AHR vs. KIM: American Healthcare REIT vs. Kimco Realty Stock Comparison

Company Profile

American Healthcare REIT (AHR) and Kimco Realty (KIM) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but AHR is classified in Diversified REITs while KIM is classified in Retail REITs.

Kimco Realty (KIM) carries decades of public-market history since November 22, 1991, while American Healthcare REIT (AHR) listed on February 7, 2024 — long-window comparisons have far more historical data on the KIM side.

Both American Healthcare REIT (AHR) and Kimco Realty (KIM) are REITs — read their payout ratios and P/E alongside FFO (funds from operations) rather than at face value.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both American Healthcare REIT (AHR) at 2.33% and Kimco Realty (KIM) at 7.20% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

Neither American Healthcare REIT (AHR) in Equity Real Estate Investment Trusts (REITs) nor Kimco Realty (KIM) in Equity Real Estate Investment Trusts (REITs) is well served by net margin: heavy depreciation makes net income a poor profitability proxy in their businesses, where FFO-based measures are the standard read.

Neither side reports a meaningful operating margin: for American Healthcare REIT (AHR) in Equity Real Estate Investment Trusts (REITs) and Kimco Realty (KIM) in Equity Real Estate Investment Trusts (REITs), funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Both American Healthcare REIT (AHR) at 9.15% and Kimco Realty (KIM) at 5.06% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

EPS growth isn't a meaningful figure for either American Healthcare REIT (AHR) in Equity Real Estate Investment Trusts (REITs) or Kimco Realty (KIM) in Equity Real Estate Investment Trusts (REITs) under our convention.

Growth Metrics

Financial Strength

Both American Healthcare REIT (AHR) at 1.31 and Kimco Realty (KIM) at 1.05 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

American Healthcare REIT (AHR) at 0.27 keeps leverage in the lower industry quartile, while Kimco Realty (KIM) at 0.83 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Kimco Realty (KIM) at 4.14% pays a yield in its industry’s typical range, while American Healthcare REIT (AHR) at 1.78% falls in the bottom quartile of its peers.

An earnings-based payout ratio fits neither American Healthcare REIT (AHR) in Equity Real Estate Investment Trusts (REITs) nor Kimco Realty (KIM) in Equity Real Estate Investment Trusts (REITs): their distributions are mandated and conventionally measured against FFO, so the accounting-earnings ratio overstates both.

Dividend Metrics

Valuation

P/E ratio is not a meaningful valuation yardstick for either American Healthcare REIT (AHR) in Equity Real Estate Investment Trusts (REITs) or Kimco Realty (KIM) in Equity Real Estate Investment Trusts (REITs): depreciation suppresses reported earnings in their businesses, and price-to-FFO is the conventional yardstick instead.

On P/S ratio, both American Healthcare REIT (AHR) at 5.01 and Kimco Realty (KIM) at 7.72 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

On P/B ratio, both American Healthcare REIT (AHR) at 2.42 and Kimco Realty (KIM) at 1.67 are valued close to their industries’ norm against book — neither stands out from peers.

Valuation Metrics