Premier, Inc. - Understand $pinc stock

$PINC Market Cap: $2.128 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.276B

TTM

Gross Margin

67.61%

TTM

Net Earnings

$135.6M

TTM

Current Assets

$707.6M

Q3 2024

Current Liabilities

$648.5M

Q3 2024

Current Ratio

109.11%

Q3 2024

Total Assets

$3.314B

Q3 2024

Total Liabilities

$1.359B

Q3 2024

Book Value

$1.954B

Q3 2024

Cash

$86.96M

Q3 2024

P/E

15.69

Nov 29, 2024 EST

Free Cash Flow

$204.7M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$1.346B	$1.336B	$1.433B	$1.721B	$1.300B	$1.218B	$1.661B	$1.455B	$1.163B	$1.007B	$910.5M	$869.3M	$768.3M	$680.8M	$566.3M
YoY Change	0.77%	-6.76%	-16.75%	32.44%	6.73%	-26.7%	14.2%	25.12%	15.45%	10.6%	4.75%	13.15%	12.85%	20.22%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$1.346B	$1.336B	$1.433B	$1.721B	$1.300B	$1.218B	$1.661B	$1.455B	$1.163B	$1.007B	$910.5M	$869.3M	$768.3M	$680.8M	$566.3M
Cost Of Revenue	$458.3M	$439.8M	$547.9M	$883.8M	$432.8M	$355.6M	$342.0M	$308.7M	$457.1M	$396.9M	$307.6M	$237.4M	$189.7M	$119.9M	$52.50M
Gross Profit	$888.0M	$896.3M	$885.0M	$837.3M	$866.8M	$862.0M	$842.7M	$757.5M	$705.5M	$610.1M	$602.9M	$631.9M	$578.6M	$560.9M	$513.9M
Gross Profit Margin	65.96%	67.08%	61.77%	48.65%	66.7%	70.79%	50.72%	52.08%	60.69%	60.59%	66.22%	72.69%	75.31%	82.39%	90.75%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin	$709.7M	$601.6M	$576.9M	$532.3M	$459.9M	$439.0M	$425.3M	$395.8M	$408.4M	$332.0M	$294.4M	$248.3M	$240.7M	$242.9M	$211.8M
YoY Change	17.97%	4.28%	8.37%	15.76%	4.76%	3.23%	7.44%	-3.1%	23.02%	12.77%	18.57%	3.14%	-0.89%	14.68%
% of Gross Profit	79.91%	67.12%	65.18%	63.57%	53.05%	50.93%	50.47%	52.25%	57.89%	54.42%	48.83%	39.3%	41.61%	43.31%	41.21%
Research & Development	$3.115M	$4.540M	$4.151M	$3.338M	$2.376M	$1.224M	$1.423M	$3.107M	$2.925M	$2.937M	$3.389M	$9.370M	$12.58M	$8.700M	$5.600M
YoY Change	-31.39%	9.37%	24.36%	40.49%	94.12%	-13.98%	-54.2%	6.22%	-0.41%	-13.34%	-63.83%	-25.53%	44.63%	55.36%
% of Gross Profit	0.35%	0.51%	0.47%	0.4%	0.27%	0.14%	0.17%	0.41%	0.41%	0.48%	0.56%	1.48%	2.17%	1.55%	1.09%
Depreciation & Amortization	$129.0M	$133.8M	$129.1M	$121.1M	$152.8M	$140.2M	$123.1M	$104.0M	$84.16M	$54.32M	$39.82M	$29.22M	$25.40M	$23.00M	$17.60M
YoY Change	-3.58%	3.63%	6.65%	-20.78%	9.03%	13.89%	18.33%	23.58%	54.92%	36.41%	36.29%	15.05%	10.43%	30.68%
% of Gross Profit	14.53%	14.93%	14.59%	14.46%	17.63%	16.26%	14.6%	13.73%	11.93%	8.9%	6.6%	4.62%	4.39%	4.1%	3.42%
Operating Expenses	$760.0M	$654.2M	$625.0M	$580.4M	$517.8M	$493.5M	$479.5M	$445.0M	$444.4M	$344.1M	$300.9M	$259.2M	$256.5M	$255.0M	$220.1M
YoY Change	16.18%	4.68%	7.68%	12.1%	4.92%	2.92%	7.74%	0.14%	29.16%	14.36%	16.07%	1.07%	0.58%	15.86%
