NRC HEALTH(NRC)Stock Analysis
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Rank #1,680 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
NRC Stock Analysis & AI Quality Score
AI stock analysis and institutional research for NRC HEALTH (NRC), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores NRC at 46.1/100 on a 32-signal composite quality model, placing it at rank #1,680 of 2,879 stocks — the bottom half of the AI-ranked universe. NRC scores in the top quartile across balance sheet strength (86.0). Areas of concern include earnings quality (11.7) and revenue scale (20.3), which score below median versus the broader universe. Shareholder dilution risk is elevated at 37.9/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), NRC HEALTH reports quarterly revenue of $34.8M, net income of $3.2M, an operating margin of 16.0%. Top institutional holders of NRC by reported 13-F value include KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT, MORGAN STANLEY, BlackRock,, based on the most recent SEC filings. NRC trades on the Nasdaq exchange and files with the SEC under CIK 70487. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NRC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for NRC HEALTH directly from SEC EDGAR. NRC HEALTH's 13F Pro composite quality score has ranged between 46 and 73 since 2021, currently 46.1 — a declining long-term trajectory across 28 quarterly and live scoring snapshots.
Revenue
Q1 2026
$34.8M
Net Income
Q1 2026
$3.2M
Free Cash Flow
Q1 2026
$5.3M
Operating Margin
Q1 2026
16.0%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-3.7% YoYNet Income
-20.0% YoYOperating Income
-12.1% YoYEPS (Diluted)
-16.8% YoYTotal Assets
+8.3% YoYTotal Debt
+57.4% YoYOp. Cash Flow
-9.2% YoY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $143.1M -3.7% | $148.6M -2.0% | $151.6M +2.4% | $148.0M +11.0% | $133.3M +4.1% | $128.0M |
| Net Income | $24.8M -20.0% | $31.0M -2.6% | $31.8M -15.1% | $37.5M | — | — |
| Operating Income | $35.2M -12.1% | $40.0M -14.0% | $46.5M -7.4% | $50.3M +17.8% | $42.7M -0.8% | $43.0M |
| EPS (Diluted) | $1.04 -16.8% | $1.25 -1.6% | $1.27 -13.0% | $1.46 +0.7% | $1.45 +15.1% | $1.26 |
| Total Assets | $132.5M +8.3% | $122.4M -6.2% | $130.5M -17.2% | $157.5M +18.1% | $133.4M +20.5% | $110.7M |
| Total Debt | $57.9M +57.4% | $36.8M +64.9% | $22.3M -16.2% | $26.6M -13.3% | $30.7M -10.4% | $34.3M |
| Operating Cash Flow | $34.6M -9.2% | $38.1M +5.1% | $36.3M -21.7% | $46.3M +14.0% | $40.6M -0.7% | $40.9M |
AI Insight: NRC Financial Trends
NRC Health's debt burden surged 124% from Q2 2024 to Q1 2026 while equity collapsed 68%, creating severe balance sheet deterioration despite stable revenue.
• Total debt exploded from $33M in Q2 2024 to $74M in Q1 2026, a 124% increase.
• Shareholder equity plummeted 68% from $40M in Q2 2024 to $13M in Q1 2026.
• Revenue remained relatively stable, fluctuating between $34M-$37M across the eight quarters.
• Operating income deteriorated from $9M in Q2 2024 to $2M in Q2 2025 before recovering to $6M in Q1 2026.
⚠ Operating cash flow turned negative in Q2 2025 at -$1M, first negative reading in the period.
⚠ Debt-to-equity ratio deteriorated dramatically as leverage increased while equity base eroded.
AI Insight: NRC Ratio Trends
Operating margin collapsed from 25.6% in Q1 2025 to 4.7% in Q2 2025, while debt-to-equity ratio surged from 0.83 to 5.48 over the period.
• Operating margin plummeted from 25.6% in Q1 2025 to 4.7% in Q2 2025 before partially recovering to 16.0% in Q1 2026.
• ROIC declined from 48.2% in Q2 2024 to 25.4% in Q1 2026, with a severe drop to 6.5% in Q2 2025.
• Debt-to-equity ratio increased dramatically from 0.83 in Q2 2024 to 5.48 in Q1 2026, indicating rising leverage.
⚠ Q2 2025 appears to contain significant one-off impacts given the severe margin and ROIC deterioration that quarter.
⚠ Leverage has quintupled since Q2 2024, reaching concerning levels above 5x debt-to-equity by Q1 2026.
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Available Research
13F Pro tracks comprehensive data for NRC HEALTH including:
Top Institutional Holders of NRC
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
$44.8M2,636,355 shMORGAN STANLEY
$17.0M1,001,880 shBlackRock, Inc.
$16.6M975,855 shVANGUARD CAPITAL MANAGEMENT LLC
$11.3M662,837 shDIMENSIONAL FUND ADVISORS LP
$8.3M489,740 shGEODE CAPITAL MANAGEMENT, LLC
$6.7M393,847 shRENAISSANCE TECHNOLOGIES LLC
$5.8M340,784 shSTATE STREET CORP
$5.2M300,748 shHOTCHKIS & WILEY CAPITAL MANAGEMENT LLC
$4.9M286,840 shNORTHERN TRUST CORP
$4.3M255,601 sh
| Fund | Value | Shares |
|---|---|---|
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | $44.8M | 2,636,355 |
| MORGAN STANLEY | $17.0M | 1,001,880 |
| BlackRock, Inc. | $16.6M | 975,855 |
| VANGUARD CAPITAL MANAGEMENT LLC | $11.3M | 662,837 |
| DIMENSIONAL FUND ADVISORS LP | $8.3M | 489,740 |
| GEODE CAPITAL MANAGEMENT, LLC | $6.7M | 393,847 |
| RENAISSANCE TECHNOLOGIES LLC | $5.8M | 340,784 |
| STATE STREET CORP | $5.2M | 300,748 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $4.9M | 286,840 |
| NORTHERN TRUST CORP | $4.3M | 255,601 |
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Popular Research
Is NRC a good stock to buy?
13F Pro's AI-powered analysis of NRC HEALTH (NRC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for NRC are available on the NRC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own NRC?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling NRC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of NRC HEALTH's investment landscape.