Primo Brands (PRMB)
Consumer Staples · Branded bottled water and hydration beverages
North America's leading branded water company combining premium spring water brands with direct-to-consumer delivery and recurring water cooler services.
What Primo Brands does
Primo Brands is a leading North American branded beverage company focused on healthy hydration, distributing a portfolio of branded water and beverages across retail, away-from-home, and direct-to-consumer channels. The company operates a vertically integrated coast-to-coast distribution network reaching over 200,000 retail outlets, plus direct delivery, exchange, and refill services. Its brands include Poland Spring, Pure Life, Arrowhead, Deer Park, Saratoga, and The Mountain Valley, along with water dispensers and filtration products that drive recurring customer purchases.
Themes: ["bottled water / spring water","branded beverages","direct delivery / last-mile distribution","water coolers / dispensers","sustainable packaging / reusable bottles","subscription / recurring revenue models"]
Fundamentals
- Price$23.64 as of 2026-07-09 close
- Market cap$8.6B as of 2026-07-10
- 1-year return-21.3% as of 2026-07-09 close
- P/E146.14 as of 2026-07-10
- Net margin+0.9% as of 2026-07-10
- Gross margin+31.3% as of 2026-07-10
- ROE+1.9% as of 2026-07-10
- Debt / equity1.74 as of 2026-07-10
- Revenue growth (YoY)+27.7% as of 2026-07-10
- Revenue CAGR (3y)+14.5% SEC XBRL
- Beta0.72 as of 2026-07-10
Dividend: yield +2.0%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Commodity water pricing pressures and competition from low-cost regional and private-label bottled water brands","Supply chain and transportation cost volatility, including fuel costs and labor availability for direct delivery operations","Regulatory and environmental pressures regarding water sourcing, sustainability, and plastic packaging alternatives"]
Competitors & peers
- Nestlé Waters (private/private equity-owned; brands include Perrier, S.Pellegrino)
- The Coca-Cola Company (Dasani, Smartwater)
- PepsiCo (Aquafina)
- Danone (Evian)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.