National Healthcare (NHC) Return on Assets [ROA] (2011 - 2026)
National Healthcare (NHC) reported Return on Assets [ROA] of 9.33% for Q2 2026, up 2.57 percentage points from 6.76% a year earlier and up 1.04 percentage points from the prior quarter.
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Analysis
National Healthcare (NHC) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, National Healthcare posted Return on Assets [ROA] of 8.04%, up 0.84 percentage points from FY2024.
- Return on Assets [ROA] has increased for three consecutive years, with a five-year change of +4.87 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at 7.20% in FY2024 (+2.15 pp), 5.05% in FY2023 (+3.56 pp), 1.49% in FY2022 (-8.57 pp) and 10.06% in FY2021 (+6.89 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Assets [ROA] since Q1 2022.
- Year over year, Return on Assets [ROA] has now increased in each of the last three quarters, with an average year-over-year change of +1.35 percentage points over the last eight quarters.
- The high point for year-over-year Return on Assets [ROA] in five years was Q3 2021 (a gain of 8.36 percentage points); the low point was Q2 2022 (a drop of 9.66 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 8.29% (Q1 2026), 7.91% (Q4 2025) and 6.60% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.44 Bn | 104.53 Bn | - | 12.31% |
| 2 | Natera | 46.38 Bn | 42.00 Bn | 513.47 Mn | -6.09% |
| 3 | Labcorp Holdings | 30.37 Bn | 28.45 Bn | 1.11 Bn | 5.37% |
| 4 | Quest Diagnostics | 28.52 Bn | 26.28 Bn | 1.04 Bn | 6.91% |
| 5 | Tenet Healthcare | 23.21 Bn | 12.51 Bn | - | 12.25% |
| 6 | Guardant Health | 21.35 Bn | 16.97 Bn | 236.15 Mn | -25.54% |
| 7 | Tempus AI | 15.33 Bn | 12.48 Bn | 266.70 Mn | -7.38% |
| 8 | BrightSpring Health Services | 14.30 Bn | 12.05 Bn | 518.55 Mn | 6.70% |
| 9 | Encompass Health | 13.86 Bn | 13.49 Bn | - | 11.48% |
| 10 | National Healthcare | 3.27 Bn | 2.32 Bn | - | 6.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.44% |
| Jun 30, 2026 | 9.33% |
| Mar 31, 2026 | 8.29% |
| Dec 31, 2025 | 7.91% |
| Sep 30, 2025 | 6.60% |
| Jun 30, 2025 | 6.76% |
| Mar 31, 2025 | 7.04% |
| Dec 31, 2024 | 6.61% |
| Sep 30, 2024 | 8.55% |
| Jun 30, 2024 | 6.88% |
| Mar 31, 2024 | 6.10% |
| Dec 31, 2023 | 5.04% |
| Sep 30, 2023 | 3.35% |
| Jun 30, 2023 | 2.33% |
| Mar 31, 2023 | 1.25% |
| Dec 31, 2022 | 1.55% |
| Sep 30, 2022 | 2.30% |
| Jun 30, 2022 | 2.21% |
| Mar 31, 2022 | 9.65% |
| Dec 31, 2021 | 9.87% |
API Access
National Healthcare Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=NHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=NHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();