NHC Q1 2025 revenue rises 25.7% to $373.7 million; GAAP EPS $2.07
NHC reported first-quarter 2025 results for the quarter ended March 31, 2025. Net operating revenues rose 25.7% year over year to $373.7 million, driven by an 8.5% increase in same-facility revenue and the August 1, 2024 acquisition of White Oak Management, Inc. GAAP net income attributable to NHC increased to $32.2 million, or $2.07 per diluted share, from $26.2 million, or $1.69 per diluted share, a year earlier.
Key points
- Net operating revenues were $373.7 million versus $297.2 million in the first quarter of 2024, an increase of 25.7%.
- GAAP net income attributable to NHC was $32.2 million, compared with $26.2 million a year earlier.
- Adjusted diluted EPS was $1.59 versus $0.99 a year earlier; adjusted net income was $24.8 million versus $15.4 million.
- Same-facility net operating revenues rose 8.5%; the White Oak acquisition closed August 1, 2024.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 09, 2025.
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