National Health Investors Inc (NHI) — Free Cash Flow Generation Index
National Health Investors Inc (NHI) has a Free Cash Flow Generation Index of 0.95x as of March 2026. Free cash flow of $50.55 Million represents 1% of operating cash flow ($53.44 Million). See NHI net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
National Health Investors Inc Free Cash Flow Generation Index (1991–2025)
Historical FCF Generation Index trend for National Health Investors Inc across 35 annual periods. Explore National Health Investors Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for National Health Investors Inc (1991–2025)
Year-by-year Free Cash Flow Generation Index for National Health Investors Inc. For the full company profile including market capitalisation, see market value of National Health Investors Inc.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.92x | $220.26 Million | $240.23 Million | $19.97 Million | ▼ -0.8% |
| 2024 | 0.92x | $192.44 Million | $208.17 Million | $15.73 Million | ▼ -5.6% |
| 2023 | 0.98x | $180.71 Million | $184.45 Million | $3.74 Million | ▼ -2.0% |
| 2022 | 1.00x | $185.34 Million | $185.34 Million | $6.36 Million | ▲ +0.0% |
| 2021 | 1.00x | $210.79 Million | $210.86 Million | $64.00K | ▼ 0.0% |
| 2020 | 1.00x | $232.15 Million | $232.15 Million | $102.87 Million | ▲ +0.0% |
| 2019 | 1.00x | $240.96 Million | $240.96 Million | $237.19 Million | ▲ +245.2% |
| 2018 | 0.29x | $60.22 Million | $207.87 Million | $147.65 Million | ▲ +160.1% |
| 2017 | 0.11x | $21.98 Million | $197.32 Million | $175.34 Million | ▲ +110.4% |
| 2016 | -1.07x | $-189.79 Million | $177.22 Million | $367.01 Million | ▼ -452.9% |
| 2015 | 0.30x | $49.91 Million | $164.43 Million | $114.52 Million | ▲ +109.3% |
| 2014 | -3.25x | $-409.63 Million | $126.14 Million | $535.77 Million | ▲ +36.1% |
| 2013 | -5.08x | $-529.52 Million | $104.19 Million | $633.72 Million | ▼ -608.2% |
| 2012 | 1.00x | $86.27 Million | $86.27 Million | $92.85 Million | ▲ +7233.4% |
| 2011 | 0.01x | $1.05 Million | $76.85 Million | $75.81 Million | ▲ +105.0% |
| 2010 | -0.27x | $-21.19 Million | $77.54 Million | $98.74 Million | ▼ -53.1% |
| 2009 | -0.18x | $-12.36 Million | $69.21 Million | $81.57 Million | ▼ -119.0% |
| 2008 | 0.94x | $63.09 Million | $67.13 Million | $4.05 Million | ▼ -2.4% |
| 2007 | 0.96x | $64.04 Million | $66.53 Million | $2.49 Million | ▲ +0.6% |
| 2006 | 0.96x | $55.31 Million | $57.80 Million | $2.50 Million | ▲ +20.8% |
| 2005 | 0.79x | $46.75 Million | $59.01 Million | $12.26 Million | ▼ -18.4% |
| 2004 | 0.97x | $55.41 Million | $57.09 Million | $1.68 Million | ▲ +13.8% |
| 2003 | 0.85x | $58.02 Million | $68.03 Million | $10.01 Million | ▲ +13.8% |
| 2002 | 0.75x | $49.52 Million | $66.09 Million | $16.57 Million | ▼ -22.6% |
| 2001 | 0.97x | $57.82 Million | $59.76 Million | $1.94 Million | ▲ +1.9% |
| 2000 | 0.95x | $60.41 Million | $63.61 Million | $3.20 Million | ▲ +18.0% |
| 1999 | 0.81x | $59.12 Million | $73.43 Million | $14.32 Million | ▲ +54.7% |
| 1998 | 0.52x | $44.20 Million | $84.93 Million | $40.72 Million | ▼ -29.2% |
| 1997 | 0.73x | $66.09 Million | $89.94 Million | $23.85 Million | ▲ +539.1% |
| 1996 | 0.11x | $8.82 Million | $76.71 Million | $67.89 Million | ▼ -85.6% |
| 1995 | 0.80x | $44.10 Million | $55.20 Million | $11.10 Million | ▲ +0.8% |
| 1994 | 0.79x | $38.50 Million | $48.60 Million | $10.10 Million | ▲ +48.9% |
| 1993 | 0.53x | $17.50 Million | $32.90 Million | $15.40 Million | ▼ -10.9% |
| 1992 | 0.60x | $12.30 Million | $20.60 Million | $8.30 Million | ▼ -40.3% |
| 1991 | 1.00x | $4.50 Million | $4.50 Million | $0.00 | — |