← Back to Screener
ScreenerNewsCompareWatchlist
VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesNewsCompareWatchlist
AnalyzeValuationTotal ReturnDCA CalculatorInsider Activity

NHPAP logoNational Healthcare Properties, Inc.(NHPAP)Earnings, Financials & Key Ratios

NHPAP•NASDAQ•REIT / Real Estate
$21.27
$602M mkt cap·Price updated May 6, 2026
SectorReal EstateIndustryIndustrial REITsSub-IndustryNon-Industrial Diversified REITs
AboutNational Healthcare Properties, Inc. operates as a real estate investment trust. It operates through the Medical Office Buildings and Senior Housing Operating Properties segments. The company was founded on October 15, 2012 and is headquartered in New York, NY.Show more
  • Revenue$354M+2.3%
  • FFO-$106M-1098.9%
  • FFO/Share-3.73-1098.9%
  • FFO Payout0%-100.0%
  • FFO per Share-3.73-1098.9%
  • NOI Margin37.49%+1.2%
  • FFO Margin-29.86%-1076.6%
  • ROE-23.85%-213.4%
  • ROA-9.27%-177.4%
  • Debt/Assets59.07%+7.6%
  • Book Value/Share24.40-23.4%
Technical→

NHPAP Key Insights

National Healthcare Properties, Inc. (NHPAP) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓FFO growing 106.8% TTM
  • ✓Healthy dividend yield of 2.3%
  • ✓Trading near 52-week high
  • ✓Trading at only 0.9x book value

✗Weaknesses

  • ✗Low NOI margin of 37.5%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

NHPAP Price & Volume

National Healthcare Properties, Inc. (NHPAP) stock price & volume — 10-year historical chart

Loading chart...

NHPAP Growth Metrics

National Healthcare Properties, Inc. (NHPAP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years19.73%
5 Years-1.15%
3 Years2.41%
TTM-0.32%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM53.71%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-

Return on Capital

10 Years-0.92%
5 Years-2.7%
3 Years-3.31%
Last Year-7.7%

NHPAP Recent Earnings

National Healthcare Properties, Inc. (NHPAP) EPS & revenue vs analyst estimates — last 3 quarters

Full history →
●Beat Revenue 0/3 qtrs (0%)
Q4 2025Latest
Dec 31, 2025
EPS
$0.80
Revenue
$84M
Est $98M
-13.5%
Q4 2025
Nov 5, 2025
EPS
$0.44
Revenue
$86M
Q3 2025
Aug 5, 2025
EPS
$0.74
Revenue
$85M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q4 2025LatestDec 31, 2025
$0.80
$84Mvs $98M-13.5%
Q4 2025Nov 5, 2025
$0.44
$86M
Q3 2025Aug 5, 2025
$0.74
$85M
Based on last 3 quarters of dataView full earnings history →

NHPAP Peer Comparison

National Healthcare Properties, Inc. (NHPAP) competitors in Non-Industrial Diversified REITs — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
NHI logoNHINational Health Investors, Inc.Direct Competitor3.58B73.8824.4612.93%36.76%9.78%0.76
OHI logoOHIOmega Healthcare Investors, Inc.Direct Competitor13.72B46.0723.7513.95%51.02%11.85%0.78
SBRA logoSBRASabra Health Care REIT, Inc.Direct Competitor5.17B20.5032.0310.15%19.21%5.6%0.90
LTC logoLTCLTC Properties, Inc.Direct Competitor1.9B38.4615.2625.26%39.09%10.9%0.73
CTRE logoCTRECareTrust REIT, Inc.Direct Competitor8.79B39.4825.15108.71%80.64%6.51%
GMRE logoGMREGlobal Medical REIT Inc.Direct Competitor94.26M35.74115.29-1.79%1.69%0.49%1.18
VTR logoVTRVentas, Inc.Product Competitor41.18B86.62160.4118.47%4.25%2.08%1.05
WELL logoWELLWelltower Inc.Product Competitor151.66B216.47155.7335.82%12.31%3.49%0.49

Compare NHPAP vs Peers

National Healthcare Properties, Inc. (NHPAP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NHI

Most directly comparable listed peer for NHPAP.

