Pricing Log in Create free account
Saturday 7 November 2026 Export NHI’s income statement to Excel — free account

National Health Investors, Inc.

NHI Real Estate Reit Healthcare Facilities

National Health Investors, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $375.6 million, up 12.1% from fiscal 2024.

Revenue
+33.8%
EPS
+45.6%
Free cash flow
+2,585.5%
Total debt
+13.9%

Quarter to June 2026, against a year earlier

71.11 0.47 −0.66%
Market cap
$3.5B
P/E
20.5×
Fwd P/E
16.5×
Dividend yield
5.20%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

National Health Investors, Inc. (NHI) Current ratio

Alert me on Current ratio

National Health Investors, Inc.'s current ratio at the end of the quarter to 30 June 2026 was 6.8×, down 0.1× from fiscal 2025 (6.9×). Over the past ten years it has ranged from 6.9× (fiscal 2025) to 18.7× (fiscal 2021) — the current reading is the lowest in ten years. That is above the Reit Healthcare Facilities industry median of 2.4× and above the Real Estate sector median of 1.2×.

Current ratio, annual

Embed this chart

Annual newest first

Period Current ratio Change
FY2025 6.9× (31.50%)
FY2024 10.1× (1.92%)
FY2023 10.3× (19.21%)
FY2022 12.7× (32.03%)
FY2021 18.7× 9.19%
FY2020 17.1× 4.48%
FY2019 16.4× (8.50%)
FY2018 17.9× 20.75%
FY2017 14.8× 47.05%
FY2016 10.1× (1.68%)

Quarterly newest first

Period Current ratio Change
Jun 2026 6.8× (17.33%)
Mar 2026 8.2× 14.25%
Dec 2025 7.2× (32.57%)
Sep 2025 10.6× (2.52%)
42 more quarters

Against its own ten years

Low 6.9× High 18.7×
Ten-year median 12.7×
Current reading's percentile 9

Current ratio against peers

Company Current ratio
LTC LTC Properties, Inc. compare 10.4×
NHI National Health Investors, Inc. 6.8×
DHC Diversified Healthcare Trust compare 5.3×
MPT Medical Properties Trust, Inc. compare 3.9×
CTRE CareTrust REIT, Inc. compare 3.1×
SBRA Sabra Healthcare REIT, Inc. compare 1.2×
NHP National Healthcare Properties, Inc. compare 0.8×
AHR American Healthcare REIT, Inc. compare 0.5×
HR Healthcare Realty Trust Incorporated compare 0.0×
Reit Healthcare Facilities industry median 2.4×
Real Estate sector median 1.2×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

More on NHI