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Side-by-side financial comparison of NATIONAL RESEARCH CORP (NRC) and UNIVERSAL HEALTH REALTY INCOME TRUST (UHT). Click either name above to swap in a different company.

NATIONAL RESEARCH CORP is the larger business by last-quarter revenue ($35.2M vs $24.5M, roughly 1.4× UNIVERSAL HEALTH REALTY INCOME TRUST). UNIVERSAL HEALTH REALTY INCOME TRUST runs the higher net margin — 17.7% vs 5.1%, a 12.6% gap on every dollar of revenue. On growth, UNIVERSAL HEALTH REALTY INCOME TRUST posted the faster year-over-year revenue change (-0.7% vs -4.6%). Over the past eight quarters, NATIONAL RESEARCH CORP's revenue compounded faster (-0.2% CAGR vs -1.3%).

National Research Corporation, doing business as NRC Health, is an American healthcare company which provides healthcare products and subscription-based solutions in United States and Canada. It was founded in 1981, and is based in Lincoln, Nebraska.

Universal Health Services, Inc. (UHS) is an American Fortune 500 company that provides hospital and healthcare services, based in King of Prussia, Pennsylvania. In 2024, UHS reported total revenues of $15.8 billion.

NRC vs UHT — Head-to-Head

Bigger by revenue
NRC
NRC
1.4× larger
NRC
$35.2M
$24.5M
UHT
Growing faster (revenue YoY)
UHT
UHT
+4.0% gap
UHT
-0.7%
-4.6%
NRC
Higher net margin
UHT
UHT
12.6% more per $
UHT
17.7%
5.1%
NRC
Faster 2-yr revenue CAGR
NRC
NRC
Annualised
NRC
-0.2%
-1.3%
UHT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NRC
NRC
UHT
UHT
Revenue
$35.2M
$24.5M
Net Profit
$1.8M
$4.3M
Gross Margin
Operating Margin
13.3%
34.7%
Net Margin
5.1%
17.7%
Revenue YoY
-4.6%
-0.7%
Net Profit YoY
-72.6%
-7.2%
EPS (diluted)
$49.58
$0.32

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
NRC
NRC
UHT
UHT
Q4 25
$35.2M
$24.5M
Q3 25
$34.6M
$25.3M
Q2 25
$34.0M
$24.9M
Q1 25
$33.6M
$24.5M
Q4 24
$36.9M
$24.6M
Q3 24
$35.8M
$24.5M
Q2 24
$35.0M
$24.7M
Q1 24
$35.3M
$25.1M
Net Profit
NRC
NRC
UHT
UHT
Q4 25
$1.8M
$4.3M
Q3 25
$4.1M
$4.0M
Q2 25
$-106.0K
$4.5M
Q1 25
$5.8M
$4.8M
Q4 24
$6.6M
$4.7M
Q3 24
$5.7M
$4.0M
Q2 24
$6.2M
$5.3M
Q1 24
$6.4M
$5.3M
Operating Margin
NRC
NRC
UHT
UHT
Q4 25
13.3%
34.7%
Q3 25
22.4%
33.2%
Q2 25
4.7%
35.6%
Q1 25
25.6%
36.8%
Q4 24
26.0%
37.6%
Q3 24
22.3%
34.7%
Q2 24
25.3%
38.7%
Q1 24
24.8%
37.6%
Net Margin
NRC
NRC
UHT
UHT
Q4 25
5.1%
17.7%
Q3 25
11.9%
15.9%
Q2 25
-0.3%
18.1%
Q1 25
17.2%
19.5%
Q4 24
17.8%
18.9%
Q3 24
15.9%
16.3%
Q2 24
17.6%
21.3%
Q1 24
18.0%
21.1%
EPS (diluted)
NRC
NRC
UHT
UHT
Q4 25
$49.58
$0.32
Q3 25
$0.18
$0.29
Q2 25
$-0.01
$0.32
Q1 25
$0.25
$0.34
Q4 24
$0.27
$0.34
Q3 24
$0.24
$0.29
Q2 24
$0.26
$0.38
Q1 24
$0.27
$0.38

