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Side-by-side financial comparison of NATIONAL HEALTHCARE CORP (NHC) and Tronox Holdings plc (TROX). Click either name above to swap in a different company.

Tronox Holdings plc is the larger business by last-quarter revenue ($760.0M vs $386.5M, roughly 2.0× NATIONAL HEALTHCARE CORP). On growth, NATIONAL HEALTHCARE CORP posted the faster year-over-year revenue change (4.6% vs 4.1%). Tronox Holdings plc produced more free cash flow last quarter ($53.0M vs $6.4M). Over the past eight quarters, NATIONAL HEALTHCARE CORP's revenue compounded faster (14.0% CAGR vs -3.7%).

HCA Healthcare, Inc. is an American global for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,400 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 20 states and the United Kingdom. As of 2024, HCA Healthcare is ranked #61 on the Fortune 500 rankings of the largest United States corporations by to...

Tronox Limited is an American worldwide chemical company involved in the titanium products industry with approximately 6,500 employees. Following its acquisition of the mineral sands business formerly belonging to South Africa's Exxaro Resources, Tronox is the largest fully integrated seller and marketer of titanium dioxide (TiO2) pigment, which provides brightness to applications such as coatings, plastics and paper. Tronox mines titanium-bearing mineral sands and operates upgrading faciliti...

