Premier Inc (PINC)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 149,790 | 249,998 | 326,900 | 238,796 | 222,925 |
| Revenue | US$ in thousands | 1,346,360 | 1,336,100 | 1,432,900 | 1,721,150 | 1,299,590 |
| Pretax margin | 11.13% | 18.71% | 22.81% | 13.87% | 17.15% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $149,790K ÷ $1,346,360K
= 11.13%
Premier Inc's pretax margin has displayed some fluctuations over the past five years. The pretax margin decreased from 22.81% in 2022 to 11.13% in 2024, showing a significant decline in profitability. This decrease may raise concerns about the company's ability to maintain strong profitability levels. Further analysis of the company's financial performance and cost structure is recommended to identify the factors contributing to the decline in pretax margin. Additionally, comparisons with industry peers and benchmarking against historical data may provide valuable insights into Premier Inc's financial health and competitive position.
Peer comparison
Jun 30, 2024