OHI vs. WELL: Omega Healthcare Investors vs. Welltower Stock Comparison

Company Profile

Omega Healthcare Investors (OHI) and Welltower (WELL) are both classified in the Health Care REITs sub-industry within the broader Health Care REITs industry, placing them in the closest GICS peer bucket.

Both Omega Healthcare Investors (OHI) and Welltower (WELL) 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 Welltower (WELL) at 3.92% is closer to the peer norm — stronger capital efficiency for OHI.

Neither Omega Healthcare Investors (OHI) in Equity Real Estate Investment Trusts (REITs) nor Welltower (WELL) 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 Omega Healthcare Investors (OHI) in Equity Real Estate Investment Trusts (REITs) and Welltower (WELL) 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 companies are growing quickly, but Welltower (WELL) at 35.82% is the standout with revenue growth above its industry range; Omega Healthcare Investors (OHI) at 13.19% also sits in the top quartile.

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

Growth Metrics

Financial Strength

Welltower (WELL) at 1.66 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.

Both Omega Healthcare Investors (OHI) at 0.70 and Welltower (WELL) at 0.42 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 Welltower (WELL) at 1.30% falls in the bottom quartile of its peers.

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

Both Omega Healthcare Investors (OHI) at 12.18 and Welltower (WELL) at 13.03 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

Both Omega Healthcare Investors (OHI) at 2.66 and Welltower (WELL) at 3.69 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

Valuation Metrics