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Held by 376 of 5,944 reporting institutions (96th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
This company doesn't have positive free cash flow, so a reverse DCF can't be run.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Ranked against 190 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WELL | $165.2B | 170.7× | — | 15.3× | 35.6% | 40.1% | 8.6% | 2.2% | 1.5% | — | 1,425 |
| EQIX | $103.7B | 76.8× | 26.2× | 11.3× | 5.4% | 51.1% | 14.6% | 9.5% | 9.5% | — | 1,229 |
| AMT | $78.4B | 31.1× | 12.9× | 7.4× | 5.1% | — | 24.7% | 72.0% | 72.0% | — | 1,662 |
| O | $58.6B | 53.6× | — | 10.2× | 9.1% | — | 18.4% | 2.7% | 2.7% | — | 1,389 |
| XHG | $47.8B | — | — | 932.4× | -82.2% | 2.2% | -205% | 11.9% | 12.4% | — | 1 |
| PLDGP | $47.6B | 14.4× | — | 5.4× | 7.2% | — | 37.9% | 6.3% | 3.8% | — | 9 |
| CBRE | $44.7B | 39.3× | — | 1.1× | 13.4% | 18.7% | 2.9% | 13.0% | 7.1% | — | 1,020 |
| VTR | $43.9B | 171.3× | — | 7.5× | 18.5% | — | 4.5% | 2.1% | 1.0% | — | 891 |
| IRM | $37.6B | 259.4× | 24.5× | 5.5× | 12.2% | — | 2.2% | -15.5% | 1.0% | 7.4× | 1,043 |
| EXR | $31.7B | 32.7× | 14.8× | 9.4× | 3.7% | 72.8% | 28.8% | 7.3% | 7.3% | — | 722 |
| VICI | $28.2B | 10.1× | — | 7.0× | 4.1% | 99.3% | 69.3% | 10.0% | 6.2% | — | 898 |
| AVB | $26.6B | 25.6× | 12.2× | 8.7× | 4.4% | — | 34.7% | 9.1% | 5.0% | 3.2× | 715 |
| EQR | $25.6B | 23.0× | — | — | — | — | — | 10.1% | 5.8% | — | 681 |
| SBAC | $18.9B | 18.2× | 20.0× | 6.7× | 5.1% | 75.5% | 37.4% | -21.7% | 17.2% | 7.4× | 636 |
| BEKE | $18.7B | 140.8× | 40.7× | 1.4× | -85.5% | 21.4% | 3.2% | 4.5% | 4.4% | 0.4× | 197 |
| INVH | $18.6B | 31.8× | — | 6.8× | 4.2% | — | 21.5% | 6.2% | 3.3% | — | 560 |
| WY | $18.6B | 57.4× | 18.7× | 2.7× | -3.1% | 14.8% | 4.7% | 3.4% | 2.2% | 4.1× | 868 |
| ESS | $18.6B | 27.7× | 12.3× | 9.8× | 6.4% | 69.9% | 37.2% | 12.7% | 12.7% | — | 582 |
| JLL | $17.5B | 22.8× | 13.8× | 0.7× | 11.4% | — | 3.0% | 10.6% | 9.3% | 0.8× | 615 |
| HST | $17.3B | 22.9× | — | 2.8× | 7.6% | — | 12.5% | 11.7% | 9.8% | — | 656 |
| LAMR | $16.1B | 27.4× | — | 7.1× | 2.7% | 67.0% | 25.9% | 57.3% | 14.0% | — | 655 |
| WPC | $15.8B | — | — | 9.2× | 8.4% | — | 27.2% | 5.7% | 2.8% | — | 834 |
| DOC | $15.1B | 217.9× | — | 5.4× | 4.5% | — | 2.5% | 1.0% | 0.4% | — | 724 |
| SUI | $14.9B | 11.2× | — | 6.5× | 2.0% | — | 61.3% | 20.3% | 20.3% | — | 487 |
| OHI | $14.4B | 25.1× | — | 12.1× | 13.2% | — | 0.1% | 0.0% | 0.0% | — | 718 |
| RHP | $8.0B | 33.9× | 10.1× | 3.1× | 10.2% | 44.1% | 9.4% | 32.5% | 32.5% | — | 376 |
Peers = companies sharing RHP's sector (Real Estate) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
4/7 of the 9 checks — 2 couldn't be scored (see above), so the score is out of the 7 with data.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
Free-cash-flow coverage unavailable. Last year: $286M dividends + $0 buybacks = $286M returned.
4 consecutive years of dividend increases · 5%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A cash-return story — far more went to shareholders than back into the business (mature, low-reinvestment).
Insufficient data. Current ROIC on all capital: 32%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $471M covers the $7M due within a year 65.1× over. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable.
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-08-05
No material risks flagged.
