NATIONAL HEALTHCARE CORP
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $120.0M | $101.9M | $66.8M | $22.4M | $138.6M | $41.9M | $68.2M | $59.0M |
| Depreciation & Amortization | $44.9M | $42.0M | $42.0M | $40.5M | $40.7M | $42.0M | $42.4M | $41.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $4.4M | $4.2M | $2.8M | $2.6M | $2.6M | $2.5M | $1.9M | $1.8M |
| Net Cash from Operating Activities | $185.1M | $107.3M | $111.2M | $8.7M | $62.4M | $203.3M | $100.1M | $98.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $36.4M | $27.6M | $27.9M | $30.2M | $39.4M | $21.9M | $26.4M | $29.8M |
| Business Acquisitions | — | — | $2.7M | $0 | $0 | — | — | — |
| Net Cash from Investing Activities | $-33.9M | $-236.7M | $-17.6M | $-6.0M | $-65.9M | $-63.9M | $-14.3M | $-33.7M |
| Financing Activities | ||||||||
| Dividends Paid | $38.7M | $37.0M | $35.6M | $34.6M | $32.0M | $31.9M | $31.2M | $29.8M |
| Stock Repurchases | $14.7M | $13.5M | $2.5M | $9.9M | $836.0K | $53.0K | $872.0K | $867.0K |
| Net Cash from Financing Activities | $-136.0M | $100.3M | $-42.5M | $-47.6M | $-35.3M | $-41.9M | $-79.7M | $-77.3M |
| Net Change in Cash | $15.3M | $-29.0M | $51.1M | $-44.9M | $-38.8M | $97.5M | $6.1M | $-12.5M |
| Free Cash Flow | $148.6M | $79.7M | $83.3M | $-21.5M | $23.0M | $181.4M | $73.7M | $68.7M |