VTR
Ventas Inc
NYSE: VTR · REAL ESTATE · REIT - HEALTHCARE FACILITIES
$87.37
-0.23% today
Updated 2026-04-29
Market cap
$42.47B
P/E ratio
158.85
P/S ratio
6.95x
EPS (TTM)
$0.55
Dividend yield
2.24%
52W range
$61 – $88
Volume
3.5M
Ventas Inc (VTR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $418.45M | $771.79M | $929.77M | $931.58M | $1.02B | $1.76B | $2.49B | $2.81B | $3.08B | $3.29B | $3.44B | $3.57B | $3.75B | $3.87B | $3.80B | $3.83B | $4.13B | $4.50B | $4.92B | $5.83B |
| Revenue growth (YoY) | — | +84.4% | +20.5% | +0.2% | +9.2% | +73.6% | +40.8% | +13.1% | +9.5% | +6.8% | +4.8% | +3.8% | +4.8% | +3.4% | -2.0% | +0.9% | +7.9% | +8.9% | +9.5% | +18.5% |
| Cost of revenue | $148.96M | $198.13M | $306.94M | $302.81M | $325.47M | $678.64M | $979.23M | $1.12B | $1.21B | $1.41B | $1.44B | $1.49B | $1.69B | $1.81B | $1.94B | $2.09B | $2.28B | $2.56B | $2.83B | $6.18B |
| Gross profit | $418.45M | $573.67M | $622.82M | $628.76M | $691.40M | $1.09B | $1.51B | $1.69B | $1.86B | $1.88B | $2.00B | $2.09B | $2.05B | $2.06B | $1.86B | $1.74B | $1.85B | $1.94B | $2.10B | $-344.22M |
| Gross margin | 100.0% | 74.3% | 67.0% | 67.5% | 68.0% | 61.5% | 60.6% | 60.2% | 60.6% | 57.1% | 58.1% | 58.4% | 54.8% | 53.2% | 48.9% | 45.4% | 44.7% | 43.1% | 42.6% | -5.9% |
| R&D | — | — | — | $0.00 | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $26.14M | $36.42M | $36.42M | $38.83M | $49.83M | $74.54M | $98.80M | $115.11M | $121.75M | $128.03M | $126.88M | $135.49M | $151.98M | $166.00M | $130.16M | $129.76M | $144.87M | $148.88M | $162.99M | $177.40M |
| Operating income | $125.42M | $126.32M | $145.28M | $208.12M | $52.22M | $51.17M | $693.64M | $835.80M | $875.84M | $834.72M | $556.79M | $622.09M | $861.09M | $857.88M | $591.44M | $421.43M | $483.85M | $415.51M | $681.23M | $826.81M |
| Operating margin | 30.0% | 16.4% | 15.6% | 22.3% | 5.1% | 2.9% | 27.9% | 29.7% | 28.5% | 25.4% | 16.2% | 17.4% | 23.0% | 22.2% | 15.6% | 11.0% | 11.7% | 9.2% | 13.8% | 14.2% |
| EBITDA | $399.04M | $549.60M | $584.19M | $578.87M | $609.50M | $1.00B | $1.42B | $1.59B | $1.70B | $1.81B | $1.95B | $1.95B | $1.80B | $1.90B | $1.94B | $1.72B | $1.62B | $1.95B | $1.94B | $2.24B |
| EBITDA margin | 95.4% | 71.2% | 62.8% | 62.1% | 59.9% | 56.7% | 57.1% | 56.5% | 55.4% | 55.2% | 56.6% | 54.5% | 48.0% | 49.1% | 51.2% | 44.8% | 39.2% | 43.3% | 39.3% | 38.4% |
| EBIT | $279.39M | $312.10M | $348.47M | $371.26M | $394.79M | $541.06M | $693.64M | $835.80M | $875.84M | $834.72M | $-492.57M | $-549.41M | $-1.00B | $834.65M | $814.19M | $501.48M | $409.70M | $534.28M | $653.41M | $859.61M |
| Interest expense | $136.54M | $204.22M | $203.18M | $176.99M | $178.86M | $236.81M | $293.40M | $334.48M | $376.84M | $367.11M | $419.74M | $448.20M | $442.50M | $451.66M | $469.54M | $440.09M | $467.56M | $574.11M | $602.84M | $612.25M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $131.43M | $282.32M | $226.29M | $266.50M | $246.17M | $364.49M | $362.80M | $453.51M | $475.77M | $417.84M | $649.23M | $1.36B | $409.47M | $433.02M | $439.15M | $49.01M | $-47.45M | $-40.97M | $81.15M | $251.38M |
| Net income growth (YoY) | — | +114.8% | -19.8% | +17.8% | -7.6% | +48.1% | -0.5% | +25.0% | +4.9% | -12.2% | +55.4% | +108.9% | -69.8% | +5.8% | +1.4% | -88.8% | -196.8% | +13.6% | +298.1% | +209.8% |
| Profit margin | 31.4% | 36.6% | 24.3% | 28.6% | 24.2% | 20.7% | 14.6% | 16.1% | 15.5% | 12.7% | 18.9% | 38.0% | 10.9% | 11.2% | 11.6% | 1.3% | -1.1% | -0.9% | 1.6% | 4.3% |