Omega Healthcare Investors (OHI) FY2024 results: revenue $1.1 billion, up 10.7% on the year
Omega Healthcare Investors Inc. (OHI) reported revenue of $1.1 billion for fiscal 2024, the year ended 31 December 2024, up 10.7% on the year before. Net income was $406 million, up 67.8%, and diluted earnings per share $1.55. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2025.
Revenue
$1.1 billion
+10.7% on the year
FY2017FY2024
Operating margin
38.3%
16.4% a year earlier
FY2017FY2024
Net income
$406 million
+67.8% on the year
FY2017FY2024
Diluted EPS
$1.55
+55.0% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
749
618
626
+21.3%
Capital expenditure
37.8
38.0
47.2
-0.7%
Free cash flow
712
580
579
+22.8%
Free cash flow margin
67.7%
61.0%
65.9%
Cash from investing
-671
-0.8
443
Cash from financing
26.3
-473
-789
Depreciation and amortisation
305
320
332
-4.7%
Share-based compensation
36.7
35.1
27.3
+4.6%
Buybacks
n/a
n/a
142
Dividends paid
685
644
633
+6.5%
Dividend per share
$2.68
$2.68
$2.68
0.0%
Diluted shares, weighted
270m
250m
244m
+8.0%
Shares outstanding at period end
279m
245m
234m
+13.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
4,537
3,575
3,609
+26.9%
Non-controlling interest
194
188
194
+3.4%
Debt
4,839
5,067
5,287
-4.5%
Other liabilities
328
288
315
+14.0%
Total liabilities and equity
9,898
9,117
9,405
+8.6%
Goodwill
644
644
643
-0.0%
Intangible assets
28.1
0.7
1.4
+4,015.0%
Loans
1,428
1,212
1,043
+17.8%
Cash and equivalents
518
443
297
+17.1%
Other assets
7,280
6,818
7,421
+6.8%
Total assets
9,898
9,117
9,405
+8.6%
10-K for the year ended 31 December 2024, filed 13 February 2025: the filing.