Quarterly ResultMay 7, 2026, 04:39 PM
National HealthCare Q1 Net Income +11.3% to $35.86M; EPS $2.31
AI Summary
National HealthCare Corporation reported a strong first quarter for 2026, with net income attributable to the company increasing 11.3% to $35.86 million and basic earnings per share rising 10.5% to $2.31. Net operating revenues saw a 2.2% increase to $381.82 million. The company also demonstrated robust cash flow from operations, which jumped 59.3% to $62.53 million, and actively managed its capital by repaying $40.00 million under its credit facility, increasing dividends to $0.64 per share, and repurchasing $16.32 million in common shares.
Key Highlights
- Net income attributable to NHC increased 11.3% to $35.86 million for Q1 2026, up from $32.21 million in Q1 2025.
- Basic earnings per share rose 10.5% to $2.31 in Q1 2026, compared to $2.09 in Q1 2025.
- Net operating revenues increased 2.2% to $381.82 million for Q1 2026, from $373.70 million in Q1 2025.
- Net cash provided by operating activities surged 59.3% to $62.53 million in Q1 2026, up from $39.26 million in Q1 2025.
- The company declared dividends of $0.64 per share for Q1 2026, an increase from $0.61 per share in Q1 2025.
- Repurchased common shares totaling $16.32 million in Q1 2026, significantly up from $1.72 million in Q1 2025.
- Repaid $40.00 million under its credit facility in Q1 2026, compared to $3.00 million in Q1 2025.
- Inpatient services revenue grew 1.5% to $330.33 million, while homecare and hospice services revenue increased 9.3% to $39.48 million.