American Healthcare REIT, Inc. (AHR)

American Healthcare REIT Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	70.82	-35.6	-76.89	-73.38	-53.27
Depreciation & Amortization	225.2	221.64	237.3	200.6	157.38
Stock-Based Compensation	14.62	9.87	5.47	3.91	9.66
Other Adjustments	14.13	48.86	-11.55	54.44	-2.39
Change in Receivables	-13.05	-23.75	-34.72	-4.46	3.69
Changes in Accounts Payable	29.01	-0.65	15.43	13.88	-39.71
Changes in Other Operating Activities	-46.29	-44.28	-36.49	-47.22	-57.45
Operating Cash Flow	294.44	176.09	98.54	147.77	17.91
Operating Cash Flow Growth	67.21%	78.70%	-33.32%	724.92%	-91.83%
Capital Expenditures	-128.56	-91.94	-99.79	-71.52	-79.7
Purchases of Investments	-6.3	-28.36	-33.55	-7.86	-0.65
Proceeds from Sale of Investments	10.79	30.13	6.08	-	-
Payments for Business Acquisitions	-1,003	-60.35	-45.72	-86.94	-80.11
Proceeds from Business Divestments	50.21	141.27	184.53	48.3	4.5
Other Investing Activities	-6.61	0.51	-2.16	-0.55	17.3
Investing Cash Flow	-1,083	-8.73	9.4	-118.58	-138.65
Long-Term Debt Issued	278.5	954.32	578.18	1,306	349.62
Long-Term Debt Repaid	438.44	1,950	595.76	1,244	203.3
Net Long-Term Debt Issued (Repaid)	716.94	2,904	1,174	2,550	552.92
Issuance of Common Stock	1,157	1,364	-	-2.08	-
Repurchase of Common Stock	-	0.01	0.47	-	0.38
Net Common Stock Issued (Repurchased)	1,157	1,364	0.47	-2.08	0.38
Common Dividends Paid	-163.52	-120.9	-76.28	-20.7	-22.79
Other Financing Activities	-15.81	-382.64	-34.72	-82.97	-29.04
Financing Cash Flow	817.24	-134.74	-129.06	-42.92	94.11
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.06	-0.09	0.01	0.15	-0.07
Net Cash Flow	28.39	32.61	-21.13	-13.73	-26.63
Free Cash Flow	165.88	84.15	-1.26	76.25	-61.78
Free Cash Flow Growth	97.13%	-	-	-	-
FCF Margin	7.34%	4.06%	-0.07%	4.64%	-4.82%
Free Cash Flow Per Share	0.99	0.64	-0.02	1.16	-1.23
Levered Free Cash Flow	866.11	2,951	1,219	2,564	485.65
Unlevered Free Cash Flow	168.49	207.85	186.75	182.63	4.89

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q