Diversified Healthcare Trust records its operating margin is negative at -7.6%, and its net margin is negative at -17.7%, with a gross margin of 19.7%, an operating margin of -7.6%, an EBITDA margin of 10.6%, and a net margin of -17.7%. Margin expansion was strongest in operating margin, which rose by 2.7 percentage points. EBITDA margin had the strongest contraction, falling by 4 percentage points.
Over the last 3 years, Diversified Healthcare Trust recorded average margins of 17.65% gross, -9.06% operating, 11.21% EBITDA, and -21.55% net. Diversified Healthcare Trust's current performance shows that gross, operating, and net margins are above their three-year averages and EBITDA margin is below its three-year average.
The strongest improvement was in operating margin, which increased by 2.7 percentage points, and gross margin also expanded by 1.9 percentage points and net margin also expanded by 1.1 percentage points, whereas EBITDA margin contracted by 4 percentage points.
Over the last 3 years, the average gross margin for Diversified Healthcare Trust was 17.65%. The current gross margin of 19.7% is 2.1 percentage points above its three-year average. Diversified Healthcare Trust's gross margin ranged from a low of 16.7% in Dec 2023 to a high of 19.7% in Jun 2026.
The average operating margin for Diversified Healthcare Trust was -9.06% across the past 3 years. Right now, the current operating margin for Diversified Healthcare Trust is -7.6%, 1.5 percentage points above its three-year average. The operating margin for Diversified Healthcare Trust moved between -14.5% in Sep 2025 and -5.2% in Dec 2025.
Over the last 3 years, Diversified Healthcare Trust's EBITDA margin averaged 11.21%. At present, Diversified Healthcare Trust's current EBITDA margin is 10.6%, which is 0.6 percentage points below its three-year average. During this period, EBITDA margin reached a high of 15% in Mar 2025 and a low of 8.1% in Mar 2026.
Over the last 3 years, Diversified Healthcare Trust's net margin averaged -21.55%. The current net margin of -17.7% is 3.9 percentage points above its three-year average. During this period, net margin reached a high of -17.7% in Jun 2026 and a low of -26.1% in Sep 2024.
With a gross margin of 19.7%, DHC ranks lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 62.8%, Diversified Healthcare Trust's gross margin is 69% lower.
For the period ending Jun 30, 2026, DHC recorded a gross margin of 19.7%.
As of Jun 30, 2026, DHC has a negative operating margin of -7.6%.
The current EBITDA margin for DHC is 10.6% as of Jun 30, 2026.
For the period ending Jun 30, 2026, DHC recorded a net margin of -17.7%.
Over the last 3 years, Diversified Healthcare Trust's margins averaged 17.7% gross, -9.1% operating, 11.2% EBITDA, and -21.6% net.
Over the last 5 years, Diversified Healthcare Trust's highest margins were 21.1% gross in Dec 2021, 57.4% operating in Mar 2022, 74.6% EBITDA in Mar 2022, and 36.2% net in Mar 2022.
Across the 5-year period, DHC posted its lowest margins at 13.6% gross in Dec 2022, -14.5% operating in Sep 2025, 8.1% EBITDA in Mar 2026, and -26.1% net in Sep 2024.