Premier Inc (PINC)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 127,972 | 78,788 | 220,083 | 242,556 | 242,093 | 262,246 | 256,504 | 246,302 | 260,073 | 270,815 | 280,181 | 272,221 | 256,917 | 260,397 | 296,019 | 346,548 | 373,620 | 391,546 | 377,702 | 357,932 |
| 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 |
| Operating profit margin | 9.51% | 5.90% | 16.72% | 18.09% | 18.12% | 19.62% | 18.83% | 17.83% | 18.15% | 17.21% | 16.52% | 15.65% | 14.93% | 16.46% | 20.45% | 25.78% | 28.75% | 30.76% | 30.47% | 29.16% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $127,972K ÷ $1,346,361K
= 9.51%
Premier Inc's operating profit margin has displayed some fluctuations over the past few quarters. In the most recent quarter (Jun 30, 2024), the operating profit margin stood at 9.51%, showing a slight improvement from the previous quarter's 5.90%. Notably, the operating profit margin had peaked at 30.76% in the quarter ending Mar 31, 2020, and has since experienced a gradual decline, albeit with some intermittent upticks.
The company experienced a significant drop in operating profit margin in the quarter ending Dec 31, 2020, when it fell to 20.45%, before recovering slightly in the following quarters. However, the trend has been somewhat inconsistent, with fluctuations noted in the operating profit margin figures.
For a full analysis, further investigation into the factors driving these changes in operating profit margin, such as changes in revenue, cost structures, or efficiency measures, would be necessary to gain a deeper understanding of Premier Inc's financial performance.
Peer comparison
Jun 30, 2024