National Healthcare (NHC) Net Margin (2010 - 2026)
National Healthcare posted quarterly Net Margin of 9.46% for Q1 2026, up 53.0% year-on-year from 6.18% in Q1 2025, and up 58.32% on a QoQ basis from 5.97% in Q4 2025.
National Healthcare (NHC) has 17 years of Net Margin data on file, last reported 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.
- Across five years, Net Margin topped out at 12.99% in Q3 2024 and bottomed at 1.15% in Q3 2022.
- The 5-year median for Net Margin is 5.97% (2025), against an average of 6.4%.
- The widest annual swing landed in 2022, when Net Margin plunged 3919 bps; it then jumped 948 bps in 2024.
- A 5-year view of Net Margin shows it stood at 2.68% in 2022, then soared by 210 bps to 8.3% in 2023, then sank by 30 bps to 5.8% in 2024, then climbed by 3 bps to 5.97% in 2025, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | 9.72% |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 13.08% |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 8.05% |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 1.00% |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 6.93% |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 7.76% |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 0.00% |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 10.08% |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 5.68% |
| 10 | National Healthcare | 2.87 Bn | 2.61 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% |
| Mar 31, 2021 | 8.49% |
| Dec 31, 2020 | 6.33% |
| Sep 30, 2020 | 5.13% |
| Jun 30, 2020 | 12.64% |
| Mar 31, 2020 | -10.99% |
| Dec 31, 2019 | 5.42% |
| Sep 30, 2019 | 7.88% |
| Jun 30, 2019 | 5.83% |
| Mar 31, 2019 | 9.01% |
| Dec 31, 2018 | 7.29% |
| Sep 30, 2018 | 8.58% |
| Jun 30, 2018 | 9.28% |
| Mar 31, 2018 | -1.15% |
| Dec 31, 2017 | 8.72% |
| Sep 30, 2017 | 4.71% |
| Jun 30, 2017 | 4.46% |
| Mar 31, 2017 | 5.34% |
| Dec 31, 2016 | 5.82% |
| Sep 30, 2016 | 4.80% |
| Jun 30, 2016 | 5.21% |
| Mar 31, 2016 | 5.97% |
| Dec 31, 2015 | 6.26% |
| Sep 30, 2015 | 4.62% |
| Jun 30, 2015 | 4.53% |
| Mar 31, 2015 | 4.98% |
| Dec 31, 2014 | 5.58% |
| Sep 30, 2014 | 4.89% |
| Jun 30, 2014 | 4.78% |
| Mar 31, 2014 | 5.25% |
| Dec 31, 2013 | 6.97% |
| Sep 30, 2013 | 9.05% |
| Jun 30, 2013 | 6.34% |
| Mar 31, 2013 | 5.99% |
| Dec 31, 2012 | 7.08% |
| Sep 30, 2012 | 7.94% |
| Jun 30, 2012 | 6.07% |
| Mar 31, 2012 | 5.52% |
| Dec 31, 2011 | 6.41% |
| Sep 30, 2011 | 7.63% |
| Jun 30, 2011 | 6.00% |
| Mar 31, 2011 | 8.58% |
| Dec 31, 2010 | 9.78% |
| Sep 30, 2010 | 7.23% |
| Jun 30, 2010 | 5.47% |