National HealthCare Corporation (NHC)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 66,798 | 44,745 | 31,928 | 18,850 | 22,445 | 31,880 | 30,961 | 132,641 | 138,590 | 150,352 | 166,549 | 89,990 | 41,871 | 28,091 | 34,703 | 20,090 | 68,211 | 72,593 | 74,274 | 83,024 |
| 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 |
| Net profit margin | 5.85% | 4.05% | 2.94% | 1.75% | 2.07% | 2.89% | 2.79% | 12.03% | 12.90% | 14.31% | 16.26% | 8.80% | 4.07% | 2.75% | 3.41% | 2.00% | 6.85% | 7.32% | 7.50% | 8.42% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $66,798K ÷ $1,141,544K
= 5.85%
The net profit margin of National Healthcare Corp. has fluctuated over the past eight quarters. In Q1 2022, the company recorded a significantly high net profit margin of 12.62%, which then decreased in the following quarters before reaching a low of 1.75% in Q1 2023. However, there was a notable improvement in Q2 and Q3 2023, with the net profit margin increasing to 2.94% and 4.05%, respectively. This positive trend continued in Q4 2023, reaching a net profit margin of 5.88%.
The variations in net profit margin indicate changes in the company's profitability and efficiency in generating profit from its revenue. It is important for National Healthcare Corp. to consistently monitor and manage its expenses, revenue, and overall financial performance to maintain a healthy net profit margin and sustainable profitability in the long term.
Peer comparison
Dec 31, 2023