Comprehensive Stock Comparison
Compare National Health Investors, Inc. (NHI) vs Omega Healthcare Investors, Inc. (OHI) vs CareTrust REIT, Inc. (CTRE) vs Sabra Health Care REIT, Inc. (SBRA) vs LTC Properties, Inc. (LTC) Stock
Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.
Selected Stocks
Add up to 10 tickers. Use presets or search to get started.
Quick Verdict
| Category | Winner | Why |
|---|---|---|
| Growth | CTRE | 108.7% revenue growth vs SBRA's 10.2% |
| Value | LTC | Lower P/E (20.4x vs 29.3x) |
| Quality / Margins | NHI | 380.5% net margin vs SBRA's 20.0% |
| Stability / Safety | SBRA | Beta 0.05 vs CTRE's 0.17 |
| Dividends | CTRE | 3.1% yield, 2-year raise streak, vs OHI's 5.3% |
| Momentum (1Y) | CTRE | +62.2% vs LTC's +20.3% |
| Efficiency (ROA) | NHI | 47.0% ROA vs SBRA's 2.8% |
Who Each Stock Is For
Income & stability
Growth exposure
Long-term compounding (10Y)
Sleep-well-at-night portfolio
Valuation efficiency (growth/$)
Defensive / Recession hedge
Business Model
What each company does and how it makes money
National Health Investors is a healthcare-focused real estate investment trust that owns and finances senior housing and medical properties through sale-leaseback transactions and joint ventures. It generates revenue primarily from rental income — about 90% from senior housing and 10% from medical facilities — with long-term triple-net leases that pass operating expenses to tenants. The company's competitive advantage lies in its specialized healthcare real estate expertise and relationships with established operators in the senior living sector.
Omega Healthcare Investors is a real estate investment trust that owns and leases skilled nursing and assisted living facilities to healthcare operators. It generates revenue primarily through triple-net leases — where tenants pay rent plus property expenses — with skilled nursing facilities representing the majority of its portfolio. The company's moat lies in its specialized healthcare real estate expertise and diversified portfolio of essential healthcare properties across the US and UK.
CareTrust REIT is a healthcare-focused real estate investment trust that owns and leases skilled nursing facilities, senior housing, and other medical properties across the United States. It generates revenue primarily through long-term triple-net leases—where tenants pay rent plus property expenses—with skilled nursing facilities representing its largest segment. The company's competitive advantage lies in its specialized healthcare real estate expertise and relationships with quality operators in a fragmented industry.
Sabra Health Care REIT is a real estate investment trust that owns and leases healthcare properties—primarily skilled nursing facilities and senior housing communities—to operators across the U.S. and Canada. It generates revenue almost entirely from rental income collected under long-term triple-net leases, where tenants cover most property expenses. Its competitive advantage lies in its specialized healthcare real estate portfolio and long-term relationships with established operators in a fragmented industry.
LTC Properties is a real estate investment trust that invests in seniors housing and healthcare properties across the United States. It generates revenue primarily through rental income from its portfolio of skilled nursing facilities and senior living communities — roughly split 50/50 between the two segments — along with mortgage interest and structured finance returns. The company's competitive advantage lies in its specialized focus on healthcare real estate and its long-term relationships with experienced operators in the seniors housing sector.
Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Financial Metrics Comparison
Side-by-side fundamentals across 5 stocks. BestLagging
Financial Scorecard
LTC leads in 1 of 6 categories (Valuation Metrics). NHI leads in 1 (Profitability & Efficiency). 3 tied.
