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Safehold vs National Health Investors: SAFE and NHI compared
Safehold is the larger company: $119M of revenue in its latest quarter (Q3 2026) against $113M for National Health Investors (Q3 2026). National Health Investors is growing faster (+26% against +23% a year earlier). National Health Investors is more profitable, with an operating margin of 495.9% against 24.7%.
Where the money goes: SAFE and NHI
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) · Q3 2026
National Health Investors, Q3 2026: revenue $113M (+26% year over year), operating margin 495.9%, net earnings $564M, operating cash flow $48.0M. The chart follows the revenue to costs, profit and cash.
| Safehold (SAFE) | National Health Investors (NHI) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $119M | $113M |
| Revenue growth, Y/Y | +23% | +26% |
| Operating margin | 24.7% | 495.9% |
| Net earnings | $28.8M | $564M |
| Net margin | 24.3% | 496.6% |
| Operating cash flow | $5.5M | $48.0M |
| Free cash flow | — | $41.2M |
Where the revenue comes from
Safehold
- Ground Leases: $101M (85%)
- Hotel Operations: $18.0M (15%)
Questions
Which is bigger, Safehold or National Health Investors?
Safehold is the larger company: $119M of revenue in its latest quarter (Q3 2026) against $113M for National Health Investors (Q3 2026).
Is Safehold or National Health Investors growing faster?
National Health Investors is growing faster (+26% against +23% a year earlier).
Which is more profitable, Safehold or National Health Investors?
National Health Investors is more profitable, with an operating margin of 495.9% against 24.7%.
More: Safehold earnings · how Safehold makes money · National Health Investors earnings · how National Health Investors makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 9, 2026). Fiscal quarters can end on different dates. Not investment advice.