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) Operating margin

Alert me on Operating margin

American Healthcare REIT, Inc.'s operating margin over the twelve months to 30 September 2026 was 6.18%, down 1.1 percentage points from fiscal 2025 (7.25%). Over the past ten years it has ranged from −2.00% (fiscal 2018) to 9.62% (fiscal 2017); the current reading is higher than 78% of that period. That is below the Reit Healthcare Facilities industry median of 13.4% and below the Real Estate sector median of 16.6%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 7.25% 0.99
FY2024 6.26% 2.46
FY2023 3.80% (1.45)
FY2022 5.25% 3.38
FY2021 1.87% (5.53)
FY2020 7.40% 0.83
FY2019 6.57% 8.57
FY2018 −2.00% (11.62)
FY2017 9.62% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 6.36% 0.07
Jun 2026 6.29% 0.32
Mar 2026 5.97% (0.06)
Dec 2025 6.03% (1.38)
38 more quarters

Against its own ten years

Low −2.00% High 9.62%
Ten-year median 6.26%
Current reading's percentile 63

Operating margin against peers

Company Operating margin
LTC LTC Properties, Inc. compare 128.8%
OHI Omega Healthcare Investors, Inc. compare 54.2%
NHI National Health Investors, Inc. compare 45.9%
SBRA Sabra Healthcare REIT, Inc. compare 17.8%
DOC Healthpeak Properties, Inc. compare 15.2%
VTR Ventas, Inc. compare 13.4%
HR Healthcare Realty Trust Incorporated compare 12.9%
AHR American Healthcare REIT, Inc. 6.18%
CTRE CareTrust REIT, Inc. compare 0.00%
Reit Healthcare Facilities industry median 13.4%
Real Estate sector median 16.6%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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