REIT - Healthcare Facilities
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HR vs VTR
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Healthcare Facilities
HR vs VTR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Healthcare Facilities | REIT - Healthcare Facilities |
| Market Cap | $7.06B | $41.18B |
| Revenue (TTM) | $1.15B | $6.13B |
| Net Income (TTM) | $-201M | $260M |
| Gross Margin | -9.7% | -4.3% |
| Operating Margin | 19.5% | 13.4% |
| Forward P/E | — | 118.1x |
| Total Debt | $4.15B | $13.22B |
| Cash & Equiv. | $26M | $741M |
HR vs VTR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Healthcare Realty T… (HR) | 100 | 65.9 | -34.1% |
| Ventas, Inc. (VTR) | 100 | 247.8 | +147.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: HR vs VTR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
HR is the clearest fit if your priority is sleep-well-at-night and defensive.
- Lower volatility, beta 0.13, Low D/E 88.7%, current ratio 1.75x
- Beta 0.13, yield 5.5%, current ratio 1.75x
- 5.5% yield, vs VTR's 2.1%
VTR carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta 0.01, yield 2.1%
- Rev growth 18.5%, EPS growth 184.2%, 3Y rev CAGR 12.2%
- 66.5% 10Y total return vs HR's 41.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 18.5% FFO/revenue growth vs HR's -6.9% | |
| Value | Better valuation composite | |
| Quality / Margins | 4.2% margin vs HR's -17.5% | |
| Stability / Safety | Beta 0.01 vs HR's 0.13 | |
| Dividends | 5.5% yield, vs VTR's 2.1% | |
| Momentum (1Y) | +40.0% vs VTR's +34.6% | |
| Efficiency (ROA) | 1.0% ROA vs HR's -2.1%, ROIC 2.5% vs 0.7% |
HR vs VTR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
HR vs VTR — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
VTR leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
VTR is the larger business by revenue, generating $6.1B annually — 5.3x HR's $1.1B. VTR is the more profitable business, keeping 4.2% of every revenue dollar as net income compared to HR's -17.5%. On growth, VTR holds the edge at +22.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $1.1B | $6.1B |
| EBITDAEarnings before interest/tax | $767M | $2.3B |
| Net IncomeAfter-tax profit | -$201M | $260M |
| Free Cash FlowCash after capex | $201M | $1.4B |
| Gross MarginGross profit ÷ Revenue | -9.7% | -4.3% |
| Operating MarginEBIT ÷ Revenue | +19.5% | +13.4% |
| Net MarginNet income ÷ Revenue | -17.5% | +4.2% |
| FCF MarginFCF ÷ Revenue | +17.5% | +22.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | -10.5% | +22.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +99.8% | 0.0% |
Valuation Metrics
HR leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, HR's 17.0x EV/EBITDA is more attractive than VTR's 24.3x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $7.1B | $41.2B |
| Enterprise ValueMkt cap + debt − cash | $11.2B | $53.7B |
| Trailing P/EPrice ÷ TTM EPS | -28.51x | 160.41x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 118.12x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 16.97x | 24.33x |
| Price / SalesMarket cap ÷ Revenue | 5.98x | 7.06x |
| Price / BookPrice ÷ Book value/share | 1.51x | 3.18x |
| Price / FCFMarket cap ÷ FCF | 55.62x | 31.28x |
Profitability & Efficiency
VTR leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
VTR delivers a 2.1% return on equity — every $100 of shareholder capital generates $2 in annual profit, vs $-4 for HR. HR carries lower financial leverage with a 0.89x debt-to-equity ratio, signaling a more conservative balance sheet compared to VTR's 1.05x. On the Piotroski fundamental quality scale (0–9), HR scores 7/9 vs VTR's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -4.3% | +2.1% |
| ROA (TTM)Return on assets | -2.1% | +1.0% |
| ROICReturn on invested capital | +0.7% | +2.5% |
| ROCEReturn on capital employed | +1.0% | +3.2% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 6 |
| Debt / EquityFinancial leverage | 0.89x | 1.05x |
| Net DebtTotal debt minus cash | $4.1B | $12.5B |
| Cash & Equiv.Liquid assets | $26M | $741M |
| Total DebtShort + long-term debt | $4.1B | $13.2B |
| Interest CoverageEBIT ÷ Interest expense | -0.21x | 1.40x |
Total Returns (Dividends Reinvested)
VTR leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in VTR five years ago would be worth $17,739 today (with dividends reinvested), compared to $10,380 for HR. Over the past 12 months, HR leads with a +40.0% total return vs VTR's +34.6%. The 3-year compound annual growth rate (CAGR) favors VTR at 24.8% vs HR's 5.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +20.8% | +12.7% |
| 1-Year ReturnPast 12 months | +40.0% | +34.6% |
| 3-Year ReturnCumulative with dividends | +18.7% | +94.4% |
| 5-Year ReturnCumulative with dividends | +3.8% | +77.4% |
| 10-Year ReturnCumulative with dividends | +41.5% | +66.5% |
| CAGR (3Y)Annualised 3-year return | +5.9% | +24.8% |
Risk & Volatility
Evenly matched — HR and VTR each lead in 1 of 2 comparable metrics.
