US Physicalrapy Inc (USPH)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 28,239 | 32,158 | 40,831 | 35,194 | 40,039 |
| Revenue | US$ in thousands | 604,802 | 553,144 | 495,022 | 422,969 | 481,969 |
| Net profit margin | 4.67% | 5.81% | 8.25% | 8.32% | 8.31% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $28,239K ÷ $604,802K
= 4.67%
The net profit margin of U.S. Physical Therapy, Inc. has shown a declining trend over the past five years. The margin decreased from 6.49% in 2019 to 3.00% in 2023. This suggests that the company's profitability relative to its sales revenue has been eroding. It is important for the company to carefully monitor and assess its cost structure, pricing strategies, and operational efficiency to reverse this trend and improve its overall profitability in the future.
Peer comparison
Dec 31, 2023
Company name
Symbol
Net profit margin
US Physicalrapy Inc
USPH
4.67%
Privia Health Group Inc
PRVA
1.39%