← Back to All US Stocks

Perimeter Solutions, Inc. (PRM) Fundamental Analysis & AI Grade 2026

PRM NYSE Chemicals & Allied Products CIK: 0001880319
Updated This Month • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
65% Confidence
N/A
C
65% Conf
Pending
Analysis scheduled

📊 PRM Key Takeaways

Revenue: $125.1M
Net Margin: 58.3%
Free Cash Flow: $-94.8M
Current Ratio: 3.09x
Debt/Equity: 1.00x
EPS: $0.44
AI Grade: C with 65% confidence
Perimeter Solutions, Inc. (PRM) receives a C fundamental grade with 65% confidence from our AI analysis based on SEC 10-K filings. With revenue of $125.1M, net profit margin of 58.3%, and return on equity (ROE) of 6.1%, Perimeter Solutions, Inc. demonstrates mixed fundamentals in the Materials sector. Below is our complete PRM stock analysis for 2026.

Is Perimeter Solutions, Inc. (PRM) a Good Investment?

Claude

Despite impressive operating margins (58%) and revenue growth (16.4%), Perimeter Solutions is burning substantial cash with operating cash flow of -$89M and free cash flow of -$94.8M, indicating a critical disconnect between reported profitability and actual economic performance. The 3,325% YoY EPS decline combined with consistently negative cash generation suggests either significant working capital deterioration, accounting adjustments inflating net income, or underlying operational distress that fundamentals do not reflect.

Perimeter Solutions, Inc. Key Strengths (PRM)

Claude
  • + Strong revenue growth of 16.4% YoY demonstrates market demand
  • + Exceptional operating margin of 58% and net margin of 58.3% indicate efficient cost structure
  • + Excellent liquidity with current ratio of 3.09x and quick ratio of 1.61x provides short-term financial flexibility

PRM Stock Risks: Perimeter Solutions, Inc. Investment Risks

Claude
  • ! Operating cash flow of -$89M starkly contradicts reported profitability, signaling unsustainable business model or major working capital drain
  • ! Negative free cash flow of -$94.8M indicates company cannot self-fund operations and must rely on external financing
  • ! EPS collapsed 3,325% YoY amid unclear circumstances; combined with N/A net income YoY change suggests accounting anomalies or major structural changes
  • ! Low ROE of 6.1% and ROA of 2.3% despite high net margins indicate poor capital efficiency or asset utilization problems
  • ! Cash position of only $91.6M against $1.2B long-term debt and $2B total liabilities leaves limited buffer

Key Metrics to Watch

Claude
  • * Operating cash flow trend - critical to determine if negative cash is structural or temporary working capital issue
  • * Cash balance depletion rate and funding sources - monitor if company must dilute equity or increase debt
  • * Working capital components - track accounts receivable, inventory, payables to identify root cause of cash burn
  • * EPS and share count changes - clarify the dramatic YoY EPS decline and any dilution events

Perimeter Solutions, Inc. (PRM) Financial Metrics & Key Ratios

Revenue
$125.1M
Net Income
$72.9M
EPS (Diluted)
$0.44
Free Cash Flow
$-94.8M
Total Assets
$3.2B
Cash Position
$91.6M

💡 AI Analyst Insight

Strong liquidity with a 3.09x current ratio provides a solid financial cushion.

PRM Profit Margin, ROE & Profitability Analysis

Gross Margin 40.6%
Operating Margin 58.0%
Net Margin 58.3%
ROE 6.1%
ROA 2.3%
FCF Margin -75.8%

PRM vs Materials Sector: How Perimeter Solutions, Inc. Compares

How Perimeter Solutions, Inc. compares to Materials sector averages

Net Margin
PRM 58.3%
vs
Sector Avg 10.0%
PRM Sector
ROE
PRM 6.1%
vs
Sector Avg 14.0%
PRM Sector
Current Ratio
PRM 3.1x
vs
Sector Avg 1.6x
PRM Sector
Debt/Equity
PRM 1.0x
vs
Sector Avg 0.6x
PRM Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Perimeter Solutions, Inc. Stock Overvalued? PRM Valuation Analysis 2026

Based on fundamental analysis, Perimeter Solutions, Inc. has mixed fundamental signals relative to the Materials sector in 2026.

