DHC (Diversified Healthcare Trust) Debt-to-Equity: 1.48 (As of Mar. 2026) — 16% Above Median

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DHC Diversified Healthcare Trust DHC
54 GF Score
Price $9.16
GF Value $3.20
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Diversified Healthcare Trust Debt-to-Equity?

Diversified Healthcare Trust DHC -0.76% 54 Debt-to-Equity is 1.48 as of Mar. 2026, which is 16% above its 10-year median of 1.28. GuruFocus rates DHC with a GF Score™ of 54/100 and a GF Value™ of $3.20 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 690 REITs companies, Diversified Healthcare Trust ranks worse than 83.33% on this metric.

Diversified Healthcare Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. Diversified Healthcare Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2,402 Mil. Diversified Healthcare Trust's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,620 Mil. Diversified Healthcare Trust's debt to equity for the quarter that ended in Mar. 2026 was 1.48.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Diversified Healthcare Trust's Debt-to-Equity or its related term are showing as below:

DHC' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.08   Med: 1.28   Max: 1.92
Current: 1.48

During the past 13 years, the highest Debt-to-Equity Ratio of Diversified Healthcare Trust was 1.92. The lowest was 1.08. And the median was 1.28.

DHC's Debt-to-Equity is ranked worse than
83.33% of 690 companies
in the REITs industry
Industry Median: 0.78 vs DHC: 1.48

Diversified Healthcare Trust  (NAS:DHC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Diversified Healthcare Trust Debt-to-Equity Related Terms


Diversified Healthcare Trust Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Diversified Healthcare Trust's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Diversified Healthcare Trust Debt-to-Equity Chart

Diversified Healthcare Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.16 1.21 1.49 1.44

Diversified Healthcare Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.44 1.42 1.61 1.44 1.48

DHC vs LTC, MPT, SILA: Debt-to-Equity Comparison

For the REIT - Healthcare Facilities subindustry, Diversified Healthcare Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Diversified Healthcare Trust Debt-to-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Diversified Healthcare Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Diversified Healthcare Trust's Debt-to-Equity falls into.


DHC
54GF Score
Diversified Healthcare Trust DHC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Diversified Healthcare Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Diversified Healthcare Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Diversified Healthcare Trust's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.48 mean?
Diversified Healthcare Trust (DHC) has a Debt-to-Equity of 1.48 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Diversified Healthcare Trust and its competitors. This is 16% above median its historical median of 1.28. Over the past decade, Diversified Healthcare Trust's Debt-to-Equity has ranged from 1.08 to 1.92. According to the industry distribution chart, Diversified Healthcare Trust ranks #575 out of 690 companies in the REITs industry, placing it in the top 83.3%.
Is Diversified Healthcare Trust's Debt-to-Equity too high?
Diversified Healthcare Trust's current Debt-to-Equity of 1.48 is 16% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 1.92. The REITs industry median Debt-to-Equity is 0.78. Diversified Healthcare Trust's value of 1.48 is 89.7% above this industry median. Based on the distribution chart, Diversified Healthcare Trust ranks #575 out of 690 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Diversified Healthcare Trust has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diversified Healthcare Trust's Debt-to-Equity compare to LTC and MPT?
According to the REITs industry distribution chart, Diversified Healthcare Trust ranks #575 out of 690 companies for Debt-to-Equity. This places Diversified Healthcare Trust in the lower half of its industry. The industry median Debt-to-Equity is 0.78. Diversified Healthcare Trust's value of 1.48 is 89.7% above this benchmark. Historically, Diversified Healthcare Trust's own Debt-to-Equity has ranged from 1.08 to 1.92 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.78, Diversified Healthcare Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 690 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diversified Healthcare Trust's current Debt-to-Equity of 1.48 is 89.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Diversified Healthcare Trust and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diversified Healthcare Trust's current Debt-to-Equity is 1.48, which is 16% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diversified Healthcare Trust stock overvalued right now?
Based on GuruFocus' analysis, Diversified Healthcare Trust (DHC) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.20, compared to a current price of $9.16 — trading 186.3% above its estimated fair value. The current Debt-to-Equity is 1.48, which is 16% above median its 10-year median of 1.28 and 89.7% above the REITs industry median of 0.78. Diversified Healthcare Trust's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Diversified Healthcare Trust (DHC), the current Debt-to-Equity is 1.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Diversified Healthcare Trust (DHC) Overvalued in 2026?

Based on GuruFocus' analysis, Diversified Healthcare Trust stock appears to be overvalued. The current stock price of $9.16 is trading 186.3% above its estimated GF Value™ of $3.20. GuruFocus considers Diversified Healthcare Trust to be Significantly Overvalued.

Key valuation signals for DHC:

  • Debt-to-Equity: 1.48 (16% above median its 10-year median of 1.28)
  • GF Value™: $3.20 vs. price of $9.16 (186.3% above fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 89.7% above the REITs median (#575 of 690)

No single metric tells the full story. See the DHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Diversified Healthcare Trust Business Description

Industry Real EstateREITs
Other Exchanges SNF:Germany
Address 255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
Diversified Healthcare Trust is a real estate investment trust that focuses on healthcare-related properties, including life science estates, medical offices, and senior living communities. It acquires and owns properties and is engaged in the development and implementation of medical services and technologies. The company has two reportable segments: SHOP (Senior Housing Operating Portfolio) and Medical Office and Life Science Portfolio. The SHOP segment includes managed senior living communities providing residential living and care services. The Medical Office and Life Science Portfolio segment consists of properties leased to medical providers and biotechnology laboratories. It generates the majority of its revenue from the SHOP segment.
54GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.16
Price
$3.20
GF Value