Nutex Health's gross profit for the
three
months ended in Dec. 2023 was $13.2 Mil. Nutex Health's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $34.8 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Nutex Health's gross profit for the
three
months ended in Dec. 2023 was $13.2 Mil. Nutex Health's Revenue for the
three
months ended in Dec. 2023 was $69.7 Mil. Therefore, Nutex Health's Gross Margin % for the quarter that ended in Dec. 2023 was 18.97%.
Nutex Health had a gross margin of 18.97% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
During the past 5 years, the highestGross Margin % of Nutex Health was 57.51%. The lowest was 7.03%. And the median was 34.06%.
Nutex Health Gross Profit Historical Data
The historical data trend for Nutex Health'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 Nutex Health's Gross Profit
For the Health Information Services subindustry, Nutex Health'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.
Nutex Health's Gross Profit Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Nutex Health's Gross Profit distribution charts can be found below:
* The bar in red indicates where Nutex Health's Gross Profit falls into.
Nutex Health Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Nutex Health's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $34.8 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.
Nutex Health (NAS:NUTX) 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
Nutex Health had a gross margin of 18.97% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
Nutex Health Gross Profit Related Terms
Thank you for viewing the detailed overview of Nutex Health's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Nutex Health Inc is healthcare services and operations company with 19 hospital facilities in eight states (hospital division), and a primary care-centric, risk-bearing population health management division. The hospital division implements and operates healthcare models, including micro-hospitals, specialty hospitals and hospital outpatient departments (HOPDs). The population health management division owns and operates provider networks such as independent physician associations (IPAs) and offers a cloud-based proprietary technology platform to IPAs that aggregates clinical and claims data across multiple settings, information systems and sources to create a holistic view of patients and providers.
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