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American Healthcare REIT, Inc.（AHR）与OMEGA HEALTHCARE INVESTORS INC（OHI）财务数据对比。点击上方公司名可切换其他公司
American Healthcare REIT, Inc.的季度营收约是OMEGA HEALTHCARE INVESTORS INC的1.8倍（$564.0M vs $319.2M）。OMEGA HEALTHCARE INVESTORS INC净利率更高（51.6% vs 1.9%，领先49.7%）。OMEGA HEALTHCARE INVESTORS INC同比增速更快（14.3% vs 13.5%）。过去两年OMEGA HEALTHCARE INVESTORS INC的营收复合增速更高（14.5% vs 11.7%）
本公司是一家国际医疗房地产投资信托基金（REIT），总部位于美国阿拉巴马州伯明翰，主要在美国及欧洲地区收购、投资医疗机构与营利性医疗控股企业，物业收购多采用售后回租模式，租户通常签署长期三净租约。
Omega Healthcare Investors Inc是一家专注于医疗领域的房地产投资信托公司，核心业务为持有、租赁及运营多元化的医疗相关不动产资产，主要包括专业护理机构、养老住宅及长期护理设施，业务覆盖美国和英国，与医疗运营商合作为优质医疗服务提供稳定的不动产支持。
AHR vs OHI — 直观对比
营收规模更大
AHR
是对方的1.8倍
$319.2M
营收增速更快
OHI
高出0.8%
13.5%
净利率更高
OHI
高出49.7%
1.9%
两年增速更快
OHI
近两年复合增速
11.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $564.0M | $319.2M |
| 净利润 | $10.8M | $164.8M |
| 毛利率 | 14.8% | — |
| 营业利润率 | 19.8% | 53.7% |
| 净利率 | 1.9% | 51.6% |
| 营收同比 | 13.5% | 14.3% |
| 净利润同比 | 133.9% | 45.4% |
| 每股收益（稀释后） | $0.07 | $0.56 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AHROHI
| Q4 25 | $564.0M | $319.2M | ||
| Q3 25 | $532.1M | $311.6M | ||
| Q2 25 | $501.3M | $282.5M | ||
| Q1 25 | $497.2M | $276.8M | ||
| Q4 24 | $496.8M | $279.3M | ||
| Q3 24 | $476.8M | $276.0M | ||
| Q2 24 | $458.0M | $252.7M | ||
| Q1 24 | $452.1M | $243.3M |
净利润AHROHI
| Q4 25 | $10.8M | $164.8M | ||
| Q3 25 | $55.9M | $179.7M | ||
| Q2 25 | $9.9M | $136.6M | ||
| Q1 25 | $-6.8M | $109.0M | ||
| Q4 24 | $-31.8M | $113.3M | ||
| Q3 24 | $-4.1M | $111.8M | ||
| Q2 24 | $2.0M | $113.9M | ||
| Q1 24 | $-3.9M | $67.4M |
毛利率AHROHI
| Q4 25 | 14.8% | — | ||
| Q3 25 | 14.6% | — | ||
| Q2 25 | 15.0% | — | ||
| Q1 25 | 13.0% | — | ||
| Q4 24 | 13.3% | — | ||
| Q3 24 | 12.5% | — | ||
| Q2 24 | 12.1% | — | ||
| Q1 24 | 10.7% | — |
营业利润率AHROHI
| Q4 25 | 19.8% | 53.7% | ||
| Q3 25 | 19.9% | 61.4% | ||
| Q2 25 | 20.6% | 52.1% | ||
| Q1 25 | 19.0% | 41.4% | ||
| Q4 24 | 20.0% | 42.5% | ||
| Q3 24 | 19.6% | 40.3% | ||
| Q2 24 | 19.4% | 47.1% | ||
| Q1 24 | 18.2% | 29.5% |
净利率AHROHI
| Q4 25 | 1.9% | 51.6% | ||
| Q3 25 | 10.5% | 57.7% | ||
| Q2 25 | 2.0% | 48.4% | ||
| Q1 25 | -1.4% | 39.4% | ||
| Q4 24 | -6.4% | 40.6% | ||
| Q3 24 | -0.9% | 40.5% | ||
| Q2 24 | 0.4% | 45.1% | ||
| Q1 24 | -0.9% | 27.7% |
每股收益（稀释后）AHROHI
| Q4 25 | $0.07 | $0.56 | ||
| Q3 25 | $0.33 | $0.59 | ||
| Q2 25 | $0.06 | $0.46 | ||
| Q1 25 | $-0.04 | $0.33 | ||
| Q4 24 | $-0.23 | $0.41 | ||
| Q3 24 | $-0.03 | $0.42 | ||
| Q2 24 | $0.01 | $0.45 | ||
