National Health Investors NHI
- Market cap
- $3.3B
- PE
- 19.4×
- 10y median 21.4×
- Forward PE
- n/m
- not a meaningful number
- Price to FFO
- 14.1×
- its own FFO
- Price to sales
- 7.6×
- EV/EBIT
- n/m
- a quarter missing
- Revenue, 12 months
- $432.1M
- +24% on a year ago
- Net margin
- 38.6%
National Health Investors trades at 14.1× its funds from operations, the earnings measure REITs are valued on. Revenue was $432.1M over the last twelve months, up 24% on a year earlier with a 39% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $80.1M+5% | $79.5M+12% | $81.5M−1% | $85M+9% | $82.9M+4% | $85.8M+8% | $89.3M+10% | $90.7M+7% | $89.8M+8% | $105.8M+23% | $115.1M+29% | $121.3M+34% | |
| SG&A | $4.4M−7% | $4.9M+1% | $5.6M−0% | $4.9M+13% | $4.8M+9% | $5.4M+10% | $6.8M+21% | $6.1M+26% | $6.3M+31% | $7.6M+40% | $7.9M+15% | $8.8M+44% |
| n/a | n/a | n/a | n/a | n/a | n/a | n/a | $50.2M | n/a | n/a | n/a | $71.8M+43% | |
| Interest expense | $15.1M+32% | $14.9M+19% | $14.9M+6% | $14.9M+5% | $14.9M−1% | $15.2M+3% | $14.3M−4% | $15M+1% | $13.8M−8% | $14.3M−6% | $15M+5% | $15.8M+5% |
| Pre-tax income | n/a | n/a | n/a | n/a | n/a | n/a | n/a | $35.2M | n/a | n/a | n/a | $56.1M+60% |
| n/a | n/a | n/a | n/a | n/a | n/a | n/a | $0 | n/a | n/a | n/a | $732K | |
| Net income | $29.3M−15% | $32M+1620% | $30.9M−10% | $35.3M−11% | $28.5M−3% | $43.2M+35% | $34.2M+10% | $37M+5% | $32.9M+15% | $38.2M−12% | $40.1M+17% | $55.7M+51% |
| $0.68−13% | $0.74+1750% | $0.71−10% | $0.81−12% | $0.65−4% | $0.95+28% | $0.74+4% | $0.79−3% | $0.69+6% | $0.80−16% | $0.82+11% | $1.15+46% | |
| 43.4M−2% | 43.4M+0% | 43.4M+0% | 43.6M+0% | 44M+1% | 45.4M+5% | 45.9M+6% | 46.8M+8% | 47.6M+8% | 47.9M+5% | 48.5M+6% | 48.5M+4% |
Operating income: 13 periods, Q1 FY14 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: 8 periods, Q4 FY09 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 6 periods, Q4 FY09 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in REIT - Specialty nearest National Health Investors' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| NHINational Health Investors | $3.3B | 19.4× | 21.4× | 7.6× | +24% | 38.6% | |
| BNLBroadstone Net Lease | $3.3B | 22.8× | 24.0× | 7.0× | +8% | 30.6% | |
| HIWHighwoods Properties | $3.4B | 20.1× | 21.8× | 4.0× | +3% | 20.8% | |
| IRTIndependence Realty Trust | $3.5B | 83.1× | 50.4× | 5.3× | +3% | 6.5% | |
| LXPLXP Industrial Trust | $3.6B | 61.1× | 26.0× | 10.4× | −4% | 18.7% | |
| CXWCoreCivic | $3B | 24.0× | 15.2× | 1.2× | +24% | 5.1% | |
| CDPCopt Defense Properties | $3.8B | 23.6× | 24.4× | 4.9× | +4% | 20.9% | |
| DRHDiamondRock Hospitality | $2.8B | 19.1× | 24.3× | 2.5× | +1% | 13.5% | |
| DXDynex Capital | $2.7B | 4.2× | 4.9× | n/m | n/m | n/m | |
| HHHHoward Hughes | $4.2B | 14.2× | 17.5× | 1.8× | +34% | 12.3% | |
| AKRAcadia Realty Trust | $2.6B | 52.2× | 57.6× | n/m | n/m | n/m | |
| Peer median | $3.3B | 23.2× | 24.2× | 4.5× | +4% | 16.1% |
More on National Health Investors
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- Price to sales ratio
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- Market cap
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- Free cash flow
- Profit margin
- Shares outstanding
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About
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Valuation data, not investment advice. Prices as of .