Scale Benchmark

vs WELL

Larger-name benchmark to compare NHPAP against a more recognizable public peer.

Peer Set

Compare Top 5

vs NHI, OHI, SBRA, LTC

NHPAP Income Statement

National Healthcare Properties, Inc. (NHPAP) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Revenue302.39M311M362.41M374.91M381.61M329.36M335.85M345.93M353.79M348.45M
Revenue Growth %22.28%2.85%16.53%3.45%1.79%-13.69%1.97%3%2.27%-0.32%
Property Operating Expenses291.37M286M221M234.19M243.55M205.81M213.44M217.79M221.15M222.39M
Net Operating Income (NOI)
11.02M▲ 0%
25M▲ 126.8%
141.41M▲ 465.7%
140.73M▼ 0.5%
138.06M▼ 1.9%
123.54M▼ 10.5%
122.4M▼ 0.9%
128.13M▲ 4.7%
132.65M▲ 3.5%
126.07M▲ 0%
NOI Margin %3.64%8.04%39.02%37.54%36.18%37.51%36.45%37.04%37.49%36.18%
Operating Expenses00144.59M172.52M157.94M160.98M153.94M132.87M256.19M140.54M
G&A Expenses0017.27M20.53M21.57M16.83M17.29M18.93M22.74M21.93M
EBITDA94.67M83.78M80.04M49.24M61.1M42.29M50.52M78.14M-39.47M71.5M
EBITDA Margin %31.31%26.94%22.08%13.13%16.01%12.84%15.04%22.59%-11.16%20.52%
Depreciation & Amortization98.89M77.64M83.21M81.03M80.97M79.73M82.06M82.87M84.07M85.98M
D&A / Revenue %32.7%24.96%22.96%21.61%21.22%24.21%24.44%23.96%23.76%24.67%
Operating Income
-4.22M▲ 0%
6.14M▲ 245.6%
-3.18M▼ 151.7%
-31.79M▼ 900.9%
-19.87M▲ 37.5%
-37.44M▼ 88.4%
-31.54M▲ 15.7%
-4.74M▲ 85.0%
-123.54M▼ 2507.5%
-14.47M▲ 0%
Operating Margin %-1.39%1.97%-0.88%-8.48%-5.21%-11.37%-9.39%-1.37%-34.92%-4.15%
Interest Expense0049.47M56.06M51.52M47.9M51.74M66.08M69.45M4M
Interest Coverage---0.06x-0.57x-0.39x-0.78x-0.61x-0.07x-1.78x-
Non-Operating Income00134K61K58K-98K-3.86M1.26M-23.52M-144K
Pretax Income
-23.05M▲ 0%
-42.06M▼ 82.5%
-52.78M▼ 25.5%
-87.91M▼ 66.6%
-71.45M▲ 18.7%
-85.24M▼ 19.3%
-79.42M▲ 6.8%
-72.08M▲ 9.2%
-190M▼ 163.6%
-80.02M▲ 0%
Pretax Margin %-7.62%-13.53%-14.56%-23.45%-18.72%-25.88%-23.65%-20.84%-53.7%-22.97%
Income Tax-2.08M647K197K399K4.06M203K201K303K262K121K
Effective Tax Rate %9.04%-1.54%-0.37%-0.45%-5.68%-0.24%-0.25%-0.42%-0.14%-0.15%
Net Income
-20.87M▲ 0%
-42.55M▼ 103.8%
-52.76M▼ 24.0%
-87.91M▼ 66.6%
-75.81M▲ 13.8%
-85.18M▼ 12.4%
-79.49M▲ 6.7%
-72.3M▲ 9.0%
-189.7M▼ 162.4%
-80.05M▲ 0%
Net Margin %-6.9%-13.68%-14.56%-23.45%-19.87%-25.86%-23.67%-20.9%-53.62%-22.97%
Net Income Growth %49.99%-103.83%-24.01%-66.62%13.76%-12.36%6.68%9.04%-162.38%53.71%
Funds From Operations (FFO)
78.01M▲ 0%
35.09M▼ 55.0%
30.45M▼ 13.2%
-6.89M▼ 122.6%
5.16M▲ 174.9%
-5.45M▼ 205.7%
2.58M▲ 147.3%
10.57M▲ 310.2%
-105.63M▼ 1098.9%
5.92M▲ 0%
FFO Margin %25.8%11.28%8.4%-1.84%1.35%-1.66%0.77%3.06%-29.86%1.7%
FFO Growth %209.54%-55.02%-13.23%-122.61%174.93%-205.66%147.29%310.2%-1098.86%147.68%
FFO per Share2.951.301.10-0.18-0.190.090.37-3.730.21
FFO Payout Ratio %96.69%218.61%181.7%-746.83%607.64%0%535.26%130.5%0%0%
EPS (Diluted)
-0.79▲ 0%
-1.57▼ 98.7%
-1.90▼ 21.2%
0.00▲ 100.0%
-2.79▲ 0%
-3.29▼ 17.9%
-3.30▼ 0.3%
-3.04▲ 7.9%
-7.19▼ 136.5%
-2.83▲ 0%
EPS Growth %51.23%-98.73%-21.23%100%--17.92%-0.3%7.88%-136.51%-
EPS (Basic)-0.79-1.57-1.900.00-2.79-3.29-3.30-3.04-7.19-
Diluted Shares Outstanding26.48M27.06M27.72M028.29M28.29M28.29M28.29M28.29M28.3M

