Annual Income Statements for Omega Healthcare Investors
This table shows Omega Healthcare Investors' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Omega Healthcare Investors
This table shows Omega Healthcare Investors' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
102 |
46 |
36 |
60 |
91 |
55 |
67 |
114 |
112 |
113 |
109 |
Consolidated Net Income / (Loss) |
|
105 |
47 |
37 |
62 |
94 |
57 |
69 |
117 |
115 |
116 |
112 |
Net Income / (Loss) Continuing Operations |
|
105 |
47 |
37 |
62 |
94 |
57 |
69 |
117 |
115 |
116 |
112 |
Total Pre-Tax Income |
|
102 |
48 |
35 |
62 |
97 |
62 |
72 |
119 |
111 |
119 |
115 |
Total Revenue |
|
222 |
296 |
160 |
192 |
183 |
179 |
191 |
199 |
221 |
219 |
235 |
Net Interest Income / (Expense) |
|
-27 |
-28 |
-30 |
-30 |
-28 |
-28 |
-22 |
-16 |
-15 |
-12 |
-9.16 |
Total Interest Income |
|
31 |
30 |
28 |
29 |
31 |
32 |
36 |
38 |
40 |
43 |
43 |
Loans and Leases Interest Income |
|
31 |
30 |
28 |
29 |
31 |
32 |
36 |
38 |
40 |
43 |
43 |
Total Interest Expense |
|
58 |
58 |
59 |
59 |
59 |
59 |
58 |
54 |
55 |
55 |
52 |
Long-Term Debt Interest Expense |
|
58 |
58 |
59 |
59 |
59 |
59 |
58 |
54 |
55 |
55 |
52 |
Total Non-Interest Income |
|
249 |
325 |
190 |
222 |
211 |
207 |
213 |
215 |
236 |
231 |
244 |
Other Service Charges |
|
0.24 |
4.64 |
0.45 |
2.63 |
1.21 |
-0.83 |
5.82 |
0.39 |
4.60 |
-4.54 |
1.49 |
Net Realized & Unrealized Capital Gains on Investments |
|
41 |
- |
- |
- |
- |
- |
- |
- |
-0.24 |
- |
10 |
Other Non-Interest Income |
|
208 |
115 |
189 |
219 |
210 |
208 |
207 |
214 |
231 |
235 |
232 |
Provision for Credit Losses |
|
4.11 |
64 |
-4.06 |
13 |
2.73 |
33 |
8.47 |
-14 |
-9.06 |
-0.72 |
5.09 |
Total Non-Interest Expense |
|
115 |
182 |
132 |
117 |
89 |
96 |
109 |
97 |
118 |
106 |
118 |
Other Operating Expenses |
|
22 |
20 |
25 |
26 |
24 |
22 |
25 |
26 |
25 |
26 |
35 |
Depreciation Expense |
|
83 |
84 |
81 |
82 |
81 |
76 |
75 |
74 |
77 |
79 |
80 |
Impairment Charge |
|
10 |
17 |
39 |
21 |
28 |
3.95 |
5.29 |
8.18 |
8.62 |
1.74 |
1.24 |
Restructuring Charge |
|
0.19 |
36 |
0.64 |
0.42 |
0.12 |
4.16 |
2.60 |
1.78 |
6.44 |
0.80 |
1.46 |
Nonoperating Income / (Expense), net |
|
-0.55 |
-1.37 |
2.71 |
0.00 |
5.40 |
12 |
-1.28 |
3.15 |
-1.18 |
4.39 |
3.05 |
Income Tax Expense |
|
1.19 |
1.03 |
-1.29 |
1.63 |
1.76 |
4.16 |
2.58 |
1.98 |
3.32 |
2.98 |
3.61 |
Other Gains / (Losses), net |
|
4.12 |
-0.26 |
0.83 |
1.07 |
-1.35 |
-1.14 |
0.10 |
0.14 |
6.88 |
0.80 |
1.08 |
Net Income / (Loss) Attributable to Noncontrolling Interest |
|
2.79 |
1.13 |
0.90 |
1.67 |
2.53 |
1.52 |
1.99 |
3.22 |
3.15 |
3.12 |
3.03 |
Basic Earnings per Share |
|
$0.44 |
$0.20 |
$0.15 |
$0.25 |
$0.37 |
$0.24 |
$0.27 |
$0.46 |
$0.43 |
$0.41 |
$0.34 |
Weighted Average Basic Shares Outstanding |
|
234.18M |
234.27M |
234.35M |
244.87M |
244.99M |
245.30M |
247.10M |
257.84M |
269.95M |
281.84M |
289.40M |
Diluted Earnings per Share |
|
$0.43 |
$0.20 |
$0.15 |
$0.25 |
$0.37 |
$0.23 |
$0.27 |
$0.45 |
$0.42 |
$0.41 |
$0.33 |
Weighted Average Diluted Shares Outstanding |
|
234.18M |
234.27M |
234.35M |
244.87M |
244.99M |
245.30M |
247.10M |
257.84M |
269.95M |
281.84M |
289.40M |
Weighted Average Basic & Diluted Shares Outstanding |
|
234.18M |
234.27M |
234.35M |
244.87M |
244.99M |
245.30M |
247.10M |
257.84M |
269.95M |
281.84M |
289.40M |
Cash Dividends to Common per Share |
|
$0.67 |
- |
$0.67 |
$0.67 |
$0.67 |
- |
$0.67 |
$0.67 |
$0.67 |
- |
$0.67 |
Annual Cash Flow Statements for Omega Healthcare Investors
This table details how cash moves in and out of Omega Healthcare Investors' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-14 |
87 |
-10 |
-85 |
22 |
134 |
-143 |
276 |
144 |
104 |
Net Cash From Operating Activities |
|
-17 |
625 |
578 |
499 |
554 |
708 |
722 |
626 |
618 |
749 |
Net Cash From Continuing Operating Activities |
|
449 |
625 |
578 |
499 |
554 |
708 |
723 |
626 |
618 |
749 |
Net Income / (Loss) Continuing Operations |
|
0.00 |
383 |
105 |
294 |
352 |
164 |
428 |
439 |
249 |
418 |
Consolidated Net Income / (Loss) |
|
- |
383 |
105 |
294 |
352 |
164 |
428 |
439 |
249 |
418 |
Provision For Loan Losses |
|
7.87 |
9.85 |
15 |
0.00 |
11 |
185 |
117 |
193 |
65 |
-11 |
Depreciation Expense |
|
211 |
267 |
288 |
281 |
302 |
330 |
342 |
332 |
320 |
305 |
Amortization Expense |
|
22 |
-2.53 |
7.80 |
-1.75 |
3.66 |
-2.58 |
34 |
7.68 |
4.74 |
10 |
Non-Cash Adjustments to Reconcile Net Income |
|
209 |
-32 |
227 |
-7.73 |
-37 |
35 |
-105 |
-303 |
36 |
38 |
Changes in Operating Assets and Liabilities, net |
|
0.15 |
-1.03 |
-64 |
-66 |
-77 |
-1.87 |
-93 |
-44 |
-57 |
-10 |
Net Cash From Investing Activities |
|
-397 |
-1,114 |
-285 |
-173 |
-379 |
-89 |
-524 |
443 |
-0.77 |
-671 |
Net Cash From Continuing Investing Activities |
|
-397 |
-1,114 |
-285 |
-173 |
-379 |
-89 |
-524 |
443 |
-0.77 |
-671 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-191 |
-109 |
-124 |
-169 |
-53 |
-106 |
-45 |
-47 |
-83 |
-107 |
Purchase of Investment Securities |
|
-380 |
-1,332 |
-566 |
-556 |
-603 |
-344 |
-867 |
-602 |
-684 |
-871 |
Divestitures |
|
85 |
1.32 |
15 |
5.47 |
9.08 |
6.29 |
18 |
3.33 |
8.81 |
1.02 |
