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Side-by-side financial comparison of ADAMAS TRUST, INC. (ADAM) and OMEGA HEALTHCARE INVESTORS INC (OHI). Click either name above to swap in a different company.
OMEGA HEALTHCARE INVESTORS INC is the larger business by last-quarter revenue ($319.2M vs $43.2M, roughly 7.4× ADAMAS TRUST, INC.). ADAMAS TRUST, INC. runs the higher net margin — 124.0% vs 51.6%, a 72.4% gap on every dollar of revenue. On growth, ADAMAS TRUST, INC. posted the faster year-over-year revenue change (61.6% vs 14.3%). Over the past eight quarters, ADAMAS TRUST, INC.'s revenue compounded faster (55.5% CAGR vs 14.5%).
Omega Healthcare Investors Inc is a specialized real estate investment trust that owns, leases and manages healthcare-related real estate assets, mainly including skilled nursing facilities, senior housing and long-term care facilities across the U.S. and UK. It partners with healthcare operators to provide stable real estate support for quality patient care delivery.
ADAM vs OHI — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $43.2M | $319.2M |
| Net Profit | $53.5M | $164.8M |
| Gross Margin | — | — |
| Operating Margin | — | 53.7% |
| Net Margin | 124.0% | 51.6% |
| Revenue YoY | 61.6% | 14.3% |
| Net Profit YoY | 270.5% | 45.4% |
| EPS (diluted) | $0.45 | $0.56 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $43.2M | $319.2M | ||
| Q3 25 | $36.6M | $311.6M | ||
| Q2 25 | $36.4M | $282.5M | ||
| Q1 25 | $33.1M | $276.8M | ||
| Q4 24 | $26.7M | $279.3M | ||
| Q3 24 | $20.2M | $276.0M | ||
| Q2 24 | $19.0M | $252.7M | ||
| Q1 24 | $17.9M | $243.3M |
| Q4 25 | $53.5M | $164.8M | ||
| Q3 25 | $44.8M | $179.7M | ||
| Q2 25 | $8.5M | $136.6M | ||
| Q1 25 | $42.2M | $109.0M | ||
| Q4 24 | $-31.4M | $113.3M | ||
| Q3 24 | $42.8M | $111.8M | ||
| Q2 24 | $-15.6M | $113.9M | ||
| Q1 24 | $-57.9M | $67.4M |
| Q4 25 | — | 53.7% | ||
| Q3 25 | — | 61.4% | ||
| Q2 25 | 11.7% | 52.1% | ||
| Q1 25 | — | 41.4% | ||
| Q4 24 | -119.0% | 42.5% | ||
| Q3 24 | — | 40.3% | ||
| Q2 24 | -124.7% | 47.1% | ||
| Q1 24 | -448.8% | 29.5% |
| Q4 25 | 124.0% | 51.6% | ||
| Q3 25 | 122.5% | 57.7% | ||
| Q2 25 | 23.4% | 48.4% | ||
| Q1 25 | 127.4% | 39.4% | ||
| Q4 24 | -117.5% | 40.6% | ||
| Q3 24 | 211.7% | 40.5% | ||
| Q2 24 | -81.9% | 45.1% | ||
| Q1 24 | -324.1% | 27.7% |
| Q4 25 | $0.45 | $0.56 | ||
| Q3 25 | $0.36 | $0.59 | ||
| Q2 25 | $-0.04 | $0.46 | ||
| Q1 25 | $0.33 | $0.33 | ||
| Q4 24 | $-0.46 | $0.41 | ||
| Q3 24 | $0.36 | $0.42 | ||
| Q2 24 | $-0.29 | $0.45 | ||
| Q1 24 | $-0.75 | $0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $210.3M | $27.0M |
| Total DebtLower is stronger | $735.8M | $4.3B |
| Stockholders' EquityBook value | $1.4B | $5.2B |
| Total Assets | $12.6B | $10.0B |
| Debt / EquityLower = less leverage | 0.52× | 0.82× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $210.3M | $27.0M | ||
