National Health Investors Quarterly Cash Flow Statement
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
National Health Investors free cash flow
In the quarter ended Jun 30, 2026, National Health Investors generated $65.0 million of operating cash flow. That left free cash flow of $65.0 million, a free-cash-flow margin of 53.6% of revenue. Free cash flow was up 8.6% from the prior year's $59.8 million.
National Health Investors returned $44.6 million to shareholders through dividends, equal to 69% of free cash flow. Free cash flow covered dividend payments 1.5 times.
Summary generated from market data by MetaCap's automated system. Methodology
National Health Investors cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 55.36M | 39.75M | 37.80M | 32.48M | 36.69M | 33.82M | 42.79M | 28.24M | 34.95M | 30.66M | 31.72M | 29.03M |
| Net Income growth (YoY) | +50.88% | +17.55% | -11.65% | +15.00% | +4.97% | +10.31% | +34.89% | -2.72% | -11.40% | -10.32% | +1933.27% | -15.18% |
| Depreciation & Amortization | 25.55M | 23.69M | — | 20.22M | 19.92M | 19.16M | 18.68M | 17.77M | 17.49M | 17.50M | 17.11M | 17.52M |
| Stock-Based Compensation | 2.36M | 2.24M | 964.00K | 983.00K | 1.07M | 2.56M | 670.00K | 670.00K | 687.00K | 2.15M | 865.00K | 866.00K |
| Change in Working Capital | 2.37M | -10.13M | 11.76M | -1.21M | 5.16M | -8.46M | 7.17M | -2.23M | 6.88M | -11.59M | 6.70M | 681.00K |
| Operating Cash Flow | 64.97M | 53.44M | 67.74M | 62.53M | 59.82M | 46.48M | 57.57M | 48.63M | 60.74M | 40.83M | 53.20M | 49.70M |
| Capital Expenditures | — | -109.42M | -196.29M | — | — | -85.17M | -133.12M | -2.03M | -841.00K | -683.00K | -1.16M | -1.11M |
| Investing Cash Flow | -43.41M | -103.89M | -187.03M | 41.67M | -48.32M | -75.47M | -161.20M | -1.57M | -13.35M | -16.19M | 2.34M | -19.95M |
| Dividends Paid | -44.58M | -44.44M | -43.83M | -42.73M | -42.02M | -41.12M | -39.26M | -39.10M | -39.08M | -39.07M | -39.07M | -39.07M |
| Share Repurchases | — | — | — | — | — | — | — | — | — | — | 0 | 0 |
| Debt Issued | — | — | 0 | — | — | — | 0 | — | — | — | — | — |
| Debt Repaid | -125.00M | 0 | -50.00M | -75.00M | -75.70M | -112.00K | -109.00K | -75.11M | -117.00K | -105.00K | -50.12M | -101.00K |
| Financing Cash Flow | 3.93M | 55.77M | 57.29M | -41.90M | -129.46M | 139.77M | 112.36M | -46.19M | -43.81M | -35.92M | -49.42M | -30.54M |
| Net Change in Cash | 25.49M | 5.32M | -62.00M | 62.30M | -117.95M | 110.78M | 8.73M | 864.00K | 3.57M | -11.29M | 6.12M | -779.00K |
| Free Cash Flow | 64.97M | -55.98M | -128.56M | 62.53M | 59.82M | -38.69M | -75.54M | 46.60M | 59.90M | 40.14M | 52.04M | 48.59M |
This table shows 12 quarterly periods of National Health Investors's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow NHI's reporting calendar. What is a cash flow statement?