Option Care Health Inc (OPCH)

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	981,223	965,181	928,916	894,987	866,918	848,034	833,001	815,069	779,606	751,171	722,356	689,708	682,264	674,144	637,764	572,834	512,999	448,357	418,829	418,713
Revenue (ttm)	US$ in thousands	4,251,080	4,151,540	4,077,230	3,989,405	3,890,933	3,790,437	3,659,454	3,534,435	3,358,250	3,251,039	3,132,128	2,998,508	2,948,508	2,864,574	2,723,428	2,242,266	1,784,399	1,296,066	903,482	892,334
Gross profit margin		23.08%	23.25%	22.78%	22.43%	22.28%	22.37%	22.76%	23.06%	23.21%	23.11%	23.06%	23.00%	23.14%	23.53%	23.42%	25.55%	28.75%	34.59%	46.36%	46.92%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $981,223K ÷ $4,251,080K
= 23.08%

Option Care Health Inc.'s gross profit margin has remained relatively stable over the past eight quarters, ranging from a high of 22.95% in Q3 2023 to a low of 21.98% in Q4 2022. The average gross profit margin during this period was 22.34%. This indicates that the company is effectively managing its production costs and generating profits from its core operations. However, it is important to closely monitor any fluctuations in the gross profit margin to ensure long-term financial sustainability and efficiency.