Stocks Real estate NHI
NYSE · Real estateNational Health Investors Inc (NHI)
National Health Investors Inc brought in $455.8M of revenue over the twelve months to September 30, 2026, up 28.2% from a year earlier. Net income was $697.5M, a net margin of 153.0%. In fiscal 2025 capital spending exceeded operating cash flow by $57.5M. At September 30, 2026 it held $46.6M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about National Health Investors Inc
- Net worth
- National Health Investors Inc has a market value (market cap) of $3.5B at the latest share price, and shareholders' equity of $2.1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $375.6M (+12.1% year on year), with net income of $142.2M.
- Cash flow
- In fiscal 2025 operations brought in $236.6M of cash; after $294M of capital spending, free cash flow was -$57.5M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- National Health Investors Inc's next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- National Health Investors Inc declared dividends of $3.64 per share in fiscal 2025, a yield of 5.11% at the current price.
What National Health Investors Inc does
National Health Investors Inc is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker NHI.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $375.6M | $142.2M | $3.02 | -$57.5M |
| 2024 | $335.2M | $138M | $3.13 | $49.8M |
| 2023 | $319.8M | $135.7M | $3.13 | $134.9M |
| 2022 | $278.2M | $66.4M | $1.48 | $174.3M |
| 2021 | $298.7M | $111.8M | $2.44 | $160.5M |
| 2020 | $332.8M | $185.1M | $4.14 | $115.4M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where NHI ranks in Real estate
Dividends
National Health Investors Inc declared $3.64 per share in fiscal 2025. At the current price that is a yield of 5.11%. It paid out $169.7M in cash dividends, 119% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $3.64 | $169.7M | 119% |
| 2024 | $3.60 | $156.5M | 113% |
| 2023 | $3.60 | $156.2M | 115% |
| 2022 | $3.60 | $161.8M | 244% |
| 2021 | $3.80 | $182.9M | 164% |
| 2020 | $4.41 | $194.6M | 105% |
Latest SEC filings
What National Health Investors Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026
- November 9, 2026
- November 9, 2026
- November 9, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 26% to $113.5M versus the same quarter last year; diluted EPS $11.47 versus $0.69.
- October 30, 2026Passive stake changed SCHEDULE 13G/A
- August 27, 2026
- August 10, 2026
- August 10, 2026
- August 10, 2026
- August 10, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 34% to $121.3M versus the same quarter last year; diluted EPS $1.15 versus $0.79.
Insider trades
What the people running National Health Investors Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| July 27, 2026 | Maingot Christian KenChief Operating Officer | Received as pay | 2,370 | - |
| June 15, 2026 | Mccabe Robert A JrDirector | Bought | 890 | $63.8K |
| June 5, 2026 | Jobe James RDirector | Gave as a gift | 225 | - |
| June 5, 2026 | Mendelsohn D. EricCEO and President, Director | Bought | 1,500 | $103.3K |
| May 5, 2026 | Travis David LSVP/Chief Accounting Officer | Shares withheld for tax | 282 | $20.6K |
| May 5, 2026 | Mendelsohn D. EricCEO and President, Director | Shares withheld for tax | 394 | $28.8K |
| May 5, 2026 | Spaid John LCFO/EVP Finance | Shares withheld for tax | 314 | $23K |
| March 3, 2026 | Spaid John LCFO/EVP Finance | Received as pay | 5,072 | - |
Who owns NHI
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 8.6% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 5.11% | April 30, 2026 |
Largest institutional holders
Insiders
15 insiders reported holding 822,501 shares in total, about $58.6M at the last price.
| Holder | Shares |
|---|---|
| Adams Robert GDirector | 184,455184,455 held indirectly |
| Mendelsohn D. EricCEO and President, Director | 133,316 |
| Swafford Charlotte ADirector | 127,358127,358 held indirectly |
| Gaines Kristin SalleeSVP/Chief Transaction Officer | 73,763 |
| Pascoe Kevin CarltonChief Investment Officer | 73,082 |
| Jobe James RDirector | 66,769 |
| Spaid John LCFO/EVP Finance | 56,287 |
| Mccabe Robert A JrDirector | 44,159 |
| Travis David LSVP/Chief Accounting Officer | 40,565 |
| Colden Tracy M JDirector | 12,858 |
Questions about NHI
What does National Health Investors Inc do?
National Health Investors Inc is a company in the Real estate sector, listed on NYSE as NHI. Its shares trade on NYSE under the ticker NHI.
What is National Health Investors Inc's net worth?
National Health Investors Inc has a market value (market cap) of $3.5B at the latest share price, and shareholders' equity of $2.1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is National Health Investors Inc profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $697.5M on revenue of $455.8M, a net margin of 153.0%.
How much revenue does National Health Investors Inc make?
Over the twelve months to September 30, 2026 National Health Investors Inc reported revenue of $455.8M. That is 28.2% more than a year earlier.
When did National Health Investors Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
When is National Health Investors Inc's next earnings report?
National Health Investors Inc's next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does National Health Investors Inc pay a dividend?
Yes. National Health Investors Inc declared dividends of $3.64 per share in fiscal 2025, a yield of 5.11% at the current price.
Similar companies
Compare NHI with
Follow NHI
Get an email when National Health Investors Inc files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values National Health Investors Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.