ACADIA HEALTHCARE Announces Fourth Quarter FY2022 Earnings Results for December 31, 2022
April 1, 2023
Earnings Overview
On February 27 2023, ACADIA HEALTHCARE ($NASDAQ:ACHC) reported their financial results for the fourth quarter of FY2022 which ended on December 31 2022. Total revenue for the quarter was USD 61.1 million, a 13.0% decrease compared to the same period the previous year. Net income saw a 13.8% year-over-year increase, totaling USD 675.3 million.
Transcripts Simplified
For the fourth quarter of 2022, ACADIA HEALTHCARE reported revenue of $675.3 million, an increase of 13.8% compared to the fourth quarter of 2021. Adjusted EBITDA was $150.9 million and adjusted income attributable to ACADIA stockholders per diluted share was $0.74.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Acadia Healthcare. More…
| Total Revenues | Net Income | Net Margin |
| 2.61k | 273.14 | 11.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Acadia Healthcare. More…
| Operations | Investing | Financing |
| 380.57 | -305.83 | -110.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Acadia Healthcare. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.99k | 2.09k | 31.28 |
Key Ratios Snapshot
Some of the financial key ratios for Acadia Healthcare are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -5.6% | 5.0% | 17.0% |
| FCF Margin | ROE | ROA |
| 3.2% | 10.0% | 5.6% |
Price History
The stock opened at $80.0 and closed at $80.5, up by 0.3% from the prior closing price of 80.2. This marked a positive performance for the company despite market volatility. The fourth quarter results demonstrated the financial strength of ACADIA HEALTHCARE, as the company successfully capitalized on opportunities in the healthcare sector. The company’s strong financial position allowed it to focus on its long-term objectives, such as innovation, research and development, and broadening its reach across the United States.
The company’s strategy to develop and expand its operations have continued to produce positive results in the fourth quarter. ACADIA HEALTHCARE’s strong financial performance is expected to continue into the new year, allowing the company to pursue its ambitions and remain competitive in the highly dynamic industry. Live Quote…
Analysis
At GoodWhale, we have taken a close look at ACADIA HEALTHCARE‘s financials and can provide you with a comprehensive analysis. According to our Risk Rating system, ACADIA HEALTHCARE is a medium risk investment, meaning that it may have some risks in terms of financial and business aspects. We have detected 2 risk warnings in the income sheet and balance sheet of ACADIA HEALTHCARE. To access this information and gain insight in terms of risk factors of the company, please consider registering with us. With GoodWhale, you can rest assured that you are making an informed decision before investing in ACADIA HEALTHCARE. More…
Peers
The Company offers inpatient and outpatient behavioral healthcare services to children, adolescents, adults, and seniors through its facilities in the United States, United Kingdom, and Puerto Rico. Its competitors include Cross Country Healthcare, Inc., Surgery Partners, Inc., and AMN Healthcare Services, Inc.
– Cross Country Healthcare Inc ($NASDAQ:CCRN)
Cross Country Healthcare, Inc. is a national provider of healthcare staffing and workforce solutions. They provide innovative staffing solutions to the healthcare industry through their network of over 75 locations across the United States. Cross Country Healthcare is committed to improving the lives of those they touch by providing high-quality, compassionate healthcare staffing and workforce solutions.
– Surgery Partners Inc ($NASDAQ:SGRY)
Surgery Partners Inc is a healthcare services company that owns and operates surgical facilities and ancillary services in the United States. The company was founded in 2004 and is headquartered in Nashville, Tennessee. As of 2022, Surgery Partners had a market capitalization of $2.36 billion and a return on equity of 26.22%. The company’s surgical facilities provide a broad range of surgical procedures, including general surgery, ophthalmology, orthopedics, and pain management. In addition to surgical facilities, the company also owns and operates a number of ancillary businesses, such as a durable medical equipment company, a pharmacy, and a medical billing company.
– AMN Healthcare Services Inc ($NYSE:AMN)
The company’s market cap and ROE are impressive, and it is clear that the company is doing well. The company provides healthcare services and is clearly meeting the needs of its customers. The company’s future looks bright, and it is well-positioned to continue its success.
Summary
ACADIA Healthcare’s fourth quarter earnings for FY2022 showed a decrease of 13.0% in total revenue compared to the same period the previous year. Despite the decline in revenue, net income increased by 13.8% year over year. This could be an indication of the company’s ability to increase its operating efficiency and reduce its costs.
Furthermore, the stock has shown positive growth in the past year, making it an attractive option for investors looking for short-term gains. Investors should consider the current market conditions and the company’s financial performance before making an investment decision.
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