Community Healthcare Trust Inc (CHCT)
Net profit margin
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 7,714 | 22,019 | 22,492 | 19,077 | 8,376 |
Revenue | US$ in thousands | 112,845 | 97,679 | 90,579 | 75,684 | 60,849 |
Net profit margin | 6.84% | 22.54% | 24.83% | 25.21% | 13.77% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $7,714K ÷ $112,845K
= 6.84%
The net profit margin of Community Healthcare Trust Inc has shown variability over the past five years, ranging from 4.52% in 2023 to a high of 22.77% in 2020. The significant drop in the net profit margin in 2023 compared to the previous years could indicate a decrease in profitability relative to revenue. This decrease may be attributed to various factors such as increasing expenses, declining revenues, or one-time costs impacting the bottom line. Further analysis is recommended to identify the specific drivers behind this decline and assess the company's overall financial performance.
Peer comparison
Dec 31, 2023
Company name
Symbol
Net profit margin
Community Healthcare Trust Inc
CHCT
6.84%
CoreCivic Inc
CXW
3.56%
Geo Group Inc
GEO
2.33%