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Side-by-side financial comparison of NATIONAL HEALTH INVESTORS INC (NHI) and Ranger Energy Services, Inc. (RNGR). Click either name above to swap in a different company.

Ranger Energy Services, Inc. is the larger business by last-quarter revenue ($142.2M vs $105.8M, roughly 1.3× NATIONAL HEALTH INVESTORS INC). NATIONAL HEALTH INVESTORS INC runs the higher net margin — 36.1% vs 2.3%, a 33.8% gap on every dollar of revenue. On growth, NATIONAL HEALTH INVESTORS INC posted the faster year-over-year revenue change (23.4% vs -0.6%). Ranger Energy Services, Inc. produced more free cash flow last quarter ($17.1M vs $-57.5M). Over the past eight quarters, NATIONAL HEALTH INVESTORS INC's revenue compounded faster (13.9% CAGR vs 1.9%).

Oscar Health, Inc. is an American for-profit health insurance company, founded in 2012 by Joshua Kushner, Kevin Nazemi and Mario Schlosser, and is headquartered in New York City. The company focuses on the health insurance industry through telemedicine, healthcare focused technological interfaces, and transparent claims pricing systems which would make it easier for patients to navigate.

Ranger Energy Services, Inc. is a leading North American onshore oilfield services provider. It offers a full suite of well completion, workover, rig operations, and production enhancement solutions for upstream oil and gas operators, primarily serving active unconventional shale and tight resource basins across the continental United States.

