Perimeter Solutions SA

Perimeter Solutions SA

PRM · NYSE · Basic Materials / Specialty Chemicals

29.36USD-0.27 (-0.91%)

Price History

Full chart

Market Stats

Previous Close29.63
Open29.68
Day Range28.77 – 29.72
52-Week Range19.70 – 38.17
Volume1.05M
Market Cap4.76B
P/E (TTM)0.00
Forward P/E17.86
EPS-2.22
Dividend Yield0.00%
Beta1.90
50-Day Avg32.50
200-Day Avg29.68

About

Perimeter Solutions, Inc. manufactures and supplies firefighting products, electronic components, lubricant additives, and engineered machinery in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers. The Specialty Products segment develops, produces, and markets products for non-fire safety markets, including phosphorus pentasulfide based lubricant additives used in pesticide and mining chemicals applications, and electric battery technologies. This segment also offers engineered machinery and associated aftermarket consumables parts, and services, as well as original equipment manufacturing, and automation solutions for medical devices such as complex catheters, guidewires and microcoils, as well as aftermarket parts, services, and consumables. In addition, it also manufactures and installs fire and security alarm systems. The company was founded in 1963 and is headquartered in Clayton, Missouri.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Haitham R. Khouri
  • Employees356
  • Headquarters8000 Maryland Avenue, Clayton, MO, United States, 63105, USA
  • Websitehttps://www.perimeter-solutions.com

Leadership

  • Mr. Haitham R. KhouriCEO & Director · b. 1981
  • Mr. Kyle SableCFO & Principal Accounting Officer · b. 1982
  • Ms. Noriko YokozukaGeneral Counsel, Corporate Secretary, Chief Administrative & Compliance Officer · b. 1977
  • Mr. Jeffrey A. EmeryPresident of Fire Safety · b. 1976
  • Mr. Grant William BowmanPresident of Specialty Products · b. 1980
  • Mr. Seth BarkerHead of Investor Relations and VP of Financial Planning & Analysis
  • Mr. Shannon HornBusiness Director of North America Retardant & Services · b. 1975

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue239.31M339.58M362.34M360.50M322.11M560.97M652.86M
Growth (%)-+41.90%+6.70%-0.51%-10.65%+74.16%+16.38%
Cost of Revenue155.43M177.53M189.72M231.85M193.81M243.88M277.71M
Gross Profit83.88M162.04M172.62M128.65M128.29M317.09M375.15M
Gross Margin35.05%47.72%47.64%35.69%39.83%56.52%57.46%
Operating Expense89.66M90.57M772.75M-1.41M33.84M320.85M576.08M
Operating Income-5.78M71.48M-600.13M130.06M94.45M-3.77M-200.93M
Operating Margin-2.41%21.05%-165.63%36.08%29.32%-0.67%-30.78%
EBITDA53.25M129.59M-529.53M205.61M200.04M59.32M-123.08M
EBITDA Margin22.25%38.16%-146.14%57.03%62.10%10.57%-18.85%
Net Income-42.04M24.25M-661.52M91.76M67.49M-5.91M-206.37M
Net Income Margin-17.57%7.14%-182.57%25.45%20.95%-1.05%-31.61%
Interest Expense51.66M42.02M45.44M42.59M41.38M40.46M39.13M
Interest Expense % of Total Revenue21.58%12.37%12.54%11.81%12.85%7.21%5.99%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.15B1.14B2.59B2.46B2.32B2.42B2.65B
Total Liabilities883.09M846.78M1.50B1.32B1.16B1.26B1.52B
Total Equity262.39M291.42M1.09B1.14B1.15B1.16B1.13B
Cash9.82M22.48M225.55M126.75M47.28M198.46M325.93M
Total Debt729.87M687.27M835.09M684.30M689.70M692.74M707.09M
Net Debt720.04M664.79M438.57M557.55M642.42M494.28M381.17M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-305.00K70.83M72.35M-40.17M193.00K188.39M238.15M
Investing Cash Flow-25.17M-9.47M-1.23B-10.25M-14.89M-42.94M-106.82M
Financing Cash Flow21.03M-45.61M-761.43M-48.81M-64.45M8.35M-8.97M
Capital Expenditure8.86M7.50M9.75M8.61M9.44M15.53M29.59M
Free Cash Flow-9.16M63.33M62.60M-48.78M-9.24M172.86M208.56M
Dividends Paid12.36M060.00M00--
FCF to OCF3004.59%89.41%86.52%121.44%-4788.60%91.76%87.57%
Dividend Paid to FCF-134.88%0.00%95.85%0.00%0.00%--

