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Ventas, Inc. VTR

Listed / Traded Health Care NYSE Mgmt:

As an S&P 500 company, Ventas operates strategically at the nexus of the dynamic healthcare and real estate industries. We stand as one of the world's foremost Real Estate Investment Trusts (REITs), utilizing financial capital to unlock property value. Our partnerships extend to leading care providers, developers, research and medical institutions, innovators, and healthcare organizations, all of whom benefit from the significant demographic trend of an aging population. For over two decades, Ventas has pursued a steadfast and effective strategy: maintaining a high-quality, diverse portfolio of assets and varied capital streams to skillfully navigate market fluctuations. A dedicated and experienced team collaborates with industry-leading partners to generate consistent, increasing cash flows and superior returns on a strong balance sheet, ultimately enriching Ventas's shareholders. As of September 30, 2020, Ventas either owned outright or managed through unconsolidated joint ventures approximately 1,200 properties.

Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-06 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K

Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.

Snapshot

Price
$96.24
Market cap
$46.79B
Enterprise value
$59.33B
Dividend yieldi
2.16%
Annual dividendi
$2.08
Frequency
Quarterly
FFO / sharei
$0.90 · Q1 2026
Normalized FFO / sharei
$0.94 · Q1 2026
Net debt / EBITDAi
5.00x · Adj. EBITDA
Op. cash flow / sharei
$3.63
Price / OCFi
26.49
Payout (% of OCF)i
57.26%
Debt / book capitali
49.23%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / Normalized FFO / leverage are from the Q1 2026 earnings release (filed 2026-04-27) — 8-K, EX-99.1 ✓ Verified to filing.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

$10,000 invested

103shares (~$96.24 each)
$216est. dividends / year
$18≈ per month
2.16%current yield

Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.

Model VTR yourself — any amount, shares, per-payment & a multi-year DRIP projection →

Balance sheet (latest FY: 2025)

Total debt
$13.22B
Cash
$741.07M
Net debt / EBITDAi
5.11x
Debt / book capitali
49.23%
Total assets
$27.59B
Total equity
$12.53B
Sponsored
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $5.83B $251.38M $1.38B $2.24B $1.68B
2024 $4.92B $81.15M $1.28B $1.94B $1.34B
2023 $4.50B $-40.97M $1.41B $1.95B $1.19B
2022 $4.13B $-47.45M $1.21B $1.62B $1.15B
2021 $3.83B $49.01M $1.22B $1.72B $1.04B
2020 $3.80B $439.15M $1.13B $1.94B $1.45B

Dividends

Recent regular dividends per share (special distributions excluded), oldest → newest.

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-302026-06-302026-07-16 2026-05-13$0.52Quarterly
2026-03-312026-03-312026-04-16 2026-02-05$0.52Quarterly
2025-12-312025-12-312026-01-15 2025-12-10$0.48Quarterly
2025-09-302025-09-302025-10-16 2025-09-18$0.48Quarterly
2025-06-302025-06-302025-07-17 2025-05-13$0.48Quarterly
2025-03-312025-03-312025-04-17 2025-02-12$0.48Quarterly
2024-12-312024-12-312025-01-16 2024-12-10$0.45Quarterly
2024-10-012024-10-012024-10-17 2024-09-17$0.45Quarterly
2024-07-012024-07-012024-07-18 2024-05-14$0.45Quarterly
2024-03-282024-04-012024-04-18 2024-03-12$0.45Quarterly
2023-12-292024-01-022024-01-18 2023-12-05$0.45Quarterly
2023-09-292023-10-022023-10-12 2023-09-13$0.45Quarterly
2023-06-302023-07-032023-07-13 2023-05-16$0.45Quarterly
2023-03-312023-04-032023-04-13 2023-03-14$0.45Quarterly
2022-12-302023-01-032023-01-19 2022-12-07$0.45Quarterly
2022-09-302022-10-032022-10-14 2022-09-16$0.45Quarterly
2022-06-302022-07-012022-07-14 2022-05-25$0.45Quarterly
2022-03-312022-04-012022-04-14 2022-03-16$0.45Quarterly
2021-12-312022-01-032022-01-19 2021-12-07$0.45Quarterly
2021-09-302021-10-012021-10-14 2021-09-14$0.45Quarterly
2021-06-302021-07-012021-07-14 2021-05-25$0.45Quarterly
2021-03-312021-04-012021-04-14 2021-03-17$0.45Quarterly
2020-12-312021-01-042021-01-20 2020-12-11$0.45Quarterly
2020-09-302020-10-012020-10-13 2020-09-18$0.45Quarterly

Coverage (payout of operating cash flow): 57.26%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Recent news — VTR

Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.

Other Health Care REITs

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

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