Primo Brands Corp
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
PRMB$24.13+7.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| ($ in millions, except share and per share amounts) | 2024 | 2023 |
| ASSETS | ||
| Current Assets: | ||
| Cash, cash equivalents and restricted cash | $614.4 | $47.0 |
| Trade receivables, net of allowance for expected credit losses of $4.7 and $3.4 as of December 31, 2024 and 2023, respectively | 444.0 | 397.5 |
| Inventories | 208.4 | 180.4 |
| Prepaid expenses and other current assets | 150.4 | 73.1 |
| Current assets held for sale | 111.8 | — |
| Total current assets | 1,529.0 | 698.0 |
| Property, plant and equipment, net | 2,083.9 | 1,609.2 |
| Operating lease right-of-use-assets, net | 628.7 | 552.0 |
| Goodwill | 3,572.2 | 817.4 |
| Intangible assets, net | 3,191.7 | 1,420.2 |
| Other non-current assets | 70.1 | 57.0 |
| Non-current assets held for sale | 118.9 | — |
| Total assets | $11,194.5 | $5,153.8 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current Liabilities: | ||
| Current portion of long-term debt | $64.5 | $31.9 |
| Trade payables | 471.6 | 356.5 |
| Accruals and other current liabilities | 697.7 | 320.6 |
| Current portion of operating lease obligations | 95.5 | 73.8 |
| Current liabilities held for sale | 82.2 | — |
| Total current liabilities | 1,411.5 | 782.8 |
| Long-term debt, less current portion | 4,963.6 | 3,450.7 |
| Operating lease obligations, less current portion | 555.6 | 498.2 |
| Deferred income taxes | 738.7 | 397.0 |
| Other non-current liabilities | 49.8 | 22.4 |
| Non-current liabilities held for sale | 31.1 | — |
| Total liabilities | $7,750.3 | $5,151.1 |
| Commitments and contingencies | ||
| Stockholders' Equity: | ||
| Preferred stock, $0.01 and $0.001 par value, nil and $1,000 stated value, 100,000,000 and 250,000 shares authorized at December 31, 2024 and 2023, respectively, nil issued and outstanding at December 31, 2024 and 2023 | $— | $— |
| Common stock, $0.01 par value, 900,000,000 shares and 1,050,000 shares authorized, 379,792,996 shares and 1,030,365 shares issued and outstanding at December 31, 2024 and 2023, respectively | 3.8 | — |
| Additional paid-in capital | 4,971.3 | 1,024.5 |
| Accumulated deficit | (1,513.7) | (1,014.3) |
| Accumulated other comprehensive loss | (17.2) | (7.5) |
| Total stockholders' equity | 3,444.2 | 2.7 |
| Total liabilities and stockholders' equity | $11,194.5 | $5,153.8 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.