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 Data and Metrics

Primerica Financial Metrics

Primerica's revenue was reported to be $1.5 b in FY, 2016
$, USD

Revenue (FY, 2016)

1.5 b

Revenue growth (FY, 2015 - FY, 2016), %


Net income (FY, 2016)

219.4 m

Market capitalization (23-Jun-2017)

3.4 b

Closing share price (23-Jun-2017)


Cash (31-Dec-2016)

212 m


3.9 b
Primerica's current market capitalization is $3.4 b.
$, USDFY, 2013Y, 2014Y, 2015FY, 2016


1.3 b1.3 b1.4 b1.5 b

Revenue growth, %


Operating expense total

1.1 b1.2 b


251.2 m

EBIT margin, %


Interest expense

33.5 m28.7 m

Pre tax profit

291 m337.6 m

Income tax expense

101.1 m118.2 m

Net Income

162.7 m189.9 m219.4 m
$, USDFY, 2013FY, 2014FY, 2015FY, 2016


149.2 m192.5 m152.3 m212 m

Total Assets

10.7 b10.6 b11.4 b

Total Debt

749 m749.1 m749.2 m745.8 m

Common Stock

548 k522 k483 k457 k

Additional Paid-in Capital

472.6 m353.3 m180.3 m52.5 m

Retained Earnings

640.8 m795.7 m952.8 m1.1 b

Total Equity

1.1 b1.2 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
$, 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

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 m237.6 m259.1 m292.2 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)

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 m33.1 m32.4 m28 m

Income Taxes Paid

68.6 m66.1 m62.1 m45.4 m
$, USDY, 2016


13.5 x


758.4 k


0.6 x


0.1 x

Financial Leverage

9.4 x

Primerica Market Value History

Primerica Online and Social Media Presence

Primerica Company Life and Culture

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