Diversified Healthcare Trust (DHC) - Net Assets
Based on the latest financial reports, Diversified Healthcare Trust (DHC) has net assets worth $1.58 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.24 Billion) and total liabilities ($2.66 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check DHC strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.58 Billion |
| % of Total Assets | 37.34% |
| Annual Growth Rate | 3.59% |
| 5-Year Change | -37.44% |
| 10-Year Change | -47.94% |
| Growth Volatility | 16.33 |
Diversified Healthcare Trust - Net Assets Trend (1998–2025)
This chart illustrates how Diversified Healthcare Trust's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Diversified Healthcare Trust (DHC) total market value.
Annual Net Assets for Diversified Healthcare Trust (1998–2025)
The table below shows the annual net assets of Diversified Healthcare Trust from 1998 to 2025. Also explore Diversified Healthcare Trust net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.67 Billion | -14.97% |
| 2024-12-31 | $1.96 Billion | -16.18% |
| 2023-12-31 | $2.34 Billion | -11.43% |
| 2022-12-31 | $2.64 Billion | -0.89% |
| 2021-12-31 | $2.66 Billion | +1.65% |
| 2020-12-31 | $2.62 Billion | -8.96% |
| 2019-12-31 | $2.88 Billion | -9.52% |
| 2018-12-31 | $3.18 Billion | -2.97% |
| 2017-12-31 | $3.28 Billion | +2.43% |
| 2016-12-31 | $3.20 Billion | -4.77% |
| 2015-12-31 | $3.36 Billion | +13.80% |
| 2014-12-31 | $2.95 Billion | +6.32% |
| 2013-12-31 | $2.78 Billion | +4.93% |
| 2012-12-31 | $2.65 Billion | +7.04% |
| 2011-12-31 | $2.47 Billion | +16.20% |
| 2010-12-31 | $2.13 Billion | +11.96% |
| 2009-12-31 | $1.90 Billion | +9.78% |
| 2008-12-31 | $1.73 Billion | +38.57% |
| 2007-12-31 | $1.25 Billion | +22.56% |
| 2006-12-31 | $1.02 Billion | +11.06% |
| 2005-12-31 | $917.98 Million | +3.07% |
| 2004-12-31 | $890.67 Million | +22.36% |
| 2003-12-31 | $727.91 Million | -3.25% |
| 2002-12-31 | $752.33 Million | +30.92% |
| 2001-12-31 | $574.62 Million | +36.07% |
| 2000-12-31 | $422.31 Million | +3.15% |
| 1999-12-31 | $409.41 Million | -36.24% |
| 1998-12-31 | $642.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Diversified Healthcare Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 295941300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.42 Million | 0.15% |
| Other Components | $4.62 Billion | 277.54% |
| Total Equity | $1.67 Billion | 100.00% |
Diversified Healthcare Trust Competitors by Market Cap
The table below lists competitors of Diversified Healthcare Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pharvaris BV
NASDAQ:PHVS
|
$1.82 Billion |
|
ZAI LAB LTD0000006
F:1ZLB
|
$1.82 Billion |
|
Jiangsu Changling Hydraulic Co. Ltd
SHG:605389
|
$1.82 Billion |
|
Taiwan Surface Mounting Technology Corp
TW:6278
|
$1.82 Billion |
|
Jafron Biomedical Co Ltd
SHE:300529
|
$1.82 Billion |
|
Innodata Inc
NASDAQ:INOD
|
$1.82 Billion |
|
Chambal Fertilizers & Chemicals Limited
NSE:CHAMBLFERT
|
$1.82 Billion |
|
S-1 Corp
KO:012750
|
$1.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Diversified Healthcare Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,958,843,000 to 1,665,568,000, a change of -293,275,000 (-15.0%).
- Net loss of 285,886,000 reduced equity.
- Dividend payments of 9,661,000 reduced retained earnings.
- Share repurchases of 1,145,000 reduced equity.
