Addus HomeCare Corporation (ADUS)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 62,516 | 57,700 | 53,832 | 50,230 | 46,025 | 44,321 | 44,355 | 44,702 | 45,126 | 40,517 | 38,059 | 33,369 | 33,133 | 35,421 | 31,214 | 29,599 | 25,237 | 18,892 | 17,338 | 16,098 |
| Revenue (ttm) | US$ in thousands | 1,051,791 | 1,022,325 | 991,801 | 968,399 | 943,504 | 921,874 | 898,854 | 880,430 | 859,640 | 832,331 | 810,463 | 777,659 | 762,842 | 759,222 | 735,551 | 700,648 | 650,057 | 597,350 | 565,258 | 547,388 |
| Net profit margin | 5.94% | 5.64% | 5.43% | 5.19% | 4.88% | 4.81% | 4.93% | 5.08% | 5.25% | 4.87% | 4.70% | 4.29% | 4.34% | 4.67% | 4.24% | 4.22% | 3.88% | 3.16% | 3.07% | 2.94% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $62,516K ÷ $1,051,791K
= 5.94%
The net profit margin of Addus HomeCare Corporation has shown a steady improvement over the quarters, indicating an effective management of expenses relative to revenue. The company's net profit margin has increased from 4.84% in Q4 2022 to 5.91% in Q4 2023, reflecting an upward trend in profitability. This improvement suggests that Addus HomeCare Corporation has been able to control its costs efficiently and generate a higher proportion of net income for every dollar of revenue generated. Additionally, the consecutive quarter-over-quarter increase in net profit margin indicates a positive trajectory for the company's financial performance. Overall, the consistent growth in net profit margin demonstrates improved efficiency and profitability within the organization.
Peer comparison
Dec 31, 2023