NHPAP Balance Sheet

National Healthcare Properties, Inc. (NHPAP) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Total Assets2.19B2.37B2.38B2.33B2.29B2.21B2.18B2.15B1.95B1.76B
Asset Growth %-3.45%8.12%0.24%-2.19%-1.65%-3.17%-1.54%-1.61%-9.28%-48.24%
Real Estate & Other Assets0001.84B1.88B1.81B1.78B1.73B1.79B1.37B
PP&E (Net)00014.35M13.91M7.91M7.81M7.71M7.48M6.84M
Investment Securities0000000000
Total Current Assets000203.62M113.76M109.24M101.81M117.64M96.94M134.52M
Cash & Equivalents33.19M102.59M91.36M95.69M72.36M59.74M53.65M46.41M21.65M47.12M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets-45.21M-117.92M-108.71M47.04M-16.85M-6.92M-11.67M44.91M52.44M57.77M
Intangible Assets00021.18M23.32M23.86M25.28M26.32M55.37M29.63M
Total Liabilities689.38M1.02B1.14B1.22B1.33B1.17B1.18B1.24B1.26B1.11B
Total Debt644.44M960.33M1.08B1.14B1.23B1.09B1.12B1.18B1.15B1.04B
Net Debt611.25M857.74M991.21M1.05B1.15B1.03B1.06B1.13B1.13B994.81M
Long-Term Debt589.42M857.97M1.03B528.28M542.7M584.24M578.7M809M1.14B696.51M
Short-Term Borrowings34.83M83.53M38.35M605.27M674.55M502.05M530.3M361.03M362.22M337.62M
Capital Lease Obligations0009.13M9.15M8.13M8.09M8.04M8.11M38.76M
Total Current Liabilities000663.78M724.48M556.78M584.97M419.38M462.5M396.73M
Accounts Payable00043.09M42.27M42.71M45.25M48.36M89.58M46.32M
Deferred Revenue4.99M6.2M7.01M8.52M6.91M8.62M5.92M6.5M7.22M9.35M
Other Liabilities-614.6M-883M-1.05B8.84M42.28M24.85M9.41M8.16M6.13M5.38M
Total Equity
1.5B▲ 0%
1.36B▼ 9.9%
1.24B▼ 8.5%
1.11B▼ 10.8%
961.37M▼ 13.1%
1.04B▲ 8.2%
999.19M▼ 4.0%
900.58M▼ 9.9%
690.13M▼ 23.4%
652.48M▲ 0%
Equity Growth %-6.09%-9.86%-8.49%-10.81%-13.14%8.22%-3.96%-9.87%-23.37%-85.57%
Shareholders Equity1.5B1.35B1.23B1.1B956.99M1.03B992.64M894.15M684.56M647.03M
Minority Interest8.87M8.51M7.8M5.41M4.39M6.7M6.55M6.43M5.57M5.45M
Common Stock894K910K919K923K938K993K1.05M1.11M1.13M1.13M
Additional Paid-in Capital1.98B2.01B2.03B2.08B2.1B2.33B2.42B2.51B2.53B2.53B
Retained Earnings-486.57M-665.03M-804.33M-971.19M-1.11B-1.28B-1.46B-1.64B-1.87B-1.9B
Preferred Stock00016K16K76K76K76K76K75K
Return on Assets (ROA)-0.93%-1.86%-2.22%-3.74%-3.29%-3.78%-3.62%-3.34%-9.27%-4.55%
Return on Equity (ROE)-1.34%-2.97%-4.06%-7.49%-7.33%-8.51%-7.79%-7.61%-23.85%-12.27%
Debt / Assets29.38%40.49%45.53%49.14%53.63%49.42%51.23%54.92%59.07%59.24%
Debt / Equity0.43x0.71x0.87x1.03x1.28x1.05x1.12x1.31x1.67x1.67x
Net Debt / EBITDA6.46x10.24x12.38x21.26x18.89x24.46x21.05x14.48x-13.91x
Book Value per Share56.8250.1244.77-33.9936.7835.3231.8424.4023.06

