Primerica Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.29B | $3.09B | $2.75B | $2.66B | $2.71B | $2.22B | $2.05B | $1.90B |
| Cost of Revenue | — | — | $55.2M | $68.4M | $52.8M | — | — | — |
| Gross Profit | — | — | $2.69B | $2.59B | $2.66B | — | — | — |
| Gross Margin | — | — | 98.0% | 97.4% | 98.1% | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $974.6M | $939.2M | $798.3M | $745.9M | $674.1M | $535.6M | $505.9M | $444.9M |
| Operating Margin | 29.6% | 30.4% | 29.0% | 28.1% | 24.9% | 24.2% | 24.6% | 23.4% |
| Interest Expense | — | — | $26.6M | $27.2M | $30.6M | $28.8M | $28.8M | $28.8M |
| Pretax Income | $974.6M | $939.2M | $771.7M | $718.7M | $643.5M | $506.7M | $477.1M | $416.1M |
| Income Tax Expense | $223.3M | $219.1M | $180.6M | $163.9M | $167.5M | $120.6M | $110.7M | $92.0M |
| Net Income | $751.2M | $470.5M | $576.6M | $472.1M | $477.4M | $386.2M | $366.4M | $324.1M |
| Net Margin | 22.8% | 15.2% | 21.0% | 17.8% | 17.6% | 17.4% | 17.9% | 17.1% |
| EPS (Basic) | $22.95 | $13.73 | $15.97 | $12.37 | $12.03 | $9.60 | $8.65 | $7.35 |
| EPS (Diluted) | $22.91 | $13.71 | $15.94 | $12.33 | $11.99 | $9.57 | $8.62 | $7.33 |
| Shares Outstanding (Basic) | 32.6M | 34.1M | 36.0M | 38.0M | 39.5M | 40.1M | 42.2M | 43.9M |
| Shares Outstanding (Diluted) | 32.7M | 34.2M | 36.0M | 38.1M | 39.7M | 40.2M | 42.3M | 44.0M |
| Dividends Per Share | $4.16 | $3.30 | $2.60 | $2.20 | $1.88 | $1.60 | $1.36 | $1.00 |