Amedisys Inc (AMED)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 40,812 | 52,819 | 49,587 | 152,510 | 161,154 | 166,567 | 187,245 | 255,042 | 279,137 | 293,777 | 299,819 | 235,829 | 209,192 | 186,730 | 168,970 | 168,273 | 169,303 | 166,580 | 163,786 | 163,674 |
| Revenue (ttm) | US$ in thousands | 2,236,382 | 2,227,658 | 2,229,409 | 2,234,331 | 2,223,199 | 1,671,704 | 1,667,201 | 1,111,979 | 573,337 | 567,158 | 15,793 | 33,153 | 518,223 | 1,014,511 | 1,507,022 | 1,979,978 | 1,955,633 | 1,889,333 | 1,810,011 | 1,726,487 |
| Pretax margin | 1.82% | 2.37% | 2.22% | 6.83% | 7.25% | 9.96% | 11.23% | 22.94% | 48.69% | 51.80% | 1,898.43% | 711.34% | 40.37% | 18.41% | 11.21% | 8.50% | 8.66% | 8.82% | 9.05% | 9.48% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $40,812K ÷ $2,236,382K
= 1.82%
Amedisys Inc.'s pretax margin has shown some fluctuation over the past eight quarters. The pretax margin, which represents the company's efficiency in generating profits before accounting for taxes, decreased from 11.51% in Q1 2022 to 1.77% in Q4 2023. This indicates a significant decrease in profitability over this period.
The trend in pretax margin indicates that in Q1 2023, there was a significant increase in profitability, with the margin jumping to 6.77%. However, this was followed by a slight decrease in Q2 2023 to 2.18% and a further decrease in Q3 2023 to 2.32%. In Q4 2023, the pretax margin dropped to 1.77%, highlighting a downward trend in the company's profitability over the last quarters of the fiscal year.
Overall, Amedisys Inc.'s pretax margin has experienced fluctuations, with a general downward trend over the analyzed period. This may indicate potential challenges in the company's cost management, revenue generation, or overall operational efficiency that could impact its financial performance. Further analysis of the company's financial statements and operational activities may be necessary to determine the underlying reasons for the changes in pretax margin.
Peer comparison
Dec 31, 2023