Ventas, Inc.

Ventas, Inc.

VTR
Ventas, Inc.US flagNew York Stock Exchange
84.60
USD
+0.71
- -
41.13BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.6
9.44
9.95
9.99
10.06
10.51
10.58
10.17
10
10.33
11.19
11.96
12.82
13.22
Basic EPS, GAAP
1.55
1.62
1.26
1.88
3.82
1.15
1.18
1.18
0.13
-0.12
-0.1
0.2
0.55
0.56
Free Cash Flow per Basic Share
4.08
4.27
4.23
3.93
4.02
3.88
3.93
3.88
2.68
2.8
2.79
3.23
3.62
3.71
Dividend per Share
2.74
2.98
3.04
2.97
2.33
3.16
3.16
2.49
1.79
1.8
1.8
1.8
1.89
1.92
Book Value per Share
-3.59
-4.93
-6.14
-6.96
-6.06
-7.97
-9.77
-10.54
-11.97
-13.39
0.25
0.26
0.26
0.26
Tangible Book Value per Share
28.8
28.46
25.93
27.52
27.84
25.87
25.93
24.7
25.84
22.95
21.14
23.73
25.33
26.13
Basic Weighted Avg Shares
293
294
330
345
355
356
366
373
383
400
402
412
455
464
Sales/Revenue/Turnover
2,517
2,777
3,286
3,444
3,574
3,746
3,873
3,795
3,828
4,129
4,498
4,924
5,834
6,133
Operating Margin (%)
25.96
25.83
25.99
28.33
29.78
26.4
22.15
15.58
11.01
11.72
9.24
13.83
14.7
14.16
Depreciation Expense
753
828
979
909
904
939
1,069
1,130
1,215
1,211
1,415
1,283
1,411
1,474
Net Income, GAAP
454
476
418
649
1,356
409
433
439
49
-47
-41
81
251
260
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
7.86
- -
- -
- -
- -
5.14
Profit Margin (%)
18.02
17.13
12.71
18.85
37.95
10.93
11.18
11.57
1.28
-1.15
-0.91
1.65
4.31
4.25
Working Capital
-570
1,721
263
282
51
-899
-595
90
-593
-612
-314
119
-62
-722
LT Debt
8,989
9,925
11,026
10,981
10,737
9,877
11,561
11,912
11,888
12,059
13,672
13,734
13,220
12,661
Total Equity
8,904
8,754
9,625
10,529
10,932
10,272
10,545
10,278
10,946
10,222
9,544
10,830
12,586
13,182
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
1.7
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
5.59
- -
- -
- -
- -
4.55
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
77.37
220.65
222.57

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
65
LT Borrowings
12,572
13,011
12,453
LT Finance Leases
216
209
208
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
469
475
486
Market Capitalization
30,971
35,202
37,945

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
849
1,326
700
Cash, Cash Equivalents & STI
189
741
184
Accounts Receivable, Net
243
251
255
Inventories
- -
- -
- -
Total Current Liabilities
1,343
1,388
1,422
Payables & Accruals
1,340
1,384
1,356
ST Debt
- -
- -
65
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.02%
4.59%
16.22%
Free Cash Flow
2.64%
4.5%
23.85%
Net Income, GAAP
-28.59%
-77.52%
209.76%
Sales/Revenue/Turnover
6.04%
9.12%
18.47%
Total Cash Common Dividend
-0.02%
-0.45%
16.17%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,200
1,201
1,236
1,287
4,924
2025
1,358
1,421
1,489
1,566
5,834
2026
1,657
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
0.05
0.05
0.13
0.2
2025
0.11
0.15
0.14
0.15
0.55
2026
0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.45
0.45
0.45
0.45
1.8
2025
0.45
0.48
0.48
0.48
1.89
2026
0.48
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Debra A. Cafaro
Full Time Employees
498
Sector
Real Estate
Industry
REIT - Healthcare Facilities
Address
353 North Clark Street Chicago IL United States of America 60654
IPO Date
May 5, 1997
Business
Ventas, Inc. Ventas, Inc. (NYSE: VTR) is a leading S&P 500 real estate investment trust (REIT) that owns, acquires, develops, and manages a diversified portfolio of senior housing, healthcare, and life science properties primarily in the United States, Canada, and the United Kingdom. The company operates through three main segments: senior housing operating portfolio (SHOP), which includes over 850 communities offering independent living, assisted living, memory care, and other supported services operated by third-party managers; outpatient medical and research portfolio (OM&R), encompassing medical office buildings, research centers, life science facilities, and innovation centers leased to healthcare providers, universities, and research institutions; and triple-net leased properties (NNN), featuring skilled nursing facilities, long-term acute care hospitals, inpatient rehabilitation facilities, and other healthcare properties leased to operators on a net basis. With approximately 1,400 properties valued at around $46 billion in enterprise value, Ventas serves the longevity economy by providing environments that support aging populations, medical innovation, and healthcare delivery to residents, tenants, and institutional clients. Founded as a nursing home operator and reorganized as a REIT in 1998, the company is headquartered in Chicago, Illinois. In recent developments, Ventas has aggressively expanded its portfolio through $2.2 billion in senior housing acquisitions year-to-date in 2025, focusing on high-demand markets, and increased its overall 2025 acquisition pipeline to $2 billion amid strong sector demand. The company amended its master lease agreement with Brookdale Senior Living in late 2024, enhancing cash flows for both parties while maintaining operations across a 65-community portfolio, and completed a previously announced acquisition of 11 communities. Additionally, Ventas is converting 45 large-scale senior housing communities (about 5,700 units) from triple-net to SHOP structure to capitalize on growth, projecting 11-16% same-store cash NOI growth in SHOP for 2025; it also reported improved net debt-to-EBITDA ratios to 6.0x by end-2024 and raised its dividend. These moves reflect strategic shifts toward operational control in senior housing, portfolio optimization, and leveraging data insights from its Ventas OI platform to drive performance in a recovering healthcare real estate market.

Company News

MCPAPIChat
  • Why Ventas (VTR) is a Great Dividend Stock Right Now

  • Top 3 Real Estate Stocks Which Could Rescue Your Portfolio In June

  • Ventas Chairman and CEO Debra A. Cafaro to Receive Cyrus McCormick Making History Award for Historic Corporate Achievement

  • Ventas Issues Business Update and Will Participate in Investor Meetings at Nareit's REITweek 2026 Investor Conference

  • The Smart Money Is Quietly Buying These REITs

  • Ford, Ventas, QXO And More On CNBC's 'Final Trades'

  • U.S. REIT At-The-Market Activity Dips In Q1 2026

  • Why Ventas (VTR) is a Top Dividend Stock for Your Portfolio

  • The REIT Repricing Cycle Is Nearing A Turning Point

  • Ventas Declares Quarterly Dividend of $0.52 Per Common Share

  • Ventas (VTR) Could Be a Great Choice

  • REITs Excel, Earnings Swell, Fed Rebels

  • Welltower's Q1 FFO Beat Estimates on Strong SHO NOI Growth

  • Ventas, Inc. (VTR) Q1 2026 Earnings Call Transcript

  • Ventas Q1 FFO & Revenues Beat Estimates on Strong SHOP Results

  • Ventas: Senior Housing Growth Appears Priced In

  • Here's What Key Metrics Tell Us About Ventas (VTR) Q1 Earnings

  • Ventas (VTR) Q1 FFO and Revenues Beat Estimates

  • Ventas Reports 2026 First Quarter Results

  • Countdown to Ventas (VTR) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS