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Side-by-side financial comparison of DIVERSIFIED HEALTHCARE TRUST (DHC) and WEX Inc. (WEX). Click either name above to swap in a different company.

WEX Inc. is the larger business by last-quarter revenue ($652.7M vs $379.6M, roughly 1.7× DIVERSIFIED HEALTHCARE TRUST). WEX Inc. runs the higher net margin — 10.1% vs -5.6%, a 15.7% gap on every dollar of revenue. On growth, DIVERSIFIED HEALTHCARE TRUST posted the faster year-over-year revenue change (-0.0% vs -3.1%). WEX Inc. produced more free cash flow last quarter ($-9.2M vs $-166.4M). Over the past eight quarters, WEX Inc.'s revenue compounded faster (16.8% 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 ...

WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The company is headquartered in Portland, Maine and provides services in the United States, Canada, South America, Europe, Asia, and Australia.

DHC vs WEX — Head-to-Head

Bigger by revenue
WEX
WEX
1.7× larger
WEX
$652.7M
$379.6M
DHC
Growing faster (revenue YoY)
DHC
DHC
+3.1% gap
DHC
-0.0%
-3.1%
WEX
Higher net margin
WEX
WEX
15.7% more per $
WEX
10.1%
-5.6%
DHC
More free cash flow
WEX
WEX
$157.2M more FCF
WEX
$-9.2M
$-166.4M
DHC
Faster 2-yr revenue CAGR
WEX
WEX
Annualised
WEX
16.8%
1.2%
DHC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DHC
DHC
WEX
WEX
Revenue
$379.6M
$652.7M
Net Profit
$-21.2M
$65.8M
Gross Margin
Operating Margin
-12.6%
25.2%
Net Margin
-5.6%
10.1%
Revenue YoY
-0.0%
-3.1%
Net Profit YoY
75.7%
-15.3%
EPS (diluted)
$-0.09

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.

Revenue
DHC
DHC
WEX
WEX
Q1 26
$652.7M
Q4 25
$379.6M
$465.1M
Q3 25
$388.7M
$481.6M
Q2 25
$382.7M
$454.4M
Q1 25
$386.9M
$444.3M
Q4 24
$379.6M
$440.3M
Q3 24
$373.6M
$479.0M
Q2 24
$371.4M
$478.6M
Net Profit
DHC
DHC
WEX
WEX
Q1 26
$65.8M
Q4 25
$-21.2M
$84.2M
Q3 25
$-164.0M
$80.3M
Q2 25
$-91.6M
$68.1M
Q1 25
$-9.0M
$71.5M
Q4 24
$-87.4M
$63.9M
Q3 24
$-98.7M
$102.9M
Q2 24
$-97.9M
$77.0M
Gross Margin
DHC
DHC
WEX
WEX
Q1 26
Q4 25
39.0%
Q3 25
43.0%
Q2 25
40.0%
Q1 25
39.2%
Q4 24
41.5%
Q3 24
48.0%
Q2 24
44.9%
Operating Margin
DHC
DHC
WEX
WEX
Q1 26
25.2%
Q4 25
-12.6%
35.7%
Q3 25
-43.4%
38.1%
Q2 25
-24.5%
34.5%
Q1 25
-2.7%
35.4%
Q4 24
-26.1%
35.7%
Q3 24
-26.5%
41.0%
Q2 24
-23.0%
35.1%
Net Margin
DHC
DHC
WEX
WEX
Q1 26
10.1%
Q4 25
-5.6%
18.1%
Q3 25
-42.2%
16.7%
Q2 25
-23.9%
15.0%
Q1 25
-2.3%
16.1%
Q4 24
-23.0%
14.5%
Q3 24
-26.4%
21.5%
Q2 24
-26.3%
16.1%
EPS (diluted)
DHC
DHC
WEX
WEX
Q1 26
Q4 25
$-0.09
$2.38
Q3 25
$-0.68
$2.30
Q2 25
$-0.38
$1.98
Q1 25
$-0.04
$1.81
Q4 24
$-0.37
$1.60
Q3 24
$-0.41
$2.52
Q2 24
$-0.41
$1.83

