Friday 6 November 2026 Export NHC’s income statement to Excel — free account

National HealthCare Corporation

National HealthCare Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 16.1% from fiscal 2024.

Revenue: +6.61%
EPS: −65.6%
Free cash flow: +75.5%
Total debt: +216.7%

Quarter to September 2026, against a year earlier

207.47 4.93 −2.32%

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Market cap: $3.3B
P/E: 28.2×
Fwd P/E: 8.4×
Dividend yield: 1.26%
F-score: 7/9
Altman Z: 5.02
Beneish M: −2.57
Dividend safety: 74/100

Overview

	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16
P/E ratio Full definition →	17.69	16.25	21.39	41.15	7.52	24.33	19.38	20.22	16.74	22.52
Piotroski F-Score Full definition →	7	5	8	5	5	4	5	6	7	7
P/S ratio Full definition →	1.40	1.27	1.25	0.85	0.97	0.99	1.32	1.22	0.98	1.24
Altman Z-Score Full definition →	5.02	3.73	4.05	3.19	2.96	2.69	3.21	4.01	3.20	3.35
Altman Z″-Score (non-manufacturers) Full definition →	5.74	4.73	5.35	4.97	4.49	3.92	4.03	5.16	4.53	4.10
P/FCF ratio Full definition →	14.27	20.24	17.13	0.00	45.34	5.60	17.91	17.40	15.15	40.38
Beneish M-Score Full definition →	(2.57)	(2.45)	(2.59)	(2.36)	(2.06)	(3.22)	(2.42)	(2.59)	(2.64)	(2.64)
P/Operating CF Full definition →	126.20	129.47	55.47	77.05	67.17	52.51	52.33	55.89	40.09	43.75
Dividend Safety Score Full definition →	74	—	—	—	—	—	—	—	—	—
P/B ratio Full definition →	1.97	1.68	1.57	1.05	1.15	1.27	1.69	1.63	1.34	1.71
Price to Tangible BV Full definition →	2.40	2.09	1.94	1.31	1.42	1.31	1.74	1.67	1.37	1.75
EV/Sales Full definition →	1.24	1.16	1.09	0.66	0.71	0.68	1.12	1.03	0.77	1.06
EV/EBITDA Full definition →	10.88	11.54	12.53	9.10	8.29	7.67	11.76	9.79	7.30	9.48
EV/Operating CF Full definition →	10.18	14.19	11.22	82.14	12.28	3.46	11.11	10.21	7.85	10.80
EV/FCF Full definition →	12.68	18.61	14.97	(41.55)	33.33	3.87	15.09	14.64	11.94	34.70
Quick Ratio Full definition →	1.77	1.73	1.82	1.70	1.56	1.58	1.67	1.96	2.05	1.84
Current Ratio Full definition →	1.82	1.81	1.89	1.79	1.62	1.62	1.75	2.04	2.12	1.93
Net Debt/EBITDA Full definition →	(1.74)	(1.01)	(2.82)	(2.55)	(2.99)	(3.43)	(2.19)	(1.84)	(1.95)	(1.55)
Debt/Assets Full definition →	0.49%	8.99%	0.00%	2.73%	2.70%	2.98%	1.94%	2.14%	2.47%	2.74%
Debt/Equity Full definition →	0.01	0.14	0.00	0.04	0.04	0.05	0.03	0.03	0.04	0.04
Asset Turnover Full definition →	1.00	0.92	0.88	0.81	0.78	0.78	0.84	0.90	0.88	0.87
Operating CF/Net income Full definition →	1.54	1.05	1.67	0.39	0.45	4.85	1.47	1.67	1.68	1.80
Capex/Depreciation Full definition →	(0.81)	(0.61)	(0.66)	(0.56)	(0.97)	(0.52)	(0.62)	(0.71)	(0.76)	(1.60)
Interest Coverage Full definition →	20.15	21.74	177.34	57.65	61.27	35.42	16.64	12.94	12.07	16.36
ROE Full definition →	11.67%	10.77%	7.47%	2.51%	16.24%	5.31%	9.01%	8.20%	8.19%	7.77%
ROA Full definition →	7.87%	7.19%	5.17%	1.68%	10.02%	3.16%	5.76%	5.42%	5.15%	4.74%
ROIC Full definition →	10.38%	6.61%	5.70%	3.00%	5.12%	6.39%	5.70%	6.96%	7.30%	7.92%
Return on Tangible Assets Full definition →	13.61%	11.66%	9.75%	3.39%	20.25%	6.02%	10.01%	8.44%	7.77%	7.22%
Average Days of Receivables Full definition →	33.43	37.78	34.71	33.61	32.66	31.83	34.06	36.22	34.93	34.46
