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.
Type
Public
HQ
Charlotte, US
Founded
1968
Size (employees)
2,400 (est)
Premier was founded in 1968 and is headquartered in Charlotte, US
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Premier Office Locations

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

Premier Financials

Premier's revenue was reported to be $1.16 b in FY, 2016 which is a 15.4% increase from the previous period.
USD

Revenue (Q3, 2018)

1.2 b

Gross profit (Q3, 2018)

631.9 m

Gross profit margin (Q3, 2018), %

51.5%

Net income (Q3, 2018)

156.9 m

EBIT (Q3, 2018)

434.4 m

Market capitalization (23-May-2018)

1.7 b

Closing share price (23-May-2018)

32.4

Cash (31-Mar-2018)

149.4 m

EV

1.8 b
Premier's current market capitalization is $1.7 b.
Annual
usdFY, 2014FY, 2015FY, 2016

Revenue

910.5 m1 b1.2 b

Revenue growth, %

11%15%

Cost of goods sold

191.9 m253.6 m293.8 m

Gross profit

718.7 m753.4 m868.8 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Revenue

270.8 m291.7 m298.7 m313.3 m358.5 m379.8 m390.6 m1.2 b

Cost of goods sold

109.1 m112.6 m112.1 m138.5 m176 m177.2 m191.4 m595.5 m

Gross profit

161.7 m179.1 m186.6 m174.8 m182.5 m202.6 m199.2 m631.9 m

Gross profit Margin, %

60%61%62%56%51%53%51%51%
Annual
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
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Cash

1 158.1 m152 m94.5 m129.6 m155.6 m109.8 m157.4 m238.4 m156 m218.9 m236.2 m132.1 m149.4 m

Accounts Receivable

62 m68.7 m72.3 m81 m86.8 m101.2 m116.1 m125.1 m129 m144.5 m181.1 m162.2 m173.9 m174.1 m

Inventories

31.9 m30.2 m29.3 m34.7 m65.7 m48.8 m29.8 m57.2 m

Current Assets

250.9 m358.1 m395 m426.6 m509.6 m525.2 m363.5 m386.8 m453.3 m384 m514 m494.3 m393.9 m405.6 m
Annual
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
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Net Income

(198.3 k)164 m266 m64.9 m130.7 m202.7 m52.3 m113.2 m184.8 m58.1 m236.8 m308.9 m60.6 m156.9 m

Depreciation and Amortization

9 m18.9 m29.1 m11.2 m25.6 m39.7 m17.9 m39.4 m61.2 m23.2 m48.6 m77.8 m30.4 m94 m

Inventories

(3.4 m)(6.5 m)(1.7 m)(6.9 m)(9 m)1.2 m2.8 m3.8 m(827 k)(31.8 m)(14.7 m)29.8 m(6.8 m)

Accounts Payable

36.3 m25.8 m26.4 m43.9 m70.2 m31 m47.4 m
USDY, 2018

EV/EBIT

4 x

EV/CFO

4.7 x

Financial Leverage

-2 x
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Premier News and Updates

China's Premier Li says China and Germany uphold free trade

BEIJING (Reuters) - China's Premier Li Keqiang said on Thursday China has always supported a unified and prosperous Europe and that China and Germany uphold free trade.

Photo: A contrast between Chinese and US trade negotiators has gone viral in China

A photo taken during trade talks between the US and China has gone viral on Chinese social media. Interpreted by many as symbol of the…

ZTE ban almost lifted, sources say

The two countries seem to have come to an agreement.

US and China reach ‘handshake deal’ to ease tension and save ZTE

US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He have reportedly laid the groundwork for a deal which would end escalating tensions between the two nations and save the fast falling ZTE.

Hungry Indians are watching cricket and ordering in food like crazy

The Indian Premier League (IPL) has cricket-crazy Indians simply unwilling to move away from TV screens—not even for food. And guess who’s celebrating? Foodpanda. Since…

The scariest job chart in sports is now worse with Arsène Wenger gone

Club soccer managers are staying in their jobs in increasingly shorter tenures.  With Arsène Wenger gone, the longest-serving manager in the Premier League is Eddie Howe at Bournemouth.  Of the 20 Premier League clubs, half have changed managers in the last eight months and 15 have had their curre…
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