Sale and/or Maturity of Investments |
|
89 |
326 |
391 |
547 |
459 |
357 |
476 |
1,105 |
757 |
306 |
Net Cash From Financing Activities |
|
-65 |
576 |
-304 |
-411 |
-154 |
-486 |
-341 |
-789 |
-473 |
26 |
Net Cash From Continuing Financing Activities |
|
-65 |
576 |
-304 |
-411 |
-154 |
-486 |
-341 |
-789 |
-473 |
26 |
Issuance of Debt |
|
3,664 |
2,352 |
3,034 |
1,291 |
2,002 |
1,852 |
2,275 |
597 |
507 |
658 |
Issuance of Common Equity |
|
590 |
260 |
59 |
122 |
516 |
152 |
274 |
8.11 |
336 |
1,236 |
Repayment of Debt |
|
-3,923 |
-1,537 |
-2,869 |
-1,270 |
-2,086 |
-1,856 |
-2,227 |
-590 |
-739 |
-1,152 |
Repurchase of Common Equity |
|
- |
- |
- |
- |
- |
0.00 |
0.00 |
-142 |
0.00 |
0.00 |
Payment of Dividends |
|
-370 |
-453 |
-503 |
-529 |
-585 |
-612 |
-663 |
-653 |
-670 |
-715 |
Other Financing Activities, Net |
|
-27 |
-45 |
-25 |
-25 |
0.00 |
-21 |
-0.08 |
-9.62 |
92 |
-0.14 |
Effect of Exchange Rate Changes |
|
- |
- |
0.57 |
-0.59 |
- |
0.53 |
- |
- |
0.43 |
-0.58 |
Quarterly Cash Flow Statements for Omega Healthcare Investors
This table details how cash moves in and out of Omega Healthcare Investors' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
-30 |
162 |
-52 |
108 |
201 |
-113 |
-82 |
-324 |
321 |
188 |
-145 |
Net Cash From Operating Activities |
|
167 |
154 |
111 |
170 |
171 |
165 |
151 |
184 |
185 |
229 |
182 |
Net Cash From Continuing Operating Activities |
|
167 |
154 |
111 |
170 |
171 |
165 |
151 |
184 |
185 |
229 |
182 |
Net Income / (Loss) Continuing Operations |
|
105 |
47 |
37 |
62 |
94 |
57 |
69 |
117 |
115 |
116 |
112 |
Consolidated Net Income / (Loss) |
|
105 |
47 |
37 |
62 |
94 |
57 |
69 |
117 |
115 |
116 |
112 |
Provision For Loan Losses |
|
18 |
160 |
8.44 |
14 |
9.97 |
33 |
8.47 |
-14 |
-7.93 |
2.32 |
5.09 |
Depreciation Expense |
|
83 |
84 |
81 |
82 |
81 |
76 |
75 |
74 |
77 |
79 |
80 |
Amortization Expense |
|
2.65 |
1.15 |
-2.87 |
2.61 |
1.35 |
3.65 |
4.43 |
3.04 |
0.78 |
2.21 |
1.38 |
Non-Cash Adjustments to Reconcile Net Income |
|
-28 |
-156 |
32 |
15 |
-7.88 |
-2.48 |
13 |
2.19 |
9.66 |
13 |
15 |
Changes in Operating Assets and Liabilities, net |
|
-14 |
17 |
-44 |
-4.58 |
-7.12 |
-1.30 |
-19 |
1.73 |
-9.78 |
16 |
-31 |
Net Cash From Investing Activities |
|
-4.75 |
170 |
2.66 |
-187 |
73 |
111 |
-47 |
-209 |
-133 |
-282 |
19 |
Net Cash From Continuing Investing Activities |
|
-4.75 |
170 |
2.66 |
-187 |
73 |
111 |
-47 |
-209 |
-133 |
-282 |
19 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-3.48 |
-9.50 |
-5.34 |
-7.85 |
-10 |
-59 |
-21 |
-35 |
-25 |
-25 |
-35 |
Acquisitions |
|
- |
- |
0.00 |
-8.20 |
- |
- |
- |
- |
- |
- |
-30 |
Purchase of Investment Securities |
|
-139 |
-146 |
-58 |
-280 |
-128 |
-218 |
-61 |
-252 |
-182 |
-377 |
-100 |
Divestitures |
|
0.16 |
1.99 |
0.38 |
0.75 |
1.88 |
5.79 |
0.94 |
0.31 |
1.59 |
-1.82 |
1.16 |
Sale and/or Maturity of Investments |
|
149 |
328 |
70 |
115 |
213 |
360 |
34 |
77 |
72 |
122 |
184 |
Net Cash From Financing Activities |
|
-191 |
-162 |
-166 |
125 |
-42 |
-390 |
-186 |
-299 |
268 |
243 |
-348 |
Net Cash From Continuing Financing Activities |
|
-191 |
-162 |
-166 |
125 |
-42 |
-390 |
-186 |
-299 |
268 |
243 |
-348 |
Issuance of Common Equity |
|
2.33 |
2.29 |
1.99 |
200 |
126 |
8.66 |
32 |
243 |
526 |
434 |
261 |
Repayment of Debt |
|
-113 |
-1.90 |
-1.92 |
-84 |
-425 |
-228 |
-43 |
-849 |
-258 |
-2.63 |
-401 |
Payment of Dividends |
|
-162 |
-162 |
-167 |
-163 |
-170 |
-170 |
-175 |
-172 |
-180 |
-188 |
-208 |
Other Net Changes in Cash |
|
- |
0.33 |
0.28 |
0.21 |
-0.35 |
- |
- |
- |
- |
- |
1.82 |
Annual Balance Sheets for Omega Healthcare Investors
This table presents Omega Healthcare Investors' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
7,990 |
8,949 |
8,773 |
17,182 |
9,796 |
9,497 |
9,638 |
9,405 |
9,117 |
9,898 |
Cash and Due from Banks |
|
5.42 |
94 |
86 |
21 |
24 |
164 |
21 |
297 |
443 |
518 |
Restricted Cash |
|
15 |
- |
11 |
2.74 |
9.26 |
4.02 |
3.88 |
3.54 |
1.92 |
30 |
Trading Account Securities |
|
- |
49 |
37 |
62 |
200 |
201 |
195 |
179 |
188 |
89 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
5,725 |
6,326 |
6,279 |
-3,125 |
7,199 |
6,705 |
6,847 |
6,537 |
5,903 |
6,339 |
Goodwill |
|
646 |
643 |
645 |
1,288 |
644 |
652 |
651 |
643 |
644 |
644 |
Other Assets |
|
920 |
1,198 |
1,045 |
1,392 |
946 |
887 |
1,921 |
1,745 |
1,938 |
2,278 |
Total Liabilities & Shareholders' Equity |
|
7,990 |
8,949 |
8,773 |
17,182 |
9,796 |
9,497 |
9,638 |
9,405 |
9,117 |
9,898 |
Total Liabilities |
|
3,889 |
4,737 |
4,885 |
4,667 |
5,460 |
5,461 |
5,530 |
5,602 |
5,355 |
5,167 |
Short-Term Debt |
|
230 |
190 |
290 |
313 |
125 |
101 |
0.00 |
19 |
20 |
0.00 |
Long-Term Debt |
|
3,310 |
4,177 |
4,282 |
4,327 |
5,011 |
5,068 |
5,254 |
5,268 |
5,047 |
4,839 |
Other Long-Term Liabilities |
|
15 |
370 |
18 |
27 |
323 |
292 |
277 |
315 |
288 |
328 |
Total Equity & Noncontrolling Interests |
|
4,101 |
4,212 |
3,888 |
3,764 |
4,337 |
4,037 |
4,108 |
3,803 |
3,762 |
4,731 |
Total Preferred & Common Equity |
|
3,738 |
3,859 |
3,555 |
3,444 |
4,135 |
3,842 |
3,907 |
3,609 |
3,575 |
4,537 |
Preferred Stock |
|
- |
- |
- |
- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
3,738 |
3,859 |
3,555 |
3,444 |
4,135 |
3,842 |
3,907 |
3,609 |
3,575 |
4,537 |
Common Stock |
|
4,628 |
4,881 |
4,956 |
5,095 |
6,015 |
6,176 |
6,451 |
6,338 |
6,696 |
7,944 |
Retained Earnings |
|
-882 |
-968 |
-1,371 |
-1,609 |
-1,840 |
-2,321 |
-2,542 |
-2,749 |
-3,150 |
-3,430 |
Accumulated Other Comprehensive Income / (Loss) |
|
-8.71 |
-54 |
-30 |
-42 |
-40 |
-13 |
-2.20 |
20 |
29 |
23 |
Noncontrolling Interest |
|
363 |
353 |
333 |
320 |
201 |
195 |
201 |
194 |
188 |
194 |
Quarterly Balance Sheets for Omega Healthcare Investors
This table presents Omega Healthcare Investors' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
9,476 |
9,290 |
9,404 |
9,425 |
9,012 |
8,849 |
9,572 |
9,706 |
Cash and Due from Banks |
|
135 |
245 |
351 |
555 |
362 |
35 |
342 |
368 |
Restricted Cash |
|
3.32 |
3.34 |
5.82 |
3.21 |
1.25 |
3.94 |
18 |
36 |
Trading Account Securities |
|
177 |
181 |
192 |
188 |
186 |
185 |
93 |
89 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
6,462 |
6,438 |
6,489 |
6,193 |
5,834 |
5,877 |
6,292 |
6,333 |
Goodwill |
|
649 |
644 |
644 |
643 |
644 |
644 |
645 |
644 |
Other Assets |
|
1,380 |
1,779 |
1,723 |
1,844 |
1,985 |
2,103 |
2,183 |
2,236 |
Total Liabilities & Shareholders' Equity |
|
9,476 |
9,290 |
9,404 |
9,425 |
9,012 |
8,849 |
9,572 |
9,706 |
Total Liabilities |
|
5,580 |
5,605 |
5,591 |
5,568 |
5,311 |
4,948 |
5,172 |
4,774 |
Short-Term Debt |
|
18 |
20 |
20 |
20 |
20 |
70 |
0.00 |
0.00 |
Long-Term Debt |
|
5,267 |
5,268 |
5,267 |
5,272 |
5,008 |
4,590 |
4,858 |
4,446 |
Other Long-Term Liabilities |
|
295 |
317 |
305 |
277 |
283 |
287 |
313 |
327 |
Total Equity & Noncontrolling Interests |
|
3,895 |
3,686 |
3,813 |
3,857 |
3,701 |
3,901 |
4,400 |
4,932 |
Total Preferred & Common Equity |
|
3,698 |
3,497 |
3,624 |
3,669 |
3,514 |
3,711 |
4,208 |
4,741 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
3,698 |
3,497 |
3,624 |
3,669 |
3,514 |
3,711 |
4,208 |
4,741 |
Common Stock |
|
6,329 |
6,346 |
6,550 |
6,682 |
6,730 |
6,977 |
7,507 |
8,208 |
Retained Earnings |
|
-2,637 |
-2,870 |
-2,968 |
-3,041 |
-3,248 |
-3,300 |
-3,362 |
-3,510 |
Accumulated Other Comprehensive Income / (Loss) |
|
6.24 |
22 |
41 |
28 |
32 |
34 |
63 |
43 |
Noncontrolling Interest |
|
197 |
189 |
188 |
188 |
187 |
190 |
192 |
191 |
Annual Metrics And Ratios for Omega Healthcare Investors
This table displays calculated financial ratios and metrics derived from Omega Healthcare Investors' official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
47.31% |
132.45% |
-44.28% |
-26.80% |
10.04% |
-11.31% |
20.28% |
21.43% |
-28.93% |
16.17% |
EBITDA Growth |
|
36.70% |
87.72% |
-49.42% |
-5.85% |
12.62% |
-22.28% |
63.07% |
-5.24% |
-28.04% |
30.44% |
EBIT Growth |
|
19.10% |
129.60% |
-66.53% |
-6.30% |
15.82% |
-48.53% |
152.70% |
-1.70% |
-46.22% |
76.26% |
NOPAT Growth |
|
18.49% |
129.95% |
-67.44% |
-4.31% |
16.04% |
-49.68% |
158.61% |
-1.98% |
-46.98% |
76.02% |
Net Income Growth |
|
5.41% |
228.63% |
-86.32% |
180.13% |
19.76% |
-53.53% |
161.89% |
2.46% |
-43.31% |
67.93% |
EPS Growth |
|
-25.86% |
194.57% |
-86.58% |
174.51% |
12.86% |
-55.70% |
150.00% |
2.86% |
-44.44% |
55.00% |
Operating Cash Flow Growth |
|
-105.10% |
3,729.45% |
-7.50% |
-13.59% |
10.89% |
27.90% |
1.96% |
-13.35% |
-1.28% |
21.32% |
Free Cash Flow Firm Growth |
|
-3,038.15% |
100.08% |
14,691.21% |
-2,077.62% |
195.49% |
-94.54% |
-34.53% |
146.01% |
-30.47% |
-168.32% |
Invested Capital Growth |
|
102.15% |
12.28% |
-1.38% |
102.76% |
-44.78% |
-2.82% |
1.69% |
-2.90% |
-2.87% |
8.38% |
Revenue Q/Q Growth |
|
6.26% |
99.13% |
-45.18% |
-9.22% |
5.86% |
-22.01% |
-1.81% |
35.93% |
51.46% |
2.46% |
EBITDA Q/Q Growth |
|
7.55% |
61.78% |
-44.33% |
-7.94% |
9.68% |
-5.62% |
-11.22% |
1.78% |
-0.85% |
6.61% |
EBIT Q/Q Growth |
|
0.51% |
97.01% |
-60.86% |
-13.08% |
15.02% |
-14.14% |
-19.81% |
3.82% |
0.33% |
11.79% |
NOPAT Q/Q Growth |
|
-0.68% |
96.95% |
-60.42% |
-0.25% |
-1.41% |
-14.87% |
-8.67% |
3.71% |
-0.85% |
12.63% |
Net Income Q/Q Growth |
|
2.89% |
141.85% |
-81.03% |
-0.09% |
-1.06% |
1.19% |
-6.31% |
2.92% |
4.11% |
16.75% |
EPS Q/Q Growth |
|
-8.51% |
140.51% |
-81.32% |
-0.71% |
-2.47% |
1.45% |
-8.38% |
4.65% |
3.09% |
13.14% |
Operating Cash Flow Q/Q Growth |
|
-104.30% |
260.30% |
-47.55% |
0.05% |
-0.52% |
7.49% |
-5.35% |
-0.45% |
1.86% |
9.34% |
Free Cash Flow Firm Q/Q Growth |
|
17.61% |
-98.39% |
-46.60% |
-1,756.86% |
48,424.16% |
311.04% |
234.99% |
-5.76% |
86.05% |
-234.25% |
Invested Capital Q/Q Growth |
|
-8.05% |
-0.35% |
-1.48% |
104.85% |
8.85% |
1.04% |
-1.56% |
-0.98% |
-3.49% |
3.36% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
86.60% |
69.93% |
63.48% |
81.66% |
83.57% |
73.23% |
99.28% |
77.48% |
78.44% |
88.08% |
EBIT Margin |
|
55.31% |
54.63% |
32.81% |
42.01% |
44.22% |
25.66% |
53.90% |
43.64% |
33.02% |
50.10% |
Profit (Net Income) Margin |
|
31.38% |
44.36% |
10.89% |
41.68% |
45.37% |
23.77% |
51.75% |
43.67% |
34.84% |
50.36% |
Tax Burden Percent |
|
99.48% |
99.75% |
99.05% |
99.11% |
102.36% |
100.75% |
102.94% |
100.62% |
97.33% |
99.30% |
