MPT vs NHI vs OHI Stock Comparison

Medical Properties Trust, National Health Investors and Omega Healthcare Investors Prices as of Nov 5, 2026 Peers: Industry group
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Head to Head

10 decided of 12

Omega Healthcare Investors leads on 7 of the 12 questions below (Omega Healthcare Investors 7, National Health Investors 2, Medical Properties Trust 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMPTNHIOHILeader
Larger companyMarket capitalisation $1.09B $3.47B $14.73B OHI
Cheaper on earningsLower P/E, profitable companies only -36.0x 20.8x 19.3x OHI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.0x 19.7x 17.5x MPT
Faster revenue growthRevenue growth, trailing twelve months +10.6% +23.9% +14.0% NHI
More profitableNet margin, trailing twelve months -3.0% 38.5% 58.1% OHI
Better return on capitalReturn on invested capital 3.2% — — –
Less leveragedLower net debt / EBITDA 11.4x 4.2x — NHI
Higher dividend yieldTrailing dividend yield 0.19% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -61.6% -6.2% +11.6% OHI
Better 5-year returnAnnualised price return, 5 years -38.4%/yr +5.2%/yr +9.9%/yr OHI
Less volatileAnnualised volatility, 1 year 42.0% 24.3% 21.4% OHI
Higher overall scoreMean of the five percentile scores vs peers 46/100 54/100 74/100 OHI

Percentile Scorecard

MPTNHIOHI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMPTNHIOHI
Valuation 86 #22 of 146 33 #98 of 146 62 #56 of 146
Growth 54 #67 of 145 60 #59 of 145 90 #16 of 145
Profitability 33 #95 of 141 81 #28 of 141 94 #10 of 141
Financial Health 13 #127 of 146 73 #40 of 146 92 #13 of 146
Shareholder Returns 45 #75 of 136 24 #104 of 136 33 #91 of 136
Overall 46 54 74
  • MPT ranked among 149 companies in Property REITs
  • NHI ranked among 149 companies in Property REITs
  • OHI ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMPTNHIOHISPY
1 month -43.3%+9.0%+7.2% -5.9%
3 months -59.4%-5.3%-1.4% -4.6%
6 months -64.9%-4.8%+4.0% +0.2%
Year to date -62.6%-6.4%+8.2% +7.5%
1 year -61.6%-6.2%+11.6% +8.2%
3 years -63.0%+39.5%+52.1% +68.3%
3 years, per year -28.2%+11.8%+15.0% +19.0%
5 years -91.1%+28.9%+60.3% +56.5%
5 years, per year -38.4%+5.2%+9.9% +9.4%
10 years -84.5%-0.8%+64.2% +251.5%
10 years, per year -17.0%-0.1%+5.1% +13.4%

Risk

MeasureMPTNHIOHISPY
Volatility, 1Y 42.0%24.3%21.4% 13.6%
Downside volatility, 1Y 47.2%26.1%20.8% 14.2%
Beta vs S&P 500, 1Y 0.73-0.29-0.16 1.00
Return / volatility, 1Y -1.47-0.250.54 0.60
Max drawdown, 5Y -92.3%-29.7%-23.3% -25.4%
From 52-week high -68.9%-21.5%-7.2% -5.9%
52-week high $6.02$91.02$51.74 $779.14
52-week low $1.87$63.97$42.63 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMPTNHIOHI
P/E now vs peer median -37.0xmedian 26.5x 20.8xmedian 26.5x 19.1xmedian 26.5x
P/S now vs peer median 1.1xmedian 4.2x 8.0xmedian 4.2x 11.1xmedian 4.2x
EV/EBITDA now vs peer median 12.8xmedian 14.4x 16.0xmedian 14.4x 10.0xmedian 14.4x
P/FCF now vs peer median 11.4xmedian 21.7x -27.8xmedian 21.7x 27.0xmedian 21.7x
P/B now vs peer median 0.2xmedian 1.3x 2.2xmedian 1.3x 2.5xmedian 1.3x
PEG now vs peer median 1.08median 1.78 1.99median 1.78 0.51median 1.78

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMPTNHIOHI
Revenue $1.02B $432.12M $1.31B
Operating income – – $1.25B
Net income -$29.03M $166.80M $797.03M
Free cash flow $98.17M -$124.29M $540.81M
EPS (diluted) $-0.05 $3.43 $2.37
Cash & equivalents $396.56M $30.39M $195.90M
Total debt $9.70B $1.27B –
Shares (diluted) 597.96M 48.50M 321.01M
Enterprise value -$673.70M $3.31B $14.44B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMPTNHIOHI
P/E -37.0x 20.8x 19.1x
P/FCF 11.4x -27.8x 27.0x
P/Operating cash flow 4.9x 13.9x 17.1x
P/S 1.1x 8.0x 11.1x
P/B 0.2x 2.2x 2.5x
P/Tangible book 0.2x 2.2x 2.5x
EV/EBITDA 12.8x 16.0x 10.0x
EV/EBIT 20.8x 22.9x 13.1x
EV/Revenue 10.2x 10.9x 11.0x
EV/FCF 106.2x -37.8x 26.6x
EV/Operating cash flow 46.0x 18.9x 16.8x
PEG (3Y EPS CAGR) 1.08 1.99 0.51

