National HealthCare Corporation (NHC)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 101,927 | 66,798 | 22,445 | 138,590 | 41,871 |
| Revenue | US$ in thousands | 1,307,380 | 1,141,540 | 1,085,740 | 1,074,300 | 1,028,220 |
| Net profit margin | 7.80% | 5.85% | 2.07% | 12.90% | 4.07% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $101,927K ÷ $1,307,380K
= 7.80%
National HealthCare Corporation's net profit margin has shown volatility over the past five years. In December 2020, the net profit margin stood at 4.07%, indicating that for every dollar of revenue generated, the company retained $0.0407 as profit. The margin significantly increased to 12.90% by December 2021, suggesting improved profitability during that period.
However, there was a noticeable decline in profitability by December 2022, with the net profit margin dropping to 2.07%. This decline may raise concerns about the company's ability to efficiently convert sales into profits. The trend reversed in December 2023, as the net profit margin increased to 5.85%, signaling a recovery in profitability.
By December 2024, the net profit margin further improved to 7.80%, indicating that National HealthCare Corporation was able to enhance its profitability compared to the previous year. Overall, while there were fluctuations in the net profit margin over the five-year period, the company managed to demonstrate an upward trend in profitability towards the end of the analyzed period.
Peer comparison
Dec 31, 2024