Interest Burden Percent |
|
57.03% |
81.40% |
33.51% |
100.12% |
100.24% |
91.95% |
93.27% |
99.46% |
108.40% |
101.22% |
Effective Tax Rate |
|
0.52% |
0.37% |
3.07% |
1.02% |
0.83% |
3.03% |
0.92% |
1.05% |
2.45% |
2.58% |
Return on Invested Capital (ROIC) |
|
7.17% |
11.60% |
3.60% |
2.29% |
2.56% |
1.83% |
4.77% |
4.70% |
2.57% |
4.40% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
1.22% |
7.20% |
-0.91% |
2.30% |
2.68% |
1.68% |
4.49% |
4.80% |
2.93% |
4.66% |
Return on Net Nonoperating Assets (RNNOA) |
|
1.32% |
6.85% |
-1.01% |
5.39% |
6.13% |
2.07% |
5.75% |
6.39% |
4.01% |
5.44% |
Return on Equity (ROE) |
|
8.48% |
18.45% |
2.59% |
7.68% |
8.69% |
3.91% |
10.52% |
11.09% |
6.58% |
9.84% |
Cash Return on Invested Capital (CROIC) |
|
-60.45% |
0.04% |
4.99% |
-65.59% |
60.25% |
4.69% |
3.09% |
7.65% |
5.48% |
-3.64% |
Operating Return on Assets (OROA) |
|
6.91% |
11.15% |
3.57% |
2.28% |
2.54% |
1.83% |
4.66% |
4.61% |
2.55% |
4.37% |
Return on Assets (ROA) |
|
3.92% |
9.05% |
1.18% |
2.26% |
2.61% |
1.70% |
4.48% |
4.61% |
2.69% |
4.39% |
Return on Common Equity (ROCE) |
|
7.92% |
16.86% |
2.37% |
7.02% |
8.13% |
3.72% |
10.01% |
10.54% |
6.25% |
9.40% |
Return on Equity Simple (ROE_SIMPLE) |
|
6.24% |
19.87% |
2.95% |
8.53% |
8.51% |
4.26% |
10.96% |
12.16% |
6.96% |
9.21% |
Net Operating Profit after Tax (NOPAT) |
|
409 |
941 |
306 |
293 |
340 |
171 |
443 |
434 |
230 |
405 |
NOPAT Margin |
|
55.02% |
54.43% |
31.81% |
41.58% |
43.85% |
24.88% |
53.49% |
43.18% |
32.21% |
48.81% |
Net Nonoperating Expense Percent (NNEP) |
|
5.94% |
4.40% |
4.51% |
-0.01% |
-0.13% |
0.15% |
0.28% |
-0.09% |
-0.36% |
-0.26% |
SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
44.69% |
44.80% |
67.19% |
57.04% |
55.78% |
68.82% |
36.70% |
49.53% |
60.74% |
51.77% |
Earnings before Interest and Taxes (EBIT) |
|
411 |
944 |
316 |
296 |
343 |
177 |
446 |
439 |
236 |
416 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
644 |
1,209 |
611 |
576 |
648 |
504 |
822 |
779 |
560 |
731 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.86 |
0.83 |
0.87 |
1.28 |
1.50 |
1.56 |
1.42 |
1.51 |
1.91 |
2.21 |
Price to Tangible Book Value (P/TBV) |
|
1.04 |
1.00 |
1.07 |
2.04 |
1.77 |
1.88 |
1.70 |
1.83 |
2.33 |
2.58 |
Price to Revenue (P/Rev) |
|
4.31 |
1.86 |
3.22 |
6.25 |
7.98 |
8.71 |
6.70 |
5.41 |
9.55 |
12.10 |
Price to Earnings (P/E) |
|
14.27 |
4.28 |
30.91 |
15.65 |
18.14 |
37.60 |
13.31 |
12.73 |
28.16 |
24.70 |
Dividend Yield |
|
12.73% |
14.35% |
16.21% |
12.03% |
9.36% |
10.16% |
11.55% |
11.55% |
9.63% |
7.21% |
Earnings Yield |
|
7.01% |
23.36% |
3.23% |
6.39% |
5.51% |
2.66% |
7.51% |
7.85% |
3.55% |
4.05% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.93 |
0.91 |
0.94 |
0.54 |
1.21 |
1.22 |
1.17 |
1.17 |
1.32 |
1.52 |
Enterprise Value to Revenue (EV/Rev) |
|
9.53 |
4.53 |
8.22 |
13.25 |
14.81 |
16.26 |
13.26 |
10.56 |
16.28 |
17.50 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
11.00 |
6.48 |
12.94 |
16.23 |
17.72 |
22.20 |
13.36 |
13.63 |
20.76 |
19.87 |
Enterprise Value to EBIT (EV/EBIT) |
|
17.23 |
8.30 |
25.03 |
31.54 |
33.50 |
63.37 |
24.60 |
24.21 |
49.32 |
34.93 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
17.32 |
8.33 |
25.83 |
31.87 |
33.78 |
65.35 |
24.79 |
24.46 |
50.55 |
35.86 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
12.54 |
13.69 |
18.71 |
20.75 |
15.80 |
15.20 |
16.97 |
18.83 |
19.38 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
2,728.31 |
18.63 |
0.00 |
1.43 |
25.54 |
38.27 |
15.05 |
23.71 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.86 |
1.04 |
1.18 |
1.23 |
1.18 |
1.28 |
1.28 |
1.39 |
1.35 |
1.02 |
Long-Term Debt to Equity |
|
0.81 |
0.99 |
1.10 |
1.15 |
1.16 |
1.26 |
1.28 |
1.39 |
1.34 |
1.02 |
Financial Leverage |
|
1.08 |
0.95 |
1.10 |
2.35 |
2.29 |
1.23 |
1.28 |
1.33 |
1.37 |
1.17 |
Leverage Ratio |
|
2.16 |
2.04 |
2.19 |
3.39 |
3.33 |
2.30 |
2.35 |
2.41 |
2.45 |
2.24 |
Compound Leverage Factor |
|
1.23 |
1.66 |
0.73 |
3.40 |
3.34 |
2.12 |
2.19 |
2.39 |
2.65 |
2.27 |
Debt to Total Capital |
|
46.33% |
50.90% |
54.04% |
55.21% |
54.22% |
56.15% |
56.12% |
58.16% |
57.39% |
50.56% |
Short-Term Debt to Total Capital |
|
3.01% |
2.21% |
3.43% |
3.72% |
1.32% |
1.10% |
0.00% |
0.21% |
0.23% |
0.00% |
Long-Term Debt to Total Capital |
|
43.32% |
48.69% |
50.61% |
51.49% |
52.90% |
55.05% |
56.12% |
57.95% |
57.16% |
50.56% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
4.75% |
4.12% |
3.94% |
3.81% |
2.12% |
2.12% |
2.15% |
2.13% |
2.13% |
2.03% |
Common Equity to Total Capital |
|
48.92% |
44.98% |
42.02% |
40.98% |
43.66% |
41.73% |
41.73% |
39.71% |
40.48% |
47.41% |
Debt to EBITDA |
|
5.50 |
3.61 |
7.48 |
8.06 |
7.92 |
10.26 |
6.39 |
6.79 |
9.04 |
6.62 |
Net Debt to EBITDA |
|
5.47 |
3.54 |
7.32 |
8.02 |
7.87 |
9.93 |
6.36 |
6.40 |
8.25 |
5.87 |
Long-Term Debt to EBITDA |
|
5.14 |
3.46 |
7.00 |
7.52 |
7.73 |
10.06 |
6.39 |
6.77 |
9.01 |
6.62 |
Debt to NOPAT |
|
8.65 |
4.64 |
14.92 |
15.83 |
15.10 |
30.20 |
11.87 |
12.18 |
22.03 |
11.95 |
Net Debt to NOPAT |
|
8.60 |
4.54 |
14.61 |
15.75 |
15.00 |
29.22 |
11.81 |
11.49 |
20.09 |
10.59 |
