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Side-by-side financial comparison of DIVERSIFIED HEALTHCARE TRUST (DHC) and NORTHERN OIL & GAS, INC. (NOG). Click either name above to swap in a different company.
NORTHERN OIL & GAS, INC. is the larger business by last-quarter revenue ($610.2M vs $379.6M, roughly 1.6× DIVERSIFIED HEALTHCARE TRUST). DIVERSIFIED HEALTHCARE TRUST runs the higher net margin — -5.6% vs -11.6%, a 6.0% gap on every dollar of revenue. On growth, DIVERSIFIED HEALTHCARE TRUST posted the faster year-over-year revenue change (-0.0% vs -72.6%). NORTHERN OIL & GAS, INC. produced more free cash flow last quarter ($43.2M vs $-166.4M). Over the past eight quarters, NORTHERN OIL & GAS, INC.'s revenue compounded faster (4.3% CAGR vs 1.2%).
GE Healthcare Technologies, Inc. is an American health technology company based in Chicago, Illinois. The company, which stylizes its own name as GE HealthCare, operates four divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical ...
Marathon Oil Corporation was an American company engaged in hydrocarbon exploration. In November 2024, it was acquired by ConocoPhillips and absorbed into the company.
DHC vs NOG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $379.6M | $610.2M |
| Net Profit | $-21.2M | $-70.7M |
| Gross Margin | — | — |
| Operating Margin | -12.6% | — |
| Net Margin | -5.6% | -11.6% |
| Revenue YoY | -0.0% | -72.6% |
| Net Profit YoY | 75.7% | -198.7% |
| EPS (diluted) | $-0.09 | $-0.73 |
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.
| Q1 26 | — | $610.2M | ||
| Q4 25 | $379.6M | $610.2M | ||
| Q3 25 | $388.7M | $556.6M | ||
| Q2 25 | $382.7M | $706.8M | ||
| Q1 25 | $386.9M | $602.1M | ||
| Q4 24 | $379.6M | $515.0M | ||
| Q3 24 | $373.6M | $753.6M | ||
| Q2 24 | $371.4M | $560.8M |
| Q1 26 | — | $-70.7M | ||
| Q4 25 | $-21.2M | $-70.7M | ||
| Q3 25 | $-164.0M | $-129.1M | ||
| Q2 25 | $-91.6M | $99.6M | ||
| Q1 25 | $-9.0M | $139.0M | ||
| Q4 24 | $-87.4M | $71.7M | ||
| Q3 24 | $-98.7M | $298.4M | ||
| Q2 24 | $-97.9M | $138.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 80.4% | ||
| Q3 25 | — | 78.7% | ||
| Q2 25 | — | 82.8% | ||
| Q1 25 | — | 81.1% | ||
| Q4 24 | — | 77.4% | ||
| Q3 24 | — | 85.8% | ||
| Q2 24 | — | 82.0% |
| Q1 26 | — | — | ||
| Q4 25 | -12.6% | -5.5% | ||
| Q3 25 | -43.4% | -22.6% | ||
| Q2 25 | -24.5% | 24.9% | ||
| Q1 25 | -2.7% | 38.1% | ||
| Q4 24 | -26.1% | 25.8% | ||
| Q3 24 | -26.5% | 57.6% | ||
| Q2 24 | -23.0% | 39.0% |
| Q1 26 | — | -11.6% | ||
| Q4 25 | -5.6% | -11.6% | ||
| Q3 25 | -42.2% | -23.2% | ||
| Q2 25 | -23.9% | 14.1% | ||
| Q1 25 | -2.3% | 23.1% | ||
| Q4 24 | -23.0% | 13.9% | ||
| Q3 24 | -26.4% | 39.6% | ||
| Q2 24 | -26.3% | 24.7% |
| Q1 26 | — | $-0.73 | ||
| Q4 25 | $-0.09 | $-0.67 | ||
| Q3 25 | $-0.68 | $-1.33 | ||
| Q2 25 | $-0.38 | $1.00 | ||
| Q1 25 | $-0.04 | $1.39 | ||
| Q4 24 | $-0.37 | $0.71 | ||
| Q3 24 | $-0.41 | $2.96 | ||
