Perimeter Solutions (PRM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Perimeter Solutions

NYSE•Basic Materials•Specialty Chemicals

$31.90+0.34(0.01%)Pre-market

Market Cap

$5.26B

P/S

6.9x

P/B

5.1x

Perimeter Solutions, Inc. manufactures and supplies firefighting products, electronic components, lubricant additives, and engineered machinery in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers. The Specialty Products segment develops, produces, and markets products for non-fire safety markets, including phosphorus pentasulfide based lubricant additives used in pesticide and mining chemicals applications, and electric battery technologies. This segment also offers engineered machinery and associated aftermarket consumables parts, and services, as well as original equipment manufacturing, and automation solutions for medical devices such as complex catheters, guidewires and microcoils, as well as aftermarket parts, services, and consumables. In addition, it also manufactures and installs fire and security alarm systems. The company was founded in 1963 and is headquartered in Clayton, Missouri.

How this company scores

WeakMetricSide Score: 27/100

Strongest: Growth (14/25); weakest: Profitability (0/25).

Profitability0/25

Growth14/25

Balance Sheet & Red Flags9/25

Cash & Earnings Quality4/25

Strengths

Growing revenueConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 40.2x5y range 8.6x – 40.2x

Currently above its 8-quarter median.

P/S · 6.9x5y range 2.2x – 9.8x

Currently above its 17-quarter median.

P/B · 5.1x5y range 0.6x – 6.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 249.5% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $5.26B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $757.07M
Q. Revenue: $213.81M
TTM EBITDA: $-287.78M
TTM Op. Income: $-383.04M
Q. Op. Income: $-203.02M
TTM Net Income: $-339.59M
Q. Net Income: $-181.63M
EPS: $-1.11
Shares Out.: $163.41M

$757.07M in TTM revenue grew 24.2% YoY, reaching $213.81M last quarter. TTM EBITDA of $-287.78M and TTM operating income of $-383.04M show growth is flowing through to the bottom line. However, net income is negative at $339.59M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 55.1%
EBITDA Margin: -81.4%
Op. Margin: -95.0%
Net Margin: -85.0%

Op. margin of -95.0% is down 78.8% YoY — costs are rising relative to revenue. Net margin at -85.0% and gross margin of 55.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 489% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 6.9x
P/B Ratio: 5.1x

P/S of 6.9x and P/B of 5.1x. Across the last 3 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.24B
Cash: $82.78M
Long-Term Debt: $1.21B
Book Value: $1.02B
D/E Ratio: 1.2
Debt/EBITDA: N/A

With $3.24B in assets and $1.21B in long-term debt, D/E is 1.2and book value is $1.02B — moderate leverage. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-654,000
TTM Free Cash Flow: $97.10M
FCF Margin: 12.8%
FCF / Net Income: -0.3

TTM FCF of $97.10M on $-654,000 in operating cash flow. The FCF / Net Income ratio of -0.3x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 43% — an improving trend.