NHI

NATIONAL HEALTH INVESTORS INC
—

Company Information

Company Name
NATIONAL HEALTH INVESTORS INC
CIK
CIK0000877860
Category
Large accelerated filer
Ticker: Exchange
NHI: NYSE
Fiscal Year End
December 31
Owner Organization
05 Real Estate & Construction
SIC
6798
SIC Description
Real Estate Investment Trusts
Ticker
NHI

SEC filing data through

Insider Sentiment

Last purchase
2026-06-15
Last sale
—
Shares purchased (TTM)
2,390
Shares sold (TTM)
0
Buy ratio (TTM)100.0%

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
37,862,647
Shares outstanding
48,435,914
Ownership
78.17%
+7.22% Y/Y

Earnings Market Reaction

Filing date
2026-08-10
Price on filing date
—
1-month reaction
-4.41%
3-month reaction
…
Drift continued7/11 (64%)
Faded / reversed4/11 (36%)

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Real Estate
Land233231222209209202192181181181181181
Investment Building And Building Improvements--3,0562,8822,8802,8232,7512,6282,6232,5962,5942,589
Construction In Progress Gross191918128711118667
Property Plant And Equipment Gross3,2833,3993,2963,1043,0983,0322,9542,8202,8122,7832,7802,777
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment-716-844-822-802-781-761-742-724-706-691-673-656
Property Plant And Equipment Net2,5662,5552,4742,3032,3162,2702,2112,0972,1062,0932,1072,120
Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss209206203209253260269233241259245243
Cash And Cash Equivalents At Carrying Value3025208219135241615112217
Real Estate Heldforsale3144---0665511
Assets2,9642,8902,7972,6902,6962,7832,6142,4602,4772,4782,4882,499
Liabilities
Debt Longterm And Shortterm Combined Amount1,2751,2701,1641,1091,1191,2631,1461,1361,1361,1391,1351,144
Operating Lease Liability4-----------
Dividends Payable Current And Noncurrent454544444342413939393939
Deferred Revenue455444455565
Deferred Income Tax Liabilities Net1-----------
Liabilities1,3751,3571,2571,1921,1991,3381,2291,2131,2131,2111,2141,218
Redeemable Noncontrolling Interest Equity Carrying Amount1010109910109991010
Stockholders Equity
Common Stock Value000000000000
Additional Paid In Capital Common Stock1,9671,9201,9231,8761,8641,8051,7371,6011,6061,6061,6041,603
Retained Earnings Accumulated Deficit2,8432,7872,7472,7092,6762,6392,6052,5622,5332,4982,4672,435
Cumulative Dividends-3,238-3,193-3,149-3,104-3,060-3,018-2,976-2,935-2,895-2,856-2,817-2,778
Stockholders Equity1,5791,5151,5301,4811,4801,4261,3661,2381,2441,2481,2541,271
Minority Interest78898991010101011
Liabilities And Stockholders Equity2,9642,8902,7972,6902,6962,7832,6142,4602,4772,4782,4882,499
Variable Interest Entity Primary Beneficiary119502403-99-4503506-1-2510513-
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest151515151719201916151516
Common Stock Par Or Stated Value Per Share0.010.010.010.010.010.010.010.010.010.010.010.01
Common Stock Shares Authorized100100100100100100100100100100100100
Common Stock Shares Issued494848484747464443434343
Shares Outstanding484848464646464343434343
Deferred Rent Receivables Net757979788988878685848584
Other Assets522118191930232324262425
Accounts Payable And Accrued Liabilities Current And Noncurrent463844-3533293833-33273429

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NATIONAL HEALTH INVESTORS INC (NHI) — SEC Financial Statements & Analysis

NATIONAL HEALTH INVESTORS INC (NHI) is a real estate investment trusts company, incorporated in MD. NATIONAL HEALTH INVESTORS INC trades on NYSE as: NHI. NATIONAL HEALTH INVESTORS INC (NHI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-10. Based on that filing, NATIONAL HEALTH INVESTORS INC carries a market cap of $3.69B, a P/E ratio of 22.19x, a P/B ratio of 2.34x, a P/S ratio of 27.07x, an enterprise value of $3.64B, and an EV/EBITDA multiple of 15.39x. On profitability, it posts a gross margin of 56.85%, an operating margin of 41.10%, a net margin of 122.00%, a Return on Equity (ROE) of 10.89%, and a Return on Invested Capital (ROIC) of 11.12%. Per share, it reports EPS of $3.44, diluted EPS of $3.43, free cash flow per share of $-2.57, and a dividend per share of $3.62. Over the trailing year, it posted revenue growth of 3.94% year-over-year, net income growth of 16.34% year-over-year, and EPS growth of 12.16% year-over-year. On the balance sheet, it maintains an interest coverage ratio of 10.27x, free cash flow of $-124.29M (TTM), and net debt of $-50.43M. Figures sourced from SEC EDGAR.

Market Cap
$3.69B
P/E TTM
22.19x
EPS TTM
$3.44
P/B TTM
2.34x
ROE TTM
10.89%
Free Cash Flow TTM
$-124.29M
Net Revenue TTM Growth 1Y
3.94%

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is NATIONAL HEALTH INVESTORS INC in?

NATIONAL HEALTH INVESTORS INC (NHI) operates in the Real Estate Investment Trusts industry.

What exchange does NHI trade on?

NATIONAL HEALTH INVESTORS INC (NHI) trades on the NYSE.

Where is NATIONAL HEALTH INVESTORS INC incorporated?

NATIONAL HEALTH INVESTORS INC is incorporated in MD.

When was NATIONAL HEALTH INVESTORS INC (NHI)'s most recent SEC filing?

NATIONAL HEALTH INVESTORS INC (NHI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-10.

What is NHI's market cap?

NATIONAL HEALTH INVESTORS INC (NHI) has a market capitalization of $3.69B as of 2026-06-30.

What is NHI's P/E ratio?

NATIONAL HEALTH INVESTORS INC (NHI)'s trailing twelve month P/E ratio is 22.19x as of 2026-06-30.

What is NHI's EPS (earnings per share)?

NATIONAL HEALTH INVESTORS INC (NHI)'s trailing twelve month EPS is $3.44 as of 2026-06-30.

What is NHI's ROE (return on equity)?

NATIONAL HEALTH INVESTORS INC (NHI)'s trailing twelve month Return on Equity (ROE) is 10.89% as of 2026-06-30.

What is NHI's ROIC (return on invested capital)?

NATIONAL HEALTH INVESTORS INC (NHI)'s trailing twelve month Return on Invested Capital (ROIC) is 11.12% as of 2026-06-30.

What is NHI's EV/EBITDA?

NATIONAL HEALTH INVESTORS INC (NHI)'s trailing twelve month EV/EBITDA is 15.39x as of 2026-06-30.

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