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) Operating margin
Ventas, Inc.'s operating margin over the twelve months to 30 June 2026 was 13.9%, down 0.8 percentage points from fiscal 2025 (14.7%). Over the past ten years it has ranged from 8.79% (fiscal 2023) to 29.8% (fiscal 2017); the current reading is higher than 45% of that period. That is below the Reit Healthcare Facilities industry median of 21.1% and below the Real Estate sector median of 18.8%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 14.7% | 0.87 |
| FY2024 | 13.8% | 5.04 |
| FY2023 | 8.79% | (3.41) |
| FY2022 | 12.2% | 1.43 |
| FY2021 | 10.8% | (5.45) |
| FY2020 | 16.2% | (5.93) |
| FY2019 | 22.2% | (4.25) |
| FY2018 | 26.4% | (3.38) |
| FY2017 | 29.8% | 1.45 |
| FY2016 | 28.3% | 2.34 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 13.4% | 0.85 |
| Mar 2026 | 12.6% | (2.42) |
| Dec 2025 | 15.0% | 0.12 |
| Sep 2025 | 14.9% | 0.56 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| CTRE CareTrust REIT, Inc. compare | 65.8% |
| OHI Omega Healthcare Investors, Inc. compare | 61.9% |
| NHI National Health Investors, Inc. compare | 45.9% |
| SBRA Sabra Healthcare REIT, Inc. compare | 18.2% |
| DOC Healthpeak Properties, Inc. compare | 16.5% |
| VTR Ventas, Inc. | 13.9% |
| HR Healthcare Realty Trust Incorporated compare | 11.3% |
| AHR American Healthcare REIT, Inc. compare | 6.40% |
| WELL Welltower Inc. compare | 4.24% |
| Reit Healthcare Facilities industry median | 21.1% |
| Real Estate sector median | 18.8% |
| 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
More on VTR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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