The Joint

OverviewSuggest Edit

The Joint is reinventing chiropractic care by making quality healthcare affordable for patients seeking pain relief and ongoing wellness. Its network consists of modern, consumer friendly chiropractic clinics and individually selected Doctors of Chiropractic that deliver quality pain relief and preventative care to the highest standards. The Company's membership plans are designed to make chiropractic care accessible, and its no-insurance-necessary approach to chiropractic care is revolutionizing the way people receive health care - putting the relationship back where it belongs, between people and their doctors. 

TypePublic
Founded1999
HQScottsdale, AZ, USMap
Websitethejoint.com
Employee Ratings3.3More
Overall CultureBMore
View Jobs

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)150(+9%)
Revenue (FY, 2019)$48.5 M(+93%)
Share Price (Jan 2021)$28.3 (-1%)
Cybersecurity ratingCMore

Key People/Management at The Joint

Matthew E. Rubel

Matthew E. Rubel

Lead Director
Jorge Armenteros

Jorge Armenteros

Vice President of Operations
Ronald V. Davella

Ronald V. Davella

Director
Jason Greenwood

Jason Greenwood

Vice President of Marketing
Suzanne M. Decker

Suzanne M. Decker

Director
Amy Karroum

Amy Karroum

Vice President of Human Resources
Show more

The Joint Office Locations

The Joint has an office in Scottsdale
Scottsdale, AZ, US (HQ)
16767 N Perimeter Dr #110
Show all (1)

The Joint Financials and Metrics

The Joint Revenue

The Joint's revenue was reported to be $48.45 m in FY, 2019
USD

Revenue (Q3, 2020)

8.4m

Market capitalization (15-Jan-2021)

397.8m

Closing stock price (15-Jan-2021)

28.3

Cash (30-Sept-2020)

18.3m

EV

396.3m
The Joint's current market capitalization is $397.8 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2019

Revenue

7.1m13.8m20.5m25.2m48.5m

Revenue growth, %

94%48%23%

Cost of goods sold

2.2m2.8m2.9m3.3m5.6m

Gross profit

4.9m11.0m17.6m21.9m42.9m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2019Q3, 2019Q1, 2020Q3, 2020

Revenue

1.8m2.5m3.4m4.1m4.3m5.0m5.5m5.7m6.0m6.5m11.2m12.7m13.6m8.4m

Cost of goods sold

585.8k545.3k791.8k745.5k740.0k727.7k718.8k742.1k770.2k819.2k1.3m1.4m1.5m

Gross profit

1.2m2.0m2.6m3.4m3.5m4.2m4.8m4.9m5.2m5.7m9.9m11.3m12.2m

Gross profit Margin, %

68%78%77%82%83%85%87%87%87%87%88%89%89%
show all
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

20.8m16.8m3.0m4.2m8.7m8.5m

Accounts Receivable

704.9k743.2k1.0m1.1m1.2m2.6m

Prepaid Expenses

542.3k882.0k1.1m

Inventories

375.9k366.0k499.5k
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q3, 2020

Cash

2.4m17.1m12.6m9.5m10.4m6.1m3.4m2.7m3.0m2.6m4.0m4.6m5.6m8.1m9.5m7.8m10.7m18.3m

Accounts Receivable

333.2k775.7k458.9k605.9k1.6m1.8m1.9m1.2m1.1m1.3m1.0m1.2m1.2m1.1m1.0m1.3m1.8m1.8m

Prepaid Expenses

69.0k80.3k97.2k151.8k445.0k359.7k891.9k893.5k557.2k604.8k733.5k702.2k830.6k887.7k1.1m1.1m921.6k

Current Assets

5.5m19.5m14.5m11.6m13.6m9.5m7.4m5.8m5.6m5.4m6.6m7.2m8.4m10.9m12.4m11.3m14.8m22.0m
show all
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(3.0m)(8.8m)(15.2m)(3.3m)253.1k3.3m

Depreciation and Amortization

210.1k1.3m2.6m2.0m1.6m1.9m

Inventories

(352.2k)9.9k(133.5k)

Accounts Payable

1.0m(291.5k)(953.1k)(36.8k)63.6k75.9k
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q3, 2020

Net Income

(464.0k)(1.9m)(3.8m)(5.4m)(3.5m)(6.8m)(9.4m)(1.6m)(2.7m)(3.1m)(386.9k)(429.7k)(581.5k)952.6k1.4m2.0m814.9k2.5m

