Ventas Cash Flow Statement
NYSE: VTRReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
Ventas free cash flow
In fiscal 2025, Ventas generated $1.65 billion of operating cash flow and spent $2.93 billion on capital expenditures. That left free cash flow of -$1.28 billion, a free-cash-flow margin of -22.0% of revenue. Ventas returned $860.1 million to shareholders through dividends.
Summary generated from market data by MetaCap's automated system. Methodology
Ventas cash flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Depreciation & Amortization | 1.38B | 1.25B | 1.39B | 1.20B | 1.20B | 1.11B | 1.05B | 919.64M | 887.95M | 898.92M |
| Stock-Based Compensation | 38.73M | 30.99M | 30.99M | 30.71M | 31.97M | 21.49M | 33.92M | 29.96M | 26.54M | 20.96M |
| Change in Working Capital | 50.35M | 16.61M | -54.85M | -45.70M | -37.85M | 121.55M | -50.03M | -60.71M | -64.54M | -50.78M |
| Operating Cash Flow | 1.65B | 1.33B | 1.12B | 1.12B | 1.03B | 1.45B | 1.44B | 1.38B | 1.43B | 1.35B |
| Capital Expenditures | -2.93B | -2.53B | -649.47M | -900.70M | -1.80B | -607.30M | -156.72M | -131.86M | -132.56M | -117.46M |
| Investing Cash Flow | -2.69B | -2.38B | -184.66M | -859.22M | -724.14M | 154.29M | -1.59B | 324.50M | -937.11M | -1.21B |
| Dividends Paid | -860.06M | -740.33M | -723.56M | -720.32M | -686.89M | -928.81M | -1.16B | -1.13B | -827.28M | -1.02B |
| Debt Issued | 1.13B | 1.91B | 2.53B | 957.78M | 1.53B | 733.30M | 3.01B | 2.55B | 1.11B | 893.22M |
| Financing Cash Flow | 873.76M | 1.45B | -543.75M | -283.93M | -558.47M | -1.30B | 160.67M | -1.76B | -671.33M | 96.84M |
| Net Change in Cash | -173.94M | 397.76M | 391.46M | -22.98M | -256.49M | 304.45M | 13.16M | -55.97M | -179.68M | — |
| Free Cash Flow | -1.28B | -1.20B | 470.40M | 219.47M | -775.90M | 842.88M | 1.28B | 1.25B | 1.30B | 1.24B |
This table shows 10 annual periods of Ventas's cash flow statement, from FY 2025 back to FY 2016, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow VTR's reporting calendar. What is a cash flow statement?