National Healthcare (NHC) Return on Invested Capital [ROIC] (2011 - 2026)
National Healthcare (NHC) recorded Return on Invested Capital [ROIC] of 10.02% in Q2 2026, up 2.34 percentage points from 7.69% a year earlier and up 0.94 percentage points from the prior quarter.
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Analysis
National Healthcare (NHC) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, National Healthcare reported Return on Invested Capital [ROIC] of 8.67%, up 2.04 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +3.96 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 6.63% in FY2024.
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2011.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for three consecutive quarters.
- Per Business Quant, the preceding three quarters came in at 9.08% (Q1 2026), 8.63% (Q4 2025) and 8.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.44 Bn | 104.53 Bn | - | 21.76% |
| 2 | Natera | 46.38 Bn | 42.00 Bn | 513.47 Mn | -9.90% |
| 3 | Labcorp Holdings | 30.37 Bn | 28.45 Bn | 1.11 Bn | 8.45% |
| 4 | Quest Diagnostics | 28.52 Bn | 26.28 Bn | 1.04 Bn | 9.85% |
| 5 | Tenet Healthcare | 23.21 Bn | 12.51 Bn | - | 21.51% |
| 6 | Guardant Health | 21.35 Bn | 16.97 Bn | 236.15 Mn | - |
| 7 | Tempus AI | 15.33 Bn | 12.48 Bn | 266.70 Mn | -57.17% |
| 8 | BrightSpring Health Services | 14.30 Bn | 12.05 Bn | 518.55 Mn | 10.04% |
| 9 | Encompass Health | 13.86 Bn | 13.49 Bn | - | 15.62% |
| 10 | National Healthcare | 3.27 Bn | 2.32 Bn | - | 8.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.64% |
| Jun 30, 2026 | 10.02% |
| Mar 31, 2026 | 9.08% |
| Dec 31, 2025 | 8.63% |
| Sep 30, 2025 | 8.31% |
| Jun 30, 2025 | 7.69% |
| Mar 31, 2025 | 6.95% |
| Dec 31, 2024 | 6.00% |
| Dec 31, 2020 | 4.75% |
| Sep 30, 2020 | 5.97% |
| Jun 30, 2020 | 5.47% |
| Mar 31, 2020 | 5.80% |
| Dec 31, 2019 | 3.47% |
| Sep 30, 2019 | 3.26% |
| Jun 30, 2019 | 3.97% |
| Mar 31, 2019 | 3.84% |
| Dec 31, 2018 | 4.84% |
| Sep 30, 2018 | 5.68% |
| Jun 30, 2018 | 5.14% |
| Mar 31, 2018 | 5.26% |
API Access
National Healthcare Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=NHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=NHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();