National Health Investors Inc (NHI) — Capital Reinvestment Ratio
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 National Health Investors Inc balance sheet independence to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
National Health Investors Inc Capital Reinvestment Ratio (1992–2025)
This chart tracks National Health Investors Inc's Capital Reinvestment Ratio across 34 annual periods. Check National Health Investors Inc (NHI) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 cap 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 | — |