NHI (National Health Investors) Variable Rate Debt (USD Mil): 438.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NHI National Health Investors Inc NHI
79 GF Score
Price $71.95
GF Value $85.01
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is National Health Investors Variable Rate Debt (USD Mil)?

National Health Investors NHI +1.18% 79 Variable Rate Debt (USD Mil) is 438.00 as of Jun. 2026. GuruFocus rates NHI with a GF Score™ of 79/100 and a GF Value™ of $85.01 (Modestly Undervalued). The stock has 3 warning signs investors should review.

In the railway industry, Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

National Health Investors's Variable Rate Debt (USD Mil) for the quarter that ended in Jun. 2026 was 438.00 , which is higher than 434.00 for the pervious quarter ended in Mar. 2026.

National Health Investors's Variable Rate Debt (USD Mil) for the annual that ended in Dec. 2025 was 329.00 , which is lower than 531.20 for the pervious year ended in Dec. 2024.

The historical rank and industry rank for National Health Investors's Variable Rate Debt (USD Mil) or its related term are showing as below:


National Health Investors  (NYSE:NHI) Variable Rate Debt (USD Mil) Explanation

Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The variable interest rate fluctuates over time because it is based on an underlying benchmark interest rate or index that changes periodically with the market. So, variable interest debt is not as good as fixed-rate debt because the company cannot benefit from inflation. But in some conditions, a company might experience lower borrowing costs or reduce the impact of volatile investment earnings by issuing variable rate securities.


National Health Investors Variable Rate Debt (USD Mil) Related Terms


National Health Investors Variable Rate Debt (USD Mil) Historical Data

* Premium members only.

The historical data trend for National Health Investors's Variable Rate Debt (USD Mil) 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 Variable Rate Debt (USD Mil) Chart

National Health Investors Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Variable Rate Debt (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Fixed Rate Debt (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only

National Health InvestorsQuarterly Data
Trend Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Variable Rate Debt (USD Mil)
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only
Fixed Rate Debt (USD Mil)
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only

NHI vs MPT, LTC, DHC: Variable Rate Debt (USD Mil) Comparison

For the REIT - Healthcare Facilities subindustry, National Health Investors's Variable Rate Debt (USD Mil), along with its competitors' market caps and Variable Rate Debt (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NHI
79GF Score
National Health Investors Inc NHI
Variable Rate Debt (USD Mil) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions
What does a Variable Rate Debt (USD Mil) of 438.00 mean?
National Health Investors (NHI) has a Variable Rate Debt (USD Mil) of 438.00 as of Jun. 2026. Variable Rate Debt is a debt with an interest rate that fluctuates over time. View historical data on National Health Investors and its competitors.
Is National Health Investors' Variable Rate Debt (USD Mil) too high?
National Health Investors' current Variable Rate Debt (USD Mil) is 438.00. 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' Variable Rate Debt (USD Mil) compare to MPT and LTC?
National Health Investors' Variable Rate Debt (USD Mil) of 438.00 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 Variable Rate Debt (USD Mil) for a REITs company?
A good Variable Rate Debt (USD Mil) depends on the REITs industry context. However, Variable Rate Debt (USD Mil) 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 Variable Rate Debt (USD Mil) mean?
A high Variable Rate Debt (USD Mil) can signal that a stock is expensive relative to its fundamentals. Variable Rate Debt is a debt with an interest rate that fluctuates over time. View historical data on National Health Investors and its competitors. National Health Investors's current Variable Rate Debt (USD Mil) is 438.00. 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 (NHI) is currently considered Modestly Undervalued. The stock's GF Value™ is $85.01, compared to a current price of $71.95 — trading 15.4% below its estimated fair value. The current Variable Rate Debt (USD Mil) is 438.00. 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 Variable Rate Debt (USD Mil) calculated?
Variable Rate Debt (USD Mil) is calculated from a company's financial statements. For National Health Investors (NHI), the current Variable Rate Debt (USD Mil) is 438.00 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 (NHI) Overvalued in 2026?

Based on GuruFocus' analysis, National Health Investors stock appears to be undervalued. The current stock price of $71.95 is trading 15.4% below its estimated GF Value™ of $85.01. GuruFocus considers National Health Investors to be Modestly Undervalued.

Key valuation signals for NHI:

  • Variable Rate Debt (USD Mil): 438.00
  • GF Value™: $85.01 vs. price of $71.95 (15.4% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the NHI 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 WX6:Germany
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 NHI

Variable Rate Debt (USD Mil) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$71.95
Price
$85.01
GF Value