Addus HomeCare Corporation (ADUS)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 73,598 | 73,650 | 68,898 | 65,671 | 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 |
| Revenue (ttm) | US$ in thousands | 1,158,256 | 1,131,206 | 1,109,629 | 1,080,856 | 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 |
| Net profit margin | 6.35% | 6.51% | 6.21% | 6.08% | 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% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $73,598K ÷ $1,158,256K
= 6.35%
Addus HomeCare Corporation's net profit margin has shown fluctuations over the reported periods. The net profit margin is an important financial ratio that indicates the company's profitability.
From March 31, 2020, to June 30, 2021, the net profit margin remained relatively stable, ranging between 4.22% and 4.70%. However, starting from September 30, 2021, there was a gradual increase in the net profit margin, reaching 6.35% by December 31, 2024.
The increasing trend in the net profit margin signifies that the company's profitability improved during the latter part of the reporting period. A higher net profit margin indicates that Addus HomeCare Corporation was able to effectively control its costs relative to its revenue, resulting in higher earnings for each dollar of revenue generated.
Overall, the increasing trend in the net profit margin demonstrates the company's ability to manage its expenses efficiently and generate higher profits over time. This indicates positive financial performance and potential strength in Addus HomeCare Corporation's operations.
Peer comparison
Dec 31, 2024