National Health Investors Inc (NHI) — Capital Reinvestment Ratio
Latest as of March 2026:
0.05x
National Health Investors Inc (NHI) has a Capital Reinvestment Ratio of 0.05x as of March 2026, meaning it reinvests 0% of its operating cash flow ($53.44 Million) in capital expenditures ($2.90 Million). See NHI free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.05x
Capex / Operating Cash Flow
Operating Cash Flow
$53.44 Million
USD
Capital Expenditures
$2.90 Million
USD
Data as of
Mar 2026
Most recent filing
National Health Investors Inc Capital Reinvestment Ratio (1992–2025)
This chart tracks National Health Investors Inc's Capital Reinvestment Ratio across 34 annual periods.
Annual Capital Reinvestment Ratio for National Health Investors Inc (1992–2025)
Year-by-year Capital Reinvestment Ratio for National Health Investors Inc from 1992 to 2025. For live market cap and broader valuation context, see market value of National Health Investors Inc.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.08x | $240.23 Million | $19.97 Million | ▲ +10.0% |
| 2024 | 0.08x | $208.17 Million | $15.73 Million | ▲ +272.5% |
| 2023 | 0.02x | $184.45 Million | $3.74 Million | ▼ -40.9% |
| 2022 | 0.03x | $185.34 Million | $6.36 Million | ▲ +11212.9% |
| 2021 | 0.00x | $210.86 Million | $64.00K | ▼ -99.9% |
| 2020 | 0.44x | $232.15 Million | $102.87 Million | ▼ -55.0% |
| 2019 | 0.98x | $240.96 Million | $237.19 Million | ▲ +38.6% |
| 2018 | 0.71x | $207.87 Million | $147.65 Million | ▼ -20.1% |
| 2017 | 0.89x | $197.32 Million | $175.34 Million | ▼ -57.1% |
| 2016 | 2.07x | $177.22 Million | $367.01 Million | ▲ +197.3% |
| 2015 | 0.70x | $164.43 Million | $114.52 Million | ▼ -83.6% |
| 2014 | 4.25x | $126.14 Million | $535.77 Million | ▼ -30.2% |
| 2013 | 6.08x | $104.19 Million | $633.72 Million | ▲ +465.1% |
| 2012 | 1.08x | $86.27 Million | $92.85 Million | ▲ +9.1% |
| 2011 | 0.99x | $76.85 Million | $75.81 Million | ▼ -22.5% |
| 2010 | 1.27x | $77.54 Million | $98.74 Million | ▲ +8.0% |
| 2009 | 1.18x | $69.21 Million | $81.57 Million | ▲ +1854.5% |
| 2008 | 0.06x | $67.13 Million | $4.05 Million | ▲ +61.0% |
| 2007 | 0.04x | $66.53 Million | $2.49 Million | ▼ -13.4% |
| 2006 | 0.04x | $57.80 Million | $2.50 Million | ▼ -79.2% |
| 2005 | 0.21x | $59.01 Million | $12.26 Million | ▲ +607.1% |
| 2004 | 0.03x | $57.09 Million | $1.68 Million | ▼ -80.0% |
| 2003 | 0.15x | $68.03 Million | $10.01 Million | ▼ -41.3% |
| 2002 | 0.25x | $66.09 Million | $16.57 Million | ▲ +671.9% |
| 2001 | 0.03x | $59.76 Million | $1.94 Million | ▼ -35.5% |
| 2000 | 0.05x | $63.61 Million | $3.20 Million | ▼ -74.2% |
| 1999 | 0.19x | $73.43 Million | $14.32 Million | ▼ -59.3% |
| 1998 | 0.48x | $84.93 Million | $40.72 Million | ▲ +80.8% |
| 1997 | 0.27x | $89.94 Million | $23.85 Million | ▼ -70.0% |
| 1996 | 0.89x | $76.71 Million | $67.89 Million | ▲ +340.1% |
| 1995 | 0.20x | $55.20 Million | $11.10 Million | ▼ -3.2% |
| 1994 | 0.21x | $48.60 Million | $10.10 Million | ▼ -55.6% |
| 1993 | 0.47x | $32.90 Million | $15.40 Million | ▲ +16.2% |
| 1992 | 0.40x | $20.60 Million | $8.30 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow