National Healthcare (NHC) EBITDA Margin (2010 - 2026)
National Healthcare (NHC) posted EBITDA Margin of 14.73% for Q2 2026, up 2.70 percentage points from 12.03% a year earlier and up 3.24 percentage points from the prior quarter.
National Healthcare (NHC) EBITDA Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at National Healthcare was 12.21%, up 1.20 percentage points year-over-year; for FY2025, it came in at 11.42%, up 1.33 percentage points from FY2024.
- Annual EBITDA Margin has increased for three consecutive years, with a five-year change of +2.65 percentage points (FY2020 to FY2025).
- In prior years, National Healthcare's EBITDA Margin was 10.09% in FY2024 (+1.37 pp), 8.72% in FY2023 (+2.05 pp), 6.67% in FY2022 (-1.86 pp) and 8.53% in FY2021 (-0.24 pp).
- The Q2 2026 figure stands as the highest quarterly EBITDA Margin since Q1 2011.
- On a year-over-year basis, EBITDA Margin has increased in each of the last 13 quarters, with an average year-over-year change of +1.32 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q4 2023, with a gain of 3.32 percentage points; the weakest was Q2 2022, with a drop of 3.73 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 11.49% (Q1 2026), 11.61% (Q4 2025) and 10.85% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.08 Bn | 93.52 Bn | - | 19.96% |
| 2 | Natera | 59.53 Bn | 55.21 Bn | 485.19 Mn | -7.25% |
| 3 | Quest Diagnostics | 25.60 Bn | 24.03 Bn | 1.03 Bn | 19.88% |
| 4 | Labcorp Holdings | 24.98 Bn | 22.75 Bn | 1.11 Bn | 16.90% |
| 5 | Guardant Health | 23.75 Bn | 19.81 Bn | 219.03 Mn | -35.69% |
| 6 | Tenet Healthcare | 20.75 Bn | 11.90 Bn | - | 30.49% |
| 7 | Tempus AI | 14.47 Bn | 11.50 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 12.19 Bn | 12.65 Bn | - | 24.09% |
| 9 | Davita | 11.20 Bn | 9.97 Bn | 1.16 Bn | 21.01% |
| 10 | National Healthcare | 3.51 Bn | 2.50 Bn | - | 14.73% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.73% |
| Mar 31, 2026 | 11.49% |
| Dec 31, 2025 | 11.61% |
| Sep 30, 2025 | 10.85% |
| Jun 30, 2025 | 12.03% |
| Mar 31, 2025 | 11.17% |
| Dec 31, 2024 | 10.93% |
| Sep 30, 2024 | 9.82% |
| Jun 30, 2024 | 10.60% |
| Mar 31, 2024 | 8.84% |
| Dec 31, 2023 | 10.70% |
| Sep 30, 2023 | 8.03% |
| Jun 30, 2023 | 8.51% |
| Mar 31, 2023 | 7.44% |
| Dec 31, 2022 | 7.38% |
| Sep 30, 2022 | 5.29% |
| Jun 30, 2022 | 5.36% |
| Mar 31, 2022 | 8.59% |
| Dec 31, 2021 | 6.81% |
| Sep 30, 2021 | 8.31% |
National Healthcare EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=NHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "NHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=NHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();