Latest Ratios: P/E Ratio 128.5x · EV/EBITDA 21.3x · ROE 1.2%. (2012–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.3B | $2.0B | $2.1B | $3.3B | $4.3B | $4.1B | $4.2B | $2.3B | $5.0B | $1.8B | $4.8B |
| Enterprise Value | $2.5B | $2.2B | $2.1B | $3.7B | $4.7B | $4.5B | $4.3B | $2.2B | $5.0B | $1.9B | $4.5B |
| P/E Ratio → | 128.45 | 99.68 | 17.95 | 18.95 | 16.29 | 15.67 | 16.80 | — | 26.17 | 23.84 | 33.71 |
| P/S Ratio | 2.31 | 1.99 | 1.88 | 3.03 | 3.03 | 2.38 | 3.26 | 1.90 | 3.01 | 1.25 | 4.09 |
| P/B Ratio | 1.70 | 1.32 | 1.09 | 1.42 | 1.93 | 1.83 | 30.43 | 1.39 | 3.35 | 1.23 | 4.01 |
| P/FCF | 7.33 | 6.32 | 9.92 | 9.15 | 12.17 | 12.84 | 16.61 | 5.62 | 12.04 | 5.65 | 16.14 |
| P/OCF | 5.82 | 5.02 | 7.20 | 7.46 | 9.77 | 10.04 | 12.12 | 4.58 | 9.84 | 4.62 | 12.79 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.19 | 1.87 | 3.35 | 3.31 | 2.60 | 3.29 | 1.81 | 2.98 | 1.30 | 3.89 |
| EV / EBITDA | 21.35 | 18.64 | 8.32 | 9.72 | 12.19 | 11.86 | 8.12 | 4.34 | 7.47 | 4.48 | 12.92 |
| EV / EBIT | 2271.46 | 19.21 | 14.43 | 13.76 | 14.03 | 17.07 | 10.82 | 5.99 | 9.47 | 3.56 | 17.00 |
| EV / FCF | — | 6.95 | 9.86 | 10.12 | 13.29 | 14.07 | 16.76 | 5.36 | 11.93 | 5.89 | 15.36 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 73.4% | 73.4% | 76.3% | 80.1% | 61.8% | 48.6% | 66.7% | 70.8% | 51.9% | 53.3% | 60.7% |
| Operating Margin | 0.1% | 0.1% | 11.1% | 22.3% | 18.2% | 14.9% | 28.7% | 30.3% | 32.5% | 21.8% | 22.9% |
| Net Profit Margin | 2.0% | 2.0% | 10.5% | 16.0% | 18.6% | 16.7% | 10.0% | 9.0% | 2.0% | 7.8% | 3.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.2% | 1.2% | 5.6% | 7.6% | 11.9% | 24.3% | 14.5% | 6.9% | 2.2% | 8.5% | 3.5% |
| ROA | 0.6% | 0.6% | 3.5% | 5.2% | 7.7% | 8.9% | 4.7% | 4.5% | 1.4% | 5.2% | 2.5% |
| ROIC | 0.0% | 0.0% | 4.1% | 6.9% | 7.4% | 13.8% | 32.4% | 18.4% | 27.0% | 19.0% | 20.9% |
| ROCE | 0.0% | 0.0% | 4.9% | 9.5% | 9.6% | 9.8% | 16.4% | 18.5% | 28.4% | 18.3% | 19.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.18 | 0.18 | 0.06 | 0.19 | 0.22 | 0.23 | 0.99 | 0.02 | 0.07 | 0.16 | 0.02 |
| Debt / EBITDA | 2.37 | 2.37 | 0.45 | 1.17 | 1.25 | 1.38 | 0.26 | 0.07 | 0.16 | 0.56 | 0.06 |
| Net Debt / Equity | — | 0.13 | -0.01 | 0.15 | 0.18 | 0.18 | 0.27 | -0.06 | -0.03 | 0.05 | -0.19 |
| Net Debt / EBITDA | 1.67 | 1.67 | -0.04 | 0.93 | 1.03 | 1.04 | 0.07 | -0.21 | -0.07 | 0.18 | -0.66 |
| Debt / FCF | — | 0.62 | -0.05 | 0.97 | 1.12 | 1.23 | 0.15 | -0.26 | -0.11 | 0.24 | -0.78 |
| Interest Coverage | 0.06 | 0.06 | 191.31 | 16.67 | 23.34 | 21.47 | 33.03 | 149.14 | 101.82 | 70.42 | 260.48 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.64 | 0.64 | 1.01 | 0.79 | 0.86 | 1.09 | 1.25 | 1.34 | 0.95 | 0.72 | 1.42 |
| Quick Ratio | 0.64 | 0.64 | 0.90 | 0.69 | 0.70 | 0.85 | 1.10 | 1.23 | 0.84 | 0.63 | 1.33 |
| Cash Ratio | 0.09 | 0.09 | 0.17 | 0.11 | 0.11 | 0.18 | 0.20 | 0.31 | 0.34 | 0.27 | 0.82 |
| Asset Turnover | — | 0.33 | 0.33 | 0.32 | 0.43 | 0.49 | 0.44 | 0.47 | 0.72 | 0.58 | 0.63 |
| Inventory Turnover | 3.37 | — | 3.37 | 2.83 | 4.58 | 5.01 | 6.10 | 6.97 | 15.17 | 13.49 | 15.70 |
| Days Sales Outstanding | — | 150.46 | 140.34 | 138.13 | 95.32 | 86.68 | 98.50 | 118.35 | 41.04 | 41.77 | 46.32 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.0% | 3.8% | 4.5% | 3.0% | 2.2% | 2.3% | 1.2% | 2.5% | 1.6% | 5.0% | 2.0% |
| Payout Ratio | 382.1% | 382.1% | 79.6% | 57.3% | 36.3% | 32.3% | 37.5% | 53.0% | 238.0% | 79.7% | 222.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.8% | 1.0% | 5.6% | 5.3% | 6.1% | 6.4% | 6.0% | — | 3.8% | 4.2% | 3.0% |
| FCF Yield | 13.6% | 15.8% | 10.1% | 10.9% | 8.2% | 7.8% | 6.0% | 17.8% | 8.3% | 17.7% | 6.2% |
| Buyback Yield | 17.1% | 19.9% | 18.7% | 0.0% | 5.8% | 0.0% | 3.5% | 10.8% | 4.0% | 1.0% | 0.2% |
| Total Shareholder Yield | 20.1% | 23.7% | 23.2% | 3.0% | 8.0% | 2.3% | 4.7% | 13.3% | 5.6% | 6.0% | 2.1% |
| Shares Outstanding | — | $92M | $114M | $120M | $122M | $118M | $124M | $59M | $137M | $50M | $145M |
Regulatory GPO fee scrutiny
