National Healthcare Properties, Inc.

National Healthcare Properties, Inc.

NHPBP
National Healthcare Properties, Inc.US flagNASDAQ Global Market
25.35
USD
+0.04
- -
717.62MMarket 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
- -
- -
10.2
10.41
9.45
8.02
24.19
21.11
14.46
Tangible Book Value per Share
- -
- -
7.26
7.51
6.67
5.39
14.14
12.43
11.02
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
362
375
382
329
336
346
354
342
344
Operating Margin (%)
4.93
4.2
3.02
0.78
-0.69
0.23
1.87
6.11
9.46
Depreciation Expense
83
81
81
80
81
83
84
78
72
Net Income, GAAP
-53
-88
-76
-85
-79
-72
-190
-58
-45
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-14.56
-23.45
-19.87
-25.86
-23.67
-20.9
-53.62
-16.83
-13.04
Working Capital
- -
-460
-611
-448
-483
-302
-360
-439
273
LT Debt
- -
537
552
592
587
817
787
525
861
Total Equity
- -
1,107
961
1,040
999
901
690
605
1,057
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-16
-7.66
-9.34
-9.21
-9.13
-25.78
-11.07
-6.77

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
521
186
- -
LT Borrowings
516
850
848
LT Finance Leases
8
13
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
28
28
73
Market Capitalization
522
529
1,677

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
139
138
331
Cash, Cash Equivalents & STI
58
53
246
Accounts Receivable, Net
31
31
29
Inventories
- -
- -
- -
Total Current Liabilities
578
239
58
Payables & Accruals
48
46
51
ST Debt
521
186
- -
Deferred Revenue
9
7
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
88
- -
- -
- -

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

CEO
Michael R. Anderson
Full Time Employees
31
Sector
Real Estate
Industry
REIT - Healthcare Facilities
Address
540 Madison Avenue Newport NY United States of America 10022
IPO Date
Oct 4, 2021
Business
National Healthcare Properties, Inc. (NHPBP) is a publicly registered real estate investment trust (REIT) that acquires, owns, and manages a diversified portfolio of healthcare-related real estate across the United States, with primary emphasis on seniors housing operating properties (SHOP), medical office buildings (MOB), and outpatient medical facilities; the portfolio includes senior living facilities, skilled nursing centers, inpatient rehabilitation facilities, micro-hospitals, and triple-net leased healthcare assets, serving healthcare providers, operators, and institutional investors in markets spanning multiple states. Founded in 2012 and headquartered at 540 Madison Avenue, 27th Floor, New York, New York, the company operates within the healthcare REIT sector, focusing on high-quality properties in regions with strong healthcare demand driven by demographic trends such as an aging population. In late 2024, the company completed the internalization of its external management from Healthcare Trust Advisors LLC for $98.2 million, enabling annual general and administrative expense savings exceeding $25 million, alongside a rebranding from Healthcare Trust, Inc. to better align with its strategic vision and position for a potential public listing of common stock; recent developments include the February 2025 sale of a 10-building, 300,000-square-foot medical office portfolio in Arizona, Illinois, Massachusetts, Tennessee, and Texas for $108 million to a joint venture between Altera Fund and TPG Angelo Gordon, the appointment of Andrew T. Babin as Chief Financial Officer in November 2025, and ongoing portfolio repositioning that boosted adjusted funds from operations by 483% through deleveraging efforts.

Company News

  • National Healthcare Properties Completes Sale of 30 Multi-Tenant OMFs for $198 Million

  • National Healthcare Properties Reports Second Quarter 2026 Results

  • National Healthcare Properties Announces Third Quarter 2026 Common Stock Dividend

  • National Healthcare Properties Announces Preferred Stock Dividends

  • National Healthcare Properties Announces Final Results of its Series A and Series B Preferred Stock Self Tender Offers

  • National Healthcare Properties Announces Preliminary Results of its Series A and Series B Preferred Stock Self Tender Offers

  • 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