Operating Profit	$128.0M	$242.1M	$260.1M	$256.9M	$373.6M	$368.5M	$540.4M	$318.0M	$265.9M	$266.0M	$302.1M	$372.7M	$322.1M	$305.9M	$293.8M
YoY Change	-47.14%	-6.91%	1.23%	-31.24%	1.39%	-31.8%	69.95%	19.56%	-0.04%	-11.92%	-18.95%	15.7%	5.29%	4.12%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$986.0K	$1.598M	$76.47M	-$18.24M	$5.900M	$3.200M	-$4.100M	$10.20M	$20.60M	$21.20M	$56.40M	$12.90M	$13.00M	$11.90M	$10.10M
YoY Change	-38.3%	-97.91%	-519.19%	-409.2%	84.38%	-178.05%	-140.2%	-50.49%	-2.83%	-62.41%	337.21%	-0.77%	9.24%	17.82%
% of Operating Profit	0.77%	0.66%	29.4%	-7.1%	1.58%	0.87%	-0.76%	3.21%	7.75%	7.97%	18.67%	3.46%	4.04%	3.89%	3.44%
Other Income/Expense, Net	$21.82M	$7.905M	$66.83M	-$6.276M	$10.07M	-$375.0K	-$22.83M	$213.6M	$18.93M	$5.085M	$58.27M	$12.15M	$12.81M	-$800.0K	$0.00
YoY Change	176.0%	-88.17%	-1164.8%	-162.34%	-2784.53%	-98.36%	-110.69%	1027.98%	272.35%	-91.27%	379.82%	-5.18%	-1701.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Pretax Income	$149.8M	$250.0M	$326.9M	$250.6M	$383.7M	$368.1M	$517.5M	$531.5M	$284.9M	$271.1M	$360.3M	$384.8M	$334.9M	$317.0M	$303.7M
YoY Change	-40.08%	-23.52%	30.43%	-34.68%	4.22%	-28.87%	-2.63%	86.58%	5.07%	-24.76%	-6.36%	14.9%	5.65%	4.38%
Income Tax	$43.07M	$75.11M	$58.58M	-$53.94M	$92.56M	$33.46M	$259.5M	$81.92M	$49.72M	$36.34M	$27.71M	$9.726M	$8.229M	$4.700M	$4.900M
% Of Pretax Income	28.75%	30.04%	17.92%	-21.52%	24.12%	9.09%	50.15%	15.41%	17.45%	13.4%	7.69%	2.53%	2.46%	1.48%	1.61%
Net Earnings	$106.7M	$174.9M	$268.3M	$304.6M	$292.2M	$284.1M	$257.6M	$76.25M	$235.2M	-$865.3M	$332.6M	$7.376M	$3.937M	$2.400M	$6.500M
YoY Change	-38.98%	-34.82%	-11.91%	4.25%	2.85%	10.29%	237.8%	-67.58%	-127.18%	-360.15%	4409.45%	87.35%	64.04%	-63.08%
Net Earnings / Revenue	7.93%	13.09%	18.73%	17.7%	22.48%	23.33%	15.5%	5.24%	20.23%	-85.93%	36.53%	0.85%	0.51%	0.35%	1.15%
Basic Earnings Per Share	$1.05	$1.47	$2.21	$2.24	$8.93	-$0.15	$3.57	$1.54	$19.32	-$24.25	-$105.90	$1.26	$0.64
Diluted Earnings Per Share	$1.04	$1.46	$2.19	$2.22	$2.04	-$0.15	$1.36	$1.51	$0.97	-$24.25	-$105.90	$1.26	$0.64	$381.0K	$1.016M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash & Short-Term Investments	$125.1M	$89.79M	$86.14M	$129.1M	$99.30M	$141.1M	$152.4M	$156.7M	$266.6M	$387.2M	$291.6M	$255.6M	$241.7M	$251.6M
YoY Change	39.37%	4.24%	-33.3%	30.05%	-29.62%	-7.41%	-2.74%	-41.22%	-31.15%	32.78%	14.08%	5.75%	-3.93%
Cash & Equivalents	$125.1M	$89.79M	$86.14M	$129.1M	$99.30M	$141.1M	$152.4M	$156.7M	$248.8M	$146.5M	$131.8M	$198.3M	$140.8M	$246.6M
Short-Term Investments								$0.00	$17.80M	$240.7M	$159.8M	$57.30M	$100.8M	$5.000M
Other Short-Term Assets	$80.55M	$60.39M	$65.58M	$68.05M	$97.30M	$27.20M	$36.80M	$35.20M	$19.60M	$22.40M	$40.80M	$35.40M	$30.40M	$34.90M
YoY Change	33.38%	-7.92%	-3.63%	-30.06%	257.72%	-26.09%	4.55%	79.59%	-12.5%	-45.1%	15.25%	16.45%	-12.89%
