Enhabit Inc. (EHAB)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | -86,600 | -500,000 | -370,400 | -154,900 |
| Revenue (ttm) | US$ in thousands | 1,003,100 | 1,009,200 | 1,021,300 | 1,037,200 |
| Gross profit margin | -8.63% | -49.54% | -36.27% | -14.93% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $-86,600K ÷ $1,003,100K
= -8.63%
Enhabit Inc.'s gross profit margin has shown significant fluctuations over the four quarters of 2023. The trend indicates a concerning pattern of declining performance in generating profits from sales. The gross profit margin was negative in every quarter, with the percentage ranging from -49.54% in September to -8.63% in December. This suggests that Enhabit Inc. may be experiencing challenges in effectively managing production costs and pricing strategies, resulting in a substantial loss at the gross profit level. Further analysis and potential operational adjustments may be necessary to improve the company's profitability and financial health.
Peer comparison
Dec 31, 2023