Acadia Healthcare Company Inc (ACHC)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -31,366 | -23,262 | 361,476 | 374,100 | 367,239 | 376,128 | 364,510 | 320,553 | 258,235 | -603,935 | -641,283 | -654,874 | -631,526 | 123,744 | 126,958 | 136,446 | 134,008 | -192,091 | -186,505 | -177,045 |
| 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 |
| Pretax margin | -1.10% | -0.84% | 13.39% | 14.26% | 14.45% | 15.27% | 15.28% | 13.84% | 11.67% | -27.75% | -26.52% | -25.39% | -22.38% | 4.04% | 4.26% | 4.56% | 4.52% | -6.56% | -6.41% | -6.13% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-31,366K ÷ $2,856,360K
= -1.10%
The pretax margin of Acadia Healthcare Company Inc has shown fluctuating performance over the past eight quarters. Starting from Q1 2022, the company reported a pretax margin of 13.69%, which remained relatively stable in Q2 2022. However, in Q3 and Q4 of 2022, the pretax margin slightly improved to 15.12%. Moving into 2023, there was a noticeable decline in Q1 to 14.33%, followed by a further decrease in Q2 to 13.22%. The pretax margin then experienced a slight recovery in Q3 and Q4 of 2023, but still remained negative at -0.60% and -0.87%, respectively.
This fluctuation in the pretax margin indicates possible challenges or changes in the company's operating performance, cost structure, or revenue generation. It is important for Acadia Healthcare Company Inc to closely monitor and analyze the factors impacting its pretax margin to ensure sustainable profitability and financial health in the future.
Peer comparison
Dec 31, 2023