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

57.92 1.88 +3.35%
Market cap
$12.3B
P/E
118×
Fwd P/E
86.5×
Dividend yield
1.73%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

American Healthcare REIT, Inc. (AHR) Free cash flow margin

Alert me on Free cash flow margin

American Healthcare REIT, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 15.8%, up 6.2 percentage points from fiscal 2025 (9.56%). Over the past ten years it has ranged from −4.47% (fiscal 2021) to 33.9% (fiscal 2017); the current reading is higher than 56% of that period. That is in line with the Reit Healthcare Facilities industry median of 15.8% and above the Real Estate sector median of 12.2%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 9.56% (1.33)
FY2024 10.9% 1.07
FY2023 9.82% 2.24
FY2022 7.58% 12.05
FY2021 −4.47% (12.78)
FY2020 8.31% 6.20
FY2019 2.11% (11.11)
FY2018 13.2% (20.63)
FY2017 33.9% —

Against its own ten years

Low −4.47% High 33.9%
Ten-year median 9.56%
Current reading's percentile 56

Free cash flow margin against peers

Company Free cash flow margin
HR Healthcare Realty Trust Incorporated compare 99.5%
CTRE CareTrust REIT, Inc. compare 81.4%
OHI Omega Healthcare Investors, Inc. compare 25.7%
VTR Ventas, Inc. compare 21.5%
AHR American Healthcare REIT, Inc. 15.8%
NHI National Health Investors, Inc. compare −13.3%
SBRA Sabra Healthcare REIT, Inc. compare −30.5%
DOC Healthpeak Properties, Inc. compare −55.0%
LTC LTC Properties, Inc. compare −159.9%
Reit Healthcare Facilities industry median 15.8%
Real Estate sector median 12.2%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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