National Health Investors (NHI) Capital Expenditures (2009 - 2026)
National Health Investors (NHI) posted Capital Expenditures of $105.5 million for Q1 2026, down 26.28% on a QoQ basis from $143.1 million in Q4 2025, and up 41.63% year-over-year from $74.5 million in Q1 2025.
National Health Investors (NHI) Capital Expenditures (2009 - 2026) Analysis & Trends
National Health Investors' Capital Expenditures history runs 18 years deep, the most recent figure standing at $105.5 million for Q1 2026.
- Quarterly Capital Expenditures rose 41.63% year-over-year to $105.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $305.1 million (up 43.49% YoY) and the FY2025 annual result came in at $274.1 million, up 98.42% from the prior year.
- Capital Expenditures was $105.5 million for Q1 2026 at National Health Investors, down from $143.1 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $143.1 million in Q4 2025 and bottomed at -$35.5 million in Q3 2023.
- A 5-year average of $43.2 million and a median of $35.5 million in 2023 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2022 — Capital Expenditures soared 8607.14% — and 2023, when it plunged 716.51%.
- National Health Investors' Capital Expenditures stood at $5.8 million in 2022, then soared by 508.33% to $35.5 million in 2023, then jumped by 261.28% to $128.3 million in 2024, then gained by 11.56% to $143.1 million in 2025, then retreated by 26.28% to $105.5 million in 2026.
- Business Quant data shows NHI's Capital Expenditures at $105.5 million in Q1 2026, $143.1 million in Q4 2025, and $56.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 172.91 Bn | 168.34 Bn | 1.30 Bn | 104.77 Mn |
| 2 | Ventas | 46.62 Bn | 46.50 Bn | 1.65 Bn | 72.44 Mn |
| 3 | Healthpeak Properties | 15.34 Bn | 16.55 Bn | - | 142.13 Mn |
| 4 | Omega Healthcare Investors | 15.14 Bn | 15.41 Bn | - | 125.00 Mn |
| 5 | American Healthcare REIT | 10.71 Bn | 10.59 Bn | 97.60 Mn | 165.94 Mn |
| 6 | CareTrust REIT | 9.45 Bn | 9.46 Bn | - | 3.16 Mn |
| 7 | Healthcare Realty Trust | 7.33 Bn | 7.33 Bn | - | 2.12 Mn |
| 8 | Sabra Health Care REIT | 5.09 Bn | 5.09 Bn | - | 11.85 Mn |
| 9 | Diversified Healthcare Trust | 4.51 Bn | 4.39 Bn | 295.29 Mn | 35.17 Mn |
| 10 | National Health Investors | 3.86 Bn | 3.87 Bn | - | 105.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 105.49 Mn |
| Mar 31, 2026 | 105.49 Mn |
| Dec 31, 2025 | 143.08 Mn |
| Dec 31, 2025 | 143.08 Mn |
| Jun 30, 2025 | 56.50 Mn |
| Jun 30, 2025 | 56.50 Mn |
| Mar 31, 2025 | 74.48 Mn |
| Mar 31, 2025 | 74.48 Mn |
| Dec 31, 2024 | 128.26 Mn |
| Dec 31, 2024 | 128.26 Mn |
| Jun 30, 2024 | 9.87 Mn |
| Jun 30, 2024 | 9.87 Mn |
| Dec 31, 2023 | 35.50 Mn |
| Dec 31, 2023 | 35.50 Mn |
| Sep 30, 2023 | -35.50 Mn |
| Sep 30, 2023 | -35.50 Mn |
| Jun 30, 2023 | 37.10 Mn |
| Jun 30, 2023 | 37.10 Mn |
| Mar 31, 2023 | 986,000.00 |
| Mar 31, 2023 | 986,000.00 |