Premier (Premier) Retained Earnings : $453 Mil (As of Dec. 2023)

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What is Premier Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Premier's retained earnings for the quarter that ended in Dec. 2023 was $453 Mil.

Premier's quarterly retained earnings increased from Jun. 2023 ($405 Mil) to Sep. 2023 ($424 Mil) and increased from Sep. 2023 ($424 Mil) to Dec. 2023 ($453 Mil).

Premier's annual retained earnings increased from Jun. 2021 ($169 Mil) to Jun. 2022 ($332 Mil) and increased from Jun. 2022 ($332 Mil) to Jun. 2023 ($405 Mil).

Premier Retained Earnings Historical Data

The historical data trend for Premier's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Premier Retained Earnings Chart

Premier Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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-775.67

169.47

331.69

405.10

Premier Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															388.05	409.63	405.10	424.26	452.95

Premier Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Premier (NAS:PINC) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Premier (Premier) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Premier Inc (NAS:PINC) » Definitions » Retained Earnings

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Address

13034 Ballantyne Corporate Place, Charlotte, NC, USA, 28277

Website

https://www.premierinc.com

Premier Inc is a Charlotte, North Carolina-based national group purchasing organization providing primary supply chain services to large hospital systems and more recently to alternate outpatient locations as it expands its footprint. Through acquisitions, the company also offers a compliment of advisory services and consulting services along with software-as-a-service-based subscriptions. The company's revenue is all sourced domestically and is reported in two business segments: the core supply chain services (approximately 70% of fiscal 2019 revenue) and the consulting and technology platform of performance services (approximately 30%).

Executives

Andy Brailo	officer: Chief Commercial Officer	13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Andrea L. Frohning	officer: Chief Human Resource Officer	C/O DENTSLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Crystal Climer	officer: Chief Accounting Officer	PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Leigh Anderson	officer: SVP, Chief Information Officer	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
David L Klatsky	officer: General Counsel	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
David Alfred Hargraves	officer: SVP, Supply Chain	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Craig S. Mckasson	officer: Senior VP & CFO	C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Jody R Davids	director	C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Lindsay A Powers	officer: Sr. VP of People	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Stephen R. D'arcy	director	20 BURTON HILLS BOULEVARD, SUITE 100, NASHVILLE TN 37215
William E Mayer	director	C/O LEE ENTERPRISES INC, 201 N. HARRISON ST., STE. 600, DAVENPORT IA 52801
Helen M Boudreau	director	200 TECHNOLOGY SQUARE, 4TH FLOOR, CAMBRIDGE MA 02139
John T. Bigalke	director	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Kelli L. Price	officer: Sr. VP of People	C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Susan D. Devore	director, officer: President & CEO	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277