Omega Healthcare Investors, Inc. (OHI) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
303 INTERNATIONAL CIRCLE, HUNT VALLEY, MD 21030 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 297,103 | 20,534 | 163,535 | 24,117 | 10,300 | 85,937 | |||
| Cash and cash equivalents | 297,103 | 20,534 | 163,535 | 24,117 | 10,300 | 85,937 | |||
| Disposal group, including discontinued operation | 81,452 | 4,922 | 989 | 86,699 | |||||
| Total current assets: | 297,103 | 20,534 | 244,987 | 29,039 | 11,289 | 172,636 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 17,849 | 16,117 | 17,533 | ✕ | ✕ | ||||
| Inventory, real estate | 3,200 | 1,500 | 10,000 | 13,900 | 11,100 | 8,000 | |||
| Property, plant and equipment | 1,423,507 | 1,427,599 | |||||||
| Long-term investments and receivables | 178,920 | 194,687 | 200,638 | 199,884 | 31,045 | 36,516 | |||
| Long-term investments | 178,920 | 194,687 | 200,638 | 199,884 | 31,045 | 36,516 | |||
| Intangible assets, net (including goodwill), including: | 644,596 | 653,033 | 653,677 | 28,013 | 3,207 | 5,534 | |||
| Goodwill | 643,151 | 651,417 | 651,737 | 644,415 | 643,950 | 644,690 | |||
| Intangible assets, net (excluding goodwill) | 1,445 | 1,616 | 1,940 | (21,227) | (19,203) | (17,059) | |||
| Other undisclosed intangible assets, net (including goodwill) | (595,175) | (621,540) | (622,097) | ||||||
| Deferred costs | 92,628 | 49,644 | 16,812 | ||||||
| Total noncurrent assets: | 2,268,072 | 2,292,936 | 864,315 | 351,958 | 94,996 | 66,862 | |||
| Other undisclosed assets | 6,839,988 | 7,325,008 | 8,388,147 | 9,415,127 | 8,484,592 | 8,533,807 | |||
| TOTAL ASSETS: | 9,405,163 | 9,638,478 | 9,497,449 | 9,796,124 | 8,590,877 | 8,773,305 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 8,200 | 10,766 | 11,350 | ||||||
| Deferred income tax liabilities | 8,200 | 10,766 | 11,350 | ✕ | ✕ | ||||
| Total noncurrent liabilities: | 8,200 | 10,766 | 11,350 | ||||||
| Other undisclosed liabilities | 5,601,881 | 5,522,052 | 5,450,076 | 5,448,180 | 4,826,393 | 4,885,047 | |||
| Total liabilities: | 5,601,881 | 5,530,252 | 5,460,842 | 5,459,530 | 4,826,393 | 4,885,047 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 3,609,368 | 3,906,838 | 3,841,876 | 4,135,428 | 3,444,441 | 3,555,091 | |||
| Common stock | 23,425 | 23,906 | 23,119 | 22,663 | 20,235 | 19,831 | |||
| Additional paid in capital | 6,314,203 | 6,427,566 | 6,152,887 | 5,992,733 | 5,074,544 | 4,936,302 | |||
| Accumulated other comprehensive income (loss) | 20,325 | (2,200) | (12,768) | (39,858) | (41,652) | (30,150) | |||
| Retained earnings | 3,438,401 | 3,011,474 | 2,594,735 | 2,463,436 | 2,130,511 | 1,839,356 | |||
| Other undisclosed equity, attributable to parent | (6,186,986) | (5,553,908) | (4,916,097) | (4,303,546) | (3,739,197) | (3,210,248) | |||
| Equity, attributable to noncontrolling interest | 193,914 | 201,388 | 194,731 | 201,166 | 320,043 | 333,167 | |||
| Total equity: | 3,803,282 | 4,108,226 | 4,036,607 | 4,336,594 | 3,764,484 | 3,888,258 | |||
| TOTAL LIABILITIES AND EQUITY: | 9,405,163 | 9,638,478 | 9,497,449 | 9,796,124 | 8,590,877 | 8,773,305 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 878,244 | 1,062,809 | 892,381 | 928,830 | 881,682 | 908,385 | ||
| Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | ✕ | ✕ | 767,340 | ✕ | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 908,385 | |
| Operating lease, lease income | 750,208 | 923,677 | 753,427 | 804,076 | ✕ | ✕ | ||
| Net investment income | 123,919 | 136,382 | 134,286 | 119,942 | 110,540 | |||
| Cost of revenue | (76,720) | (34,151) | (6,689) | (14,580) | ||||
| Provision for loan, lease, and other losses | (76,720) | (34,151) | (6,689) | ✕ | ||||
| Financial services costs | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (14,580) | |
| Gross profit: | 878,244 | 986,089 | 858,230 | 928,830 | 874,993 | 893,805 | ||
| Operating expenses | (799,668) | (776,994) | (734,948) | (432,781) | (408,866) | (647,123) | ||
| Other undisclosed operating income | 55,696 | 31,463 | 14,580 | |||||
| Operating income: | 78,576 | 209,095 | 123,282 | 551,745 | 497,590 | 261,262 | ||
| Nonoperating income (expense) | 357,565 | 130,265 | 4,894 | (207,901) | (201,077) | (209,253) | ||
| Other nonoperating income (expense) | 357,565 | 130,265 | 4,894 | (207,901) | ||||
| Interest and debt expense | (389) | (30,763) | (10,100) | (9,564) | (192,462) | (10,195) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 389 | 107,483 | 44,251 | |||||
| Income from continuing operations before equity method investments, income taxes: | 436,141 | 416,080 | 162,327 | 334,280 | 104,051 | 41,814 | ||
| Income (loss) from equity method investments | 7,261 | 16,062 | 6,143 | |||||
| Other undisclosed income from continuing operations before income taxes | 9,564 | 192,462 | 64,107 | |||||
| Income from continuing operations before income taxes: | 443,402 | 432,142 | 168,470 | 343,844 | 296,513 | 105,921 | ||
| Income tax expense | (4,561) | (3,840) | (4,925) | (2,844) | (3,010) | (3,248) | ||
| Income from continuing operations: | 438,841 | 428,302 | 163,545 | 341,000 | 293,503 | 102,673 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | 428,302 | 163,545 | 341,000 | 293,503 | 102,673 | |
| Other undisclosed net income | 10,947 | 381 | ||||||
| Net income attributable to parent: | 438,841 | 428,302 | 163,545 | 351,947 | 293,884 | 102,673 | ||
| Other undisclosed net loss available to common stockholders, basic | (11,914) | (11,563) | (4,218) | (10,824) | (12,306) | (2,254) | ||
| Net income available to common stockholders, basic: | 426,927 | 416,739 | 159,327 | 341,123 | 281,578 | 100,419 | ||
| Other undisclosed net income available to common stockholders, diluted | ||||||||
| Net income available to common stockholders, diluted: | 426,927 | 416,739 | 159,327 | 341,123 | 281,578 | 100,419 | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 438,841 | 428,302 | 163,545 | 351,947 | 293,884 | 102,673 | ||
| Other comprehensive income | 23,179 | |||||||
| Other undisclosed comprehensive income (loss) | 10,847 | 27,849 | 1,751 | (12,001) | 26,965 | |||
| Comprehensive income: | 462,020 | 439,149 | 191,394 | 353,698 | 281,883 | 129,638 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (12,568) | (11,842) | (4,977) | (10,781) | (11,807) | (5,542) | ||
| Comprehensive income, net of tax, attributable to parent: | 449,452 | 427,307 | 186,417 | 342,917 | 270,076 | 124,096 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.