National Healthcare Properties (HLTC) Operating Margin (2013 - 2025)
National Healthcare Properties (HLTC) recorded quarterly Operating Margin of 7.79% in Q4 2025, down 382.17% quarter-over-quarter from 2.76% in Q3 2025, and down 659.0% on a YoY basis from 1.39% in Q4 2024.
National Healthcare Properties (HLTC) Operating Margin (2013 - 2025) Analysis & Trends
National Healthcare Properties' Operating Margin history runs 13 years deep, the most recent figure standing at 7.79% for Q4 2025.
- In Q4 2025, Operating Margin fell 659.0% year-over-year to 7.79%; the TTM figure through Dec 2025 stood at 0.96% (up 3588.0% YoY), while the FY2025 annual figure was 0.96%, up 3588.0% from the prior year.
- Operating Margin was 7.79% for Q4 2025 at National Healthcare Properties, down from 2.76% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 15.07% in Q1 2025 to a low of 113.09% in Q2 2024.
- Historically, Operating Margin has averaged 11.21% across 5 years, with a median of 5.97% in 2025.
- The sharpest annual moves came in 2024 and 2025: Operating Margin tumbled 11403 bps in 2024, then surged 10662 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 9.15% in 2021, then surged by 40 bps to 5.48% in 2022, then plunged by 38 bps to 7.58% in 2023, then jumped by 84 bps to 1.2% in 2024, then plunged by 548 bps to 7.79% in 2025.
- The last three Operating Margin figures came in at 7.79% (Q4 2025), 2.76% (Q3 2025), and 6.47% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 144.82 Bn | 141.05 Bn | 1.30 Bn | -51.02% |
| 2 | Ventas | 39.06 Bn | 38.93 Bn | 1.65 Bn | 1.55% |
| 3 | Healthpeak Properties | 13.76 Bn | 14.32 Bn | - | - |
| 4 | Omega Healthcare Investors | 12.86 Bn | 13.12 Bn | - | - |
| 5 | American Healthcare REIT | 8.89 Bn | 8.81 Bn | 97.60 Mn | -84.35% |
| 6 | CareTrust REIT | 8.47 Bn | 8.48 Bn | - | - |
| 7 | Healthcare Realty Trust | 6.83 Bn | 6.83 Bn | - | - |
| 8 | National Health Investors | 3.40 Bn | 3.41 Bn | - | - |
| 9 | Diversified Healthcare Trust | 2.05 Bn | 1.93 Bn | 304.41 Mn | -18.23% |
| 10 | National Healthcare Properties | - | - | - | -7.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -7.79% |
| Sep 30, 2025 | 2.76% |
| Jun 30, 2025 | -6.47% |
| Mar 31, 2025 | 15.07% |
| Dec 31, 2024 | -1.20% |
| Sep 30, 2024 | -23.53% |
| Jun 30, 2024 | -113.09% |
| Mar 31, 2024 | -1.27% |
| Dec 31, 2023 | -7.58% |
| Sep 30, 2023 | -1.06% |
| Jun 30, 2023 | 0.94% |
| Mar 31, 2023 | 2.22% |
| Dec 31, 2022 | -5.48% |
| Sep 30, 2022 | -10.00% |
| Jun 30, 2022 | -7.08% |
| Mar 31, 2022 | -15.07% |
| Dec 31, 2021 | -9.15% |
| Sep 30, 2021 | -34.88% |
| Jun 30, 2021 | -2.61% |
| Mar 31, 2021 | 1.03% |