15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $47M | $110M | 0.0% | 0.0% | — | $55M | $417M |
| 2024 | $46M | $119M | 0.0% | 0.0% | — | $55M | $128M |
| 2023 | $47M | $142M | 0.0% | 0.0% | — | $54M | $191M |
| 2022 | $38M | $71M | 0.0% | 0.0% | — | $54M | $196M |
| 2021 | $36M | $94M | 0.0% | 0.0% | — | $39M | $846M |
| 2020 | $32M | $89M | 0.0% | 0.0% | — | — | $606M |
| 2019 | — | $80M | — | — | — | — | $110M |
| 2018 | — | $61M | — | — | — | — | $110M |
| 2017 | — | $15M | — | — | — | — | $257M |
| 2016 | — | $23M | — | — | — | — | $153M |
| 2015 | — | $5M | — | — | -$43M | — | $166M |
| 2014 | — | $9M | — | — | -$4M | — | $257M |
| 2013 | — | $7M | — | — | -$32M | — | $189M |
| 2012 | — | -$543000 | — | — | -$172M | — | $769M |
| 2011 | — | $42M | — | — | -$41M | — | $1.6B |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $11M | $21M | 0.0% | 0.0% | — | $202M | $473M |
| Dec '25 | $14M | $16M | 0.0% | 0.0% | — | $55M | $417M |
| Sep '25 | $11M | $35M | 0.0% | 0.0% | — | $55M | $556M |
| Jun '25 | $11M | $34M | 0.0% | 0.0% | — | $54M | $296M |
| Mar '25 | $11M | $24M | 0.0% | 0.0% | — | $55M | $246M |
| Dec '24 | $11M | $28M | 0.0% | 0.0% | — | $55M | $128M |
| Sep '24 | $12M | $33M | 0.0% | 0.0% | — | $54M | $181M |
| Jun '24 | $12M | $26M | 0.0% | 0.0% | — | $54M | $145M |
| Mar '24 | $11M | $31M | 0.0% | 0.0% | — | $54M | $293M |
| Dec '23 | $10M | $33M | 0.0% | 0.0% | — | $54M | $191M |
| Sep '23 | $13M | $36M | 0.0% | 0.0% | — | $54M | $291M |
| Jun '23 | $13M | $33M | 0.0% | 0.0% | — | $54M | $324M |
| Mar '23 | $10M | $40M | 0.0% | 0.0% | — | $54M | $370M |
| Dec '22 | $11M | $17M | 0.0% | 0.0% | — | $54M | $196M |
| Sep '22 | $10M | $16M | 0.0% | 0.0% | — | $40M | $256M |
| Jun '22 | $8M | $20M | 0.0% | 0.0% | — | $40M | $448M |
| Mar '22 | $8M | $18M | 0.0% | 0.0% | — | $40M | $786M |
| Dec '21 | — | $23M | — | — | — | $39M | $846M |
| Sep '21 | — | $20M | — | — | — | — | $807M |
| Jun '21 | — | $24M | — | — | — | — | $1.0B |
How the market has priced NBHC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, National Bank Holdings Corp's revenue has grown 7.8% per year, and net income grown 4.3% per year. These are computed facts, not advice.
As of FY2025, National Bank Holdings Corp reported $55M of total debt against $417M of cash.
In FY2025, gross margin was —, operating margin —, and net margin 232.4%.
As of Jun '26, National Bank Holdings Corp traded at a price-to-earnings ratio of about 18.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.