Ventas Financial Statements
NYSE: VTRReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
After hours: 82.04 0.00%
Ventas revenue and earnings
In fiscal 2025, Ventas generated $5.83 billion in revenue, up 18.5% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $261.5 million (+196.0% year over year), for a net margin of 4.5% versus a median of 1.5% in the prior 5 years. Diluted earnings per share came in at $0.54, up from $0.19.
Over the last 5 fiscal years, VTR's revenue has grown at a 9.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Ventas income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.83B | 4.92B | 4.50B | 4.13B | 3.83B | 3.80B | 3.87B | 3.75B | 3.57B | 3.44B |
| Revenue growth (YoY) | +18.47% | +9.48% | +8.93% | +7.87% | +0.86% | -2.00% | +3.39% | +4.80% | +3.79% | +4.78% |
| Interest Expense | 612.25M | 602.84M | 574.11M | 467.56M | 440.09M | 469.54M | 451.66M | 442.50M | 448.20M | 419.74M |
| Other Income (Expense) | — | — | — | — | — | — | 17.61M | -66.77M | -20.05M | — |
| Pretax Income | 204.32M | -8.00M | -115.58M | -94.14M | -162.38M | 80.59M | 359.42M | 384.82M | 584.71M | 518.51M |
| Income Tax | -14.15M | -37.77M | -9.54M | -16.93M | 4.83M | -96.53M | -56.31M | -39.95M | -59.80M | -31.34M |
| Net Income | 261.52M | 88.35M | -30.30M | -40.93M | 56.56M | 441.19M | 439.30M | 415.98M | 1.36B | 651.49M |
| Net Income growth (YoY) | +196.00% | — | — | -172.37% | -87.18% | +0.43% | +5.61% | -69.44% | +108.92% | +55.40% |
| EPS (Basic) | 0.55 | 0.20 | -0.10 | -0.12 | 0.13 | 1.18 | 1.18 | 1.15 | 3.82 | 1.88 |
| EPS (Diluted) | 0.54 | 0.19 | -0.10 | -0.12 | 0.13 | 1.17 | 1.17 | 1.14 | 3.78 | 1.86 |
| Shares Outstanding (Basic) | 455.08M | 411.77M | 401.81M | 399.55M | 382.79M | 373.37M | 365.98M | 356.26M | 355.33M | 344.70M |
| Shares Outstanding (Diluted) | 462.62M | 416.37M | 405.67M | 403.45M | 386.30M | 376.50M | 369.89M | 359.30M | 358.57M | 348.39M |
| Net Margin | 4.48% | 1.79% | -67.00% | -99.00% | 148.00% | 11.62% | 11.34% | 11.11% | 38.08% | 18.92% |
This table shows 10 annual periods of Ventas's income statement, from FY 2025 back to FY 2016, across 11 line items including revenue, interest expense, other income (expense). Values in USD; B = billions, M = millions. Fiscal periods follow VTR's reporting calendar. What is a income statement?