NHC reports 21% adjusted earnings growth, retires all debt in Q1 2026

Filed May 8, 2026 · Period ending May 8, 2026 · ~1 min read

Key Changes

• high

  Adjusted net income rose 21.1% YoY to $30.1M ($1.91/share) on 2.2% revenue growth to $381.8M, indicating significant margin expansion driven by rate improvements across all payer categories.

  Exhibit 99.1 verify on EDGAR →
• high

  Company retired all outstanding debt during Q1, reducing total debt from $40M to zero and cutting quarterly interest expense from $2.1M to $269K, strengthening the balance sheet.

  Exhibit 99.1 verify on EDGAR →
• high

  Average skilled nursing per diem rates increased 3.2% YoY to $371.69, with Medicare up 3.0% to $630.44, Managed Care up 3.0% to $507.06, and Medicaid up 3.7% to $292.21.

  Exhibit 99.1 verify on EDGAR →