Inventory	$79.80M	$76.93M	$119.7M	$176.4M	$71.00M	$51.00M	$52.60M	$50.40M	$29.10M	$33.10M	$20.80M	$12.70M	$6.000M	$1.700M
Prepaid Expenses
Receivables	$462.5M	$414.5M	$374.2M	$408.7M	$350.7M	$394.8M	$186.8M	$159.7M	$144.2M	$97.90M	$67.60M	$60.60M	$52.80M	$43.30M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$6.800M	$3.300M	$4.700M	$1.200M	$1.700M	$4.500M	$5.100M
Total Short-Term Assets	$748.0M	$641.6M	$645.6M	$782.3M	$618.4M	$614.0M	$428.6M	$408.8M	$462.9M	$545.2M	$422.1M	$366.0M	$335.4M	$336.7M
YoY Change	16.58%	-0.61%	-17.48%	26.5%	0.72%	43.26%	4.84%	-11.69%	-15.1%	29.16%	15.33%	9.12%	-0.39%
Property, Plant & Equipment	$226.3M	$241.6M	$252.9M	$272.5M	$264.6M	$205.1M	$205.3M	$187.4M	$174.1M	$147.6M	$134.6M	$115.6M	$101.6M	$86.10M
YoY Change	-6.3%	-4.49%	-7.18%	2.97%	29.01%	-0.1%	9.55%	7.64%	17.95%	9.66%	16.44%	13.78%	18.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$228.6M	$231.8M	$215.5M	$153.2M	$133.3M	$99.60M	$94.10M	$92.90M	$46.90M	$189.0M	$256.7M	$6.700M	$9.700M	$6.000M
YoY Change	-1.41%	7.55%	40.67%	14.95%	33.84%	5.84%	1.29%	98.08%	-75.19%	-26.37%	3731.34%	-30.93%	61.67%
Other Assets	$870.3M	$814.1M	$886.6M	$918.4M	$572.9M	$499.3M	$440.6M	$534.3M	$475.3M	$394.1M	$328.0M	$44.90M	$41.00M	$34.70M
YoY Change	6.91%	-8.18%	-3.46%	60.3%	14.74%	13.32%	-17.54%	12.41%	20.6%	20.15%	630.51%	9.51%	18.16%
Total Long-Term Assets	$2.653B	$2.730B	$2.712B	$2.741B	$2.330B	$1.956B	$1.884B	$2.099B	$1.393B	$985.0M	$824.6M	$232.9M	$219.5M	$195.7M
YoY Change	-2.8%	0.67%	-1.06%	17.62%	19.15%	3.82%	-10.26%	50.74%	41.37%	19.45%	254.06%	6.1%	12.16%
Total Assets	$3.401B	$3.371B	$3.357B	$3.523B	$2.949B	$2.570B	$2.312B	$2.508B	$1.855B	$1.530B	$1.247B	$598.9M	$554.9M	$532.4M
YoY Change
Accounts Payable	$60.36M	$54.38M	$44.63M	$85.41M	$54.80M	$54.50M	$48.00M	$42.80M	$46.00M	$37.60M	$28.00M	$21.80M	$11.20M	$48.60M
YoY Change	11.01%	21.83%	-47.75%	55.86%	0.55%	13.54%	12.15%	-6.96%	22.34%	34.29%	28.44%	94.64%	-76.95%
Accrued Expenses	$179.2M	$119.0M	$145.2M	$158.8M	$136.7M	$153.3M	$123.5M	$109.4M	$117.2M	$92.30M	$72.20M	$80.20M	$77.30M	$44.70M
YoY Change	50.61%	-18.04%	-8.54%	16.14%	-10.83%	24.13%	12.89%	-6.66%	26.98%	27.84%	-9.98%	3.75%	72.93%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$154.3M	$316.2M	$250.9M	$174.2M	$79.60M	$27.60M	$100.3M	$228.0M	$5.500M	$2.300M	$17.70M	$12.10M	$6.600M	$1.800M
YoY Change	-51.19%	26.05%	43.97%	118.9%	188.41%	-72.48%	-56.01%	4045.45%	139.13%	-87.01%	46.28%	83.33%	266.67%
Total Short-Term Liabilities	$746.6M	$815.5M	$753.1M	$716.8M	$496.1M	$458.0M	$448.9M	$571.6M	$326.1M	$269.6M	$223.9M	$145.1M	$134.6M	$143.5M
YoY Change	-8.45%	8.28%	5.07%	44.48%	8.32%	2.03%	-21.47%	75.28%	20.96%	20.41%	54.31%	7.8%	-6.2%
