Primerica Tax Provision from 2010 to 2024

PRI Stock  USD 296.97  0.01  0%   
Primerica's Tax Provision is increasing with slightly volatile movements from year to year. Tax Provision is predicted to flatten to about 119.7 M. Tax Provision is the amount set aside by Primerica to cover any estimated taxes for the current period. It reflects Primerica's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
41.3 M
Current Value
6.6 M
Quarterly Volatility
M
 
Covid
Check Primerica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primerica's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.7 M, Interest Expense of 26.7 M or Selling General Administrative of 222.2 M, as well as many indicators such as Price To Sales Ratio of 1.46, Dividend Yield of 0.012 or PTB Ratio of 3.76. Primerica financial statements analysis is a perfect complement when working with Primerica Valuation or Volatility modules.
  
Check out the analysis of Primerica Correlation against competitors.
For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.

Latest Primerica's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Primerica over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Primerica's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primerica's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Primerica Tax Provision Regression Statistics

Arithmetic Mean106,980,255
Geometric Mean102,053,950
Coefficient Of Variation24.50
Mean Deviation17,056,938
Median101,110,000
Standard Deviation26,213,416
Sample Variance687.1T
Range113.4M
R-Value0.43
Mean Square Error602.9T
R-Squared0.19
Significance0.11
Slope2,523,074
Total Sum of Squares9620T

Primerica Tax Provision History

2024119.7 M
2023142.6 M
2022125.8 M
2021139.2 M
2020120.6 M
2019110.7 M
201892 M

About Primerica Financial Statements

Investors use fundamental indicators, such as Primerica's Tax Provision, to determine how well the company is positioned to perform in the future. Although Primerica's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Tax Provision142.6 M119.7 M

Currently Active Assets on Macroaxis

When determining whether Primerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Primerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Primerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Primerica Stock:
Check out the analysis of Primerica Correlation against competitors.
For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primerica. If investors know Primerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.143
Dividend Share
3.3
Earnings Share
19.74
Revenue Per Share
90.798
Quarterly Revenue Growth
0.107
The market value of Primerica is measured differently than its book value, which is the value of Primerica that is recorded on the company's balance sheet. Investors also form their own opinion of Primerica's value that differs from its market value or its book value, called intrinsic value, which is Primerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primerica's market value can be influenced by many factors that don't directly affect Primerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.