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Side-by-side financial comparison of National Healthcare Properties, Inc. (NHPAP) and RIGEL PHARMACEUTICALS INC (RIGL). Click either name above to swap in a different company.

National Healthcare Properties, Inc. is the larger business by last-quarter revenue ($84.5M vs $69.8M, roughly 1.2× RIGEL PHARMACEUTICALS INC). RIGEL PHARMACEUTICALS INC runs the higher net margin — 384.0% vs -27.0%, a 411.0% gap on every dollar of revenue. On growth, RIGEL PHARMACEUTICALS INC posted the faster year-over-year revenue change (21.2% vs -3.7%). Over the past eight quarters, RIGEL PHARMACEUTICALS INC's revenue compounded faster (53.7% CAGR vs -2.2%).

Primary Health Properties plc is a British real estate investment company headquartered in London, England. As of June 2025, the company owns and operates more than 500 primary healthcare facilities within the United Kingdom and Ireland. It is listed on the London Stock Exchange and is also a constituent of the FTSE 250 Index.

Rigel Pharmaceuticals Inc is a clinical-stage biotechnology company focused on developing and commercializing targeted small molecule therapies for autoimmune, inflammatory, and hematologic diseases. Its approved flagship product treats adult immune thrombocytopenia, with primary operations and core markets in the United States, addressing unmet medical needs for underserved patient groups.

NHPAP vs RIGL — Head-to-Head

Bigger by revenue
NHPAP
NHPAP
1.2× larger
NHPAP
$84.5M
$69.8M
RIGL
Growing faster (revenue YoY)
RIGL
RIGL
+24.9% gap
RIGL
21.2%
-3.7%
NHPAP
Higher net margin
RIGL
RIGL
411.0% more per $
RIGL
384.0%
-27.0%
NHPAP
Faster 2-yr revenue CAGR
RIGL
RIGL
Annualised
RIGL
53.7%
-2.2%
NHPAP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NHPAP
NHPAP
RIGL
RIGL
Revenue
$84.5M
$69.8M
Net Profit
$-22.8M
$268.1M
Gross Margin
36.5%
91.5%
Operating Margin
-7.8%
33.2%
Net Margin
-27.0%
384.0%
Revenue YoY
-3.7%
21.2%
Net Profit YoY
-33.9%
1769.2%
EPS (diluted)
$-0.92
$14.11

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
NHPAP
NHPAP
RIGL
RIGL
Q4 25
$84.5M
$69.8M
Q3 25
$86.0M
$69.5M
Q2 25
$85.3M
$101.7M
Q1 25
$86.4M
$53.3M
Q4 24
$87.7M
$57.6M
Q3 24
$88.9M
$55.3M
Q2 24
$88.8M
$36.8M
Q1 24
$88.3M
$29.5M
Net Profit
NHPAP
NHPAP
RIGL
RIGL
Q4 25
$-22.8M
$268.1M
Q3 25
$-12.5M
$27.9M
Q2 25
$-20.8M
$59.6M
Q1 25
$-1.5M
$11.4M
Q4 24
$-17.0M
$14.3M
Q3 24
$-40.8M
$12.4M
Q2 24
$-116.9M
$-1.0M
Q1 24
$-15.6M
$-8.2M
Gross Margin
NHPAP
NHPAP
RIGL
RIGL
Q4 25
36.5%
91.5%
Q3 25
37.4%
93.2%
Q2 25
36.9%
95.6%
Q1 25
33.4%
91.7%
Q4 24
37.4%
89.9%
Q3 24
36.6%
85.5%
Q2 24
38.1%
92.4%
Q1 24
37.5%
93.1%
Operating Margin
NHPAP
NHPAP
RIGL
RIGL
Q4 25
-7.8%
33.2%
Q3 25
2.8%
40.9%
Q2 25
-6.5%
60.1%
Q1 25
15.1%
23.9%
Q4 24
-1.2%
28.9%
Q3 24
-23.5%
25.4%
Q2 24
-113.1%
1.2%
Q1 24
-1.3%
-23.6%
Net Margin
NHPAP
NHPAP
RIGL
RIGL
Q4 25
-27.0%
384.0%
Q3 25
-14.6%
40.2%
Q2 25
-24.4%
58.6%
Q1 25
-1.8%
21.5%
Q4 24
-19.4%
24.9%
Q3 24
-45.8%
22.5%
Q2 24
-131.6%
-2.8%
Q1 24
-17.6%
-27.9%
EPS (diluted)
NHPAP
NHPAP
RIGL
RIGL
Q4 25
$-0.92
$14.11
Q3 25
$-0.56
$1.46
Q2 25
$-0.85
$3.28
Q1 25
$-0.18
$0.63
Q4 24
$-0.72
$0.82
Q3 24
$-1.56
$0.70
Q2 24
$-4.24
$-0.06
Q1 24
$-0.67
$-0.47

