Cerner is a supplier of health care information technology solutions that optimize clinical and financial outcomes. The Company's solutions are offered on the unified Cerner Millennium architecture and on the HealtheIntent cloud-based platform. Cerner Millennium is a person-centric computing framework, which includes integrated clinical, financial and management information systems. This architecture allows providers to securely access an individual’s electronic health record at the point of care, and it organizes and proactively delivers information to meet the specific needs of physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals and consumers. Cerner's HealtheIntent platform is a cloud-based platform designed to scale at a population level while facilitating health and care at a person and provider level. On the HealtheIntent platform, the Company offers EHR-agnostic solutions that help health care systems aggregate, transform and reconcile data across the continuum of care, manage the health of populations they serve, improve outcomes and lower costs.
Company Growth (employees)
Type
Public
HQ
Kansas City, US
Founded
1979
Size (employees)
24,400 (est)
Website
cerner.com
Cerner was founded in 1979 and is headquartered in Kansas City, US

Cerner Office Locations

Cerner has an office in Kansas City
Kansas City, US (HQ)
2800 Rockcreek Pkwy

Cerner Financials and Metrics

Cerner Financials

Cerner's revenue was reported to be $4.8 b in FY, 2016
USD

Revenue (Q3, 2017)

1.3 b

Net income (Q3, 2017)

177.4 m

EBIT (Q3, 2017)

247.9 m

Market capitalization (13-Nov-2017)

22.2 b

Cash (30-Sep-2017)

573.1 m

EV

22.1 b
Cerner's current market capitalization is $22.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.9 b3.4 b4.4 b4.8 b

Revenue growth, %

17%30%8%

General and administrative expense

392.5 m

Operating expense total

392.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

727.8 m784.8 m851.8 m840.1 m1.1 b996.1 m1.1 b1.2 b1.1 b1.2 b1.3 b1.3 b1.3 b

General and administrative expense

51.4 m55.2 m57.2 m68.5 m98.7 m113.1 m135.5 m87.1 m90.1 m90 m88.4 m90.6 m84.2 m

Operating expense total

558.6 m606.8 m660.1 m652 m912.5 m829.2 m954.3 m942.3 m922.7 m974.7 m1 b1 b1 b

EBIT

169.2 m178 m191.6 m188.2 m215.4 m166.9 m171.7 m242.2 m215.4 m241.3 m244.1 m249.4 m247.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

202.4 m635.2 m402.1 m170.9 m

Inventories

32.3 m23.8 m15.8 m14.7 m

Current Assets

1.8 b2.3 b1.8 b1.6 b

PP&E

792.8 m924.3 m1.3 b1.6 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

287.5 m219.9 m315.3 m496.5 m261.8 m390.3 m294 m431.5 m295.6 m377.6 m378.5 m460.4 m573.1 m

Inventories

28.2 m28.3 m31.7 m28.6 m23.7 m22.6 m28.6 m19.7 m22.6 m16.7 m19 m14.6 m15.7 m

Current Assets

1.7 b1.9 b1.9 b2.2 b1.8 b1.9 b1.9 b2 b1.7 b1.9 b1.8 b2 b2.2 b

PP&E

724.9 m845.1 m863.7 m889.5 m1.2 b1.1 b1.2 b1.5 b1.4 b1.4 b1.6 b1.6 b1.6 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

398.4 m525.4 m539.4 m636.5 m

Depreciation and Amortization

263.5 m302.4 m452.2 m504.2 m

Inventories

(8.1 m)8.1 m13 m(666 k)

Accounts Payable

4.1 m3 m7 k(13.2 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

338.3 m119.5 m248.6 m377.6 m373.3 m110.9 m226 m486.8 m150.4 m316.8 m173.2 m352.9 m530.3 m

Depreciation and Amortization

189.5 m70.1 m141.8 m217.2 m329.1 m100.4 m213.5 m371.4 m119.1 m244.1 m134.8 m278.9 m425.2 m

Inventories

(3.9 m)3.9 m579 k3.5 m5.2 m7.7 m423 k(5.6 m)(8.5 m)(2.5 m)(4.3 m)211 k(909 k)

Accounts Payable

(19.3 m)(29.5 m)(518 k)20.1 m(7.6 m)6.3 m(4.1 m)(19.6 m)(23.1 m)(5.2 m)(21.9 m)33.6 m(12.7 m)
USDY, 2017

EV/EBIT

89.3 x

EV/CFO

23.1 x

Revenue/Employee

52.3 k

Financial Leverage

1.4 x
Show all financial metrics

Cerner Market Value History

Cerner Median Salaries

Source: 838 public H-1B filings from Cerner

Cerner's Web-traffic and Trends

Cerner Online and Social Media Presence

Cerner Company Life and Culture

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