NRC Health

NasdaqGS:NRC Stock Report

Market Cap: US$435.6m

NRC Health Past Earnings Performance

Past criteria checks 0/6

NRC Health's earnings have been declining at an average annual rate of -17.4%, while the Healthcare industry saw earnings growing at 4% annually. Revenues have been declining at an average rate of 0.8% per year. NRC Health's return on equity is 67%, and it has net margins of 6.2%.

Key information

-17.44%

Earnings growth rate

-15.46%

EPS growth rate

Healthcare Industry Growth8.50%
Revenue growth rate-0.84%
Return on equity66.95%
Net Margin6.20%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Seeking Alpha Jan 03

National Research: The Turnaround Is Invisible Until It Isn't

Summary National Research Corp. is undervalued, trading at a modest multiple despite a clear pivot from contraction to growth. TRCV, NRC’s key forward metric, grew 8% YoY, signaling imminent revenue acceleration and a strong 2026 setup. Margins are expanding as cost structure is rationalized; normalized FCF could approach $38M in 2026 after one-off expenses subside. Industry consolidation and a revitalized sales force position NRC for upside, with a realistic path to $30+ per share as fundamentals re-rate. Read the full article on Seeking Alpha
Analysis Article Nov 24

National Research Corporation's (NASDAQ:NRC) Shares Climb 51% But Its Business Is Yet to Catch Up

National Research Corporation ( NASDAQ:NRC ) shareholders would be excited to see that the share price has had a great...
Analysis Article Oct 10

The Market Doesn't Like What It Sees From National Research Corporation's (NASDAQ:NRC) Earnings Yet As Shares Tumble 27%

National Research Corporation ( NASDAQ:NRC ) shareholders that were waiting for something to happen have been dealt a...
Analysis Article Sep 26

Returns On Capital Signal Tricky Times Ahead For National Research (NASDAQ:NRC)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Aug 28

National Research (NASDAQ:NRC) Will Pay A Dividend Of $0.12

National Research Corporation ( NASDAQ:NRC ) has announced that it will pay a dividend of $0.12 per share on the 10th...
Analysis Article Aug 04

Risks Still Elevated At These Prices As National Research Corporation (NASDAQ:NRC) Shares Dive 26%

National Research Corporation ( NASDAQ:NRC ) shareholders won't be pleased to see that the share price has had a very...
Analysis Article Jul 16

A Look At The Intrinsic Value Of National Research Corporation (NASDAQ:NRC)

Key Insights Using the 2 Stage Free Cash Flow to Equity, National Research fair value estimate is US$14.74 National...
Analysis Article Jun 20

There's Reason For Concern Over National Research Corporation's (NASDAQ:NRC) Massive 26% Price Jump

National Research Corporation ( NASDAQ:NRC ) shares have had a really impressive month, gaining 26% after a shaky...
Analysis Article May 02

National Research (NASDAQ:NRC) Has Affirmed Its Dividend Of $0.12

National Research Corporation ( NASDAQ:NRC ) has announced that it will pay a dividend of $0.12 per share on the 11th...
Analysis Article Apr 22

Lacklustre Performance Is Driving National Research Corporation's (NASDAQ:NRC) 30% Price Drop

To the annoyance of some shareholders, National Research Corporation ( NASDAQ:NRC ) shares are down a considerable 30...
Analysis Article Mar 28

National Research (NASDAQ:NRC) Has Announced A Dividend Of $0.12

The board of National Research Corporation ( NASDAQ:NRC ) has announced that it will pay a dividend on the 11th of...
Analysis Article Feb 22

Does National Research (NASDAQ:NRC) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Dec 23

National Research (NASDAQ:NRC) Is Due To Pay A Dividend Of $0.12

The board of National Research Corporation ( NASDAQ:NRC ) has announced that it will pay a dividend of $0.12 per share...
Analysis Article Dec 03

National Research (NASDAQ:NRC) Is Due To Pay A Dividend Of $0.12

National Research Corporation ( NASDAQ:NRC ) has announced that it will pay a dividend of $0.12 per share on the 10th...
Analysis Article Jun 19

National Research (NASDAQ:NRC) Is Due To Pay A Dividend Of $0.12

National Research Corporation ( NASDAQ:NRC ) will pay a dividend of $0.12 on the 15th of July. The dividend yield will...
Analysis Article Jun 04

National Research Corporation's (NASDAQ:NRC) Shares May Have Run Too Fast Too Soon

National Research Corporation's ( NASDAQ:NRC ) price-to-earnings (or "P/E") ratio of 21.9x might make it look like a...
Analysis Article May 09

Estimating The Fair Value Of National Research Corporation (NASDAQ:NRC)

Key Insights National Research's estimated fair value is US$35.55 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Feb 20

National Research's (NASDAQ:NRC) Dividend Will Be $0.12

National Research Corporation's ( NASDAQ:NRC ) investors are due to receive a payment of $0.12 per share on 15th of...

Revenue & Expenses Breakdown

How NRC Health makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:NRC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 261399510
31 Dec 2513711480
30 Sep 2513916520
30 Jun 2514018500
31 Mar 2514124440
31 Dec 2414325450
30 Sep 2414427440
30 Jun 2414629450
31 Mar 2414730460
31 Dec 2314931470
30 Sep 2314929460
30 Jun 2314829450
31 Mar 2315030440
31 Dec 2215232430
30 Sep 2215235420
30 Jun 2215236410
31 Mar 2215137400
31 Dec 2114837390
30 Sep 2114436380
30 Jun 2114036360
31 Mar 2113535350
31 Dec 2013337340
30 Sep 2013138340
30 Jun 2013036350
31 Mar 2013036340
31 Dec 1912832330
30 Sep 1912631330
30 Jun 1912430320
31 Mar 1912031310
31 Dec 1812030310
30 Sep 1811929310
30 Jun 1811826320
31 Mar 1811824310
31 Dec 1711823300
30 Sep 1711622290
30 Jun 1711423270
31 Mar 1711221280
31 Dec 1610920280
30 Sep 1610721280
30 Jun 1610620280
31 Mar 1610419270
31 Dec 1510217270
30 Sep 1510116280
30 Jun 1510016270

Quality Earnings: NRC has a large one-off loss of $6.8M impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: NRC's current net profit margins (6.2%) are lower than last year (17.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NRC's earnings have declined by 17.4% per year over the past 5 years.

Accelerating Growth: NRC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NRC had negative earnings growth (-64.5%) over the past year, making it difficult to compare to the Healthcare industry average (17%).


Return on Equity

High ROE: Whilst NRC's Return on Equity (66.95%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 11:19
End of Day Share Price 2026/06/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NRC Health is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ryan DanielsWilliam Blair & Company L.L.C.