Premier Inc. (PINC) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 26	$0.27	$0.3	+11.1%	—	$240M	—
Q4 25	$0.34	$0.43	+26.5%	—	$262.9M	—
Q3 25	$0.3	$0.44	+46.7%	—	$261.4M	—
Q2 25	$0.3	$0.25	-16.7%	—	$240.3M	—
Q1 25	$0.25	$0.34	+36.0%	—	—	—
Q4 24	$0.49	$0.69	+40.8%	—	—	—
Q3 24	$0.48	$0.55	+14.6%	—	—	—
Q2 24	$0.57	$0.6	+5.3%	—	—	—
Q1 24	$0.51	$0.54	+5.9%	—	—	—
Q4 23	$0.65	$0.68	+4.6%	—	$340.4M	—
Q3 23	$0.58	$0.58	0.0%	—	$322.2M	—
Q2 23	$0.66	$0.72	+9.1%	—	$359.6M	—
Q1 23	$0.59	$0.52	-11.9%	—	$313.9M	—
Q4 22	$0.6	$0.61	+1.7%	—	$340.7M	—
Q3 22	$0.59	$0.57	-3.4%	—	$347.8M	—
Q2 22	$0.65	$0.73	+12.3%	—	$379.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.22	—	—	$1B	—
FY24	—	$1.05	—	—	$1.3B	—
FY23	—	$1.47	—	—	$1.3B	—
FY22	—	$2.21	—	—	$1.4B	—

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.2B	$1.1B	$1.2B	$1.2B	$1.3B	$1.7B	$1.4B	$1.3B	$1.3B	$1B
YoY change	+15.4%	-8.29%	+11.1%	+2.78%	+6.73%	+32.4%	-16.7%	-6.76%	+0.77%	-24.8%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.2B	1.1B	1.2B	1.2B	1.3B	1.7B	1.4B	1.3B	1.3B	1B
Cost of revenue	457.1M	308.7M	342M	355.6M	432.8M	883.8M	547.9M	439.8M	458.3M	269.3M
Gross profit	705.5M	757.5M	842.7M	862M	866.8M	837.3M	885M	896.3M	888M	743.4M
Gross margin	60.7%	71%	71.1%	70.8%	66.7%	48.6%	61.8%	67.1%	66%	73.4%
Research & development	2.9M	3.1M	1.4M	1.2M	2.4M	3.3M	4.2M	4.5M	3.1M	2.6M
Selling, general & administrative	408.4M	395.8M	425.3M	439M	459.9M	532.3M	576.9M	601.6M	709.7M	701.4M
Operating expenses	406.5M	393.4M	249.5M	440.2M	437.7M	535.7M	581M	606.1M	712.8M	704.1M
Operating income	265.9M	318M	540.4M	368.5M	373.6M	256.9M	260.1M	242.1M	128M	1.1M
Operating margin	22.9%	29.8%	45.6%	30.3%	28.7%	14.9%	18.2%	18.1%	9.51%	0.11%
Non-operating income, net	20M	218.1M	-17.5M	2.1M	21.4M	5.7M	78M	22.4M	20.5M	114.2M
Pretax income	284.9M	531.5M	517.5M	368.1M	383.7M	250.6M	326.9M	250M	149.8M	98M
Income tax	49.7M	81.9M	259.5M	33.5M	92.6M	-53.9M	58.6M	75.1M	43.1M	25.3M
Net income	235.2M	449.5M	257.6M	284.1M	292.2M	304.6M	268.3M	174.9M	106.7M	30.8M
Net margin	20.2%	42.2%	21.7%	23.3%	22.5%	17.7%	18.7%	13.1%	7.93%	3.04%
EBITDA	350.1M	219.2M	685.5M	508.7M	543.1M	411M	403M	398.3M	257M	232.9M
EPS	19.3	1.54	3.57	-0.15	8.93	2.24	2.21	1.47	1.05	0.22
Diluted EPS	0.97	1.51	1.36	-0.15	2.04	2.22	2.19	1.46	1.04	0.22

