National HealthCare Corporation (NHC)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 66,798 | 22,445 | 138,590 | 41,871 | 68,211 |
| Revenue | US$ in thousands | 1,141,540 | 1,085,740 | 1,074,300 | 1,028,220 | 996,383 |
| Net profit margin | 5.85% | 2.07% | 12.90% | 4.07% | 6.85% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $66,798K ÷ $1,141,540K
= 5.85%
National Healthcare Corp.'s net profit margin has fluctuated over the past five years. In 2021, the company reached a high net profit margin of 13.71%, indicating that for every dollar of revenue generated, the company retained $0.1371 as profit. This was a significant increase from the previous year where the net profit margin was 4.28%. The company's performance in 2023 showed a moderate improvement compared to 2020, with a net profit margin of 5.88%. Despite the fluctuations, National Healthcare Corp. has demonstrated the ability to generate profits relative to its revenue, with varying degrees of efficiency across the years.
Peer comparison
Dec 31, 2023