NHI - NYSE

National Health Investors, Inc.

NHI·NYSE

$69.54

-1.7%

Real EstateREIT - Healthcare Facilities

Incorporated in 1991, National Health Investors, Inc. (NYSE: NHI) is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI's portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$3.37B

EPS3.0300

P/E Ratio25.18

Earnings Date08/05/2026

2.80B

Assets

3Y+12.0%

5Y-10.0%

10Y+16.0%

1.26B

Total Liabilities

3Y+3.0%

5Y-21.0%

10Y+5.0%

1.54B

Total Equity

11%

3Y+19.0%

5Y+1.0%

10Y-34.0%

National Health Investors, Inc. Funding & Solvency Profile

NHI · NYSE

Current Assets

Cash & Cash Equivalents19.62M

Net Receivables290.60M

Inventory0.00

Other Current Assets0.00

Total Current Assets310 M

Non-Current Assets

Property, Plant & Equipment0.00

Goodwill & Intangible Assets0.00

Long-Term Investments2.48B

Other Non-Current Assets6.70M

Total Non-Current Assets2 B

Total Assets

2.80B

Financial Health Analysis

Current Ratio

2.48x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.82x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

185 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

11% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

National Health Investors, Inc. Balance Sheet

NHI • NYSE

National Health Investors, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	19.6M	24.3M	22.3M	19.3M	37.4M	43.3M	5.2M	4.7M	3.1M	4.8M	13.3M	3.3M	11.3M	9.2M	15.9M	2.7M	45.7M	100.2M	75.4M	177.8M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	11.4M	22.5M	21.3M	26.6M	55.8M	63.6M
Cash & Short-Term Investments	19.6M	24.3M	22.3M	19.3M	37.4M	43.3M	5.2M	4.7M	3.1M	4.8M	13.3M	3.3M	11.3M	9.2M	27.3M	25.1M	67M	126.8M	131.2M	241.4M
Net Receivables	290.6M	370.4M	345.6M	318.2M	408.9M	98.3M	89.3M	119.5M	99.8M	215.2M	194.8M	102.6M	81.8M	14.2M	9.9M	5.4M	2.2M	1.7M	1.9M	108.4M
Accounts Receivables	290.6M	93.6M	89.6M	81.9M	99.4M	98.3M	89.3M	112M	99.8M	81.7M	63M	39M	20.2M	14.2M	8.7M	471K	401K	1.7M	1.9M	8.9M
Other Receivables	0.0	276.8M	255.9M	236.3M	309.5M	0.0	0.0	7.5M	0.0	133.5M	193.5M	63.6M	0.0	0.0	1.2M	0.0	0.0	0.0	0.0	99.5M
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-2.5B	-2.4B	0.0	0.0	-975K	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Assets	0.0	2.2M	7.3M	45.5M	68.5M	9.2M	83.1M	5.3M	5M	0.0	1.3M	0.0	0.0	1.6M	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Assets	310.2M	396.9M	375.2M	383M	514.8M	150.8M	177.6M	368M	247.1M	219.9M	212.7M	105.9M	92.9M	107.4M	37.1M	30.5M	69.2M	128.6M	77.3M	183.9M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	0.0	0.0	0.0	0.0	0.0	2.7B	2.6B	2.4B	2.3B	2.2B	1.8B	1.8B	1.2B	535.4M	394.8M	327.7M	223.9M	181.3M	187.5M	235.2M
Goodwill & Intangible Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-4.6B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	2.5B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	11.7M	80.4M	63.1M	60.3M	51M	38.1M	38.1M	38.1M	38.1M	38.1M	63.6M
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.8B	2.5B	2.4B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	6.7M	2.2B	2.1B	2.1B	2.3B	302.2M	304.3M	-2.7B	-2.5B	2.2B	16.4M	37.5M	54.9M	12.2M	109.5M	113M	128.1M	109.1M	-225.6M	-298.8M
Total Non-Current Assets	2.5B	2.2B	2.1B	2.1B	2.3B	3B	2.9B	2.4B	2.3B	2.2B	1.9B	1.9B	1.4B	598.6M	542.4M	478.8M	390.1M	328.5M	225.6M	298.8M
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	197.9M	112.7M
Total Assets	2.8B	2.6B	2.5B	2.5B	2.8B	3.1B	3B	2.8B	2.5B	2.4B	2.1B	2B	1.5B	706M	579.6M	509.3M	459.4M	457.1M	500.7M	595.5M
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	78.9M	73.4M	65M	64.4M	18M	22.9M	19.9M	55.8M	56.7M	52.8M	44.6M	32.3M	28.5M	27.6M	20.1M	20.7M	23.4M	44.9M	49.5M
Accounts Payable	0.0	37.8M	34.3M	25.9M	23.2M	18M	22.9M	19.9M	16.3M	20.9M	20.1M	15.7M	8M	3.7M	3.5M	3.4M	2.8M	4.4M	7.5M	23.7M
Other Payables	0.0	41.1M	39.1M	39.1M	41.3M	0.0	0.0	0.0	39.5M	35.9M	32.6M	28.9M	24.3M	24.8M	24.1M	16.8M	18M	19M	37.5M	25.8M
Accrued Expenses	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	45K	3.4M
Short Term Debt	125M	331.2M	245M	42M	0.0	7.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	4M	9.5M	0.0
