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%.
The historical rank and industry rank for Nutex Health's Gross Margin % or its related term are showing as below:
NUTX'
s Gross Margin % Range Over the Past 10 Years
Min: 7.03 Med: 34.06 Max: 57.51
Current: 14.04
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%.
NUTX's Gross Margin % is ranked worse than 89.79% of 607
companies
in the Healthcare Providers & Services industry
Industry Median: 41.24
vs NUTX: 14.04
Nutex Health had a gross margin of 18.97% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Nutex Health was 0.00% per year.
Nutex Health Gross Margin % Historical Data
The historical data trend for Nutex Health'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.
Competitive Comparison of Nutex Health's Gross Margin %
For the Health Information Services subindustry, Nutex Health'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.
Nutex Health's Gross Margin % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Nutex Health's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Nutex Health'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.
Nutex Health (NAS:NUTX) 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
Nutex Health had a gross margin of 18.97% for the quarter that ended in Dec. 2023 => No sustainable 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.
Nutex Health Gross Margin % Related Terms
Thank you for viewing the detailed overview of Nutex Health's Gross Margin % 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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