Astrana Health Inc (ASTH)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 62,420 | 60,717 | 44,633 | 45,759 | 44,539 | 45,671 | 61,678 | 72,897 | 73,605 | 72,492 | 70,270 | 52,579 | 46,965 | 37,866 | 34,536 | 21,527 | 18,028 | 14,116 | 4,293 | 9,695 |
| Revenue (ttm) | US$ in thousands | 1,430,308 | 1,370,544 | 1,320,971 | 1,290,981 | 1,216,473 | 1,141,551 | 1,042,443 | 956,310 | 860,054 | 772,314 | 753,997 | 703,282 | 791,586 | 779,252 | 781,220 | 758,589 | 625,959 | 559,479 | 486,184 | 498,232 |
| Net profit margin | 4.36% | 4.43% | 3.38% | 3.54% | 3.66% | 4.00% | 5.92% | 7.62% | 8.56% | 9.39% | 9.32% | 7.48% | 5.93% | 4.86% | 4.42% | 2.84% | 2.88% | 2.52% | 0.88% | 1.95% |
March 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $62,420K ÷ $1,430,308K
= 4.36%
The net profit margin of Astrana Health Inc has shown fluctuations over the past several quarters. The trend indicates some variability in the company's ability to generate profits relative to its total revenue. The net profit margin ranged from a low of 0.88% in June 2019 to a high of 9.39% in March 2022. However, it seems that the net profit margin has generally decreased over the most recent quarters, with a slight recovery in the latest reported period. This suggests potential challenges in managing costs and maximizing profitability. Further analysis of the company's financial performance and efficiency in cost management may be warranted to understand the factors driving these fluctuations in net profit margin.