Risk & Volatility
VTR is the less volatile stock with a 0.01 beta — it tends to amplify market swings less than HR's 0.13 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.13x | 0.01x |
| 52-Week HighHighest price in past year | $20.46 | $88.50 |
| 52-Week LowLowest price in past year | $14.09 | $61.76 |
| % of 52W HighCurrent price vs 52-week peak | +98.9% | +97.9% |
| RSI (14)Momentum oscillator 0–100 | 75.1 | 57.0 |
| Avg Volume (50D)Average daily shares traded | 3.5M | 3.4M |
Analyst Outlook
Evenly matched — HR and VTR each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates HR as "Hold" and VTR as "Buy". Consensus price targets imply 4.8% upside for VTR (target: $91) vs -4.5% for HR (target: $19). For income investors, HR offers the higher dividend yield at 5.46% vs VTR's 2.15%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $19.33 | $90.80 |
| # AnalystsCovering analysts | 29 | 32 |
| Dividend YieldAnnual dividend ÷ price | +5.5% | +2.1% |
| Dividend StreakConsecutive years of raises | 0 | 1 |
| Dividend / ShareAnnual DPS | $1.11 | $1.86 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | 0.0% |
VTR leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). HR leads in 1 (Valuation Metrics). 2 tied.
HR vs VTR: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is HR or VTR a better buy right now?
For growth investors, Ventas, Inc.
(VTR) is the stronger pick with 18. 5% revenue growth year-over-year, versus -6. 9% for Healthcare Realty Trust Incorporated (HR). Ventas, Inc. (VTR) offers the better valuation at 160. 4x trailing P/E (118. 1x forward), making it the more compelling value choice. Analysts rate Ventas, Inc. (VTR) a "Buy" — based on 32 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — HR or VTR?
Over the past 5 years, Ventas, Inc.
(VTR) delivered a total return of +77. 4%, compared to +3. 8% for Healthcare Realty Trust Incorporated (HR). Over 10 years, the gap is even starker: VTR returned +66. 5% versus HR's +41. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — HR or VTR?
By beta (market sensitivity over 5 years), Ventas, Inc.
(VTR) is the lower-risk stock at 0. 01β versus Healthcare Realty Trust Incorporated's 0. 13β — meaning HR is approximately 1306% more volatile than VTR relative to the S&P 500. On balance sheet safety, Healthcare Realty Trust Incorporated (HR) carries a lower debt/equity ratio of 89% versus 105% for Ventas, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — HR or VTR?
By revenue growth (latest reported year), Ventas, Inc.
(VTR) is pulling ahead at 18. 5% versus -6. 9% for Healthcare Realty Trust Incorporated (HR). On earnings-per-share growth, the picture is similar: Ventas, Inc. grew EPS 184. 2% year-over-year, compared to 60. 8% for Healthcare Realty Trust Incorporated. Over a 3-year CAGR, VTR leads at 12. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — HR or VTR?
Ventas, Inc.
(VTR) is the more profitable company, earning 4. 3% net margin versus -20. 8% for Healthcare Realty Trust Incorporated — meaning it keeps 4. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: VTR leads at 14. 2% versus 8. 0% for HR. At the gross margin level — before operating expenses — VTR leads at -5. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is HR or VTR more undervalued right now?
Analyst consensus price targets imply the most upside for VTR: 4.
8% to $90. 80.
07Which pays a better dividend — HR or VTR?
All stocks in this comparison pay dividends.
Healthcare Realty Trust Incorporated (HR) offers the highest yield at 5. 5%, versus 2. 1% for Ventas, Inc. (VTR).
08Is HR or VTR better for a retirement portfolio?
For long-horizon retirement investors, Ventas, Inc.
(VTR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 01), 2. 1% yield). Both have compounded well over 10 years (VTR: +66. 5%, HR: +41. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between HR and VTR?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: HR is a small-cap income-oriented stock; VTR is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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