NHI
National Health Investors margins
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At present, National Health Investors reports a gross margin of 73.3%, an operating margin of 39.9%, an EBITDA margin of 187.1%, and a net margin of 153%. Net margin recorded the largest improvement, rising by 111.6 percentage points. Operating margin recorded the largest decline, falling by 13.7 percentage points.
NHI margin history
National Health Investors's margins averaged 84.42% gross, 52% operating, 87.39% EBITDA, and 49.39% net over the last 3 years. Compared with the three-year averages, EBITDA and net margins are above their three-year averages and gross and operating margins are below their three-year averages.
NHI margin expansion
The strongest improvement was in net margin, which increased by 111.6 percentage points, and EBITDA margin also expanded by 107.3 percentage points, but gross margin contracted by 13.1 percentage points and operating margin by 13.7 percentage points.
NHI Gross margin
Looking back over the last 3 years, National Health Investors recorded an average gross margin of 84.42%. National Health Investors's current gross margin is 73.3% and is 11.1 percentage points below its three-year average. The highest gross margin for National Health Investors was 87.7% in Jun 2025, while the lowest was 73.3% in Sep 2026.
NHI Operating margin
Across the last 3 years, National Health Investors's operating margin stood at 52%. Compared with its three-year average, National Health Investors's current operating margin is 39.9% and is 12.1 percentage points below its three-year average. Operating margin was highest at 55.7% in Jun 2024 and lowest at 39.9% in Sep 2026.
NHI EBITDA margin
Over the last 3 years, National Health Investors's EBITDA margin averaged 87.39%. The current EBITDA margin of 187.1% is 99.7 percentage points above its three-year average. During this period, EBITDA margin reached a high of 187.1% in Sep 2026 and a low of 72.7% in Mar 2026.
NHI Net margin
Reviewing the last 3 years, National Health Investors recorded an average net margin of 49.39%. The current net margin of 153% is 103.6 percentage points above its three-year average. The highest net margin for National Health Investors was 153% in Sep 2026, while the lowest was 36.9% in Mar 2026.
NHI margin group comparison
National Health Investors's gross margin of 73.3% is higher than the Real Estate sector and the industry average but lower than its peers average. Looking at the Real Estate sector average of 60.8%, National Health Investors's gross margin is 21% higher.
NHI margin peer comparison
Frequently asked questions
What is National Health Investors's gross margin?
For the period ending Sep 30, 2026, NHI recorded a gross margin of 73.3%.
What is National Health Investors's operating margin?
The current operating margin for NHI is 39.9% as of Sep 30, 2026.
What is National Health Investors's EBITDA margin?
For the period ending Sep 30, 2026, NHI recorded an EBITDA margin of 187.1%.
What is National Health Investors's net margin?
For the period ending Sep 30, 2026, NHI recorded a net margin of 153%.
What are the average margins of NHI?
Looking back over 3 years, NHI recorded average margins of 84.4% gross, 52.0% operating, 87.4% EBITDA, and 49.4% net.
What are the highest historical margins of NHI?
Over the last 5 years, National Health Investors's highest margins were 100% gross in Mar 2022, 55.7% operating in Jun 2024, 187.1% EBITDA in Sep 2026, and 153% net in Sep 2026.
What are the lowest historical margins of NHI?
National Health Investors's lowest recorded margins during the past 5 years were 73.3% gross in Sep 2026, 24.6% operating in Sep 2022, 65.5% EBITDA in Dec 2022, and 23.9% net in Dec 2022.