Primo Water Profit Margin 2010-2024 | PRMB
Current and historical gross margin, operating margin and net profit margin for Primo Water (PRMB) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Primo Water net profit margin as of June 30, 2024 is 13.63%.
| Primo Water Annual Profit Margins |
| Primo Water Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Utilities |
UTIL-WATER SPLY |
$4.304B |
$1.772B |
|
Primo Water Corporation is a leading pure-play water solutions provider in North America and Europe. Primo operates largely under a recurring razor/razorblade revenue model. The razor in Primo's revenue model is its industry leading line-up of sleek and innovative water dispensers, which are sold through major retailers and online at various price points or leased to customers. The dispensers help increase household penetration, which drives recurring purchases of Primo's razorblade offering. Primo's razorblade offering is comprised of Water Direct, Water Exchange, and Water Refill. Primo's water solutions expand consumer access to purified, spring and mineral water to promote a healthier, more sustainable lifestyle while simultaneously reducing plastic waste and pollution. Primo is committed to its water stewardship standards and is proud to partner with the International Bottled Water Association in North America as well as with Watercoolers Europe.
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