Diversified Healthcare Trust (DHC) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Diversified Healthcare Trust reported revenue of $1.54B, up 2.8% from $1.50B the year before. Net income was -$285.9M (a -18.6% net margin), or -$1.19 per diluted share. Gross margin was -13.3% and operating margin was -16.3%. Operating activities generated -$19.6M of cash. At fiscal year end, Diversified Healthcare Trust held $4.36B in total assets against $2.70B in total liabilities, including $105.4M of cash and equivalents.
Open the full interactive Diversified Healthcare Trust financials → Quarterly statements, key ratios, valuation history and price charts.
Diversified Healthcare Trust Key Stats
| Share Price | $7.62 |
|---|---|
| Market Cap | $1.83B |
| Revenue YoY Growth | +2.8% |
| 52-Week Range | $4.04 – $9.64 |
| Shares Outstanding | 240.7 million (basic, 2026 Q2) |
Diversified Healthcare Trust Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.63B | $1.38B | $1.28B | $1.41B | $1.50B | $1.54B |
| Cost of Goods Sold | $1.64B | $1.41B | $1.38B | $1.51B | $1.62B | $1.74B |
| Gross Profit | -$12.9M | -$31.1M | -$93.8M | -$103.3M | -$125.8M | -$205.0M |
| Operating Income | -$43.5M | -$65.2M | -$120.3M | -$129.4M | -$152.4M | -$250.5M |
| Pre-Tax Income | -$133.1M | $181.4M | -$21.1M | -$272.7M | -$371.4M | -$320.9M |
| Income Tax | $1.2M | $1.4M | $710,000 | $445,000 | $467,000 | $1.7M |
| Net Income | -$139.5M | $174.5M | -$15.8M | -$293.6M | -$370.3M | -$285.9M |
| Diluted EPS | -$0.59 | $0.73 | -$0.07 | -$1.23 | -$1.55 | -$1.19 |
Diversified Healthcare Trust Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $388.7M | $379.6M | $366.5M | $365.4M |
| Net Income | -$164.0M | -$21.2M | -$43.3M | -$37.4M |
| Diluted EPS | -$0.68 | -$0.09 | -$0.18 | -$0.16 |
Diversified Healthcare Trust Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $74.4M | $634.8M | $658.1M | $245.9M | $144.6M | $105.4M |
| Total Assets | $6.48B | $6.62B | $6.00B | $5.45B | $5.14B | $4.36B |
| Total Long-Term Debt | $2.81B | $3.61B | $3.02B | $3.05B | $3.05B | $2.44B |
| Total Liabilities | $3.86B | $3.96B | $3.36B | $3.11B | $3.18B | $2.70B |
| Shareholders' Equity | $2.50B | $2.66B | $2.64B | $2.34B | $1.96B | $1.67B |
Diversified Healthcare Trust Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $158.5M | -$63.3M | -$40.4M | $10.5M | $112.2M | -$19.6M |
| Cash From Investing | -$40.4M | $242.7M | $387.7M | -$202.1M | -$187.0M | $483.6M |
| Cash From Financing | -$79.5M | $746.7M | -$676.0M | -$249.7M | -$22.3M | -$492.0M |
Figures from Diversified Healthcare Trust's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Diversified Healthcare Trust financials page for every line item.
Diversified Healthcare Trust Company Profile
| Ticker | DHC |
|---|---|
| Exchange | Nasdaq |
| Industry | Real Estate Investment Trusts |
| Headquarters | Newton, Massachusetts |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001075415 |
Frequently Asked Questions
What was Diversified Healthcare Trust's revenue in fiscal 2025?
Diversified Healthcare Trust (DHC) reported revenue of $1.54B for fiscal 2025.
What is Diversified Healthcare Trust's annual revenue history?
Diversified Healthcare Trust's annual revenue by fiscal year: 2020: $1.63B; 2021: $1.38B; 2022: $1.28B; 2023: $1.41B; 2024: $1.50B; 2025: $1.54B.
What was Diversified Healthcare Trust's net income in fiscal 2025?
Diversified Healthcare Trust reported net income of -$285.9M for fiscal 2025.
What was Diversified Healthcare Trust's earnings per share (EPS) in fiscal 2025?
Diversified Healthcare Trust's diluted EPS was -$1.19 for fiscal 2025 (adjusted for any later stock splits).
What was Diversified Healthcare Trust's revenue last quarter?
In its most recent reported quarter (2026 Q2), Diversified Healthcare Trust reported revenue of $365.4M.
How much debt does Diversified Healthcare Trust have?
Diversified Healthcare Trust reported $2.44B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Diversified Healthcare Trust are outstanding?
Diversified Healthcare Trust reported a weighted average of 240.7 million basic shares outstanding in 2026 Q2.
What is Diversified Healthcare Trust's market cap?
Based on its latest closing price, Diversified Healthcare Trust (DHC) has a market capitalization of about $1.83B.
When does Diversified Healthcare Trust's fiscal year end?
Diversified Healthcare Trust's fiscal year end, as registered with the SEC, is December 31.
Where is Diversified Healthcare Trust headquartered?
Diversified Healthcare Trust lists its business address in Newton, Massachusetts in its SEC filings.