Ventas, Inc. (VTR) Stock Analysis
Real Estate · REIT - Healthcare Facilities · NYSE
Ventas, Inc. (VTR) posted $5.83B in revenue for fiscal 2025 (up 18.5% year over year), at a 4.3% net margin, and has compounded revenue about 9.0%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Ventas, Inc.
Ventas, Inc. has grown revenue from $3.44B to $5.83B over the last 10 fiscal years, compounding about 9% a year. The most recent year was up 18.5%, so growth is actually accelerating.
Net margin sits at 4.3%, up 2.7 points year over year. It carries about $13.01B of total debt.
The one thing worth a second look in the filings is share count rising (dilution).
Synthesised from Ventas, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Ventas, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.44B | $3.57B | $3.75B | $3.87B | $3.80B | $3.83B | $4.13B | $4.50B | $4.92B | $5.83B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $651.49M | $1.36B | $415.98M | $439.30M | $441.19M | $56.56M | $-47.45M | $-40.97M | $81.15M | $251.38M |
| Net margin | 18.9% | 38.1% | 11.1% | 11.3% | 11.6% | 1.5% | -1.1% | -0.9% | 1.6% | 4.3% |
Source: Ventas, Inc. SEC filings (10-K). 19 years of history available in the interactive view.
Ventas, Inc.: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Share count rising (dilution)Shares outstanding grew 18.8% over 3 years (399.7M → 474.9M) — existing holders' stakes are being diluted.
- Heavy debt loadTotal debt of $13011M is 7.9× last year's operating cash flow — it would take years of cash flow to clear.
Explore 19 years of Ventas, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Ventas, Inc. financial history by metric
Compare Ventas, Inc. with peers
About Ventas, Inc.
Ventas, Inc. is an S&P 500 company enabling exceptional environments that benefit a large and growing aging population. With approximately 1,450 properties in North America and the United Kingdom, Ventas occupies an essential role in the longevity economy. The Company's growth is fueled by its more than 900 senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments. Ventas aims to deliver outsized performance by leveraging its operational expertise, data-driven insights from its Ventas OITM platform, extensive relationships and strong financial position. The Ventas portfolio also includes outpatient medical buildings, research centers and healthcare facilities. Ventas, Inc. is based in Illinois, Chicago. Ventas, Inc. was incorporated in 1983 in Maryland.
Ventas, Inc. — frequently asked questions
What is Ventas, Inc.'s revenue?
Ventas, Inc. (VTR) reported revenue of $5.83B for fiscal year 2025, up 18.5% from the prior year, according to its SEC filings.
Is Ventas, Inc. profitable?
Yes. VTR earned net income of $251.38M in fiscal 2025, a net margin of 4.3%.
What is VTR's P/E ratio?
Ventas, Inc. trades at a price-to-earnings ratio of about 170.0 based on the latest data in our nightly-refreshed cache.
How fast is Ventas, Inc. growing?
VTR's revenue grew at roughly 9.0% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Ventas, Inc. have?
As of fiscal year 2025, VTR carried roughly $13.01B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Ventas, Inc.'s market cap?
Ventas, Inc. (VTR) has a market capitalization of about $47.97B, based on the latest data in our nightly-refreshed cache.
When does Ventas, Inc.'s fiscal year end?
VTR's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Ventas, Inc.'s official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.