National Health Investors Reit Inc (NHI) financials
National Health Investors Reit revenue and earnings by year
National Health Investors Reit's revenue was $376 million in the fiscal year to December 31, 2025, up 12.1% from the year before. Net income was $142 million, 37.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 4.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 376 | 335 | 320 | 278 | 299 | 333 | 318 | 295 | 279 | 248 |
| Revenue growth | 12.1% | 4.8% | 15.0% | -6.9% | -10.2% | 4.6% | 8.0% | 5.7% | 12.2% | — |
| Operating income | 194 | 183 | 177 | 81 | 133 | 225 | 220 | 209 | 198 | 178 |
| Operating margin | 51.7% | 54.7% | 55.4% | 29.2% | 44.7% | 67.6% | 69.2% | 71.0% | 71.0% | 71.5% |
| Net income | 142 | 138 | 136 | 66 | 112 | 185 | 160 | 154 | 159 | 152 |
| Net margin | 37.9% | 41.2% | 42.4% | 23.9% | 37.4% | 55.6% | 50.4% | 52.4% | 57.2% | 61.0% |
| Diluted EPS | $3.02 | $3.13 | $3.13 | $1.48 | $2.44 | $4.14 | $3.67 | $3.67 | $3.87 | $3.87 |
| Free cash flow | 217 | 194 | 139 | 27 | 22 | 155 | 4 | 60 | 23 | -190 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open NHI in Markets.
See also: NHI valuation and P/E history · NHI returns
No forecast, no recommendation. This page describes National Health Investors Reit Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.