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Side-by-side financial comparison of OMEGA HEALTHCARE INVESTORS INC (OHI) and W. P. Carey Inc. (WPC). Click either name above to swap in a different company.

W. P. Carey Inc. is the larger business by last-quarter revenue ($444.5M vs $319.2M, roughly 1.4× OMEGA HEALTHCARE INVESTORS INC). OMEGA HEALTHCARE INVESTORS INC runs the higher net margin — 51.6% vs 33.4%, a 18.3% gap on every dollar of revenue. On growth, OMEGA HEALTHCARE INVESTORS INC posted the faster year-over-year revenue change (14.3% vs 9.4%). Over the past eight quarters, OMEGA HEALTHCARE INVESTORS INC's revenue compounded faster (14.5% CAGR vs 6.8%).

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.

W. P. Carey is a real estate investment trust that invests in properties leased to single tenants via NNN leases. The company is organized in Maryland, with its primary office in New York City.

OHI vs WPC — Head-to-Head

Bigger by revenue
WPC
WPC
1.4× larger
WPC
$444.5M
$319.2M
OHI
Growing faster (revenue YoY)
OHI
OHI
+4.8% gap
OHI
14.3%
9.4%
WPC
Higher net margin
OHI
OHI
18.3% more per $
OHI
51.6%
33.4%
WPC
Faster 2-yr revenue CAGR
OHI
OHI
Annualised
OHI
14.5%
6.8%
WPC

Income Statement — Q4 2025 vs Q4 2025

Metric
OHI
OHI
WPC
WPC
Revenue
$319.2M
$444.5M
Net Profit
$164.8M
$148.3M
Gross Margin
Operating Margin
53.7%
34.5%
Net Margin
51.6%
33.4%
Revenue YoY
14.3%
9.4%
Net Profit YoY
45.4%
215.4%
EPS (diluted)
$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.

Revenue
OHI
OHI
WPC
WPC
Q4 25
$319.2M
$444.5M
Q3 25
$311.6M
$431.3M
Q2 25
$282.5M
$430.8M
Q1 25
$276.8M
$409.9M
Q4 24
$279.3M
$406.2M
Q3 24
$276.0M
$397.4M
Q2 24
$252.7M
$389.7M
Q1 24
$243.3M
$389.8M
Net Profit
OHI
OHI
WPC
WPC
Q4 25
$164.8M
$148.3M
Q3 25
$179.7M
$141.0M
Q2 25
$136.6M
$51.2M
Q1 25
$109.0M
$125.8M
Q4 24
$113.3M
$47.0M
Q3 24
$111.8M
$111.7M
Q2 24
$113.9M
$142.9M
Q1 24
$67.4M
$159.2M
Operating Margin
OHI
OHI
WPC
WPC
Q4 25
53.7%
34.5%
Q3 25
61.4%
34.7%
Q2 25
52.1%
15.0%
Q1 25
41.4%
33.5%
Q4 24
42.5%
13.5%
Q3 24
40.3%
30.4%
Q2 24
47.1%
38.3%
Q1 24
29.5%
43.0%
Net Margin
OHI
OHI
WPC
WPC
Q4 25
51.6%
33.4%
Q3 25
57.7%
32.7%
Q2 25
48.4%
11.9%
Q1 25
39.4%
30.7%
Q4 24
40.6%
11.6%
Q3 24
40.5%
28.1%
Q2 24
45.1%
36.7%
Q1 24
27.7%
40.8%
EPS (diluted)
OHI
OHI
WPC
WPC
Q4 25
$0.56
Q3 25
$0.59
Q2 25
$0.46
Q1 25
$0.33
Q4 24
$0.41
Q3 24
$0.42
Q2 24
$0.45
Q1 24
$0.27

