National Healthcare (NHC) Payout Ratio (2011 - 2026)
National Healthcare's Payout Ratio was 0.28 in Q2 2026, down 21.1% from 0.36 a year earlier and down 10.6% from the prior quarter.
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Analysis
National Healthcare (NHC) Payout Ratio (2011 - 2026) Analysis & Trends
For FY2025, Payout Ratio at National Healthcare came in at 0.32, down 11.1% from FY2024.
- Payout Ratio has now declined for three consecutive years.
- In earlier years, Payout Ratio was 0.36 in FY2024 (-31.9%), 0.53 in FY2023 (-65.5%), 1.54 in FY2022 (+567.1%) and 0.23 in FY2021 (-69.7%).
- The Q2 2026 figure marks the lowest quarterly Payout Ratio since Q1 2022.
- Compared with a year earlier, Payout Ratio has declined for three straight quarters, with an average decline of 17.2% over the last eight quarters.
- The best year-over-year quarter for Payout Ratio over five years was Q1 2023 (growth of 653.9%); the worst was Q3 2021 (a decline of 81.3%).
- Per Business Quant data, NHC's Payout Ratio in the three quarters before Q2 2026 was 0.32 (Q1 2026), 0.32 (Q4 2025) and 0.38 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn |
| 10 | National Healthcare | 3.46 Bn | 2.44 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.32 |
| Sep 30, 2025 | 0.38 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.35 |
| Dec 31, 2024 | 0.36 |
| Sep 30, 2024 | 0.29 |
| Jun 30, 2024 | 0.39 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.53 |
| Sep 30, 2023 | 0.79 |
| Jun 30, 2023 | 1.10 |
| Mar 31, 2023 | 1.85 |
| Dec 31, 2022 | 1.54 |
| Sep 30, 2022 | 1.06 |
| Jun 30, 2022 | 1.07 |
| Mar 31, 2022 | 0.25 |
| Dec 31, 2021 | 0.23 |
| Sep 30, 2021 | 0.21 |
API Access
National Healthcare Payout Ratio 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=payout-ratio&ticker=NHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=NHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();