Growth

14 metrics
MetricMPTNHIOHI
Revenue growth (1Y) 10.6% 23.9% 14.0%
Revenue CAGR (3Y) -10.5% 12.0% 15.3%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – 77.0%
Operating income CAGR (3Y) – – –
Net income growth (1Y) 98.0% 16.7% 43.9%
Net income CAGR (3Y) -33.9% 14.7% 49.4%
EPS growth (1Y) 97.9% 12.6% 35.8%
EPS CAGR (3Y) -34.2% 10.4% 37.7%
Operating cash flow growth (1Y) 20.6% 17.0% -2.5%
Operating cash flow CAGR (3Y) -28.0% 13.2% 12.1%
Free cash flow growth (1Y) 848.1% -165.9% 15.4%
Free cash flow CAGR (3Y) 53.2% -43.5% 10.5%

Profitability

14 metrics
MetricMPTNHIOHI
Gross margin – – –
EBITDA margin 79.9% 67.8% 109.4%
Operating margin – – 95.7%
Pretax margin -3.2% 33.7% 60.7%
Net margin -3.0% 38.5% 58.1%
FCF margin 9.6% -28.8% 41.3%
Operating cash flow margin 22.3% 57.5% 65.2%
Return on equity -0.6% 10.7% 14.0%
Return on assets -0.2% 5.7% 7.9%
Return on invested capital 3.2% – –
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) -7.8x 1.5x 1.1x
Stock comp / revenue 1.2% 1.5% 5.2%

Financial Health

11 metrics
MetricMPTNHIOHI
Debt / assets 65.8% 43.0% –
Debt / equity 2.2x 0.8x –
Net debt / EBITDA 11.4x 4.2x –
Debt / FCF 98.9x -10.3x –
Liabilities / assets 69.5% 46.7% 43.1%
Equity / assets 30.5% 53.3% 56.9%
Interest coverage 0.9x 3.5x 5.6x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricMPTNHIOHI
Dividend yield 19.3% 5.2% 5.6%
Net buyback yield – -3.0% -2.7%
Shareholder yield 19.3% 2.2% 2.9%
Payout ratio (earnings) -710.6% – –
Payout ratio (FCF) 210.2% – –
Dividend growth (1Y) -12.2% – –
Dividend CAGR (3Y) -33.4% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMPTNHIOHI
Forward P/E 17.0xFY2026 19.7xFY2026 17.5xFY2026
EPS, next fiscal year $0.11FY2026 $3.63FY2026 $2.74FY2026
EPS growth, next FY – +20.2%FY2026 +41.2%FY2026
EPS growth, the year after -154.5% -17.1% -24.1%
Revenue, next fiscal year $1.01BFY2026 $295.49MFY2026 $1.16BFY2026
Revenue growth, next FY +4.2%FY2026 +8.8%FY2026 +17.5%FY2026
Revenue growth, the year after -6.9% -0.4% -0.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMPTNHIOHI
Held by institutions 60.8% 78.7% 82.7%
Institutions holding 487 305 764
Change in shares held, QoQ +5.2% +11.1% +6.2%
Institutions buying 222 157 391
Institutions selling 170 91 245
Buyers to sellers 1.31 1.73 1.60

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MPTNHIOHI
MPT 1.00 0.20 0.24
NHI 0.20 1.00 0.71
OHI 0.24 0.71 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MPT, NHI and OHI?

Omega Healthcare Investors (OHI) is the largest by market capitalisation: Medical Properties Trust (MPT) $1.09B, National Health Investors (NHI) $3.47B, Omega Healthcare Investors (OHI) $14.73B.

Which stock is cheaper, MPT, NHI and OHI?

Omega Healthcare Investors (OHI) trades on the lowest price-to-earnings ratio (Medical Properties Trust (MPT) -36.0x, National Health Investors (NHI) 20.8x, Omega Healthcare Investors (OHI) 19.3x). On next year's consensus earnings, Medical Properties Trust (MPT) is cheapest (Medical Properties Trust (MPT) 17.0x, National Health Investors (NHI) 19.7x, Omega Healthcare Investors (OHI) 17.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

National Health Investors (NHI) grew revenue fastest over the trailing twelve months: Medical Properties Trust (MPT) +10.6%, National Health Investors (NHI) +23.9%, Omega Healthcare Investors (OHI) +14.0%.

Which company is more profitable?

Omega Healthcare Investors (OHI) has the highest net margin (Medical Properties Trust (MPT) -3.0%, National Health Investors (NHI) 38.5%, Omega Healthcare Investors (OHI) 58.1%).

Which stock has performed better?

Over the past year Omega Healthcare Investors (OHI) returned the most: Medical Properties Trust (MPT) -61.6%, National Health Investors (NHI) -6.2%, Omega Healthcare Investors (OHI) +11.6%. Over five years, Omega Healthcare Investors (OHI) compounded fastest (Medical Properties Trust (MPT) -38.4%/yr, National Health Investors (NHI) +5.2%/yr, Omega Healthcare Investors (OHI) +9.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Medical Properties Trust (MPT) 0.19%, National Health Investors (NHI) 0.00%, Omega Healthcare Investors (OHI) 0.00%. National Health Investors (NHI) and Omega Healthcare Investors (OHI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Omega Healthcare Investors (OHI) has been the steadiest (Medical Properties Trust (MPT) 42.0%, National Health Investors (NHI) 24.3%, Omega Healthcare Investors (OHI) 21.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MPT, NHI and OHI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Omega Healthcare Investors (OHI) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.