NHPAP Cash Flow Statement

National Healthcare Properties, Inc. (NHPAP) cash flow — operating, investing & free cash flow history

Line itemDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24TTM
Cash from Operations78.72M63.97M54.15M47.4M41.81M38.88M28.3M21.62M-79.85M-79.85M
Operating CF Growth %14.63%-18.75%-15.35%-12.46%-11.81%-7%-27.22%-23.58%-469.25%-2662.65%
Operating CF / Revenue %26.03%20.57%14.94%12.64%10.96%11.8%8.42%6.25%-22.57%-22.91%
Net Income-20.87M-42.55M-52.98M-88.31M-75.51M-85.44M-79.62M-72.38M-190.26M-80.05M
Depreciation & Amortization98.89M77.64M83.21M81.03M80.97M79.73M81.44M81.98M82.64M83.9M
Stock-Based Compensation001.24M1.32M1.34M1.33M1.19M919K613K723K
Other Non-Cash Items17.21M36.3M44.05M62.72M38.99M43.69M32.72M16.4M24.21M24.69M
Working Capital Changes-16.5M-7.43M-21.63M-9.36M-8.63M57K-10.18M-6.46M558K-132.07M
Cash from Investing-19.09M-193.94M-115.06M-46.25M-82.49M-47.92M-41.78M-62.82M63.97M155.69M
Acquisitions (Net)01.34M00000284K00
Purchase of Investments-38.75M-188.93M-128.06M-92M-94.98M-159.3M-25.54M-9.96M-5.61M0
Sale of Investments1000K757K1000K1000K1000K1000K1000K1000K1000K3M
Other Investing100K1.18M-102.15M-29.53M-60.6M-28.85M-13.79M-9.96M-1.71M4.8M
Cash from Financing-55.57M199.37M49.68M19.09M19.43M4.08M4.64M55.97M-1.35M-31.54M
Dividends Paid-75.43M-76.72M-55.33M-51.43M-33.75M-5.14M-13.8M-13.8M-13.8M-13.73M
Common Dividends00-55.33M-51.43M-31.35M00000
Debt Issuance (Net)1000K1000K1000K1000K1000K-1000K1000K1000K1000K-2M
Share Repurchases-12.18M-33.6M-14.2M-21.11M-10.54M0-42K00-1.74M
Other Financing-761K-857K-3.98M-22.02M-3.12M-1.62M-1.86M-8.65M-184K-191K
Net Change in Cash
0▲ 0%
0▲ 0%
-11.23M▲ 0%
20.24M▲ 280.2%
-21.25M▼ 205.0%
-4.96M▲ 76.6%
-8.84M▼ 78.2%
14.78M▲ 267.1%
-17.22M▼ 216.5%
22.2M▲ 0%
Exchange Rate Effect0000000000
Cash at Beginning29.12M33.19M102.59M91.36M111.6M90.35M85.38M76.54M91.32M126.41M
Cash at End33.19M102.59M91.36M111.6M90.35M85.38M76.54M91.32M74.09M103.17M
Free Cash Flow
71.25M▲ 0%
55.69M▼ 21.8%
41.24M▼ 25.9%
30.68M▼ 25.6%
19.91M▼ 35.1%
19.81M▼ 0.5%
302K▼ 98.5%
-773K▼ 356.0%
-101.75M▼ 13063.5%
-125.07M▲ 0%
FCF Growth %15.3%-21.84%-25.94%-25.6%-35.1%-0.54%-98.48%-355.96%-13063.52%-2658.54%
FCF / Revenue %23.56%17.91%11.38%8.18%5.22%6.01%0.09%-0.22%-28.76%-35.89%

