NATIONAL HEALTH INVESTORS INC NHI

Latest FY: 2025 Real Estate REIT - Healthcare Facilities
Market Price $72.91
Market Cap $3.45B
P/E Ratio 24.14
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↑47.1% YoY
$80.06M
3-Yr CAGR: 30.8%
Net Income ↑3.0% YoY
$142.18M
Net Margin: 177.6%
Free Cash Flow ↓-215.3% YoY
-$57.47M
FCF Yield: -1.66%
EPS (Diluted) ↓-3.5% YoY
$3.02
Basic: $3.03
Return on Equity Efficiency
9.3%
ROA: 5.1%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (NHI)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $248.5M $205.4M $151.5M $3.87 $177.2M $-217.5M
FY 2017 $278.7M +12.1% $232.3M $159.4M +5.2% $3.87 0.0% $197.3M $21.5M +109.9%
FY 2018 $294.6M +5.7% $245.6M $154.3M -3.2% $3.67 -5.2% $207.9M $60.2M +179.7%
FY 2019 $318.1M +8.0% $261.8M $160.5M +4.0% $3.67 0.0% $241.0M $3.8M -93.7%
FY 2020 $332.8M +4.6% $279.9M $185.1M +15.4% $4.14 +12.8% $232.1M $115.4M +2,962.5%
FY 2021 $298.7M -10.2% $247.9M $111.8M -39.6% $2.44 -41.1% $210.9M $160.5M +39.1%
FY 2022 $35.8M -88.0% $35.8M $66.4M -40.6% $1.48 -39.3% $185.3M $174.3M +8.6%
FY 2023 $48.8M +36.4% $19.5M $135.7M +104.3% $3.13 +111.5% $184.4M $134.9M -22.6%
FY 2024 $54.4M +11.5% $54.4M $138.0M +1.7% $3.13 0.0% $207.8M $49.8M -63.1%
FY 2025 $80.1M +47.1% $22.7M $142.2M +3.0% $3.02 -3.5% $236.6M $-57.5M -215.3%
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Valuation

Market Price $72.91
Market Cap $3.45B
Enterprise Value N/A
P/E Ratio 24.14
P/B Ratio 2.32
FCF Yield -1.66%
Dividend Yield 4.99%
Shares Outstanding 48,471,100
%

Profitability & Margins

Gross Margin 28.35%
Operating Margin 177.58%
Net Margin 177.58%
Return on Equity (ROE) 9.34%
Return on Assets (ROA) 5.08%
Asset Turnover 0.03x
Revenue 3-Yr CAGR 30.78%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity N/A
Debt / Assets N/A
Cash & Equivalents $19.62M
Total Debt N/A
Book Value / Share $31.39
💧

Cash Flow Efficiency

Operating Cash Flow $236.56M
Capital Expenditures (CapEx) $294.03M
Free Cash Flow -$57.47M
OCF / Revenue 295.47%
FCF / Revenue -71.78%
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) $3.02
EPS (Basic) $3.03
Dividends / Share $3.64
Book Value / Share $31.39
EPS YoY Growth -3.51%
🏛️

Balance Sheet (FY 2025)

Total Assets $2.80B
Total Liabilities $1.26B
Stockholders' Equity $1.52B
Current Assets N/A
Current Liabilities N/A