National Health Investors, Inc.
National Health Investors, Inc. (NYSE: NHI) is a self-managed real estate investment trust that owns, leases, operates and finances senior housing communities and medical facilities across the United States. Its properties include independent and assisted living facilities, entrance fee communities, senior living… From the company’s description.
Over the twelve months to Jun 30, 2026, National Health Investors, Inc. reported revenue of $432.12M, up 23.9% from a year earlier, and net income of $165.39M. Its operating margin was 45.9%, and operations generated $248.68M in cash. In fiscal 2025, it reported revenue of $375.63M, up 12.1% from fiscal 2024, and net income of $140.79M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What National Health Investors, Inc. does
In the company’s own words
National Health Investors, Inc. (NYSE: NHI) is a self-managed real estate investment trust that owns, leases, operates and finances senior housing communities and medical facilities across the United States. Its properties include independent and assisted living facilities, entrance fee communities, senior living campuses, skilled nursing facilities and hospitals; it also provides mortgage, construction and mezzanine loans and revolving credit to tenants, operators and other borrowers. NHI operates through Real Estate Investments and its Senior Housing Operating Portfolio (SHOP): the former generates rental income and interest, while SHOP communities generate resident fees and services and are operated by third-party managers. In 2025, total revenue was $375.6 million, comprising 72.3% rental income, 21.3% resident fees and services, and 6.4% interest and other income. At year-end, Real Estate Investments included 176 properties with $2.7 billion in gross real estate investments, while SHOP comprised 26 communities with 3,009 units and $634.3 million in gross real estate investments. Its website is www.nhireit.com.
Company details
- Sector
- Real Estate
- Industry (SIC)
- REITs
- Headquarters
- MURFREESBORO, TN
- Fiscal year end
- December
- CIK
- 877860
- SIC
- 6798
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns National Health Investors, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · National Health Investors, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
National Health Investors, Inc.’s bonds, as funds hold them
Funds report holding 2 issues of National Health Investors, Inc.’s debt, $139.75M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.27%, maturing 2031 to 2033.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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