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.