Concentra Group Holdings Parent, Inc. (CON)
Gross profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
---|---|---|---|---|---|
Gross profit (ttm) | US$ in thousands | 341,348 | 392,118 | 443,127 | 469,093 |
Revenue (ttm) | US$ in thousands | 1,900,152 | 1,875,891 | 1,853,332 | 1,831,715 |
Gross profit margin | 17.96% | 20.90% | 23.91% | 25.61% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $341,348K ÷ $1,900,152K
= 17.96%
The gross profit margin of Concentra Group Holdings Parent, Inc. has experienced a decline over the course of the year. In March 31, 2024, the gross profit margin stood at 25.61%, indicating that for every dollar of revenue, the company retained approximately $0.2561 before accounting for other expenses. However, by the end of the year in December 31, 2024, the gross profit margin decreased to 17.96%. This downward trend suggests that the company may be facing challenges in effectively managing its production costs and maintaining profitability. Management should closely monitor and analyze the factors contributing to this decrease in order to implement strategies to improve the gross profit margin in future periods.
Peer comparison
Dec 31, 2024