O vs. OHI: Realty Income vs. Omega Healthcare Investors Stock Comparison
How do Realty Income (O) 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
Realty Income (O) and Omega Healthcare Investors (OHI) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but O is classified in Retail REITs while OHI is classified in Health Care REITs.
Both Realty Income (O) 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 | O | OHI |
|---|---|---|
| Name | Realty Income Corp. | 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 | Retail REITs | Health Care REITs |
| GICS Sub-Industry | Retail REITs | Health Care REITs |
| Market Capitalization | 56.31 billion USD | 15.34 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 18, 1994 | August 7, 1992 |
| Security Type | REIT | REIT |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | O | OHI |
|---|---|---|
| Total Return (1Y) | 10.34% | 18.34% |
| Total Return (3Y, Annualized) | 11.84% | 24.58% |
| Total Return (5Y, Annualized) | 2.34% | 20.23% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | O | OHI |
|---|---|---|
| Volatility (1Y, Annualized) | 16.95% | 20.95% |
| Beta (5Y) | 0.63 | 0.55 |
| Max Drawdown (5Y) | -34.47% | -19.92% |
| Avg. Volume (3M) | 7.39M | 1.96M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | O | OHI |
|---|---|---|
| Sharpe Ratio (1Y) | 0.36 | 0.67 |
| Sortino Ratio (1Y) | 0.52 | 1.04 |
Profitability
ROE (TTM)
Omega Healthcare Investors (OHI) at 14.48% sits in the top ROE quartile, while Realty Income (O) at 3.48% is closer to the peer norm — stronger capital efficiency for OHI.
O
Equity Real Estate Investment Trusts (REITs) industry group
3.48%
- Max
- 22.74%
- Q3
- 10.54%
- Median
- 6.38%
- O
- 3.48%
- 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 Realty Income (O) 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 Realty Income (O) 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 | O | OHI |
|---|---|---|
| ROE (TTM) | 3.48% | 14.48% |
| ROA (TTM) | 2.44% | 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 Realty Income (O) at 9.07% is closer to the peer norm — faster top-line expansion for OHI.
EPS Growth
EPS growth isn't a meaningful figure for either Realty Income (O) 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 | O | OHI |
|---|---|---|
| Revenue Growth (YoY) | 9.07% | 13.19% |
| Revenue Growth (3Y CAGR) | 19.80% | 10.66% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Realty Income (O) at 2.17 carries current ratio above its industry’s typical mid-range, while Omega Healthcare Investors (OHI) at 0.49 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
O
Equity Real Estate Investment Trusts (REITs) industry group
2.17
- Max
- 4.19
- O
- 2.17
- Q3
- 2.11
- Median
- 1.31
- 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 Realty Income (O) at 0.75 runs a more typical debt-to-equity mix.
O
Equity Real Estate Investment Trusts (REITs) industry group
0.75
- Max
- 2.72
- Q3
- 1.59
- Median
- 0.99
- O
- 0.75
- 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 | O | OHI |
|---|---|---|
| Current Ratio (MRQ) | 2.17 | 0.49 |
| Debt / Equity (MRQ) | 0.75 | 0.70 |
| Net Debt / EBITDA | 5.77 | 3.43 |
Dividends
Dividend Yield (TTM)
Both Realty Income (O) at 5.45% and Omega Healthcare Investors (OHI) at 5.63% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
O
Equity Real Estate Investment Trusts (REITs) industry group
5.45%
- Max
- 8.62%
- Q3
- 5.95%
- O
- 5.45%
- Median
- 4.34%
- 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 Realty Income (O) 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 | O | OHI |
|---|---|---|
| Dividend Yield (TTM) | 5.45% | 5.63% |
| Dividend Payout Ratio (TTM) | -- | -- |
Valuation
P/E Ratio (TTM)
P/E ratio is not a meaningful valuation yardstick for either Realty Income (O) 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 Realty Income (O) at 9.06 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.
O
Equity Real Estate Investment Trusts (REITs) industry group
9.06
- Max
- 14.47
- O
- 9.06
- 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)
Realty Income (O) at 1.42 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.
O
Equity Real Estate Investment Trusts (REITs) industry group
1.42
- Max
- 4.06
- Q3
- 2.53
- Median
- 1.64
- O
- 1.42
- 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 | O | OHI |
|---|---|---|
| P/E Ratio (TTM) | -- | -- |
| P/S Ratio (TTM) | 9.06 | 12.18 |
| P/B Ratio (MRQ) | 1.42 | 2.66 |
| Free Cash Flow Yield (TTM) | -- | -- |