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HLTC (National Healthcare Properties) Gross Margin % : 36.58% (As of Sep. 2024)


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What is National Healthcare Properties Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. National Healthcare Properties's Gross Profit for the three months ended in Sep. 2024 was $32.5 Mil. National Healthcare Properties's Revenue for the three months ended in Sep. 2024 was $88.9 Mil. Therefore, National Healthcare Properties's Gross Margin % for the quarter that ended in Sep. 2024 was 36.58%.


The historical rank and industry rank for National Healthcare Properties's Gross Margin % or its related term are showing as below:

HLTC' s Gross Margin % Range Over the Past 10 Years
Min: 36.18   Med: 37.28   Max: 39.02
Current: 36.92


During the past 6 years, the highest Gross Margin % of National Healthcare Properties was 39.02%. The lowest was 36.18%. And the median was 37.28%.

HLTC's Gross Margin % is ranked worse than
90.13% of 689 companies
in the REITs industry
Industry Median: 68.9 vs HLTC: 36.92

National Healthcare Properties had a gross margin of 36.58% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for National Healthcare Properties was -0.90% per year.


National Healthcare Properties Gross Margin % Historical Data

The historical data trend for National Healthcare Properties's Gross Margin % 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.

* Premium members only.

National Healthcare Properties Gross Margin % Chart

National Healthcare Properties Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 37.54 36.18 37.51 36.45 37.04

National Healthcare Properties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.60 35.45 37.55 38.07 36.58

Competitive Comparison of National Healthcare Properties's Gross Margin %

For the REIT - Healthcare Facilities subindustry, National Healthcare Properties's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


National Healthcare Properties's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, National Healthcare Properties's Gross Margin % distribution charts can be found below:

* The bar in red indicates where National Healthcare Properties's Gross Margin % falls into.



National Healthcare Properties Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

National Healthcare Properties's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=128.1 / 345.925
=(Revenue - Cost of Goods Sold) / Revenue
=(345.925 - 217.792) / 345.925
=37.04 %

National Healthcare Properties's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=32.5 / 88.94
=(Revenue - Cost of Goods Sold) / Revenue
=(88.94 - 56.407) / 88.94
=36.58 %

* 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.


National Healthcare Properties  (OTCPK:HLTC) Gross Margin % 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

National Healthcare Properties had a gross margin of 36.58% for the quarter that ended in Sep. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


National Healthcare Properties Gross Margin % Related Terms

Thank you for viewing the detailed overview of National Healthcare Properties's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


National Healthcare Properties Business Description

Traded in Other Exchanges
Address
540 Madison Avenue, 27th Floor, New York, NY, USA, 10022
National Healthcare Properties Inc is a publicly registered real estate investment trust focused on acquiring a diversified portfolio of healthcare real estate, with an emphasis on seniors housing and outpatient medical facilities, located in the United States.
Executives
Scott M. Lappetito officer: CFO, Secretary and Treasurer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Jason F. Doyle officer: CFO, Secretary and Treasurer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Buddie J Penn director 405 PARK AVENUE, NEW YORK NY 10022
Lee M Elman director 405 PARK AVENUE, NEW YORK NY 10022
Katie P Kurtz officer: CFO, Treasurer and Secretary 405 PARK AVENUE, THIRD FLOOR, NEW YORK NY 10022
Edward G Rendell director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Leslie D Michelson director PRIVATE HEALTH MANAGEMENT, 9200 SUNSET BLVD, SUITE 110, LOS ANGELES CA 90069
Randolph C Read director, other: CHAIRMAN C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
Thomas P Darcy officer: Chief Executive Officer 405 PARK AVENUE, NEW YORK NY 10022
Lange Edward F Jr officer: See Remarks 405 PARK AVENUE, NEW YORK NY 10022
William Todd Jensen officer: See Remarks 405 PARK AVE., 15TH FLOOR, NEW YORK NY 10022
Elizabeth K. Tuppeny director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Robert J Froehlich director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
David Gong director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Nicholas S Schorsch director, officer: See Remarks

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