National Health Investors (FRA:WX6) Retained Earnings: €2,467.5 Mil (As of Jun. 2026)

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FRA:WX6 National Health Investors Inc FRA:WX6
79 GF Score
Price €63.00
GF Value €72.82
Valuation Modestly Undervalued
! 3 Warning Signs
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What is National Health Investors Retained Earnings?

National Health Investors FRA:WX6 79 Retained Earnings is €2,467.5 Mil as of Jun. 2026. GuruFocus rates FRA:WX6 with a GF Score™ of 79/100 and a GF Value™ of €72.82 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. National Health Investors's retained earnings for the quarter that ended in Jun. 2026 was €2,467.5 Mil.

National Health Investors's quarterly retained earnings increased from Dec. 2025 (€2,345.9 Mil) to Mar. 2026 (€2,410.8 Mil) and increased from Mar. 2026 (€2,410.8 Mil) to Jun. 2026 (€2,467.5 Mil).

National Health Investors's annual retained earnings increased from Dec. 2023 (€2,262.1 Mil) to Dec. 2024 (€2,487.6 Mil) but then declined from Dec. 2024 (€2,487.6 Mil) to Dec. 2025 (€2,345.9 Mil).


National Health Investors  (FRA:WX6) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


National Health Investors Retained Earnings Historical Data

* Premium members only.

The historical data trend for National Health Investors's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

National Health Investors Retained Earnings Chart

National Health Investors Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -74.83 2,200.64 2,262.10 2,487.61 2,345.94

National Health Investors Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,320.08 2,307.93 2,345.94 2,410.85 2,467.53
FRA:WX6
79GF Score
National Health Investors Inc FRA:WX6
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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National Health Investors Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of €2,467.5 Mil mean?
National Health Investors (FRA:WX6) has a Retained Earnings of €2,467.5 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on National Health Investors and its competitors.
Is National Health Investors' Retained Earnings too high?
National Health Investors' current Retained Earnings is €2,467.5 Mil. Overall, National Health Investors has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Health Investors' Retained Earnings compare to MPT and DHC?
National Health Investors' Retained Earnings of €2,467.5 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a REITs company?
A good Retained Earnings depends on the REITs industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on National Health Investors and its competitors. National Health Investors's current Retained Earnings is €2,467.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Health Investors stock overvalued right now?
Based on GuruFocus' analysis, National Health Investors (FRA:WX6) is currently considered Modestly Undervalued. The stock's GF Value™ is €72.82, compared to a current price of €63.00 — trading 13.5% below its estimated fair value. The current Retained Earnings is €2,467.5 Mil. National Health Investors' overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For National Health Investors (FRA:WX6), the current Retained Earnings is €2,467.5 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Health Investors (FRA:WX6) Overvalued in 2026?

Based on GuruFocus' analysis, National Health Investors stock appears to be undervalued. The current stock price of €63.00 is trading 13.5% below its estimated GF Value™ of €72.82. GuruFocus considers National Health Investors to be Modestly Undervalued.

Key valuation signals for FRA:WX6:

  • Retained Earnings: €2,467.5 Mil
  • GF Value™: €72.82 vs. price of €63.00 (13.5% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the FRA:WX6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Health Investors Business Description

Industry Real EstateREITs
Other Exchanges NHI:USA
Address 222 Robert Rose Drive, Murfreesboro, TN, USA, 37129
National Health Investors Inc is a self-managed REIT that owns, leases, operates, and finances the development of senior housing communities and medical facilities. It operates through two segments: Real Estate Investments and Senior Housing Operating Portfolio (SHOP). The Real Estate Investments segment, which generates the majority of revenue, includes real estate leases, mortgages, and other notes receivable related to independent living facilities, assisted living facilities, entrance fee communities, senior living campuses, skilled nursing facilities, and a hospital. The SHOP segment consists of ventures that own and operate independent living facilities. The company's revenues are derived from rental income, interest and other income, and resident fees and services.
79GF Score

Get the complete analysis for FRA:WX6

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€63.00
Price
€72.82
GF Value