Ventas, Inc. (VTR)
NYSE: VTR · Real-Time Price · USD
93.36
+1.10 (1.19%)
Aug 7, 2026, 4:00 PM EDT - Market closed
Ventas Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 272.97 | 261.52 | 88.35 | -30.3 | -40.93 | 56.56 |
Depreciation & Amortization | 1,536 | 1,411 | 1,283 | 1,415 | 1,211 | 1,215 |
Stock-Based Compensation | 42.38 | 38.73 | 30.99 | 30.99 | 30.72 | 31.97 |
Other Adjustments | -102.26 | -114.42 | -116.81 | -242.1 | -39.59 | -233.75 |
Changes in Accounts Payable | 109.42 | 81.04 | 133.97 | -6.41 | 7.2 | 16.72 |
Changes in Accrued Expenses | 11.56 | -0.92 | 27.21 | 1.25 | 4.92 | -5.92 |
Changes in Other Operating Activities | -68.9 | -30.68 | -117.36 | -48.45 | -52.9 | -54.57 |
Operating Cash Flow | 1,801 | 1,647 | 1,330 | 1,120 | 1,120 | 1,026 |
Operating Cash Flow Growth | 18.22% | 23.85% | 18.73% | -0.03% | 9.16% | -29.24% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -4,491 | -2,938 | -2,530 | -649.47 | -900.7 | -1,802 |
Sale of Property, Plant & Equipment | 116.72 | 213.16 | 329.09 | 399.53 | 112.93 | 840.44 |
Purchases of Investments | -301.81 | -0.94 | -125.36 | -2.75 | -30.7 | -0.49 |
Proceeds from Sale of Investments | 48.11 | 48.82 | 6.87 | 44.63 | 0.89 | 348.09 |
Proceeds from Business Divestments | - | - | - | 50.05 | - | - |
Other Investing Activities | -8.38 | -17.08 | -57.89 | -26.66 | -41.64 | -110.16 |
Investing Cash Flow | -4,626 | -2,694 | -2,377 | -184.66 | -859.22 | -724.14 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | 263.63 | -6.77 | -7.1 | -414.76 | 95.24 | 154.53 |
Net Short-Term Debt Issued (Repaid) | 263.63 | -6.77 | -7.1 | -414.76 | 95.24 | 154.53 |
Long-Term Debt Issued | 1,435 | 1,130 | 1,913 | 2,527 | 957.78 | 1,534 |
Long-Term Debt Repaid | -2,249 | -1,780 | -1,621 | -1,973 | -575.39 | -2,110 |
Net Long-Term Debt Issued (Repaid) | -813.98 | -649.26 | 292.12 | 554.35 | 382.39 | -575.32 |
Issuance of Common Stock | 3,926 | 2,455 | 1,991 | 110.19 | 8.69 | 625.61 |
Net Common Stock Issued (Repurchased) | 3,926 | 2,455 | 1,991 | 110.19 | 8.69 | 625.61 |
Common Dividends Paid | -927.61 | -860.06 | -740.33 | -723.56 | -720.32 | -686.89 |
Other Financing Activities | -72.17 | -64.7 | -90.39 | -69.97 | -49.93 | -76.4 |
Financing Cash Flow | 2,374 | 873.76 | 1,445 | -543.75 | -283.93 | -558.47 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -2.3 | 2.84 | -3.99 | 1.26 | -2.87 | 1.45 |
Net Cash Flow | -450.65 | -173.94 | 397.76 | 391.46 | -22.98 | -256.49 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -2,690 | -1,292 | -1,200 | 470.4 | 219.47 | -775.91 |
Free Cash Flow Growth | - | - | - | 114.34% | - | - |
FCF Margin | -42.03% | -22.31% | -24.56% | 10.54% | 5.38% | -20.76% |
Free Cash Flow Per Share | -5.58 | -2.79 | -2.88 | 1.16 | 0.54 | -2.01 |
Levered Free Cash Flow | -3,191 | -1,882 | -836.54 | 810.42 | 699.45 | -1,002 |
Unlevered Free Cash Flow | -1,930 | -660.12 | -227.61 | 1,045 | 259.25 | -411.28 |