US Physicalrapy Inc (USPH)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 46,033 | 33,016 | 36,640 | 41,201 | 40,395 | 42,159 | 42,120 | 42,404 | 44,322 | 54,662 | 55,714 | 57,283 | 56,103 | 59,543 | 60,914 | 58,025 | 48,216 | 40,970 | 38,019 | 43,843 |
| 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 |
| Pretax margin | 6.86% | 5.11% | 5.84% | 6.73% | 6.68% | 7.13% | 7.25% | 7.44% | 8.01% | 10.09% | 10.55% | 11.14% | 11.33% | 12.19% | 12.98% | 13.61% | 11.30% | 9.63% | 8.72% | 9.16% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $46,033K ÷ $671,345K
= 6.86%
The pretax margin of US Physicalrapy Inc has shown some fluctuation over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 9.16% in March 2020, decreased slightly to 8.72% in June 2020, but then improved to 9.63% in September 2020. It continued to increase steadily, reaching a peak of 13.61% in March 2021.
After the peak, the pretax margin witnessed a gradual decline but remained relatively high at around 10% to 12% from June 2021 to September 2022. Subsequently, there was a more significant decrease with pretax margin dropping to 5.84% in June 2024. However, there was a slight recovery in the pretax margin to 6.86% by December 31, 2024.
Overall, the pretax margin of US Physicalrapy Inc has experienced both ups and downs, with periods of growth followed by declines. It is essential for the company to monitor and manage its operating expenses and revenue generation to maintain a healthy pretax margin in the future.
Peer comparison
Dec 31, 2024