NATIONAL HEALTH INVESTORS INC Cash Flow Statement
NHI / Real Estate|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
NATIONAL HEALTH INVESTORS INC generated $237M in operating cash flow and negative free cash flow of $57M in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 41.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $142.2M | $138.0M | $135.7M | $66.4M | $111.8M | $185.1M | $160.5M | $154.3M | $159.4M | $151.5M | $148.9M | $101.6M | $106.2M | $90.7M | $81.1M |
| Depreciation & Amortization | $80.9M | $71.4M | $70.0M | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Cash Flow | $236.6M | $207.8M | $184.4M | $185.3M | $210.9M | $232.1M | $241.0M | $207.9M | $198.1M | $176.6M | $164.4M | $126.1M | $104.2M | $86.3M | $76.9M |
| Capital Expenditures | $294.0M | $157.9M | $49.6M | $11.0M | $50.3M | $116.7M | $237.2M | $147.6M | $175.8M | $394.7M | $124.1M | $533.2M | $654.7M | $110.6M | $75.8M |
| Free Cash Flow | -$57.5M | $49.8M | $134.9M | $174.3M | $160.5M | $115.4M | $3.8M | $60.2M | $22.3M | -$218.1M | $40.3M | -$407.0M | -$550.5M | -$24.3M | $1.0M |
| Share Buybacks | - | $0 | $0 | $152.0M | $0 | $0 | - | - | - | - | - | - | - | - | - |
| Dividends Paid | $169.7M | $156.5M | $156.2M | $161.8M | $182.9M | $194.6M | $179.7M | $165.4M | $153.0M | $138.3M | $124.7M | $100.7M | $85.1M | $78.9M | $67.9M |
| FCF Margin | -15.3% | 14.9% | 42.2% | 62.7% | 53.7% | 34.7% | 1.2% | 20.4% | 8.0% | -87.8% | 17.6% | -229.3% | -467.2% | -26.1% | 1.3% |