Healthcare Realty Trust Incorporated (HR) vs Welltower Inc. (WELL)

Healthcare Realty Trust Incorporated and Welltower Inc. are both Reit Healthcare Facilities companies. Welltower Inc. is the larger, with a market value of $160.8B against $5.9B — 27.3× the size. Healthcare Realty Trust Incorporated has negative trailing earnings, so its P/E is not meaningful; Welltower Inc. trades at 102×. Welltower Inc. grew revenue faster over the last twelve months: 37.6% against −6.28%. Welltower Inc. has the higher net margin (12.2% vs −7.59%) and the lower return on invested capital (0.54% vs 1.87%). Both pay a dividend; Healthcare Realty Trust Incorporated yields more (5.59% vs 1.36%). Across the 22 metrics below, Healthcare Realty Trust Incorporated leads on 16 and Welltower Inc. on 6.

Valuation

Metric HR WELL Reit Healthcare Facilities median
P/E n/m 101.50 22.66
P/S 5.13 12.59 5.18
P/B 1.38 3.39 1.80
Price to free cash flow 4.16 17.36 17.10
EV/EBITDA 8.86 57.76 15.38
EV/Sales 5.18 13.81 8.25
Earnings yield (1.51%) 0.99% 2.78%
Free cash flow yield 24.04% 5.76% 3.52%

Profitability

Metric HR WELL Reit Healthcare Facilities median
Gross margin 62.09% 39.56% 92.10%
Operating margin 11.29% 4.24% 21.06%
Net margin (7.59%) 12.15% 10.19%
Free cash flow margin 123.42% 72.52% 7.91%
Return on equity (1.90%) 3.71% 4.06%
Return on assets (0.90%) 2.47% 2.10%
Return on invested capital 1.87% 0.54% 1.96%

Growth

Metric HR WELL Reit Healthcare Facilities median
Revenue growth (TTM) (6.28%) 37.57% 15.71%
EPS growth (last fiscal year) 60.77% (11.46%) 23.38%
Revenue growth, 5-year CAGR 18.76% 18.67% 9.60%
Net income growth, 5-year CAGR 0.00% (0.87%) 0.00%

Health

Metric HR WELL Reit Healthcare Facilities median
Debt to equity 0.02 0.37 0.84
Current ratio 0.00 3.16 3.05
Net debt to EBITDA 0.07 5.68 5.50

Dividend

Metric HR WELL Reit Healthcare Facilities median
Dividend yield 5.59% 1.36% 5.71%
Payout ratio — 1.41 1.41

Size

Metric HR WELL Reit Healthcare Facilities median
Market cap 5.89b 160.75b 3.99b

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