LHC Group's gross profit for the
three
months ended in Dec. 2022 was $211 Mil. LHC Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2022 was $884 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. LHC Group's gross profit for the
three
months ended in Dec. 2022 was $211 Mil. LHC Group's Revenue for the
three
months ended in Dec. 2022 was $558 Mil. Therefore, LHC Group's Gross Margin % for the quarter that ended in Dec. 2022 was 37.82%.
LHC Group had a gross margin of 37.82% for the quarter that ended in Dec. 2022 => Competition eroding margins
During the past 13 years, the highestGross Margin % of LHC Group was 41.75%. The lowest was 36.11%. And the median was 39.06%.
LHC Group Gross Profit Historical Data
The historical data trend for LHC Group's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of LHC Group's Gross Profit
For the Medical Care Facilities subindustry, LHC Group's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
LHC Group's Gross Profit Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, LHC Group's Gross Profit distribution charts can be found below:
* The bar in red indicates where LHC Group's Gross Profit falls into.
LHC Group Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
LHC Group's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $884 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
LHC Group (NAS:LHCG) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
LHC Group had a gross margin of 37.82% for the quarter that ended in Dec. 2022 => Competition eroding margins
LHC Group Gross Profit Related Terms
Thank you for viewing the detailed overview of LHC Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
LHC Group Inc provides post-acute health care services to patients through its home nursing agencies, community-based services agencies, hospice agencies, and long-term acute care hospitals. The company's home health service locations offer a wide range of services, including skilled nursing, medically-oriented social services and physical, occupational, and speech therapy. Its hospices provide end-of-life care to patients with terminal illnesses through interdisciplinary teams of physicians, nurses, home health aides, counselors, and volunteers. Its other service segments are Home and community based, Facility-based, Hospice and Healthcare Innovations. The company derives most of its revenues from the Home health services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LHCG has been successfully added to your 