National HealthCare Corporation (NHC)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 136,249 | 90,248 | 29,699 | 149,541 | 52,304 |
| Revenue | US$ in thousands | 1,307,380 | 1,141,540 | 1,085,740 | 1,074,300 | 1,028,220 |
| Pretax margin | 10.42% | 7.91% | 2.74% | 13.92% | 5.09% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $136,249K ÷ $1,307,380K
= 10.42%
The pretax margin of National HealthCare Corporation has shown variability over the past five years. In December 31, 2020, the pretax margin was 5.09%, indicating that for every dollar of revenue generated, the company retained 5.09 cents before accounting for taxes. Subsequently, the pretax margin significantly increased to 13.92% by December 31, 2021, reflecting a notable improvement in operational efficiency and profitability.
However, in December 31, 2022, there was a substantial decline in the pretax margin to 2.74%, which may indicate challenges or increased costs impacting the company's ability to generate profit before taxes. The pretax margin then rebounded to 7.91% by December 31, 2023, showing a partial recovery from the previous year's decrease.
By December 31, 2024, the pretax margin of National HealthCare Corporation stood at 10.42%, suggesting a solid performance in managing expenses and generating profits before accounting for taxes. Overall, the varying pretax margins reflect the company's ability to navigate changes in the operating environment and operational efficiency, indicating the importance of monitoring financial performance metrics over time.
Peer comparison
Dec 31, 2024