Balance Sheet & Financial Strength

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

Metric
NHPAP
NHPAP
RIGL
RIGL
Cash + ST InvestmentsLiquidity on hand
$57.6M
$155.0M
Total DebtLower is stronger
$52.5M
Stockholders' EquityBook value
$600.1M
$391.5M
Total Assets
$1.7B
$513.6M
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NHPAP
NHPAP
RIGL
RIGL
Q4 25
$57.6M
$155.0M
Q3 25
$47.1M
$137.1M
Q2 25
$47.1M
$108.4M
Q1 25
$71.4M
$77.1M
Q4 24
$21.7M
$77.3M
Q3 24
$32.9M
$61.1M
Q2 24
$29.5M
$49.1M
Q1 24
$28.7M
$49.5M
Total Debt
NHPAP
NHPAP
RIGL
RIGL
Q4 25
$52.5M
Q3 25
$60.0M
Q2 25
$60.0M
Q1 25
$60.0M
Q4 24
$60.0M
Q3 24
$60.0M
Q2 24
$60.0M
Q1 24
$60.0M
Stockholders' Equity
NHPAP
NHPAP
RIGL
RIGL
Q4 25
$600.1M
$391.5M
Q3 25
$627.2M
$117.6M
Q2 25
$647.0M
$81.9M
Q1 25
$674.6M
$18.6M
Q4 24
$684.6M
$3.3M
Q3 24
$702.6M
$-14.6M
Q2 24
$756.7M
$-29.9M
Q1 24
$877.7M
$-31.7M
Total Assets
NHPAP
NHPAP
RIGL
RIGL
Q4 25
$1.7B
$513.6M
Q3 25
$1.7B
$242.5M
Q2 25
$1.8B
$206.7M
Q1 25
$1.8B
$176.0M
Q4 24
$1.9B
$164.0M
Q3 24
$2.0B
$139.4M
Q2 24
$2.1B
$128.4M
Q1 24
$2.1B
$126.5M
Debt / Equity
NHPAP
NHPAP
RIGL
RIGL
Q4 25
0.13×
Q3 25
0.51×
Q2 25
0.73×
Q1 25
3.23×
Q4 24
18.25×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
NHPAP
NHPAP
RIGL
RIGL
Operating Cash FlowLast quarter
$7.0M
$22.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NHPAP
NHPAP
RIGL
RIGL
Q4 25
$7.0M
$22.0M
Q3 25
$10.2M
$24.0M
Q2 25
$8.1M
$30.5M
Q1 25
$-21.2M
$-893.0K
Q4 24
$-79.8M
$14.5M
Q3 24
$-95.2M
$21.7M
Q2 24
$6.4M
$302.0K
Q1 24
$2.5M
$-5.0M
Cash Conversion
NHPAP
NHPAP
RIGL
RIGL
Q4 25
0.08×
Q3 25
0.86×
Q2 25
0.51×
Q1 25
-0.08×
Q4 24
1.01×
Q3 24
1.75×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NHPAP
NHPAP

Seniors Housing Communities$56.3M67%
Outpatient Medical Facilities$28.1M33%

RIGL
RIGL

Segment breakdown not available.

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