NATIONAL HEALTH INVESTORS INC
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $375.6M | $335.2M | $319.8M | $278.2M | $298.7M |
| Operating expenses | $239.0M | $211.9M | $200.9M | $241.9M | $216.1M |
| Cash from operations | $236.6M | $207.8M | $184.4M | $185.3M | $210.9M |
| Capital expenditure | $294.0M | $157.9M | $49.6M | $11.0M | $50.3M |
| Free cash flow | -$57.5M | $49.8M | $134.9M | $174.3M | $160.5M |
| Share repurchases | — | $0 | $0 | $152.0M | $0 |
| Impairments | — | — | — | — | $51.8M |
| Total assets | $2.8B | $2.6B | $2.5B | $2.5B | $2.8B |
| Total liabilities | $1.3B | $1.2B | $1.2B | $1.2B | $1.3B |
| Total debt | $1.2B | $1.1B | $1.1B | $1.1B | $1.2B |
Shares outstanding 48.5M · Free float 86.4%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.