EXR vs. OHI: Extra Space Storage vs. Omega Healthcare Investors Stock Comparison
How do Extra Space Storage (EXR) and Omega Healthcare Investors (OHI) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Extra Space Storage (EXR) and Omega Healthcare Investors (OHI) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but EXR is classified in Specialized REITs while OHI is classified in Health Care REITs.
Both Extra Space Storage (EXR) and Omega Healthcare Investors (OHI) are REITs — read their payout ratios and P/E alongside FFO (funds from operations) rather than at face value.
| Profile Item | EXR | OHI |
|---|---|---|
| Name | Extra Space Storage Inc. | Omega Healthcare Investors Inc. |
| Country/Region | United States | United States |
| GICS Sector | Real Estate | Real Estate |
| GICS Industry Group | Equity Real Estate Investment Trusts (REITs) | Equity Real Estate Investment Trusts (REITs) |
| GICS Industry | Specialized REITs | Health Care REITs |
| GICS Sub-Industry | Self-Storage REITs | Health Care REITs |
| Market Capitalization | 34.73 billion USD | 15.34 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | August 16, 2004 | August 7, 1992 |
| Security Type | REIT | REIT |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EXR | OHI |
|---|---|---|
| Total Return (1Y) | 26.81% | 18.34% |
| Total Return (3Y, Annualized) | 15.90% | 24.58% |
| Total Return (5Y, Annualized) | 0.02% | 20.23% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EXR | OHI |
|---|---|---|
| Volatility (1Y, Annualized) | 22.51% | 20.95% |
| Beta (5Y) | 1.05 | 0.55 |
| Max Drawdown (5Y) | -51.36% | -19.92% |
| Avg. Volume (3M) | 1.28M | 1.96M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EXR | OHI |
|---|---|---|
| Sharpe Ratio (1Y) | 1.00 | 0.67 |
| Sortino Ratio (1Y) | 1.54 | 1.04 |
Profitability
ROE (TTM)
Omega Healthcare Investors (OHI) at 14.48% sits in the top ROE quartile, while Extra Space Storage (EXR) at 7.71% is closer to the peer norm — stronger capital efficiency for OHI.
EXR
Equity Real Estate Investment Trusts (REITs) industry group
7.71%
- Max
- 22.74%
- Q3
- 10.54%
- EXR
- 7.71%
- Median
- 6.38%
- Q1
- 1.69%
- Min
- -10.86%
OHI
Equity Real Estate Investment Trusts (REITs) industry group
14.48%
- Max
- 22.74%
- OHI
- 14.48%
- Q3
- 10.54%
- Median
- 6.38%
- Q1
- 1.69%
- Min
- -10.86%
Net Margin (TTM)
Neither Extra Space Storage (EXR) 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.
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Extra Space Storage (EXR) 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
| Metric | EXR | OHI |
|---|---|---|
| ROE (TTM) | 7.71% | 14.48% |
| ROA (TTM) | 3.39% | 4.75% |
| Net Margin (TTM) | -- | -- |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Omega Healthcare Investors (OHI) at 13.19% sits in the top revenue growth quartile, while Extra Space Storage (EXR) at 3.70% is closer to the peer norm — faster top-line expansion for OHI.
EPS Growth
EPS growth isn't a meaningful figure for either Extra Space Storage (EXR) in Equity Real Estate Investment Trusts (REITs) or Omega Healthcare Investors (OHI) in Equity Real Estate Investment Trusts (REITs) under our convention.
Growth Metrics
| Metric | EXR | OHI |
|---|---|---|
| Revenue Growth (YoY) | 3.70% | 13.19% |
| Revenue Growth (3Y CAGR) | 20.63% | 10.66% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Extra Space Storage (EXR) at 0.87 keeps current ratio within its industry’s typical mid-range, while Omega Healthcare Investors (OHI) at 0.49 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for OHI.
