The Joint

The Joint was founded in Tucson in 1999 by Dr. Fred Gerretzen, whose vision was to turn the traditional and often misunderstood concept of routine chiropractic care into a simple and affordable reality. Today, The Joint delivers on that vision, with convenient locations nationwide whose shared purpose is to improve our patients' quality of life through routine and affordable chiropractic care.
Our mission is to improve quality of life through routine and affordable chiropractic care. That's why we built a nationwide network of modern, comfortable chiropractic locations staffed with experienced, licensed chiropractors. Our membership plans are designed to make chiropractic care accessible, and our no-insurance-necessary approach to chiropractic care is revolutionizing the way people receive health care— putting the relationship back where it belongs, between you and your doctor.

Company Growth (employees)
Scottsdale, US
Size (employees)
104 (est)
The Joint was founded in 1999 and is headquartered in Scottsdale, US

The Joint Office Locations

The Joint has an office in Scottsdale
Scottsdale, US (HQ)
240 16767 N Perimeter Dr

The Joint Metrics

The Joint Financial Metrics

Revenue (2016)

$20.5 m

Revenue growth (2015-16), %


Gross profit

$17.6 m

Gross profit margin (2016), %


Net income (2016)

($15.2 m)

Market capitalization (28-Apr-2017)

$49.6 m

Closing share price (28-Apr-2017)


Cash (31-Dec-2016)

$3 m
The Joint's current market capitalization is $49.6 m.
The Joint's revenue was reported to be $20.5 m in FY, 2016 which is a 48% increase from the previous period.
FY, 2014FY, 2015FY, 2016


$7.1 m$13.8 m$20.5 m

Revenue growth, %


Cost of goods sold

$2.2 m$2.8 m$2.9 m

Gross profit

$4.9 m$11 m$17.6 m

Gross profit Margin, %


Sales and marketing expense

$1.2 m$2.8 m$4.4 m

General and administrative expense

$5.1 m$15.4 m$22.1 m

Operating expense total

$6.5 m$20.3 m$29.1 m

Depreciation and amortization

$210.1 k$1.3 m$2.6 m


($9.3 m)($15 m)

EBIT margin, %


Income tax expense

$235.9 k($164.4 k)

Net Income

($3 m)($8.8 m)($15.2 m)
FY, 2014FY, 2015FY, 2016


$20.8 m$16.8 m$3 m

Accounts Receivable

$405.5 m


$176.2 m$252 m

Current Assets

$23.4 m$19 m$5.7 m


$1.1 m$7.1 m$4.7 m


$677.2 k$2.5 m$2.8 m

Total Assets

$28.6 m$33.4 m$17.1 m

Accounts Payable

$112.7 m$413.3 m$136 m

Current Liabilities

$4.3 m$7.5 m$5.9 m

Additional Paid-in Capital

$21.4 m$35.3 m$36.4 m

Retained Earnings

($5 m)($13.8 m)($29 m)

Total Equity

$15.6 m$20.7 m$6.9 m

Financial Leverage

1.8 x1.6 x2.5 x
FY, 2014FY, 2015FY, 2016

Net Income

($3 m)($8.8 m)($15.2 m)

Depreciation and Amortization

$210.1 k$1.3 m$2.6 m

Accounts Receivable

($69 m)

Accounts Payable

($960 k)

Cash From Operating Activities

($437.4 k)($6.8 m)($10.8 m)

Purchases of PP&E

($659.3 k)($4.1 m)($1.6 m)

Cash From Investing Activities

($2.1 m)($10 m)($2.7 m)

Cash From Financing Activities

$19.8 m$12.8 m($239.9 k)

Income Taxes Paid

$420.3 k

The Joint Operating Metrics

FY, 2014FY, 2015FY, 2016



Patient Visits

2.17 m3.2 m4.1 m

The Joint Market Value History

The Joint Revenue Breakdown

The Joint Online Presence

The Joint News

The Joint Company Life

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