National Healthcare Corp (NHC) financials
National Healthcare revenue and earnings by year
National Healthcare's revenue was $1.52 billion in the fiscal year to December 31, 2025, up 16.1% from the year before. Net income was $120 million, 7.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 5.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.52 | 1.31 | 1.14 | 1.09 | 1.07 | 1.03 | 1.00 | 0.98 | 0.96 | 0.92 |
| Revenue growth | 16.1% | 14.5% | 5.1% | 1.1% | 4.5% | 3.2% | 1.6% | 1.7% | 4.4% | — |
| Operating income | 0.13 | 0.09 | 0.06 | 0.03 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 |
| Operating margin | 8.5% | 6.9% | 5.0% | 3.0% | 4.8% | 4.8% | 5.2% | 6.2% | 6.1% | 7.0% |
| Net income | 0.12 | 0.10 | 0.07 | 0.02 | 0.14 | 0.04 | 0.07 | 0.06 | 0.06 | 0.05 |
| Net margin | 7.9% | 7.8% | 5.9% | 2.1% | 12.9% | 4.1% | 6.8% | 6.0% | 5.8% | 5.5% |
| Diluted EPS | $7.67 | $6.53 | $4.34 | $1.45 | $8.99 | $2.72 | $4.44 | $3.87 | $3.70 | $3.33 |
| Free cash flow | 0.15 | 0.08 | 0.08 | -0.02 | 0.02 | 0.19 | 0.07 | 0.07 | 0.06 | 0.03 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open NHC in Markets.
How National Healthcare makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Inpatient Services | $338M | 89.2% |
| Homecare Services | $41.1M | 10.8% |
See also: NHC valuation and P/E history · NHC returns
No forecast, no recommendation. This page describes National Healthcare Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.