American Healthcare REIT, Inc. (AHR)

American Healthcare REIT Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	101.67	70.82	-35.6	-76.89	-73.38	-53.27
Depreciation & Amortization	250.26	225.2	221.64	237.3	200.6	157.38
Stock-Based Compensation	16.93	14.62	9.87	5.47	3.91	9.66
Other Adjustments	24.37	14.13	48.86	-11.55	54.44	-2.39
Change in Receivables	-34.46	-13.05	-23.75	-34.72	-4.46	3.69
Changes in Accounts Payable	40.59	29.01	-0.65	15.43	13.88	-39.71
Changes in Other Operating Activities	-48.69	-46.29	-44.28	-36.49	-47.22	-57.45
Operating Cash Flow	314.89	294.44	176.09	98.54	147.77	17.91
Operating Cash Flow Growth	29.77%	67.21%	78.70%	-33.32%	724.92%	-91.83%
Capital Expenditures	-145.7	-128.56	-91.94	-99.79	-71.52	-79.7
Purchases of Investments	-1.91	-6.3	-28.36	-33.55	-7.86	-0.65
Proceeds from Sale of Investments	7.81	10.79	30.13	6.08	-	-
Payments for Business Acquisitions	-1,034	-1,003	-60.35	-45.72	-86.94	-80.11
Proceeds from Business Divestments	40.64	50.21	141.27	184.53	48.3	4.5
Other Investing Activities	-2.14	-6.61	0.51	-2.16	-0.55	17.3
Investing Cash Flow	-1,254	-1,083	-8.73	9.4	-118.58	-138.65
Long-Term Debt Issued	214.5	278.5	954.32	578.18	1,306	349.62
Long-Term Debt Repaid	352.11	438.44	1,950	595.76	1,244	203.3
Net Long-Term Debt Issued (Repaid)	566.61	716.94	2,904	1,174	2,550	552.92
Issuance of Common Stock	1,300	1,157	1,364	-	-2.08	-
Repurchase of Common Stock	-	-	0.01	0.47	-	0.38
Net Common Stock Issued (Repurchased)	1,300	1,157	1,364	0.47	-2.08	0.38
Common Dividends Paid	-170.8	-163.52	-120.9	-76.28	-20.7	-22.79
Other Financing Activities	-23.92	-15.81	-382.64	-34.72	-82.97	-29.04
Financing Cash Flow	968.21	817.24	-134.74	-129.06	-42.92	94.11
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.07	0.06	-0.09	0.01	0.15	-0.07
Net Cash Flow	29.5	28.39	32.61	-21.13	-13.73	-26.63
Free Cash Flow	169.19	165.88	84.15	-1.26	76.25	-61.78
Free Cash Flow Growth	2.00%	97.13%	-	-	-	-
FCF Margin	7.14%	7.34%	4.06%	-0.07%	4.64%	-4.82%
Free Cash Flow Per Share	0.97	0.99	0.64	-0.02	1.16	-1.23
Levered Free Cash Flow	763.39	866.11	2,951	1,219	2,564	485.65
Unlevered Free Cash Flow	208.78	168.49	207.85	186.75	182.64	4.89

Updated May 8, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q