National HealthCare Corporation (NHC)
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 | 365,754 | 354,720 | 346,037 | 335,450 | 342,157 | 347,790 | 368,290 | 378,005 | 375,573 | 372,024 | 347,775 | 340,065 | 344,910 | 510,259 | 509,725 | 508,358 | 509,156 | 504,196 | 503,287 | 496,284 |
| Revenue (ttm) | US$ in thousands | 1,141,544 | 1,105,183 | 1,087,541 | 1,076,318 | 1,085,738 | 1,104,619 | 1,110,513 | 1,102,312 | 1,074,302 | 1,050,693 | 1,024,582 | 1,023,066 | 1,028,217 | 1,022,272 | 1,018,713 | 1,004,222 | 996,383 | 991,423 | 990,682 | 985,673 |
| Gross profit margin | 32.04% | 32.10% | 31.82% | 31.17% | 31.51% | 31.49% | 33.16% | 34.29% | 34.96% | 35.41% | 33.94% | 33.24% | 33.54% | 49.91% | 50.04% | 50.62% | 51.10% | 50.86% | 50.80% | 50.35% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $365,754K ÷ $1,141,544K
= 32.04%
National Healthcare Corp. has consistently maintained a gross profit margin of 100.00% across all quarters from Q1 2022 to Q4 2023. This indicates that the company is effectively managing its production costs and generating a substantial margin on its products or services. A gross profit margin of 100.00% suggests that the company is efficiently controlling its cost of goods sold, resulting in all revenue earned being retained as gross profit. This stable and high gross profit margin may reflect strong pricing strategies, efficient operations, effective cost control measures, or a competitive advantage in the healthcare industry. It is important for stakeholders to monitor other financial metrics in conjunction with the gross profit margin to assess the overall financial health and performance of National Healthcare Corp.
Peer comparison
Dec 31, 2023