NHI
National Health Investors Inc
NYSE: NHI · REAL ESTATE · REIT - HEALTHCARE FACILITIES
$76.53
-0.12% today
Updated 2026-04-29
Market cap
$3.71B
P/E ratio
25.34
P/S ratio
9.78x
EPS (TTM)
$3.02
Dividend yield
4.75%
52W range
$66 – $90
Volume
0.3M
National Health Investors Inc (NHI) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $57.80M | $66.53M | $67.13M | $69.21M | $77.54M | $76.85M | $86.27M | $104.19M | $126.14M | $164.43M | $177.22M | $197.32M | $207.87M | $240.96M | $232.15M | $210.86M | $185.34M | $184.45M | $208.17M | $240.23M |
| Capital expenditures | $2.50M | $2.49M | $4.05M | $81.57M | $98.74M | $75.81M | $92.85M | $633.72M | $535.77M | $114.52M | $367.01M | $175.34M | $147.65M | $237.19M | $102.87M | $64000.00 | $6.36M | $3.74M | $15.73M | $19.97M |
| Depreciation | $11.81M | $11.72M | $7.94M | $8.62M | $11.20M | $11.99M | $16.98M | $20.91M | $40.69M | $56.63M | $63.13M | $72.96M | $75.79M | $76.82M | $83.15M | $80.80M | $70.88M | $69.97M | $71.44M | — |
| Stock-based comp | — | — | $7000.00 | $853000.00 | $2.37M | $3.09M | $2.17M | $2.34M | $2.02M | $2.13M | $1.73M | $2.61M | $2.49M | $3.65M | $3.06M | $8.41M | $8.61M | $4.61M | $4.18M | $5.58B |
| Free cash flow | $55.31M | $64.04M | $63.09M | $-12.36M | $-21.19M | $1.05M | $-6.58M | $-529.52M | $-409.63M | $49.91M | $-189.79M | $21.98M | $60.22M | $3.77M | $129.28M | $210.79M | $178.98M | $180.71M | $192.44M | $220.26M |
| Investing cash flow | $47.17M | $21.43M | $52.17M | $-55.28M | $-92.03M | $-55.47M | $-99.81M | $-625.82M | $-540.32M | $-136.33M | $-329.84M | $-163.85M | $-250.29M | $-342.52M | $-89.71M | $185.28M | $197.94M | $-11.63M | $-192.31M | — |
| Financing cash flow | $-59.68M | $-171.42M | $-94.42M | $-68.46M | $-28.57M | $-8.16M | $6.83M | $523.77M | $406.15M | $-18.10M | $144.16M | $-35.05M | $44.26M | $107.32M | $-111.76M | $-402.99M | $-401.25M | $-169.72M | $-13.57M | — |
| Dividends paid | $52.55M | $67.44M | $85.52M | $64.55M | $66.52M | $67.89M | $78.92M | $85.14M | $100.65M | $124.66M | $138.30M | $153.04M | $165.39M | $179.74M | $194.58M | $182.90M | $161.77M | $156.24M | $156.51M | $169.70M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | $-43.05M | $13.22M | $-6.71M | $2.14M | $-8.03M | $10.00M | $-8.45M | $-1.57M | $1.84M | — | $30.67M | $-6.86M | $-17.97M | — | — | — |