Concentra Group Holdings Parent, Inc. (CON)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|---|
Gross profit | US$ in thousands | 304,439 | 439,381 | 408,193 | 427,977 |
Revenue | US$ in thousands | 1,900,150 | 1,838,080 | 1,724,360 | 1,732,040 |
Gross profit margin | 16.02% | 23.90% | 23.67% | 24.71% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $304,439K ÷ $1,900,150K
= 16.02%
Concentra Group Holdings Parent, Inc.'s gross profit margin has exhibited fluctuations over the years based on the provided data. Starting at 24.71% at the end of December 31, 2021, the margin decreased to 23.67% by December 31, 2022, before slightly increasing to 23.90% by December 31, 2023. However, by the end of December 31, 2024, the gross profit margin experienced a significant drop to 16.02%.
The trend observed indicates some level of volatility and potential challenges in maintaining consistent profitability from the core business operations. Further analysis is warranted to understand the factors contributing to the fluctuations in the gross profit margin and to evaluate the company's overall financial health and operational efficiency.
Peer comparison
Dec 31, 2024