Investments was National Health Investors’s largest segment in fiscal 2025, bringing in $295.57M of $375.63M (79%).
| Segment | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Investments | — | $270.68M | $280.29M | $295.57M |
| Real Estate Investments | $242.08M | — | — | — |
| Shop | $35.80M | $48.81M | $54.42M | $80.06M |
| Corporate | — | $351.00K | $468.00K | — |
| Non-Segment/Corporate | $315.00K | — | — | — |
| Total | $278.19M | $319.84M | $335.18M | $375.63M |
National Health Investors brought in $375.63M from its two segments in fiscal 2025, the year ended December 31, 2025. National Health Investors regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $335.18M. Investments was the largest at $295.57M (78.7%), ahead of Shop at $80.06M (21.3%).
Compared with fiscal 2024, Shop grew 47.1% to $80.06M and Investments grew 5.4% to $295.57M.
National Health Investors began breaking out Investments in fiscal 2023, when it brought in $270.68M. National Health Investors stopped reporting Real Estate Investments ($242.08M in fiscal 2022), Corporate ($468.00K in fiscal 2024) and Non-Segment/Corporate ($315.00K in fiscal 2022) as separate segments.
National Health Investors (NHI) reports its revenue by segment. In fiscal 2025, Investments was its largest segment, bringing in $295.57M (78.7% of the total), followed by Shop at $80.06M (21.3%).
Investments was National Health Investors' largest segment in fiscal 2025, bringing in $295.57M, or 78.7% of the $375.63M total across its two segments.
Every figure comes from National Health Investors' annual financial filings, as reported. Each line keeps the name National Health Investors gives it, and years follow its fiscal calendar.
National Health Investors' revenue by segment goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.