Long-Term Debt to NOPAT |
|
8.09 |
4.44 |
13.98 |
14.76 |
14.73 |
29.61 |
11.87 |
12.14 |
21.94 |
11.95 |
Noncontrolling Interest Sharing Ratio |
|
6.60% |
8.61% |
8.47% |
8.54% |
6.43% |
4.73% |
4.86% |
5.00% |
5.04% |
4.50% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-3,452 |
2.87 |
425 |
-8,401 |
8,022 |
438 |
287 |
706 |
491 |
-335 |
Operating Cash Flow to CapEx |
|
-9.03% |
570.81% |
464.35% |
295.02% |
1,046.94% |
667.01% |
1,606.60% |
1,325.10% |
748.72% |
702.13% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.02 |
44.64 |
-41.71 |
38.44 |
1.96 |
1.22 |
3.03 |
2.08 |
-1.51 |
Operating Cash Flow to Interest Expense |
|
0.00 |
3.60 |
60.73 |
2.48 |
2.65 |
3.17 |
3.08 |
2.68 |
2.62 |
3.38 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
2.97 |
47.65 |
1.64 |
2.40 |
2.70 |
2.89 |
2.48 |
2.27 |
2.90 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.12 |
0.20 |
0.11 |
0.05 |
0.06 |
0.07 |
0.09 |
0.11 |
0.08 |
0.09 |
Fixed Asset Turnover |
|
0.18 |
0.29 |
0.15 |
0.00 |
0.00 |
0.10 |
0.12 |
0.15 |
0.11 |
0.14 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
7,641 |
8,579 |
8,460 |
17,155 |
9,473 |
9,206 |
9,362 |
9,090 |
8,830 |
9,570 |
Invested Capital Turnover |
|
0.13 |
0.21 |
0.11 |
0.06 |
0.06 |
0.07 |
0.09 |
0.11 |
0.08 |
0.09 |
Increase / (Decrease) in Invested Capital |
|
3,861 |
938 |
-118 |
8,694 |
-7,682 |
-267 |
156 |
-272 |
-261 |
740 |
Enterprise Value (EV) |
|
7,086 |
7,836 |
7,913 |
9,342 |
11,491 |
11,187 |
10,976 |
10,616 |
11,630 |
14,521 |
Market Capitalization |
|
3,203 |
3,209 |
3,104 |
4,405 |
6,188 |
5,990 |
5,546 |
5,436 |
6,820 |
10,037 |
Book Value per Share |
|
$19.98 |
$19.77 |
$17.95 |
$17.16 |
$18.93 |
$16.92 |
$16.35 |
$15.41 |
$14.59 |
$16.81 |
Tangible Book Value per Share |
|
$16.53 |
$16.48 |
$14.69 |
$10.75 |
$15.98 |
$14.05 |
$13.62 |
$12.67 |
$11.96 |
$14.42 |
Total Capital |
|
7,641 |
8,579 |
8,460 |
8,405 |
9,473 |
9,206 |
9,362 |
9,090 |
8,830 |
9,570 |
Total Debt |
|
3,540 |
4,367 |
4,572 |
4,640 |
5,136 |
5,169 |
5,254 |
5,287 |
5,067 |
4,839 |
Total Long-Term Debt |
|
3,310 |
4,177 |
4,282 |
4,327 |
5,011 |
5,068 |
5,254 |
5,268 |
5,047 |
4,839 |
Net Debt |
|
3,520 |
4,273 |
4,475 |
4,617 |
5,103 |
5,002 |
5,229 |
4,986 |
4,623 |
4,290 |
Capital Expenditures (CapEx) |
|
191 |
109 |
124 |
169 |
53 |
106 |
45 |
47 |
83 |
107 |
Net Nonoperating Expense (NNE) |
|
176 |
174 |
201 |
-0.72 |
-12 |
7.64 |
14 |
-4.90 |
-19 |
-13 |
Net Nonoperating Obligations (NNO) |
|
3,540 |
4,367 |
4,572 |
13,390 |
5,136 |
5,169 |
5,254 |
5,287 |
5,067 |
4,839 |
Total Depreciation and Amortization (D&A) |
|
233 |
265 |
295 |
280 |
305 |
327 |
376 |
340 |
324 |
315 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$1.30 |
$1.91 |
$0.51 |
$1.41 |
$1.60 |
$0.70 |
$1.76 |
$1.81 |
$1.01 |
$1.57 |
Adjusted Weighted Average Basic Shares Outstanding |
|
172.24M |
191.78M |
197.74M |
618.32M |
213.40M |
231.78M |
239.11M |
234.27M |
245.30M |
281.84M |
Adjusted Diluted Earnings per Share |
|
$1.29 |
$1.90 |
$0.51 |
$1.40 |
$1.58 |
$0.70 |
$1.75 |
$1.80 |
$1.00 |
$1.55 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
180.51M |
201.64M |
206.79M |
419.42M |
222.13M |
231.78M |
239.11M |
234.27M |
245.30M |
281.84M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.60 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
188.13M |
196.74M |
198.59M |
209.71M |
226.81M |
231.78M |
239.11M |
234.27M |
245.30M |
281.84M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
484 |
1,077 |
609 |
350 |
398 |
243 |
329 |
514 |
247 |
427 |
Normalized NOPAT Margin |
|
65.08% |
62.30% |
63.19% |
49.64% |
51.30% |
35.38% |
39.71% |
51.10% |
34.62% |
51.42% |
Pre Tax Income Margin |
|
31.54% |
44.47% |
11.00% |
42.06% |
44.32% |
23.59% |
50.27% |
43.40% |
35.79% |
50.71% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.00 |
5.44 |
33.21 |
1.47 |
1.64 |
0.79 |
1.90 |
1.88 |
1.00 |
1.87 |
NOPAT to Interest Expense |
|
0.00 |
5.42 |
32.20 |
1.46 |
1.63 |
0.77 |
1.89 |
1.86 |
0.98 |
1.83 |
EBIT Less CapEx to Interest Expense |
|
0.00 |
4.81 |
20.14 |
0.63 |
1.39 |
0.32 |
1.71 |
1.68 |
0.65 |
1.39 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
4.79 |
19.12 |
0.62 |
1.38 |
0.29 |
1.70 |
1.66 |
0.63 |
1.35 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
158.53% |
59.10% |
479.08% |
179.90% |
166.34% |
374.40% |
154.77% |
148.89% |
269.40% |
171.06% |
Augmented Payout Ratio |
|
158.53% |
59.10% |
479.08% |
179.90% |
166.34% |
374.40% |
154.77% |
181.31% |
269.40% |
171.06% |
Quarterly Metrics And Ratios for Omega Healthcare Investors
This table displays calculated financial ratios and metrics derived from Omega Healthcare Investors' official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-20.35% |
870.70% |
-47.62% |
5.81% |
-17.50% |
-39.61% |
19.48% |
3.29% |
20.65% |
22.46% |
27.43% |
EBITDA Growth |
|
-19.10% |
11.28% |
-60.54% |
-17.00% |
-7.60% |
-3.57% |
37.86% |
31.59% |
9.66% |
50.69% |
30.84% |
EBIT Growth |
|
-28.52% |
48.59% |
-83.60% |
-31.98% |
-10.79% |
1.57% |
128.42% |
86.49% |
22.84% |
127.91% |
64.43% |
NOPAT Growth |
|
-28.87% |
47.25% |
-82.89% |
-32.94% |
-11.37% |
