National Healthcare (NHC) Gross Margin (2010 - 2026)

National Healthcare (NHC) posted Gross Margin of 76.1% for Q1 2026, down 1.41% quarter-over-quarter from 77.2% in Q4 2025, and up 167.0% year-on-year from 28.5% in Q1 2025.

National Healthcare (NHC) Gross Margin (2010 - 2026) Analysis & Trends

National Healthcare (NHC) has reported Gross Margin for 17 consecutive years, with 76.1% the latest figure, recorded in Q1 2026.

  • Gross Margin for Q1 2026 came in at 76.1%, up 167.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 75.74% (down 30.0% YoY), and the FY2025 annual result was 75.15%, down 27.0% from the prior year.
  • Gross Margin was 76.1% for Q1 2026 at National Healthcare, down from 77.2% in the prior quarter.
  • Over five years, Gross Margin peaked at 79.83% in Q4 2024 and troughed at 65.8% in Q4 2022.
  • Average Gross Margin over 5 years is 74.27%, with a median of 74.01% recorded in 2024.
  • Year-over-year, Gross Margin plunged 1213 bps in 2022 and jumped 1313 bps in 2023.
  • Over 5 years, Gross Margin stood at 65.8% in 2022, then advanced by 20 bps to 78.94% in 2023, then increased by 1 bps to 79.83% in 2024, then decreased by 3 bps to 77.2% in 2025, then declined by 1 bps to 76.1% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 76.1% in Q1 2026, 77.2% in Q4 2025, and 73.96% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 85.07%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 32.82%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 82.10%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 31.42%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 84.75%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 21.12%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 71.44%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 24.35%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 74.36%
10 National Healthcare 3.32 Bn 3.07 Bn 290.58 Mn 76.10%

Historic Data

Download Data
DateValue
Mar 31, 2026 76.10%
Dec 31, 2025 77.20%
Sep 30, 2025 73.96%
Jun 30, 2025 75.48%
Mar 31, 2025 74.43%
Dec 31, 2024 79.83%
Sep 30, 2024 74.90%
Jun 30, 2024 74.01%
Mar 31, 2024 72.91%
Dec 31, 2023 78.94%
Sep 30, 2023 74.87%
Jun 30, 2023 72.84%
Mar 31, 2023 72.29%
Dec 31, 2022 65.80%
Sep 30, 2022 73.09%
Jun 30, 2022 72.58%
Mar 31, 2022 73.44%
Dec 31, 2021 77.93%
Sep 30, 2021 73.58%
Jun 30, 2021 75.31%