What is National Health Investors's SHOP — rental income?

National Health Investors (NHI) reported SHOP — rental income of $0 in Q1 2026.

What does SHOP — rental income mean?

Represents revenue generated from leasing senior housing properties within the operating portfolio segment. This metric reflects the income derived from contractual rental agreements with facility operators or tenants. It is a key indicator of the segment's ability to generate stable, recurring cash flows from its real estate assets.

National Health Investors (NHI) SHOP — Rental income

Screener

Other segment segments

Investments

$73.15M+6.2%

Similar metrics at other companies

ORetail — Rental (including reimbursements)

$1.11B+5.1%

OU.S. real estate — Rental (including reimbursements)

$1.14B+2.1%

LVSConvention, Retail and Other — Lease Income

$1M0.0%

OIndustrial — Rental (including reimbursements)

$251.47M+17.3%

OOther — Rental (including reimbursable)

$83.13M+60.6%

OOther — Rental (including reimbursements)

$60.25M-4.0%

Other financials

Income statement

See full

Revenue$115.1M+28.9%

Net income$40.1M+17.4%

EPS (diluted)$0.82+10.8%

Balance sheet

See full

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

See full

Operating cash flow$53.4M+15.0%

Valuation

See full

Market cap$3.65B+7.6%

Enterprise value$5B+11.2%

P/E24.7×+0.9×

P/S9.1×-0.6×

Profitability

See full

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:LeaseIncome.

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 item	Real Estate / Investments	SHOP	Non-Segment / / Corporate	Total
Revenues:
Rental income	$73,150	—	—	$73,150
Resident fees and services	—	37,060	—	37,060
Interest and other income	4,920	—	—	4,920
Total revenues	78,070	37,060	—	115,130
Utilities	—	2,471	—	2,471
Dietary	—	2,233	—	2,233
Labor	—	14,699	—	14,699

Item 1. Financial Statements

FAQ

What is National Health Investors's SHOP — rental income?: National Health Investors (NHI) reported SHOP — rental income of $0 in Q1 2026.
What does SHOP — rental income mean?: Represents revenue generated from leasing senior housing properties within the operating portfolio segment. This metric reflects the income derived from contractual rental agreements with facility operators or tenants. It is a key indicator of the segment's ability to generate stable, recurring cash flows from its real estate assets.