Premier Inc (PINC)

Net profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Net income	US$ in thousands	106,719	174,887	268,318	292,739	130,364
Revenue	US$ in thousands	1,346,360	1,336,100	1,432,900	1,721,150	1,299,590
Net profit margin		7.93%	13.09%	18.73%	17.01%	10.03%

June 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $106,719K ÷ $1,346,360K
= 7.93%

Premier Inc's net profit margin has shown a decreasing trend over the past five years, declining from 18.73% in 2022 to 7.93% in 2024. The company's net profit margin indicates the percentage of revenue that translates into net income, reflecting the efficiency of its cost management and revenue generation. The declining trend could be a cause for concern as it may suggest challenges in controlling costs or maintaining revenue growth. Further investigation into the factors driving this decline is warranted to assess the company's financial health and performance.

Peer comparison

Jun 30, 2024

Company name

Symbol

Net profit margin

Premier Inc

PINC

7.93%