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Premier Inc
Previous close
$22.42
Day range
$22.43 - $23.01
Year range
$17.95 - $23.43
Market cap
2.20B USD
Avg Volume
813.92K
P/E ratio
16.72
Dividend yield
3.68%
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 248.14M | -7.76% |
Operating expense | 142.11M | 2.53% |
Net income | 70.78M | 58.14% |
Net profit margin | 28.53 | 71.45% |
Earnings per share | 0.34 | -37.04% |
EBITDA | 67.60M | -31.84% |
Effective tax rate | 23.74% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 86.96M | -80.82% |
Total assets | 3.31B | -13.92% |
Total liabilities | 1.36B | -9.18% |
Total equity | 1.95B | — |
Shares outstanding | 96.11M | — |
Price to book | 1.12 | — |
Return on assets | 2.85% | — |
Return on capital | 4.63% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 70.78M | 58.14% |
Cash from operations | 67.65M | -17.38% |
Cash from investing | -17.72M | 16.70% |
Cash from financing | -88.14M | -129.10% |
Net change in cash | -38.19M | -110.51% |
Free cash flow | -27.71M | -112.53% |
About
Premier, Inc. is an American healthcare company, based in Charlotte, North Carolina. The company is listed on New York Stock Exchange Class A.
In the early 2000s, Premier was a hospital buying group, pooling healthcare purchases to reduce prices.
In 2017, Premier acquired Stanson Health for $51.5 million and, in 2019, acquired Medpricer, a healthcare technology firm, for $35 million. In June 2020, Premier partnered with McLaren Health Care to acquire a minority stake in Prestige Ameritech, a manufacturer of personal protective equipment.
In 2021, Michael J Alkire was appointed as the CEO of the company. Wikipedia
CEO
Founded
2013
Headquarters
Website
Employees
2,900