Balance Sheet & Financial Strength

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

Metric
NRC
NRC
UHT
UHT
Cash + ST InvestmentsLiquidity on hand
$4.1M
$6.7M
Total DebtLower is stronger
$374.8M
Stockholders' EquityBook value
$14.0M
$152.4M
Total Assets
$134.9M
$564.9M
Debt / EquityLower = less leverage
2.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRC
NRC
UHT
UHT
Q4 25
$4.1M
$6.7M
Q3 25
$2.2M
$6.9M
Q2 25
$5.3M
$6.6M
Q1 25
$2.5M
$7.0M
Q4 24
$4.2M
$7.1M
Q3 24
$3.5M
$6.4M
Q2 24
$485.0K
$5.6M
Q1 24
$1.7M
$7.7M
Total Debt
NRC
NRC
UHT
UHT
Q4 25
$374.8M
Q3 25
Q2 25
Q1 25
Q4 24
$368.4M
Q3 24
$48.7M
Q2 24
$33.3M
Q1 24
$35.2M
Stockholders' Equity
NRC
NRC
UHT
UHT
Q4 25
$14.0M
$152.4M
Q3 25
$14.3M
$158.6M
Q2 25
$21.3M
$165.2M
Q1 25
$29.7M
$172.2M
Q4 24
$31.3M
$179.5M
Q3 24
$34.6M
$181.6M
Q2 24
$40.2M
$190.7M
Q1 24
$36.9M
$196.5M
Total Assets
NRC
NRC
UHT
UHT
Q4 25
$134.9M
$564.9M
Q3 25
$135.7M
$568.0M
Q2 25
$141.4M
$573.0M
Q1 25
$135.2M
$573.5M
Q4 24
$132.5M
$580.9M
Q3 24
$131.8M
$584.3M
Q2 24
$119.1M
$586.6M
Q1 24
$120.9M
$596.2M
Debt / Equity
NRC
NRC
UHT
UHT
Q4 25
2.46×
Q3 25
Q2 25
Q1 25
Q4 24
2.05×
Q3 24
1.41×
Q2 24
0.83×
Q1 24
0.95×

Cash Flow & Capital Efficiency

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

Metric
NRC
NRC
UHT
UHT
Operating Cash FlowLast quarter
$7.2M
$49.1M
Free Cash FlowOCF − Capex
$6.1M
FCF MarginFCF / Revenue
17.2%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
3.99×
11.35×
TTM Free Cash FlowTrailing 4 quarters
$15.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NRC
NRC
UHT
UHT
Q4 25
$7.2M
$49.1M
Q3 25
$13.8M
$10.2M
Q2 25
$-1.1M
$13.7M
Q1 25
$6.6M
$11.6M
Q4 24
$6.4M
$46.9M
Q3 24
$9.4M
$9.9M
Q2 24
$6.8M
$12.1M
Q1 24
$12.0M
$11.7M
Free Cash Flow
NRC
NRC
UHT
UHT
Q4 25
$6.1M
Q3 25
$10.2M
Q2 25
$-4.1M
Q1 25
$3.7M
Q4 24
$1.9M
Q3 24
$7.8M
Q2 24
$1.5M
Q1 24
$7.9M
FCF Margin
NRC
NRC
UHT
UHT
Q4 25
17.2%
Q3 25
29.4%
Q2 25
-12.2%
Q1 25
10.9%
Q4 24
5.2%
Q3 24
21.8%
Q2 24
4.3%
Q1 24
22.4%
Capex Intensity
NRC
NRC
UHT
UHT
Q4 25
3.2%
Q3 25
10.4%
Q2 25
8.8%
Q1 25
8.9%
Q4 24
12.0%
Q3 24
4.5%
Q2 24
15.0%
Q1 24
11.7%
Cash Conversion
NRC
NRC
UHT
UHT
Q4 25
3.99×
11.35×
Q3 25
3.34×
2.54×
Q2 25
3.05×
Q1 25
1.15×
2.43×
Q4 24
0.97×
10.06×
Q3 24
1.66×
2.48×
Q2 24
1.10×
2.30×
Q1 24
1.89×
2.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NRC
NRC

Segment breakdown not available.

UHT
UHT

Reportable Segment Aggregation Before Other Operating Segment$23.1M94%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$2.3M9%

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