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26
Revenue	359.6M	322.2M	340.4M	—	—	—	—	—	240.3M	261.4M	262.9M	240M
Cost of revenue	116.9M	103.2M	107.9M	—	—	—	—	—	69.1M	68.2M	64.3M	69.4M
Gross profit	242.7M	219.1M	232.5M	—	—	—	—	—	171.2M	193.2M	198.6M	170.6M
Gross margin	67.5%	68%	68.3%	—	—	—	—	—	71.3%	73.9%	75.5%	71.1%
Research & development	1M	1M	1.6M	—	—	—	—	—	726K	633K	689K	483K
Selling, general & administrative	140.5M	143.6M	185.4M	—	—	—	—	—	253.8M	149.3M	163.5M	134.9M
Operating expenses	141.5M	144.6M	187M	—	—	—	—	—	254.5M	149.9M	164.2M	135.3M
Operating income	88.2M	62.6M	32.9M	—	—	—	—	—	-92.8M	33.8M	24.9M	24.9M
Operating margin	24.5%	19.4%	9.65%	—	—	—	—	—	-38.6%	12.9%	9.46%	10.4%
Non-operating income, net	4.6M	7.6M	4.1M	—	—	—	—	—	32.8M	12.7M	6.5M	-2.3M
Pretax income	88.1M	65.9M	34.3M	—	—	—	—	—	-63.8M	41.1M	25.1M	17M
Income tax	23.8M	17.2M	15.3M	13.7M	18.3M	-15.5M	25.5M	22.7M	-18M	13.5M	7.1M	1.7M
Net income	64.4M	48.6M	18.9M	—	—	—	—	—	-85.2M	26.8M	17.9M	15.3M
Net margin	17.9%	15.1%	5.55%	—	—	—	—	—	-35.5%	10.3%	6.8%	6.37%
EBITDA	122.7M	94.8M	70.2M	—	—	—	—	—	-63.3M	75.7M	61M	53.1M
EPS	0.54	0.39	—	0.38	0.45	-0.36	—	0.71	-1.01	0.31	0.22	0.21
Diluted EPS	0.54	0.39	—	0.37	0.45	-0.36	—	0.7	-1.01	0.31	0.22	0.21

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	1.9B	—	—	—	4.3B	3.3B	2.1B	—	4.1B
Enterprise value	—	—	1.9B	—	—	—	4.7B	3.6B	2.1B	—	4.3B
Shares outstanding	42.4M	49.7M	53.5M	59.2M	67M	116.5M	120.2M	118.8M	113.8M	91.2M	91.2M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	7.56	—	—	—	16	18.8	19.9	—	289.7
P/S	—	—	1.64	—	—	—	2.99	2.46	1.58	—	4.02
P/B	—	—	-1.36	—	—	—	1.91	1.41	1.08	—	2.66
EV/EBITDA	—	—	2.77	—	—	—	11.6	9.13	8.22	—	18.3
EV/Sales	—	—	1.61	—	—	—	3.27	2.72	1.57	—	4.22
Earnings yield	—	—	13.2%	—	—	—	6.26%	5.32%	5.02%	—	0.35%
FCF yield	—	—	21.3%	—	—	—	8.32%	11%	10.1%	—	5.95%
PEG	—	—	—	—	—	—	—	—	—	—	-4.11

