Community Healthcare Trust Inc (CHCT)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	8,126	8,809	10,790	9,763	22,157	23,106	22,811	22,941	22,788	21,862	21,694	20,510	19,256	17,511	14,927	12,447	9,797	2,898	2,259	2,630
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
Pretax margin		7.20%	8.08%	10.26%	9.63%	22.68%	24.17%	24.26%	24.76%	25.16%	25.00%	25.96%	25.92%	25.44%	24.19%	21.54%	19.05%	16.10%	5.16%	4.30%	5.19%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $8,126K ÷ $112,845K
= 7.20%

The pretax margin of Community Healthcare Trust Inc has shown a declining trend over the past four quarters. In Q4 2022, the pretax margin was at its highest point at 22.58%, but it has steadily decreased to 7.11% in Q4 2023. This indicates a significant decrease in the profitability of the company before accounting for taxes. It is important for the company to investigate the reasons behind this decline in pretax margin and implement strategies to improve profitability in the future quarters.

Peer comparison

Dec 31, 2023

Company name

Symbol

Pretax margin

Community Healthcare Trust Inc

CHCT

7.20%