According to recent market data, PINC trades at a trailing P/E of 128.45, a multiple that appears disconnected from its current revenue contraction and suggests investors are pricing in a significant turnaround that remains unproven based on the company's recent financial performance and strategic pivot.
The disparity between the elevated trailing P/E and the forward P/E of 20.79 implies that the market anticipates a sharp recovery in earnings, likely driven by the PINC AI segment. However, given the ongoing revenue decline, this valuation may be overly optimistic, as it assumes a successful transition to a higher-margin SaaS model without accounting for the potential loss of legacy GPO fee stability.
As reported in quarterly financial statements, PINC's ROIC has trended downward to 1.1% in 2026Q1, a significant decline from historical levels that indicates the company is struggling to generate adequate returns on its invested capital during its current phase of operational and strategic transformation.
The compression in ROIC suggests that the capital deployed into the PINC AI platform and other growth initiatives is not yet yielding the expected margin expansion. Investors should monitor whether this decay is a temporary byproduct of restructuring costs or a structural issue regarding the company's ability to compete in the high-growth healthcare informatics space.
Based on the provided financial data, PINC's asset turnover has remained stagnant at 0.08 in 2026Q1, reflecting a persistent inability to optimize its asset base effectively while navigating the complexities of its dual-segment business model and the associated administrative fee-share payment cycles.
The high DSO figures, which reached 636 days in the most recent quarter, indicate significant friction in the cash conversion cycle, likely tied to the timing of member fee-share payouts. This lack of efficiency suggests that the company's working capital management is currently a drag on liquidity rather than a source of operational strength.
As evidenced by the company's latest quarterly filings, the current ratio has fallen to 0.62, a level that warrants close investigation as it indicates a tightening liquidity position that may limit the company's flexibility to fund future technology acquisitions or navigate unexpected regulatory headwinds.
The decline in the current ratio from historical peaks suggests that PINC's ability to cover short-term obligations is becoming increasingly reliant on the timing of cash inflows from its GPO segment. This vulnerability is exacerbated by the company's recent revenue contraction, which may further constrain its ability to maintain a comfortable liquidity cushion.
The P/E ratio is frequently misapplied to PINC, as it obscures the impact of non-recurring restructuring charges and stock-based compensation that distort net income, making an EV/EBITDA or FCF-based valuation a more reliable metric for assessing the company's true underlying cash-generating capacity.
Because PINC's net income is highly sensitive to accounting adjustments and the timing of member rebates, the P/E ratio often provides a misleading picture of the company's operational health. Analysts should instead focus on EV/EBITDA to normalize for capital structure and non-cash expenses, which better reflects the core profitability of the GPO and SaaS segments.
Includes 30+ ratios · 14 years · Updated daily
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Quick answers to the most common questions about buying PINC stock.
Premier, Inc.'s current P/E ratio is 128.5x. The historical average is 29.9x. This places it at the 100th percentile of its historical range.
Premier, Inc.'s current EV/EBITDA is 21.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.7x.
Premier, Inc.'s return on equity (ROE) is 1.2%. The historical average is 8.4%.
Based on historical data, Premier, Inc. is trading at a P/E of 128.5x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Premier, Inc.'s current dividend yield is 2.98% with a payout ratio of 382.1%.
Premier, Inc. has 73.4% gross margin and 0.1% operating margin.
Premier, Inc.'s Debt/EBITDA ratio is 2.4x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.