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	60.7%	71%	71.1%	70.8%	66.7%	48.6%	61.8%	67.1%	66%	73.4%	71.1%
Operating margin	22.9%	29.8%	45.6%	30.3%	28.7%	14.9%	18.2%	18.1%	9.51%	0.11%	11.4%
Net margin	20.2%	42.2%	21.7%	23.3%	22.5%	17.7%	18.7%	13.1%	7.93%	3.04%	73.4%
ROE	-12.1%	-27%	-18%	-32.9%	209.8%	13.7%	11.9%	7.49%	5.44%	2.01%	1.32%
ROA	12.7%	17.9%	11.1%	11.1%	9.91%	8.65%	7.99%	5.19%	3.14%	1%	0.65%
ROIC	-9.98%	-17%	-18.3%	-34.5%	160%	9.8%	8.06%	6.31%	4.67%	0.05%	-0.4%
Return on tangible assets	50.8%	-734.7%	1K%	106.5%	127.2%	41.7%	41.7%	35.9%	12.2%	3.86%	-3.24%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.42	0.72	0.95	1.34	1.25	1.09	0.86	0.79	1	0.64	0.62
Quick ratio	1.33	0.63	0.84	1.23	1.1	0.85	0.7	0.69	0.9	0.64	0.62
Debt / equity	-0.01	-0.14	-0.08	-0.04	0.99	0.23	0.22	0.19	0.06	0.18	0
Debt / assets	0.01	0.09	0.05	0.01	0.05	0.15	0.15	0.13	0.03	0.09	0.11
Net debt / EBITDA	-0.71	0.35	-0.07	-0.21	0.07	0.96	1	0.88	-0.04	0.85	2.21
Interest coverage	260.5	70.5	102	149.1	34.9	21.9	30.3	18.3	—	6.69	6.69
Effective tax rate	17.5%	15.4%	50.1%	9.09%	24.1%	0%	17.9%	30%	28.8%	25.8%	22.2%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	27.4	21.5	22.1	20.6	19.4	14.8	11.9	11.2	11.8	11.1	11.1
EPS (basic)	19.3	1.54	3.57	-0.15	8.93	2.24	2.21	1.47	1.05	0.22	0.22
EPS (diluted)	0.97	1.51	1.36	-0.15	2.04	2.22	2.19	1.46	1.04	0.22	0.22
Book value per share	-46.1	-33.5	-26.7	-14.6	2.08	19.1	18.7	19.7	17.2	16.8	18.5
FCF per share	6.95	6.46	7.76	6.96	3.81	2.73	2.97	3.05	1.89	3.49	3.17
Cash per share	6.29	3.16	2.85	2.38	1.48	1.11	0.72	0.76	1.1	0.92	0.52
Capex per share	1.82	1.44	1.73	1.58	1.41	0.76	0.73	0.69	0.71	0.91	1.01

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	6.62%	6.69%	7.8%	7.67%	7.26%	5.16%	6.1%	6.16%	6.03%	8.16%	8.41%
Capex / operating cash flow	19.6%	18%	19.5%	18.2%	27.1%	22.2%	16.8%	19.3%	69%	28.5%	41.7%
Payout ratio	39.4%	20.1%	30.8%	20.4%	16.7%	33.8%	35.9%	57.3%	89.2%	251.2%	-296.2%
Dividend yield	—	—	4.07%	—	—	—	2.25%	3.05%	4.48%	—	1.71%

Yield

1.71%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.211

ex-dividend Aug 31, 2026

Payout ratio

-296%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 31, 2026	$0.211
Jul 31, 2026	$0.21
Jun 30, 2026	$0.175
Aug 29, 2025	$0.21
May 30, 2025	$0.21
Feb 28, 2025	$0.21
Nov 29, 2024	$0.21
Aug 30, 2024	$0.21

