Healthcare Realty Trust Incorporated (HR) vs LTC Properties, Inc. (LTC)

Healthcare Realty Trust Incorporated and LTC Properties, Inc. are both Reit Healthcare Facilities companies. Healthcare Realty Trust Incorporated is the larger, with a market value of $6.1B against $2.3B — 2.6× the size. Healthcare Realty Trust Incorporated has negative trailing earnings, so its P/E is not meaningful; LTC Properties, Inc. trades at 15.7×. LTC Properties, Inc. grew revenue faster over the last twelve months: 59.8% against −6.28%. LTC Properties, Inc. has the higher net margin (38.7% vs −7.59%) and the higher return on invested capital (4.16% vs 1.87%). Both pay a dividend; Healthcare Realty Trust Incorporated yields more (7.96% vs 7.44%). Across the 21 metrics below, Healthcare Realty Trust Incorporated leads on 11 and LTC Properties, Inc. on 10.

Valuation

Metric HR LTC Reit Healthcare Facilities median
P/E n/m 15.67 23.53
P/S 5.40 6.40 5.39
P/B 1.45 1.66 1.88
Price to free cash flow 4.37 n/m 17.82
EV/EBITDA 9.31 16.02 15.62
EV/Sales 5.44 8.52 8.52
Earnings yield (1.44%) 6.38% 2.66%
Free cash flow yield 22.87% (14.98%) 3.37%

Profitability

Metric HR LTC Reit Healthcare Facilities median
Gross margin 62.09% 100.00% 92.10%
Operating margin 11.29% 39.78% 21.06%
Net margin (7.59%) 38.73% 10.19%
Free cash flow margin 123.42% (95.93%) 7.91%
Return on equity (1.90%) 11.29% 4.06%
Return on assets (0.90%) 6.78% 2.10%
Return on invested capital 1.87% 4.16% 1.96%

Growth

Metric HR LTC Reit Healthcare Facilities median
Revenue growth (TTM) (6.28%) 59.83% 15.71%
EPS growth (last fiscal year) 60.77% 23.53% —
Revenue growth, 5-year CAGR 18.76% 10.53% 9.60%
Net income growth, 5-year CAGR 0.00% 4.33% 0.00%

Health

Metric HR LTC Reit Healthcare Facilities median
Debt to equity 0.02 0.58 0.84
Current ratio 0.00 8.60 3.05
Net debt to EBITDA 0.07 5.26 5.50

Dividend

Metric HR LTC Reit Healthcare Facilities median
Dividend yield 7.96% 7.44% 7.11%
Payout ratio 3.08 1.34 2.85

Size

Metric HR LTC Reit Healthcare Facilities median
Market cap 6.11b 2.34b 4.18b

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