Community Healthcare Trust Inc (CHCT)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	45,714	43,440	42,675	40,233	50,503	49,889	49,083	48,977	48,065	46,576	45,178	43,164	41,538	47,598	45,204	42,203	38,928	34,289	32,130	31,157
Revenue (ttm)	US$ in thousands	112,845	109,063	105,135	101,374	97,679	95,579	94,026	92,665	90,579	87,461	83,551	79,143	75,684	72,393	69,308	65,344	60,849	56,210	52,556	50,642
Gross profit margin		40.51%	39.83%	40.59%	39.69%	51.70%	52.20%	52.20%	52.85%	53.06%	53.25%	54.07%	54.54%	54.88%	65.75%	65.22%	64.59%	63.97%	61.00%	61.13%	61.52%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $45,714K ÷ $112,845K
= 40.51%

Community Healthcare Trust Inc has shown a stable gross profit margin over the past eight quarters, ranging from 81.64% to 83.26%. The company's gross profit margin peaked at 83.26% in Q3 2022 and has since experienced a slight decline, hovering around the low 80% range. This trend indicates that the company is effectively managing its cost of goods sold relative to its revenue, maintaining healthy profitability levels. Overall, the consistency in gross profit margin suggests operational efficiency and effective cost controls within the organization.

Peer comparison

Dec 31, 2023

Company name

Symbol

Gross profit margin

Community Healthcare Trust Inc

CHCT

40.51%