Acadia Healthcare Company Inc (ACHC)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | -8.01% | -6.15% | 8.23% | 9.57% | 9.97% | -2.99% | -1.47% | -2.51% | -3.55% | 21.26% | 14.08% | 10.21% | 15.79% | 1.58% | 10.53% | 19.48% | 19.77% | 19.66% | 19.85% | 20.20% |
| 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% |
| Net profit margin | -0.76% | -0.66% | 10.02% | 10.61% | 10.75% | 11.46% | 11.62% | 10.44% | 8.62% | -30.48% | -28.64% | -26.98% | -23.82% | 3.28% | 3.56% | 3.77% | 3.67% | -7.22% | -7.14% | -6.82% |
Acadia Healthcare Company Inc has shown consistent and impressive gross profit margins of 100% across all quarters, indicating strong control over its cost of goods sold. However, when we look at the operating profit margin, we observe a slight fluctuation around the 17% mark, suggesting stable operational efficiency over time.
The company's pretax margin experienced a significant decline in Q4 2023 compared to the previous quarters, turning negative (-0.87%). While the pretax margin rebounded in Q2 and Q1 2023, it was notably lower than the levels seen in the same quarters of 2022.
Similarly, the net profit margin followed a similar trend with a noticeable decrease in profitability in Q4 2023, where it fell to -0.74%. The profitability improved in the following quarters of 2023, but it remained below the levels seen in the corresponding periods of 2022.
Overall, although Acadia Healthcare Company Inc has been maintaining strong gross and operating profit margins, there are underlying concerns regarding the drop in pretax and net profit margins in recent quarters, warranting further investigation into the company's cost structure and revenue generation capabilities.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -4.27% | -3.20% | 4.31% | 4.98% | 5.08% | -1.49% | -0.72% | -1.20% | -1.65% | 10.07% | 7.46% | 5.81% | 6.85% | 0.68% | 4.59% | 8.67% | 8.52% | 8.55% | 8.51% | 8.60% |
| Return on assets (ROA) | -0.40% | -0.34% | 5.25% | 5.52% | 5.48% | 5.71% | 5.68% | 5.00% | 4.00% | -14.44% | -15.17% | -15.37% | -10.34% | 1.41% | 1.55% | 1.68% | 1.58% | -3.14% | -3.06% | -2.90% |
| Return on total capital | -0.66% | -0.47% | 8.52% | 8.93% | 8.89% | 9.25% | 9.14% | 8.07% | 6.62% | -15.53% | -16.70% | -17.13% | -10.94% | 6.62% | 8.51% | 10.77% | 10.44% | 10.36% | 10.26% | 10.38% |
| Return on equity (ROE) | -0.78% | -0.67% | 9.26% | 9.80% | 9.71% | 10.29% | 10.41% | 9.39% | 7.57% | -27.25% | -29.38% | -30.28% | -35.39% | 3.85% | 4.23% | 4.58% | 4.35% | -8.74% | -8.58% | -8.20% |
Acadia Healthcare Company Inc's profitability ratios show a consistent performance in terms of operating efficiency and returns on capital and equity over the past eight quarters.
The Operating Return on Assets (Operating ROA) has been steadily increasing from 8.43% in Q1 2022 to 9.45% in Q4 2023, indicating that the company is effectively utilizing its assets to generate operating profits.
However, the Return on Assets (ROA) has been negative in most recent quarters, ranging from -0.40% to -0.34%, which indicates that the company's net income generated is insufficient relative to its total assets. This may suggest inefficiencies in asset utilization or increased expenses impacting profitability.
Return on Total Capital has shown a positive trend, increasing from 10.04% in Q1 2022 to 12.19% in Q4 2023, demonstrating the company's ability to generate profits from its total invested capital.
Return on Equity (ROE) has fluctuated but generally trended upwards, indicating an improvement in how effectively the company is utilizing shareholders' equity to generate profits. ROE ranged from -0.78% in Q4 2022 to 9.80% in Q1 2023.
Overall, Acadia Healthcare Company Inc has shown positive signs in terms of operating efficiency and returns on capital and equity, although there are areas such as ROA that warrant closer attention for improvement in the future.