Where each multiple sits in its own 14-yr range · 79th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 60.5 | 59.7 | 90.2 | 66.1 | 57.5 | 56.8 | 56.6 | 55.9 |
| SG&A | 2.4 | 2.3 | 5.5 | 4.1 | 2.4 | 2.0 | 1.8 | 1.7 |
| Operating Income | 16.8 | 16.7 | -57.9 | -6.2 | 18.1 | 21.0 | 21.0 | 18.9 |
| Income Tax | 0.9 | 1.2 | 5.2 | 0.5 | 2.1 | -4.3 | 0.6 | 0.3 |
| Net Income | 20.8 | 8.0 | -87.9 | -20.7 | 7.5 | 14.4 | 11.6 | 9.4 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on RHP: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
EOD close · as of 2026-08-05 · 15d old
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.58B 100.0% | $2.34B 100.0% | $2.16B 100.0% | $1.81B 100.0% | $939.4M 100.0% | $524.5M 100.0% | $1.60B 100.0% | $1.28B 100.0% | $1.18B 100.0% | $1.15B 100.0% |
| Cost of Revenue | $1.44B 55.9% | $1.32B 56.6% | $1.23B 56.8% | $1.04B 57.5% | $620.9M 66.1% | $472.8M 90.2% | $957.2M 59.7% | $771.2M 60.5% | $733.6M 61.9% | $722.4M 62.9% |
| Selling, General & Admin | $42.8M 1.7% | $41.8M 1.8% | $42.8M 2.0% | $43.0M 2.4% | $38.6M 4.1% | $28.8M 5.5% | $36.3M 2.3% | $30.8M 2.4% | $31.4M 2.6% | $26.9M 2.3% |
| Total Operating Expenses | $2.09B 81.1% | $1.85B 79.0% | $1.70B 79.0% | $1.48B 81.9% | $998.0M 106.2% | $828.3M 157.9% | $1.34B 83.3% | $1.06B 83.2% | $998.8M 84.3% | $933.8M 81.3% |
| Operating Income | $487.0M 18.9% | $490.8M 21.0% | $453.7M 21.0% | $327.1M 18.1% | -$58.7M -6.2% | -$303.8M -57.9% | $267.5M 16.7% | $214.3M 16.8% | $185.9M 15.7% | $215.4M 18.7% |
| Interest Expense | $241.3M 9.4% | $225.4M 9.6% | $211.4M 9.8% | $148.4M 8.2% | $125.3M 13.3% | $115.8M 22.1% | $131.6M 8.2% | $75.0M 5.9% | $66.1M 5.6% | $63.9M 5.6% |
| Interest & Investment Income | $20.3M 0.8% | $28.0M 1.2% | $21.4M 1.0% | $5.8M 0.3% | $5.7M 0.6% | $7.3M 1.4% | $11.8M 0.7% | $10.5M 0.8% | $11.8M 1.0% | $11.5M 1.0% |
| Other Income (Expense), net | — | — | — | — | — | — | — | — | $928K 0.1% | $4.2M 0.4% |
| Pretax Income | $254.6M 9.9% | $294.0M 12.6% | $248.1M 11.5% | $173.7M 9.6% | -$189.8M -20.2% | -$433.7M -82.7% | $146.8M 9.1% | $276.4M 21.7% | $126.9M 10.7% | $162.8M 14.2% |
| Income Tax Expense | $7.3M 0.3% | $13.8M 0.6% | -$93.7M -4.3% | $38.8M 2.1% | $5.0M 0.5% | $27.1M 5.2% | $18.5M 1.2% | $11.7M 0.9% | -$49.2M -4.1% | $3.4M 0.3% |
| Net Income | $243.4M 9.4% | $271.6M 11.6% | $311.2M 14.4% | $134.9M 7.5% | -$194.8M -20.7% | -$460.8M -87.9% | $128.3M 8.0% | $264.7M 20.8% | $176.1M 14.9% | $159.4M 13.9% |
| Per Share | ||||||||||
| EPS (Basic) | $3.94 | $4.54 | $5.39 | $2.34 | $-3.21 | $-7.59 | $2.82 | $5.16 | $3.44 | $3.12 |
| EPS (Diluted) | $3.77 | $4.38 | $5.36 | $2.33 | $-3.21 | $-7.59 | $2.81 | $5.14 | $3.43 | $3.11 |
| Weighted Avg Shares (Basic) | 61.8M | 59.9M | 57.8M | 55.1M | 55.0M | 55.0M | 51.6M | 51.3M | 51.1M | 51.0M |
| Weighted Avg Shares (Diluted) | 66.0M | 63.6M | 58.1M | 55.4M | 55.0M | 55.0M | 52.0M | 51.5M | 51.4M | 51.3M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.