Essex Property (ESS) vs Omega Healthcare Investors (OHI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Omega Healthcare Investors (OHI) has outperformed Essex Property (ESS) over the past year, gaining 6.6% versus a gain of 2.3%. Over five years, OHI leads with a +39.9% price change compared with -19.5% for ESS. Essex Property is the larger company by market cap ($18.48 billion vs $13.97 billion), about 1.3 times the size, while Omega Healthcare Investors is growing revenue faster (+13.2% vs +6.4%).
On valuation, Omega Healthcare Investors trades at a lower forward P/E (21.6x vs 42.6x for Essex Property). Omega Healthcare Investors offers the higher dividend yield (6.15% vs 3.85%). Omega Healthcare Investors converts more of its revenue into profit, with a net margin of 49.6% versus 37.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ESS | OHI |
|---|---|---|
| Share price | $268.05 | $43.75 |
| Market cap | $18.48B | $13.97B |
| 1-day change | -1.63% | -2.28% |
| YTD return | +2.43% | -1.33% |
| 1-year return | +2.28% | +6.58% |
| 5-year return | -19.53% | +39.91% |
| P/E ratio (TTM) | 41.69 | 15.63 |
| Forward P/E | 42.55 | 21.63 |
| EPS (TTM) | $6.43 | $2.80 |
| Dividend yield | 3.85% | 6.15% |
| Annual dividend | $10.32 | $2.69 |
| Revenue (latest FY) | $1.89B | $1.19B |
| Revenue growth (YoY) | +6.36% | +13.19% |
| Net income (latest FY) | $702.77M | $590.18M |
| Gross margin | 69.89% | — |
| Operating margin | 47.65% | — |
| Net margin | 37.24% | 49.59% |
| 52-week high | $303.35 | $52.39 |
| 52-week low | $238.46 | $39.26 |
| Distance from 52-week high | -11.64% | -16.49% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +13.44% | +18.35% |
| Average volume | 496.81K | 1.94M |
| Shares outstanding | 64.27M | 303.01M |
| Employees | 1,686 | 69 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Essex Property trades at a higher earnings multiple (41.7x vs 15.6x trailing P/E).
- Omega Healthcare Investors offers a meaningfully higher dividend yield (6.15% vs 3.85%).
- Omega Healthcare Investors is more profitable, keeping 49.6 cents of every revenue dollar as net income versus 37.2 cents for Essex Property.
- Omega Healthcare Investors grew revenue faster in its latest fiscal year (+13.19% vs +6.36%).
About Essex Property
ESS stock →Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust. The firm acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets.
Real Estate · Real Estate Investment Trusts · 1,686 employees
About Omega Healthcare Investors
OHI stock →Omega Healthcare Investors, Inc. is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities.
Real Estate · Real Estate Investment Trusts · 69 employees
ESS vs OHI FAQ
Which is bigger, Essex Property or Omega Healthcare Investors?
Essex Property (ESS) is larger, with a market capitalization of $18.48B compared with $13.97B for Omega Healthcare Investors (OHI).
Which stock has performed better over the past year, ESS or OHI?
OHI returned +6.58% over the past 12 months, compared with +2.28% for ESS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ESS or OHI?
OHI has the lower trailing P/E at 15.6, versus 41.7 for ESS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Essex Property or Omega Healthcare Investors?
Omega Healthcare Investors has the higher yield at 6.15%, compared with 3.85% for Essex Property.
Are Essex Property and Omega Healthcare Investors in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.