# National Healthcare Properties, Inc. (NHP) · Edgar & Edgarette company card

> National Healthcare Properties (NHP) saw revenue fall 3.3% in FY2025 to $342 million, operating margin 1.0% against a 24.7% median for real estate investment trusts, equity 35.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1561032 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/NHP) · [JSON](https://www.pops4.com/boards/company/NHP.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $342M |
| Revenue growth, 1 year | -3.3% |
| Revenue growth per year | 1.0% |
| Operating margin | 1.0% (prior year -34.9%) |
| Net margin | -16.9% |
| Operating cash flow | $7M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $58M |
| Long-term debt | — |
| Total assets | $1.7B |
| Total equity | $600M |
| Equity ÷ assets | 35.1% |
| Return on equity | -9.6% |
| Dividend per share | $0.85 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $342.3M (FY2025). Experience: revenue down 3.3% on the year, up 1.0% a year over 4 years; operating margin 1.0%, up from -34.9%. Soundness: equity 35.1% of assets, return on equity -9.6%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $292.6M and $374.3M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $274.9M to $399.3M. A statistical range, not company guidance. Against peers (79 filers, $50M+ revenue, real estate investment trusts): operating margin 1.0% against a 24.7% median; growth -3.3% against 3.7%.

Range logged 2026-09-27, receipt 5602e5f13583d977, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 7, latest 2026-11-09 ([filing](https://www.sec.gov/Archives/edgar/data/1561032/000114036126042582/0001140361-26-042582-index.htm))

## Recent filings

- 8-K · filed 2026-11-10 · 1.01 Entry into a Material Definitive Agreement; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1561032/000114036126043079/0001140361-26-043079-index.htm)
- 8-K · filed 2026-11-10 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1561032/000114036126043036/0001140361-26-043036-index.htm)
- 8-K · filed 2026-11-09 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1561032/000114036126042582/0001140361-26-042582-index.htm)
- 10-Q · filed 2026-11-06 · [filing](https://www.sec.gov/Archives/edgar/data/1561032/000156103226000075/0001561032-26-000075-index.htm)
- 8-K · filed 2026-11-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1561032/000156103226000071/0001561032-26-000071-index.htm)
- 8-K · filed 2026-10-22 · 3.03 Material Modifications to Rights of Security Holders; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1561032/000156103226000068/0001561032-26-000068-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001561032.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1561032

## Cite

POPS4, Edgar & Edgarette: National Healthcare Properties, Inc. (NHP) company card, from the company's own SEC filings, accessed 2026-11-12, https://www.pops4.com/boards/company/NHP. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.