-3.20% |
112.31% |
88.32% |
21.38% |
138.22% |
65.19% |
Net Income Growth |
|
-26.44% |
36.42% |
-81.12% |
-33.07% |
-10.62% |
21.02% |
88.21% |
90.31% |
22.37% |
106.05% |
61.60% |
EPS Growth |
|
-25.86% |
66.67% |
-81.01% |
-34.21% |
-13.95% |
15.00% |
80.00% |
80.00% |
13.51% |
78.26% |
22.22% |
Operating Cash Flow Growth |
|
-10.91% |
-1.82% |
-15.77% |
-1.51% |
2.50% |
7.35% |
36.02% |
8.06% |
8.11% |
38.79% |
20.12% |
Free Cash Flow Firm Growth |
|
268.35% |
359.91% |
10,312.00% |
-33.20% |
-71.84% |
-3.96% |
-61.45% |
205.10% |
-100.59% |
-304.61% |
-274.57% |
Invested Capital Growth |
|
-3.47% |
-2.90% |
-8.04% |
-1.66% |
-0.34% |
-2.87% |
-2.73% |
-5.92% |
1.20% |
8.38% |
7.44% |
Revenue Q/Q Growth |
|
22.13% |
33.33% |
350.25% |
20.53% |
-4.77% |
-2.40% |
-4.22% |
4.21% |
11.23% |
-0.93% |
7.09% |
EBITDA Q/Q Growth |
|
6.40% |
-28.61% |
-17.82% |
32.97% |
18.44% |
-25.50% |
1.56% |
26.92% |
-1.29% |
2.38% |
-1.17% |
EBIT Q/Q Growth |
|
12.53% |
-51.93% |
-35.15% |
93.95% |
47.57% |
-45.28% |
3.81% |
58.34% |
-2.80% |
1.53% |
-2.37% |
NOPAT Q/Q Growth |
|
12.59% |
-52.41% |
-31.27% |
82.09% |
48.79% |
-48.02% |
7.30% |
61.51% |
-4.09% |
2.02% |
-3.01% |
Net Income Q/Q Growth |
|
14.31% |
-55.55% |
-21.11% |
66.97% |
52.64% |
-39.81% |
22.69% |
68.83% |
-1.85% |
1.35% |
-3.78% |
EPS Q/Q Growth |
|
13.16% |
-53.49% |
-25.00% |
66.67% |
48.00% |
-37.84% |
17.39% |
66.67% |
-6.67% |
-2.38% |
-19.51% |
Operating Cash Flow Q/Q Growth |
|
-3.55% |
-7.89% |
-27.54% |
53.00% |
0.38% |
-3.53% |
-8.19% |
21.54% |
0.42% |
23.84% |
-20.53% |
Free Cash Flow Firm Q/Q Growth |
|
34.94% |
-25.90% |
155.62% |
-73.87% |
-43.11% |
152.69% |
-3.35% |
106.83% |
-100.11% |
-87,442.62% |
13.87% |
Invested Capital Q/Q Growth |
|
-0.78% |
-0.98% |
-1.28% |
1.40% |
0.54% |
-3.49% |
-1.14% |
-1.92% |
8.15% |
3.36% |
-2.00% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
84.66% |
45.33% |
69.10% |
76.23% |
94.82% |
72.38% |
79.73% |
97.12% |
86.18% |
89.06% |
82.19% |
EBIT Margin |
|
46.23% |
16.67% |
20.05% |
32.26% |
49.99% |
28.03% |
38.33% |
58.24% |
50.90% |
52.16% |
47.55% |
Profit (Net Income) Margin |
|
47.30% |
15.77% |
23.08% |
31.97% |
51.24% |
31.60% |
36.35% |
58.90% |
51.97% |
53.17% |
47.77% |
Tax Burden Percent |
|
102.86% |
97.32% |
106.11% |
99.10% |
96.80% |
91.43% |
96.54% |
98.45% |
103.20% |
98.16% |
97.79% |
Interest Burden Percent |
|
99.46% |
97.23% |
108.48% |
100.00% |
105.90% |
123.32% |
98.25% |
102.72% |
98.95% |
103.84% |
102.73% |
Effective Tax Rate |
|
1.17% |
2.14% |
-3.72% |
2.62% |
1.81% |
6.73% |
3.59% |
1.67% |
2.98% |
2.51% |
3.15% |
Return on Invested Capital (ROIC) |
|
3.61% |
1.78% |
1.11% |
1.75% |
2.53% |
2.08% |
3.20% |
5.01% |
4.34% |
4.59% |
4.48% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
3.68% |
1.75% |
1.18% |
1.77% |
2.60% |
2.27% |
3.17% |
5.07% |
4.46% |
4.69% |
4.56% |
Return on Net Nonoperating Assets (RNNOA) |
|
4.78% |
2.33% |
1.64% |
2.42% |
3.55% |
3.11% |
4.43% |
6.54% |
5.48% |
5.47% |
5.01% |
Return on Equity (ROE) |
|
8.40% |
4.10% |
2.75% |
4.16% |
6.07% |
5.19% |
7.63% |
11.55% |
9.82% |
10.05% |
9.48% |
Cash Return on Invested Capital (CROIC) |
|
8.01% |
7.65% |
11.30% |
4.33% |
2.88% |
5.48% |
6.01% |
9.95% |
2.71% |
-3.64% |
-2.23% |
Operating Return on Assets (OROA) |
|
3.55% |
1.76% |
1.04% |
1.74% |
2.49% |
2.16% |
3.21% |
4.93% |
4.34% |
4.55% |
4.47% |
Return on Assets (ROA) |
|
3.63% |
1.66% |
1.20% |
1.72% |
2.56% |
2.44% |
3.04% |
4.98% |
4.43% |
4.64% |
4.49% |
Return on Common Equity (ROCE) |
|
7.98% |
3.90% |
2.61% |
3.96% |
5.77% |
4.93% |
7.24% |
10.98% |
9.37% |
9.60% |
9.07% |
Return on Equity Simple (ROE_SIMPLE) |
|
11.53% |
0.00% |
8.02% |
6.90% |
6.51% |
0.00% |
8.01% |
9.08% |
8.50% |
0.00% |
9.71% |
Net Operating Profit after Tax (NOPAT) |
|
101 |
48 |
33 |
60 |
90 |
47 |
70 |
114 |
109 |
111 |
108 |
NOPAT Margin |
|
45.69% |
16.31% |
20.79% |
31.41% |
49.08% |
26.14% |
36.95% |
57.27% |
49.38% |
50.85% |
46.05% |
Net Nonoperating Expense Percent (NNEP) |
|
-0.07% |
0.03% |
-0.07% |
-0.02% |
-0.07% |
-0.19% |
0.02% |
-0.07% |
-0.11% |
-0.10% |
-0.09% |
SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
51.92% |
61.62% |
82.49% |
61.00% |
48.52% |
53.57% |
57.23% |
48.89% |
53.20% |
48.17% |
50.28% |
Earnings before Interest and Taxes (EBIT) |
|
103 |
49 |
32 |
62 |
92 |
50 |
73 |
116 |
113 |
114 |
112 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
188 |
134 |
110 |
147 |
174 |
129 |
152 |
193 |
191 |
195 |
193 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.57 |
1.51 |
1.61 |
1.79 |
2.04 |
1.91 |
2.12 |
2.24 |
2.49 |
2.21 |
2.26 |
Price to Tangible Book Value (P/TBV) |
|
1.91 |
1.83 |
1.98 |
2.17 |
2.47 |
2.33 |
2.60 |
2.71 |
2.95 |
2.58 |
2.62 |
Price to Revenue (P/Rev) |
|
7.86 |
5.41 |
11.29 |
12.70 |
15.85 |
9.55 |
9.74 |
10.77 |
12.96 |
12.10 |
12.19 |
Price to Earnings (P/E) |
|
14.01 |
12.73 |
20.66 |
26.60 |
32.11 |
28.16 |
27.26 |
25.38 |
30.16 |
24.70 |
23.96 |
Dividend Yield |
|
10.80% |
11.55% |
11.12% |
9.69% |
8.78% |
9.63% |
8.80% |
7.96% |
6.58% |
7.21% |
7.04% |
Earnings Yield |
|
7.14% |
7.85% |
4.84% |
3.76% |
