National Health Investors, Inc. ROIC

ROIC of NHI for past 10 years: annual, quarterly and twelve month trailing (TTM) including ROIC growth rates and interactive chart. Return on invested capital (ROIC) is a calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. Calculated as Net Operating Profit After Tax or EBIT*(1-tax rate) divided by average invested capital. Invested capital is calculated as equity plus long-term and short-term debt minus cash and short-term investments. ROIC is often compared to the Weighted average cost of capital (WACC). If it's above it, it is said the company is creating value, if it's below it's destroying it. A company with after tax operating profit of $10 million and invested capital of $50 million will have a ROIC of 20%.

Highlights and Quick Summary

  • Annual ROIC for 2022 was 2.12% (a -30.94% decrease from previous year)
  • Annual ROIC for 2021 was 3.07% (a -34.96% decrease from previous year)
  • Annual ROIC for 2020 was 4.72% (a 1.72% increase from previous year)
  • Twelve month ROIC ending September 30, 2023 was 3.83% (a 9.12% increase compared to previous quarter)
  • Twelve month trailing ROIC increased by 80.66% year-over-year
Trailing ROIC for the last four month:
30 Sep '23 30 Jun '23 31 Mar '23 31 Dec '22
3.83% 3.51% 2.9% 2.12%
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Historical ROIC of National Health Investors, Inc.

Most recent ROICof NHI including historical data for past 10 years.

Interactive Chart of ROIC of National Health Investors, Inc.

National Health Investors, Inc. ROIC for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2022 2.12%
2021 3.07%
2020 4.72%
2019 4.64%
2018 4.79%
2017 5.02%
2016 4.36%
2015 5.03%
2014 4.24%
2013 3.85%
2012 6.74%

Business Profile of National Health Investors, Inc.

Sector: Real Estate
Industry: Reit Healthcare Facilities