US Physicalrapy Inc (USPH)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 123,921 | 121,509 | 112,024 | 117,182 | 94,450 |
Revenue | US$ in thousands | 671,345 | 604,802 | 553,144 | 495,022 | 422,969 |
Gross profit margin | 18.46% | 20.09% | 20.25% | 23.67% | 22.33% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $123,921K ÷ $671,345K
= 18.46%
US Physicalrapy Inc's gross profit margin has shown some fluctuations over the past five years. The margin increased from 22.33% as of December 31, 2020, to 23.67% as of December 31, 2021, indicating an improvement in the company's ability to generate profit from its sales. However, there was a slight decline in the margin to 20.25% as of December 31, 2022, and a further decrease to 20.09% as of December 31, 2023. This downward trend continued with a gross profit margin of 18.46% as of December 31, 2024.
The declining trend in the gross profit margin may indicate potential challenges faced by the company in efficiently managing its production costs or pricing strategies. It is essential for US Physicalrapy Inc to closely monitor and evaluate its cost structure and pricing mechanisms to enhance profitability and maintain financial sustainability in the long run. An in-depth analysis of the factors impacting the gross profit margin is recommended to identify areas for improvement and strategic decision-making.
Peer comparison
Dec 31, 2024