NHI vs RNGR — Head-to-Head

Bigger by revenue
RNGR
RNGR
1.3× larger
RNGR
$142.2M
$105.8M
NHI
Growing faster (revenue YoY)
NHI
NHI
+24.0% gap
NHI
23.4%
-0.6%
RNGR
Higher net margin
NHI
NHI
33.8% more per $
NHI
36.1%
2.3%
RNGR
More free cash flow
RNGR
RNGR
$74.6M more FCF
RNGR
$17.1M
$-57.5M
NHI
Faster 2-yr revenue CAGR
NHI
NHI
Annualised
NHI
13.9%
1.9%
RNGR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NHI
NHI
RNGR
RNGR
Revenue
$105.8M
$142.2M
Net Profit
$38.2M
$3.2M
Gross Margin
Operating Margin
2.3%
Net Margin
36.1%
2.3%
Revenue YoY
23.4%
-0.6%
Net Profit YoY
-11.7%
-44.8%
EPS (diluted)
$0.80
$0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NHI
NHI
RNGR
RNGR
Q4 25
$105.8M
$142.2M
Q3 25
$89.8M
$128.9M
Q2 25
$90.7M
$140.6M
Q1 25
$89.3M
$135.2M
Q4 24
$85.8M
$143.1M
Q3 24
$82.9M
$153.0M
Q2 24
$85.0M
$138.1M
Q1 24
$81.5M
$136.9M
Net Profit
NHI
NHI
RNGR
RNGR
Q4 25
$38.2M
$3.2M
Q3 25
$32.9M
$1.2M
Q2 25
$37.0M
$7.3M
Q1 25
$34.2M
$600.0K
Q4 24
$43.2M
$5.8M
Q3 24
$28.5M
$8.7M
Q2 24
$35.3M
$4.7M
Q1 24
$30.9M
$-800.0K
Operating Margin
NHI
NHI
RNGR
RNGR
Q4 25
2.3%
Q3 25
2.0%
Q2 25
6.1%
Q1 25
0.7%
Q4 24
6.2%
Q3 24
8.4%
Q2 24
5.3%
Q1 24
-0.4%
Net Margin
NHI
NHI
RNGR
RNGR
Q4 25
36.1%
2.3%
Q3 25
36.6%
0.9%
Q2 25
40.8%
5.2%
Q1 25
38.3%
0.4%
Q4 24
50.4%
4.1%
Q3 24
34.4%
5.7%
Q2 24
41.5%
3.4%
Q1 24
38.0%
-0.6%
EPS (diluted)
NHI
NHI
RNGR
RNGR
Q4 25
$0.80
$0.14
Q3 25
$0.69
$0.05
Q2 25
$0.79
$0.32
Q1 25
$0.74
$0.03
Q4 24
$0.96
$0.24
Q3 24
$0.65
$0.39
Q2 24
$0.81
$0.21
Q1 24
$0.71
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NHI
NHI
RNGR
RNGR
Cash + ST InvestmentsLiquidity on hand
$19.6M
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$300.1M
Total Assets
$2.8B
$419.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NHI
NHI
RNGR
RNGR
Q4 25
$19.6M
$10.3M
Q3 25
$81.6M
$45.2M
Q2 25
$18.6M
$48.9M
Q1 25
$135.0M
$40.3M
Q4 24
$24.3M
$40.9M
Q3 24
$15.6M
$14.8M
Q2 24
$14.8M
$8.7M
Q1 24
$11.4M
$11.1M
Total Debt
NHI
NHI
RNGR
RNGR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
$0
Q2 24
$0
Q1 24
$0
Stockholders' Equity
NHI
NHI
RNGR
RNGR
Q4 25
$1.5B
$300.1M
Q3 25
$1.5B
$270.0M
Q2 25
$1.5B
$276.9M
Q1 25
$1.4B
$272.6M
Q4 24
$1.4B
$273.8M
Q3 24
$1.2B
$267.6M
Q2 24
$1.2B
$260.5M
Q1 24
$1.2B
$261.7M
Total Assets
NHI
NHI
RNGR
RNGR
Q4 25
$2.8B
$419.3M
Q3 25
$2.7B
$372.8M
Q2 25
$2.7B
$381.7M
Q1 25
$2.8B
$376.5M
Q4 24
$2.6B
$381.6M
Q3 24
$2.5B
$373.9M
Q2 24
$2.5B
$359.6M
Q1 24
$2.5B
$355.5M
Debt / Equity
NHI
NHI
RNGR
RNGR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NHI
NHI
RNGR
RNGR
Operating Cash FlowLast quarter
$236.6M
$24.1M
Free Cash FlowOCF − Capex
$-57.5M
$17.1M
FCF MarginFCF / Revenue
-54.3%
12.0%
Capex IntensityCapex / Revenue
277.9%
4.9%
Cash ConversionOCF / Net Profit
6.20×
7.53×
TTM Free Cash FlowTrailing 4 quarters
$42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NHI
NHI
RNGR
RNGR
Q4 25
$236.6M
$24.1M
Q3 25
$62.5M
$13.6M
Q2 25
$59.8M
$20.7M
Q1 25
$46.5M
$10.6M
Q4 24
$207.8M
$32.7M
Q3 24
$48.6M
$17.7M
Q2 24
$60.7M
$22.1M
Q1 24
$40.8M
$12.0M
Free Cash Flow
NHI
NHI
RNGR
RNGR
Q4 25
$-57.5M
$17.1M
Q3 25
$-88.2M
$8.0M
Q2 25
$14.4M
Q1 25
$3.4M
Q4 24
$49.8M
$27.3M
Q3 24
$1.5M
$10.8M
Q2 24
$6.8M
Q1 24
$5.5M
FCF Margin
NHI
NHI
RNGR
RNGR
Q4 25
-54.3%
12.0%
Q3 25
-98.2%
6.2%
Q2 25
10.2%
Q1 25
2.5%
Q4 24
58.1%
19.1%
Q3 24
1.9%
7.1%
Q2 24
4.9%
Q1 24
4.0%
Capex Intensity
NHI
NHI
RNGR
RNGR
Q4 25
277.9%
4.9%
Q3 25
167.8%
4.3%
Q2 25
4.5%
Q1 25
5.3%
Q4 24
184.2%
3.8%
Q3 24
56.8%
4.5%
Q2 24
11.1%
Q1 24
4.7%
Cash Conversion
NHI
NHI
RNGR
RNGR
Q4 25
6.20×
7.53×
Q3 25
1.90×
11.33×
Q2 25
1.62×
2.84×
Q1 25
1.36×
17.67×
Q4 24
4.80×
5.64×
Q3 24
1.70×
2.03×
Q2 24
1.72×
4.70×
Q1 24
1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NHI
NHI

Segment breakdown not available.

RNGR
RNGR

High Specification Rigs$92.3M65%
Processing Solutions And Ancillary Services$37.5M26%
Wireline Services$12.4M9%

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