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Brookdale Senior Living (Brookdale Senior Living) Gross Margin % : 25.00% (As of Dec. 2023)


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What is Brookdale Senior Living Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Brookdale Senior Living's Gross Profit for the three months ended in Dec. 2023 was $189 Mil. Brookdale Senior Living's Revenue for the three months ended in Dec. 2023 was $754 Mil. Therefore, Brookdale Senior Living's Gross Margin % for the quarter that ended in Dec. 2023 was 25.00%.


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

BKD' s Gross Margin % Range Over the Past 10 Years
Min: 17.79   Med: 24.05   Max: 29.57
Current: 24.53


During the past 13 years, the highest Gross Margin % of Brookdale Senior Living was 29.57%. The lowest was 17.79%. And the median was 24.05%.

BKD's Gross Margin % is ranked worse than
74.59% of 606 companies
in the Healthcare Providers & Services industry
Industry Median: 41.465 vs BKD: 24.53

Brookdale Senior Living had a gross margin of 25.00% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Brookdale Senior Living was -1.00% per year.


Brookdale Senior Living Gross Margin % Historical Data

The historical data trend for Brookdale Senior Living'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.

Brookdale Senior Living Gross Margin % Chart

Brookdale Senior Living 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 21.61 19.90 17.79 18.72 24.53

Brookdale Senior Living 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 18.49 24.66 24.32 24.15 25.00

Competitive Comparison of Brookdale Senior Living's Gross Margin %

For the Medical Care Facilities subindustry, Brookdale Senior Living'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.


Brookdale Senior Living's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Brookdale Senior Living's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Brookdale Senior Living's Gross Margin % falls into.



Brookdale Senior Living Gross Margin % Calculation

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

Brookdale Senior Living'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 )
=737.6 / 3006.756
=(Revenue - Cost of Goods Sold) / Revenue
=(3006.756 - 2269.125) / 3006.756
=24.53 %

Brookdale Senior Living'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 )
=188.6 / 754.483
=(Revenue - Cost of Goods Sold) / Revenue
=(754.483 - 565.857) / 754.483
=25.00 %

* 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.


Brookdale Senior Living  (NYSE:BKD) 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

Brookdale Senior Living had a gross margin of 25.00% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Brookdale Senior Living Gross Margin % Related Terms

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


Brookdale Senior Living (Brookdale Senior Living) Business Description

Traded in Other Exchanges
Address
111 Westwood Place, Suite 400, Brentwood, TN, USA, 37027
Brookdale operates senior living communities throughout the United States. Private pay customers contribute the majority of its resident fees. Brookdale's retirement centers are targeted toward middle- to upper-income seniors, typically over the age of 75. It provides basic services, like meals and housekeeping, and supplemental-care services to assist residents with daily activities. Brookdale's assisted living communities offer 24-hour assistance with daily activities and include memory-care communities that are specifically designed for residents with Alzheimer's disease or other dementia. Its continuing-care retirement centers are large communities that accommodate all levels of physical ability and health. The majority of the firm's revenue comes from assisted living resident fees.
Executives
Marcus E Bromley director
Jordan R Asher director C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Benjamin J. Ricci officer: Division Vice President 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Laura E. Fischer officer: Division Vice President 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Frank M Bumstead director 2300 CHARLOTTE AVENUE, STE 103, NASHVILLE TN 37203
Jaclyn C Pritchett officer: EVP - Human Resources 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Lucinda M Baier officer: Chief Financial Officer 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
George T Hicks officer: Executive Vice President BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Kevin W Bowman officer: EVP-Community Operations 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Rita Johnson-mills director C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Lee S Wielansky director PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Denise Wilder Warren director 6600 WALL STREET, MOBILE AL 36695
Cindy Kent officer: EVP & President Senior Housing 7601 PENN AVENUE SOUTH, RICHFIELD MN 55418
Vicki L Freed director 6262 SUNSET DRIVE, MIAMI FL 33143
Guy P Sansone director C/O MEDNAX, 1301 CONCORD TERRACE, SUNRISE FL 33323