Financial Metrics (TTM)
NHI is the larger business by revenue, generating $37.3B annually — 142.0x LTC's $263M. Profitability is closely matched — net margins range from 3.8% (NHI) to 20.0% (SBRA). On growth, NHI holds the edge at +431.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | NHINational Health I… | OHIOmega Healthcare … | CTRECareTrust REIT, I… | SBRASabra Health Care… | LTCLTC Properties, I… |
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $37.3B | $1.2B | $324M | $775M | $263M |
| EBITDAEarnings before interest/tax | $81.2B | $1.0B | $262M | $412M | $247M |
| Net IncomeAfter-tax profit | $142.0B | $597M | $261M | $155M | $118M |
| Free Cash FlowCash after capex | $163M | $629M | $334M | $261M | $98M |
| Gross MarginGross profit ÷ Revenue | +0.9% | +72.3% | +96.6% | +48.0% | +79.4% |
| Operating MarginEBIT ÷ Revenue | +0.5% | +60.2% | +55.7% | +25.7% | +79.4% |
| Net MarginNet income ÷ Revenue | +3.8% | +50.2% | +80.6% | +20.0% | +44.9% |
| FCF MarginFCF ÷ Revenue | +0.4% | +52.9% | +103.2% | +33.7% | +37.3% |
| Rev. Growth (YoY)Latest quarter vs prior year | +431.0% | +14.3% | +82.4% | +16.2% | +60.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -15.8% | +34.1% | +66.7% | -100.0% | +4.6% |
Valuation Metrics
At 15.7x trailing earnings, LTC trades at a 49% valuation discount to OHI's 31.1x P/E. Adjusting for growth (PEG ratio), CTRE offers better value at 1.22x vs OHI's 187.73x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | NHINational Health I… | OHIOmega Healthcare … | CTRECareTrust REIT, I… | SBRASabra Health Care… | LTCLTC Properties, I… |
|---|---|---|---|---|---|
| Market CapShares × price | $4.1B | $13.5B | $9.0B | $5.2B | $1.9B |
| Enterprise ValueMkt cap + debt − cash | -$15.6B | $17.8B | $8.8B | $6.4B | $2.6B |
| Trailing P/EPrice ÷ TTM EPS | 27.84x | 31.14x | 25.87x | — | 15.75x |
| Forward P/EPrice ÷ next-FY EPS est. | 25.54x | 24.31x | 27.11x | 29.34x | 20.44x |
| PEG RatioP/E ÷ EPS growth rate | — | 187.73x | 1.22x | — | 25.13x |
| EV / EBITDAEnterprise value multiple | -0.19x | 18.45x | 15.72x | 18.68x | 10.35x |
| Price / SalesMarket cap ÷ Revenue | 10.81x | 12.81x | 18.99x | 6.68x | 7.32x |
| Price / BookPrice ÷ Book value/share | 2.59x | 2.76x | 2.05x | 1.78x | 1.59x |
| Price / FCFMarket cap ÷ FCF | 17.17x | 17.98x | 22.96x | 14.84x | 14.15x |
Profitability & Efficiency
NHI delivers a 92.8% return on equity — every $100 of shareholder capital generates $93 in annual profit, vs $5 for SBRA. SBRA carries lower financial leverage with a 0.45x debt-to-equity ratio, signaling a more conservative balance sheet compared to OHI's 1.02x. On the Piotroski fundamental quality scale (0–9), OHI scores 8/9 vs NHI's 4/9, reflecting strong financial health.
| Metric | NHINational Health I… | OHIOmega Healthcare … | CTRECareTrust REIT, I… | SBRASabra Health Care… | LTCLTC Properties, I… |
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +92.8% | +11.0% | +6.5% | +5.5% | +10.1% |
| ROA (TTM)Return on assets | +47.0% | +6.2% | +5.1% | +2.8% | +5.7% |
| ROICReturn on invested capital | — | +5.7% | +10.1% | — | +8.9% |
| ROCEReturn on capital employed | — | +7.2% | +11.0% | — | +13.9% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 8 | 6 | 6 | 7 |
| Debt / EquityFinancial leverage | — | 1.02x | — | 0.45x | 0.55x |
| Net DebtTotal debt minus cash | -$19.6B | $4.3B | -$198M | $1.2B | $630M |
| Cash & Equiv.Liquid assets | $19.6B | $518M | $198M | $72M | $14M |
| Total DebtShort + long-term debt | $0 | $4.8B | $0 | $1.3B | $644M |
| Interest CoverageEBIT ÷ Interest expense | — | 2.98x | 10.76x | — | 5.91x |
Total Returns (with DRIP)
A $10,000 investment in CTRE five years ago would be worth $20,333 today (with dividends reinvested), compared to $12,365 for LTC. Over the past 12 months, CTRE leads with a +62.2% total return vs LTC's +20.3%. The 3-year compound annual growth rate (CAGR) favors CTRE at 31.0% vs LTC's 9.1% — a key indicator of consistent wealth creation.
