National Healthcare (NHC) Return on Capital Employed (2011 - 2026)
National Healthcare posted quarterly Return on Capital Employed of 10.19% for Q1 2026, up 210.0% year-on-year from 3.29% in Q1 2025, and up 2.84% on a QoQ basis from 9.91% in Q4 2025.
National Healthcare (NHC) has 16 years of Return on Capital Employed data on file, last reported at 10.19% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 210.0% year-over-year to 10.19%; the trailing twelve-month figure through Mar 2026 stood at 10.19% (up 210.0% YoY), and the FY2025 full-year result was 10.09%, up 249.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 10.19%, up from 9.91% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 10.19% in Q1 2026 and bottomed at 0.14% in Q1 2023.
- The 5-year median for Return on Capital Employed is 5.69% (2024), against an average of 5.13%.
- The widest annual swing landed in 2023, when Return on Capital Employed slumped 248 bps; it then surged 555 bps in 2024.
- A 5-year view of Return on Capital Employed shows it stood at 0.53% in 2022, then jumped by 910 bps to 5.31% in 2023, then increased by 29 bps to 6.87% in 2024, then soared by 44 bps to 9.91% in 2025, then grew by 3 bps to 10.19% in 2026.
- The last three Return on Capital Employed figures came in at 10.19% (Q1 2026), 9.91% (Q4 2025), and 9.66% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | -18.08% |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 15.90% |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 14.27% |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | -2.33% |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 9.57% |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 16.52% |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 12.19% |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 26.99% |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 8.38% |
| 10 | National Healthcare | 2.87 Bn | 2.61 Bn | 290.58 Mn | 10.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.19% |
| Dec 31, 2025 | 9.91% |
| Sep 30, 2025 | 9.66% |
| Jun 30, 2025 | 9.06% |
| Mar 31, 2025 | 8.09% |
| Dec 31, 2024 | 6.87% |
| Sep 30, 2024 | 6.77% |
| Jun 30, 2024 | 6.44% |
| Mar 31, 2024 | 5.69% |
| Dec 31, 2023 | 5.31% |
| Sep 30, 2023 | 1.85% |
| Jun 30, 2023 | 1.02% |
| Mar 31, 2023 | 0.14% |
| Dec 31, 2022 | 0.53% |
| Sep 30, 2022 | 1.13% |
| Jun 30, 2022 | 1.88% |
| Mar 31, 2022 | 2.62% |
| Dec 31, 2021 | 2.75% |
| Sep 30, 2021 | 1.48% |
| Jun 30, 2021 | 1.03% |
| Mar 31, 2021 | 0.95% |
| Dec 31, 2020 | 1.03% |
| Sep 30, 2020 | 4.81% |
| Jun 30, 2020 | 4.97% |
| Mar 31, 2020 | 4.66% |
| Dec 31, 2019 | 4.45% |
| Sep 30, 2019 | 4.40% |
| Jun 30, 2019 | 4.73% |
| Mar 31, 2019 | 5.45% |
| Dec 31, 2018 | 6.06% |
| Sep 30, 2018 | 5.96% |
| Jun 30, 2018 | 5.87% |
| Mar 31, 2018 | 5.72% |
| Dec 31, 2017 | 5.70% |
| Sep 30, 2017 | 5.79% |
| Jun 30, 2017 | 5.91% |
| Mar 31, 2017 | 6.18% |
| Dec 31, 2016 | 6.46% |
| Sep 30, 2016 | 6.67% |
| Jun 30, 2016 | 7.07% |
| Mar 31, 2016 | 7.33% |
| Dec 31, 2015 | 7.35% |
| Sep 30, 2015 | 7.48% |
| Jun 30, 2015 | 7.47% |
| Mar 31, 2015 | 7.58% |
| Dec 31, 2014 | 7.77% |
| Sep 30, 2014 | 7.71% |
| Jun 30, 2014 | 8.19% |
| Mar 31, 2014 | 9.58% |
| Dec 31, 2013 | 8.87% |
| Sep 30, 2013 | 10.35% |
| Jun 30, 2013 | 9.81% |
| Mar 31, 2013 | 9.94% |
| Dec 31, 2012 | 9.94% |
| Sep 30, 2012 | 9.48% |
| Jun 30, 2012 | 9.73% |
| Mar 31, 2012 | 9.91% |
| Dec 31, 2011 | 12.13% |
| Sep 30, 2011 | 7.59% |