The Joint Corp

The Joint Corp

JYNT · NASDAQ · Healthcare / Medical Care Facilities

6.94USD+0.25 (+3.74%)

Price History

Full chart

Market Stats

Previous Close6.69
Open6.84
Day Range6.78 – 7.00
52-Week Range7.50 – 10.67
Volume61.87K
Market Cap116.40M
P/E (TTM)58.79
Forward P/E11.92
EPS0.14
Dividend Yield0.00%
Beta1.06
50-Day Avg8.42
200-Day Avg8.81

About

The Joint Corp. operates and is a franchisor and operator of chiropractic clinics in the United States. The company provides services under the franchise agreement, including training of franchisees and staff, site selection, construction/vendor management and ongoing operations support. It operates through a network of franchised clinics, offering routine and affordable chiropractic adjustments using a private pay, non-insurance, cash-based model. The company was incorporated in 2010 and is headquartered in Scottsdale, Arizona.

Company Details

  • SectorHealthcare
  • IndustryMedical Care Facilities
  • CEOMr. Sanjiv Razdan
  • Employees202
  • Headquarters16767 North Perimeter Drive, Scottsdale, AZ, United States, 85260, USA
  • Websitehttps://www.thejoint.com

Leadership

  • Mr. Sanjiv RazdanCEO, President & Director · b. 1970
  • Mr. Scott Justin BowmanChief Financial Officer · b. 1967
  • Mr. Ron StilwellSenior Vice President of Operations & Patient Experience
  • Mr. Charles NellesChief Technology Officer
  • Dr. Steven KnaufVice President of Chiropractic & Compliance
  • Ms. Andra J. TerrellSVP, Corporate Secretary & General Counsel,
  • Ms. Debbie L. GonzalezChief Marketing Officer
  • Mr. Craig M. SherwoodSVP & Chief Development Officer · b. 1967
  • Mr. Craig P. Colmar J.D.Secretary · b. 1953

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.78M5.96M7.12M13.84M20.52M25.16M31.79M48.45M58.68M80.01M101.25M46.98M52.16M54.90M
Growth (%)-+113.94%+19.45%+94.41%+48.34%+22.61%+26.33%+52.41%+21.12%+36.34%+26.55%-53.60%+11.04%+5.24%
Cost of Revenue1.09M2.01M2.25M2.82M2.94M3.31M4.31M5.57M6.51M7.67M9.17M10.48M11.52M11.23M
Gross Profit1.69M3.95M4.87M11.02M17.58M21.85M27.48M42.88M52.18M72.35M92.08M36.50M40.65M43.67M
Gross Margin60.84%66.33%68.43%79.62%85.68%86.84%86.44%88.51%88.91%90.42%90.94%77.69%77.92%79.55%
Operating Expense3.04M3.51M6.50M20.33M32.61M25.03M27.27M39.47M46.68M66.22M91.25M36.18M42.54M44.58M
Operating Income-1.35M439.79K-1.63M-9.32M-15.02M-3.17M205.11K3.41M5.49M6.13M828.25K318.30K-1.89M-905.48K
Operating Margin-48.37%7.38%-22.86%-67.34%-73.20%-12.62%0.65%7.05%9.36%7.66%0.82%0.68%-3.62%-1.65%
EBITDA-1.30M510.51K-1.42M-7.76M-8.85M-896.78K2.29M5.43M8.18M10.07M7.89M8.88M2.90M1.48M
EBITDA Margin-46.58%8.57%-19.91%-56.12%-43.10%-3.56%7.22%11.20%13.93%12.59%7.79%18.90%5.56%2.70%
Net Income-736.29K155.63K-3.03M-8.80M-15.17M-3.28M253.08K3.32M13.17M7.57M626.71K-9.75M-5.80M2.91M
Net Income Margin-26.44%2.61%-42.59%-63.59%-73.93%-13.02%0.80%6.86%22.44%9.46%0.62%-20.76%-11.11%5.30%
R&D--0000343.00K-------
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%1.08%-------
Interest Expense000015.00K00251.62K23.16K133.55K953.53K64.29K--
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.07%0.00%0.00%0.52%0.04%0.17%0.94%0.14%--

