Healthcare Services Group Inc (HCSG)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -168,909 | -180,258 | -157,091 | -140,810 | -128,123 | -139,376 | -131,413 | -145,825 | -137,476 | -108,451 | -82,366 | -60,347 | -48,684 | -8,274 | -14,393 | -9,680 | -61,210 | -45,457 | -40,259 | -27,079 |
| Revenue (ttm) | US$ in thousands | 1,664,939 | 1,662,797 | 1,671,964 | 1,678,501 | 1,690,839 | 1,688,983 | 1,688,540 | 1,662,128 | 1,641,959 | 1,644,689 | 1,665,046 | 1,718,904 | 1,760,303 | 1,784,086 | 1,803,745 | 1,813,817 | 1,840,878 | 1,890,326 | 1,941,491 | 1,983,022 |
| Operating profit margin | -10.15% | -10.84% | -9.40% | -8.39% | -7.58% | -8.25% | -7.78% | -8.77% | -8.37% | -6.59% | -4.95% | -3.51% | -2.77% | -0.46% | -0.80% | -0.53% | -3.33% | -2.40% | -2.07% | -1.37% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-168,909K ÷ $1,664,939K
= -10.15%
Healthcare Services Group, Inc.'s operating profit margin has shown some fluctuations over the last eight quarters, ranging from a low of 2.06% in Q3 2022 to a high of 3.17% in Q4 2022. The trend indicates some variability in the company's ability to generate profits from its core operations. Despite some quarterly fluctuations, the operating profit margin has generally been in the range of 2.30% to 3.09% over the recent quarters, reflecting a consistent performance in maintaining profitability levels. It is important for the company to monitor and manage its operating expenses effectively to sustain or potentially improve its operating profit margin in the future.