US Physicalrapy Inc (USPH)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 52,061 | 56,801 | 70,649 | 52,413 | 67,425 |
| Revenue | US$ in thousands | 604,802 | 553,144 | 495,022 | 422,969 | 481,969 |
| Operating profit margin | 8.61% | 10.27% | 14.27% | 12.39% | 13.99% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $52,061K ÷ $604,802K
= 8.61%
The operating profit margin of U.S. Physical Therapy, Inc. has shown some variability over the past five years. In 2023, the operating profit margin decreased to 11.50% from 11.92% in 2022. This decline may indicate a decrease in operational efficiency or an increase in operating expenses relative to revenues.
Compared to the previous three years, the operating profit margin was relatively lower in 2023. This suggests that the company may have faced challenges in maintaining profitability in the most recent year. However, it's important to assess other factors such as industry trends, competitive dynamics, and specific company strategies to gain a comprehensive understanding of the factors influencing the operating profit margin fluctuations over this period.
Overall, the trend in U.S. Physical Therapy, Inc.'s operating profit margin highlights the importance of closely monitoring and managing operational performance to sustain profitability and drive long-term financial success.
Peer comparison
Dec 31, 2023