National Healthcare (NHC) Operating Expenses (2010 - 2026)

Over the trailing twelve months to Jun 30, 2026, National Healthcare reported Operating Expenses of $1.41 billion, up 5.4% year-over-year; for FY2025, it came in at $1.39 billion, up 14.1% from FY2024.

• Operating Expenses has increased in each of the last 13 years, with a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
• Going back by year, Operating Expenses was $1.22 billion in FY2024 (+12.3%), $1.08 billion in FY2023 (+2.9%), $1.05 billion in FY2022 (+3.0%) and $1.02 billion in FY2021 (+4.4%).
• The Q2 2026 figure represents the highest quarterly Operating Expenses in data going back to Q2 2010.
• Year-over-year, Operating Expenses has increased for 13 consecutive quarters, with growth averaging 12.9% over the last eight quarters.
• The fastest year-over-year change in Operating Expenses over five years came in Q2 2025 (growth of 22.5%), and the weakest in Q4 2022 (a decline of 6.8%).
• Business Quant data shows NHC's Operating Expenses at $349.57 million (Q1 2026), $353.4 million (Q4 2025) and $352.28 million (Q3 2025) in the three quarters before Q2 2026.