Healthcare Services Group Inc (HCSG)
Net profit 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 39,471 | 50,149 | 30,625 | 40,667 | 37,029 | 30,590 | 36,406 | 34,972 | 34,630 | 20,576 | 29,794 | 32,539 | 45,863 | 71,505 | 89,609 | 103,145 | 98,682 | 89,830 | 80,530 | 75,615 |
| Revenue (ttm) | US$ in thousands | 1,715,682 | 1,701,710 | 1,684,949 | 1,677,592 | 1,671,389 | 1,671,569 | 1,674,669 | 1,680,595 | 1,690,176 | 1,686,603 | 1,687,705 | 1,661,019 | 1,641,959 | 1,644,689 | 1,665,046 | 1,718,904 | 1,760,303 | 1,784,086 | 1,803,745 | 1,813,817 |
| Net profit margin | 2.30% | 2.95% | 1.82% | 2.42% | 2.22% | 1.83% | 2.17% | 2.08% | 2.05% | 1.22% | 1.77% | 1.96% | 2.79% | 4.35% | 5.38% | 6.00% | 5.61% | 5.04% | 4.46% | 4.17% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $39,471K ÷ $1,715,682K
= 2.30%
The net profit margin of Healthcare Services Group Inc has fluctuated over the analyzed period. It ranged from a low of 1.22% on September 30, 2022, to a peak of 6.00% on March 31, 2021. The trend has shown some volatility, with ups and downs occurring throughout the quarters.
The net profit margin indicates the company's profitability after all expenses have been deducted from revenues. A higher net profit margin is generally preferred as it shows the company is able to generate more profit from each dollar of revenue. Conversely, a lower net profit margin may signify inefficiencies or increased costs.
The fluctuations observed in Healthcare Services Group Inc's net profit margin could be due to various factors such as changes in expenses, revenues, or economic conditions impacting the healthcare industry. Further analysis and comparison with industry benchmarks would provide a better understanding of the company's performance in terms of profitability.