Filing Flows › Comparisons › NHI vs SAFE
National Health Investors vs Safehold: NHI and SAFE compared
National Health Investors is the larger company: $121M of revenue in its latest quarter (Q2 2026) against $119M for Safehold (Q3 2026). National Health Investors is growing faster (+34% against +23% a year earlier). National Health Investors is more profitable, with an operating margin of 46.2% against 24.7%.
Where the money goes: NHI and SAFE
National Health Investors (NHI) · Q2 2026
National Health Investors, Q2 2026: revenue $121M (+34% year over year), operating margin 46.2%, net earnings $55.7M, operating cash flow $65.0M. The chart follows the revenue to costs, profit and cash.
Safehold (SAFE) · Q3 2026
Safehold, Q3 2026: revenue $119M (+23% year over year), operating margin 24.7%, net earnings $28.8M, operating cash flow $5.5M. The chart follows the revenue to costs, profit and cash.
| National Health Investors (NHI) | Safehold (SAFE) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $121M | $119M |
| Revenue growth, Y/Y | +34% | +23% |
| Operating margin | 46.2% | 24.7% |
| Net earnings | $55.7M | $28.8M |
| Net margin | 45.9% | 24.3% |
| Operating cash flow | $65.0M | $5.5M |
Where the revenue comes from
Safehold
- Ground Leases: $101M (85%)
- Hotel Operations: $18.0M (15%)
Questions
Which is bigger, National Health Investors or Safehold?
National Health Investors is the larger company: $121M of revenue in its latest quarter (Q2 2026) against $119M for Safehold (Q3 2026).
Is National Health Investors or Safehold growing faster?
National Health Investors is growing faster (+34% against +23% a year earlier).
Which is more profitable, National Health Investors or Safehold?
National Health Investors is more profitable, with an operating margin of 46.2% against 24.7%.
More: National Health Investors earnings · how National Health Investors makes money · Safehold earnings · how Safehold makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 10, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.