National Healthcare Properties $NHP Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up National Healthcare Properties, Inc. ($NHP). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-09-14. 17 event filings (8-K) in the past twelve months.
🔖 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; on a year the method never saw, 83.4% landed inside). 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%.
Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | $7M · $70M · −$42M · — |
| Investment book (cash · short · long) | $58M · — · — |
| Revenue swing · equity of assets | 2.9% · 35.1% |
National Healthcare Properties is growing slower than its size class, with steadier revenue. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $342M |
| Revenue, on the year | −3.3% |
| Revenue, a year over the record | 1.0% |
| Operating margin | 1.0% |
| Operating margin, prior year | −34.9% |
| Net margin | −16.9% |
| Research and development | not filed separately |
| Total debt | — |
| Equity of assets | 35.1% |
| Return on equity | −9.6% |
| Payout of profit | — |
| Dividend per share | $0.85 |
| Earnings per share | $-2.51 |
| Book value per share | $21.20 |
| Revenue per share | $12.09 |
| Shares outstanding | 28,304,000 |
| Audited years read | 5 |
Peers: the median of 79 filers with $50M+ revenue in real estate investment trusts.
Health HarborNational Healthcare Properties sails as: New ship
Health watch · 12 monthsDirector or officer change ×6
Sailing speed follows growth: 0.6% a year crosses the harbor in 78 seconds.
🌊 Visit the Bay →No warning signs on the measures below.
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 8-K · 2026-09-14 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits
- 8-K · 2026-09-10 · 2.01 Completion of Acquisition or Disposition of Assets; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-08-06
- 8-K · 2026-08-05 · 1.01 Entry into a Material Definitive Agreement; 2.02 Results of Operations and Financial Condition; 2.03 Creation of a Direct Financial Obligation; 5.02 Departure or Election of Directors; Appointment of Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits
- 8-K · 2026-07-10 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits
- 8-K · 2026-06-16 · 8.01 Other Events; 9.01 Financial Statements and Exhibits
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. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company