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
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National Health Investors, Inc. (NHI) Free cash flow
National Health Investors, Inc.'s free cash flow for fiscal 2025 was −$57.5M, compared with $56.0M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$57.6M. Over the past ten years it has ranged from −$190.4M (fiscal 2016) to $399.4M (fiscal 2021); the current reading is higher than 18% of that period. Free cash flow has fallen for 4 consecutive fiscal years. National Health Investors, Inc. ranks 14th of 17 Reit Healthcare Facilities companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | −$57.5M | — |
| FY2024 | $56.0M | (70.81%) |
| FY2023 | $191.9M | (44.09%) |
| FY2022 | $343.3M | (14.04%) |
| FY2021 | $399.4M | 157.57% |
| FY2020 | $155.1M | 4,013.96% |
| FY2019 | $3.8M | (93.74%) |
| FY2018 | $60.2M | 164.70% |
| FY2017 | $22.8M | — |
| FY2016 | −$190.4M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $18.6M | — |
| Mar 2026 | −$48.3M | — |
| Dec 2025 | −$85.5M | — |
| Sep 2025 | $57.5M | 8,183.57% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| HR Healthcare Realty Trust Incorporated compare | $1.1B |
| CTRE CareTrust REIT, Inc. compare | $501.0M |
| AHR American Healthcare REIT, Inc. compare | $421.7M |
| MPT Medical Properties Trust, Inc. compare | $258.8M |
| DHC Diversified Healthcare Trust compare | $182.3M |
| NHP National Healthcare Properties, Inc. compare | $56.3M |
| NHI National Health Investors, Inc. | −$57.6M |
| SBRA Sabra Healthcare REIT, Inc. compare | −$280.0M |
| LTC LTC Properties, Inc. compare | −$629.5M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on NHI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement