Concentra Group Holdings Parent, Inc. (CON)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 120,553 | 128,957 | 123,484 |
| Revenue (ttm) | US$ in thousands | 1,875,891 | 1,853,332 | 1,831,715 |
| Net profit margin | 6.43% | 6.96% | 6.74% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $120,553K ÷ $1,875,891K
= 6.43%
Concentra Group Holdings Parent, Inc. has displayed a consistent trend in its net profit margin over the past three quarters. The net profit margin for the company was 6.43% as of September 30, 2024, 6.96% as of June 30, 2024, and 6.74% as of March 31, 2024.
Despite some fluctuations, the net profit margin has generally been within a narrow range across the periods analyzed. This indicates that the company has been effective in managing its expenses relative to its revenue generation.
A net profit margin of around 6-7% suggests that Concentra Group Holdings Parent, Inc. is able to convert a substantial portion of its revenue into profits after accounting for all expenses. This can be seen as a positive indicator of the company's operational efficiency and profitability. It is essential for the company to continue monitoring its net profit margin and exploring opportunities to improve it further to ensure long-term financial sustainability.
Peer comparison
Sep 30, 2024