Long-Term Debt	$599.4M	$102.3M	$203.5M	$304.3M	$4.600M	$6.000M	$7.000M	$6.300M	$13.90M	$15.70M	$16.10M	$22.50M	$298.3M	$279.3M
YoY Change	486.19%	-49.74%	-33.14%	6515.83%	-23.33%	-14.29%	11.11%	-54.68%	-11.46%	-2.48%	-28.44%	-92.46%	6.8%
Other Long-Term Liabilities	$93.23M	$119.4M	$151.7M	$271.9M	$570.7M	$439.8M	$345.5M	$405.4M	$329.7M	$283.2M	$232.4M	$45.90M	$43.10M	$33.80M
YoY Change	-21.92%	-21.27%	-44.22%	-52.36%	29.76%	27.29%	-14.78%	22.96%	16.42%	21.86%	406.32%	6.5%	27.51%
Total Long-Term Liabilities	$692.7M	$221.7M	$355.1M	$576.2M	$575.3M	$445.8M	$352.5M	$411.7M	$343.6M	$298.9M	$248.5M	$68.40M	$341.4M	$313.1M
YoY Change	212.47%	-37.58%	-38.37%	0.16%	29.05%	26.47%	-14.38%	19.82%	14.95%	20.28%	263.3%	-79.96%	9.04%
Total Liabilities	$1.439B	$1.037B	$1.108B	$1.293B	$1.089B	$908.5M	$818.9M	$1.032B	$669.6M	$568.5M	$471.5M	$211.8M	$476.2M	$456.9M
YoY Change	38.77%	-6.42%	-14.29%	18.74%	19.86%	10.94%	-20.61%	54.05%	17.78%	20.57%	122.62%	-55.52%	4.22%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	113.8M shares	118.8M shares	120.2M shares	116.5M shares	67.04M shares	59.19M shares	53.52M shares	49.65M shares	42.37M shares	35.68M shares	25.63M shares	5.858M shares	6.183M shares
Diluted Shares Outstanding	114.4M shares	119.9M shares	121.7M shares	117.5M shares	123.6M shares	60.27M shares	137.3M shares	50.37M shares	145.3M shares	35.68M shares	25.63M shares	5.858M shares	6.183M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.1278 Billion

About Premier, Inc.

Premier, Inc. engages in the provision of healthcare improvement solutions. The company is headquartered in Charlotte, North Carolina and currently employs 2,900 full-time employees. The company went IPO on 2013-09-26. Its segments include Supply Chain Services and Performance Services. The Supply Chain Services segment includes its group purchasing organization program, supply chain co-management, purchased services and direct sourcing activities. The Performance Services segment consists of three sub-brands: PINC AI, its technology and services platform, Contigo Health, its direct-to-employer business, and Remitra, its digital invoicing and payables automation business. The company delivers a comprehensive technology-enabled platform that offers critical supply chain services, clinical, financial, operational and value-based care software as a service and clinical and enterprise analytics license, consulting services, performance improvement collaborative programs and third-party administrator services.

Industry: Services-Management Services Peers: 1Life Healthcare Inc AMEDISYS INC AMN HEALTHCARE SERVICES INC Option Care Health, Inc. CVS HEALTH Corp Guardant Health, Inc. LHC Group, Inc LifeStance Health Group, Inc. MSP Recovery, Inc. Privia Health Group, Inc.