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets9.10M9.77M28.56M33.36M17.05M16.91M23.53M43.71M65.88M87.06M93.49M87.21M83.15M60.97M
Total Liabilities10.24M10.99M12.93M12.68M10.13M12.01M21.17M37.99M44.75M56.75M60.90M62.44M62.48M45.89M
Total Equity-1.14M-1.22M15.63M20.68M6.93M4.90M2.36M5.72M21.13M30.28M32.56M24.75M20.65M15.05M
Cash3.57M3.52M20.80M16.79M3.01M4.22M8.72M8.46M20.55M19.53M9.75M18.15M25.05M23.60M
Total Debt---581.85K331.50K1.10M1.10M14.27M18.48M23.62M26.06M2.86M795.03K2.01M
Net Debt-3.57M-3.52M-20.80M-16.21M-2.68M-3.12M-7.62M5.82M-2.07M4.10M16.31M-15.29M-24.26M-21.59M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.18M422.22K-437.44K-6.80M-10.85M156.44K5.45M7.52M11.18M13.84M11.08M14.68M9.42M1.84M
Investing Cash Flow-174.04K-231.06K-2.06M-10.01M-2.70M-372.85K-1.24M-7.14M-4.60M-12.75M-20.78M-6.19M-631.55K6.27M
Financing Cash Flow--240.00K19.78M12.81M-239.85K1.42M326.30K-596.96K5.60M-2.00M328.61K174.12K-2.00M-9.81M
Capital Expenditure131.31K241.41K1.17M5.14M1.89M449.20K1.39M4.17M3.16M6.99M8.77M5.00M1.19M1.50M
Free Cash Flow2.04M180.81K-1.60M-11.94M-12.74M-292.76K4.06M3.36M8.03M6.85M2.31M9.68M8.23M334.72K
Dividends Paid--0011.42K0-545.18K1.01M1.52M384.27K202.39K--
FCF to OCF93.97%42.82%366.73%175.65%117.45%-187.13%74.52%44.63%71.78%49.51%20.84%65.94%87.41%18.21%
Dividend Paid to FCF--0.00%0.00%-0.09%0.00%-16.24%12.57%22.17%16.63%2.09%--

Earnings

Report DateDec 22, 2014Mar 19, 2015May 14, 2015Aug 13, 2015Nov 16, 2015Mar 16, 2016May 12, 2016Aug 11, 2016Nov 10, 2016Mar 9, 2017May 11, 2017Aug 10, 2017Nov 9, 2017Mar 8, 2018May 10, 2018Aug 9, 2018Nov 8, 2018Mar 7, 2019May 9, 2019Aug 8, 2019Nov 7, 2019Mar 5, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Mar 4, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Feb 24, 2022May 5, 2022Aug 5, 2022Nov 3, 2022Mar 9, 2023May 4, 2023Sep 13, 2023Nov 9, 2023Mar 7, 2024May 2, 2024Aug 8, 2024Nov 7, 2024Mar 5, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Mar 5, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate-0.04-0.04-0.17-0.23-0.26-0.28-0.31-0.27-0.21-0.20-0.12-0.10-0.07-0.03-0.02-0.010.010.030.030.040.030.070.07-0.13-0.010.140.050.060.030.060.04-0.010.060.08-0.010.010.010.01-0.01-0.01-0.010.01-0.00-0.070.020.040.030.110.11
EPS Actual-0.04-0.06-0.18-0.19-0.17-0.31-0.28-0.26-0.21-0.18-0.13-0.08-0.03-0.02-0.030.010.010.060.070.030.040.090.060.010.110.720.160.180.130.01-0.010.030.050.04-0.03-0.01-0.05-0.750.09-0.130.050.17-0.03-0.060.130.060.08-0.01-
Surprise0.00%-50.00%-5.88%17.39%34.62%-10.71%9.68%3.70%0.00%10.00%-8.33%20.00%57.14%33.33%-50.00%200.00%0.00%100.00%133.33%-25.00%33.33%28.57%-14.29%107.69%1200.00%414.29%220.00%200.00%333.33%-83.33%-125.00%400.00%-16.67%-50.00%-200.00%-200.00%-600.00%-7600.00%1000.00%-1200.00%600.00%1000.67%-809.09%14.29%550.00%50.00%166.67%-109.09%-
TimingPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap116.40M
Enterprise Value97.90M
Trailing P/E58.79
Forward P/E11.92
PEG Ratio8.83
Price / Sales1.99
Price / Book7.45
EPS0.14
Book Value1.16
Revenue (TTM)58.55M
Gross Profit (TTM)47.87M
EBITDA4.02M
Profit Margin6.49%
Operating Margin3.25%
Return on Equity10.62%
Return on Assets2.33%
Shares Outstanding14.14M
Shares Float6.53M
Beta1.06
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 5 analystsTarget 10.00
  • Strong Buy
    2
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
69.30%
Insiders
16.23%
Retail / Other
14.47%

Top Institutional Holders

  • Bandera Partners LLC
    3.94M27.84%
  • Skylands Capital, LLC
    895.57K6.33%
  • BlackRock Inc
    754.52K5.33%
  • Vanguard Capital Management, LLC
    595.61K4.21%
  • JCP Investment Management, LLC
    593.91K4.20%
  • Keller Group Invmt Management Inc
    337.85K2.39%
  • Geode Capital Management, LLC
    287.41K2.03%
  • State Street Corp
    285.61K2.02%
  • Vanguard Portfolio Management, LLC
    277.64K1.96%
  • Renaissance Technologies Corp
    228.58K1.62%
  • Dimensional Fund Advisors, Inc.
    150.20K1.06%
  • Douglass Winthrop Advisors, LLC
    149.10K1.05%
  • Citadel Advisors Llc
    139.47K0.99%
  • VERUS CAPITAL PARTNERS, LLC
    122.06K0.86%
  • The Goldman Sachs Group Inc
    121.38K0.86%
  • D. E. Shaw & Co LP
    115.70K0.82%
  • Millennium Management LLC
    105.15K0.74%
  • Northern Trust Corp
    101.64K0.72%

Top Fund Holders

  • Fundamental Family Office Allocation A
    304.42K2.15%
  • Vanguard MStar Total Stk Mkt Idx Invest
    248.89K1.76%