Addus HomeCare Corporation (ADUS)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 102,691 | 103,749 | 100,635 | 95,993 | 90,956 | 83,800 | 78,477 | 73,832 | 68,737 | 67,281 | 67,125 | 67,279 | 65,936 | 58,294 | 53,457 | 46,016 | 44,507 | 47,321 | 42,133 | 39,917 |
| 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 |
| Operating profit margin | 8.87% | 9.17% | 9.07% | 8.88% | 8.65% | 8.20% | 7.91% | 7.62% | 7.29% | 7.30% | 7.47% | 7.64% | 7.67% | 7.00% | 6.60% | 5.92% | 5.83% | 6.23% | 5.73% | 5.70% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $102,691K ÷ $1,158,256K
= 8.87%
The operating profit margin of Addus HomeCare Corporation has shown a gradual increase over the analyzed periods from March 31, 2020, to December 31, 2024. The margin started at 5.70% in March 2020 and rose to 8.87% by December 2024. The company experienced fluctuations in the operating profit margin, reaching a peak of 9.17% on September 30, 2024.
This upward trend in the operating profit margin indicates that Addus HomeCare Corporation has been effectively controlling its operating expenses in relation to its revenue generation. The company has been able to improve its profitability over time, reflecting operational efficiency and possibly effective cost management strategies.
However, the slight decrease in the operating profit margin from September to December 2024, dropping to 8.87%, may warrant further monitoring to ensure sustained profitability and operational effectiveness. Overall, the improving trend in the operating profit margin demonstrates the company's ability to generate profits from its core operations and potentially create value for its stakeholders.
Peer comparison
Dec 31, 2024