National Health Investors, Inc. (NHI)

72.03 -0.73% (-0.53)

Over 5Y: +57.9%

2026-08-28
40 60 80
2021 2022 2023 2024 2025 2026

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Revenue: 73.8M Q3 '21 — Operating Cash Flow: 49M Q3 '21 — Net Income: 30.8M Q4 '21 — Revenue: 69.7M Q4 '21 — Operating Cash Flow: 53.4M Q4 '21 — Net Income: 6.5M Q1 '22 — Revenue: 71.3M Q1 '22 — Operating Cash Flow: 38.7M Q1 '22 — Net Income: 8.4M Q2 '22 — Revenue: 59.9M Q2 '22 — Operating Cash Flow: 56.8M Q2 '22 — Net Income: 21.7M Q3 '22 — Revenue: 76.3M Q3 '22 — Operating Cash Flow: 43.5M Q3 '22 — Net Income: 34.5M Q4 '22 — Revenue: 70.7M Q4 '22 — Operating Cash Flow: 46.4M Q4 '22 — Net Income: 1.9M Q1 '23 — Revenue: 82.4M Q1 '23 — Operating Cash Flow: 31M Q1 '23 — Net Income: 34.5M Q2 '23 — Revenue: 77.9M Q2 '23 — Operating Cash Flow: 50.5M Q2 '23 — Net Income: 39.8M Q3 '23 — Revenue: 80.1M Q3 '23 — Operating Cash Flow: 49.7M Q3 '23 — Net Income: 29.3M Q4 '23 — Revenue: 79.5M Q4 '23 — Operating Cash Flow: 53.2M Q4 '23 — Net Income: 32M Q1 '24 — Revenue: 81.5M Q1 '24 — Operating Cash Flow: 40.8M Q1 '24 — Net Income: 30.9M Q2 '24 — Revenue: 85M Q2 '24 — Operating Cash Flow: 60.7M Q2 '24 — Net Income: 35.3M Q3 '24 — Revenue: 82.9M Q3 '24 — Operating Cash Flow: 48.6M Q3 '24 — Net Income: 28.5M Q4 '24 — Revenue: 85.8M Q4 '24 — Operating Cash Flow: 57.6M Q4 '24 — Free Cash Flow: -75.5M Q4 '24 — Net Income: 43.2M Q1 '25 — Revenue: 89.3M Q1 '25 — Operating Cash Flow: 46.5M Q1 '25 — Free Cash Flow: -38.7M Q1 '25 — Net Income: 34.2M Q2 '25 — Revenue: 90.7M Q2 '25 — Operating Cash Flow: 59.8M Q2 '25 — Net Income: 37M Q3 '25 — Revenue: 89.8M Q3 '25 — Operating Cash Flow: 62.5M Q3 '25 — Net Income: 32.9M Q4 '25 — Revenue: 105.8M Q4 '25 — Operating Cash Flow: 67.7M Q4 '25 — Free Cash Flow: -128.6M Q4 '25 — Net Income: 38.2M Q1 '26 — Revenue: 115.1M Q1 '26 — Operating Cash Flow: 53.4M Q1 '26 — Free Cash Flow: -56M Q1 '26 — Net Income: 40.1M Q2 '26 — Revenue: 121.3M Q2 '26 — Operating Cash Flow: 65M Q2 '26 — Net Income: 55.7M -100M -50M 0 50M 100M 150M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

5.3
Oper. margin 32.3%
ROIC 3.9%
OE margin -12.0%
Accruals -2.8%
OCF margin 57.5%
OCF / EBIT 1.8×
ROA 5.6%
ROE 10.6%
FCF margin -10.5%
Gross margin —
ROCE —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

4.9
Segment HHI 0.66 HHI
RPO / sales —
RPO growth —

2 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.8
ND/EBITDA —
F-score 6.0 pts
Debt / Eq 0.81×
Net debt / Eq 0.79×
Cash / Debt 0.024×
Payout 105.3%
Cash runway —
Current ratio —
Debt payback —
Quick ratio —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.5
Sales/sh Y/Y +16.2%
EBIT CAGR +46.9%
Sales Q/Q +33.8%
Div. growth +8.4%
EBIT Y/Y +8.9%
EPS CAGR 4Y +5.5%
EPS Y/Y +9.4%
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.