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

Company name
Symbol
Gross profit margin
US Physicalrapy Inc
USPH
18.46%
Privia Health Group Inc
PRVA
13.60%