National Healthcare PropertiesNHPAP.PFD +1.82%33 Operating Margin % is 11.78% as of Mar. 2026, which is 381% above its 10-year median of 2.45. GuruFocus rates NHPAP.PFD with a GF Scoreâ„¢ of 33/100. The stock has 7 warning signs investors should review. Among 747 REITs companies, National Healthcare Properties ranks worse than 88.76% on this metric.
National Healthcare Properties Inc has recorded a loss in operating income at least once over the past 3 years.
National Healthcare Properties (NAS:NHPAP.PFD) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But NokiaÂ’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
National Healthcare Properties Operating Margin % Related Terms
National Healthcare Properties Operating 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 Operating Margin % Chart
NHPAP.PFD vs UHT, CHCT, SILA: Operating Margin % Comparison
For the REIT - Healthcare Facilities subindustry, National Healthcare Properties's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs REITs Industry
For the REITs industry and Real Estate sector, National Healthcare Properties's Operating Margin % distribution charts can be found below:
* The bar in red indicates where National Healthcare Properties's Operating Margin % falls into.
National Healthcare Properties Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
* 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 (NHPAP.PFD) has a Operating Margin % of 11.78% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on National Healthcare Properties and its competitors. This is 381% above median its historical median of 2.45. According to the industry distribution chart, National Healthcare Properties ranks #663 out of 747 companies in the REITs industry, placing it in the top 88.8%.
Is National Healthcare Properties' Operating Margin % too high?
National Healthcare Properties' current Operating Margin % of 11.78% is 381% above median its 10-year median of 2.45. The REITs industry median Operating Margin % is 52.63. National Healthcare Properties' value of 11.78% is 77.6% below this industry median. Based on the distribution chart, National Healthcare Properties ranks #663 out of 747 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, National Healthcare Properties has a GF Scoreâ„¢ of 33/100, reflecting its overall financial health beyond just this single metric.
How does National Healthcare Properties' Operating Margin % compare to UHT and CHCT?
According to the REITs industry distribution chart, National Healthcare Properties ranks #663 out of 747 companies for Operating Margin %. This places National Healthcare Properties in the lower half of its industry. The industry median Operating Margin % is 52.63. National Healthcare Properties' value of 11.78% is 77.6% below this benchmark. While the company's 10-year median is 2.45 vs. the industry median of 52.63, 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 Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.63, based on 747 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Healthcare Properties's current Operating Margin % of 11.78% is 77.6% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on National Healthcare Properties and its competitors. For the REITs industry, the median Operating Margin % is 52.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Healthcare Properties's current Operating Margin % is 11.78%, which is 381% above median its own 10-year median of 2.45. 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 Operating Margin % of 11.78%. The current Operating Margin % is 11.78%, which is 381% above median its 10-year median of 2.45 and 77.6% below the REITs industry median of 52.63. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For National Healthcare Properties (NHPAP.PFD), the current Operating Margin % is 11.78% 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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