National Health Investors (NHI) Net Margin (2009 - 2026)
National Health Investors' (NHI) quarterly Net Margin came in at 45.81% in Q2 2026, up 507.0% on a YoY basis from 7.55% in Q2 2025, and up 31.77% quarter-over-quarter from 34.76% in Q1 2026.
Powered by 
Analysis
National Health Investors (NHI) Net Margin (2009 - 2026) Analysis & Trends
National Health Investors (NHI) has reported Net Margin for 16 consecutive years, with 45.81% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 507.0% year-over-year to 45.81%; the trailing twelve-month figure through Jun 2026 stood at 38.54% (down 241.0% YoY), and the FY2025 full-year result was 37.8%, down 334.0% from the prior year.
- Net Margin improved to 45.81% in Q2 2026 per NHI's latest filing, from 34.76% in the prior quarter.
- Across five years, Net Margin topped out at 51.06% in Q2 2023 and bottomed at 2.64% in Q4 2022.
- Historically, Net Margin has averaged 38.24% across 5 years, with a median of 38.2% in 2025.
- The sharpest annual moves came in 2023 and 2025: Net Margin soared 3767 bps in 2023, then tumbled 1438 bps in 2025.
- Over 5 years, Net Margin stood at 2.64% in 2022, then jumped by 1429 bps to 40.3% in 2023, then increased by 25 bps to 50.39% in 2024, then slipped by 29 bps to 36.02% in 2025, then rose by 27 bps to 45.81% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 45.81%, 34.76%, and 36.02% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 169.19 Bn | 167.22 Bn | 1.39 Bn | 12.55% |
| 2 | Ventas | 44.40 Bn | 44.20 Bn | 1.73 Bn | 4.08% |
| 3 | Omega Healthcare Investors | 14.19 Bn | 14.19 Bn | - | 114.29% |
| 4 | Healthpeak Properties | 14.14 Bn | 14.14 Bn | - | 6.83% |
| 5 | American Healthcare REIT | 10.49 Bn | 10.30 Bn | 149.41 Mn | 4.59% |
| 6 | CareTrust REIT | 9.18 Bn | 9.18 Bn | - | 54.69% |
| 7 | Healthcare Realty Trust | 6.45 Bn | 6.45 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.29 Bn | 5.29 Bn | - | -11.65% |
| 9 | Diversified Healthcare Trust | 4.47 Bn | 4.36 Bn | 298.67 Mn | -28.83% |
| 10 | National Health Investors | 3.42 Bn | 3.42 Bn | - | 45.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.81% |
| Mar 31, 2026 | 34.76% |
| Dec 31, 2025 | 36.02% |
| Sep 30, 2025 | 36.52% |
| Jun 30, 2025 | 40.74% |
| Mar 31, 2025 | 38.20% |
| Dec 31, 2024 | 50.39% |
| Sep 30, 2024 | 34.37% |
| Jun 30, 2024 | 41.46% |
| Mar 31, 2024 | 37.93% |
| Dec 31, 2023 | 40.30% |
| Sep 30, 2023 | 36.61% |
| Jun 30, 2023 | 51.06% |
| Mar 31, 2023 | 41.86% |
| Dec 31, 2022 | 2.64% |
| Sep 30, 2022 | 45.18% |
| Jun 30, 2022 | 36.18% |
| Sep 30, 2019 | 34.39% |
| Jun 30, 2019 | 33.59% |
| Mar 31, 2019 | 29.12% |