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NHC Reports Second Quarter 2026 Earnings

  • National HealthCare Corporation reported net operating revenues of $408,025,000 for the quarter ended June 30, 2026, an 8.8% increase from $374,910,000 in the same period of 2025.
  • Revenue growth was primarily driven by the June 1, 2026 acquisition of five skilled nursing facilities with 639 beds in Tennessee & South Carolina.
  • GAAP net income attributable to NHC for the quarter was $40,319,000, compared to $23,722,000 in the prior year.
  • Adjusted net income for the quarter was $27,551,000, a 7.2% increase from $25,710,000 in the same period of 2025.
  • GAAP diluted earnings per share reached $2.54, while adjusted diluted earnings per share were $1.74.
  • As of August 1, 2026, NHC affiliates operate 80 skilled nursing facilities with 10,323 beds, 26 assisted living communities, nine independent living communities, three behavioral health hospitals, 34 homecare agencies, & 33 hospice agencies.
  • Consolidated net income for the six months ended June 30, 2026, was $76,176,000, up from $55,927,000 in the prior year.
  • Average skilled nursing per diems increased to $369.24 for the six-month period of 2026 from $360.78 in 2025.
  • Total skilled nursing patient days rose to 1,474,179 for the six months ended June 30, 2026, compared to 1,447,655 in 2025.
  • Total assets stood at $1,536,930,000 as of June 30, 2026, with NHC stockholders' equity at $1,122,302,000.
  • Dividends declared per common share for the quarter were $0.67, with total dividends for the six-month period reaching $1.31.