National Healthcare Properties, Inc.

NHP

Overview

Revenue
$344M
Gross profit
$130M
37.7%margin
Operating income
$11M
3.2%margin
Free cash flow
$24M
6.9%FCF margin
Trailing 12 months · Q3 25 – Q2 26

Share price

Daily closing price. The header shows the latest close, the market cap at that close and the change over the selected range. Hover or tap the chart to read any day.
$16.09
+$4.09 (+34.08%)since Apr 22, 2026
At close
Oct 2, 2026

Share price vs index

National Healthcare Properties's share price and the index, each as its percentage change since the first day of the selected range. The shading shows the gap: green while National Healthcare Properties is ahead, orange while it is behind. The values at the end are each one's change over the range.

About National Healthcare Properties

National Healthcare Properties, Inc. is a real estate investment trust for U.S. federal income tax purposes. The Company acquires, owns and manages a diversified portfolio of healthcare-related real estate, focused on outpatient medical facilities and senior housing operating properties. As of September 30, 2025, the Company owned 174 properties (including one land parcel and one property classified as held-for-sale) located in 30 states and comprised of 7.3 million rentable square feet. Substantially all the Company's business is conducted through the OP and its wholly owned subsidiaries, including taxable REIT subsidiaries. Prior to the consummation of the Internalization (as defined below) on September 27, 2024, the Company's former advisor, Healthcare Trust Advisors, LLC, managed its day-to-day business with the assistance of its property manager, Healthcare Trust Properties, LLC the former Advisor and Property Manager were under common control with AR Global Investments, LLC, and these related parties received compensation and fees for providing services to the Company. See the Internalization section in this Note for additional information. As of September 30, 2025, the Company owned 40 (including one property classified as held-for-sale) SHOPs using the REIT Investment Diversification and Empowerment Act of 2007 structure in its SHOP segment. Under RIDEA, a REIT may lease (qualified healthcare properties) on an arm's length basis to a TRS if the property is operated on behalf of such subsidiary by a person who qualifies as an eligible independent contractor. As of September 30, 2025, the Company had four eligible independent contractors operating 39 SHOPs. The Company has two operating and reportable business segments (OMFs and Shops). All the Company's properties across both business segments are located throughout the United States. In its OMF operating segment, the Company owns, manages and leases single and multi-tenant OMFs where tenants are generally required to pay their pro rata share of property o

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Employees
31
Business address
NEW YORK, NY
Fiscal year ends
December 31
Listed
Nasdaq · NHP

Revenue mix

Revenue by segment

Revenue reported by each segment. The figure at the top of each column is total revenue. Switch to % to see each segment's share.

Segment growth

Each segment's revenue in the chosen period against the same period a year earlier, so seasonal swings cancel out. Hover a line to bring it forward.

Income statement

Revenue

Revenue each quarter. The figure at the top of each column is growth against the same period a year earlier. Choose quarterly or annual; the arrows step a year earlier or later.
Revenue

Revenue, gross profit and net income

Revenue, gross profit and net income on one scale, so their sizes can be compared period by period.

Income statement

How revenue becomes net income in the chosen year or quarter. Solid bars are totals; hatched bars are the costs taken off between them.
TotalSubtracted

Operating leverage

Revenue growth against operating expense growth, each against the same quarter a year earlier. While revenue grows faster than opex, each extra dollar of sales keeps more profit.

Cash flow

Operating and free cash flow

Free cash flow is what is left of operating cash flow after capital expenditure. The gap between each pair of bars is that year's capex.

Free cash flow

Operating cash flow minus capital expenditure. The figure at the top of each column is growth against the same period a year earlier.
Free cash flow

Cash flow statement

The reported movements behind the change in cash in the chosen year or quarter. Solid bars are totals; hatched bars are what was added or taken off between them.
TotalAddedSubtracted

Capital allocation

Operating cash flow above zero; what it was spent on below: capital expenditure, dividends and buybacks.

Balance sheet

Assets, liabilities and equity

The balance sheet at the end of the chosen year or quarter. What the company owns on the left, against what it owes and what belongs to shareholders on the right. Both columns add up to total assets.

Net cash

Cash and short-term investments minus total debt at each quarter end. Below zero, the company owes more than it holds.
Net cashNet debt

War chest

Cash and short-term investments held at each quarter end. The figure at the top of each column is the total.