As a leading national healthcare solutions organization, Premier, Inc. collaborates with healthcare organizations to improve supply chain management, decrease healthcare costs, integrate data and improve the health of communities. As an industry leader, Premier has created one of the most comprehensive database of actionable data, best practices and cost reduction strategies. We enable our members to collaborate easily and efficiently improve their quality outcomes, while reducing costs. By engaging members and revealing new opportunities, we empower our alliance to improve performance like no one else in healthcare can.
Company Growth (employees)
Type
Public
HQ
Charlotte, US
Founded
1968
Size (employees)
2,100 (est)
Premier was founded in 1968 and is headquartered in Charlotte, US

Premier Office Locations

Premier has offices in Charlotte and Washington
Charlotte, US (HQ)
13034 Ballantyne Corporate Pl
Washington, US
444 North Capitol St NW

Premier Data and Metrics

Premier Financial Metrics

Premier's revenue was reported to be $379.8 m in Q3, 2017
USD

Revenue (Q3, 2017)

379.8 m

Gross profit (Q3, 2017)

202.6 m

Gross profit margin (Q3, 2017), %

53%

Net income (Q3, 2017)

72.1 m

EBIT (Q3, 2017)

79.1 m

Market capitalization (17-Aug-2017)

1.7 b

Cash (31-Mar-2017)

236.2 m
Premier's current market capitalization is $1.7 b.
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

910.5 m1 b1.2 b

Revenue growth, %

11%15%

Cost of goods sold

106.7 m133.6 m191.9 m253.6 m293.8 m

Gross profit

718.7 m753.4 m868.8 m

Gross profit Margin, %

79%75%75%

R&D expense

2.9 m

General and administrative expense

403.6 m

Operating expense total

300.9 m344.1 m439.6 m

EBIT

285.1 m244.8 m244.3 m

EBIT margin, %

31%24%21%

Pre tax profit

271.1 m284.9 m

Income tax expense

8.2 m9.7 m27.7 m36.3 m49.7 m

Net Income

332.6 m234.8 m235.2 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Revenue

270.8 m291.7 m298.7 m313.3 m358.5 m379.8 m

Cost of goods sold

109.1 m112.6 m112.1 m138.5 m176 m177.2 m

Gross profit

161.7 m179.1 m186.6 m174.8 m182.5 m202.6 m

Gross profit Margin, %

60%61%62%56%51%53%

R&D expense

456 k424 k1.2 m806 k767 k755 k

General and administrative expense

86.9 m99.3 m101.9 m92.2 m95.9 m108.7 m

Operating expense total

87.4 m99.7 m103.1 m93 m96.7 m109.4 m

EBIT

68.3 m70.1 m74.8 m72.5 m74.6 m79.1 m

EBIT margin, %

25%24%25%23%21%21%

Pre tax profit

71.3 m73.7 m81.1 m81.4 m283.6 m78.7 m

Income tax expense

19 m12.7 m9.5 m23.3 m104.9 m6.5 m

Net Income

64.9 m130.7 m202.7 m52.3 m61 m71.6 m58.1 m178.7 m72.1 m
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

246.6 m140.8 m198.3 m131.8 m146.5 m248.8 m

Accounts Receivable

67.6 m99.1 m144.4 m

Inventories

31.2 m22.4 m19.6 m

Current Assets

422.1 m553.2 m462.9 m

Goodwill

94.5 m215.6 m538 m

Total Assets

1.2 b1.5 b1.9 b

Accounts Payable

28 m37.6 m46 m

Total Debt

5.5 m

Current Liabilities

223.9 m269.6 m326.1 m

Total Liabilities

669.6 m

Common Stock

377 k460 k

Retained Earnings

(2.5 b)(3.1 b)(2 b)

Total Equity

(3.1 b)(2 b)

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

-0.5 x-1 x
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Cash

94.5 m129.6 m155.6 m109.8 m157.4 m238.4 m156 m218.9 m236.2 m

Accounts Receivable

81 m86.8 m101.2 m116.1 m125.1 m129 m144.5 m181.1 m162.2 m

Inventories

31.9 m30.2 m29.3 m34.7 m65.7 m48.8 m

Current Assets

426.6 m509.6 m525.2 m363.5 m386.8 m453.3 m384 m514 m494.3 m

Goodwill

214.6 m214.5 m213.8 m531.3 m537.9 m537.9 m577.8 m862.9 m865.4 m

Total Assets

1.3 b1.4 b1.5 b1.7 b1.8 b1.9 b1.9 b2.6 b2.6 b

Accounts Payable

26 m29 m30.5 m36.3 m25.8 m26.4 m43.9 m70.2 m31 m

Current Liabilities

211.2 m240.1 m246.5 m246.7 m262.6 m299.1 m301.1 m791.7 m725.9 m

Common Stock

324 k371 k374 k378 k436 k453 k481 k502 k507 k

Retained Earnings

(2.8 b)(2.7 b)(3.1 b)(2.6 b)(2.4 b)(2.1 b)(1.8 b)(1.4 b)(1.5 b)

Total Equity

(2.8 b)(2.7 b)(3.1 b)(2.6 b)(2.4 b)(2.1 b)(1.8 b)(1.4 b)(1.5 b)

Financial Leverage

-0.5 x-0.5 x-0.5 x-0.6 x-0.7 x-0.9 x-1 x-1.8 x-1.7 x
USDFY, 2014FY, 2015FY, 2016

Net Income

332.6 m234.8 m235.2 m

Depreciation and Amortization

39.8 m54.3 m84.2 m

Inventories

(8.1 m)(12 m)3.9 m

Cash From Operating Activities

368.1 m364.1 m371.5 m

Purchases of PP&E

(55.7 m)(77 m)

Capital Expenditures

(70.7 m)

Cash From Investing Activities

(397.1 m)(231.9 m)(159.6 m)

Cash From Financing Activities

(37.5 m)(117.4 m)(109.5 m)

Free Cash Flow

434.8 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Net Income

64.9 m130.7 m202.7 m52.3 m61 m71.6 m58.1 m178.7 m72.1 m

Depreciation and Amortization

11.2 m25.6 m39.7 m

Accounts Receivable

116.1 m125.1 m129 m144.5 m181.1 m162.2 m

Inventories

(1.7 m)(6.9 m)(9 m)31.9 m30.2 m29.3 m34.7 m65.7 m48.8 m

Accounts Payable

36.3 m25.8 m26.4 m43.9 m70.2 m31 m

Cash From Operating Activities

45.9 m153.7 m255.6 m

Purchases of PP&E

(14.4 m)(32.4 m)(51.1 m)

Cash From Investing Activities

(60.6 m)(110.8 m)(149.2 m)

Cash From Financing Activities

(22.5 m)(45.1 m)(82.6 m)
USDY, 2017

Revenue/Employee

180.9 k

Financial Leverage

-1.7 x

Premier Market Value History

Premier Median Salaries

Source: 32 public H-1B filings from Premier

Traffic Overview of Premier

Premier Online and Social Media Presence

Premier News and Updates

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At Mashable, we get really excited when the technology of tomorrow becomes the tech of today. Not just excited – obsessed.   In the spirit of this fervor for the future, we’re thrilled to announce an innovative VR documentary series with Within, a virtual reality media company that’s pushing the…
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