Ventas, Inc.
VTR Real Estate Reit Healthcare Facilities
Ventas, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.8 billion, up 18.5% from fiscal 2024. In the quarter to June 2026, revenue grew 21.7%, EPS fell 6.67%, free cash flow grew 13.6% and total debt fell 2.82%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for five; insiders bought in the last twelve months.
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Ventas, Inc. (VTR) Gross margin
Ventas, Inc.'s gross margin over the twelve months to 30 June 2026 was 94.8%, up 0.4 percentage points from fiscal 2025 (94.4%). Over the past ten years it has ranged from 92.5% (fiscal 2019) to 94.4% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Reit Healthcare Facilities industry median of 92.1% and above the Real Estate sector median of 66.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 94.4% | 0.89 |
| FY2024 | 93.5% | 0.46 |
| FY2023 | 93.0% | (0.23) |
| FY2022 | 93.3% | 0.49 |
| FY2021 | 92.8% | 0.18 |
| FY2020 | 92.6% | 0.06 |
| FY2019 | 92.5% | (0.93) |
| FY2018 | 93.5% | 0.07 |
| FY2017 | 93.4% | (0.83) |
| FY2016 | 94.2% | 0.33 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 95.2% | 0.35 |
| Mar 2026 | 94.9% | 0.12 |
| Dec 2025 | 94.8% | 0.37 |
| Sep 2025 | 94.4% | 0.05 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| SBRA Sabra Healthcare REIT, Inc. compare | 100.0% |
| OHI Omega Healthcare Investors, Inc. compare | 100.0% |
| CTRE CareTrust REIT, Inc. compare | 98.4% |
| VTR Ventas, Inc. | 94.8% |
| NHI National Health Investors, Inc. compare | 76.5% |
| HR Healthcare Realty Trust Incorporated compare | 62.1% |
| DOC Healthpeak Properties, Inc. compare | 58.1% |
| WELL Welltower Inc. compare | 39.6% |
| AHR American Healthcare REIT, Inc. compare | 19.2% |
| Reit Healthcare Facilities industry median | 92.1% |
| Real Estate sector median | 66.1% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on VTR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement