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Side-by-side financial comparison of NATIONAL HEALTHCARE CORP (NHC) and Ultra Clean Holdings, Inc. (UCTT). Click either name above to swap in a different company.

Ultra Clean Holdings, Inc. is the larger business by last-quarter revenue ($533.7M vs $386.5M, roughly 1.4× NATIONAL HEALTHCARE CORP). NATIONAL HEALTHCARE CORP runs the higher net margin — 6.4% vs -2.8%, a 9.2% gap on every dollar of revenue. On growth, NATIONAL HEALTHCARE CORP posted the faster year-over-year revenue change (4.6% vs 2.9%). Over the past eight quarters, NATIONAL HEALTHCARE CORP's revenue compounded faster (14.0% CAGR vs 1.7%).

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...

Ultra Clean Holdings, Inc. is a leading global supplier of critical subsystems, ultra-high purity cleaning services, and precision process components for the semiconductor, advanced display, and life sciences sectors. It operates across North America, Asia, and Europe, serving top semiconductor fabs and high-tech equipment manufacturers to support advanced microelectronics production.

NHC vs UCTT — Head-to-Head

Bigger by revenue
UCTT
UCTT
1.4× larger
UCTT
$533.7M
$386.5M
NHC
Growing faster (revenue YoY)
NHC
NHC
+1.7% gap
NHC
4.6%
2.9%
UCTT
Higher net margin
NHC
NHC
9.2% more per $
NHC
6.4%
-2.8%
UCTT
Faster 2-yr revenue CAGR
NHC
NHC
Annualised
NHC
14.0%
1.7%
UCTT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NHC
NHC
UCTT
UCTT
Revenue
$386.5M
$533.7M
Net Profit
$24.8M
$-15.0M
Gross Margin
12.2%
Operating Margin
8.6%
2.1%
Net Margin
6.4%
-2.8%
Revenue YoY
4.6%
2.9%
Net Profit YoY
308.6%
-500.0%
EPS (diluted)
$1.58
$-0.40

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
UCTT
UCTT
Q1 26
$533.7M
Q4 25
$386.5M
$506.6M
Q3 25
$382.7M
$510.0M
Q2 25
$374.9M
$518.8M
Q1 25
$373.7M
$518.6M
Q4 24
$369.4M
$563.4M
Q3 24
$340.2M
$540.4M
Q2 24
$300.7M
$516.1M
Net Profit
NHC
NHC
UCTT
UCTT
Q1 26
$-15.0M
Q4 25
$24.8M
$-3.3M
Q3 25
$39.2M
$-10.9M
Q2 25
$23.7M
$-162.0M
Q1 25
$32.2M
$-5.0M
Q4 24
$6.1M
$16.3M
Q3 24
$42.8M
$-2.3M
Q2 24
$26.8M
$19.1M
Gross Margin
NHC
NHC
UCTT
UCTT
Q1 26
12.2%
Q4 25
15.2%
Q3 25
16.1%
Q2 25
15.3%
Q1 25
16.2%
Q4 24
16.3%
Q3 24
17.3%
Q2 24
17.1%
Operating Margin
NHC
NHC
UCTT
UCTT
Q1 26
2.1%
Q4 25
8.6%
2.2%
Q3 25
7.9%
2.1%
Q2 25
9.1%
-27.3%
Q1 25
8.2%
2.5%
Q4 24
7.8%
4.6%
Q3 24
6.7%
4.7%
Q2 24
7.5%
4.4%
Net Margin
NHC
NHC
UCTT
UCTT
Q1 26
-2.8%
Q4 25
6.4%
-0.7%
Q3 25
10.3%
-2.1%
Q2 25
6.3%
-31.2%
Q1 25
8.6%
-1.0%
Q4 24
1.6%
2.9%
Q3 24
12.6%
-0.4%
Q2 24
8.9%
3.7%
EPS (diluted)
NHC
NHC
UCTT
UCTT
Q1 26
$-0.40
Q4 25
$1.58
$-0.07
Q3 25
$2.50
$-0.24
Q2 25
$1.52
$-3.58
Q1 25
$2.07
$-0.11
Q4 24
$0.38
$0.36
Q3 24
$2.73
$-0.05
Q2 24
$1.73
$0.42

Balance Sheet & Financial Strength

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

Metric
NHC
NHC
UCTT
UCTT
Cash + ST InvestmentsLiquidity on hand
$92.8M
$323.5M
Total DebtLower is stronger
$40.0M
$601.9M
Stockholders' EquityBook value
$1.1B
$702.1M
Total Assets
$1.5B
$1.9B
Debt / EquityLower = less leverage
0.04×
0.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NHC
NHC
UCTT
UCTT
Q1 26
$323.5M
Q4 25
$92.8M
$311.8M
Q3 25
$130.6M
$314.1M
Q2 25
$111.0M
$327.4M
Q1 25
$90.4M
$317.6M
Q4 24
$76.1M
$313.9M
Q3 24
$84.8M
$318.2M
Q2 24
$136.2M
$319.5M
Total Debt
NHC
NHC
UCTT
UCTT
Q1 26
$601.9M
Q4 25
$40.0M
$481.4M
Q3 25
$73.1M
Q2 25
$110.0M
Q1 25
$134.0M
Q4 24
$137.0M
$499.7M
Q3 24
$147.0M
Q2 24
Stockholders' Equity
NHC
NHC
UCTT
UCTT
Q1 26
$702.1M
Q4 25
$1.1B
$711.0M
Q3 25
$1.1B
$709.9M
Q2 25
$1.0B
$719.4M
Q1 25
$1.0B
$872.0M
Q4 24
$980.2M
$873.6M
Q3 24
$983.5M
$857.9M
Q2 24
$945.8M
$852.3M
Total Assets
NHC
NHC
UCTT
UCTT
Q1 26
$1.9B
Q4 25
$1.5B
$1.7B
Q3 25
$1.6B
$1.7B
Q2 25
$1.6B
$1.7B
Q1 25
$1.5B
$1.9B
Q4 24
$1.5B
$1.9B
Q3 24
$1.6B
$1.9B
Q2 24
$1.3B
$1.9B
Debt / Equity
NHC
NHC
UCTT
UCTT
Q1 26
0.86×
Q4 25
0.04×
0.68×
Q3 25
0.07×
Q2 25
0.11×
Q1 25
0.13×
Q4 24
0.14×
0.57×
Q3 24
0.15×
Q2 24

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
UCTT
UCTT
Operating Cash FlowLast quarter
$16.8M
Free Cash FlowOCF − Capex
$6.4M
FCF MarginFCF / Revenue
1.7%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
0.68×
TTM Free Cash FlowTrailing 4 quarters
$148.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NHC
NHC
UCTT
UCTT
Q1 26
Q4 25
$16.8M
$8.1M
Q3 25
$66.2M
$100.0K
Q2 25
$62.8M
$29.2M
Q1 25
$39.3M
$28.2M
Q4 24
$12.8M
$17.1M
Q3 24
$34.2M
$14.9M
Q2 24
$50.7M
$23.2M
Free Cash Flow
NHC
NHC
UCTT
UCTT
Q1 26
Q4 25
$6.4M
$-2.0M
Q3 25
$56.5M
$-10.9M
Q2 25
$52.6M
$12.4M
Q1 25
$33.1M
$15.8M
Q4 24
$4.6M
$-200.0K
Q3 24
$28.6M
$-300.0K
Q2 24
$42.8M
$10.2M
FCF Margin
NHC
NHC
UCTT
UCTT
Q1 26
Q4 25
1.7%
-0.4%
Q3 25
14.8%
-2.1%
Q2 25
14.0%
2.4%
Q1 25
8.9%
3.0%
Q4 24
1.3%
-0.0%
Q3 24
8.4%
-0.1%
Q2 24
14.2%
2.0%
Capex Intensity
NHC
NHC
UCTT
UCTT
Q1 26
Q4 25
2.7%
2.0%
Q3 25
2.5%
2.2%
Q2 25
2.7%
3.2%
Q1 25
1.6%
2.4%
Q4 24
2.2%
3.1%
Q3 24
1.7%
2.8%
Q2 24
2.6%
2.5%
Cash Conversion
NHC
NHC
UCTT
UCTT
Q1 26
Q4 25
0.68×
Q3 25
1.69×
Q2 25
2.65×
Q1 25
1.22×
Q4 24
2.10×
1.05×
Q3 24
0.80×
Q2 24
1.89×
1.21×

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%

UCTT
UCTT

Products$465.7M87%
Services$68.0M13%

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