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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
Property Revenue | 1,452 | 1,497 | 1,497 | 1,486 | 1,399 | 1,448 |
Service and Other Revenue | 4,948 | 4,294 | 3,390 | 2,977 | 2,678 | 2,290 |
| 6,401 | 5,790 | 4,887 | 4,463 | 4,077 | 3,738 | |
Revenue Growth | 21.64% | 18.48% | 9.49% | 9.47% | 9.07% | 0.83% |
Property Expenses | 3,847 | 3,413 | 2,821 | 2,555 | 2,277 | 2,084 |
Service and Other Expenses | 6.67 | 6.58 | 6.51 | 6.1 | 6.19 | 4.43 |
Total Property Expenses | 3,853 | 3,420 | 2,827 | 2,561 | 2,283 | 2,088 |
Gross Profit | 2,547 | 2,370 | 2,060 | 1,902 | 1,794 | 1,650 |
Selling, General & Admin | 191.13 | 177.4 | 162.99 | 148.88 | 144.87 | 129.76 |
Depreciation & Amortization Expenses | 1,500 | 1,379 | 1,253 | 1,392 | 1,198 | 1,197 |
Other Operating Expenses | 57.22 | 40.79 | 85.7 | -7.79 | 89.15 | 84.43 |
Operating Income | 798.93 | 773.14 | 558.19 | 368.66 | 362.66 | 238.13 |
Net Gains on Disposal of Properties | 19.82 | 38.58 | 57.01 | 62.12 | 7.78 | 218.79 |
Interest Income | 34.67 | 48.07 | 38.73 | 47.99 | 80.3 | 94.77 |
Interest Expense | -628.77 | -612.25 | -602.84 | -574.11 | -467.56 | -440.09 |
Other Non-Operating Income (Expense) | -0.7 | -0.17 | -0.52 | -2.75 | 0.36 | -50.22 |
Total Non-Operating Income (Expense) | -574.99 | -525.77 | -507.61 | -466.75 | -379.13 | -176.75 |
Pretax Income | 223.95 | 247.37 | 50.58 | -98.09 | -16.47 | 61.39 |
Provision for Income Taxes | -49.02 | -14.15 | -37.78 | -9.54 | -16.93 | 4.83 |
Net Income | 272.97 | 261.52 | 88.35 | -30.3 | -40.93 | 56.56 |
Minority Interest in Earnings | 10.24 | 10.14 | 7.2 | 10.68 | 6.52 | 7.55 |
Net Income to Common | 262.73 | 251.38 | 81.15 | -40.97 | -47.45 | 49.01 |
Net Income Growth | 37.40% | 209.76% | - | - | - | -88.84% |
Shares Outstanding (Basic) | 473 | 455 | 412 | 402 | 400 | 383 |
Shares Outstanding (Diluted) | 482 | 463 | 416 | 406 | 403 | 386 |
Shares Change | 10.04% | 11.11% | 2.64% | 0.55% | 4.44% | 2.60% |
EPS (Basic) | 0.55 | 0.55 | 0.20 | -0.10 | -0.12 | 0.13 |
EPS (Diluted) | 0.54 | 0.54 | 0.19 | -0.10 | -0.12 | 0.13 |
EPS Growth | 25.58% | 184.21% | - | - | - | -88.89% |
Free Cash Flow | -2,690 | -1,292 | -1,200 | 470.4 | 219.47 | -775.91 |
Free Cash Flow Growth | - | - | - | 114.34% | - | - |
Free Cash Flow Per Share | -5.58 | -2.79 | -2.88 | 1.16 | 0.54 | -2.01 |
Dividends Per Share | 2.000 | 1.920 | 1.800 | 1.800 | 1.800 | 1.800 |
Dividend Growth | 7.53% | 6.67% | 0% | 0% | 0% | -15.99% |
Gross Margin | 39.80% | 40.94% | 42.15% | 42.62% | 44.01% | 44.13% |
Operating Margin | 12.48% | 13.35% | 11.42% | 8.26% | 8.89% | 6.37% |
Profit Margin | 4.26% | 4.52% | 1.81% | -0.68% | -1.00% | 1.51% |
FCF Margin | -42.03% | -22.31% | -24.56% | 10.54% | 5.38% | -20.76% |
EBITDA | 2,334 | 2,185 | 1,841 | 1,784 | 1,573 | 1,453 |
EBITDA Margin | 36.47% | 37.73% | 37.68% | 39.96% | 38.59% | 38.88% |
EBIT | 798.93 | 773.14 | 558.19 | 368.66 | 362.66 | 238.13 |
EBIT Margin | 12.48% | 13.35% | 11.42% | 8.26% | 8.89% | 6.37% |
Effective Tax Rate | -21.89% | -5.72% | -74.69% | 9.72% | 102.76% | 7.86% |