National Healthcare (NHC) Operating Expenses (2010 - 2026)
National Healthcare posted quarterly Operating Expenses of $349.6 million for Q1 2026, up 1.94% year-on-year from $342.9 million in Q1 2025, and down 1.08% on a QoQ basis from $353.4 million in Q4 2025.
National Healthcare (NHC) has 17 years of Operating Expenses data on file, last reported at $349.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 1.94% year-over-year to $349.6 million; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (up 9.16% YoY), and the FY2025 full-year result was $1.4 billion, up 14.12% from the prior year.
- Operating Expenses for Q1 2026 stood at $349.6 million, down from $353.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $353.4 million in Q4 2025 and bottomed at $255.5 million in Q4 2022.
- The 5-year median for Operating Expenses is $280.5 million (2023), against an average of $299.7 million.
- The widest annual swing landed in 2022, when Operating Expenses declined 6.85%; it then advanced 22.54% in 2025.
- A 5-year view of Operating Expenses shows it stood at $255.5 million in 2022, then gained by 9.77% to $280.5 million in 2023, then increased by 21.38% to $340.4 million in 2024, then rose by 3.81% to $353.4 million in 2025, then retreated by 1.08% to $349.6 million in 2026.
- The last three Operating Expenses figures came in at $349.6 million (Q1 2026), $353.4 million (Q4 2025), and $352.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | 16.82 Bn |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 27.00 Mn |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 2.93 Bn |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 1.29 Bn |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 1.26 Bn |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 3.99 Bn |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 820.65 Mn |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 572.94 Mn |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 1.30 Bn |
| 10 | National Healthcare | 2.87 Bn | 2.61 Bn | 290.58 Mn | 349.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 349.57 Mn |
| Dec 31, 2025 | 353.40 Mn |
| Sep 30, 2025 | 352.28 Mn |
| Jun 30, 2025 | 340.82 Mn |
| Mar 31, 2025 | 342.93 Mn |
| Dec 31, 2024 | 340.44 Mn |
| Sep 30, 2024 | 317.41 Mn |
| Jun 30, 2024 | 278.14 Mn |
| Mar 31, 2024 | 281.50 Mn |
| Dec 31, 2023 | 280.47 Mn |
| Sep 30, 2023 | 275.46 Mn |
| Jun 30, 2023 | 268.61 Mn |
| Mar 31, 2023 | 259.55 Mn |
| Dec 31, 2022 | 255.50 Mn |
| Sep 30, 2022 | 266.77 Mn |
| Jun 30, 2022 | 266.81 Mn |
| Mar 31, 2022 | 264.77 Mn |
| Dec 31, 2021 | 274.29 Mn |
| Sep 30, 2021 | 263.98 Mn |
| Jun 30, 2021 | 249.36 Mn |
| Mar 31, 2021 | 235.75 Mn |
| Dec 31, 2020 | 247.05 Mn |
| Sep 30, 2020 | 243.60 Mn |
| Jun 30, 2020 | 249.09 Mn |
| Mar 31, 2020 | 240.32 Mn |
| Dec 31, 2019 | 237.38 Mn |
| Sep 30, 2019 | 240.50 Mn |
| Jun 30, 2019 | 236.96 Mn |
| Mar 31, 2019 | 232.50 Mn |
| Dec 31, 2018 | 231.73 Mn |
| Sep 30, 2018 | 235.49 Mn |
| Jun 30, 2018 | 229.98 Mn |
| Mar 31, 2018 | 227.08 Mn |
| Dec 31, 2017 | 229.14 Mn |
| Sep 30, 2017 | 231.41 Mn |
| Jun 30, 2017 | 226.56 Mn |
| Mar 31, 2017 | 222.67 Mn |
| Dec 31, 2016 | 217.26 Mn |
| Sep 30, 2016 | 220.69 Mn |
| Jun 30, 2016 | 213.13 Mn |
| Mar 31, 2016 | 211.96 Mn |
| Dec 31, 2015 | 213.70 Mn |
| Sep 30, 2015 | 211.63 Mn |
| Jun 30, 2015 | 209.20 Mn |
| Mar 31, 2015 | 204.97 Mn |
| Dec 31, 2014 | 206.17 Mn |
| Sep 30, 2014 | 203.49 Mn |
| Jun 30, 2014 | 200.47 Mn |
| Mar 31, 2014 | 193.54 Mn |
| Dec 31, 2013 | 186.98 Mn |
| Sep 30, 2013 | 176.51 Mn |
| Jun 30, 2013 | 175.01 Mn |
| Mar 31, 2013 | 178.38 Mn |
| Dec 31, 2012 | 173.45 Mn |
| Sep 30, 2012 | 172.70 Mn |
| Jun 30, 2012 | 171.28 Mn |
| Mar 31, 2012 | 175.34 Mn |
| Dec 31, 2011 | 174.46 Mn |
| Sep 30, 2011 | 179.12 Mn |
| Jun 30, 2011 | 173.74 Mn |
| Mar 31, 2011 | 167.07 Mn |
| Dec 31, 2010 | 175.36 Mn |
| Sep 30, 2010 | 164.28 Mn |
| Jun 30, 2010 | 162.30 Mn |