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National Health Investors NHI SHOP — Net Income

Other segment segments

Investments
$61.4M+9.9%

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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

See full
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 us-gaap:ProfitLoss.

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 itemReal Estate / InvestmentsSHOPNon-Segment / / CorporateTotal
Legal expense305305
Franchise, excise and other taxes215215
General and administrative expenses7,8517,851
Loan and realty gains, net(50)(50)
Gains on dispositions of real estate properties, net(2,612)(2,612)
Other non-operating income(35)(35)
Net income (loss)$61,401$1,777$(23,426)$39,752
Capital expenditures$1,118$108,293$14$109,425

Item 1. Financial Statements

FAQ

What is National Health Investors's SHOP — net income?
National Health Investors (NHI) reported SHOP — net income of $1.78M in Q1 2026.
How has National Health Investors's SHOP — net income changed year-over-year?
National Health Investors's SHOP — net income increased by 441.8% year-over-year, from $328K to $1.78M.
What is the long-term trend for National Health Investors's SHOP — net income?
Over 2 years (2023 to 2025), National Health Investors's SHOP — net income has grown at a 730.4% compound annual growth rate (CAGR), from $62K to $4.28M.
What does SHOP — net income mean?
This represents the bottom-line profitability of the senior housing operating segment after accounting for all revenues, operating expenses, taxes, and non-operating items. It provides a comprehensive view of the segment's financial health and its contribution to the overall company performance. It is the primary metric for evaluating the segment's success in generating shareholder value.

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