US Physicalrapy Inc (USPH)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 121,509 | 112,024 | 117,182 | 94,450 | 112,474 |
| Revenue | US$ in thousands | 604,802 | 553,144 | 495,022 | 422,969 | 481,969 |
| Gross profit margin | 20.09% | 20.25% | 23.67% | 22.33% | 23.34% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $121,509K ÷ $604,802K
= 20.09%
U.S. Physical Therapy, Inc. has consistently maintained a gross profit margin of 100.00% over the past five years, indicating that the company is able to effectively manage its production costs and generate a high level of gross profit relative to its revenue. This signifies operational efficiency in controlling direct costs such as materials and labor, which is a positive indicator of the company's profitability. The stability of the gross profit margin at 100.00% over the years suggests a consistent level of pricing power and cost management within the organization.
Peer comparison
Dec 31, 2023
Company name
Symbol
Gross profit margin
US Physicalrapy Inc
USPH
20.09%
Privia Health Group Inc
PRVA
13.60%