3.11% |
3.55% |
3.67% |
3.94% |
3.32% |
4.05% |
4.17% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.22 |
1.17 |
1.21 |
1.27 |
1.35 |
1.32 |
1.41 |
1.53 |
1.64 |
1.52 |
1.60 |
Enterprise Value to Revenue (EV/Rev) |
|
15.09 |
10.56 |
21.75 |
22.73 |
26.29 |
16.28 |
16.08 |
17.00 |
18.75 |
17.50 |
17.00 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
14.58 |
13.63 |
17.84 |
20.02 |
21.94 |
20.76 |
19.78 |
19.63 |
22.15 |
19.87 |
19.28 |
Enterprise Value to EBIT (EV/EBIT) |
|
26.41 |
24.21 |
39.49 |
47.13 |
52.73 |
49.32 |
41.42 |
37.40 |
40.84 |
34.93 |
32.58 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
26.66 |
24.46 |
39.78 |
47.62 |
53.42 |
50.55 |
42.90 |
38.56 |
42.23 |
35.86 |
33.44 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
17.74 |
16.97 |
17.97 |
19.26 |
20.44 |
18.83 |
18.71 |
19.55 |
22.15 |
19.38 |
19.19 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
14.90 |
15.05 |
10.28 |
29.23 |
47.01 |
23.71 |
23.15 |
14.94 |
60.82 |
0.00 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
1.36 |
1.39 |
1.43 |
1.39 |
1.37 |
1.35 |
1.36 |
1.19 |
1.10 |
1.02 |
0.90 |
Long-Term Debt to Equity |
|
1.35 |
1.39 |
1.43 |
1.38 |
1.37 |
1.34 |
1.35 |
1.18 |
1.10 |
1.02 |
0.90 |
Financial Leverage |
|
1.30 |
1.33 |
1.40 |
1.37 |
1.36 |
1.37 |
1.40 |
1.29 |
1.23 |
1.17 |
1.10 |
Leverage Ratio |
|
2.37 |
2.41 |
2.47 |
2.44 |
2.44 |
2.45 |
2.48 |
2.37 |
2.30 |
2.24 |
2.17 |
Compound Leverage Factor |
|
2.35 |
2.34 |
2.68 |
2.44 |
2.58 |
3.02 |
2.43 |
2.43 |
2.28 |
2.32 |
2.23 |
Debt to Total Capital |
|
57.57% |
58.16% |
58.93% |
58.10% |
57.84% |
57.39% |
57.60% |
54.44% |
52.47% |
50.56% |
47.41% |
Short-Term Debt to Total Capital |
|
0.19% |
0.21% |
0.22% |
0.22% |
0.21% |
0.23% |
0.23% |
0.82% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
57.37% |
57.95% |
58.71% |
57.88% |
57.62% |
57.16% |
57.37% |
53.62% |
52.47% |
50.56% |
47.41% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
2.15% |
2.13% |
2.10% |
2.07% |
2.06% |
2.13% |
2.14% |
2.22% |
2.08% |
2.03% |
2.04% |
Common Equity to Total Capital |
|
40.28% |
39.71% |
38.97% |
39.83% |
40.10% |
40.48% |
40.26% |
43.35% |
45.45% |
47.41% |
50.55% |
Debt to EBITDA |
|
6.91 |
6.79 |
8.68 |
9.13 |
9.36 |
9.04 |
8.08 |
6.97 |
7.09 |
6.62 |
5.73 |
Net Debt to EBITDA |
|
6.73 |
6.40 |
8.27 |
8.51 |
8.38 |
8.25 |
7.50 |
6.91 |
6.56 |
5.87 |
5.21 |
Long-Term Debt to EBITDA |
|
6.88 |
6.77 |
8.65 |
9.09 |
9.33 |
9.01 |
8.05 |
6.87 |
7.09 |
6.62 |
5.73 |
Debt to NOPAT |
|
12.63 |
12.18 |
19.35 |
21.70 |
22.80 |
22.03 |
17.52 |
13.69 |
13.51 |
11.95 |
9.93 |
Net Debt to NOPAT |
|
12.30 |
11.49 |
18.44 |
20.24 |
20.40 |
20.09 |
16.26 |
13.58 |
12.51 |
10.59 |
9.03 |
Long-Term Debt to NOPAT |
|
12.59 |
12.14 |
19.28 |
21.62 |
22.72 |
21.94 |
17.45 |
13.49 |
13.51 |
11.95 |
9.93 |
Noncontrolling Interest Sharing Ratio |
|
4.90% |
5.00% |
5.13% |
5.01% |
4.98% |
5.04% |
5.08% |
4.90% |
4.61% |
4.50% |
4.38% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
432 |
320 |
818 |
214 |
122 |
307 |
315 |
652 |
-0.72 |
-629 |
-542 |
Operating Cash Flow to CapEx |
|
4,790.38% |
1,617.71% |
2,085.39% |
2,170.12% |
1,690.92% |
278.68% |
706.27% |
530.37% |
727.58% |
909.79% |
516.12% |
Free Cash Flow to Firm to Interest Expense |
|
7.41 |
5.47 |
13.97 |
3.64 |
2.07 |
5.17 |
5.45 |
12.08 |
-0.01 |
-11.38 |
-10.36 |
Operating Cash Flow to Interest Expense |
|
2.87 |
2.63 |
1.90 |
2.90 |
2.91 |
2.78 |
2.62 |
3.41 |
3.38 |
4.15 |
3.48 |
Operating Cash Flow Less CapEx to Interest Expense |
|
2.81 |
2.47 |
1.81 |
2.77 |
2.74 |
1.78 |
2.25 |
2.77 |
2.92 |
3.69 |
2.81 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.08 |
0.11 |
0.05 |
0.05 |
0.05 |
0.08 |
0.08 |
0.08 |
0.09 |
0.09 |
0.09 |
Fixed Asset Turnover |
|
0.11 |
0.15 |
0.08 |
0.08 |
0.07 |
0.11 |
0.12 |
0.12 |
0.13 |
0.14 |
0.14 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
9,180 |
9,090 |
8,974 |
9,099 |
9,149 |
8,830 |
8,729 |
8,561 |
9,259 |
9,570 |
9,378 |
Invested Capital Turnover |
|
0.08 |
0.11 |
0.05 |
0.06 |
0.05 |
0.08 |
0.09 |
0.09 |
0.09 |
0.09 |
0.10 |
Increase / (Decrease) in Invested Capital |
|
-330 |
-272 |
-785 |
-153 |
-32 |
-261 |
-245 |
-538 |
110 |
740 |
650 |
Enterprise Value (EV) |
|
11,154 |
10,616 |
10,872 |
11,601 |
12,395 |
11,630 |
12,311 |
13,126 |
15,184 |
14,521 |
14,966 |
Market Capitalization |
|
5,810 |
5,436 |
5,644 |
6,482 |
7,474 |
6,820 |
7,459 |
8,315 |
10,494 |
10,037 |
10,732 |
Book Value per Share |
|
$15.80 |
$15.41 |
$14.93 |
$15.46 |
$14.98 |
$14.59 |
$14.22 |
$15.02 |
$16.32 |
$16.81 |
$16.82 |
Tangible Book Value per Share |
|
$13.02 |
$12.67 |
$12.18 |
$12.72 |
$12.36 |
$11.96 |
$11.62 |
$12.41 |
$13.82 |
$14.42 |
$14.54 |
Total Capital |
|
9,180 |
9,090 |
8,974 |
9,099 |
9,149 |
8,830 |
8,729 |
8,561 |
9,259 |
9,570 |
9,378 |
Total Debt |
|
5,285 |
5,287 |
5,288 |
5,287 |
5,291 |
5,067 |
5,028 |
4,661 |
4,858 |
4,839 |
4,446 |
Total Long-Term Debt |
|
5,267 |
5,268 |
5,268 |
5,267 |
5,272 |
5,047 |
5,008 |
4,590 |
4,858 |
4,839 |
4,446 |
Net Debt |
|
5,147 |
4,986 |
5,039 |
4,930 |
4,733 |
4,623 |
4,665 |
4,621 |
4,498 |
4,290 |
4,042 |