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	85.54%	86.61%	87.65%	89.85%	86.83%	87.16%	86.44%	85.35%	85.27%	84.32%
Intangible Assets out of Total Assets Full definition →	0.12	0.12	0.13	0.14	0.12	0.02	0.02	0.02	0.02	0.02
Share Based Compensation of Revenue Full definition →	0.29%	0.32%	0.24%	0.24%	0.24%	0.24%	0.19%	0.18%	0.17%	0.06%
Graham Net Nets Full definition →	0.00	(0.07)	0.00	(0.05)	(0.07)	(0.11)	(0.13)	(0.02)	(0.07)	(0.11)
Graham Number Full definition →	110.05	97.53	76.38	43.10	109.67	56.60	71.55	64.90	62.09	57.75
Earnings Yield Full definition →	5.65%	6.15%	4.68%	2.43%	13.29%	4.11%	5.16%	4.95%	5.97%	4.44%
Free Cash Flow Yield Full definition →	7.01%	4.94%	5.84%	(1.88%)	2.21%	17.84%	5.58%	5.75%	6.60%	2.48%
Revenue per Share Full definition →	98.10	84.93	74.56	70.46	70.00	67.18	65.25	64.39	63.46	61.02
Operating CF per Share Full definition →	11.96	6.97	7.26	0.57	4.07	13.28	6.56	6.47	6.22	6.00
Capex per Share Full definition →	(2.36)	(1.66)	(1.82)	(1.69)	(2.57)	(1.43)	(1.73)	(1.96)	(2.13)	(4.14)
Free Cash Flow per Share Full definition →	9.61	5.31	5.44	(1.12)	1.50	11.85	4.83	4.51	4.09	1.87
Cash per Share Full definition →	19.98	17.57	18.35	15.34	20.47	23.15	15.21	13.93	14.85	12.57
Shareholders Equity per Share Full definition →	69.45	63.87	59.47	56.94	59.19	52.15	51.02	48.24	46.31	44.24
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	69.45	63.87	59.47	56.94	59.19	52.15	51.02	48.24	46.31	44.24
Free Cash Flow Full definition →	148.63	81.80	83.32	(17.28)	23.00	181.39	73.70	68.66	62.12	28.28
Working Capital Full definition →	208.19	189.61	191.76	156.05	163.44	175.53	146.29	164.09	174.25	139.93
Capital Expenditures Full definition →	(36.45)	(25.50)	(27.90)	(26.02)	(39.40)	(21.87)	(26.40)	(29.77)	(32.35)	(62.60)
Net Current Asset Value Full definition →	9.92	(116.86)	5.92	(44.00)	(68.30)	(107.12)	(166.53)	(24.48)	(63.78)	(126.98)
EV/EBIT Full definition →	14.69	16.93	21.71	22.12	14.80	14.18	21.32	16.54	12.57	15.22
Capex to Sales Full definition →	0.02	0.02	0.02	0.02	0.04	0.02	0.03	0.03	0.03	0.07
Price to Operating Income Full definition →	16.53	18.42	24.84	28.33	20.14	20.51	25.30	19.65	15.95	17.71
Other line items
Depreciation/Fixed assets Full definition →	0.07	0.06	0.09	0.09	0.08	0.08	0.08	0.08	0.08	0.07
Cash ROIC Full definition →	10.68%	5.88%	6.99%	(1.50%)	1.82%	15.20%	7.11%	7.08%	6.50%	3.18%
Accounts Receivable Turnover Full definition →	11.07	10.72	10.95	11.07	11.56	11.26	10.47	10.35	10.74	10.59
Accounts Payable Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Days of Payables Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Receivables Full definition →	137.16	121.94	104.27	98.06	92.90	91.32	95.12	94.75	89.71	87.25
Average Payables Full definition →	24.13	22.34	18.08	19.72	21.80	20.01	19.33	17.87	17.29	19.36
Average Inventory Full definition →	8.42	8.21	7.24	7.84	8.68	8.11	7.46	7.31	7.33	7.54
Average Assets Full definition →	1,525.42	1,417.61	1,293.12	1,339.42	1,382.76	1,324.39	1,183.80	1,088.74	1,091.99	1,066.39
Average Common Equity Full definition →	1,028.84	946.82	894.00	892.99	853.36	788.66	756.76	718.94	686.52	650.30

Show all line items

Columns are period end dates · fundamentals updated 5 Nov 2026

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