Premier Inc (PINC)
Gross profit margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 733,860 | 770,815 | 785,699 | 835,774 | 865,938 | 872,411 | 883,428 | 904,886 | 896,289 | 887,882 | 881,289 | 875,048 | 885,039 | 880,788 | 880,118 | 854,601 | 837,334 | 821,841 | 841,729 | 850,111 |
| Revenue (ttm) | US$ in thousands | 1,012,647 | 1,100,058 | 1,125,542 | 1,220,021 | 1,290,631 | 1,280,727 | 1,316,093 | 1,340,974 | 1,336,095 | 1,336,437 | 1,362,038 | 1,381,627 | 1,432,901 | 1,573,710 | 1,695,800 | 1,739,412 | 1,721,152 | 1,582,390 | 1,447,290 | 1,344,069 |
| Gross profit margin | 72.47% | 70.07% | 69.81% | 68.50% | 67.09% | 68.12% | 67.13% | 67.48% | 67.08% | 66.44% | 64.70% | 63.33% | 61.77% | 55.97% | 51.90% | 49.13% | 48.65% | 51.94% | 58.16% | 63.25% |
June 30, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $733,860K ÷ $1,012,647K
= 72.47%
The gross profit margin of Premier Inc has demonstrated a notable upward trend over the analyzed period, indicating an overall improvement in the company's ability to generate profit from its sales after accounting for cost of goods sold. Starting at 63.25% as of September 30, 2020, the gross profit margin experienced a decline throughout the subsequent quarters, reaching a low of approximately 48.65% on June 30, 2021. During this period, the decline suggests increased cost pressures or competitive factors impacting gross profitability.
Post-June 2021, the gross profit margin began a consistent recovery phase, surpassing previous levels to reach 51.90% by December 31, 2021, and continuing an upward trajectory through 2022 and 2023. This recovery is evidenced by the margin reaching over 66% by March 2023 and progressing further to approximately 67.48% in September 2023. The consistent improvement during this period implies effective management of cost controls, favorable pricing strategies, or healthier gross profit contributions.
Looking ahead, projections indicate continued strength, with the gross profit margin reaching approximately 69.81% by December 2024 and further ascending to 72.47% forecasted for June 2025. This sustained upward trend reflects a positive outlook on the company's overall profitability at the gross level, suggesting improvements in operational efficiencies and potentially favorable market conditions. Overall, Premier Inc's gross profit margin has shifted from a period of decline to a phase of steady growth, indicating enhanced profit margins and operational resilience.
Peer comparison
Jun 30, 2025