National Healthcare PropertiesNHPAP.PFD +1.82%33 Gross Margin % is 38.67% as of Mar. 2026, which is 4% above its 10-year median of 37.23. GuruFocus rates NHPAP.PFD with a GF Score™ of 33/100. The stock has 7 warning signs investors should review. Among 680 REITs companies, National Healthcare Properties ranks worse than 90.59% on this metric.
National Healthcare Properties (NAS:NHPAP.PFD) 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 38.67% for the quarter that ended in Mar. 2026 => 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
National Healthcare Properties Gross Margin % Historical Data
* 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.
National Healthcare Properties Gross Margin % Chart
NHPAP.PFD vs UHT, CHCT, SILA: Gross Margin % Comparison
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 Gross Margin % vs 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.
* 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 (NHPAP.PFD) has a Gross Margin % of 38.67% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on National Healthcare Properties and its competitors. This is near median its historical median of 37.23. Over the past decade, National Healthcare Properties' Gross Margin % has ranged from 36.05 to 39.02. According to the industry distribution chart, National Healthcare Properties ranks #616 out of 680 companies in the REITs industry, placing it in the top 90.6%.
Is National Healthcare Properties' Gross Margin % too high?
National Healthcare Properties' current Gross Margin % of 38.67% is near median its 10-year median of 37.23. Over the past 10 years, this metric has ranged from a low of 36.05 to a high of 39.02. The REITs industry median Gross Margin % is 69.61. National Healthcare Properties' value of 38.67% is 44.4% below this industry median. Based on the distribution chart, National Healthcare Properties ranks #616 out of 680 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, National Healthcare Properties has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does National Healthcare Properties' Gross Margin % compare to UHT and CHCT?
According to the REITs industry distribution chart, National Healthcare Properties ranks #616 out of 680 companies for Gross Margin %. This places National Healthcare Properties in the lower half of its industry. The industry median Gross Margin % is 69.61. National Healthcare Properties' value of 38.67% is 44.4% below this benchmark. Historically, National Healthcare Properties' own Gross Margin % has ranged from 36.05 to 39.02 over the past decade. While the company's 10-year median is 37.23 vs. the industry median of 69.61, National Healthcare Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.61, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Healthcare Properties's current Gross Margin % of 38.67% is 44.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on National Healthcare Properties and its competitors. For the REITs industry, the median Gross Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Healthcare Properties's current Gross Margin % is 38.67%, which is near median its own 10-year median of 37.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Healthcare Properties stock overvalued right now?
National Healthcare Properties (NHPAP.PFD) has a current Gross Margin % of 38.67%. The current Gross Margin % is 38.67%, which is near median its 10-year median of 37.23 and 44.4% below the REITs industry median of 69.61. National Healthcare Properties' overall GF Score™ is 33/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For National Healthcare Properties (NHPAP.PFD), the current Gross Margin % is 38.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
National Healthcare Properties Business Description
National Healthcare Properties Inc is a publicly registered real estate investment trust. It is focused on acquiring, owning, and managing a diversified portfolio of healthcare real estate assets focused on senior housing operating properties (SHOP) and outpatient medical facilities (OMF) in the United States. The company operates in two reportable business segments: SHOP and OMF. The SHOP segment consists of assisted living communities, memory care communities and independent living communities, which are focused on needs-based assisted living and memory care. The OMF segment consists of physicians' offices and examination rooms, hospitals, pharmacies, hospital ancillary service space and other outpatient services. The majority of revenue is derived from the SHOP segment.
33GF Score
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