Primerica Gross Margin Growth & History (PRI)
Primerica's gross margin was 97.99% for fiscal 2023.
View full Primerica company overviewPrimerica annual gross margin history
2021
2022
2023
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 97.99% | +0.57 pp |
| 2022 | 2022-12-31 | 97.42% | −0.63 pp |
| 2021 | 2021-12-31 | 98.05% | — |
Primerica quarterly gross margin
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2024 | 2024-06-30 | 98.01% | −0.12 pp |
| Q1 2024 | 2024-03-31 | 98.16% | +0.39 pp |
| Q4 2023 | 2023-12-31 | 97.86% | +0.26 pp |
| Q3 2023 | 2023-09-30 | 98.20% | +0.20 pp |
| Q2 2023 | 2023-06-30 | 98.13% | +1.03 pp |
| Q1 2023 | 2023-03-31 | 97.77% | +0.76 pp |
| Q4 2022 | 2022-12-31 | 97.60% | — |
| Q3 2022 | 2022-09-30 | 98.00% | +1.40 pp |
| Q2 2022 | 2022-06-30 | 97.10% | — |
| Q1 2022 | 2022-03-31 | 97.01% | — |
| Q3 2021 | 2021-09-30 | 96.61% | — |
Primerica gross margin trends
Between the periods ended 2021-12-31 and 2023-12-31, Primerica's gross margin decreased from 98.05% to 97.99%, a change of −0.06 percentage points. The latest reported quarter, Q2 2024, shows 98.01%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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