Companies / Real Estate
VTR
Ventas
Health Care REITs
Health Care REITsAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health49
Growth76
Profitability32
Cash generationn/a
Balance sheetn/a
Dilution control40
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)23.0%Revenue growth (FY)18.5%Revenue CAGR (3y)12.2%Gross margin—Operating margin—Net margin4.5%Free cash flow margin-22.0%R&D / revenue—Stock comp / revenue0.7%Net debt / operating cash flow7.45xCurrent ratio—Diluted share count change11.1%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $3.8B | $4.1B | $4.5B | $4.9B | $5.8B |
| Net income | $57M | -$41M | -$30M | $88M | $262M |
| Operating cash flow | $1.0B | $1.1B | $1.1B | $1.3B | $1.6B |
| Capital expenditure | $1.8B | $901M | $649M | $2.5B | $2.9B |
| Free cash flow | -$776M | $219M | $470M | -$1.2B | -$1.3B |
| Stock-based comp | $32M | $31M | $31M | $31M | $39M |
| Dividends | $687M | $720M | $724M | $740M | $860M |
| Cash | $150M | $123M | $509M | $898M | $741M |
| Total debt | $12.3B | $12.7B | $13.5B | $13.5B | $13.0B |
| Equity | $10.9B | $10.2B | $9.5B | $10.8B | $12.5B |
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