National Healthcare (NHC) FY2022 results: revenue $1.1 billion, up 1.1% on the year
National Healthcare Corp. (NHC) reported revenue of $1.1 billion for fiscal 2022, the year ended 31 December 2022, up 1.1% on the year before. Net income was $22 million, down 83.8%, and diluted earnings per share $1.45. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2023.
Revenue
$1.1 billion
+1.1% on the year
FY2016FY2022
Operating margin
2.9%
4.7% a year earlier
FY2016FY2022
Net income
$22 million
-83.8% on the year
FY2016FY2022
Diluted EPS
$1.45
-83.9% on the year
FY2016FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
8.7
62.4
203
-86.0%
Capital expenditure
30.2
39.4
21.9
-23.3%
Free cash flow
-21.5
23.0
181
Free cash flow margin
-2.0%
2.1%
17.6%
Cash from investing
-6.0
-65.9
-63.9
Cash from financing
-47.6
-35.3
-41.9
Depreciation and amortisation
40.5
40.7
42.0
-0.4%
Share-based compensation
2.6
2.6
2.5
-0.3%
Buybacks
9.9
0.8
0.1
+1,084.6%
Dividends paid
34.6
32.0
31.9
+8.0%
Dividend per share
$2.26
$2.11
$2.08
+7.1%
Diluted shares, weighted
15m
15m
15m
+0.2%
Shares outstanding at period end
15m
15m
15m
-0.6%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
874
903
795
-3.2%
Non-controlling interest
3.2
5.5
3.1
-40.7%
Debt
0.0
0.0
0.0
Operating lease liabilities
91.0
129
154
-29.2%
Finance lease liabilities
0.9
5.8
10.5
-85.3%
Other liabilities
306
361
400
-15.1%
Total liabilities and equity
1,275
1,403
1,362
-9.1%
Fixed assets
507
521
520
-2.8%
Goodwill
168
168
21.3
0.0%
Intangible assets
7.0
7.0
0.0
0.0%
Securities held for sale or to maturity
143
172
190
-17.1%
Cash and equivalents
58.7
108
147
-45.5%
Receivables
100.0
96.1
89.7
+4.0%
Inventory
7.1
8.6
8.8
-17.4%
Other assets
285
323
385
-11.6%
Total assets
1,275
1,403
1,362
-9.1%
10-K for the year ended 31 December 2022, filed 17 February 2023: the filing.