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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) EV/Sales

Alert me on EV/Sales

As of 6 November 2026, National Health Investors, Inc. (NHI) trades at a EV/Sales of 10.8×. Over the past ten years it has ranged from 9.1× (March 2020) to 19.2× (January 2015); the current reading is higher than 4% of that period. That is above the Reit Healthcare Facilities industry median of 8.1× and above the Real Estate sector median of 7.4×.

EV/Sales, daily

Embed this chart

Annual newest first

Period EV/Sales Change
FY2025 12.6× 1.33%
FY2024 12.4× 12.52%
FY2023 11.0× (12.16%)
FY2022 12.6× (2.12%)
FY2021 12.8× (6.10%)
FY2020 13.7× (12.60%)
FY2019 15.6× 3.61%
FY2018 15.1× (0.86%)
FY2017 15.2× (5.94%)
FY2016 16.2× 16.13%

Quarterly newest first

Period EV/Sales Change
Jun 2026 11.4× (10.96%)
Mar 2026 12.8× 2.05%
Dec 2025 12.6× (6.81%)
Sep 2025 13.5× 7.57%
42 more quarters

Against its own ten years

Low 9.1× High 19.2×
Ten-year median 13.7×
Current reading's percentile 5

EV/Sales against peers

Company EV/Sales
DHC Diversified Healthcare Trust compare 3.0×
NHP National Healthcare Properties, Inc. compare 4.0×
AHR American Healthcare REIT, Inc. compare 5.1×
HR Healthcare Realty Trust Incorporated compare 5.8×
LTC LTC Properties, Inc. compare 8.1×
SBRA Sabra Healthcare REIT, Inc. compare 8.5×
MPT Medical Properties Trust, Inc. compare 9.4×
NHI National Health Investors, Inc. 10.8×
CTRE CareTrust REIT, Inc. compare 17.5×
Reit Healthcare Facilities industry median 8.1×
Real Estate sector median 7.4×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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