INVH vs. OHI: Invitation Homes vs. Omega Healthcare Investors Stock Comparison

Company Profile

Invitation Homes (INVH) and Omega Healthcare Investors (OHI) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but INVH is classified in Residential REITs while OHI is classified in Health Care REITs.

Both Invitation Homes (INVH) 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 Invitation Homes (INVH) at 7.40% is closer to the peer norm — stronger capital efficiency for OHI.

Neither Invitation Homes (INVH) 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 Invitation Homes (INVH) 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

Omega Healthcare Investors (OHI) at 13.19% sits in the top revenue growth quartile, while Invitation Homes (INVH) at 4.21% is closer to the peer norm — faster top-line expansion for OHI.

EPS growth isn't a meaningful figure for either Invitation Homes (INVH) 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 Invitation Homes (INVH) at 0.61 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.

Omega Healthcare Investors (OHI) at 0.70 keeps leverage in the lower industry quartile, while Invitation Homes (INVH) at 0.99 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Both Invitation Homes (INVH) at 4.35% and Omega Healthcare Investors (OHI) at 5.63% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

An earnings-based payout ratio fits neither Invitation Homes (INVH) 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 Invitation Homes (INVH) 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.

Invitation Homes (INVH) at 5.49 is priced about in line with its industry on P/S ratio, while Omega Healthcare Investors (OHI) at 12.18 sits in the pricier quartile — OHI costs more per dollar of sales.

Invitation Homes (INVH) at 1.79 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