| Q1 24 | $-0.04 | $0.27 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $114.8M | $27.0M |
| 总债务越低越好 | — | $4.3B |
| 股东权益账面价值 | $3.3B | $5.2B |
| 总资产 | $5.4B | $10.0B |
| 负债/权益比越低杠杆越低 | — | 0.82× |
8季度趋势，按日历期对齐
现金及短期投资AHROHI
| Q4 25 | $114.8M | $27.0M | ||
| Q3 25 | $147.4M | $737.2M | ||
| Q2 25 | $133.5M | $734.2M | ||
| Q1 25 | $86.1M | $368.0M | ||
| Q4 24 | $76.7M | $518.3M | ||
| Q3 24 | $67.8M | $342.4M | ||
| Q2 24 | $52.1M | $35.2M | ||
| Q1 24 | $77.0M | $361.8M |
总债务AHROHI
| Q4 25 | — | $4.3B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.0B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $4.9B | ||
| Q2 24 | — | $4.7B | ||
| Q1 24 | — | $5.0B |
股东权益AHROHI
| Q4 25 | $3.3B | $5.2B | ||
| Q3 25 | $2.7B | $5.0B | ||
| Q2 25 | $2.4B | $5.0B | ||
| Q1 25 | $2.3B | $4.7B | ||
| Q4 24 | $2.3B | $4.5B | ||
| Q3 24 | $2.2B | $4.2B | ||
| Q2 24 | $1.9B | $3.7B | ||
| Q1 24 | $2.0B | $3.5B |
总资产AHROHI
| Q4 25 | $5.4B | $10.0B | ||
| Q3 25 | $4.8B | $10.6B | ||
| Q2 25 | $4.5B | $10.5B | ||
| Q1 25 | $4.5B | $9.7B | ||
| Q4 24 | $4.5B | $9.9B | ||
| Q3 24 | $4.7B | $9.6B | ||
| Q2 24 | $4.6B | $8.8B | ||
| Q1 24 | $4.7B | $9.0B |
负债/权益比AHROHI
| Q4 25 | — | 0.82× | ||
| Q3 25 | — | 0.99× | ||
| Q2 25 | — | 1.00× | ||
| Q1 25 | — | 0.94× | ||
| Q4 24 | — | 1.07× | ||
| Q3 24 | — | 1.15× | ||
| Q2 24 | — | 1.26× | ||
| Q1 24 | — | 1.43× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $55.2M | $230.6M |
| 自由现金流经营现金流 - 资本支出 | — | $203.9M |
| 自由现金流率自由现金流/营收 | — | 63.9% |
| 资本支出强度资本支出/营收 | — | 8.4% |
| 现金转化率经营现金流/净利润 | 5.12× | 1.40× |
| 过去12个月自由现金流最近4个季度 | — | $797.7M |
8季度趋势，按日历期对齐
经营现金流AHROHI
| Q4 25 | $55.2M | $230.6M | ||
| Q3 25 | $107.2M | $226.7M | ||
| Q2 25 | $71.5M | $239.3M | ||
| Q1 25 | $60.6M | $182.0M | ||
| Q4 24 | $59.5M | $229.0M | ||
| Q3 24 | $63.1M | $184.9M | ||
| Q2 24 | $59.4M | $184.1M | ||
| Q1 24 | $-6.0M | $151.5M |
自由现金流AHROHI
| 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 |
自由现金流率AHROHI
| 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% |
资本支出强度AHROHI
| 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% |
现金转化率AHROHI
| Q4 25 | 5.12× | 1.40× | ||
| Q3 25 | 1.92× | 1.26× | ||
| Q2 25 | 7.21× | 1.75× | ||
| Q1 25 | — | 1.67× | ||
| Q4 24 | — | 2.02× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | 30.02× | 1.62× | ||
| Q1 24 | — | 2.25× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AHR
| Integrated Senior Health Campuses | $467.0M | 83% |
| SHOP | $97.0M | 17% |
OHI
暂无分部数据
