National Health Investors (NHI) FCF Margin (2009 - 2026)
National Health Investors' FCF Margin was 53.56% in Q2 2026, down 12.42 percentage points from 65.98% a year earlier but up 7.14 percentage points from the prior quarter.
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Analysis
National Health Investors (NHI) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, National Health Investors' FCF Margin was 57.55% through Jun 30, 2026, down 2.67 percentage points year-over-year; for FY2025, it was 62.98%, up 2.21 percentage points from FY2024.
- FCF Margin shows a five-year change of -6.73 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 60.77% in FY2024 (+4.27 pp), 56.50% in FY2023 (-10.12 pp), 66.62% in FY2022 (-3.94 pp) and 70.57% in FY2021 (+0.86 pp).
- Quarterly FCF Margin has moved between 36.49% (Q1 2023) and 94.77% (Q2 2022) over five years.
- Compared with a year earlier, FCF Margin has declined for three straight quarters, with an average year-over-year change of -1.54 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was Q2 2022 (a gain of 25.43 percentage points); the worst was Q2 2023 (a drop of 30.55 percentage points).
- Per Business Quant data, NHI's FCF Margin in the three quarters before Q2 2026 was 46.42% (Q1 2026), 64.01% (Q4 2025) and 69.60% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | - |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 52.96% |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 70.29% |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 65.90% |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 26.29% |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | National Health Investors | 3.22 Bn | 3.23 Bn | - | 53.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.56% |
| Mar 31, 2026 | 46.42% |
| Dec 31, 2025 | 64.01% |
| Sep 30, 2025 | 69.60% |
| Jun 30, 2025 | 65.98% |
| Mar 31, 2025 | 52.05% |
| Dec 31, 2024 | 66.53% |
| Sep 30, 2024 | 56.18% |
| Jun 30, 2024 | 70.49% |
| Mar 31, 2024 | 49.25% |
| Dec 31, 2023 | 65.49% |
| Sep 30, 2023 | 60.66% |
| Jun 30, 2023 | 64.22% |
| Mar 31, 2023 | 36.49% |
| Dec 31, 2022 | 66.34% |
| Sep 30, 2022 | 56.37% |
| Jun 30, 2022 | 94.77% |
| Mar 31, 2022 | 54.23% |
| Dec 31, 2021 | 76.59% |
| Sep 30, 2021 | 66.35% |
API Access
National Health Investors FCF Margin 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=fcf-margin&ticker=NHI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=NHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();