Omega Healthcare Investors (OHI) Stock Analysis
This is a peer-relative look at Omega Healthcare Investors (OHI): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Equity Real Estate Investment Trusts (REITs) peers, so every number reads in context rather than in isolation.
Company Profile
Omega Healthcare Investors (OHI) is a REIT, a distribution-oriented structure — read its payout ratio and P/E alongside FFO (funds from operations) rather than at face value.
| Profile Item | OHI |
|---|---|
| Name | Omega Healthcare Investors Inc. |
| Country/Region | United States |
| GICS Sector | Real Estate |
| GICS Industry Group | Equity Real Estate Investment Trusts (REITs) |
| GICS Industry | Health Care REITs |
| GICS Sub-Industry | Health Care REITs |
| Market Capitalization | 15.34 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | August 7, 1992 |
| Security Type | REIT |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: OHI | Industry group median |
|---|---|---|
| Total Return (1Y) | 18.34% | 12.32% |
| Total Return (3Y, Annualized) | 24.58% | 12.70% |
| Total Return (5Y, Annualized) | 20.23% | 0.76% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: OHI | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 20.95% | 23.60% |
| Beta (5Y) | 0.55 | 0.93 |
| Max Drawdown (5Y) | -19.92% | -42.02% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: OHI | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | 0.67 | 0.37 |
| Sortino Ratio (1Y) | 1.04 | 0.55 |
Profitability
ROE (TTM)
Omega Healthcare Investors (OHI) posts ROE of 14.48%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.
OHI
Equity Real Estate Investment Trusts (REITs) industry group
14.48%
Group distribution
- Max
- 22.74%
- OHI
- 14.48%
- Q3
- 10.54%
- Median
- 6.38%
- Q1
- 1.69%
- Min
- -10.86%
Largest peers
- SPG
- 129.35%
- AMT
- 32.96%
- OHI
- 14.48%
- EQIX
- 11.45%
- PLD
- 7.71%
- WELL
- 3.92%
- DLR
- 3.34%
Net Margin (TTM)
net margin is set aside for Omega Healthcare Investors (OHI) in Equity Real Estate Investment Trusts (REITs): heavy depreciation can make net income a poor proxy for cash profitability, so FFO-based measures usually carry the read.
Operating Margin (TTM)
operating margin is set aside for Omega Healthcare Investors (OHI) in Equity Real Estate Investment Trusts (REITs): the operating-income line is not a clean boundary for this business model, so net margin, ROE, FFO, or industry-specific measures may be more useful.
Profitability Metrics
| Metric | Current stock: OHI | Industry group median |
|---|---|---|
| ROE (TTM) | 14.48% | 6.38% |
| ROA (TTM) | 4.75% | 2.44% |
| Net Margin (TTM) | -- | -- |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Omega Healthcare Investors (OHI) grew revenue 13.19%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.
EPS Growth
EPS growth is not assessed for Omega Healthcare Investors (OHI) in Equity Real Estate Investment Trusts (REITs): under this industry convention, per-share earnings need a different yardstick.
Growth Metrics
| Metric | Current stock: OHI | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 13.19% | 5.25% |
| Revenue Growth (3Y CAGR) | 10.66% | 5.09% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Omega Healthcare Investors (OHI) has current ratio of 0.49, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.
OHI
Equity Real Estate Investment Trusts (REITs) industry group
0.49
Group distribution
- Max
- 4.19
- Q3
- 2.11
- Median
- 1.31
- Q1
- 0.62
- OHI
- 0.49
- Min
- 0.06
Largest peers
- WELL
- 1.66
- EQIX
- 1.04
- PLD
- 0.73
- DLR
- 0.58
- OHI
- 0.49
- SPG
- 0.39
- AMT
- 0.35
Debt / Equity (MRQ)
Omega Healthcare Investors (OHI) has debt-to-equity ratio of 0.70, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.
OHI
Equity Real Estate Investment Trusts (REITs) industry group
0.70
Group distribution
- Max
- 2.72
- Q3
- 1.59
- Median
- 0.99
- Q1
- 0.72
- OHI
- 0.70
- Min
- 0.20
Largest peers
- SPG
- 5.67
- AMT
- 4.64
- EQIX
- 1.81
- OHI
- 0.70
- DLR
- 0.69
- PLD
- 0.62
- WELL
- 0.42
Financial Strength Metrics
| Metric | Current stock: OHI | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 0.49 | 1.31 |
| Debt / Equity (MRQ) | 0.70 | 0.99 |
| Net Debt / EBITDA | 3.43 | 5.82 |
Dividends
Dividend Yield (TTM)
Omega Healthcare Investors (OHI) has dividend yield of 5.63%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.
OHI
Equity Real Estate Investment Trusts (REITs) industry group
5.63%
Group distribution
- Max
- 8.62%
- Q3
- 5.95%
- OHI
- 5.63%
- Median
- 4.34%
- Q1
- 3.26%
- Min
- 0.00%
Largest peers
- OHI
- 5.63%
- AMT
- 3.64%
- PLD
- 3.28%
- DLR
- 2.79%
- EQIX
- 2.02%
- WELL
- 1.30%
- SPG
- 0.97%
Dividend Payout Ratio (TTM)
payout ratio is not assessed for Omega Healthcare Investors (OHI) in Equity Real Estate Investment Trusts (REITs): distributions in this industry are better read against FFO or cash-flow measures than accounting earnings.
Dividend Metrics
| Metric | Current stock: OHI | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 5.63% | 4.34% |
| Dividend Payout Ratio (TTM) | -- | -- |
Valuation
P/E Ratio (TTM)
P/E ratio is not assessed for Omega Healthcare Investors (OHI) in Equity Real Estate Investment Trusts (REITs): depreciation can depress accounting earnings in this industry, so price-to-FFO is the more relevant valuation yardstick.
P/S Ratio (TTM)
Omega Healthcare Investors (OHI) trades at 12.18 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.
OHI
Equity Real Estate Investment Trusts (REITs) industry group
12.18
Group distribution
- Max
- 14.47
- OHI
- 12.18
- Q3
- 8.02
- Median
- 5.98
- Q1
- 3.27
- Min
- 0.43
Largest peers
- WELL
- 13.03
- PLD
- 12.48
- OHI
- 12.18
- SPG
- 12.09
- EQIX
- 9.88
- DLR
- 9.47
- AMT
- 7.95
P/B Ratio (MRQ)
Omega Healthcare Investors (OHI) trades at 2.66 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.
OHI
Equity Real Estate Investment Trusts (REITs) industry group
2.66
Group distribution
- Max
- 4.06
- OHI
- 2.66
- Q3
- 2.53
- Median
- 1.64
- Q1
- 1.06
- Min
- 0.21
Largest peers
- AMT
- 24.92
- SPG
- 19.38
- EQIX
- 6.90
- WELL
- 3.69
- OHI
- 2.66
- DLR
- 2.39
- PLD
- 2.16
Valuation Metrics
| Metric | Current stock: OHI | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | -- | -- |
| P/S Ratio (TTM) | 12.18 | 5.98 |
| P/B Ratio (MRQ) | 2.66 | 1.64 |
| Free Cash Flow Yield (TTM) | -- | -- |