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DHC
DHC
WEX
WEX
Cash + ST InvestmentsLiquidity on hand
$105.4M
$780.0M
Total DebtLower is stronger
$2.4B
Stockholders' EquityBook value
$1.7B
Total Assets
$4.4B
Debt / EquityLower = less leverage
1.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHC
DHC
WEX
WEX
Q1 26
$780.0M
Q4 25
$105.4M
$5.2B
Q3 25
$201.4M
$4.9B
Q2 25
$141.8M
$4.9B
Q1 25
$302.6M
$4.4B
Q4 24
$144.6M
$4.4B
Q3 24
$256.5M
$4.3B
Q2 24
$265.6M
$4.0B
Total Debt
DHC
DHC
WEX
WEX
Q1 26
Q4 25
$2.4B
Q3 25
Q2 25
Q1 25
Q4 24
$3.1B
Q3 24
Q2 24
Stockholders' Equity
DHC
DHC
WEX
WEX
Q1 26
Q4 25
$1.7B
$1.2B
Q3 25
$1.7B
$1.1B
Q2 25
$1.9B
$978.7M
Q1 25
$1.9B
$810.4M
Q4 24
$2.0B
$1.5B
Q3 24
$2.0B
$1.7B
Q2 24
$2.1B
$1.8B
Total Assets
DHC
DHC
WEX
WEX
Q1 26
Q4 25
$4.4B
$14.4B
Q3 25
$4.7B
$14.4B
Q2 25
$4.8B
$14.7B
Q1 25
$5.0B
$14.0B
Q4 24
$5.1B
$13.3B
Q3 24
$5.3B
$14.0B
Q2 24
$5.3B
$14.2B
Debt / Equity
DHC
DHC
WEX
WEX
Q1 26
Q4 25
1.47×
Q3 25
Q2 25
Q1 25
Q4 24
1.56×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DHC
DHC
WEX
WEX
Operating Cash FlowLast quarter
$-19.6M
Free Cash FlowOCF − Capex
$-166.4M
$-9.2M
FCF MarginFCF / Revenue
-43.8%
-1.4%
Capex IntensityCapex / Revenue
38.7%
5.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-280.3M
$818.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHC
DHC
WEX
WEX
Q1 26
Q4 25
$-19.6M
$294.7M
Q3 25
$-49.3M
$376.6M
Q2 25
$53.0M
$264.6M
Q1 25
$-3.2M
$-481.6M
Q4 24
$112.2M
$638.4M
Q3 24
$21.1M
$3.3M
Q2 24
$44.3M
$-7.0M
Free Cash Flow
DHC
DHC
WEX
WEX
Q1 26
$-9.2M
Q4 25
$-166.4M
$256.3M
Q3 25
$-89.8M
$341.6M
Q2 25
$18.8M
$230.0M
Q1 25
$-42.9M
$-514.2M
Q4 24
$-89.5M
$599.7M
Q3 24
$-26.1M
$-31.7M
Q2 24
$3.3M
$-46.6M
FCF Margin
DHC
DHC
WEX
WEX
Q1 26
-1.4%
Q4 25
-43.8%
55.1%
Q3 25
-23.1%
70.9%
Q2 25
4.9%
50.6%
Q1 25
-11.1%
-115.7%
Q4 24
-23.6%
136.2%
Q3 24
-7.0%
-6.6%
Q2 24
0.9%
-9.7%
Capex Intensity
DHC
DHC
WEX
WEX
Q1 26
5.2%
Q4 25
38.7%
8.3%
Q3 25
10.4%
7.3%
Q2 25
8.9%
7.6%
Q1 25
10.2%
7.3%
Q4 24
53.1%
8.8%
Q3 24
12.6%
7.3%
Q2 24
11.0%
8.3%
Cash Conversion
DHC
DHC
WEX
WEX
Q1 26
Q4 25
3.50×
Q3 25
4.69×
Q2 25
3.89×
Q1 25
-6.74×
Q4 24
9.99×
Q3 24
0.03×
Q2 24
-0.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DHC
DHC

Senior Housing Operating Portfolio Segment$323.4M85%
Rental Income$56.2M15%

WEX
WEX

Segment breakdown not available.

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