| Q2 24 | $-0.41 | $1.36 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $105.4M | $14.3M |
| Total DebtLower is stronger | $2.4B | — |
| Stockholders' EquityBook value | $1.7B | $2.1B |
| Total Assets | $4.4B | $5.4B |
| Debt / EquityLower = less leverage | 1.47× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $14.3M | ||
| Q4 25 | $105.4M | $14.3M | ||
| Q3 25 | $201.4M | $31.6M | ||
| Q2 25 | $141.8M | $25.9M | ||
| Q1 25 | $302.6M | $33.6M | ||
| Q4 24 | $144.6M | $8.9M | ||
| Q3 24 | $256.5M | $34.4M | ||
| Q2 24 | $265.6M | $7.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $2.4B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | $3.1B | $2.4B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $1.9B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.7B | $2.1B | ||
| Q3 25 | $1.7B | $2.2B | ||
| Q2 25 | $1.9B | $2.4B | ||
| Q1 25 | $1.9B | $2.4B | ||
| Q4 24 | $2.0B | $2.3B | ||
| Q3 24 | $2.0B | $2.3B | ||
| Q2 24 | $2.1B | $2.1B |
| Q1 26 | — | $5.4B | ||
| Q4 25 | $4.4B | $5.4B | ||
| Q3 25 | $4.7B | $5.5B | ||
| Q2 25 | $4.8B | $5.7B | ||
| Q1 25 | $5.0B | $5.7B | ||
| Q4 24 | $5.1B | $5.6B | ||
| Q3 24 | $5.3B | $5.1B | ||
| Q2 24 | $5.3B | $4.7B |
| Q1 26 | — | — | ||
| Q4 25 | 1.47× | 1.13× | ||
| Q3 25 | — | 1.05× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 0.96× | ||
| Q4 24 | 1.56× | 1.02× | ||
| Q3 24 | — | 0.84× | ||
| Q2 24 | — | 0.91× |
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 | $-19.6M | $312.6M |
| Free Cash FlowOCF − Capex | $-166.4M | $43.2M |
| FCF MarginFCF / Revenue | -43.8% | 7.1% |
| Capex IntensityCapex / Revenue | 38.7% | 31.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-280.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $312.6M | ||
| Q4 25 | $-19.6M | $312.6M | ||
| Q3 25 | $-49.3M | $423.1M | ||
| Q2 25 | $53.0M | $362.1M | ||
| Q1 25 | $-3.2M | $407.4M | ||
| Q4 24 | $112.2M | $290.3M | ||
| Q3 24 | $21.1M | $385.8M | ||
| Q2 24 | $44.3M | $340.5M |
| Q1 26 | — | $43.2M | ||
| Q4 25 | $-166.4M | — | ||
| Q3 25 | $-89.8M | — | ||
| Q2 25 | $18.8M | — | ||
| Q1 25 | $-42.9M | — | ||
| Q4 24 | $-89.5M | — | ||
| Q3 24 | $-26.1M | — | ||
| Q2 24 | $3.3M | — |
| Q1 26 | — | 7.1% | ||
| Q4 25 | -43.8% | — | ||
| Q3 25 | -23.1% | — | ||
| Q2 25 | 4.9% | — | ||
| Q1 25 | -11.1% | — | ||
| Q4 24 | -23.6% | — | ||
| Q3 24 | -7.0% | — | ||
| Q2 24 | 0.9% | — |
| Q1 26 | — | 31.5% | ||
| Q4 25 | 38.7% | — | ||
| Q3 25 | 10.4% | — | ||
| Q2 25 | 8.9% | — | ||
| Q1 25 | 10.2% | — | ||
| Q4 24 | 53.1% | — | ||
| Q3 24 | 12.6% | — | ||
| Q2 24 | 11.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 3.64× | ||
| Q1 25 | — | 2.93× | ||
| Q4 24 | — | 4.05× | ||
| Q3 24 | — | 1.29× | ||
| Q2 24 | — | 2.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DHC
| Senior Housing Operating Portfolio Segment | $323.4M | 85% |
| Rental Income | $56.2M | 15% |
NOG
| Oil and Gas Sales | $447.7M | 73% |
| Gain on Commodity Derivatives, Net | $159.3M | 26% |
| Other Revenue | $3.1M | 1% |
