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Income Statement
Balance Sheet
Cash Flow Statement
Segments

Common Size IS
Op Efficiency
Credit Analysis

LHC Group, Inc (LHCG)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues   [+]2,282.82,219.62,063.22,080.21,810.01,062.6900.0816.4
            Revenue growth  2.8%7.6%-0.8%14.9%70.3%18.1%10.2%11.3%
Cost of goods sold  1,399.21,336.61,250.41,324.91,156.4675.8557.7480.9
Gross profit  883.6883.0812.8755.4653.6386.8342.4335.5
            Gross margin  38.7%39.8%39.4%36.3%36.1%36.4%38.0%41.1%
Selling, general and administrative   [+]764.2696.4632.8596.0537.9310.5270.6247.9
EBITDA   [+]142.5207.5201.2177.6132.189.783.980.3
            EBITDA margin  6.2%9.3%9.8%8.5%7.3%8.4%9.3%9.8%
Depreciation and amortization  23.120.921.218.316.413.412.212.0
EBIT   [+]119.4186.6180.0159.3115.776.371.868.3
            EBIT margin  5.2%8.4%8.7%7.7%6.4%7.2%8.0%8.4%
Non-recurring items   [+]10.90.91.87.74.71.61.22.0
Interest expense  31.34.34.111.29.73.42.42.3
Other income (expense), net         0.5
Pre-tax income  77.2181.3174.0140.5101.371.368.164.5
Income taxes  17.037.736.026.622.410.922.222.8
            Tax rate  22.0%20.8%20.7%18.9%22.1%15.3%32.6%35.4%
Minority interest  20.427.926.318.115.310.39.49.3
Net income  39.9115.7111.695.763.650.136.632.3
            Net margin  1.7%5.2%5.4%4.6%3.5%4.7%4.1%4.0%
   
Basic EPS   [+]$1.31$3.71$3.59$3.09$2.31$2.83$2.08$1.86
Diluted EPS   [+]$1.30$3.69$3.56$3.07$2.29$2.79$2.07$1.84
   
Shares outstanding (basic)   [+]30.531.231.130.927.517.717.617.4
Shares outstanding (diluted)   [+]30.731.431.431.227.818.017.717.5
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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