Premier Inc (PINC)
Net profit margin
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 106,790 | 67,577 | 165,388 | 176,896 | 177,445 | 185,885 | 176,305 | 189,163 | 267,510 | 287,156 | 299,531 | 267,203 | 314,737 | 320,633 | 307,348 | 298,929 | 159,511 | 127,559 | 119,814 | 188,140 |
| Revenue (ttm) | US$ in thousands | 1,346,361 | 1,336,457 | 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 | 1,299,592 | 1,273,073 | 1,239,463 | 1,227,446 |
| Net profit margin | 7.93% | 5.06% | 12.57% | 13.19% | 13.28% | 13.91% | 12.94% | 13.69% | 18.67% | 18.25% | 17.66% | 15.36% | 18.29% | 20.26% | 21.24% | 22.24% | 12.27% | 10.02% | 9.67% | 15.33% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $106,790K ÷ $1,346,361K
= 7.93%
Premier Inc's net profit margin demonstrates a varying trend over the past several quarters. The net profit margin, which represents the profitability of the company after all expenses have been deducted from revenue, ranged between 5.06% and 22.24% in the provided data.
The net profit margin experienced a peak of 22.24% in the quarter ending Mar 31, 2020, followed by a downward trend before reaching its lowest point at 5.06% in the quarter ending Mar 31, 2024. Subsequently, there was an improvement in profitability, with the net profit margin increasing to 7.93% in the quarter ending Jun 30, 2024.
The fluctuations in net profit margin may be influenced by various factors such as changes in revenue, operating expenses, or one-time events impacting profitability. It is essential for Premier Inc to monitor its net profit margin closely to ensure sustainable profitability and financial health.
Peer comparison
Jun 30, 2024