EXR
Equity Real Estate Investment Trusts (REITs) industry group
0.87
- Max
- 4.19
- Q3
- 2.11
- Median
- 1.31
- EXR
- 0.87
- Q1
- 0.62
- Min
- 0.06
OHI
Equity Real Estate Investment Trusts (REITs) industry group
0.49
- Max
- 4.19
- Q3
- 2.11
- Median
- 1.31
- Q1
- 0.62
- OHI
- 0.49
- Min
- 0.06
Debt / Equity (MRQ)
Omega Healthcare Investors (OHI) at 0.70 keeps leverage in the lower industry quartile, while Extra Space Storage (EXR) at 1.03 runs a more typical debt-to-equity mix.
EXR
Equity Real Estate Investment Trusts (REITs) industry group
1.03
- Max
- 2.72
- Q3
- 1.59
- EXR
- 1.03
- Median
- 0.99
- Q1
- 0.72
- Min
- 0.20
OHI
Equity Real Estate Investment Trusts (REITs) industry group
0.70
- Max
- 2.72
- Q3
- 1.59
- Median
- 0.99
- Q1
- 0.72
- OHI
- 0.70
- Min
- 0.20
Financial Strength Metrics
| Metric | EXR | OHI |
|---|---|---|
| Current Ratio (MRQ) | 0.87 | 0.49 |
| Debt / Equity (MRQ) | 1.03 | 0.70 |
| Net Debt / EBITDA | 6.07 | 3.43 |
Dividends
Dividend Yield (TTM)
Both Extra Space Storage (EXR) at 4.05% and Omega Healthcare Investors (OHI) at 5.63% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
EXR
Equity Real Estate Investment Trusts (REITs) industry group
4.05%
- Max
- 8.62%
- Q3
- 5.95%
- Median
- 4.34%
- EXR
- 4.05%
- Q1
- 3.26%
- Min
- 0.00%
OHI
Equity Real Estate Investment Trusts (REITs) industry group
5.63%
- Max
- 8.62%
- Q3
- 5.95%
- OHI
- 5.63%
- Median
- 4.34%
- Q1
- 3.26%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
An earnings-based payout ratio fits neither Extra Space Storage (EXR) 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
| Metric | EXR | OHI |
|---|---|---|
| Dividend Yield (TTM) | 4.05% | 5.63% |
| Dividend Payout Ratio (TTM) | -- | -- |
Valuation
P/E Ratio (TTM)
P/E ratio is not a meaningful valuation yardstick for either Extra Space Storage (EXR) 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.
P/S Ratio (TTM)
Both Extra Space Storage (EXR) at 9.86 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.
EXR
Equity Real Estate Investment Trusts (REITs) industry group
9.86
- Max
- 14.47
- EXR
- 9.86
- Q3
- 8.02
- Median
- 5.98
- Q1
- 3.27
- Min
- 0.43
OHI
Equity Real Estate Investment Trusts (REITs) industry group
12.18
- Max
- 14.47
- OHI
- 12.18
- Q3
- 8.02
- Median
- 5.98
- Q1
- 3.27
- Min
- 0.43
P/B Ratio (MRQ)
Both Extra Space Storage (EXR) at 2.59 and Omega Healthcare Investors (OHI) at 2.66 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
EXR
Equity Real Estate Investment Trusts (REITs) industry group
2.59
- Max
- 4.06
- EXR
- 2.59
- Q3
- 2.53
- Median
- 1.64
- Q1
- 1.06
- Min
- 0.21
OHI
Equity Real Estate Investment Trusts (REITs) industry group
2.66
- Max
- 4.06
- OHI
- 2.66
- Q3
- 2.53
- Median
- 1.64
- Q1
- 1.06
- Min
- 0.21
Valuation Metrics
| Metric | EXR | OHI |
|---|---|---|
| P/E Ratio (TTM) | -- | -- |
| P/S Ratio (TTM) | 9.86 | 12.18 |
| P/B Ratio (MRQ) | 2.59 | 2.66 |
| Free Cash Flow Yield (TTM) | -- | -- |