| Metric | NHINational Health I… | OHIOmega Healthcare … | CTRECareTrust REIT, I… | SBRASabra Health Care… | LTCLTC Properties, I… |
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +9.4% | +9.9% | +11.9% | +8.9% | +15.6% |
| 1-Year ReturnPast 12 months | +22.4% | +38.3% | +62.2% | +30.9% | +20.3% |
| 3-Year ReturnCumulative with dividends | +72.6% | +110.2% | +124.9% | +102.8% | +29.9% |
| 5-Year ReturnCumulative with dividends | +48.3% | +63.0% | +103.3% | +51.2% | +23.7% |
| 10-Year ReturnCumulative with dividends | +94.4% | +132.8% | +343.7% | +76.5% | +40.4% |
| CAGR (3Y)Annualised 3-year return | +19.9% | +28.1% | +31.0% | +26.6% | +9.1% |
Risk & Volatility
SBRA is the less volatile stock with a 0.05 beta — it tends to amplify market swings less than CTRE's 0.17 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. OHI currently trades 98.2% from its 52-week high vs NHI's 92.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | NHINational Health I… | OHIOmega Healthcare … | CTRECareTrust REIT, I… | SBRASabra Health Care… | LTCLTC Properties, I… |
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.16x | 0.10x | 0.17x | 0.05x | 0.13x |
| 52-Week HighHighest price in past year | $91.05 | $49.14 | $41.72 | $21.07 | $40.80 |
| 52-Week LowLowest price in past year | $66.41 | $35.04 | $25.48 | $15.75 | $31.70 |
| % of 52W HighCurrent price vs 52-week peak | +92.3% | +98.2% | +97.4% | +97.5% | +97.3% |
| RSI (14)Momentum oscillator 0–100 | 60.3 | 68.6 | 69.8 | 69.8 | 72.3 |
| Avg Volume (50D)Average daily shares traded | 182K | 1.6M | 1.5M | 2.2M | 343K |
Analyst Outlook
Analyst consensus: NHI as "Hold", OHI as "Hold", CTRE as "Buy", SBRA as "Hold", LTC as "Hold". Consensus price targets imply 3.8% upside for SBRA (target: $21) vs -6.8% for LTC (target: $37). For income investors, SBRA offers the higher dividend yield at 5.76% vs CTRE's 3.13%.
| Metric | NHINational Health I… | OHIOmega Healthcare … | CTRECareTrust REIT, I… | SBRASabra Health Care… | LTCLTC Properties, I… |
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold | Buy | Hold | Hold |
| Price TargetConsensus 12-month target | $85.20 | $49.14 | $42.11 | $21.33 | $37.00 |
| # AnalystsCovering analysts | 18 | 28 | 19 | 29 | 22 |
| Dividend YieldAnnual dividend ÷ price | — | +5.3% | +3.1% | +5.8% | — |
| Dividend StreakConsecutive years of raises | 0 | 0 | 2 | 0 | 0 |
| Dividend / ShareAnnual DPS | — | $2.53 | $1.27 | $1.18 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Historical Charts
Charts are rendered on first load. Hover for details.
Chart 1Total Return — 5 Years (Rebased to 100)
| Stock | Mar 20 | Feb 26 | Change |
|---|---|---|---|
| National Health Inv… (NHI) | 100 | 97.44 | -2.6% |
| Omega Healthcare In… (OHI) | 100 | 109.22 | +9.2% |
| CareTrust REIT, Inc. (CTRE) | 100 | 171.58 | +71.6% |
| Sabra Health Care R… (SBRA) | 100 | 93.74 | -6.3% |
| LTC Properties, Inc. (LTC) | 100 | 78.58 | -21.4% |
CareTrust REIT, Inc. (CTRE) returned +103% over 5 years vs LTC Properties, Inc. (LTC)'s +24%. A $10,000 investment in CTRE 5 years ago would be worth $20,333 today (including dividends reinvested).
Chart 2Revenue Growth — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| National Health Inv… (NHI) | $249M | $376M | +51.2% |
| Omega Healthcare In… (OHI) | $901M | $1.1B | +16.7% |
| CareTrust REIT, Inc. (CTRE) | $104M | $476M | +358.3% |
| Sabra Health Care R… (SBRA) | $261M | $775M | +197.3% |
| LTC Properties, Inc. (LTC) | $162M | $263M | +62.7% |
National Health Investors, Inc.'s revenue grew from $249M (2016) to $376M (2025) — a 4.7% CAGR.
Chart 3Net Margin Trend — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| National Health Inv… (NHI) | 61.0% | 378.0% | +519.8% |
| Omega Healthcare In… (OHI) | 40.7% | 38.6% | -5.0% |
| CareTrust REIT, Inc. (CTRE) | 28.2% | 67.3% | +138.3% |
| Sabra Health Care R… (SBRA) | 27.0% | 20.0% | -25.7% |
| LTC Properties, Inc. (LTC) | 52.7% | 44.9% | -14.8% |
National Health Investors, Inc.'s net margin went from 61% (2016) to 378% (2025).
Chart 4P/E Ratio History — 9 Years
| Stock | 2017 | 2025 | Change |
|---|---|---|---|
| National Health Inv… (NHI) | 19.5 | 25.3 | +29.7% |
| Omega Healthcare In… (OHI) | 54 | 24.4 | -54.8% |
| CareTrust REIT, Inc. (CTRE) | 46.6 | 23 | -50.6% |
| Sabra Health Care R… (SBRA) | 13.4 | 32.1 | +139.6% |
| LTC Properties, Inc. (LTC) | 19.8 | 13.6 | -31.3% |
National Health Investors, Inc. has traded in a 18x–102x P/E range over 9 years; current trailing P/E is ~28x. Omega Healthcare Investors, Inc. has traded in a 16x–54x P/E range over 8 years; current trailing P/E is ~31x.