Period	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26
Revenue	$359.6M	$322.2M	$340.4M	—	—	—	—	—	$240.3M	$261.4M	$262.9M	$240M
YoY change	-5.17%	-7.36%	-0.1%	—	—	—	—	—	—	—	—	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	266.6M	156.7M	152.4M	141.1M	99.3M	129.1M	86.1M	89.8M	125.1M	83.7M
Receivables	144.2M	159.7M	184.4M	167.4M	134.5M	140.9M	114.2M	117.7M	127.5M	104.8M
Inventory	29.1M	50.4M	52.6M	51M	71M	176.4M	119.7M	76.9M	79.8M	—
Total current assets	462.9M	408.8M	428.6M	614M	618.4M	782.3M	645.6M	641.6M	748M	585.8M
Property, plant & equipment	174.1M	187.4M	205.3M	205.1M	264.6M	272.5M	252.9M	241.6M	226.3M	206.6M
Goodwill & intangibles	1.4B	2.6B	2.3B	2.3B	2.7B	2.8B	2.7B	2.9B	2.5B	2.3B
Total assets	1.9B	2.5B	2.3B	2.6B	2.9B	3.5B	3.4B	3.4B	3.4B	3.1B
Accounts payable	46M	42.8M	48M	54.5M	54.8M	85.4M	44.6M	54.4M	60.4M	19.6M
Short-term debt	5.5M	228M	100.3M	27.6M	79.6M	174.2M	250.9M	316.2M	102.5M	280M
Total current liabilities	326.1M	571.6M	448.9M	458M	496.1M	716.8M	753.1M	815.5M	746.6M	910.6M
Long-term debt	13.9M	6.3M	7M	6M	57.6M	347.4M	236.4M	124.1M	11.2M	2M
Total liabilities	3.8B	4.2B	3.7B	3.4B	2.8B	1.3B	1.1B	1B	1.4B	1.6B
Shareholders' equity	-2B	-1.7B	-1.4B	-862.3M	139.3M	2.2B	2.2B	2.3B	2B	1.5B
Total debt	19.3M	234.3M	107.2M	33.6M	137.2M	521.7M	487.3M	440.3M	113.7M	282M
Net debt	-229.5M	77.5M	-45.2M	-107.4M	37.9M	392.5M	401.1M	350.5M	-11.4M	198.3M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26
Cash & short-term investments	94.6M	91.5M	89.8M	453.3M	371.1M	61.9M	125.1M	87M	85.8M	71.3M	83.7M	43.4M
Receivables	120.9M	115.3M	117.7M	102.1M	122.3M	121.2M	127.5M	98.7M	117.2M	91.7M	104.8M	87.5M
Inventory	116.4M	94.4M	76.9M	69.9M	72.8M	77.8M	79.8M	—	—	—	—	—
Total current assets	674M	651.1M	641.6M	1B	990.3M	674.7M	748M	707.6M	608.4M	576.4M	585.8M	532M
Property, plant & equipment	241.5M	238.3M	241.6M	237.4M	242.5M	228.1M	226.3M	221.8M	218.4M	209.3M	206.6M	242M
Goodwill & intangibles	3B	3B	2.9B	2.9B	2.8B	2.5B	2.5B	2.5B	2.2B	2.2B	2.3B	2.3B
Total assets	3.5B	3.5B	3.4B	3.8B	3.8B	3.4B	3.4B	3.3B	3.1B	3.1B	3.1B	3.1B
Accounts payable	61.4M	53.5M	54.4M	48.5M	54.3M	67.3M	60.4M	24.7M	21.9M	19.6M	19.6M	24.1M
Short-term debt	400.7M	335.5M	316.2M	101.3M	101.6M	102.1M	102.5M	76.3M	151M	280.6M	280M	280M
Total current liabilities	934M	900.3M	815.5M	770.5M	693.7M	725.7M	746.6M	648.5M	732.6M	880.7M	910.6M	854.8M
Long-term debt	180.1M	153.1M	124.1M	95.2M	67M	38.6M	11.2M	8.1M	5.1M	2.8M	2M	42.5M
Total liabilities	1.2B	1.2B	1B	1.5B	1.4B	1.4B	1.4B	1.4B	1.4B	1.5B	1.6B	1.5B
Shareholders' equity	2.3B	2.3B	2.3B	2.4B	2.4B	1.9B	2B	2B	1.7B	1.5B	1.5B	1.5B
