Forensic Analysis · General / Diversified · as of Jun 27, 2026
Perimeter Solutions, Inc. (PRM)
A forensic read on Perimeter Solutions, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Distress
Financial health
0.3
Altman Z-score
Clean
Earnings quality
2
Forensic signals
-16.4%
ROE
$5.6B
Market cap
Perimeter Solutions, Inc. earns a C (Mixed — selective) forensic quality grade, and its Altman Z-score is 0.3, placing it in the Distress zone. 2 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-7%Return on invested capital.Return on invested capital is -7% and slipping from 5% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
184dInventory days.Days inventory outstanding moved from 174 to 184 FY2024→FY2025 (against cost of goods sold; inventory +20% vs +14% in cost of sales). Inventory is building a little faster than sales — watch for markdowns.
Key fundamentals
Net Margin-31.6%
Debt / Equity0.59x
Free Cash Flow$208.6M
Latest Revenue$652.9M
Return on Equity-18.2%
Revenue Growth YoY+16.4%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on Perimeter Solutions, Inc.:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about PRM's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown