Diversified Healthcare Trust DHC R2K
Diversified Healthcare Trust is a real estate investment trust focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum by care delivery and practice type, by scientific research disciplines and by property type and location. As of March 31, 2026, DHC's approximately 6.2 billion dollars portfolio included 285 properties in 33 states and Washington, D.C., with 23,901 senior living units, approximately 5.6 million square feet of medical office and life science properties and occupied by approximately 250 tenants. DHC is managed by The RMR Group, a leading U.S. alternative asset management company with over 37 billion dollars in assets under management as of March 31, 2026 and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquarters in Newton, MA. Diversified Healthcare Trust was incorporated in 1998 in Maryland.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Earnings shrank at -570.8% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | DHC Diversified Healthcare Trust R2K | 8.32 | - | $2.01B | 0.48% | -2.70% | -17.94% | 6.21% | -570.80% |
| 2 | WELL Welltower Inc. SPX | 205.33 | 99.19 | $144.95B | 1.44% | 0.26% | 3.67% | 22.69% | 87.90% |
| 3 | PLD Prologis, Inc. SPX | 143.47 | 36.14 | $133.76B | 2.98% | 4.94% | 6.84% | 13.74% | -0.36% |
| 4 | EQIX Equinix, Inc. SPX | 1,068.04 | 74.07 | $105.33B | 1.84% | 5.61% | 10.06% | 8.27% | 24.18% |
| 5 | AMT American Tower Corporation SPX | 186.96 | 30.11 | $87.10B | 3.73% | 7.82% | 29.95% | 3.34% | 12.73% |
| 6 | SPG Simon Property Group, Inc. SPX | 204.91 | 14.25 | $77.86B | 4.29% | 17.44% | 113.59% | 6.35% | 29.32% |
| 7 | DLR Digital Realty Trust, Inc. SPX | 190.00 | 50.53 | $67.96B | 2.57% | 3.99% | 5.69% | 9.22% | 51.32% |
| 8 | O Realty Income Corporation SPX | 61.28 | 50.23 | $57.14B | 5.30% | 3.27% | 2.83% | 19.80% | 6.78% |
| 9 | PSA Public Storage SPX | 303.69 | 31.34 | $53.31B | 3.95% | 10.69% | 20.18% | 4.88% | -25.69% |
Quarterly Results
Figures in USD.
| Metric | Sep 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | 264.52M | 264.99M | 266.67M | 278.54M | 275.77M | 277.20M | 278.97M | 285.22M | 266.29M | 262.00M | 255.83M | 256.04M | 442.47M | 410.31M | 394.34M | 362.72M | 346.34M | 337.42M | 310.73M | 313.03M | 322.92M | 346.03M | 346.22M | 356.52M | 370.78M | 371.39M | - | - | 386.86M | 382.71M | 388.71M | 379.57M | 366.47M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 314.33M | 312.58M | 325.39M | 307.05M | 290.56M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 72.54M | 70.13M | 63.32M | 72.52M | 75.92M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 77.33M | 77.44M | 78.11M | 74.54M | 76.95M |
| Operating Income | 73.69M | 77.34M | 75.01M | 77.37M | 70.51M | 75.42M | 70.78M | 74.95M | 64.55M | 75.46M | - | 72.19M | 65.15M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -4.79M | -7.31M | -14.79M | -2.02M | -1.04M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 115.76M | 23.34M | -53.77M | 61.08M | 57.24M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 57.83M | 50.93M | 49.66M | 46.85M | 37.05M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -10.42M | -93.88M | -168.79M | -47.81M | -42.75M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 49.00K | 843.00K | 337.00K | 514.00K | 622.00K |
| Net Income | - | - | 36.39M | 38.25M | 31.27M | 39.23M | 27.90M | 32.16M | 16.04M | 34.41M | 65.00M | 236.02M | 123.59M | 45.80M | -118.54M | 30.08M | -37.23M | -29.39M | -51.70M | 9.73M | -26.07M | -106.89M | -67.50M | -34.22M | -89.34M | 240.42M | -109.38M | -81.49M | -52.66M | -72.57M | -65.78M | -86.26M | -97.86M | - | - | -8.99M | -91.64M | -164.04M | -21.22M | -43.27M |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.11 | -0.45 | -0.28 | -0.14 | -0.38 | 1.01 | -0.46 | -0.34 | -0.22 | -0.30 | -0.28 | -0.36 | -0.41 | -0.41 | - | -0.04 | -0.38 | -0.68 | - | -0.18 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 1.06B | 1.07B | 1.12B | 1.04B | 1.63B | - | 1.28B | 1.41B | 1.50B | 1.54B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11B | 1.17B | 1.24B | 1.26B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 174.50M | 236.16M | 258.88M | 278.51M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 265.71M | 310.21M | 311.48M | 307.43M |
