American Healthcare Reit vs Diversified Healthcare Trust
American Healthcare Reit is the larger business, with $2.26bn of revenue in fiscal 2025 against $1.54bn for Diversified Healthcare Trust (1.5 times as much). American Healthcare Reit grew faster (9.1% against 2.8%). American Healthcare Reit kept more of each dollar of sales as profit: a net margin of 3.1% against -18.6%. American Healthcare Reit carries less debt relative to equity (29.7% against 146.7%).
| Latest fiscal year | American Healthcare ReitAHR, 2025 | Diversified Healthcare TrustDHC, 2025 |
|---|---|---|
| Revenue | $2.26bn | $1.54bn |
| Revenue growth | 9.1% | 2.8% |
| Net income | $69.8m | −$286m |
| Operating margin | 18.4% | — |
| Net margin | 3.1% | -18.6% |
| Return on equity | 2.5% | -15.8% |
| Free cash flow | $294m | −$166m |
| Cash | $115m | $105m |
| Total debt | $986m | $2.44bn |
| Debt to equity | 29.7% | 146.7% |
| Dividend per share | $1.00 | $0.04 |
| Dividend yield | 1.7% | 0.5% |
| Share buybacks | $0 | $1.1m |
| Employees | 121 | — |
| Market value | $10.68bn | $1.80bn |
| Price vs our value range | — | — |
| Moat score | 27 (Weak) | 50 (Moderate) |
| Insider trades, 12 months | 0 buys, 10 sales | 1 buys, 0 sales |