Option Care Health Inc (OPCH)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 358,742 | 344,546 | 326,584 | 218,710 | 205,749 | 187,987 | 174,440 | 159,327 | 116,476 | 87,914 | 51,757 | 12,043 | -5,243 | -38,464 | -80,101 | -91,906 | -78,171 | -61,017 | -19,625 | -4,888 |
| 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 |
| Pretax margin | 8.44% | 8.30% | 8.01% | 5.48% | 5.29% | 4.96% | 4.77% | 4.51% | 3.47% | 2.70% | 1.65% | 0.40% | -0.18% | -1.34% | -2.94% | -4.10% | -4.38% | -4.71% | -2.17% | -0.55% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $358,742K ÷ $4,251,080K
= 8.44%
Option Care Health Inc.'s pretax margin has shown a generally positive trend over the past eight quarters, indicating an improving profitability before taxes. The pretax margin has increased from 4.43% in Q1 2022 to 8.34% in Q4 2023, reflecting the company's ability to effectively manage its operating expenses and generate higher profitability from its operations. This indicates that the company has been able to control costs and increase operational efficiency, resulting in a higher proportion of revenue translating into pre-tax profits. Overall, the upward trend in the pretax margin signals improving financial health and efficiency for Option Care Health Inc.
Peer comparison
Dec 31, 2023