| Operating Income | 152.71M | 165.23M | 198.28M | 223.40M | 254.08M | 264.51M | 291.39M | 313.53M | 303.08M | 275.20M | - | - | - | - | -91.22M | -74.06M | -52.59M | -28.91M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 427.79M | 203.19M | 148.92M | 145.63M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 209.38M | 191.78M | 235.24M | 204.50M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -21.12M | -272.67M | -371.38M | -320.90M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 710.00K | 445.00K | 467.00K | 1.74M |
| Net Income | - | - | - | - | - | - | 158.64M | 123.97M | 141.29M | 147.61M | 286.87M | -88.23M | -139.45M | - | -15.77M | -293.57M | -370.25M | -285.89M |
| Diluted EPS | 1.01 | 0.90 | 0.91 | - | - | - | - | - | - | - | - | -0.37 | -0.59 | - | -0.07 | -1.23 | -1.55 | -1.19 |
Compounded Sales Growth
| 5 Years: | 6.21% |
| 1 Year: | -5.30% |
Compounded Profit Growth
| 5 Years: | -570.80% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +168.04% |
| 6 Months: | +76.08% |
| 3 Months: | +23.24% |
| 1 Month: | +9.91% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Jun 2023 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 2.99B | 3.39B | 4.38B | 4.75B | 4.76B | 5.94B | 7.16B | 7.23B | 7.29B | 7.16B | 6.65B | 6.48B | - | 6.00B | - | 5.45B | 5.14B | 4.36B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 697.40M | - | 262.49M | 430.18M | 148.86M |
| Cash & Equivalents | 43.52M | 5.99M | 10.49M | 10.87M | 23.56M | 42.38M | 39.23M | 27.59M | 37.66M | 31.75M | 31.24M | 54.98M | 37.36M | 74.42M | - | 658.07M | 338.43M | 245.94M | 144.58M | 105.41M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.72M | - | 6.08M | 4.06M | 3.97M |
| Total Liabilities | - | - | 1.09B | 1.26B | 1.91B | 2.10B | 1.99B | 3.02B | 3.80B | 4.03B | 4.02B | 3.98B | 3.78B | 3.86B | - | 3.36B | - | 3.11B | 3.18B | 2.70B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 734.62M | - | 29.94M | 38.10M | 56.81M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | 3.68B | - | - | - | 2.35B | - | 2.82B | 2.91B | 2.40B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.05B | - | 2.82B | 2.91B | 2.40B |
| Total Equity | - | 1.73B | 1.90B | 2.13B | 2.47B | 2.65B | 2.78B | 2.95B | 3.36B | 3.20B | 3.10B | 3.02B | 2.74B | 2.50B | - | 2.64B | - | 2.34B | 1.96B | 1.67B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 239.69M | - | 240.42M | 241.27M | 242.12M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 184.46M | 209.39M | 215.31M | 254.24M | 283.30M | 306.70M | 350.90M | 405.52M | 424.48M | 419.30M | 392.84M | 265.85M | 158.54M | - | -40.35M | 10.48M | 112.22M | -19.62M |
| Investing Cash Flow | -841.57M | -556.80M | -466.07M | -840.76M | -327.86M | -153.02M | -1.26B | -1.21B | -292.87M | -221.44M | 99.09M | 86.17M | -40.44M | - | 387.71M | -202.11M | -187.02M | 483.57M |
| Financing Cash Flow | 619.58M | 351.91M | 251.13M | 599.22M | 63.38M | -156.83M | 901.48M | 817.64M | -139.84M | -186.13M | -469.18M | -369.86M | -79.48M | - | -676.00M | -249.71M | -22.31M | -492.01M |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -40.35M | 10.48M | 112.22M | -19.62M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -328.64M | -441.34M | -97.11M | -28.05M |
| Share Buybacks | - | - | - | - | - | - | 0 | 212.00K | 452.00K | 341.00K | 411.00K | 299.00K | 171.00K | 383.00K | 171.00K | 393.00K | 904.00K | 1.15M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.6% | 16.7% | 17.3% | 18.1% |
| Operating Margin % | - | - | - | - | - | - | - | - | 28.6% | 25.6% | - | - | - | - | -7.1% | -5.3% | -3.5% | -1.9% |
| Net Margin % | - | - | - | - | - | - | - | - | 13.4% | 13.7% | 25.7% | -8.5% | -8.5% | - | -1.2% | -20.8% | -24.8% | -18.6% |
| ROE % | - | - | - | - | - | - | 5.4% | 3.7% | 4.4% | 4.8% | 9.5% | -3.2% | -5.6% | - | -0.6% | -12.6% | -18.9% | -17.2% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.7% | -1.4% | -1.0% | -0.7% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 9.86% | 23.88M | $198.67M |
| 2 | Flat Footed LLC | 9.70% | 23.49M | $195.41M |
| 3 | Silver Point Capital L.p. | 6.40% | 15.50M | $129.00M |
| 4 | H/2 Credit Manager, LP | 6.16% | 14.92M | $124.11M |
| 5 | Vanguard Capital Management LLC | 3.97% | 9.60M | $79.87M |
| 6 | State Street Corporation | 3.71% | 8.99M | $74.77M |
| 7 | Vanguard Portfolio Management LLC | 3.64% | 8.82M | $73.36M |
| 8 | Nomura Holdings Inc. | 3.03% | 7.33M | $61.00M |
| 9 | Geode Capital Management, LLC | 2.73% | 6.61M | $54.98M |
| 10 | Davidson Kempner Capital Management LP | 2.58% | 6.25M | $51.98M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for DHC