National HealthCare Corporation (NHC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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NHC Revenue Growth
Revenue Breakdown (FY 2025)
NHC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
NHC Revenue Analysis (2014–2025)
As of May 8, 2026, National HealthCare Corporation (NHC) generated trailing twelve-month (TTM) revenue of $1.50 billion, reflecting strong growth of +12.5% year-over-year. The most recent quarter (Q3 2025) recorded $382.7 million in revenue, up 2.1% sequentially.
Looking at the longer-term picture, NHC's 5-year compound annual growth rate (CAGR) stands at +8.4%, indicating steady revenue expansion. The company achieved its highest annual revenue of $1.47 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows NHC's business is primarily driven by Workers' Compensation Insurance (66%), and Professional Liability Insurance (34%). With over half of revenue concentrated in Workers' Compensation Insurance, the company maintains significant focus in this area while developing other growth vectors.
When compared to Healthcare sector peers including EHC (+10.0% YoY), PNTG (+36.8% YoY), and ADUS (+19.6% YoY), NHC has underperformed the peer group in terms of revenue growth. Compare NHC vs EHC →
NHC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NHCCurrent | $1.5B | +12.5% | +8.4% | 8.7% | |
 EHC | $5.9B | +10.0% | +10.7% | 17.7% | |
 PNTG | $948M | +36.8% | +19.4% | 5.4% | |
 ADUS | $1.4B | +19.6% | +13.2% | 9.7% | |
 CCRN | $1.1B | -39.5% | +4.7% | -0.3% | |
 SEM | $5.5B | +29.2% | -0.3% | 6.1% |
NHC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.47B | +13.2% | $548.6M | 37.3% | $128.4M | 8.7% |
| 2024 | $1.30B | +13.7% | $487.0M | 37.5% | $85.8M | 6.6% |
| 2023 | $1.14B | +6.3% | $429.2M | 37.6% | $57.1M | 5.0% |
| 2022 | $1.07B | +6.3% | $388.1M | 36.1% | $31.9M | 3.0% |
| 2021 | $1.01B | +3.1% | $344.9M | 34.1% | $50.9M | 5.0% |
| 2020 | $980.7M | -1.6% | $371.4M | 37.9% | $48.2M | 4.9% |
| 2019 | $996.4M | +1.6% | $403.6M | 40.5% | $49.0M | 4.9% |
| 2018 | $980.3M | +1.7% | $397.6M | 40.6% | $56.1M | 5.7% |
| 2017 | $963.9M | +4.4% | $391.9M | 40.7% | $54.1M | 5.6% |
| 2016 | $923.6M | +1.9% | $375.6M | 40.7% | $60.5M | 6.6% |
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Start ComparisonNHC — Frequently Asked Questions
Quick answers to the most common questions about buying NHC stock.
Is NHC's revenue growth accelerating or slowing?
NHC maintains +12.5% revenue growth, in line with its 5-year CAGR of +8.4%. TTM revenue stands at $1.5B. Growth rate remains consistent with historical average.
What is NHC's long-term revenue growth rate?
National HealthCare Corporation's 5-year revenue CAGR of +8.4% reflects the sustained expansion pattern. Current YoY growth of +12.5% is near this long-term average.
How is NHC's revenue distributed by segment?
NHC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.