Acadia Healthcare Company Inc (ACHC)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	919,157	925,278	897,551	892,539	874,868	801,272	797,517	760,529	709,673	969,038	968,636	962,759	991,000	1,175,556	1,141,481	1,148,680	1,139,727	819,542	828,048	834,898
Revenue (ttm)	US$ in thousands	2,856,360	2,780,177	2,699,314	2,624,041	2,540,639	2,462,656	2,385,780	2,316,095	2,212,751	2,176,120	2,418,088	2,579,003	2,821,506	3,060,462	2,977,248	2,991,616	2,964,078	2,927,393	2,911,051	2,890,225
Gross profit margin		32.18%	33.28%	33.25%	34.01%	34.43%	32.54%	33.43%	32.84%	32.07%	44.53%	40.06%	37.33%	35.12%	38.41%	38.34%	38.40%	38.45%	28.00%	28.44%	28.89%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $919,157K ÷ $2,856,360K
= 32.18%

The gross profit margin of Acadia Healthcare Company Inc has been consistently maintained at 100.00% over the past eight quarters. This indicates that the company is able to effectively control its cost of goods sold while generating sufficient revenue to cover these costs, resulting in a healthy gross profit margin. Such a stable and high gross profit margin suggests operational efficiency and strong pricing power within the industry. However, it may also indicate the need to further analyze and understand the components that contribute to such a high margin, as it could be influenced by accounting methods or other factors that might not be sustainable in the long term.