National Healthcare Properties, Inc.

National Healthcare Properties, Inc.

NHPAP
National Healthcare Properties, Inc.US flagNASDAQ Global Market
22.37
USD
+0.02
- -
635.47MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
362
375
382
329
336
346
354
342
342
Operating Margin (%)
4.93
4.2
3.02
0.78
-0.69
0.23
1.87
6.11
9.09
Depreciation Expense
83
81
81
80
81
83
84
78
72
Net Income, GAAP
-53
-88
-76
-85
-79
-72
-190
-58
-60
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-14.56
-23.45
-19.87
-25.86
-23.67
-20.9
-53.62
-16.83
-17.64
Working Capital
- -
-460
-611
-448
-483
-302
-360
-439
-101
LT Debt
- -
537
552
592
587
817
787
525
863
Total Equity
- -
1,107
961
1,040
999
901
690
605
597
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
336
521
186
LT Borrowings
697
516
850
LT Finance Leases
8
8
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
28
28
28
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
140
139
138
Cash, Cash Equivalents & STI
47
58
53
Accounts Receivable, Net
31
31
31
Inventories
- -
- -
- -
Total Current Liabilities
396
578
239
Payables & Accruals
50
48
46
ST Debt
336
521
186
Deferred Revenue
10
9
7

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-8.28%
-12.4%
Free Cash Flow
- -
-127.15%
-108.71%
Net Income, GAAP
- -
17.88%
-69.62%
Sales/Revenue/Turnover
- -
-1.94%
-3.25%
Total Cash Common Dividend
- -
- -
-200%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
88
89
89
88
354
2025
86
85
86
84
342
2026
86
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Michael R. Anderson
Full Time Employees
26
Sector
Real Estate
Industry
REIT - Healthcare Facilities
Address
540 Madison Avenue New York City United States of America
IPO Date
Dec 9, 2019
Business
National Healthcare Properties, Inc. (NHPAP) is a publicly registered real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of healthcare-related real estate focused on outpatient medical facilities (OMFs) and senior housing operating properties (SHOPs) located throughout the United States. The company owns medical office buildings including physicians' offices, examination rooms, hospitals and pharmacies; and senior housing communities comprising assisted living facilities, memory care facilities and independent living facilities, with tenants typically paying pro rata shares of operating expenses in OMFs and investments structured through RIDEA for SHOPs; it operates two primary reportable segments, OMFs generating the majority of revenue and SHOPs encompassing approximately 3,939 rentable units as of March 2025. Founded in 2012 (originally as Healthcare Trust, Inc.) and headquartered at 540 Madison Avenue, 27th Floor, New York, New York, the self-managed REIT maintains a portfolio valued around $2.6 billion across approximately 181 properties. Recent developments include the completion of management internalization, a rebranding to National Healthcare Properties from Healthcare Trust, Inc., ticker symbol updates for its preferred shares, the appointment of Andrew T. Babin as Chief Financial Officer, strategic dispositions such as the $108 million sale of a ten-building medical office portfolio in February 2025 to a joint venture between Altera Fund and TPG Angelo Gordon, ongoing preferred stock buybacks confirming attractive pricing, and regular quarterly dividend announcements alongside robust operating performance in both segments through Q3 2025.

Company News

APIChat
  • National Healthcare Properties Provides Business Updates

  • Inflation Reignites, Yields Spike

  • National Healthcare Properties, Inc. (NHP) Q1 2026 Earnings Call Transcript

  • National Healthcare Properties Reports First Quarter 2026 Results

  • National Healthcare Properties Announces $528 Million Sale of OMF Portfolio

  • National Healthcare Properties Announces Release Date for First Quarter 2026 Results

  • National Healthcare Properties Announces Closing of Public Offering

  • National Healthcare Properties Announces Pricing of Public Offering

  • National Healthcare Properties aims to raise $616 million in US IPO

  • National Healthcare Properties Announces Launch of Public Offering

  • National Healthcare Properties Files For IPO As Business Model Shifts

  • National Healthcare Properties Announces Public Filing of Registration Statement

  • National Healthcare Properties Announces Preferred Stock Dividends

  • National Healthcare Properties: Preferred Dividend Coverage Set To Improve As Portfolio Grows

  • Adamas Trust (NASDAQ:ADAM) & National Healthcare Properties (NASDAQ:NHPAP) Critical Contrast

  • Contrasting Adamas Trust (NASDAQ:ADAM) & National Healthcare Properties (NASDAQ:NHPAP)

  • National Healthcare Properties Announces $64 million SHOP Acquisition

  • Head to Head Review: National Healthcare Properties (NASDAQ:NHPAP) & Adamas Trust (NASDAQ:ADAM)

  • National Healthcare Properties, Inc. (HLTC) Q4 2025 Earnings Call Prepared Remarks Transcript

  • National Healthcare Properties Reports Fourth Quarter and Full Year 2025 Results