DLR vs. OHI: Digital Realty Trust vs. Omega Healthcare Investors Stock Comparison

Company Profile

Digital Realty Trust (DLR) and Omega Healthcare Investors (OHI) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but DLR is classified in Specialized REITs while OHI is classified in Health Care REITs.

Both Digital Realty Trust (DLR) and Omega Healthcare Investors (OHI) 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

Omega Healthcare Investors (OHI) at 14.48% sits in the top ROE quartile, while Digital Realty Trust (DLR) at 3.34% is closer to the peer norm — stronger capital efficiency for OHI.

Neither Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) nor Omega Healthcare Investors (OHI) 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 Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) and Omega Healthcare Investors (OHI) 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 Digital Realty Trust (DLR) at 10.04% and Omega Healthcare Investors (OHI) at 13.19% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

EPS growth isn't a meaningful figure for either Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) or Omega Healthcare Investors (OHI) in Equity Real Estate Investment Trusts (REITs) under our convention.

Growth Metrics

Financial Strength

Both Digital Realty Trust (DLR) at 0.58 and Omega Healthcare Investors (OHI) at 0.49 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

Both Digital Realty Trust (DLR) at 0.69 and Omega Healthcare Investors (OHI) at 0.70 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

Financial Strength Metrics

Dividends

Omega Healthcare Investors (OHI) at 5.63% pays a yield in its industry’s typical range, while Digital Realty Trust (DLR) at 2.79% falls in the bottom quartile of its peers.

An earnings-based payout ratio fits neither Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) nor Omega Healthcare Investors (OHI) 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 Digital Realty Trust (DLR) in Equity Real Estate Investment Trusts (REITs) or Omega Healthcare Investors (OHI) in Equity Real Estate Investment Trusts (REITs): depreciation suppresses reported earnings in their businesses, and price-to-FFO is the conventional yardstick instead.

Both Digital Realty Trust (DLR) at 9.47 and Omega Healthcare Investors (OHI) at 12.18 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

Digital Realty Trust (DLR) at 2.39 is valued about in line with its industry on P/B ratio, while Omega Healthcare Investors (OHI) at 2.66 carries an above-peer premium to book — OHI is pricier on assets.

Valuation Metrics