US Physicalrapy Inc (USPH)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 28,239 | 30,190 | 30,493 | 30,769 | 32,158 | 39,764 | 40,216 | 41,457 | 40,831 | 43,648 | 44,555 | 42,351 | 35,194 | 30,093 | 28,224 | 32,612 | 40,039 | 42,518 | 41,573 | 36,199 |
| Revenue (ttm) | US$ in thousands | 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 | 481,969 | 479,009 | 474,301 | 462,481 |
| Net profit margin | 4.67% | 5.11% | 5.25% | 5.40% | 5.81% | 7.34% | 7.62% | 8.06% | 8.25% | 8.94% | 9.49% | 9.93% | 8.25% | 7.07% | 6.47% | 6.82% | 8.31% | 8.88% | 8.77% | 7.83% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $28,239K ÷ $604,802K
= 4.67%
The net profit margin of U.S. Physical Therapy, Inc. has shown a declining trend over the past eight quarters. The company's net profit margin decreased from 7.21% in Q1 2022 to 3.00% in Q4 2023. This indicates that the company's ability to generate profit from its revenue has weakened over time. Factors such as increasing costs, declining revenues, or inefficiencies in operations may have contributed to this downward trend in net profit margin. It is important for the company to closely analyze its financial performance and implement strategies to improve 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%