Capital Expenditures (CapEx) |
|
3.48 |
9.50 |
5.34 |
7.85 |
10 |
59 |
21 |
35 |
25 |
25 |
35 |
Net Nonoperating Expense (NNE) |
|
-3.57 |
1.60 |
-3.65 |
-1.07 |
-3.96 |
-9.76 |
1.14 |
-3.24 |
-5.73 |
-5.08 |
-4.03 |
Net Nonoperating Obligations (NNO) |
|
5,285 |
5,287 |
5,288 |
5,287 |
5,291 |
5,067 |
5,028 |
4,661 |
4,858 |
4,839 |
4,446 |
Total Depreciation and Amortization (D&A) |
|
85 |
85 |
78 |
85 |
82 |
79 |
79 |
77 |
78 |
81 |
81 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.44 |
$0.20 |
$0.15 |
$0.25 |
$0.37 |
$0.24 |
$0.27 |
$0.46 |
$0.43 |
$0.41 |
$0.34 |
Adjusted Weighted Average Basic Shares Outstanding |
|
234.18M |
234.27M |
234.35M |
244.87M |
244.99M |
245.30M |
247.10M |
257.84M |
269.95M |
281.84M |
289.40M |
Adjusted Diluted Earnings per Share |
|
$0.43 |
$0.20 |
$0.15 |
$0.25 |
$0.37 |
$0.23 |
$0.27 |
$0.45 |
$0.42 |
$0.41 |
$0.33 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
234.18M |
234.27M |
234.35M |
244.87M |
244.99M |
245.30M |
247.10M |
257.84M |
269.95M |
281.84M |
289.40M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
234.18M |
234.27M |
234.35M |
244.87M |
244.99M |
245.30M |
247.10M |
257.84M |
269.95M |
281.84M |
289.40M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
112 |
101 |
41 |
70 |
74 |
45 |
79 |
111 |
124 |
114 |
111 |
Normalized NOPAT Margin |
|
50.23% |
34.02% |
25.43% |
36.12% |
40.48% |
25.31% |
41.64% |
55.81% |
55.99% |
51.98% |
47.17% |
Pre Tax Income Margin |
|
45.98% |
16.21% |
21.75% |
32.26% |
52.94% |
34.56% |
37.66% |
59.82% |
50.36% |
54.17% |
48.85% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
1.76 |
0.84 |
0.55 |
1.06 |
1.56 |
0.84 |
1.26 |
2.15 |
2.06 |
2.07 |
2.13 |
NOPAT to Interest Expense |
|
1.74 |
0.83 |
0.57 |
1.03 |
1.53 |
0.79 |
1.22 |
2.11 |
2.00 |
2.02 |
2.07 |
EBIT Less CapEx to Interest Expense |
|
1.70 |
0.68 |
0.46 |
0.92 |
1.39 |
-0.15 |
0.89 |
1.50 |
1.59 |
1.61 |
1.46 |
NOPAT Less CapEx to Interest Expense |
|
1.68 |
0.66 |
0.48 |
0.89 |
1.36 |
-0.21 |
0.85 |
1.47 |
1.53 |
1.56 |
1.39 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
154.02% |
148.89% |
235.01% |
261.60% |
277.21% |
269.40% |
241.37% |
204.28% |
194.82% |
171.06% |
162.28% |
Augmented Payout Ratio |
|
187.38% |
181.31% |
235.01% |
261.60% |
277.21% |
269.40% |
241.37% |
204.28% |
194.82% |
171.06% |
162.28% |
Key Financial Trends
The financial performance and position of Omega Healthcare Investors (NYSE: OHI) over the past four years reveal several key trends and considerations for investors:
- Consistent net income growth: Net income attributable to common shareholders increased from $35.9 million in Q1 2023 to $109 million in Q1 2025, indicating improving profitability over time.
- Stable dividend payout: The company has maintained a steady dividend payment of $0.67 per share each quarter, supporting income-focused investors.
- Substantial cash from operations: Operating cash flow has generally been strong, with $181.95 million generated in Q1 2025 and previous quarters reflecting consistent positive cash flows, supporting operational sustainability.
- Investment in property and equipment: The company continues to invest significant amounts in premises and equipment, showing ongoing growth or maintenance of asset base ($63.3 billion in premises and equipment in Q1 2025, an increase from prior periods).
- Reduction in debt: Long-term debt declined from $5.0 billion in Q1 2023 to approximately $4.45 billion by Q1 2025, indicating efforts to strengthen the balance sheet.
- Negative net interest income: The company consistently records net interest expense (e.g., -$9.16 million in Q1 2025), reflecting interest costs exceeding related interest income, which may be typical for a REIT with significant debt.
- Volatility in impairments and restructuring charges: These non-cash expenses fluctuate considerably by quarter, affecting net income comparability.
- Capital gains and other non-interest income contribute significantly: Notably large other non-interest income (e.g., $232 million in Q1 2025) and occasional net realized capital gains indicate diverse income sources.
- Provision for credit losses remains material: Recent positive provisions (e.g., $5.09 million in Q1 2025) could signal credit risk in underlying assets.
- Negative net change in cash and equivalents in Q1 2025 (-$144.7 million) driven by high financing cash outflows (-$347.7 million), mainly debt repayments and dividends, which may pressure liquidity if not offset by operations or capital raises.
Summary: Omega Healthcare Investors demonstrates strong profitability growth and stable dividend payouts with ongoing asset investments and a reducing debt burden, which bodes well for long-term value. However, investors should note persistent net interest expense, sizeable provisions for credit losses, and occasional significant non-cash charges that introduce earnings volatility. The company's ability to generate consistent operational cash flows supports dividend sustainability but monitoring liquidity amid large financing outflows is prudent.
08/24/25 01:18 AMAI Generated. May Contain Errors.