Total debt	580.8M	488.6M	440.3M	196.6M	168.6M	140.7M	113.7M	84.4M	156.1M	283.3M	282M	322.5M
Net debt	486.1M	397.1M	350.5M	-256.7M	-202.5M	78.8M	-11.4M	-2.6M	70.2M	212M	198.3M	279.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	235.2M	449.6M	258M	334.7M	291.1M	304.6M	268.3M	174.9M	106.7M	30.8M
Depreciation & amortization	84.2M	104M	123.1M	140.2M	152.8M	121.1M	129.1M	133.8M	129M	117.6M
Stock-based compensation	48.7M	26.1M	28.8M	29M	20.7M	35.4M	46.2M	13.7M	23.3M	23.2M
Change in working capital	3.2M	-31.2M	-75K	-12M	-160.3M	14.4M	14.2M	26.4M	-14.3M	72M
Operating cash flow	393.1M	397.6M	474.5M	513.1M	348.6M	401.1M	520.4M	426.7M	117.6M	289.5M
Capital expenditure	-77M	-71.4M	-92.4M	-93.4M	-94.4M	-88.9M	-87.4M	-82.3M	-81.2M	-82.6M
Investing cash flow	-181.7M	-471.6M	-92.4M	-140.8M	-222.3M	-174.6M	-139.4M	-273.6M	-68.5M	-102.1M
Dividends paid	-92.7M	-90.4M	-79.3M	-57.8M	-48.9M	-102.8M	-96.5M	-100.2M	-95.2M	-77.4M
Share repurchases	-7.9M	-17.7M	-200.1M	-250.1M	-150.1M	0	-250.1M	0	-400M	-400.2M
Financing cash flow	-265.4M	-235.9M	-539.4M	-462.2M	-125.6M	-437.4M	-635.6M	-578.3M	-407.7M	-495.7M
Net change in cash	-54M	-309.9M	-157.3M	-89.9M	679K	-210.8M	-254.6M	-425.2M	-358.6M	-308.3M
Free cash flow	294.5M	320.9M	415.3M	412M	255.1M	318.5M	356.8M	362.2M	215.4M	318.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26
Net income	64.4M	48.6M	18.9M	41.8M	53.5M	-46.1M	60.6M	72.9M	-45.8M	-14.2M	17.9M	15.3M
Depreciation & amortization	34.5M	32.2M	33.2M	32.9M	32.9M	33M	30.4M	29.3M	29.5M	29.3M	29.6M	30.5M
Stock-based compensation	2.7M	6.6M	-2.6M	6.7M	8.4M	8.1M	75K	6.9M	2.6M	6.1M	7.6M	8.2M
Change in working capital	-12.1M	16.8M	7.8M	-8.1M	-7.8M	36.6M	-15M	18.2M	19.2M	8.5M	26.1M	6.9M
Operating cash flow	89.4M	97.2M	130M	-66.7M	75M	23.9M	108.7M	153.9M	-21.7M	67.7M	89.6M	67M
Capital expenditure	-19.5M	-20M	-23.8M	-21.3M	-27.8M	-18.6M	-13.6M	-17.7M	-22.2M	-21M	-21.8M	-19.5M
Investing cash flow	-207.2M	-22.3M	-23.8M	-21.3M	-27.8M	-5.8M	-13.6M	-17.7M	-22.2M	-21M	-61.6M	-19.5M
Dividends paid	-25M	-25M	-25M	-25.8M	-25.2M	-22M	-22.1M	-21.3M	-21M	-17.3M	-17.8M	-18.6M
Share repurchases	0	0	0	0	—	-400M	0	-56.4M	-133.3M	-210.4M	1K	0
Financing cash flow	-131.7M	-180.3M	-236.6M	87.9M	-7.9M	-458.3M	-29.4M	-88.1M	-190.5M	-368M	-27M	-156.7M
Net change in cash	-249.6M	-105.4M	-130.4M	-90K	39.3M	-440.2M	65.7M	48.1M	-234.4M	-321.3M	941K	-109.1M
Free cash flow	102.5M	114.4M	89.5M	60.6M	-74.3M	136.3M	92.7M	49.9M	89.5M	93.1M	86.2M	-3.6M

Premier Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement