National Health Investors (NHI) Free Cash Flow (2009 - 2026)
National Health Investors (NHI) posted Free Cash Flow of $64.97 million for Q2 2026, up 8.6% from $59.82 million a year earlier and up 21.6% from the prior quarter.
National Health Investors (NHI) Free Cash Flow (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at National Health Investors was $248.68 million, up 18.4% year-over-year; for FY2025, it was $236.56 million, up 16.1% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of 0.4% (FY2020 to FY2025).
- In prior years, National Health Investors' Free Cash Flow was $203.7 million in FY2024 (+12.7%), $180.71 million in FY2023 (-2.5%), $185.34 million in FY2022 (-12.1%) and $210.8 million in FY2021 (-9.1%).
- Quarterly Free Cash Flow has run from a low of $30.06 million in Q1 2023 to a high of $67.74 million in Q4 2025 over five years.
- On a year-over-year basis, Free Cash Flow has increased in each of the last four quarters, with growth averaging 12.2% over the last eight quarters.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q3 2025, with growth of 34.2%; the weakest was Q1 2022, with a decline of 32.0%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $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) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 684.33 Mn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 948.84 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 1.09 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 812.42 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 454.72 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 554.66 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 706.49 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 | 57.06 Mn |
| Sep 30, 2024 | 46.60 Mn |
| Jun 30, 2024 | 59.90 Mn |
| Mar 31, 2024 | 40.14 Mn |
| Dec 31, 2023 | 52.04 Mn |
| Sep 30, 2023 | 48.59 Mn |
| Jun 30, 2023 | 50.02 Mn |
| Mar 31, 2023 | 30.06 Mn |
| Dec 31, 2022 | 46.89 Mn |
| Sep 30, 2022 | 43.01 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 Free Cash Flow 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=free-cash-flow&ticker=NHI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=NHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();