Addus HomeCare Corporation (ADUS)
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 | 32.31% | 31.91% | 31.73% | 31.80% | 31.77% | 31.87% | 31.78% | 31.67% | 31.39% | 30.78% | 30.28% | 29.78% | 29.66% | 29.59% | 29.03% | 28.29% | 27.57% | 26.64% | 26.60% | 26.68% |
| Operating profit margin | 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% | 5.35% | 4.46% | 4.41% | 4.40% |
| Pretax margin | 7.73% | 7.26% | 6.97% | 6.68% | 6.38% | 6.48% | 6.72% | 6.95% | 7.03% | 6.42% | 6.12% | 5.51% | 5.50% | 5.94% | 5.41% | 5.37% | 5.01% | 3.98% | 3.78% | 3.63% |
| 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% |
Addus HomeCare Corporation has shown a consistent trend of improving profitability ratios over the past eight quarters. The gross profit margin has remained relatively stable around the low 30% range, indicating efficient management of cost of goods sold.
The operating profit margin has shown a positive trend, increasing from 7.23% in Q4 2022 to 8.59% in Q4 2023, reflecting the company's ability to control operating expenses and generate higher earnings from its core operations.
The pretax margin has also shown improvement, increasing from 6.33% in Q4 2022 to 7.68% in Q4 2023, indicating effective management of both operating and non-operating expenses.
The net profit margin, which represents the bottom line profitability after accounting for all expenses, has consistently improved over the period, reaching 5.91% in Q4 2023. This indicates that Addus HomeCare Corporation has been able to translate its revenue into higher net income through effective cost management and operational efficiency.
Overall, the company's profitability ratios demonstrate a positive trend, indicating a solid financial performance and efficient operations.
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) | 8.88% | 8.09% | 8.45% | 7.93% | 7.33% | 7.11% | 6.96% | 6.82% | 6.96% | 6.30% | 6.01% | 5.24% | 4.99% | 6.80% | 6.37% | 6.19% | 5.46% | 4.30% | 6.10% | 6.36% |
| Return on assets (ROA) | 6.10% | 5.57% | 5.80% | 5.39% | 4.91% | 4.69% | 4.60% | 4.53% | 4.76% | 4.38% | 4.28% | 3.80% | 3.71% | 5.09% | 4.72% | 4.59% | 3.96% | 3.05% | 4.24% | 4.25% |
| Return on total capital | 11.13% | 10.01% | 10.61% | 9.80% | 9.03% | 8.70% | 8.48% | 8.03% | 8.32% | 7.50% | 7.27% | 6.40% | 6.33% | 8.52% | 7.81% | 7.51% | 6.68% | 5.20% | 8.00% | 8.44% |
| Return on equity (ROE) | 8.85% | 8.43% | 8.08% | 7.74% | 7.26% | 7.21% | 7.40% | 7.63% | 7.86% | 7.26% | 7.00% | 6.30% | 6.39% | 6.98% | 6.31% | 6.08% | 5.31% | 4.09% | 6.16% | 5.87% |
Addus HomeCare Corporation's profitability ratios have shown overall improvement over the quarters analyzed.
1. Operating return on assets (Operating ROA) has been increasing steadily, with a Q4 2023 value of 8.88%, indicating the company's ability to generate profits from its operating activities relative to its total assets.
2. Return on assets (ROA) has also been on an upward trend, reaching 6.10% in Q4 2023. This ratio indicates the company's efficiency in utilizing its assets to generate profits for shareholders.
3. Return on total capital has consistently shown an increase, with a value of 10.95% in Q4 2023. This ratio reflects the company's ability to generate returns on total invested capital, including both debt and equity.
4. Return on equity (ROE) has exhibited a positive trend, with a value of 8.85% in Q4 2023. This ratio represents the profitability of the company from the perspective of its equity shareholders.
Overall, Addus HomeCare Corporation's profitability ratios suggest a positive outlook in terms of generating returns for both asset utilization and capital investment.