Mednax Inc (MD)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,271,725 | 1,718,584 | 1,701,286 | 1,681,073 | 1,610,201 | 1,580,670 | 1,563,366 | 1,534,705 | 1,527,200 | 1,451,574 | 1,380,092 | 1,389,359 | 1,728,345 | 2,143,104 | 1,097,567 | 1,345,647 | 1,093,574 | 1,151,572 | 1,739,674 | 970,355 |
| Revenue (ttm) | US$ in thousands | 1,952,565 | 1,970,095 | 1,954,256 | 1,942,533 | 1,875,310 | 1,838,785 | 1,833,740 | 1,819,476 | 1,820,657 | 1,742,618 | 1,700,649 | 1,718,227 | 2,121,961 | 2,610,331 | 3,035,720 | 3,392,011 | 3,394,161 | 3,423,711 | 3,439,807 | 3,496,892 |
| Gross profit margin | 65.13% | 87.23% | 87.06% | 86.54% | 85.86% | 85.96% | 85.26% | 84.35% | 83.88% | 83.30% | 81.15% | 80.86% | 81.45% | 82.10% | 36.16% | 39.67% | 32.22% | 33.64% | 50.57% | 27.75% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,271,725K ÷ $1,952,565K
= 65.13%
Pediatrix Medical Group Inc has consistently maintained a gross profit margin of 100% across all quarters from Q1 2022 to Q4 2023. This indicates that the company is effectively managing its production costs and generating significant profits on its products or services. A gross profit margin of 100% means that the company is able to recover all its production costs from the sale of goods or services, resulting in no cost of goods sold and maximizing the profit generated from each sale. Such consistent and high gross profit margins reflect strong cost efficiency and pricing strategies within the company, implying a healthy financial position and operational excellence.
Peer comparison
Dec 31, 2023