National Health Investors (NHI) FY2021 results: revenue $299 million, down 10.2% on the year
National Health Investors Inc. (NHI) reported revenue of $299 million for fiscal 2021, the year ended 31 December 2021, down 10.2% on the year before. Net income was $112 million, down 39.6%, and diluted earnings per share $2.44. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2022.
Revenue
$299 million
-10.2% on the year
FY2014FY2021
Operating margin
n/a
FY2014FY2021
Net income
$112 million
-39.6% on the year
FY2014FY2021
Diluted EPS
$2.44
-41.1% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
211
232
241
-9.2%
Capital expenditure
50.3
117
237
-56.9%
Free cash flow
161
115
3.8
+39.1%
Free cash flow margin
53.7%
34.7%
1.2%
Cash from investing
185
-89.7
-343
Cash from financing
-403
-112
107
Share-based compensation
5.1
5.4
3.6
-6.7%
Buybacks
0.0
0.0
n/a
Dividends paid
183
195
180
-6.0%
Dividend per share
$3.80
$4.41
$4.20
-13.8%
Diluted shares, weighted
46m
45m
44m
+2.3%
Shares outstanding at period end
46m
45m
45m
+1.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,507
1,512
1,498
-0.3%
Non-controlling interest
9.9
10.7
0.6
-7.6%
Redeemable equity
0.0
n/a
n/a
Debt
1,243
1,499
1,440
-17.1%
Other liabilities
79.0
98.3
104
-19.6%
Total liabilities and equity
2,839
3,120
3,042
-9.0%
Fixed assets
2,318
2,667
2,560
-13.1%
Loans
300
292
340
+2.6%
Cash and equivalents
37.4
43.3
5.2
-13.7%
Receivables
3.2
2.6
3.2
+23.7%
Other assets
180
115
133
+57.3%
Total assets
2,839
3,120
3,042
-9.0%
10-K for the year ended 31 December 2021, filed 22 February 2022: the filing.