National Research Corporation

National Research Corporation

NRC
National Research CorporationUS flagNASDAQ Global Select
19.59
USD
-0.66
- -
441.49MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.84
4.08
4.23
4.52
4.84
4.42
5.16
5.3
5.82
6.08
6.05
6.04
6.14
6.28
Basic EPS, GAAP
0.64
0.75
0.73
0.85
0.94
1.11
1.31
1.48
1.47
1.28
1.26
1.05
0.52
0.41
Free Cash Flow per Basic Share
0.71
0.98
0.78
0.94
0.96
1.25
1.46
1.46
1.61
1.06
0.91
0.81
0.7
0.79
Dividend per Share
0.09
- -
0.42
1.18
0.69
0.62
1.26
0.42
0.36
0.84
1.48
0.48
0.49
0.54
Book Value per Share
2.41
3.04
2.7
2.95
3.2
-3.92
-3.76
-2.44
-1.42
-1.01
-1.24
-0.72
-0.77
-0.8
Tangible Book Value per Share
0.39
0.98
0.52
0.9
1.2
-1.51
-1.08
0.22
0.86
0.35
-0.58
-1.58
-2.43
-2.48
Basic Weighted Avg Shares
24
24
24
24
24
27
25
25
25
25
25
24
22
22
Sales/Revenue/Turnover
93
99
102
109
118
120
128
133
148
152
149
143
137
139
Operating Margin (%)
26.79
28.63
25.84
28.52
29.11
29.47
33.63
31.62
33.98
30.71
26.95
24.6
16.44
14.11
Depreciation Expense
4
4
4
4
5
5
6
8
6
5
6
6
8
8
Net Income, GAAP
15
18
18
21
23
30
32
37
37
32
31
25
12
9
Effective Tax Rate (%)
36.77
35.37
35.64
34.56
33.08
13.43
20.02
10.15
22.94
25.73
22.5
24.19
35
37.69
Profit Margin (%)
16.72
18.37
17.21
18.76
19.52
25.1
25.32
27.96
25.32
20.98
20.84
17.32
8.44
6.52
Working Capital
13
25
11
16
20
-19
-9
22
33
10
-12
-16
-16
-18
LT Debt
8
6
3
1
- -
34
30
27
22
18
29
58
75
74
Total Equity
72
88
74
83
90
19
33
64
85
72
49
31
14
13
Return on Invested Capital (%)
20.73
20.55
19.3
24.38
25.74
41.16
55.21
46.73
37.5
33.57
34.5
29.63
15.64
12.95
Return on Capital (%)
24.98
24.4
23.19
28.22
29.89
610.29
-53.41
-86.53
-192.45
-522.92
1,969.44
103.21
27.36
21.91
Return on Common Equity (%)
30.12
27.55
25.33
29.98
30.77
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4
4
4
LT Borrowings
76
75
74
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
291
420
375

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
20
20
20
Cash, Cash Equivalents & STI
2
4
3
Accounts Receivable, Net
13
11
11
Inventories
- -
- -
- -
Total Current Liabilities
39
37
38
Payables & Accruals
16
15
17
ST Debt
4
4
4
Deferred Revenue
18
16
17

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.31%
-21.26%
-55.28%
Free Cash Flow
0.47%
-14.28%
-17.9%
Net Income, GAAP
-0.82%
-18.07%
-53.19%
Sales/Revenue/Turnover
3.1%
0.76%
-3.96%
Total Cash Common Dividend
27.9%
23.36%
-4.15%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35
35
36
37
143
2025
34
34
35
35
137
2026
35
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
0.26
0.24
0.28
1.05
2025
0.25
- -
0.19
0.08
0.52
2026
0.15
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.12
0.12
0.12
0.48
2025
0.12
0.12
0.13
0.12
0.49
2026
0.17
- -
- -
- -
- -

Company Description

APIChat
CEO
Trent Green
Full Time Employees
368
Sector
Healthcare
Industry
Medical - Healthcare Information Services
Address
1245 Q Street Lincoln NE United States of America 68508
IPO Date
May 23, 2013
Business
National Research Corporation (NRC) operates as a healthcare insights and analytics company specializing in healthcare experience management solutions designed to enhance patient, employee, physician, and consumer engagement. Its core offerings include multi-channel feedback collection and analysis platforms; patient and family experience measurement; resident and family experience programs for long-term care; employee and physician engagement solutions; healthcare analytics encompassing market and clinical outcomes analysis; health risk assessments; patient outreach initiatives; and integrated healthcare experience management solutions. NRC delivers these services primarily to healthcare providers, hospitals, and long-term care facilities across the United States with a strong emphasis on human-centered conversational listening enhanced by next-generation artificial intelligence technologies. Founded in 1981 and headquartered in Lincoln, Nebraska, NRC has recently focused on transformative growth by integrating advanced AI capabilities into its product suite to deliver more adaptive and personalized healthcare experience management tools. In 2024–2025, the company intensified investments in AI-enhanced healthcare-specific solutions set for market rollout, expanded its sales force, and pursued strategic initiatives to deepen customer engagement and market penetration. NRC also returned $18 million to shareholders through dividends and stock repurchases during the first quarter of 2024, signaling robust financial stewardship. The company's strategic roadmap includes leveraging AI and broadening its healthcare experience platform to better serve evolving client needs in a competitive market. NRC continues to reinforce its position as a leader in healthcare experience analytics by advancing innovative solutions that address regulatory compliance, patient satisfaction, and operational performance improvements. NRC operates exclusively in the healthcare industry with offerings tailored to hospitals, healthcare systems, long-term care providers, and related healthcare organizations across North America. The company maintains a comprehensive portfolio of market insights, consumer assessment programs (including CMS-approved surveys), clinical analytics, and consulting services. Its recent operational enhancements and AI focus position NRC at the forefront of delivering actionable data-driven insights that help healthcare organizations optimize patient outcomes, satisfaction, and loyalty while navigating regulatory and market pressures effectively.

Company News

APIChat
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  • The Governance Institute Releases Falling Behind Report, Warning Health System Operations Are Advancing Faster than Governance

  • Questor Technology Secures $1.9 Million from National Research Council Canada to Commercialize 1500kW Heat-to-Power System

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  • NRC Health Announces Board Authorization of $60 Million Share Repurchase Program