National Healthcare (NHC) FCF Payout Ratio (2010 - 2026)
National Healthcare's FCF Payout Ratio came in at 0.32 for Q2 2026, up 81.2% from 0.18 a year earlier and up 72.9% from the prior quarter.
National Healthcare (NHC) FCF Payout Ratio (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, National Healthcare reported FCF Payout Ratio of 0.27, down 14.3% year-over-year; for FY2025, it came in at 0.26, down 43.9% from FY2024.
- Going back by year, FCF Payout Ratio was 0.46 in FY2024 (+8.7%), 0.43 in FY2023 and 1.39 in FY2021 (+691.5%).
- The five-year range for quarterly FCF Payout Ratio is 0.18 (Q3 2025) to 4.23 (Q4 2021).
- Year-over-year, FCF Payout Ratio increased in two of the last eight quarters, with growth averaging 19.0%.
- The fastest year-over-year change in FCF Payout Ratio over five years came in Q4 2021 (growth of 704.4%), and the weakest in Q1 2025 (a decline of 88.4%).
- Business Quant data shows NHC's FCF Payout Ratio at 0.19 (Q1 2026), 1.55 (Q4 2025) and 0.18 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.08 Bn | 92.52 Bn | - | - |
| 2 | Natera | 58.93 Bn | 54.61 Bn | 485.19 Mn | - |
| 3 | Quest Diagnostics | 25.75 Bn | 24.18 Bn | 1.03 Bn | 0.21 |
| 4 | Labcorp Holdings | 24.96 Bn | 22.73 Bn | 1.11 Bn | - |
| 5 | Guardant Health | 23.76 Bn | 19.82 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.83 Bn | 11.98 Bn | - | - |
| 7 | Tempus AI | 13.43 Bn | 10.46 Bn | 246.50 Mn | - |
| 8 | BrightSpring Health Services | 11.90 Bn | 10.24 Bn | 492.75 Mn | - |
| 9 | Encompass Health | 11.82 Bn | 12.29 Bn | - | 0.30 |
| 10 | National Healthcare | 3.57 Bn | 2.55 Bn | - | 0.32 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| Mar 31, 2026 | 0.19 |
| Dec 31, 2025 | 1.55 |
| Sep 30, 2025 | 0.18 |
| Jun 30, 2025 | 0.18 |
| Mar 31, 2025 | 0.28 |
| Dec 31, 2024 | 2.03 |
| Sep 30, 2024 | 0.33 |
| Jun 30, 2024 | 0.21 |
| Mar 31, 2024 | 2.45 |
| Dec 31, 2023 | 0.53 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 1.21 |
| Dec 31, 2022 | 1.39 |
| Jun 30, 2022 | 0.47 |
| Dec 31, 2021 | 4.23 |
| Jun 30, 2021 | 0.43 |
| Mar 31, 2021 | 0.97 |
| Dec 31, 2020 | 0.53 |
National Healthcare FCF Payout Ratio 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=fcf-payout-ratio&ticker=NHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=NHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();