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 NHI strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
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 (NHI) tangible net worth to evaluate the tangible quality of the company's equity base.
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 overview.
| 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 | — |