CTRE vs OHI: CareTrust REIT and Omega Healthcare Investors compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Omega Healthcare Investors is the larger company, worth $14.1B, about 1.7 times CareTrust REIT.
- On earnings, Omega Healthcare Investors is the cheaper stock (21.8x vs 22.1x).
- CareTrust REIT's price assumes faster free cash flow growth: about 6% a year, against 3% for Omega Healthcare Investors (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | CTRE | OHI |
|---|---|---|
| Market cap | $8.3B | $14.1B |
| Share price | $36.03 | $44.41 |
| Revenue (last fiscal year) | $1M | $1.2B |
| Free cash flow (last fiscal year) | $379M | $798M |
| Revenue growth, last year | — | -95.0% |
| Revenue growth per year, last 5 fiscal years | — | +2.9% |
| Operating margin | 8.1% | — |
| Net margin | 128.9% | 131.8% |
| Return on equity | 7.9% | 15.9% |
| P/E (trailing) | 22.1x | 21.8x |
| Price / free cash flow | 21.8x | 16.0x |
| EV / EBITDA | 17.1x | 12.0x |
| FCF growth the price implies | 6.1% | 3.3% |
| Dividend yield | 3.9% | 6.0% |
| Debt / equity | 0.32x | 0.81x |
| Fundamental grade | B | B |
| Superinvestors holding it | 3 | 0 |
| Insider purchases, last 12 months | 0 | 2 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
CareTrust REIT
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $0 | $151M | — |
| 2022 | $0 | $137M | — |
| 2023 | $0 | $144M | — |
| 2024 | $0 | $236M | — |
| 2025 | $1M | $379M | -16753.6% |
Omega Healthcare Investors
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.1B | $677M | — |
| 2022 | $878M | $579M | — |
| 2023 | $950M | $580M | — |
| 2024 | $1.1B | $712M | — |
| 2025 | $1.2B | $798M | — |
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open CTRE in InvestinglyQuestions
Which is bigger, CareTrust REIT or Omega Healthcare Investors?
Omega Healthcare Investors (OHI), at $14.1B against $8.3B.
Is CTRE or OHI cheaper?
By trailing P/E, Omega Healthcare Investors (21.8x) is cheaper than CareTrust REIT (22.1x). A lower multiple can also mean the market expects less growth.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.