National Health Investors (NHI) Cash from Operations (2009 - 2026)
National Health Investors (NHI) recorded Cash from Operations of $64.97 million in Q2 2026, up 8.6% from $59.82 million a year earlier and up 21.6% from the prior quarter.
National Health Investors (NHI) Cash from Operations (2009 - 2026) Analysis & Trends
On a TTM basis, National Health Investors' Cash from Operations came in at $248.68 million as of Jun 30, 2026, up 17.0% year-over-year; for FY2025, it was $236.56 million, up 13.9% from FY2024.
- Annual Cash from Operations has a five-year compound annual growth rate of 0.4% (FY2020 to FY2025).
- Across earlier years, Cash from Operations came in at $207.77 million in FY2024 (+12.6%), $184.45 million in FY2023 (-0.5%), $185.34 million in FY2022 (-12.1%) and $210.86 million in FY2021 (-9.2%).
- Quarterly Cash from Operations has ranged from $31.05 million in Q1 2023 to $67.74 million in Q4 2025 over the past five years.
- On a year-over-year basis, Cash from Operations has increased for four consecutive quarters, with growth averaging 11.0% over the last eight quarters.
- Peak year-over-year performance for Cash from Operations in the last five years was growth of 31.5% in Q1 2024, against a decline of 32.0% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $53.44 million (Q1 2026), $67.74 million (Q4 2025) and $62.53 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 1.00 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 1.20 Bn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 1.15 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 868.44 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 556.55 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 586.41 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 728.18 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | National Health Investors | 3.17 Bn | 3.18 Bn | - | 64.97 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.97 Mn |
| Mar 31, 2026 | 53.44 Mn |
| Dec 31, 2025 | 67.74 Mn |
| Sep 30, 2025 | 62.53 Mn |
| Jun 30, 2025 | 59.82 Mn |
| Mar 31, 2025 | 46.48 Mn |
| Dec 31, 2024 | 57.57 Mn |
| Sep 30, 2024 | 48.63 Mn |
| Jun 30, 2024 | 60.74 Mn |
| Mar 31, 2024 | 40.83 Mn |
| Dec 31, 2023 | 53.20 Mn |
| Sep 30, 2023 | 49.70 Mn |
| Jun 30, 2023 | 50.50 Mn |
| Mar 31, 2023 | 31.05 Mn |
| Dec 31, 2022 | 46.36 Mn |
| Sep 30, 2022 | 43.54 Mn |
| Jun 30, 2022 | 56.77 Mn |
| Mar 31, 2022 | 38.68 Mn |
| Dec 31, 2021 | 53.36 Mn |
| Sep 30, 2021 | 48.99 Mn |
National Health Investors Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=NHI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "NHI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=NHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();