PRMBPrimo Brands Corporation

$22.98

Is it safe?

Can PRMB take a bad year?

Primo Brands Corporation carries $4.79B of net debt at 4.34× EBITDA: a heavy load to carry through a bad year.

$4.79B

Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
4.34×

Net debt / EBITDA · 5.85× a year ago · the load is coming down

Altman Z-score
1.20

Altman Z-score · distress zone, below 1.8

Interest cover
1.50×

Interest cover · operating profit barely covers the interest bill

Details
Total debtQ2 2026
$5.16B
Cash and short-term investments
$367M
Net debt
$4.79B
EBITDA, trailing twelve months
$1.10B
Operating profit, trailing twelve months
$483M
Debt / equity
1.73×
Total debt / EBITDA
4.68×
Annualised volatilitytwo years of daily moves
41%
Worst drawdown on file
−59%
Below its 52-week high
−9.5%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.