Premier Inc (PINC)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 149,883 100,496 231,203 247,176 252,556 264,139 252,021 247,481 326,092 338,187 349,312 327,317 260,837 270,021 247,457 286,938 252,115 213,609 213,436 219,862
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
Pretax margin 11.13% 7.52% 17.57% 18.43% 18.90% 19.76% 18.50% 17.91% 22.76% 21.49% 20.60% 18.82% 15.15% 17.06% 17.10% 21.35% 19.40% 16.78% 17.22% 17.91%

June 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $149,883K ÷ $1,346,361K
= 11.13%

Premier Inc's pretax margin has fluctuated over the past several periods. In the most recent period, as of June 30, 2024, the pretax margin stood at 11.13%, showing a decrease from the previous period. The pretax margin had peaked at 22.76% on June 30, 2022, indicating a strong performance at that time. However, there have been periods where the pretax margin dipped below 10%, such as on March 31, 2024 and December 31, 2021. Overall, Premier Inc's pretax margin has shown variability, suggesting changes in the company's profitability before accounting for taxes over time. The company may need to focus on managing expenses and optimizing revenue generation to maintain or improve its pretax margin in the future.


Peer comparison

Jun 30, 2024

Company name
Symbol
Pretax margin
Premier Inc
PINC
11.13%
Gartner Inc
IT
19.14%
R1 RCM Inc
RCM
0.93%