Primo Water Corporation PRMW NYSE

Primo Water Corporation (PRMW) generated $356.72M in operating cash flow for fiscal year 2023. After capital expenditures of $150.41M, free cash flow was $206.32M.

Free cash flow margin was 11.6% of revenue. Cash conversion ratio was 5.59x, indicating earnings are backed by cash.

The company returned $52.65M in dividends and $26M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (74/100, Pass) — $206.32M (11.6% FCF margin) supports a durable competitive advantage
• INCOME (30/100) — Cash conversion ratio was 5.59x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 52/100 with 1/7 criteria passed.