Astrana Health Inc (ASTH)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 80,818 | 83,637 | 94,840 | 94,434 | 89,839 | 99,370 | 102,618 | 87,756 | 86,615 | 53,730 | 6,962 | 74,783 | 77,749 | 124,990 | 166,670 | 195,079 | 178,427 | 154,020 | 132,266 | 34,280 |
| 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 |
| Pretax margin | 3.97% | 4.86% | 5.96% | 6.50% | 6.48% | 7.48% | 7.91% | 7.20% | 7.57% | 5.14% | 0.73% | 8.68% | 10.05% | 16.54% | 23.52% | 27.94% | 25.97% | 22.35% | 19.89% | 5.44% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $80,818K ÷ $2,034,540K
= 3.97%
The pretax margin of Astrana Health Inc has fluctuated over the periods provided. It increased steadily from March 31, 2020, to December 31, 2020, showing a trajectory of growth in profitability before peaking at 27.94% on March 31, 2021. However, the pretax margin started to decline from that point onwards. Despite some fluctuations, there was a general decreasing trend observed in the pretax margin from March 31, 2021, to December 31, 2024. The pretax margin decreased from 27.94% on March 31, 2021, to 3.97% on December 31, 2024. This decline suggests a reduction in the company's ability to generate profits before accounting for taxes as a percentage of its revenue. It would be important for Astrana Health Inc to investigate the reasons behind this downward trend and take necessary actions to improve its profitability performance in the future periods.
Peer comparison
Dec 31, 2024