National Healthcare (NHC) Return on Capital Employed [ROCE] (2011 - 2026)
National Healthcare (NHC) posted Return on Capital Employed [ROCE] of 11.18% for Q2 2026, up 2.12 percentage points from 9.06% a year earlier and up 0.99 percentage points from the prior quarter.
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Analysis
National Healthcare (NHC) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2025, National Healthcare's Return on Capital Employed [ROCE] came in at 10.09%, up 2.49 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for three consecutive years, with a five-year change of +5.48 percentage points (FY2020 to FY2025).
- In prior years, National Healthcare's Return on Capital Employed [ROCE] was 7.60% in FY2024 (+2.27 pp), 5.33% in FY2023 (+2.53 pp), 2.79% in FY2022 (-1.75 pp) and 4.55% in FY2021 (-0.07 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] since Q4 2011.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last 12 quarters, with an average year-over-year change of +2.40 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q1 2024, with a gain of 3.15 percentage points; the weakest was Q3 2022, with a drop of 1.75 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 10.19% (Q1 2026), 9.91% (Q4 2025) and 9.66% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.44 Bn | 104.53 Bn | - | 27.97% |
| 2 | Natera | 46.38 Bn | 42.00 Bn | 513.47 Mn | -12.46% |
| 3 | Labcorp Holdings | 30.37 Bn | 28.45 Bn | 1.11 Bn | 9.44% |
| 4 | Quest Diagnostics | 28.52 Bn | 26.28 Bn | 1.04 Bn | 11.30% |
| 5 | Tenet Healthcare | 23.21 Bn | 12.51 Bn | - | 20.92% |
| 6 | Guardant Health | 21.35 Bn | 16.97 Bn | 236.15 Mn | -33.03% |
| 7 | Tempus AI | 15.33 Bn | 12.48 Bn | 266.70 Mn | -14.14% |
| 8 | BrightSpring Health Services | 14.30 Bn | 12.05 Bn | 518.55 Mn | 11.79% |
| 9 | Encompass Health | 13.86 Bn | 13.49 Bn | - | 18.11% |
| 10 | National Healthcare | 3.27 Bn | 2.32 Bn | - | 10.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.20% |
| Jun 30, 2026 | 11.18% |
| 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 | 4.28% |
| Jun 30, 2023 | 3.45% |
| Mar 31, 2023 | 2.55% |
| Dec 31, 2022 | 2.93% |
| Sep 30, 2022 | 2.87% |
| Jun 30, 2022 | 3.60% |
| Mar 31, 2022 | 4.29% |
| Dec 31, 2021 | 4.44% |
API Access
National Healthcare Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=NHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=NHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();