Option Care Health Inc (OPCH)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 283,599 | 281,475 | 278,006 | 361,468 | 358,742 | 344,598 | 326,594 | 218,729 | 205,768 | 187,954 | 174,436 | 159,345 | 116,494 | 87,932 | 51,788 | 12,043 | -5,243 | -38,464 | -80,101 | -86,915 |
| Revenue (ttm) | US$ in thousands | 4,998,210 | 4,776,180 | 4,590,640 | 4,432,520 | 4,302,320 | 4,205,140 | 4,133,050 | 4,044,800 | 3,944,734 | 3,844,718 | 3,715,735 | 3,595,187 | 3,438,640 | 3,316,159 | 3,205,831 | 3,086,407 | 3,032,610 | 2,948,676 | 2,782,947 | 2,233,616 |
| Pretax margin | 5.67% | 5.89% | 6.06% | 8.15% | 8.34% | 8.19% | 7.90% | 5.41% | 5.22% | 4.89% | 4.69% | 4.43% | 3.39% | 2.65% | 1.62% | 0.39% | -0.17% | -1.30% | -2.88% | -3.89% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $283,599K ÷ $4,998,210K
= 5.67%
Option Care Health Inc's pretax margin has shown a steady improvement over the analyzed period from March 31, 2020, to December 31, 2024. The pretax margin started in negative territory, indicating the company was incurring more expenses than its revenue was generating. However, the company managed to turn this around, gradually moving into positive territory.
From the initial negative margin of -3.89% in March 31, 2020, the company improved its performance quarter by quarter, reaching a positive margin of 5.67% by December 31, 2024.
The trend of the pretax margin reflects the company's ability to control costs, increase operational efficiency, and optimize profitability. This sustained improvement in pretax margin is a positive indicator of Option Care Health Inc's financial health and management's ability to generate profits before taxes relative to its revenue. It demonstrates the company's resilience and potential for sustainable growth in the future.
Peer comparison
Dec 31, 2024