Primerica, Inc. (PRI) intrinsic value & 10-year financials
Primerica, Inc. (PRI) has a Graham intrinsic value of $760.97 per share. At $282.64 on Oct 17, 2026, the stock trades 63% below that value. Over the last 10 fiscal years revenue grew 9.0% a year to $3.3B, with an average return on invested capital of 22.7%.
- Graham intrinsic value
- $760.97
- Share price (Oct 17, 2026)
- $282.64
- Price vs Graham value
- 63% below
- Market cap
- $9.2B
- Revenue (FY2025)
- $3.3B
- Revenue growth (10-yr CAGR)
- 9.0%
- ROIC (10-yr avg)
- 22.7%
- Free cash flow (FY2025)
- —
PRI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $3.3B | $751.2M | $22.91 | — | — | — |
| FY2024 | $3.1B | $470.5M | $13.71 | — | — | — |
| FY2023 | $2.8B | $576.6M | $15.94 | — | — | — |
| FY2022 | $2.7B | $373.0M | $9.74 | — | — | — |
| FY2021 | $2.7B | $373.4M | $9.38 | — | — | — |
| FY2020 | $2.2B | $386.2M | $9.57 | — | — | — |
| FY2019 | $2.1B | $366.4M | $8.62 | — | — | — |
| FY2018 | $1.9B | $324.1M | $7.33 | — | — | — |
| FY2017 | $1.7B | $350.3M | $7.61 | — | — | — |
| FY2016 | $1.5B | $219.4M | $4.59 | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Primerica, Inc. is a consistent compounder, expanding top-line revenue at 9.0% annually over the past decade.
Primerica, Inc. 10-year average ROIC is N/A; capital efficiency cannot be assessed from the available history.
Over the decade, Primerica, Inc. shows that management has aggressively returned capital to shareholders by retiring 31.1% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Primerica, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $760.97 per share.