National Healthcare (NHC) Operating Expenses (2010 - 2026)
National Healthcare's (NHC) quarterly Operating Expenses came in at $349.6 million in Q1 2026, up 1.94% YoY 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) Operating Expenses (2010 - 2026) Analysis & Trends
National Healthcare (NHC) has 17 years of Operating Expenses data on file, last reported at $349.6 million in Q1 2026.
- Quarterly Operating Expenses rose 1.94% year-over-year to $349.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 9.16% YoY) and the FY2025 annual result came in at $1.4 billion, up 14.12% from the prior year.
- Operating Expenses eased to $349.6 million in Q1 2026, from $353.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $353.4 million in Q4 2025 to a low of $255.5 million in Q4 2022.
- A 5-year average of $299.7 million and a median of $280.5 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses declined 6.85% — and 2025, when it advanced 22.54%.
- Tracing NHC's Operating Expenses over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 17.74 Bn |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 3.00 Mn |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 1.31 Bn |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 2.98 Bn |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 1.32 Bn |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 4.12 Bn |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 1.32 Bn |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 584.05 Mn |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 490.51 Mn |
| 10 | National Healthcare | 3.49 Bn | 3.49 Bn | 313.55 Mn | 359.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 359.09 Mn |
| 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 |