American Healthcare REIT, Inc.
AHR Real Estate Reit Healthcare Facilities
American Healthcare REIT, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 9.15% from fiscal 2024.
- Revenue
- +29.5%
- EPS
- −57.6%
- Free cash flow
- +9.53%
- Total debt
- −64.6%
Quarter to September 2026, against a year earlier
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American Healthcare REIT, Inc. 10-Q filed Nov 6, 2026
Red flags
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Share dilution
Shares outstanding rose 31.2% in a year, to 232.1 million
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Aug 7, 2026: 3 added · 1 removed · 25 modified; 12 with only figures updated
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Modified · Overview and Background
American Healthcare REIT, Inc., a Maryland corporation, is a self-managed REIT that acquires, owns and operates a diversified portfolio of clinical healthcare real estate properties, focusing primarily on senior housing, skilled nursing facilities, outpatient medical, or OM, buildings
,and other healthcare-related facilities. We have built afully-integratedfully integrated management platform that operates clinical healthcare properties throughout the United States, and in the United Kingdom and the Isle of Man. We own and operate our integrated senior health campuses, or ISHC, and senior housing operating properties, or SHOP, utilizing the structure permitted by the REIT Investment Diversification and Empowerment Act of 2007, which is commonly referred to as a “RIDEA” structure. We have also originated and acquired secured loans and may originate and acquire other real estate-related investments in the future on an infrequent and opportunistic basis. We generally seek investments that produce current income; however, we have selectively developed, and may continue to selectively develop, healthcare real estate properties. We have elected to be taxed as a REIT for U.S. federal income tax purposes. We believe that we have been organized and operated, and we intend to continue to operate, in conformity with the requirements for qualification and taxation as a REIT under the Internal Revenue Code of 1986, or the Code.