Acadia Healthcare Company Inc (ACHC)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 919,157 | 874,868 | 712,496 | 589,893 | 849,061 |
| Revenue | US$ in thousands | 2,856,360 | 2,540,640 | 2,212,750 | 1,957,410 | 2,920,370 |
| Gross profit margin | 32.18% | 34.43% | 32.20% | 30.14% | 29.07% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $919,157K ÷ $2,856,360K
= 32.18%
Acadia Healthcare Company Inc has consistently maintained a gross profit margin of 100.00% over the past five years, indicating that the company has been able to effectively manage its cost of goods sold relative to its revenue generation. This high level of gross profit margin suggests that Acadia Healthcare has efficient operations and effective control over its production costs. However, it's also important to note that a consistently high gross profit margin may indicate that the company is not investing enough in growth or innovation, as it could be prioritizing short-term profitability over long-term sustainability. Overall, Acadia Healthcare's stable gross profit margin demonstrates its ability to maintain profitability through strong cost management practices.
Peer comparison
Dec 31, 2023