stockrowNational 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) Operating margin
National Health Investors, Inc.'s operating margin over the twelve months to 30 June 2026 was 45.9%, down 6.2 percentage points from fiscal 2025 (52.1%). Over the past ten years it has ranged from 29.2% (fiscal 2022) to 71.8% (fiscal 2015); the current reading is higher than 27% of that period. That is above the Reit Healthcare Facilities industry median of 13.4% and above the Real Estate sector median of 16.6%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 52.1% | (2.59) |
| FY2024 | 54.7% | (0.72) |
| FY2023 | 55.4% | 26.17 |
| FY2022 | 29.2% | (15.44) |
| FY2021 | 44.7% | (22.63) |
| FY2020 | 67.3% | (1.12) |
| FY2019 | 68.4% | (0.89) |
| FY2018 | 69.3% | (1.70) |
| FY2017 | 71.0% | 5.84 |
| FY2016 | 65.2% | (6.63) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 41.1% | (4.20) |
| Mar 2026 | 45.3% | (2.24) |
| Dec 2025 | 47.5% | (3.73) |
| Sep 2025 | 51.3% | (5.39) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| LTC LTC Properties, Inc. compare | 128.8% |
| NHI National Health Investors, Inc. | 45.9% |
| SBRA Sabra Healthcare REIT, Inc. compare | 17.8% |
| HR Healthcare Realty Trust Incorporated compare | 12.9% |
| NHP National Healthcare Properties, Inc. compare | 11.2% |
| AHR American Healthcare REIT, Inc. compare | 6.18% |
| MPT Medical Properties Trust, Inc. compare | 3.72% |
| CTRE CareTrust REIT, Inc. compare | 0.00% |
| DHC Diversified Healthcare Trust compare | −2.30% |
| Reit Healthcare Facilities industry median | 13.4% |
| Real Estate sector median | 16.6% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on NHI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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