US Physicalrapy Inc (USPH)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 52,061 | 59,735 | 58,749 | 58,767 | 56,801 | 66,472 | 68,509 | 70,659 | 70,649 | 72,386 | 75,389 | 63,421 | 52,413 | 49,497 | 46,378 | 56,014 | 67,425 | 66,943 | 65,560 | 62,688 |
| 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 |
| Operating profit margin | 8.61% | 10.10% | 10.12% | 10.31% | 10.27% | 12.27% | 12.97% | 13.74% | 14.27% | 14.82% | 16.06% | 14.87% | 12.28% | 11.63% | 10.64% | 11.71% | 13.99% | 13.98% | 13.82% | 13.55% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $52,061K ÷ $604,802K
= 8.61%
The operating profit margin of U.S. Physical Therapy, Inc. has shown a declining trend over the past eight quarters. It decreased from 13.74% in Q1 2022 to 11.50% in Q4 2023. This downward trajectory indicates a potential decrease in the company's ability to generate profits from its core operations relative to sales. Fluctuations in the operating profit margin may be influenced by various factors such as changes in operating expenses, pricing strategies, or revenue growth. It is essential for the company to closely monitor and analyze these fluctuations to ensure sustainable profitability in the long term.
Peer comparison
Dec 31, 2023