National Health Investors Inc (NHI) — Cash Flow Quality Index
National Health Investors Inc (NHI) has a Cash Flow Quality Index of 1.34x as of March 2026. Operating cash flow of $53.44 Million exceeds net income of $40.02 Million, indicating high earnings quality where cash backs reported profits. Explore National Health Investors Inc (NHI) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
National Health Investors Inc Cash Flow Quality Index (1991–2025)
Historical Cash Flow Quality Index for National Health Investors Inc across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check National Health Investors Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for National Health Investors Inc (1991–2025)
Year-by-year earnings quality comparison for National Health Investors Inc. For live market cap and the full company financial profile, see NHI market cap.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.69x | $240.23 Million | $142.18 Million | ▲ +12.0% |
| 2024 | 1.51x | $208.17 Million | $137.99 Million | ▲ +9.9% |
| 2023 | 1.37x | $184.45 Million | $134.38 Million | ▼ -51.5% |
| 2022 | 2.83x | $185.34 Million | $65.50 Million | ▲ +50.3% |
| 2021 | 1.88x | $210.86 Million | $111.97 Million | ▲ +50.3% |
| 2020 | 1.25x | $232.15 Million | $185.31 Million | ▼ -16.6% |
| 2019 | 1.50x | $240.96 Million | $160.45 Million | ▲ +11.5% |
| 2018 | 1.35x | $207.87 Million | $154.33 Million | ▲ +8.8% |
| 2017 | 1.24x | $197.32 Million | $159.37 Million | ▲ +6.7% |
| 2016 | 1.16x | $177.22 Million | $152.72 Million | ▲ +6.1% |
| 2015 | 1.09x | $164.43 Million | $150.31 Million | ▼ -10.6% |
| 2014 | 1.22x | $126.14 Million | $103.05 Million | ▲ +25.9% |
| 2013 | 0.97x | $104.19 Million | $107.18 Million | ▲ +2.4% |
| 2012 | 0.95x | $86.27 Million | $90.90 Million | ▲ +0.2% |
| 2011 | 0.95x | $76.85 Million | $81.13 Million | ▼ -15.2% |
| 2010 | 1.12x | $77.54 Million | $69.42 Million | ▲ +3.7% |
| 2009 | 1.08x | $69.21 Million | $64.23 Million | ▼ -7.7% |
| 2008 | 1.17x | $67.13 Million | $57.51 Million | ▲ +69.2% |
| 2007 | 0.69x | $66.53 Million | $96.44 Million | ▼ -17.4% |
| 2006 | 0.83x | $57.80 Million | $69.23 Million | ▼ -23.0% |
| 2005 | 1.08x | $59.01 Million | $54.41 Million | ▲ +7.1% |
| 2004 | 1.01x | $57.09 Million | $56.38 Million | ▼ -34.8% |
| 2003 | 1.55x | $68.03 Million | $43.81 Million | ▼ -27.7% |
| 2002 | 2.15x | $66.09 Million | $30.79 Million | ▲ +13.8% |
| 2000 | 1.89x | $63.61 Million | $33.72 Million | ▲ +37.7% |
| 1999 | 1.37x | $73.43 Million | $53.62 Million | ▲ +12.3% |
| 1998 | 1.22x | $84.93 Million | $69.64 Million | ▲ +2.2% |
| 1997 | 1.19x | $89.94 Million | $75.39 Million | ▲ +4.4% |
| 1996 | 1.14x | $76.71 Million | $67.16 Million | ▲ +2.8% |
| 1995 | 1.11x | $55.20 Million | $49.70 Million | ▼ -11.1% |
| 1994 | 1.25x | $48.60 Million | $38.90 Million | ▼ -7.3% |
| 1993 | 1.35x | $32.90 Million | $24.40 Million | ▼ -12.9% |
| 1992 | 1.55x | $20.60 Million | $13.30 Million | ▼ -27.7% |
| 1991 | 2.14x | $4.50 Million | $2.10 Million | — |