Balance Sheet & Financial Strength

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

Metric
OHI
OHI
WPC
WPC
Cash + ST InvestmentsLiquidity on hand
$27.0M
$155.3M
Total DebtLower is stronger
$4.3B
$8.7B
Stockholders' EquityBook value
$5.2B
$8.1B
Total Assets
$10.0B
$18.0B
Debt / EquityLower = less leverage
0.82×
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OHI
OHI
WPC
WPC
Q4 25
$27.0M
$155.3M
Q3 25
$737.2M
$249.0M
Q2 25
$734.2M
$244.8M
Q1 25
$368.0M
$187.8M
Q4 24
$518.3M
$640.4M
Q3 24
$342.4M
$818.2M
Q2 24
$35.2M
$1.1B
Q1 24
$361.8M
$777.0M
Total Debt
OHI
OHI
WPC
WPC
Q4 25
$4.3B
$8.7B
Q3 25
$5.0B
$8.7B
Q2 25
$5.0B
$8.6B
Q1 25
$4.4B
$7.9B
Q4 24
$4.8B
$8.0B
Q3 24
$4.9B
$8.0B
Q2 24
$4.7B
$8.1B
Q1 24
$5.0B
$7.9B
Stockholders' Equity
OHI
OHI
WPC
WPC
Q4 25
$5.2B
$8.1B
Q3 25
$5.0B
$8.2B
Q2 25
$5.0B
$8.2B
Q1 25
$4.7B
$8.4B
Q4 24
$4.5B
$8.4B
Q3 24
$4.2B
$8.6B
Q2 24
$3.7B
$8.6B
Q1 24
$3.5B
$8.7B
Total Assets
OHI
OHI
WPC
WPC
Q4 25
$10.0B
$18.0B
Q3 25
$10.6B
$18.0B
Q2 25
$10.5B
$18.0B
Q1 25
$9.7B
$17.3B
Q4 24
$9.9B
$17.5B
Q3 24
$9.6B
$17.6B
Q2 24
$8.8B
$17.8B
Q1 24
$9.0B
$17.6B
Debt / Equity
OHI
OHI
WPC
WPC
Q4 25
0.82×
1.07×
Q3 25
0.99×
1.06×
Q2 25
1.00×
1.05×
Q1 25
0.94×
0.94×
Q4 24
1.07×
0.95×
Q3 24
1.15×
0.93×
Q2 24
1.26×
0.94×
Q1 24
1.43×
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
OHI
OHI
WPC
WPC
Operating Cash FlowLast quarter
$230.6M
$304.6M
Free Cash FlowOCF − Capex
$203.9M
FCF MarginFCF / Revenue
63.9%
Capex IntensityCapex / Revenue
8.4%
Cash ConversionOCF / Net Profit
1.40×
2.05×
TTM Free Cash FlowTrailing 4 quarters
$797.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OHI
OHI
WPC
WPC
Q4 25
$230.6M
$304.6M
Q3 25
$226.7M
$300.5M
Q2 25
$239.3M
$404.0M
Q1 25
$182.0M
$273.2M
Q4 24
$229.0M
$296.3M
Q3 24
$184.9M
$280.2M
Q2 24
$184.1M
$221.0M
Q1 24
$151.5M
$1.0B
Free Cash Flow
OHI
OHI
WPC
WPC
Q4 25
$203.9M
Q3 25
$205.5M
Q2 25
$226.5M
Q1 25
$161.8M
Q4 24
$213.5M
Q3 24
$176.6M
Q2 24
$177.0M
Q1 24
$144.5M
FCF Margin
OHI
OHI
WPC
WPC
Q4 25
63.9%
Q3 25
65.9%
Q2 25
80.2%
Q1 25
58.4%
Q4 24
76.4%
Q3 24
64.0%
Q2 24
70.0%
Q1 24
59.4%
Capex Intensity
OHI
OHI
WPC
WPC
Q4 25
8.4%
Q3 25
6.8%
Q2 25
4.5%
Q1 25
7.3%
Q4 24
5.5%
Q3 24
3.0%
Q2 24
2.8%
Q1 24
2.9%
Cash Conversion
OHI
OHI
WPC
WPC
Q4 25
1.40×
2.05×
Q3 25
1.26×
2.13×
Q2 25
1.75×
7.89×
Q1 25
1.67×
2.17×
Q4 24
2.02×
6.30×
Q3 24
1.65×
2.51×
Q2 24
1.62×
1.55×
Q1 24
2.25×
6.50×

Financial Flow Comparison

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

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