Amedisys Inc (AMED)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -9,747 | 118,609 | 209,072 | 183,608 | 126,833 |
| Revenue | US$ in thousands | 2,236,380 | 2,223,200 | 3,899 | 23,392 | 1,955,630 |
| Net profit margin | -0.44% | 5.34% | 5,362.20% | 784.92% | 6.49% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-9,747K ÷ $2,236,380K
= -0.44%
The net profit margin of Amedisys Inc. has shown some variability over the past five years. In 2019, the company reported a net profit margin of 6.49%, which increased to 8.86% in 2020 before further increasing to 9.44% in 2021, indicating improved profitability during these years. However, there was a slight decline in the net profit margin to 5.34% in 2022, followed by a notable decrease to -0.44% in 2023, reflecting a significant drop in profitability.
Overall, the company's net profit margin trend indicates fluctuations in profitability over the analyzed period. It is essential for the company to closely monitor its cost structure, revenue generation, and operational efficiency to enhance its net profit margin in the coming years and ensure sustainable financial performance.
Peer comparison
Dec 31, 2023