Addus HomeCare Corporation (ADUS)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 73,598 | 62,516 | 46,025 | 45,126 | 33,133 |
| Revenue | US$ in thousands | 1,160,600 | 1,051,790 | 943,505 | 859,640 | 762,533 |
| Net profit margin | 6.34% | 5.94% | 4.88% | 5.25% | 4.35% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $73,598K ÷ $1,160,600K
= 6.34%
Based on the provided data, the net profit margin of Addus HomeCare Corporation has shown a steady improvement over the past five years.
In December 31, 2020, the net profit margin was 4.35%, which increased to 5.25% by December 31, 2021. Over the subsequent years, the margin continued to improve, reaching 4.88% by December 31, 2022, 5.94% by December 31, 2023, and finally, 6.34% by December 31, 2024.
This trend indicates that the company has been effective in managing its expenses and generating more profit from its revenue over time. A rising net profit margin is generally viewed positively by investors and analysts as it suggests increasing efficiency and profitability within the organization.
Peer comparison
Dec 31, 2024