National Health Investors (NHI) Free Cash Flow (2009 - 2026)

National Health Investors (NHI) reported Free Cash Flow of -$52.0 million for Q1 2026, down 85.85% on a YoY basis from -$367.7 million in Q1 2025, and up 30.92% quarter-over-quarter from -$75.3 million in Q4 2025.

National Health Investors (NHI) Free Cash Flow (2009 - 2026) Analysis & Trends

National Health Investors has reported Free Cash Flow for 18 years, with the latest figure at -$52.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 85.85% year-over-year to -$52.0 million; the trailing twelve-month figure through Mar 2026 stood at -$61.5 million (down 7726.64% YoY), and the FY2025 full-year result was -$37.5 million, down 153.86% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$52.0 million, up from -$75.3 million in the prior quarter.
  • The five-year high for Free Cash Flow was $62.5 million in Q3 2025, with the low at -$75.3 million in Q4 2025.
  • Historically, Free Cash Flow has averaged $18.3 million across 5 years, with a median of $40.8 million in 2024.
  • Annual changes were most pronounced in 2022 — Free Cash Flow jumped 2041.46% — and 2024, when it sank 232.87%.
  • National Health Investors' Free Cash Flow stood at $46.9 million in 2022, then increased by 13.48% to $53.2 million in 2023, then slumped by 232.87% to -$70.7 million in 2024, then fell by 6.59% to -$75.3 million in 2025, then jumped by 30.92% to -$52.0 million in 2026.
  • The last three Free Cash Flow figures came in at -$52.0 million (Q1 2026), -$75.3 million (Q4 2025), and $62.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Welltower 144.82 Bn 141.05 Bn 1.30 Bn 565.24 Mn
2 Ventas 39.06 Bn 38.93 Bn 1.65 Bn 321.64 Mn
3 Healthpeak Properties 13.76 Bn 14.32 Bn - 118.75 Mn
4 Omega Healthcare Investors 12.86 Bn 13.12 Bn - 211.44 Mn
5 American Healthcare REIT 8.89 Bn 8.81 Bn 97.60 Mn 42.75 Mn
6 CareTrust REIT 8.47 Bn 8.48 Bn - 90.37 Mn
7 Healthcare Realty Trust 6.83 Bn 6.83 Bn - 52.88 Mn
8 National Health Investors 3.40 Bn 3.41 Bn - -52.05 Mn
9 Diversified Healthcare Trust 2.05 Bn 1.93 Bn 304.41 Mn -26.82 Mn
10 Ltc Properties 1.75 Bn 1.82 Bn - 28.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -52.05 Mn
Mar 31, 2026 -52.05 Mn
Dec 31, 2025 -75.35 Mn
Dec 31, 2025 -75.35 Mn
Sep 30, 2025 62.53 Mn
Sep 30, 2025 62.53 Mn
Jun 30, 2025 3.32 Mn
Jun 30, 2025 3.32 Mn
Mar 31, 2025 -28.01 Mn
Mar 31, 2025 -28.01 Mn
Dec 31, 2024 -70.69 Mn
Dec 31, 2024 -70.69 Mn
Sep 30, 2024 48.63 Mn
Sep 30, 2024 48.63 Mn
Jun 30, 2024 50.87 Mn
Jun 30, 2024 50.87 Mn
Mar 31, 2024 40.83 Mn
Mar 31, 2024 40.83 Mn
Dec 31, 2023 53.20 Mn
Dec 31, 2023 53.20 Mn