Deferred Revenue	0.0	4.3M	6M	5.1M	5.7M	0.0	0.0	6M	-1.1B	871K	3.6M	1.1M	3.9M	1.3M	1.7M	1.5M	885K	115K	137K	163K
Other Current Liabilities	0.0	0.0	0.0	0.0	0.0	49.8M	46.8M	-19.9M	-1.9M	-56.7M	567K	-44.6M	-32.3M	-29.1M	-1.7M	-18.7M	-19.8M	-27.3M	-182K	-53M
Total Current Liabilities	125M	414.4M	324.4M	112M	70.2M	75M	69.7M	68.5M	56.9M	56.7M	55.6M	45.7M	36.2M	30.4M	27.6M	20.1M	20.7M	27.4M	45.1M	50.3M
NON-CURRENT LIABILITIES
Long Term Debt	1B	814.8M	890.1M	1.1B	1.2B	1.5B	1.4B	1.3B	1.2B	1.1B	914.4M	884.4M	617.1M	203.3M	97.3M	37.8M	0.0	4M	4.4M	113.5M
Deferred Revenue (Non-Current)	5M	0.0	0.0	0.0	0.0	0.0	0.0	6M	1.2B	871K	3.6M	1.1M	3.9M	1.3M	1.7M	1.5M	885K	115K	137K	163K
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-59.3M	-981.8M	-58.1M	-3.6M	-1.1M	-3.9M	-1.3M	0.0	4M	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	88.2M	0.0	0.0	0.0	0.0	23.3M	30.4M	0.0	1.9M	3.4M	64.6M	46.5M	31M	33.4M	37.1M	22.2M	23M	23.3M	-4.4M	-113.7M
Total Non-Current Liabilities	1.1B	814.8M	890.1M	1.1B	1.3B	1.5B	1.5B	1.3B	1.2B	1.1B	948.3M	887.4M	642.5M	207.5M	108.5M	46.7M	4M	115K	9.5M	113.5M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-6K	-7K
Capital Lease Obligations	0.0	0.0	0.0	0.0	8.8M	0.0	0.0	10.6M	21.3M	21.3M	21.3M	21.6M	22.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	1.3B	1.2B	1.2B	1.2B	1.3B	1.6B	1.5B	1.4B	1.2B	1.2B	1B	933M	678.7M	237.9M	136.1M	66.8M	24.7M	27.5M	54.6M	163.8M
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	18.1M	32.6M	269K	90K	38.1M	38.1M	38.1M	38.1M	38.1M	38.1M	38.1M	38.1M	38.1M
Common Stock	483K	457K	434K	434K	459K	452K	446K	427K	415K	398K	384K	375K	330K	279K	278K	277K	276K	276K	278K	278K
Additional Paid-In Capital	1.9B	1.7B	1.6B	1.6B	1.6B	1.5B	1.5B	1.4B	1.3B	1.2B	1.1B	1B	753.6M	467.8M	465.7M	462.4M	459.8M	458.9M	462.3M	461.7M
Retained Earnings	-401.7M	2.6B	2.5B	2.3B	-84.6M	0.0	-5.3M	18.1M	32.6M	29.9M	19.9M	-569K	3M	-18.5M	-29.7M	-35.5M	-39.6M	-40.4M	-30.8M	-48.1M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	-29.2M	-3.4M	1.3M	-822K	5.7M	27.9M	6.2M	9.5M	7.6M	7.2M	15.3M	14.1M	10.8M	14.4M	17.8M
Other Total Stockholders' Equity	0.0	-3B	-2.8B	-2.7B	0.0	-1.0	-2.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	1.5B	1.4B	1.3B	1.3B	1.5B	1.5B	1.5B	1.4B	1.3B	1.2B	1.1B	1B	766.5M	457.2M	443.5M	442.5M	434.6M	429.6M	446.1M	431.7M
Total Equity	1.5B	1.4B	1.3B	1.3B	1.5B	1.5B	1.5B	2.7B	2.5B	2.3B	1.1B	1B	777.2M	468M	443.5M	442.5M	434.6M	429.6M	446.1M	431.7M
Minority Interest	18.4M	18.7M	20.1M	19.7M	9.9M	10.7M	621K	1.3B	1.1B	1.1B	9.2M	10M	10.6M	10.9M	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	2.8B	2.6B	2.5B	2.5B	2.8B	3.1B	3B	2.8B	2.5B	2.4B	2.1B	2B	1.5B	706M	579.6M	509.3M	459.4M	457.1M	500.7M	595.5M
Total Investments	2.5B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	11.7M	80.4M	63.1M	60.3M	51M	49.5M	60.6M	59.5M	64.7M	93.9M	127.3M
Total Debt	1.2B	1.1B	1.1B	1.1B	1.3B	1.5B	1.4B	1.3B	1.2B	1.1B	947.5M	884.4M	639.9M	203.3M	97.3M	37.8M	0.0	4M	9.5M	113.5M
Net Debt	1.1B	1.1B	1.1B	1.1B	1.2B	1.5B	1.4B	1.3B	1.2B	1.1B	934.2M	881.1M	628.5M	194.1M	81.4M	35.1M	-45.7M	-96.3M	-65.8M	-64.3M
Shares Outstanding	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502	47,638,502

SEC Filings

NHI - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 01, 2026	May 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 29, 2026	May 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 04, 2026	May 04, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 04, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 04, 2026	May 04, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 04, 2026	May 04, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 23, 2026	April 20, 2026	2026	View Filing
8-K/A 8-K/A 2026 (Amended) N/A	April 22, 2026	April 20, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 21, 2026	April 20, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 03, 2026	May 27, 2026	2026	View Filing

Showing 1 to 10 of 697 filings

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