National Healthcare (NHC) Gross Margin (2010 - 2026)
National Healthcare's (NHC) quarterly Gross Margin came in at 76.85% in Q2 2026, up 137.0% on a YoY basis from 32.42% in Q2 2025, and up 0.97% quarter-over-quarter from 76.1% in Q1 2026.
Analysis
National Healthcare (NHC) Gross Margin (2010 - 2026) Analysis & Trends
National Healthcare (NHC) has reported Gross Margin for 17 consecutive years, with 76.85% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 137.0% year-over-year to 76.85%; the trailing twelve-month figure through Jun 2026 stood at 75.72% (down 26.0% YoY), and the FY2025 full-year result was 75.15%, down 27.0% from the prior year.
- Gross Margin improved to 76.85% in Q2 2026 per NHC's latest filing, from 76.1% in the prior quarter.
- Across five years, Gross Margin topped out at 77.45% in Q4 2024 and bottomed at 73.09% in Q3 2022.
- Historically, Gross Margin has averaged 74.83% across 5 years, with a median of 74.81% in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 481 bps in 2022, then soared 329 bps in 2023.
- Over 5 years, Gross Margin stood at 73.13% in 2022, then gained by 4 bps to 76.42% in 2023, then advanced by 1 bps to 77.45% in 2024, then decreased by 3 bps to 75.11% in 2025, then rose by 2 bps to 76.85% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 76.85%, 76.1%, and 75.11% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BrightSpring Health Services | 11.99 Bn | 11.44 Bn | 492.75 Mn | 12.72% |
| 2 | Ensign | 9.95 Bn | 9.64 Bn | 306.24 Mn | 21.26% |
| 3 | Chemed | 6.79 Bn | 6.75 Bn | 221.47 Mn | 32.90% |
| 4 | Pacs | 6.72 Bn | 6.56 Bn | 338.46 Mn | 23.70% |
| 5 | Option Care Health | 3.63 Bn | 3.43 Bn | 267.25 Mn | 18.53% |
| 6 | National Healthcare | 3.42 Bn | 3.22 Bn | 313.55 Mn | 76.85% |
| 7 | Aveanna Healthcare Holdings | 2.96 Bn | 2.87 Bn | 218.53 Mn | 32.59% |
| 8 | Brookdale Senior Living | 2.81 Bn | 2.41 Bn | 709.22 Mn | 98.70% |
| 9 | Addus HomeCare | 2.22 Bn | 2.12 Bn | 121.56 Mn | 32.21% |
| 10 | Sonida Senior Living | 1.79 Bn | 1.74 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.85% |
| Mar 31, 2026 | 76.10% |
| Dec 31, 2025 | 75.11% |
| Sep 30, 2025 | 74.75% |
| Jun 30, 2025 | 75.48% |
| Mar 31, 2025 | 75.26% |
| Dec 31, 2024 | 77.45% |
| Sep 30, 2024 | 75.75% |
| Jun 30, 2024 | 74.01% |
| Mar 31, 2024 | 73.95% |
| Dec 31, 2023 | 76.42% |
| Sep 30, 2023 | 74.87% |
| Jun 30, 2023 | 74.08% |
| Mar 31, 2023 | 73.48% |
| Dec 31, 2022 | 73.13% |
| Sep 30, 2022 | 73.09% |
| Jun 30, 2022 | 73.72% |
| Mar 31, 2022 | 73.44% |
| Dec 31, 2021 | 77.93% |
| Sep 30, 2021 | 73.58% |