Depreciation and Amortization

141.7k122.6k401.1k822.5k575.5k1.2m1.9m578.0k1.1m1.6m387.4k792.4k1.2m365.7k770.1k1.3m654.2k2.1m

Accounts Payable

450.5k304.2k180.7k164.9k(1.2m)(1.1m)(1.2m)34.2k(83.6k)(336.5k)(133.0k)(384.5k)(225.8k)(276.1k)(154.5k)223.2k(80.7k)(379.3k)

Cash From Operating Activities

(114.4k)(1.3m)(2.5m)(4.0m)(5.8m)(8.1m)(10.3m)(1.3m)(734.7k)(1.4m)(33.1k)613.2k1.9m459.5k2.8m4.7m1.5m6.9m
show all
USDQ3, 2014

Financial Leverage

-6 x
Show all financial metrics

The Joint Operating Metrics

FY, 2014FY, 2015FY, 2016

Clinics

246 312 370

Patient Visits

2.17 m3.20 m4.10 m
Show all operating metrics

The Joint Revenue Breakdown

Embed Graph

The Joint revenue breakdown by business segment: 41.7% from Corporate Clinics and 58.3% from Franchise Operations

The Joint Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

Learn more about our premium products
SecurityScorecard logo

The Joint Online and Social Media Presence

The Joint's Trends

Embed Graph

The Joint Company Culture

  • Overall Culture

    B

    81/100

  • CEO Rating

    A+

    95/100

  • Compensation

    C+

    70/100

Learn more on Comparably

The Joint News and Updates

January 15, 2021

The Joint Chiropractic is the Official Chiropractor of South Florida Athletics

SCOTTSDALE, Ariz., Jan. 15, 2021 /PRNewswire/ -- The Joint Corp. (NASDAQ: JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, the University of South Florida (USF) and Vinik Sports Group (VSG) recently signed an agreement naming The Joint as...
January 05, 2021

The Joint Corp. Acquires Two Regional Developer Territories

- Increases Margin Contribution to the Company – - Increases Margin Contribution to the Company –
December 10, 2020

The Joint Chiropractic Named A "Top Growth Franchise" By Entrepreneur Magazine

SCOTTSDALE, Ariz., Dec. 10, 2020 /PRNewswire/ -- The Joint Corp. (NASDAQ: JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, was recently ranked in Entrepreneur magazine's first Top Growth Franchises list. This list recognizes the 150...
November 30, 2020

The Joint Corp. to Participate in the Roth Virtual Deer Valley Consumer Conference

SCOTTSDALE, Ariz., Nov. 30, 2020 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ: JYNT), a national operator, manager and franchisor of chiropractic clinics, announced that management is scheduled to participate in the Roth Virtual Deer Valley Conference, December 10 – 11, 2020.
November 10, 2020

The Joint Chiropractic Honors Veterans Day

SCOTTSDALE, Ariz., Nov. 10, 2020 /PRNewswire/ -- The Joint Corp. (NASDAQ: JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, honors Veterans today and every day with its year-round Military Appreciation Program. The exclusive benefit offers...
October 29, 2020

Americaneagle.com Named 2020 Sitecore Experience Award Honorable Mention Twice for Work with The Joint Commission and Rust-Oleum

CHICAGO, Oct. 29, 2020 /PRNewswire/ -- Today, Americaneagle.com announced it has been named Sitecore Experience Award (SEA) Honorable Mention for two projects: Most Sophisticated Implementation for its work with customer The Joint Commission and Most Impactful Human Connections in a...
Show more

 The Joint Frequently Asked Questions

  • When was The Joint founded?

    The Joint was founded in 1999.

  • Who are The Joint key executives?

    The Joint's key executives are Matthew E. Rubel, Jorge Armenteros and Ronald V. Davella.

  • How many employees does The Joint have?

    The Joint has 150 employees.

  • What is The Joint revenue?

    Latest The Joint annual revenue is $48.5 m.

  • What is The Joint revenue per employee?

    Latest The Joint revenue per employee is $323 k.

  • Who are The Joint competitors?

    Competitors of The Joint include My FootDr, E4 Health and ActiveOne.

  • Where is The Joint headquarters?

    The Joint headquarters is located at 16767 N Perimeter Dr #110, Scottsdale.

  • Where are The Joint offices?

    The Joint has an office in Scottsdale.

  • How many offices does The Joint have?

    The Joint has 1 office.