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Companies / Industrials / Nutex Health Inc.
NUTX

Nutex Health Inc.

IndustrialsBusiness Services
Ticker NUTXHOUSTON, TXFiscal year ends DecemberBook value per share $61.27Diluted shares 7.1M

Nutex Health Inc. (Nasdaq: NUTX) is a physician-led healthcare services and operations company that operates hospitals and manages provider networks. Its hospital division develops and operates micro-hospitals, specialty hospitals and hospital outpatient departments, providing emergency and inpatient care, behavioral… From the company’s description.

Over the twelve months to Sep 30, 2026, Nutex Health Inc. reported revenue of $796.53M, down 18.8% from a year earlier, and net income of $233.03M. Its operating margin was 39.0%, and operations generated $258.45M in cash. In fiscal 2025, it reported revenue of $875.26M, up 82.4% from fiscal 2024, and net income of $180.36M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$875.26MFY2025
+82.4% year over year
Last 12 mo $796.53M
31.49%FY2025
+4.3 percentage points
Last 12 mo 39.04%
$180.36MFY2025
+90.2% year over year
Last 12 mo $233.03M
21.49%FY2025
−22.5 percentage points
Last 12 mo 37.82%
Cash & financing
$248.13MFY2025
+971.6% year over year
Last 12 mo $258.45M
$245.60MFY2025
+1077.9% year over year
Last 12 mo $248.10M
0.97FY2025
Was 2.32× a year earlier
Last 12 mo 0.77
6.8MFY2025
+23.0% year over year
Last 12 mo 7.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Nutex Health Inc. does

In the company’s own words

Nutex Health Inc. (Nasdaq: NUTX) is a physician-led healthcare services and operations company that operates hospitals and manages provider networks. Its hospital division develops and operates micro-hospitals, specialty hospitals and hospital outpatient departments, providing emergency and inpatient care, behavioral health and ancillary services such as imaging, laboratory testing and pharmacy services. Patients include people receiving care at its facilities, with payments primarily from insurers, federal agencies and other third parties. Its population health management division establishes and manages independent physician associations (IPAs), whose networks provide care to enrolled patients under arrangements that include capitated payments; the division also provides administrative and management services to physician groups. Nutex reports three segments: hospital, population health management and real estate, which owns or holds interests in land and hospital buildings leased to operating facilities. In 2025, hospital division revenue was $844.2 million and population health management revenue was $31.1 million, out of total revenue of $875.3 million. At year-end 2025, Nutex operated 26 hospital facilities in 12 states and employed 944 full-time employees. Its website is https://www.nutexhealth.com.

Company details
Sector
Industrials
Industry (SIC)
Business Services
Headquarters
HOUSTON, TX
Fiscal year end
December
CIK
1479681
SIC
7389

Financial performance, year by year

Fiscal 2011–2025 · USD
$-563.54M$-171.14M$221.26M$613.66M$1.01B201120122013201520152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Nutex Health Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

154
funds hold it
0 of 35
superinvestors hold it
$179.18M
held by funds, at market
17.1%
of shares held by funds

Largest fund holders · Nutex Health Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
BEXIL INVESTMENT TRUST
BXSY · Bexil Investment Trust
2.95%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Nutex Health Inc. and its peers compare on margins and cash generation over ten years?”
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