Earnings

Report DateMar 31, 2020Jun 30, 2020Sep 30, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Nov 10, 2021Mar 31, 2022May 9, 2022Aug 5, 2022Nov 4, 2022Feb 28, 2023May 10, 2023Aug 3, 2023Nov 9, 2023Feb 22, 2024May 9, 2024Aug 1, 2024Nov 12, 2024Feb 20, 2025May 8, 2025Aug 7, 2025Oct 30, 2025Feb 26, 2026May 6, 2026Jul 31, 2026Oct 29, 2026
EPS Estimate0.000.000.000.000.000.00--0.18-0.13-0.070.12-0.13-0.15-0.050.16-0.12-0.140.020.62-0.060.010.280.680.090.020.430.92
EPS Actual-0.21-0.210.99-0.21-0.210.98-0.04-0.18-0.120.040.19-0.38-0.10-0.030.18-0.08-0.070.16-0.610.130.030.390.820.130.060.35-
Surprise--------0.11%7.69%157.14%58.33%-192.31%33.33%40.00%12.50%33.33%50.00%700.00%-199.03%321.84%200.00%39.29%20.59%44.44%200.00%-18.60%-
Timing-------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap4.76B
Enterprise Value5.81B
Trailing P/E0.00
Forward P/E17.86
Price / Sales6.29
Price / Book4.77
EPS-2.22
Book Value6.24
Revenue (TTM)757.07M
Gross Profit (TTM)414.16M
EBITDA-277.48M
Profit Margin-44.86%
Operating Margin-94.95%
Return on Equity-30.87%
Return on Assets-8.13%
Shares Outstanding163.69M
Shares Float149.48M
Beta1.90
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 43.75
  • Strong Buy
    1
  • Buy
    1

Ownership Breakdown

Institutions
87.04%
Insiders
9.04%
Retail / Other
3.92%

Top Institutional Holders

  • WINDACRE PARTNERSHIP LLC
    16.15M9.87%
  • Principal Financial Group Inc
    14.01M8.56%
  • BlackRock Inc
    10.83M6.62%
  • FMR Inc
    9.04M5.52%
  • Vanguard Capital Management, LLC
    6.18M3.77%
  • Dimensional Fund Advisors, Inc.
    4.32M2.64%
  • HHG PLC
    4.01M2.45%
  • DF Dent & Co Inc
    3.93M2.40%
  • Geode Capital Management, LLC
    3.80M2.32%
  • State Street Corp
    3.24M1.98%
  • JPMorgan Chase & Co
    2.81M1.71%
  • BALANCE CAPITAL PARTNERS L.P.
    2.74M1.67%
  • Brown Brothers Harriman & Co
    2.61M1.59%
  • Senator Investment Group LP
    2.37M1.45%
  • Morgan Stanley - Brokerage Accounts
    1.88M1.15%

Top Fund Holders

  • Principal MidCap R5
    9.76M5.96%
  • Vanguard MStar Total Stk Mkt Idx Invest
    4.67M2.85%
  • iShares Russell 2000 ETF
    3.87M2.36%
  • Janus Henderson Venture D
    2.23M1.36%
  • Fidelity Low-Priced Stock
    2.21M1.35%

Dividends

20112×
0.07May 5, 20110.07Mar 10, 2011
20104×
0.07Nov 4, 20100.07Aug 12, 20100.07May 6, 20100.07Mar 11, 2010
20094×
0.07Nov 12, 20090.07Aug 13, 20090.07May 14, 20090.07Mar 19, 2009
20084×
0.07Nov 17, 20080.07Aug 14, 20080.07May 15, 20080.07Mar 13, 2008
20071×
2.15Aug 30, 2007

Stock Splits

  • Aug 2, 20071:6