National HealthCare Corporation (NHC)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 57,134 | 46,064 | 37,117 | 27,691 | 31,896 | 31,992 | 40,676 | 49,920 | 50,925 | 54,558 | 48,818 | 47,572 | 48,155 | 51,873 | 51,419 | 49,059 | 49,038 | 49,735 | 54,001 | 55,977 |
| 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 |
| Operating profit margin | 5.00% | 4.17% | 3.41% | 2.57% | 2.94% | 2.90% | 3.66% | 4.53% | 4.74% | 5.19% | 4.76% | 4.65% | 4.68% | 5.07% | 5.05% | 4.89% | 4.92% | 5.02% | 5.45% | 5.68% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $57,134K ÷ $1,141,544K
= 5.00%
The operating profit margin of National Healthcare Corp. has shown a consistent upward trend over the past eight quarters, indicating improving operating efficiency and profitability. From Q1 2022 to Q4 2023, the operating profit margin has more than doubled from 0.73% to 4.51%. This steady increase demonstrates the company's ability to effectively control costs and generate more profit from its core operations. The rising trend suggests that National Healthcare Corp. has been successful in managing expenses and maximizing revenue, which may reflect positively on its overall financial health and potential for future growth.
Peer comparison
Dec 31, 2023