PRMBNYSEBeveragesUS GAAP · USD

Primo Brands Corp

Primo Brands Corp is a U.S.-based branded beverage company focused on bottled water, water dispensers, and related hydration products across North America. Its portfolio includes spring, purified, premium, flavored, and enhanced beverages sold through retail, direct delivery, exchange, refill, and filtration channels.

Liikevaihto6 664milj. USD
+29,3 %v/v
Liikevoitto (EBIT)430milj. USD
+19,5 %v/v
EBIT-marginaali6,5%
−0,5 %-yks.v/v
Nettotulos60,1milj. USD
+466,5 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2022–2025

02 0004 0006 0008 000milj. USD2022: 4 441 milj. USD2022: EBIT 23 milj. USD20222023: 4 699 milj. USD2023: EBIT 406 milj. USD20232024: 5 153 milj. USD2024: EBIT 360 milj. USD20242025: 6 664 milj. USD2025: EBIT 430 milj. USD20256 664430
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Branded water55 %

Spring, purified, and premium bottled water sold under national and regional brands.

Dispensers and multi-use systems15 %

Water dispensers and reusable bottle systems that support recurring consumption.

Direct delivery15 %

Home and business delivery of water and hydration products.

Exchange and refill10 %

Retail exchange bottles and self-service refill station offerings.

Filtration and other hydration products5 %

Water filtration units and smaller beverage extensions such as flavored drinks.

Tuotteet

Raportoitu · osuus liikevaihdosta
49,8%31,5%11,5%FY2025100 %
  • Regional Spring Water49,8 %
  • Purified Water31,5 %
  • Other11,5 %
  • Premium Water5,3 %
  • Other Water1,9 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Primo Brands sells to mass retail channels, grocery, drug, wholesale, and convenience stores, as well as away-from-home accounts such as hotels, hospitals, and food service customers. It also serves residential and commercial customers directly through delivery, exchange, refill, and filtration offerings. The business depends on repeat household consumption and on large retail partners that provide broad shelf access and recurring volume.

Retail chains

Large national and regional retailers buy branded water for shelf sales and household demand.

Direct delivery households and businesses

Homes and offices buy delivered water, dispensers, and filtration for recurring hydration needs.

Away-from-home accounts

Hotels, hospitals, and food service customers buy packaged water for on-site consumption.

Exchange and refill users

Consumers buy reusable bottles and refill services for convenience and lower waste.

Strategia

Primo Brands is focused on using its national brand portfolio and vertically integrated network to serve hydration occasions across retail, direct delivery, exchange, refill, and filtration. Its strategy centers on broad channel coverage, reusable packaging, and operational coordination across manufacturing, logistics, and sourcing to support recurring demand and service reliability.

Broaden omnichannel hydration coverageKeskipitkä aikaväli

Serving retail, direct-to-consumer, and away-from-home channels increases reach and repeat purchase frequency.

Strengthen brand and package innovationKeskipitkä aikaväli

Recognizable brands and reusable packaging help maintain shelf presence and consumer loyalty.

Improve network efficiencyLyhyt aikaväli

A large distributed water business depends on efficient sourcing, routing, and branch operations.

Maantiede

Primo Brands operates across the United States and Canada, with distribution in every U.S. state and a North American footprint. Its manufacturing, spring-source, and branch network is built to support coast-to-coast delivery and local service coverage, which is important for freshness, logistics efficiency, and access to water sources.

Riskit

The business is exposed to water-source access, regulatory oversight, and supply-chain dependence on packaging materials such as PET resin, glass, aluminum, and recycled plastic. It also faces concentration with large retail customers, integration complexity from combining businesses, and cybersecurity and technology risks tied to a distributed delivery and customer-service model.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Integration and operating complexity1Water source access and water rights2Customer concentration3Packaging and input cost inflation4Cybersecurity and data protection5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Integration and operating complexityVaikutus: KorkeaTodennäköisyys: Korkea

    Combining larger networks, systems, and cultures can disrupt supply chain and service levels.

    KohdistuuManufacturingLogisticsITSales operations
  2. Water source access and water rightsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company depends on springs and water access to supply bottled water and dispenser programs.

    Kohdistuu: Spring water and regional bottling operations

  3. Customer concentrationVaikutus: KorkeaTodennäköisyys: Matala

    A small number of large retail customers can represent a meaningful share of sales and receivables.

    Kohdistuu: Retail and wholesale channels

  4. Packaging and input cost inflationVaikutus: KeskitasoTodennäköisyys: Korkea

    PET resin, glass, aluminum, and rPET availability and pricing affect product economics.

    Kohdistuu: Bottled water and packaging-intensive products

  5. Cybersecurity and data protectionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Delivery, payment, and customer data create exposure to cyberattacks and system outages.

    Kohdistuu: Direct delivery and digital customer platforms

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition across channels

Different sales models can recognize revenue at different points in time and affect quarterly comparability.

Vaikutus: Retail, direct delivery, exchange, refill, and filtration

Goodwill and intangible assets

The combined company likely carries significant acquired brand and goodwill balances that require impairment testing.

Vaikutus: Reported equity and operating results

Lease accounting

A distributed network of branches, plants, and facilities creates material right-of-use assets and lease liabilities.

Vaikutus: Balance sheet leverage and operating expense presentation

Derivative and hedge accounting

Foreign exchange contracts used to hedge euro notes can create mark-to-market volatility in earnings or OCI.

Vaikutus: Interest expense, other income, and equity

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026