NUTXNutex Health Inc.

$206.30+115% 1Y

Is the business good?

Good

A genuinely good business: 7 of 9 health tests passed, earnings fully cash-backed (1.0×), and margins widening.

3 good, 1 neutral
Fundamental health (F-score)7 / 9SEC EDGAR · Dec 31, 2025

High fundamental quality. Nine pass/fail tests of year-over-year health from the filings.

Profits arrive as cash0.97×derived · Jun 30, 2026

Operating profit is fully backed by cash. Conversion is improving vs a year ago.

Margin direction, 3 years+423.3 pts

Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.

Where ROE comes from12% ROA

Margin-driven, fat margins on slower asset turns. ROE 33% = margin × turnover × leverage.

Unless marked, from derived.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

FCF conversionbetter than 76% of the market
Leverage (Debt/EBITDA)top 5% of the market

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.

How good a business is NUTX?

Nutex Health Inc. keeps 43% of every revenue dollar as operating profit, against 9.3% for the median Medical Care Facilities name.

43%

Operating margin · Medical Care Facilities median 9.3% · 12 months to Q2 2026

Cash conversion
0.97×

Cash conversion · 0.45× a year ago · operating cash flow covers the operating profit after tax

Share count, year on year
+17%

Share count, year on year · shareholders own a smaller slice than a year ago

Gross margin
51%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY202056%
FY202151%
FY2022−185%
FY2023−13%
FY202427%
FY202531%
Details›
Gross margin12 months to Q2 2026
51%
Operating margin12 months to Q2 2026
43%
Net margin12 months to Q2 2026
21%
Free cash flow margin
32%
Revenue, trailing twelve months
$847M
Free cash flow, trailing twelve months
$274M
Net income, trailing twelve months
$180M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.