Astrana Health Inc (ASTH)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 258,851 | 247,353 | 246,659 | 235,973 | 214,959 | 213,004 | 211,685 | 191,628 | 181,935 | 163,758 | 167,252 | 167,163 | 164,451 | 185,280 | 168,607 | 162,510 | 147,969 | 135,163 | 101,793 | 101,390 |
| Revenue (ttm) | US$ in thousands | 2,034,540 | 1,722,367 | 1,591,830 | 1,453,774 | 1,386,662 | 1,327,834 | 1,296,662 | 1,218,150 | 1,144,164 | 1,045,056 | 955,172 | 861,113 | 773,913 | 755,596 | 708,602 | 698,133 | 687,180 | 689,148 | 665,085 | 629,966 |
| Gross profit margin | 12.72% | 14.36% | 15.50% | 16.23% | 15.50% | 16.04% | 16.33% | 15.73% | 15.90% | 15.67% | 17.51% | 19.41% | 21.25% | 24.52% | 23.79% | 23.28% | 21.53% | 19.61% | 15.31% | 16.09% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $258,851K ÷ $2,034,540K
= 12.72%
The gross profit margin of Astrana Health Inc has shown fluctuations over the years, reflecting changes in the company's ability to generate profit from its core operations. It started at 16.09% in March 31, 2020, dipped slightly to 15.31% in June 30, 2020, but then experienced an upward trend, reaching its peak at 24.52% in September 30, 2021. However, the margin declined thereafter, dropping to 12.72% by December 31, 2024.
Overall, the gross profit margin trend indicates some variability in Astrana Health Inc's profitability, with periods of improvement followed by decreases. This could be influenced by factors such as changes in pricing strategies, cost management, or shifts in sales volume. It is essential for the company to analyze these fluctuations and implement strategies to maintain a healthy gross profit margin to ensure sustainable financial performance.
Peer comparison
Dec 31, 2024