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| Date | Value |
|---|---|
| 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% |