NHI
National Health Investors, Inc.
$75.33
-0.81
(-1.06%)
Mkt Cap
3.65B
Volume
182,546
52W Range
67.94-91.38
Sector
Real Estate
Beta
0.54
EPS (TTM)
3.11
P/E Ratio
24.22
Revenue (TTM)
402.91M
Rev Growth (5Y)
+2.6%
EPS Growth (5Y)
+0.0%
AlphaVal · Fair Value
What we estimate one share is worth
$76.61
Fair Value
weak signal
1.7% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
B-
Real Estate Investment Trust
63.6 / 100 composite
A real-estate investment trust — graded A–F vs. similar companies.
Company Description
Established in 1991, National Health Investors, Inc. (NYSE: NHI) operates as a real estate investment trust (REIT) primarily focused on providing capital for senior living and medical real estate assets. The company facilitates this through diverse financing options, including sale-leaseback arrangements, joint ventures, and various debt instruments such as mortgage and mezzanine loans, targeting properties that cater to both essential care needs and discretionary services. NHI's broad holdings feature independent living, assisted living, and memory care facilities, as well as entrance-fee retirement communities, skilled nursing homes, medical office complexes, and specialized hospitals.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 378.53M | 335.18M | 319.83M | 278.19M | 298.71M | 332.81M | 318.08M | 294.61M | 278.66M | 248.50M | 228.99M | 177.51M |
| Net Income | 142.18M | 137.99M | 135.65M | 66.40M | 111.80M | 185.13M | 160.46M | 154.33M | 159.37M | 151.54M | 148.86M | 101.61M |
| EPS | 3.03 | 3.14 | 3.13 | 0.52 | 1.36 | 3.03 | 2.40 | 3.68 | 3.90 | 3.88 | 3.96 | 3.04 |
| Free Cash Flow | 220.26M | 192.44M | 180.71M | 180.71M | 210.79M | 231.99M | 222.96M | 60.22M | 21.98M | (189.79M) | 49.91M | (409.63M) |
| FCF / Share | 4.70 | 4.39 | 4.16 | 4.04 | 4.61 | 5.19 | 5.14 | 1.44 | 0.54 | -4.86 | 1.33 | -12.27 |
| Operating CF | 240.23M | 208.17M | 184.45M | 185.34M | 210.86M | 232.15M | 240.96M | 207.87M | 197.32M | 177.22M | 164.43M | 126.14M |
| Total Assets | 2.80B | 2.61B | 2.49B | 2.51B | 2.84B | 3.12B | 3.04B | 2.75B | 2.55B | 2.40B | 2.15B | 1.98B |
| Total Debt | 1.16B | 1.15B | 1.14B | 1.15B | 1.25B | 1.51B | 1.44B | 1.29B | 1.17B | 1.14B | 947.53M | 884.37M |
| Cash & Equiv | 19.62M | 24.29M | 22.35M | 19.29M | 37.41M | 43.34M | 5.21M | 4.66M | 3.06M | 4.83M | 13.29M | 3.29M |
| Book Value | 1.52B | 1.37B | 1.25B | 1.27B | 1.51B | 1.51B | 1.50B | 1.39B | 1.32B | 1.21B | 1.13B | 1.04B |
| Return on Equity | 0.09 | 0.10 | 0.11 | 0.05 | 0.07 | 0.12 | 0.11 | 0.11 | 0.12 | 0.13 | 0.13 | 0.10 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 115.86M | 106.55M | 89.85M | 90.66M | 89.30M | 85.75M | 82.94M | 84.97M | 81.51M | 79.47M | 80.11M | 77.88M |
| Net Income | 40.10M | 38.16M | 32.86M | 36.99M | 34.16M | 43.24M | 28.54M | 35.26M | 30.95M | 32.05M | 29.35M | 39.78M |
| EPS | 0.83 | 0.80 | 0.69 | 0.79 | 0.75 | 0.96 | 0.66 | 0.81 | 0.71 | 0.74 | 0.68 | 0.92 |
| Free Cash Flow | 50.55M | 59.27M | 57.56M | 58.72M | 44.71M | 51.56M | 43.95M | 58.23M | 38.70M | 52.04M | 48.60M | 48.25M |
| FCF / Share | 1.05 | 1.26 | 1.21 | 1.26 | 0.98 | 1.14 | 1.01 | 1.34 | 0.89 | 1.20 | 1.12 | 1.11 |
| Operating CF | 53.44M | 69.39M | 62.60M | 61.34M | 46.89M | 57.57M | 48.63M | 60.98M | 40.99M | 53.20M | 49.70M | 50.50M |
| Total Assets | 2.89B | 2.80B | 2.69B | 2.70B | 2.78B | 2.61B | 2.46B | 2.48B | 2.48B | 2.49B | 2.50B | 2.50B |
| Total Debt | 1.27B | 1.16B | 1.11B | 1.12B | 1.26B | 1.15B | 1.14B | 1.14B | 1.14B | 1.14B | 1.14B | 1.13B |
| Cash & Equiv | 24.95M | 19.62M | 81.62M | 18.64M | 135.00M | 24.29M | 15.55M | 14.77M | 11.36M | 22.35M | 16.58M | 17.41M |
| Book Value | 1.51B | 1.52B | 1.48B | 1.48B | 1.43B | 1.37B | 1.23B | 1.24B | 1.25B | 1.25B | 1.26B | 1.27B |
| Return on Equity | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.03 | 0.02 | 0.03 | 0.02 | 0.03 |
NHI News
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