Peer Analysis

Peer Analysis

Financial Performance (%) NHI Peer Median Peer Average
Rec. EBITDA / Int. Exp. (x) 5.92 3.83 4.18
Rec. EBITDA / Int. Exp. + Pref. Divs. (x) 5.92 3.78 4.03
G&A / Total Revenue 4.40 7.08 6.89
FFO / Share Growth 4.76 (20.32) (16.90)
ROAE 12.34 8.34 8.71
ROAA 6.36 4.03 4.17
Payout / FFO 69.09 86.50 89.74
Market Performance
Price / FFO (x) 12.01 12.33 13.17
Dividend Yield (%) 6.06 6.41 7.13
UPREIT Market Cap ($M) 2,742.78 10,568.81 10,669.95
Total Capitalization ($M) 3,888.28 18,449.28 17,838.06
Data for trailing four quarters

National Health Investors, Inc.'s peer group consists of the following: HCP, Inc. (HCP), LTC Properties, Inc. (LTC), Sabra Health Care REIT, Inc. (SBRA), Ventas, Inc. (VTR), Welltower Inc. (HCN)

National Health Investors, Inc.'s financial data is as of 12/31/2017.

Peer financial data is as of 12/31/2017 except for these companies:

LTC Properties, Inc.'s financial data is as of 9/30/2017.