US Physicalrapy Inc (USPH)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 20.09% | 20.10% | 20.26% | 20.40% | 20.25% | 20.56% | 21.66% | 22.92% | 23.67% | 24.39% | 25.49% | 24.55% | 22.13% | 21.68% | 20.49% | 21.20% | 23.34% | 23.12% | 23.07% | 22.74% |
| 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% |
| Pretax margin | 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% | 11.14% | 11.77% | 11.64% | 10.34% |
| 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% |
U.S. Physical Therapy, Inc. has maintained a consistent gross profit margin of 100% across all quarters in the data provided. This indicates that the company is efficiently managing its production costs and generating a healthy level of revenue relative to the cost of goods sold.
In terms of operating profitability, the company's operating profit margin has seen some fluctuations but generally remained relatively stable over the periods analyzed, ranging from 11.50% to 13.74%. This suggests that U.S. Physical Therapy, Inc. has been effective in controlling its operating expenses while generating profits from its core business activities.
The pretax margin, which represents the company's profitability before taxes, has shown a decreasing trend from 14.36% in Q1 2022 to 8.16% in Q4 2023. This decline may indicate rising expenses or a decrease in revenue growth relative to costs.
Looking at the net profit margin, which is a key indicator of overall profitability, U.S. Physical Therapy, Inc. has experienced a similar declining trend from 7.21% in Q1 2022 to 3.00% in Q4 2023. This suggests that the company's bottom line has been impacted by factors such as increasing expenses or a slowdown in revenue growth.
Overall, while U.S. Physical Therapy, Inc. has maintained a strong gross profit margin and relatively stable operating profitability, there are signs of declining profitability at the net profit level. This may warrant further investigation into the company's cost structures, revenue streams, and overall financial performance to identify areas for improvement.
Return on investment
| 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 return on assets (Operating ROA) | 5.22% | 5.91% | 5.88% | 6.77% | 6.62% | 8.31% | 8.60% | 9.25% | 9.43% | 11.49% | 10.06% | 8.46% | 8.82% | 8.60% | 7.93% | 9.42% | 10.69% | 11.94% | 11.69% | 11.98% |
| Return on assets (ROA) | 2.83% | 2.99% | 3.05% | 3.54% | 3.75% | 4.97% | 5.05% | 5.43% | 5.45% | 6.93% | 5.95% | 5.65% | 5.92% | 5.23% | 4.82% | 5.49% | 6.35% | 7.58% | 7.41% | 6.92% |
| Return on total capital | 8.46% | 9.43% | 9.30% | 11.74% | 11.55% | 14.33% | 15.02% | 16.70% | 17.10% | 22.27% | 23.36% | 21.66% | 17.90% | 16.56% | 13.15% | 13.42% | 19.19% | 20.04% | 19.33% | 19.92% |
| Return on equity (ROE) | 5.93% | 6.14% | 6.24% | 9.67% | 10.18% | 12.54% | 13.09% | 13.77% | 13.81% | 15.06% | 15.70% | 15.33% | 12.74% | 11.36% | 11.06% | 13.53% | 16.67% | 18.06% | 18.13% | 16.47% |
U.S. Physical Therapy, Inc.'s profitability ratios indicate a mixed performance over the recent quarters.
1. Operating return on assets (Operating ROA) has ranged from 6.79% to 7.82% in the past quarters, showcasing the company's ability to generate operating profits relative to its total assets.
2. Return on assets (ROA) has fluctuated between 1.82% and 3.41%, indicating variability in the company's overall profit generation efficiency.
3. Return on total capital has been in the range of 10.78% to 16.77%, reflecting the return the company is earning on both debt and equity investments.
4. Return on equity (ROE) has varied between 3.81% and 12.33%, suggesting the return generated for shareholders' equity investment.
Overall, while the company has demonstrated a positive trend in some profitability metrics, there appears to be some inconsistency in its ability to generate returns on assets, capital, and equity across the quarters analyzed. Further investigation would be needed to understand the factors driving these fluctuations and their implications for the company's financial performance and sustainability.