National Health Investors (NHI) FY2022 results: revenue $278 million, down 6.9% on the year
National Health Investors Inc. (NHI) reported revenue of $278 million for fiscal 2022, the year ended 31 December 2022, down 6.9% on the year before. Net income was $66 million, down 40.6%, and diluted earnings per share $1.48. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2023.
Revenue
$278 million
-6.9% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$66 million
-40.6% on the year
FY2015FY2022
Diluted EPS
$1.48
-39.3% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
185
211
232
-12.1%
Capital expenditure
11.0
50.3
117
-78.2%
Free cash flow
174
161
115
+8.6%
Free cash flow margin
62.7%
53.7%
34.7%
Cash from investing
198
185
-89.7
+6.8%
Cash from financing
-401
-403
-112
Share-based compensation
8.6
5.1
5.4
+69.4%
Buybacks
152
0.0
0.0
Dividends paid
162
183
195
-11.6%
Dividend per share
$3.60
$3.80
$4.41
-5.3%
Diluted shares, weighted
45m
46m
45m
-2.0%
Shares outstanding at period end
43m
46m
45m
-5.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,270
1,507
1,512
-15.7%
Non-controlling interest
9.9
9.9
10.7
-0.4%
Redeemable equity
9.8
0.0
n/a
Debt
1,148
1,243
1,499
-7.7%
Other liabilities
70.0
79.0
98.3
-11.4%
Total liabilities and equity
2,507
2,839
3,120
-11.7%
Fixed assets
2,118
2,318
2,667
-8.6%
Loans
233
300
292
-22.3%
Cash and equivalents
19.3
37.4
43.3
-48.4%
Receivables
3.6
3.2
2.6
+12.8%
Other assets
133
180
115
-26.2%
Total assets
2,507
2,839
3,120
-11.7%
10-K for the year ended 31 December 2022, filed 21 February 2023: the filing.