NHI · CIK 0000877860 · operating
Established in 1991, National Health Investors, Inc. is a self-managed real estate investment trust that finances and owns senior housing and medical facilities through sale-leaseback transactions, joint ventures, and direct financing arrangements. The company targets both need-driven facilities, such as skilled nursing and assisted living communities, and discretionary properties including independent living facilities and entrance-fee retirement communities. NHI also provides mortgage and mezzanine financing to operators within the healthcare real estate sector.
The company's portfolio encompasses a diversified mix of senior living properties and specialty medical facilities across multiple operational models. Revenue streams derive primarily from lease payments on owned properties, interest income from mortgage and mezzanine loans, and gains from joint venture arrangements. The portfolio spans senior living campuses, memory care communities, and specialty hospitals, generating income across geographically distributed assets.
NHI operates with a lean corporate structure of approximately 30 full-time employees and maintains its headquarters in Murfreesboro, Tennessee. As a publicly traded entity on the New York Stock Exchange, the company is incorporated in Maryland and operates as a registered REIT, requiring distribution of substantially all taxable income to shareholders.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $3.02 | $3.03 | -3.5% | |
| 2024 | $3.13 | $3.14 | +0.0% | |
| 2023 | $3.13 | $3.13 | +111.5% | |
| 2022 | $1.48 | $1.48 | -39.3% | |
| 2021 | $2.44 | $2.45 | +194.0% | |
| 2020 | $0.83 | $0.83 | -12.6% | |
| 2019 | $0.95 | $0.95 | +9.2% | |
| 2018 | $0.87 | $0.88 | -3.3% | |
| 2017 | $0.90 | $0.91 | -12.6% | |
| 2016 | $1.03 | $1.03 | -28.5% | |
| 2015 | $1.44 | $1.44 | +80.0% | |
| 2014 | $0.80 | $0.80 | -14.0% | |
| 2013 | $0.93 | $0.93 | +43.1% | |
| 2011 | $0.65 | $0.65 | -74.0% | |
| 2010 | $2.50 | $2.51 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-26 | 0000877860-26-000053 | SEC ↗ |
| 2024-12-31 | 2025-02-25 | 0000877860-25-000027 | SEC ↗ |
| 2023-12-31 | 2024-02-20 | 0000877860-24-000010 | SEC ↗ |
| 2022-12-31 | 2023-02-21 | 0000877860-23-000015 | SEC ↗ |
| 2021-12-31 | 2022-02-22 | 0000877860-22-000005 | SEC ↗ |
| 2020-12-31 | 2021-02-22 | 0000877860-21-000015 | SEC ↗ |
| 2019-12-31 | 2020-02-19 | 0000877860-20-000018 | SEC ↗ |
| 2018-12-31 | 2019-02-19 | 0000877860-19-000006 | SEC ↗ |
| 2017-12-31 | 2018-02-16 | 0000877860-18-000013 | SEC ↗ |
| 2016-12-31 | 2017-02-17 | 0000877860-17-000017 | SEC ↗ |
| 2015-12-31 | 2016-02-18 | 0000877860-16-000104 | SEC ↗ |
| 2014-12-31 | 2015-02-17 | 0000877860-15-000008 | SEC ↗ |
| 2013-12-31 | 2014-02-18 | 0000877860-14-000012 | SEC ↗ |
| 2012-12-31 | 2013-02-15 | 0000877860-13-000017 | SEC ↗ |
| 2011-12-31 | 2012-02-15 | 0000877860-12-000005 | SEC ↗ |
| 2010-12-31 | 2011-02-17 | 0000877860-11-000005 | SEC ↗ |