Growth Metrics

National Healthcare (NHC) FCF Payout Ratio (2010 - 2026)

National Healthcare posted quarterly FCF Payout Ratio of 0.19 for Q1 2026, down 33.92% year-on-year from 0.28 in Q1 2025, and down 87.87% on a QoQ basis from 1.55 in Q4 2025.

National Healthcare (NHC) has 17 years of FCF Payout Ratio data on file, last reported at 0.19 in Q1 2026.

  • For the quarter ending Q1 2026, FCF Payout Ratio fell 33.92% year-over-year to 0.19; the trailing twelve-month figure through Mar 2026 stood at 0.24 (down 32.34% YoY), and the FY2025 full-year result was 0.26, down 44.41% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 0.19, down from 1.55 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 2.46 in Q1 2024 and bottomed at 0.92 in Q3 2022.
  • The 5-year median for FCF Payout Ratio is 0.33 (2024), against an average of 0.63.
  • The widest annual swing landed in 2022, when FCF Payout Ratio tumbled 124.12%; it then soared 617.91% in 2023.
  • A 5-year view of FCF Payout Ratio shows it stood at 1.43 in 2022, then tumbled by 61.97% to 0.55 in 2023, then jumped by 287.39% to 2.11 in 2024, then decreased by 26.67% to 1.55 in 2025, then slumped by 87.87% to 0.19 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.19 (Q1 2026), 1.55 (Q4 2025), and 0.18 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn 0.21
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 0.13
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 0.39
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 0.38
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 0.04
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 0.04
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 0.60
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 0.11
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 0.00
10 National Healthcare 2.87 Bn 2.61 Bn 290.58 Mn 0.19

Historic Data

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DateValue
Mar 31, 2026 0.19
Dec 31, 2025 1.55
Sep 30, 2025 0.18
Jun 30, 2025 0.19
Mar 31, 2025 0.28
Dec 31, 2024 2.11
Sep 30, 2024 0.33
Jun 30, 2024 0.22
Mar 31, 2024 2.46
Dec 31, 2023 0.55
Sep 30, 2023 0.35
Jun 30, 2023 0.27
Mar 31, 2023 1.21
Dec 31, 2022 1.43
Sep 30, 2022 -0.92
Jun 30, 2022 0.49
Mar 31, 2022 -0.23
Dec 31, 2021 4.23
Sep 30, 2021 -1.36
Jun 30, 2021 0.43
Mar 31, 2021 0.97
Dec 31, 2020 0.53
Sep 30, 2020 0.33
Jun 30, 2020 0.06
Mar 31, 2020 7.09
Dec 31, 2019 1.66
Sep 30, 2019 0.27
Jun 30, 2019 0.41
Mar 31, 2019 1.34
Dec 31, 2018 2.11
Sep 30, 2018 0.37
Jun 30, 2018 0.27
Mar 31, 2018 1.18
Dec 31, 2017 0.47
Sep 30, 2017 0.34
Jun 30, 2017 0.37
Mar 31, 2017 1.38
Dec 31, 2016 0.43
Sep 30, 2016 1.70
Jun 30, 2016 -13.30
Mar 31, 2016 0.56
Dec 31, 2015 -11.35
Sep 30, 2015 0.79
Jun 30, 2015 0.91
Mar 31, 2015 0.41
Dec 31, 2014 0.61
Sep 30, 2014 0.28
Jun 30, 2014 -3.91
Mar 31, 2014 0.37
Dec 31, 2013 -1.58
Sep 30, 2013 0.39
Jun 30, 2013 0.01
Mar 31, 2013 0.23
Dec 31, 2012 1.24
Sep 30, 2012 0.38
Jun 30, 2012 0.01
Mar 31, 2012 7.22
Dec 31, 2011 0.20
Sep 30, 2011 0.34
Jun 30, 2011 0.25
Mar 31, 2011 0.41
Dec 31, 2010 0.91
Sep 30, 2010 0.20