Is the business good?
How good a business is PRM?
Perimeter Solutions, Inc. earns −7.0% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
−7.0%
Return on invested capital · cost of capital 9.0% · 16 points below what the capital costs: growth destroys value
- Operating margin
- −29%
Operating margin · Specialty Chemicals median 9.1% · 12 months to Q1 2026
- Share count, year on year
- +5.3%
Share count, year on year · shareholders own a smaller slice than a year ago
- Gross margin
- 56%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 21% |
| FY2022 | 36% |
| FY2023 | 29% |
| FY2024 | −0.67% |
| FY2025 | −31% |
Details›
- Gross margin12 months to Q1 2026
- 56%
- Operating margin12 months to Q1 2026
- −29%
- Net margin12 months to Q1 2026
- −27%
- Free cash flow margin
- 13%
- Revenue, trailing twelve months
- $706M
- Free cash flow, trailing twelve months
- $95M
- Net income, trailing twelve months
- −$190M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −7.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.