NHPAP Key Ratios

National Healthcare Properties, Inc. (NHPAP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201620172018201920202021202220232024TTM
FFO per Share2.951.31.1-0.18-0.190.090.37-3.730.21
FFO Payout Ratio96.69%218.61%181.7%-746.83%607.64%0%535.26%130.5%0%0%
NOI Margin3.64%8.04%39.02%37.54%36.18%37.51%36.45%37.04%37.49%36.18%
Net Debt / EBITDA6.46x10.24x12.38x21.26x18.89x24.46x21.05x14.48x-13.91x
Debt / Assets29.38%40.49%45.53%49.14%53.63%49.42%51.23%54.92%59.07%59.24%
Interest Coverage---0.06x-0.57x-0.39x-0.78x-0.61x-0.07x-1.78x-
Book Value / Share56.8250.1244.77-33.9936.7835.3231.8424.423.06
Revenue Growth22.28%2.85%16.53%3.45%1.79%-13.69%1.97%3%2.27%-0.32%

NHPAP Frequently Asked Questions

National Healthcare Properties, Inc. (NHPAP) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

National Healthcare Properties, Inc. (NHPAP) reported $348.5M in revenue for fiscal year 2024. This represents a 496% increase from $58.4M in 2014.

National Healthcare Properties, Inc. (NHPAP) grew revenue by 2.3% over the past year. Growth has been modest.

National Healthcare Properties, Inc. (NHPAP) reported a net loss of $80.1M for fiscal year 2024.

Dividend & Returns

Yes, National Healthcare Properties, Inc. (NHPAP) pays a dividend with a yield of 2.29%. This makes it attractive for income-focused investors.

National Healthcare Properties, Inc. (NHPAP) has a return on equity (ROE) of -23.9%. Negative ROE indicates the company is unprofitable.

Industry Metrics

National Healthcare Properties, Inc. (NHPAP) generated Funds From Operations (FFO) of $5.9M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Explore More NHPAP

National Healthcare Properties, Inc. (NHPAP) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screener
  • Themes
  • Market Valuation
  • Valuation
  • Compare
  • Total Return
  • DCA Calculator
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Follow @VCPScanner on X

Get weekly stock ideas — free

© 2026 VCP Scanner. All rights reserved.
About·Privacy Policy·Terms of Service
Not financial advice. Do your own research.