Diversified Healthcare Trust records its operating margin is negative at -1.4%, and its net margin is negative at -10.3%, with a gross margin of 21.2%, an operating margin of -1.4%, an EBITDA margin of 17.5%, and a net margin of -10.3%. Operating margin had the largest improvement, expanding by 13.2 percentage points, while the other available margins also increased.
Over the last 3 years, Diversified Healthcare Trust recorded average margins of 17.95% gross, -8.45% operating, 11.73% EBITDA, and -20.62% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.
The biggest expansion was in operating margin, which rose by 13.2 percentage points. The other available margins also improved.
Over the last 3 years, the average gross margin for Diversified Healthcare Trust was 17.95%. The current gross margin of 21.2% is 3.3 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 21.2% in Sep 2026.
The average operating margin for Diversified Healthcare Trust was -8.45% across the past 3 years. Right now, the current operating margin for Diversified Healthcare Trust is -1.4%, 7.1 percentage points above its three-year average. The operating margin for Diversified Healthcare Trust moved between -14.6% in Sep 2025 and -1.4% in Sep 2026.
Over the last 3 years, Diversified Healthcare Trust's EBITDA margin averaged 11.73%. At present, Diversified Healthcare Trust's current EBITDA margin is 17.5%, which is 5.8 percentage points above its three-year average. During this period, EBITDA margin reached a high of 17.5% in Sep 2026 and a low of 8.1% in Mar 2026.
Over the last 3 years, Diversified Healthcare Trust's net margin averaged -20.62%. The current net margin of -10.3% is 10.3 percentage points above its three-year average. During this period, net margin reached a high of -10.3% in Sep 2026 and a low of -26.1% in Sep 2024.
With a gross margin of 21.2%, DHC ranks lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 60.8%, Diversified Healthcare Trust's gross margin is 65% lower.
For the period ending Sep 30, 2026, DHC recorded a gross margin of 21.2%.
As of Sep 30, 2026, DHC has a negative operating margin of -1.4%.
The current EBITDA margin for DHC is 17.5% as of Sep 30, 2026.
For the period ending Sep 30, 2026, DHC recorded a net margin of -10.3%.
Over the last 3 years, Diversified Healthcare Trust's margins averaged 18.0% gross, -8.5% operating, 11.7% EBITDA, and -20.6% net.
Over the last 5 years, Diversified Healthcare Trust's highest margins were 21.2% gross in Sep 2026, 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, -14.6% operating in Sep 2025, 8.1% EBITDA in Mar 2026, and -26.1% net in Sep 2024.