National Healthcare (NHC) Operating Leases (2019 - 2026)
National Healthcare (NHC) recorded Operating Leases of $13.12 million in Q2 2026, down 56.1% from $29.88 million a year earlier and down 1.3% from the prior quarter.
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Analysis
National Healthcare (NHC) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, National Healthcare reported Operating Leases of $13.46 million, down 70.7% from FY2024.
- Annual Operating Leases has declined for six straight years, with a five-year compound annual growth rate of -38.5% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $45.93 million in FY2024 (-27.3%), $63.18 million in FY2023 (-30.6%), $91.02 million in FY2022 (-29.2%) and $128.54 million in FY2021 (-16.3%).
- The Q2 2026 figure is the lowest quarterly Operating Leases in data going back to Q1 2019.
- On a year-over-year basis, Operating Leases has declined for 26 consecutive quarters, with an average decline of 46.8% over the last eight quarters.
- Across the past five years, year-over-year decline in Operating Leases ran from 15.4% in Q3 2021 to 70.7% in Q4 2025.
- Per Business Quant, the preceding three quarters came in at $13.3 million (Q1 2026), $13.46 million (Q4 2025) and $21.75 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn |
| 10 | National Healthcare | 3.55 Bn | 2.53 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.12 Mn |
| Mar 31, 2026 | 13.30 Mn |
| Dec 31, 2025 | 13.46 Mn |
| Sep 30, 2025 | 21.75 Mn |
| Jun 30, 2025 | 29.88 Mn |
| Mar 31, 2025 | 36.81 Mn |
| Dec 31, 2024 | 45.93 Mn |
| Sep 30, 2024 | 53.08 Mn |
| Jun 30, 2024 | 49.03 Mn |
| Mar 31, 2024 | 56.00 Mn |
| Dec 31, 2023 | 63.18 Mn |
| Sep 30, 2023 | 70.20 Mn |
| Jun 30, 2023 | 76.88 Mn |
| Mar 31, 2023 | 83.99 Mn |
| Dec 31, 2022 | 91.02 Mn |
| Sep 30, 2022 | 97.89 Mn |
| Jun 30, 2022 | 115.48 Mn |
| Mar 31, 2022 | 122.19 Mn |
| Dec 31, 2021 | 128.54 Mn |
| Sep 30, 2021 | 135.26 Mn |
API Access
National Healthcare Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=NHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "NHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=NHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();