National Healthcare (FRA:HTW) Total Operating Expense: €405 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:HTW National Healthcare Corp FRA:HTW
71 GF Score
Price €186.00
GF Value €111.35
! 5 Warning Signs
View Full Analysis

What is National Healthcare Total Operating Expense?

National Healthcare FRA:HTW -2.11% 71 Total Operating Expense is €405 Mil as of Jun. 2026. GuruFocus rates FRA:HTW with a GF Score™ of 71/100 and a GF Value™ of €111.35. The stock has 5 warning signs investors should review.

National Healthcare's Total Operating Expense for the three months ended in Jun. 2026 was €102 Mil. National Healthcare's Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was €405 Mil.

National Healthcare Total Operating Expense Related Terms

National Healthcare Total Operating Expense Historical Data

* Premium members only.

The historical data trend for National Healthcare's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

National Healthcare Total Operating Expense Chart

National Healthcare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.12 339.26 340.89 379.24 399.97

National Healthcare Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.09 101.48 102.61 99.04 101.72
FRA:HTW
71GF Score
National Healthcare Corp FRA:HTW
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Healthcare Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €405 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of €405 Mil mean?
National Healthcare (FRA:HTW) has a Total Operating Expense of €405 Mil as of Jun. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on National Healthcare and its competitors.
Is National Healthcare's Total Operating Expense too high?
National Healthcare's current Total Operating Expense is €405 Mil. Overall, National Healthcare has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does National Healthcare's Total Operating Expense compare to BKD and OPCH?
National Healthcare's Total Operating Expense of €405 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Healthcare Providers & Services company?
A good Total Operating Expense depends on the Healthcare Providers & Services industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on National Healthcare and its competitors. National Healthcare's current Total Operating Expense is €405 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Healthcare stock overvalued right now?
National Healthcare (FRA:HTW) has a current Total Operating Expense of €405 Mil. The stock's GF Value™ is €111.35, compared to a current price of €186.00 — trading 67% above its estimated fair value. The current Total Operating Expense is €405 Mil. National Healthcare's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For National Healthcare (FRA:HTW), the current Total Operating Expense is €405 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Healthcare (FRA:HTW) Overvalued in 2026?

Based on GuruFocus' analysis, National Healthcare stock appears to be overvalued. The current stock price of €186.00 is trading 67% above its estimated GF Value™ of €111.35.

Key valuation signals for FRA:HTW:

  • Total Operating Expense: €405 Mil
  • GF Value™: €111.35 vs. price of €186.00 (67% above fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the FRA:HTW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

National Healthcare Business Description

Other Exchanges NHC:USA
Address 100 East Vine Street, Murfreesboro, TN, USA, 37130
National Healthcare Corp provides long-term care facilities. Its principal business includes operating skilled nursing facilities, assisted living facilities, independent living facilities, and home care programs. The company's activities include providing sub-acute and post-acute skilled nursing care, intermediate nursing care, rehabilitative care, memory and Alzheimer's care, senior living services, and home health care services. In addition, the company also provides management services, accounting, and financial services, as well as insurance services to third-party operators of healthcare facilities. Its reportable segments include Inpatient services and Home care and hospice services. The majority of revenue is derived from the Inpatient services segment.
71GF Score

Get the complete analysis for FRA:HTW

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€186.00
Price
€111.35
GF Value