NHC vs TROX — Head-to-Head

Bigger by revenue
TROX
TROX
2.0× larger
TROX
$760.0M
$386.5M
NHC
Growing faster (revenue YoY)
NHC
NHC
+0.5% gap
NHC
4.6%
4.1%
TROX
More free cash flow
TROX
TROX
$46.6M more FCF
TROX
$53.0M
$6.4M
NHC
Faster 2-yr revenue CAGR
NHC
NHC
Annualised
NHC
14.0%
-3.7%
TROX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NHC
NHC
TROX
TROX
Revenue
$386.5M
$760.0M
Net Profit
$24.8M
Gross Margin
0.0%
Operating Margin
8.6%
Net Margin
6.4%
Revenue YoY
4.6%
4.1%
Net Profit YoY
308.6%
EPS (diluted)
$1.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NHC
NHC
TROX
TROX
Q1 26
$760.0M
Q4 25
$386.5M
$730.0M
Q3 25
$382.7M
$699.0M
Q2 25
$374.9M
$731.0M
Q1 25
$373.7M
$738.0M
Q4 24
$369.4M
$676.0M
Q3 24
$340.2M
$804.0M
Q2 24
$300.7M
$820.0M
Net Profit
NHC
NHC
TROX
TROX
Q1 26
Q4 25
$24.8M
$-176.0M
Q3 25
$39.2M
$-99.0M
Q2 25
$23.7M
$-84.0M
Q1 25
$32.2M
$-111.0M
Q4 24
$6.1M
$-30.0M
Q3 24
$42.8M
$-25.0M
Q2 24
$26.8M
$16.0M
Gross Margin
NHC
NHC
TROX
TROX
Q1 26
0.0%
Q4 25
5.3%
Q3 25
7.4%
Q2 25
10.8%
Q1 25
13.4%
Q4 24
17.3%
Q3 24
15.9%
Q2 24
18.3%
Operating Margin
NHC
NHC
TROX
TROX
Q1 26
Q4 25
8.6%
-15.6%
Q3 25
7.9%
-6.2%
Q2 25
9.1%
-4.8%
Q1 25
8.2%
-8.3%
Q4 24
7.8%
7.1%
Q3 24
6.7%
6.7%
Q2 24
7.5%
9.3%
Net Margin
NHC
NHC
TROX
TROX
Q1 26
Q4 25
6.4%
-24.1%
Q3 25
10.3%
-14.2%
Q2 25
6.3%
-11.5%
Q1 25
8.6%
-15.0%
Q4 24
1.6%
-4.4%
Q3 24
12.6%
-3.1%
Q2 24
8.9%
2.0%
EPS (diluted)
NHC
NHC
TROX
TROX
Q1 26
Q4 25
$1.58
$-1.11
Q3 25
$2.50
$-0.63
Q2 25
$1.52
$-0.53
Q1 25
$2.07
$-0.70
Q4 24
$0.38
$-0.19
Q3 24
$2.73
$-0.16
Q2 24
$1.73
$0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NHC
NHC
TROX
TROX
Cash + ST InvestmentsLiquidity on hand
$92.8M
$126
Total DebtLower is stronger
$40.0M
$133
Stockholders' EquityBook value
$1.1B
$1.3K
Total Assets
$1.5B
$6.1K
Debt / EquityLower = less leverage
0.04×
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NHC
NHC
TROX
TROX
Q1 26
$126
Q4 25
$92.8M
$199.0M
Q3 25
$130.6M
$185.0M
Q2 25
$111.0M
$132.0M
Q1 25
$90.4M
$138.0M
Q4 24
$76.1M
$151.0M
Q3 24
$84.8M
$167.0M
Q2 24
$136.2M
$201.0M
Total Debt
NHC
NHC
TROX
TROX
Q1 26
$133
Q4 25
$40.0M
$3.1B
Q3 25
$73.1M
$3.1B
Q2 25
$110.0M
$2.7B
Q1 25
$134.0M
$2.8B
Q4 24
$137.0M
$2.8B
Q3 24
$147.0M
$2.8B
Q2 24
$2.8B
Stockholders' Equity
NHC
NHC
TROX
TROX
Q1 26
$1.3K
Q4 25
$1.1B
$1.4B
Q3 25
$1.1B
$1.6B
Q2 25
$1.0B
$1.6B
Q1 25
$1.0B
$1.7B
Q4 24
$980.2M
$1.8B
Q3 24
$983.5M
$1.9B
Q2 24
$945.8M
$1.9B
Total Assets
NHC
NHC
TROX
TROX
Q1 26
$6.1K
Q4 25
$1.5B
$6.2B
Q3 25
$1.6B
$6.3B
Q2 25
$1.6B
$6.2B
Q1 25
$1.5B
$6.1B
Q4 24
$1.5B
$6.0B
Q3 24
$1.6B
$6.2B
Q2 24
$1.3B
$6.1B
Debt / Equity
NHC
NHC
TROX
TROX
Q1 26
0.10×
Q4 25
0.04×
2.21×
Q3 25
0.07×
2.01×
Q2 25
0.11×
1.67×
Q1 25
0.13×
1.64×
Q4 24
0.14×
1.57×
Q3 24
0.15×
1.45×
Q2 24
1.47×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NHC
NHC
TROX
TROX
Operating Cash FlowLast quarter
$16.8M
Free Cash FlowOCF − Capex
$6.4M
$53.0M
FCF MarginFCF / Revenue
1.7%
7.0%
Capex IntensityCapex / Revenue
2.7%
0.0%
Cash ConversionOCF / Net Profit
0.68×
TTM Free Cash FlowTrailing 4 quarters
$148.6M
$-86.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NHC
NHC
TROX
TROX
Q1 26
Q4 25
$16.8M
$121.0M
Q3 25
$66.2M
$-57.0M
Q2 25
$62.8M
$28.0M
Q1 25
$39.3M
$-32.0M
Q4 24
$12.8M
$82.0M
Q3 24
$34.2M
$87.0M
Q2 24
$50.7M
$160.0M
Free Cash Flow
NHC
NHC
TROX
TROX
Q1 26
$53.0M
Q4 25
$6.4M
$53.0M
Q3 25
$56.5M
$-137.0M
Q2 25
$52.6M
$-55.0M
Q1 25
$33.1M
$-142.0M
Q4 24
$4.6M
$-35.0M
Q3 24
$28.6M
$-14.0M
Q2 24
$42.8M
$84.0M
FCF Margin
NHC
NHC
TROX
TROX
Q1 26
7.0%
Q4 25
1.7%
7.3%
Q3 25
14.8%
-19.6%
Q2 25
14.0%
-7.5%
Q1 25
8.9%
-19.2%
Q4 24
1.3%
-5.2%
Q3 24
8.4%
-1.7%
Q2 24
14.2%
10.2%
Capex Intensity
NHC
NHC
TROX
TROX
Q1 26
0.0%
Q4 25
2.7%
9.3%
Q3 25
2.5%
11.4%
Q2 25
2.7%
11.4%
Q1 25
1.6%
14.9%
Q4 24
2.2%
17.3%
Q3 24
1.7%
12.6%
Q2 24
2.6%
9.3%
Cash Conversion
NHC
NHC
TROX
TROX
Q1 26
Q4 25
0.68×
Q3 25
1.69×
Q2 25
2.65×
Q1 25
1.22×
Q4 24
2.10×
Q3 24
0.80×
Q2 24
1.89×
10.00×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NHC
NHC

Inpatient Services Segment$333.7M86%
Homecare Services Segment$40.0M10%
Other$11.2M3%
National$1.6M0%

TROX
TROX

Segment breakdown not available.

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