National HealthCare Corporation (NHC)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 90,248 | 61,334 | 43,469 | 25,347 | 29,699 | 42,339 | 38,470 | 141,552 | 149,541 | 165,892 | 186,570 | 117,281 | 52,304 | 33,646 | 43,034 | 23,112 | 88,250 | 94,270 | 94,484 | 106,401 |
| 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 |
| Pretax margin | 7.91% | 5.55% | 4.00% | 2.35% | 2.74% | 3.83% | 3.46% | 12.84% | 13.92% | 15.79% | 18.21% | 11.46% | 5.09% | 3.29% | 4.22% | 2.30% | 8.86% | 9.51% | 9.54% | 10.79% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $90,248K ÷ $1,141,544K
= 7.91%
National Healthcare Corp.'s pretax margin has displayed fluctuations over the past eight quarters. In Q1 2022, the pretax margin was notably high at 13.51%, indicating strong profitability before taxes. However, this figure decreased in subsequent quarters, reaching a low of 2.08% in Q1 2023. The pretax margin then showed an upward trend, peaking at 7.82% in Q4 2023. These variations suggest potential shifts in the company's cost structure, revenue generation, or efficiency in managing expenses. Further analysis and comparison with industry benchmarks could provide additional insights into the factors influencing National Healthcare Corp.'s pretax margin performance.
Peer comparison
Dec 31, 2023