US Physicalrapy Inc (USPH)
Gross profit 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 123,921 | 121,910 | 120,708 | 119,053 | 121,509 | 118,824 | 117,679 | 116,293 | 112,024 | 111,376 | 114,391 | 117,874 | 117,182 | 119,117 | 119,675 | 104,655 | 94,450 | 92,291 | 89,306 | 101,447 |
| Revenue (ttm) | US$ in thousands | 671,345 | 645,699 | 627,673 | 611,968 | 604,802 | 591,183 | 580,778 | 569,949 | 553,144 | 541,795 | 528,086 | 514,358 | 495,022 | 488,399 | 469,431 | 426,360 | 426,709 | 425,613 | 435,939 | 478,455 |
| Gross profit margin | 18.46% | 18.88% | 19.23% | 19.45% | 20.09% | 20.10% | 20.26% | 20.40% | 20.25% | 20.56% | 21.66% | 22.92% | 23.67% | 24.39% | 25.49% | 24.55% | 22.13% | 21.68% | 20.49% | 21.20% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $123,921K ÷ $671,345K
= 18.46%
US Physicalrapy Inc's gross profit margin has shown some fluctuations over the past few years, ranging from a low of 18.46% at the end of December 2024 to a high of 25.49% in June 2021. The trend indicates some variability in the company's ability to generate profit from its sales after accounting for the cost of goods sold.
The gross profit margin generally represents the efficiency of a company's production and pricing strategies. A higher margin indicates that the company is able to control its production costs or command higher prices for its products or services relative to its competitors.
The decreasing trend in the gross profit margin from 22.92% in March 2022 to 18.46% in December 2024 may raise concerns about the company's cost management or pricing strategies. It could suggest that US Physicalrapy Inc is facing challenges in controlling its production costs or in maintaining competitive pricing in the market.
Further analysis of the factors affecting the cost of goods sold, such as changes in raw material prices, production efficiency, or pricing strategies, would be necessary to understand the drivers behind the changes in the gross profit margin. Monitoring and addressing these factors could be essential for maintaining and improving the company's profitability in the future.
Peer comparison
Dec 31, 2024