Omega Healthcare Investors Inc
NYSE: OHI · REAL ESTATE · REIT - HEALTHCARE FACILITIES
Updated 2026-06-12
Omega Healthcare Investors Inc (OHI) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $62.81M | $84.54M | $89.33M | $147.22M | $157.56M | $169.77M | $208.27M | $279.95M | $337.54M | $463.88M | $625.79M | $577.91M | $499.37M | $553.75M | $708.26M | $722.14M | $625.73M | $626.54M | $749.43M | $878.55M |
| Capital expenditures | $185.71M | $48.05M | $130.22M | $182.71M | $379.20M | $106.30M | $426.06M | $63.86M | $149.61M | $164.23M | $68.98M | $86.69M | $139.44M | $139.68M | $75.11M | $95.06M | $247.12M | $38.01M | $37.76M | $716.62M |
| Depreciation | $32.26M | $36.06M | $39.89M | $44.69M | $84.62M | $100.34M | $112.98M | $128.65M | $123.26M | $210.70M | $267.06M | $287.59M | $281.28M | $301.68M | $329.92M | $342.01M | $332.41M | $319.68M | $304.65M | $325.25M |
| Stock-based comp | — | — | — | — | — | $6.04M | $5.94M | $5.94M | $8.59M | $11.13M | $13.79M | $15.21M | $15.99M | $15.36M | $18.82M | $21.41M | $27.30M | $35.07M | $36.70M | $44.19M |
| Free cash flow | $-122.90M | $36.49M | $-40.89M | $-35.48M | $-221.64M | $63.47M | $-217.79M | $216.09M | $187.93M | $299.66M | $556.81M | $491.22M | $359.93M | $414.07M | $633.14M | $627.07M | $378.61M | $588.53M | $711.67M | $161.93M |
| Investing cash flow | $-161.35M | $-29.91M | $-187.10M | $-209.00M | $-394.81M | $-257.64M | $-390.70M | $-598.83M | $-547.95M | $-397.41M | $-1.11B | $-285.13M | $-173.22M | $-378.95M | $-89.06M | $-524.17M | $442.85M | $-9.78M | $-671.16M | $-539.79M |
| Financing cash flow | $95.33M | $-53.39M | $96.00M | $63.74M | $242.00M | $81.30M | $183.79M | $319.79M | $212.28M | $-65.32M | $576.30M | $-303.81M | $-410.70M | $-153.96M | $-485.55M | $-341.12M | $-789.45M | $-473.31M | $26.32M | $-838.26M |
| Dividends paid | $66.87M | $81.26M | $98.06M | $109.23M | $138.88M | $161.89M | $182.19M | $218.12M | $258.50M | $358.23M | $453.15M | $502.60M | $528.70M | $564.13M | $612.31M | $637.65M | $632.89M | $643.87M | $685.45M | $780.39M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | $4.75M | $-6.57M | $1.36M | $905000.00 | $1.87M | $1.16M | $88.26M | $-11.04M | $-84.55M | $20.84M | $133.65M | $-143.15M | $279.13M | — | — | — |
Frequently asked questions
What is Omega Healthcare Investors Inc's revenue?
Omega Healthcare Investors Inc's trailing twelve-month revenue is $1.23B, and consensus projects about $1.62B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is OHI?
In its most recent fiscal year, OHI ran a gross margin of 44.50%, an operating margin of 62.55%, and a net margin of 49.25%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does OHI generate?
OHI produced $161.93M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is OHI's balance sheet healthy?
OHI holds $27.02M in cash and equivalents against $4.26B in long-term debt, on $5.18B of shareholder equity. That debt is best read against the cash flow the business throws off each year.