- Other comprehensive income increased equity by 17,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-285.89 Million | -17.16% |
| Dividends Paid | $9.66 Million | -0.58% |
| Share Repurchases | $1.15 Million | -0.07% |
| Other Comprehensive Income | $17.00K | +0.0% |
| Other Changes | $3.40 Million | +0.2% |
| Total Change | $- | -14.97% |
Book Value vs Market Value Analysis
This analysis compares Diversified Healthcare Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.30x to 1.08x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $24.69 | $7.51 | x |
| 1999-12-31 | $15.75 | $7.51 | x |
| 2000-12-31 | $16.26 | $7.51 | x |
| 2001-12-31 | $18.62 | $7.51 | x |
| 2002-12-31 | $13.34 | $7.51 | x |
| 2003-12-31 | $12.45 | $7.51 | x |
| 2004-12-31 | $14.05 | $7.51 | x |
| 2005-12-31 | $13.35 | $7.51 | x |
| 2006-12-31 | $14.06 | $7.51 | x |
| 2007-12-31 | $15.02 | $7.51 | x |
| 2008-12-31 | $16.47 | $7.51 | x |
| 2009-12-31 | $15.60 | $7.51 | x |
| 2010-12-31 | $16.61 | $7.51 | x |
| 2011-12-31 | $16.53 | $7.51 | x |
| 2012-12-31 | $15.60 | $7.51 | x |
| 2013-12-31 | $14.82 | $7.51 | x |
| 2014-12-31 | $14.84 | $7.51 | x |
| 2015-12-31 | $14.42 | $7.51 | x |
| 2016-12-31 | $13.48 | $7.51 | x |
| 2017-12-31 | $13.80 | $7.51 | x |
| 2018-12-31 | $13.39 | $7.51 | x |
| 2019-12-31 | $11.52 | $7.51 | x |
| 2020-12-31 | $11.02 | $7.51 | x |
| 2021-12-31 | $11.19 | $7.51 | x |
| 2022-12-31 | $11.07 | $7.51 | x |
| 2023-12-31 | $9.78 | $7.51 | x |
| 2024-12-31 | $8.18 | $7.51 | x |
| 2025-12-31 | $6.93 | $7.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Diversified Healthcare Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.59%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 2.62x
- Recent ROE (-17.16%) is below the historical average (2.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 7.20% | 52.36% | 0.13x | 1.07x | $-17.97 Million |
| 1999 | 3.62% | 16.34% | 0.14x | 1.60x | $-26.11 Million |
| 2000 | 13.84% | 77.38% | 0.14x | 1.26x | $16.21 Million |
| 2001 | 2.96% | 6.10% | 0.32x | 1.51x | $-40.44 Million |
| 2002 | 6.67% | 41.03% | 0.11x | 1.54x | $-25.05 Million |
| 2003 | 6.30% | 34.98% | 0.10x | 1.79x | $-26.92 Million |
| 2004 | 6.37% | 38.20% | 0.10x | 1.63x | $-32.32 Million |
| 2005 | 6.40% | 35.97% | 0.11x | 1.63x | $-33.09 Million |
| 2006 | 6.48% | 36.76% | 0.11x | 1.55x | $-35.85 Million |
| 2007 | 6.83% | 45.37% | 0.11x | 1.36x | $-39.64 Million |
| 2008 | 6.15% | 45.22% | 0.09x | 1.44x | $-66.62 Million |
| 2009 | 5.77% | 36.84% | 0.10x | 1.57x | $-80.35 Million |
| 2010 | 5.47% | 34.36% | 0.10x | 1.59x | $-96.31 Million |
| 2011 | 6.12% | 33.65% | 0.10x | 1.77x | $-95.84 Million |
| 2012 | 4.98% | 20.77% | 0.13x | 1.79x | $-132.83 Million |
| 2013 | 5.44% | 19.85% | 0.16x | 1.72x | $-126.53 Million |
| 2014 | 5.37% | 18.78% | 0.14x | 2.02x | $-136.60 Million |
| 2015 | 3.69% | 12.41% | 0.14x | 2.14x | $-212.01 Million |
| 2016 | 4.42% | 13.35% | 0.15x | 2.26x | $-178.65 Million |
| 2017 | 4.50% | 13.73% | 0.15x | 2.23x | $-180.11 Million |
| 2018 | 9.02% | 25.68% | 0.16x | 2.25x | $-31.11 Million |
| 2019 | -3.22% | -8.48% | 0.16x | 2.43x | $-361.89 Million |
| 2020 | -5.32% | -8.54% | 0.25x | 2.47x | $-401.38 Million |
| 2021 | 6.55% | 12.62% | 0.21x | 2.49x | $-91.72 Million |
| 2022 | -0.60% | -1.23% | 0.21x | 2.27x | $-279.64 Million |
| 2023 | -12.56% | -20.82% | 0.26x | 2.33x | $-527.26 Million |
| 2024 | -18.90% | -24.76% | 0.29x | 2.62x | $-566.14 Million |
| 2025 | -17.16% | -18.59% | 0.35x | 2.62x | $-452.44 Million |
Industry Comparison
This section compares Diversified Healthcare Trust's net assets metrics with peer companies in the REIT - Healthcare Facilities industry.
Industry Context
- Industry: REIT - Healthcare Facilities
- Average net assets among peers: $987,935,597
- Average return on equity (ROE) among peers: -0.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Diversified Healthcare Trust (DHC) | $1.58 Billion | 7.20% | 1.68x | $1.82 Billion |
| American Healthcare REIT, Inc. (AHR) | $1.46 Billion | -4.90% | 2.14x | $9.92 Billion |
| Community Healthcare Trust Inc (CHCT) | $513.26 Million | 1.50% | 0.84x | $429.81 Million |
| CareTrust REIT Inc. (CTRE) | $113.46 Million | -7.18% | 3.25x | $9.22 Billion |
| Healthpeak Properties Inc (DOC) | $1.18 Billion | 11.30% | 1.03x | $13.62 Billion |
| Global Medical REIT Inc. (GMRE) | $2.22 Million | -29.36% | 9.01x | $479.58 Million |
| Healthcare Realty Trust Incorporated (HR) | $1.01 Billion | 7.89% | 0.54x | $6.55 Billion |
| LTC Properties Inc (LTC) | $454.31 Million | 9.70% | 0.08x | $2.15 Billion |
| Medical Properties Trust, Inc. (MPT) | $3.25 Billion | 6.92% | 0.97x | $2.40 Billion |
| Medical Properties Trust Inc (MPW) | $899.58 Million | 2.55% | 0.50x | $2.78 Billion |
About Diversified Healthcare Trust
Diversified Healthcare Trust is a real estate investment trust, or REIT, focused on owning high-quality healthcare properties located throughout the United States. DHC's portfolio is anchored by a strategically curated mix of senior housing, medical office and life science assets that combine high quality care, modern technology and amenity rich environments to meet rising demand across the healt… Read more