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National Health Investors NHI Investments — Franchise, excise and other taxes

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Other financials

Income statement

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Revenue$115.1M+28.9%
Net income$40.1M+17.4%
EPS (diluted)$0.82+10.8%

Balance sheet

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Cash & equivalents$24.9M-81.8%
Total debt$1.4B+8.4%
Total equity$1.5B+6.2%
Total assets$2.9B+3.8%

Cash flow

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Operating cash flow$53.4M+15.0%

Valuation

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Market cap$3.65B+7.6%
Enterprise value$5B+11.2%
P/E24.7×+0.9×
P/S9.1×-0.6×

Profitability

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Operating margin50.1%
Net margin36.9%-4.3pp
FCF margin70.1%

Returns & leverage

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Return on equity10.1%-0.5pp
Debt / equity0.9×0.0×

Where this comes from

Reported directly by National Health Investors in its filing.

Tagged under the XBRL concept nhi:FranchiseExciseAndOtherTaxes.

The source filing: National Health Investors’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000877860-26-000135
Line itemThree Months Ended / March 31, 20262025
Interest expense15,04014,337
Senior housing operating expenses28,16910,853
Legal expense3051,426
Franchise, excise and other taxes215269
General and administrative expenses7,8516,829
Proxy contest and related expenses264
Taxes and insurance on leased properties2,8042,887
Loan and realty gains, net(50)(14)

Item 1. Financial Statements

FAQ

What is National Health Investors's investments — franchise, excise and other taxes?
National Health Investors (NHI) reported investments — franchise, excise and other taxes of $0 in Q1 2026.
What does investments — franchise, excise and other taxes mean?
This metric represents the specific state-level franchise, excise, and miscellaneous taxes directly attributable to the Real Estate Investments segment. It reflects the regulatory cost of maintaining legal business structures and operations within the jurisdictions where the segment holds property assets.

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