National Healthcare (NHC) Net Margin (2010 - 2026)
National Healthcare (NHC) reported Net Margin of 9.46% for Q1 2026, up 53.0% on a YoY basis from 6.18% in Q1 2025, and up 58.32% quarter-over-quarter from 5.97% in Q4 2025.
National Healthcare (NHC) Net Margin (2010 - 2026) Analysis & Trends
National Healthcare has reported Net Margin for 17 years, with the latest figure at 9.46% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 53.0% year-over-year to 9.46%; the trailing twelve-month figure through Mar 2026 stood at 8.16% (down 82.0% YoY), and the FY2025 full-year result was 8.08%, down 110.0% from the prior year.
- Net Margin for Q1 2026 stood at 9.46%, up from 5.97% in the prior quarter.
- The five-year high for Net Margin was 12.99% in Q3 2024, with the low at 1.15% in Q3 2022.
- Historically, Net Margin has averaged 6.4% across 5 years, with a median of 5.97% in 2025.
- Annual changes were most pronounced in 2022 — Net Margin slumped 3919 bps — and 2024, when it jumped 948 bps.
- National Healthcare's Net Margin stood at 2.68% in 2022, then surged by 210 bps to 8.3% in 2023, then slumped by 30 bps to 5.8% in 2024, then advanced by 3 bps to 5.97% in 2025, then soared by 58 bps to 9.46% in 2026.
- The last three Net Margin figures came in at 9.46% (Q1 2026), 5.97% (Q4 2025), and 11.05% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 9.72% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 13.08% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 8.05% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 1.00% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 6.93% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 7.76% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 300.60% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 10.08% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 5.68% |
| 10 | National Healthcare | 3.15 Bn | 2.89 Bn | 290.58 Mn | 9.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.46% |
| Dec 31, 2025 | 5.97% |
| Sep 30, 2025 | 11.05% |
| Jun 30, 2025 | 6.43% |
| Mar 31, 2025 | 8.93% |
| Dec 31, 2024 | 5.80% |
| Sep 30, 2024 | 12.99% |
| Jun 30, 2024 | 9.02% |
| Mar 31, 2024 | 9.18% |
| Dec 31, 2023 | 8.30% |
| Sep 30, 2023 | 3.51% |
| Jun 30, 2023 | 5.90% |
| Mar 31, 2023 | 4.37% |
| Dec 31, 2022 | 2.68% |
| Sep 30, 2022 | -1.15% |
| Jun 30, 2022 | 0.83% |
| Mar 31, 2022 | 5.50% |
| Dec 31, 2021 | 5.64% |
| Sep 30, 2021 | -1.28% |
| Jun 30, 2021 | 40.03% |