WinstonWınston
AH Realty Trust logo

AH Realty Trust

AHRT
22
REIT - Healthcare Facilities · Real Estate
Price
$7.05
+0.02 (+0.28%)
Market Cap
$685.8M
Exchange
New York Stock Exchange
Winston Score
22
Winston is worried
Weak fundamentals across most pillars.

Share count falling — buybacks

4.2% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 83.6M (2021) → 80.2M (2025)

AH Realty Trust is a real estate investment trust (REIT) that owns and leases healthcare-related properties. These include facilities such as medical office buildings, senior housing, and other healthcare real estate assets. The company's tenants are typically healthcare operators, medical groups, and senior living providers who pay rent to use the space.

The company makes money by collecting rent from its tenants under long-term lease agreements, which provides relatively steady income. AH Realty Trust operates primarily in the United States and, with a market cap of roughly $0.7 billion, is a smaller player in the healthcare REIT space compared to giants like Welltower or Ventas. Its low ROIC of 3.1% suggests the business is not yet generating strong returns on its invested capital, and the key risk it faces is rising interest rates, which increase borrowing costs and can compress the value of its property portfolio.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-54.4% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-363.5% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

0.0% of revenue

Below sector average (1%)

Research and development spending

Insider Activity

1.4%ownership

Relatively low insider ownership

Cash Position

Cash flow positive

$1.5B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

AH Realty Trust's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
-3.4%
Thin — -3.4% gross margin
Operating Margin
25.1%
Excellent — 25.1% operating margin
ROCE
0.8%
Weak — 0.8% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
-59.8%
Shrinking sales (-59.8% YoY)
EPS YoY
-435.8%
Earnings shrinking (-435.8% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

EPS Consistency
0/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
16.7%
Converts sales into free cash efficiently (16.7%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
2.04
Heavy debt load (2.04)
Interest Cover
0.95x
Dangerous — barely covers interest (0.9x)

Interest coverage below 1. Their profits don't cover the interest bill.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield
7.88%
Healthy income — 7.88% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend Growth
-18.8%
Dividend cut (-18.8% YoY) — warning sign

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial