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Medical Facilities (Medical Facilities) Gross Profit : $297.9 Mil (TTM As of Mar. 2024)


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What is Medical Facilities Gross Profit?

Medical Facilities's gross profit for the three months ended in Mar. 2024 was $73.4 Mil. Medical Facilities's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $297.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Medical Facilities's gross profit for the three months ended in Mar. 2024 was $73.4 Mil. Medical Facilities's Revenue for the three months ended in Mar. 2024 was $108.3 Mil. Therefore, Medical Facilities's Gross Margin % for the quarter that ended in Mar. 2024 was 67.83%.

Medical Facilities had a gross margin of 67.83% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Medical Facilities was 72.53%. The lowest was 66.10%. And the median was 68.15%.


Medical Facilities Gross Profit Historical Data

The historical data trend for Medical Facilities'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.

* Premium members only.

Medical Facilities Gross Profit Chart

Medical Facilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 269.66 242.94 268.61 280.63 296.68

Medical Facilities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 72.25 72.48 69.15 82.81 73.43

Competitive Comparison of Medical Facilities's Gross Profit

For the Medical Care Facilities subindustry, Medical Facilities'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.


Medical Facilities's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medical Facilities's Gross Profit distribution charts can be found below:

* The bar in red indicates where Medical Facilities's Gross Profit falls into.



Medical Facilities Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Medical Facilities's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=445.582 - 148.9
=296.7

Medical Facilities's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=108.258 - 34.826
=73.4

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $297.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Medical Facilities's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=73.4 / 108.258
=67.83 %

* 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.


Medical Facilities  (OTCPK:MFCSF) 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

Medical Facilities had a gross margin of 67.83% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Medical Facilities Gross Profit Related Terms

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Medical Facilities (Medical Facilities) Business Description

Traded in Other Exchanges
Address
4576 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6N4
Medical Facilities Corp owns a diverse portfolio of surgical facilities in the United States. Through its wholly-owned subsidiaries, the company owns controlling interests in four specialty hospitals and six ambulatory surgery centers. The hospitals offer a range of non-emergency surgical, imaging, diagnostic and pain management procedures, and other ancillary services. Its key revenue source is from the facility service income. The corporation's operations are based in the United States.

Medical Facilities (Medical Facilities) Headlines

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