| Q3 25 | $185.3M | $737.2M | ||
| Q2 25 | $160.4M | $734.2M | ||
| Q1 25 | $177.1M | $368.0M | ||
| Q4 24 | $167.4M | $518.3M | ||
| Q3 24 | $195.1M | $342.4M | ||
| Q2 24 | $235.5M | $35.2M | ||
| Q1 24 | $226.9M | $361.8M |
| Q4 25 | $735.8M | $4.3B | ||
| Q3 25 | $766.6M | $5.0B | ||
| Q2 25 | $653.0M | $5.0B | ||
| Q1 25 | $654.4M | $4.4B | ||
| Q4 24 | $573.2M | $4.8B | ||
| Q3 24 | $699.4M | $4.9B | ||
| Q2 24 | $800.7M | $4.7B | ||
| Q1 24 | $1.0B | $5.0B |
| Q4 25 | $1.4B | $5.2B | ||
| Q3 25 | $1.4B | $5.0B | ||
| Q2 25 | $1.4B | $5.0B | ||
| Q1 25 | $1.4B | $4.7B | ||
| Q4 24 | $1.4B | $4.5B | ||
| Q3 24 | $1.4B | $4.2B | ||
| Q2 24 | $1.4B | $3.7B | ||
| Q1 24 | $1.5B | $3.5B |
| Q4 25 | $12.6B | $10.0B | ||
| Q3 25 | $12.4B | $10.6B | ||
| Q2 25 | $10.6B | $10.5B | ||
| Q1 25 | $10.0B | $9.7B | ||
| Q4 24 | $9.2B | $9.9B | ||
| Q3 24 | $8.9B | $9.6B | ||
| Q2 24 | $8.2B | $8.8B | ||
| Q1 24 | $7.4B | $9.0B |
| Q4 25 | 0.52× | 0.82× | ||
| Q3 25 | 0.55× | 0.99× | ||
| Q2 25 | 0.47× | 1.00× | ||
| Q1 25 | 0.47× | 0.94× | ||
| Q4 24 | 0.41× | 1.07× | ||
| Q3 24 | 0.48× | 1.15× | ||
| Q2 24 | 0.56× | 1.26× | ||
| Q1 24 | 0.67× | 1.43× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $62.1M | $230.6M |
| Free Cash FlowOCF − Capex | — | $203.9M |
| FCF MarginFCF / Revenue | — | 63.9% |
| Capex IntensityCapex / Revenue | — | 8.4% |
| Cash ConversionOCF / Net Profit | 1.16× | 1.40× |
| TTM Free Cash FlowTrailing 4 quarters | — | $797.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $62.1M | $230.6M | ||
| Q3 25 | $6.9M | $226.7M | ||
| Q2 25 | $39.2M | $239.3M | ||
| Q1 25 | $25.8M | $182.0M | ||
| Q4 24 | $29.1M | $229.0M | ||
| Q3 24 | $-922.0K | $184.9M | ||
| Q2 24 | $-993.0K | $184.1M | ||
| Q1 24 | $-13.1M | $151.5M |
| Q4 25 | — | $203.9M | ||
| Q3 25 | — | $205.5M | ||
| Q2 25 | — | $226.5M | ||
| Q1 25 | — | $161.8M | ||
| Q4 24 | $25.7M | $213.5M | ||
| Q3 24 | $-8.6M | $176.6M | ||
| Q2 24 | $-8.6M | $177.0M | ||
| Q1 24 | $-19.1M | $144.5M |
| Q4 25 | — | 63.9% | ||
| Q3 25 | — | 65.9% | ||
| Q2 25 | — | 80.2% | ||
| Q1 25 | — | 58.4% | ||
| Q4 24 | 96.1% | 76.4% | ||
| Q3 24 | -42.3% | 64.0% | ||
| Q2 24 | -44.9% | 70.0% | ||
| Q1 24 | -107.0% | 59.4% |
| Q4 25 | — | 8.4% | ||
| Q3 25 | — | 6.8% | ||
| Q2 25 | — | 4.5% | ||
| Q1 25 | — | 7.3% | ||
| Q4 24 | 12.9% | 5.5% | ||
| Q3 24 | 37.7% | 3.0% | ||
| Q2 24 | 39.7% | 2.8% | ||
| Q1 24 | 33.5% | 2.9% |
| Q4 25 | 1.16× | 1.40× | ||
| Q3 25 | 0.15× | 1.26× | ||
| Q2 25 | 4.59× | 1.75× | ||
| Q1 25 | 0.61× | 1.67× | ||
| Q4 24 | — | 2.02× | ||
| Q3 24 | -0.02× | 1.65× | ||
| Q2 24 | — | 1.62× | ||
| Q1 24 | — | 2.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADAM
| Other | $19.6M | 45% |
| Constructive Loans LLC | $14.4M | 33% |
| Multifamily | $9.1M | 21% |
OHI
Segment breakdown not available.
