3.4 m7 m

    Inventories

    (15.1 m)(20.6 m)(13.8 m)(7.5 m)(43.2 m)

    Accounts Payable

    (28.8 m)(17.1 m)(34.9 m)(24.4 m)11.4 m
    USDY, 2017

    EV/CFO

    42.6 x

    Financial Leverage

    9.4 x
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    Primerica Operating Metrics

    FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

    Agents

    98 k98.15 k101.01 k104.70 k106.71 k108.22 k112.37 k115.35 k116.83 k117.91 k121.47 k

    In-Force Policies (Life Insurance)

    2.34 m2.40 m2.49 m

    Locations

    2.70 k2.70 k2.75 k
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