Business Wire·May 8, 2026, 7:00 AM ET

NHC Reports First Quarter 2026 Earnings

NHC

National HealthCare Corporation reported net operating revenues of $381.82 million for the quarter ended March 31, 2026, a 2.2% increase compared to $373.70 million in the same period of 2025.
GAAP net income attributable to NHC for the quarter ended March 31, 2026, was $35.86 million, up from $32.21 million in 2025.
Adjusted net income excluding unrealized gains on marketable equity securities rose 21.1% to $30.09 million in the quarter ended March 31, 2026, from $24.84 million in 2025.
GAAP diluted earnings per share were $2.27 for the quarter ended March 31, 2026, compared to $2.07 in 2025.
Adjusted diluted earnings per share were $1.91 for the quarter ended March 31, 2026, compared to $1.59 in 2025.
As of May 1, 2026, NHC affiliates operated 80 skilled nursing facilities with 10,323 beds, 26 assisted living communities, 9 independent living communities, 3 behavioral health hospitals, 34 homecare agencies, and 33 hospice agencies.
Net patient revenues totaled $369.81 million for the quarter ended March 31, 2026, while other revenues were $12.02 million.
Total costs and expenses for the quarter ended March 31, 2026, were $349.57 million, with salaries, wages, and benefits accounting for $235.07 million.
The average skilled nursing per diem increased to $371.69 in the quarter ended March 31, 2026, from $360.14 in 2025.
Total skilled nursing patient days increased to 724,456 in the quarter ended March 31, 2026, from 718,136 in 2025.
Dividends declared per common share were $0.64 for the quarter ended March 31, 2026, compared to $0.61 in 2025.
Total assets as of March 31, 2026, were $1.52 billion, with NHC stockholders' equity at $1.09 billion.
Current and long-term debt was $0 as of March 31, 2026, down from $40 million as of December 31, 2025.