Return on Equity
6.1%
Sector avg: 14%
Net Profit Margin
58.3%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Perimeter Solutions, Inc. Balance Sheet: PRM Debt, Cash & Liquidity

Current Ratio
3.09x
Quick Ratio
1.61x
Debt/Equity
1.00x
Debt/Assets
61.9%
Interest Coverage
6.81x
Long-term Debt
$1.2B

PRM Revenue & Earnings Growth: 5-Year Financial Trend

PRM 5-year financial data: Year 2021: Revenue $341.3M, Net Income -$42.0M, EPS $-0.79. Year 2022: Revenue $360.5M, Net Income $24.2M, EPS $0.46. Year 2023: Revenue $360.5M, Net Income $20.6M, EPS $0.39. Year 2024: Revenue $561.0M, Net Income $91.8M, EPS $0.52. Year 2025: Revenue $652.9M, Net Income $67.5M, EPS $0.41.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Perimeter Solutions, Inc.'s revenue has grown significantly by 91% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.41 reflects profitable operations.

PRM Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-75.8%
Free cash flow / Revenue

PRM Quarterly Earnings & Performance

Quarterly financial performance data for Perimeter Solutions, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $72.0M $56.7M $0.36
Q3 2025 $288.4M $21.7M $-0.45
Q2 2025 $127.3M $21.7M $0.14
Q1 2025 $59.0M $56.7M $0.36
Q3 2024 $142.7M $9.4M $0.12
Q2 2024 $76.1M $9.4M $0.14
Q1 2024 $43.9M $9.4M $0.06
Q3 2023 $142.7M $8.9M $0.12

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Perimeter Solutions, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$89.0M
Cash generated from operations
Capital Expenditures
$5.8M
Investment in assets
Dividends
None
No dividend program

PRM SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Perimeter Solutions, Inc. (CIK: 0001880319)

📋 Recent SEC Filings

Date Form Document Action
May 28, 2026 8-K prm-20260528.htm View →
May 22, 2026 4 xslF345X06/wk-form4_1779485965.xml View →
May 15, 2026 4 xslF345X06/wk-form4_1778881772.xml View →
May 15, 2026 4 xslF345X06/wk-form4_1778881766.xml View →
May 12, 2026 4 xslF345X06/wk-form4_1778621496.xml View →

Frequently Asked Questions about PRM

What is the AI rating for PRM?

Perimeter Solutions, Inc. (PRM) has an AI grade of C with 65% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PRM's key strengths?

Claude: Strong revenue growth of 16.4% YoY demonstrates market demand. Exceptional operating margin of 58% and net margin of 58.3% indicate efficient cost structure.

What are the risks of investing in PRM?

Claude: Operating cash flow of -$89M starkly contradicts reported profitability, signaling unsustainable business model or major working capital drain. Negative free cash flow of -$94.8M indicates company cannot self-fund operations and must rely on external financing.

What is PRM's revenue and growth?

Perimeter Solutions, Inc. reported revenue of $125.1M.

Does PRM pay dividends?

Perimeter Solutions, Inc. does not currently pay dividends.

Where can I find PRM SEC filings?

Official SEC filings for Perimeter Solutions, Inc. (CIK: 0001880319) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PRM's EPS?

Perimeter Solutions, Inc. has a diluted EPS of $0.44.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PRM's fundamental grade?

Based on our AI fundamental analysis in May 2026, Perimeter Solutions, Inc. has a C grade with 65% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is PRM stock overvalued or undervalued?

Valuation metrics for PRM: ROE of 6.1% (sector avg: 14%), net margin of 58.3% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is PRM's AI grade for 2026?

Our dual AI analysis gives Perimeter Solutions, Inc. a combined C grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is PRM's free cash flow?

Perimeter Solutions, Inc.'s operating cash flow is $-89.0M, with capital expenditures of $5.8M. FCF margin is -75.8%.

How does PRM compare to other Materials stocks?

Vs Materials sector averages: Net margin 58.3% (avg: 10%), ROE 6.1% (avg: 14%), current ratio 3.09 (avg: 1.6).

Top Rated Stocks
AAPL 92% MSFT 92% FAST 92% ANET 88% RDDT 88% KNSL 88% MGRE 88% FIZZ 88% DECK 87% NVDA 87%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI