NHI (National Health Investors, Inc.) Stock Financials & Earnings

NHINational Health Investors, Inc.

Mkt Cap$4B

Revenue (TTM)$376M

Net Income (TTM)$142M

EPS (TTM)$3.02

Free Cash Flow (TTM)$222M

Gross Margin79.0%

Op. Margin50.7%

Net Margin37.8%

FCF Margin59.0%

P/S Ratio (TTM)11.1x

P/E Ratio (TTM)29.5x

YoY Rev Growth+12.3%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$82M	$80M	$46M
Q2 23	$78M	$75M	$43M
Q3 23	$80M	$77M	$45M
Q4 23	$79M	$77M	$45M
Q1 24	$82M	$79M	$45M
Q2 24	$85M	$82M	$49M
Q3 24	$83M	$80M	$47M
Q4 24	$86M	$83M	$43M
Q1 25	$89M	$86M	$48M
Q2 25	$91M	$88M	$49M
Q3 25	$90M	$87M	$44M
Q4 25	$107M	$36M	$50M

Revenue Breakdown

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Revenue Segments

Quarter	Real Estate Investment Segment	Senior Housing Operating Portfolio
Q1 23	$71M	$12M
Q2 23	$66M	$12M
Q3 23	$68M	$12M
Q4 23	$66M	$13M
Q1 24	$68M	$13M
Q2 24	$72M	$13M
Q3 24	$69M	$14M
Q1 25	$75M	$14M
Q2 25	$76M	$14M
Q3 25	$69M	$21M
Q4 25	$75M	$31M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$14M	$0	$14M
Q2 23	$17M	$0	$17M
Q3 23	$17M	$0	$17M
Q4 23	$22M	$0	$22M
Q1 24	$11M	$0	$11M
Q2 24	$15M	$0	$15M
Q3 24	$16M	$0	$16M
Q4 24	$24M	$0	$24M
Q1 25	$135M	$0	$135M
Q2 25	$19M	$0	$19M
Q3 25	$82M	$0	$82M
Q4 25	$20M	$0	$20M

Shares Outstanding

Revenue Per Employee

Revenue / Employee