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Healthpeak Properties (BSP:P1EA34) Gross Margin % : 59.47% (As of Dec. 2023)


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What is Healthpeak Properties Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Healthpeak Properties's Gross Profit for the three months ended in Dec. 2023 was R$1,613 Mil. Healthpeak Properties's Revenue for the three months ended in Dec. 2023 was R$2,713 Mil. Therefore, Healthpeak Properties's Gross Margin % for the quarter that ended in Dec. 2023 was 59.47%.

Warning Sign:

Healthpeak Properties Inc gross margin has been in long-term decline. The average rate of decline per year is -3%.


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

BSP:P1EA34' s Gross Margin % Range Over the Past 10 Years
Min: 52.43   Med: 64.64   Max: 76.71
Current: 58.64


During the past 13 years, the highest Gross Margin % of Healthpeak Properties was 76.71%. The lowest was 52.43%. And the median was 64.64%.

BSP:P1EA34's Gross Margin % is ranked worse than
73.03% of 634 companies
in the REITs industry
Industry Median: 68.745 vs BSP:P1EA34: 58.64

Healthpeak Properties had a gross margin of 59.47% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Healthpeak Properties was -3.00% per year.


Healthpeak Properties Gross Margin % Historical Data

The historical data trend for Healthpeak 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.

Healthpeak Properties Gross Margin % Chart

Healthpeak Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.33 52.43 59.22 58.13 58.64

Healthpeak Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 57.96 57.56 59.33 58.16 59.47

Competitive Comparison of Healthpeak Properties's Gross Margin %

For the REIT - Healthcare Facilities subindustry, Healthpeak 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.


Healthpeak Properties's Gross Margin % Distribution in the REITs Industry

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

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



Healthpeak Properties Gross Margin % Calculation

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

Healthpeak 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 )
=6266.6 / 10686.478
=(Revenue - Cost of Goods Sold) / Revenue
=(10686.478 - 4419.913) / 10686.478
=58.64 %

Healthpeak Properties's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1613.3 / 2712.784
=(Revenue - Cost of Goods Sold) / Revenue
=(2712.784 - 1099.52) / 2712.784
=59.47 %

* 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.


Healthpeak Properties  (BSP:P1EA34) 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

Healthpeak Properties had a gross margin of 59.47% for the quarter that ended in Dec. 2023 => Durable competitive advantage


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.


Healthpeak Properties Gross Margin % Related Terms

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


Healthpeak Properties (BSP:P1EA34) Business Description

Traded in Other Exchanges
Address
4600 South Syracuse Street, Suite 500, Denver, CO, USA, 80237
Healthpeak owns a diversified healthcare portfolio of approximately 457 in-place properties spread across mainly medical office and life science assets, plus a handful of senior housing, hospital, and skilled nursing/post-acute care assets, as well.

Healthpeak Properties (BSP:P1EA34) Headlines

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