FY2025 · ended Dec 31, 2025 · Revenue $1.47B, +17.4% YoY · Filed Feb 26, 2026
National Healthcare Corp (NHC) files with the SEC under industry code 8051, Services-Skilled Nursing Care Facilities. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.5 billion and net income of $120.0 million. Free cash flow was $148.6 million. As of Sep 30, 2026 it held $181.0 million in cash and investments and $518.4 million in total debt.
Revenue (TTM)
$1.52B
+4.5% vs year-ago TTM
Net income (TTM)
$114.66M
+13.2% vs year-ago TTM
Operating cash flow (TTM)
$221.76M
+22.5% vs year-ago TTM
Free cash flow
$148.63M
+86.5% vs prior year
EPS (TTM)
$7.24
+11.8% vs year-ago TTM
Dividend per share
$2.53
+4.5% vs prior year
Shares outstanding
15.54M
+0.6% vs prior year
Net cash
$-337.38M
as of Sep 30, 2026
Operating margin
10.2%
FY 2026
Company profile
- Industry
- Services-Skilled Nursing Care Facilities (SIC 8051)
- Listed as
- NHC (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Murfreesboro, TN
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1047335
Other Services-Skilled Nursing Care Facilities companies
- Ensign Group, Inc ENSG
- PACS Group, Inc. PACS
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | $1.1B | $1.0B | $965.5M |
| Operating income | $128.4M | $89.9M | $57.5M | $31.9M | $50.9M |
| Net income | $120.0M | $101.9M | $66.8M | $22.4M | $138.6M |
| Diluted EPS | $7.67 | $6.53 | $4.34 | $1.45 | $8.99 |
| Operating cash flow | $185.1M | $107.3M | $111.2M | $8.7M | $62.4M |
| Free cash flow | $148.6M | $79.7M | $83.3M | -$21.5M | $23.0M |
| Total assets | $1.5B | $1.5B | $1.3B | $1.3B | $1.4B |
| Total liabilities | $451.9M | $541.3M | $400.3M | $397.9M | $494.9M |
| Stockholders' equity | $1.1B | $980.2M | $908.8M | $874.3M | $903.0M |
| Cash and investments | $216.1M | $195.9M | $234.8M | $201.3M | $279.7M |
| Total debt | $87.1M | $214.8M | $93.4M | $125.9M | $166.7M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 5, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Other events
|
Aug 11, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 11, 2026 | Aug 7, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Material agreement, Agreement ended, Acquisition or sale of assets, New debt, Regulation FD disclosure
|
Jul 1, 2026 | Jun 29, 2026 |
| 8-K |
Current report
Material agreement, Agreement ended, New debt
|
May 27, 2026 | May 27, 2026 |
All 1001 National Healthcare Corp SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.