Diversified Healthcare Trust
DHC is a real estate investment trust, or REIT, that owns medical office and life science properties, senior living communities and wellness centers throughout the United States. DHC is managed by the operating subsidiary of The RMR Group Inc., an alternative asset management company that is headquartered in Newton, MA.
Diversified Healthcare Trust (DHCNL) - Net Assets
Latest net assets as of December 2025: $1.67 Billion USD
Based on the latest financial reports, Diversified Healthcare Trust (DHCNL) has net assets worth $1.67 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.36 Billion) and total liabilities ($2.70 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.67 Billion |
| % of Total Assets | 38.19% |
| 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. Explore and compare other companies by net assets.
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.
| 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 0.0% 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 | $1.66 Billion | 99.85% |
| 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 |
|---|---|
|
ABB Turbo Systems AG
OTCGREY:ACLIF
|
$4.32 Billion |
|
Science Applications International Corporation
LSE:0V9N
|
$4.32 Billion |
|
SFS Group AG
SW:SFSN
|
$4.32 Billion |
|
Badger Meter Inc
NYSE:BMI
|
$4.32 Billion |
|
Mercury Systems Inc
NASDAQ:MRCY
|
$4.32 Billion |
|
Financiere de Tubize SA
LSE:0D53
|
$4.31 Billion |
|
Kodiak Gas Services, Inc.
NYSE:KGS
|
$4.31 Billion |
|
Worley Limited
PINK:WYGPF
|
$4.31 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: 2.62x
- 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 0.74x to 2.62x 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 | $18.16 | x |
| 1999-12-31 | $15.75 | $18.16 | x |
| 2000-12-31 | $16.26 | $18.16 | x |
| 2001-12-31 | $18.62 | $18.16 | x |
| 2002-12-31 | $13.34 | $18.16 | x |
| 2003-12-31 | $12.45 | $18.16 | x |
| 2004-12-31 | $14.05 | $18.16 | x |
| 2005-12-31 | $13.35 | $18.16 | x |
| 2006-12-31 | $14.06 | $18.16 | x |
| 2007-12-31 | $15.02 | $18.16 | x |
| 2008-12-31 | $16.47 | $18.16 | x |
| 2009-12-31 | $15.60 | $18.16 | x |
| 2010-12-31 | $16.61 | $18.16 | x |
| 2011-12-31 | $16.53 | $18.16 | x |
| 2012-12-31 | $15.60 | $18.16 | x |
| 2013-12-31 | $14.82 | $18.16 | x |
| 2014-12-31 | $14.84 | $18.16 | x |
| 2015-12-31 | $14.42 | $18.16 | x |
| 2016-12-31 | $13.48 | $18.16 | x |
| 2017-12-31 | $13.80 | $18.16 | x |
| 2018-12-31 | $13.39 | $18.16 | x |
| 2019-12-31 | $11.52 | $18.16 | x |
| 2020-12-31 | $11.02 | $18.16 | x |
| 2021-12-31 | $11.19 | $18.16 | x |
| 2022-12-31 | $11.07 | $18.16 | x |
| 2023-12-31 | $9.78 | $18.16 | x |
| 2024-12-31 | $8.18 | $18.16 | x |
| 2025-12-31 | $6.93 | $18.16 | 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 Health Care Plans industry.
No peer company data available for comparison.