Primerica’s roots date back to 1977 when the company embarked on a revolutionary crusade to transform the life insurance industry. Primerica’s “Buy Term and Invest the Difference” philosophy encourages middle-income families to purchase affordable term life insurance so they can have more money to invest in their family’s future. Today, Primerica has expanded its crusade to address the number one financial disease facing families today: debt. Primerica offers solutions to help families eliminate crippling debt from their household finances and save more of their hard-earned money for the future.

  • Serves 6 million clients in the U.S., Canada, and Puerto Rico
  • More than 100,000 licensed representatives
  • More than 24,000 licensed mutual fund representatives — the largest sales force in North America
  • Securities clients have nearly $25 billion in assets under management through Primerica
  • Placed in force more than $90 billion in life insurance in 2008 
  • An average of $2.6 million in death claim benefits is paid every day
Duluth, US
Size (employees)
2,026 (est)+2%
Primerica was founded in 1977 and is headquartered in Duluth, US

Primerica Office Locations

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

Primerica Metrics

Primerica Financial Metrics

Revenue (2016)

$1.5 b

Revenue growth (2015-16), %


Net income (2016)

$219.4 m

Market capitalization (21-Mar-2017)

$3.7 b

Closing share price (21-Mar-2017)


Cash (31-Dec-2016)

$212 m
Primerica's current market capitalization is $3.7 b.
Primerica's revenue was reported to be $1.5 b in FY, 2016
FY, 2013Y, 2014Y, 2015FY, 2016


$1.3 b$1.3 b$1.4 b$1.5 b

Revenue growth, %


Operating expense total

$1.1 b$1.2 b


$251.2 m

EBIT margin, %


Interest expense

$33.5 m$28.7 m

Pre tax profit

$291 m$337.6 m

Income tax expense

$101.1 m$118.2 m

Net Income

$162.7 m$189.9 m$219.4 m
FY, 2013FY, 2014FY, 2015FY, 2016


$149.2 m$192.5 m$152.3 m$212 m

Accounts Receivable


Total Assets

$10.7 b$10.6 b$11.4 b

Accounts Payable

Total Debt

$749 m$749.1 m$749.2 m$745.8 m

Common Stock

$548 k$522 k$483 k$457 k

Additional Paid-in Capital

$472.6 m$353.3 m$180.3 m$52.5 m

Retained Earnings

$640.8 m$795.7 m$952.8 m$1.1 b

Total Equity

$1.1 b$1.2 b

Debt to Equity Ratio

0.7 x0.6 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

9.3 x9.4 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$181.4 m$189.9 m$219.4 m

Depreciation and Amortization

$10.8 m$12.3 m$11 m$14.6 m

Accounts Receivable

($20 m)


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

Accounts Payable

$73.1 m($90 m)($50 m)($72.9 m)

Cash From Operating Activities

$187.9 m$237.6 m$259.1 m$292.2 m

Purchases of PP&E

$308.9 m($425.9 m)($433.5 m)($386.4 m)

Cash From Investing Activities

$35.5 m($15.6 m)($58.5 m)($47.9 m)

Long-term Borrowings

Dividends Paid

$25.1 m($26.5 m)($32.8 m)($33.4 m)

Cash From Financing Activities

($184.9 m)($175.9 m)($235.3 m)($185.1 m)

Interest Paid

$32.9 m$33.1 m$32.4 m$28 m

Income Taxes Paid

$68.6 m$66.1 m$62.1 m$45.4 m

Primerica Market Value History

Primerica Online Presence

Primerica Company Life

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