National Healthcare (NHC) Operating Expenses (2010 - 2026)
National Healthcare (NHC) reported Operating Expenses of $349.6 million for Q1 2026, up 1.94% on a YoY basis from $342.9 million in Q1 2025, and down 1.08% quarter-over-quarter from $353.4 million in Q4 2025.
National Healthcare (NHC) Operating Expenses (2010 - 2026) Analysis & Trends
National Healthcare has reported Operating Expenses for 17 years, with the latest figure 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.
- The five-year high for Operating Expenses was $353.4 million in Q4 2025, with the low at $255.5 million in Q4 2022.
- Historically, Operating Expenses has averaged $299.7 million across 5 years, with a median of $280.5 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses declined 6.85% — and 2025, when it advanced 22.54%.
- National Healthcare's Operating Expenses stood at $255.5 million in 2022, then rose by 9.77% to $280.5 million in 2023, then grew by 21.38% to $340.4 million in 2024, then increased by 3.81% to $353.4 million in 2025, then fell 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 | 83.85 Bn | 86.23 Bn | 16.26 Bn | 16.82 Bn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 27.00 Mn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 2.93 Bn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 1.29 Bn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 1.26 Bn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 3.99 Bn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 820.65 Mn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 572.94 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 1.30 Bn |
| 10 | National Healthcare | 3.15 Bn | 2.89 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 |