Chart 5EPS Growth — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| National Health Inv… (NHI) | 3.87 | 3.02 | -22.0% |
| Omega Healthcare In… (OHI) | 1.9 | 1.55 | -18.4% |
| CareTrust REIT, Inc. (CTRE) | 0.52 | 1.57 | +201.9% |
| Sabra Health Care R… (SBRA) | 0.92 | 0 | -100.0% |
| LTC Properties, Inc. (LTC) | 2.21 | 2.52 | +14.0% |
National Health Investors, Inc.'s EPS grew from $3.87 (2016) to $3.02 (2025) — a -3% CAGR.
Chart 6Free Cash Flow — 5 Years
National Health Investors, Inc. generated $237M FCF in 2025 (+12% vs 2021). Omega Healthcare Investors, Inc. generated $749M FCF in 2024 (+20% vs 2021).
NHI vs OHI vs CTRE vs SBRA vs LTC: Key Questions Answered
9 questions · data-driven answers · updated daily
01Is NHI or OHI or CTRE or SBRA or LTC a better buy right now?
LTC Properties, Inc. (LTC) offers the better valuation at 15.7x trailing P/E (20.4x forward), making it the more compelling value choice. Analysts rate CareTrust REIT, Inc. (CTRE) a "Buy" — based on 19 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 has the better valuation — NHI or OHI or CTRE or SBRA or LTC?
On trailing P/E, LTC Properties, Inc. (LTC) is the cheapest at 15.7x versus Omega Healthcare Investors, Inc. at 31.1x. On forward P/E, LTC Properties, Inc. is actually cheaper at 20.4x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: CareTrust REIT, Inc. wins at 1.28x versus Omega Healthcare Investors, Inc.'s 187.73x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — NHI or OHI or CTRE or SBRA or LTC?
Over the past 5 years, CareTrust REIT, Inc. (CTRE) delivered a total return of +103.3%, compared to +23.7% for LTC Properties, Inc. (LTC). A $10,000 investment in CTRE five years ago would be worth approximately $20K today (assuming dividends reinvested). Over 10 years, the gap is even starker: CTRE returned +343.7% versus LTC's +40.4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — NHI or OHI or CTRE or SBRA or LTC?
By beta (market sensitivity over 5 years), Sabra Health Care REIT, Inc. (SBRA) is the lower-risk stock at 0.05β versus CareTrust REIT, Inc.'s 0.17β — meaning CTRE is approximately 256% more volatile than SBRA relative to the S&P 500. On balance sheet safety, Sabra Health Care REIT, Inc. (SBRA) carries a lower debt/equity ratio of 45% versus 102% for Omega Healthcare Investors, Inc. — giving it more financial flexibility in a downturn.
05Which has better profit margins — NHI or OHI or CTRE or SBRA or LTC?
National Health Investors, Inc. (NHI) is the more profitable company, earning 378.0% net margin versus 20.0% for Sabra Health Care REIT, Inc. — meaning it keeps 378.0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CTRE leads at 98.7% versus 0.5% for NHI. At the gross margin level — before operating expenses — CTRE leads at 98.9%, 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 NHI or OHI or CTRE or SBRA or LTC more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential. By this metric, CareTrust REIT, Inc. (CTRE) is the more undervalued stock at a PEG of 1.28x versus Omega Healthcare Investors, Inc.'s 187.73x. A PEG below 1.5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, LTC Properties, Inc. (LTC) trades at 20.4x forward P/E versus 29.3x for Sabra Health Care REIT, Inc. — 8.9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SBRA: 3.8% to $21.33.
07Which pays a better dividend — NHI or OHI or CTRE or SBRA or LTC?
In this comparison, SBRA (5.8% yield), OHI (5.3% yield), CTRE (3.1% yield) pay a dividend. NHI, LTC do not pay a meaningful dividend and should not be held primarily for income.
08Is NHI or OHI or CTRE or SBRA or LTC better for a retirement portfolio?
For long-horizon retirement investors, CareTrust REIT, Inc. (CTRE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.17), 3.1% yield, +343.7% 10Y return). Both have compounded well over 10 years (CTRE: +343.7%, LTC: +40.4%), 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 NHI and OHI and CTRE and SBRA and LTC?
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: NHI is a small-cap quality compounder stock; OHI is a mid-cap income-oriented stock; CTRE is a small-cap income-oriented stock; SBRA is a small-cap income-oriented stock; LTC is a small-cap deep-value stock. OHI, CTRE, SBRA pay a dividend while NHI, LTC do not, making them suitable for different income and tax situations. 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.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that beat both.