FY2025 · ended Dec 31, 2025 · Revenue $5.83B, +18.5% YoY · Filed Feb 6, 2026
Ventas, Inc. (VTR) files with the SEC under industry code 6798, Real Estate Investment Trusts. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $5.8 billion and net income of $261.5 million. Free cash flow was -$1.3 billion. As of Sep 30, 2026 it held $202.0 million in cash and investments and $12.7 billion in total debt.
Revenue (TTM)
$6.78B
+22.1% vs year-ago TTM
Net income (TTM)
$271.54M
+9.8% vs year-ago TTM
Operating cash flow (TTM)
$1.91B
+23.5% vs year-ago TTM
Free cash flow
$-1.28B
-6.8% vs prior year
EPS (TTM)
$0.53
-0.4% vs year-ago TTM
Dividend per share (TTM)
$2.04
+7.9% vs year-ago TTM
Shares outstanding
474.97M
+8.7% vs prior year
Net cash
$-12.48B
as of Sep 30, 2026
Operating margin
—
Company profile
- Industry
- Real Estate Investment Trusts (SIC 6798)
- Listed as
- VTR (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Chicago, IL
- SEC filer status
- Large accelerated filer
- SEC CIK
- 740260
- Former names
- VENTAS INC (until Jun 25, 2019); VENCOR INC (until Feb 10, 1998)
Other Real Estate Investment Trusts companies
- Welltower Inc. WELL
- Prologis, Inc. PLD
- Equinix Inc EQIX
- American Tower Corp /MA/ AMT
- Simon Property Group Inc. SPG
- Digital Realty Trust, Inc. DLR
- Public Storage PSA
- Realty Income Corp O
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $5.8B | $4.9B | $4.5B | $4.1B | $3.8B |
| Net income | $261.5M | $88.4M | -$30.3M | -$40.9M | $56.6M |
| Diluted EPS | $0.54 | $0.19 | -$0.10 | -$0.12 | $0.13 |
| Operating cash flow | $1.6B | $1.3B | $1.1B | $1.1B | $1.0B |
| Free cash flow | -$1.3B | -$1.2B | $470.4M | $219.5M | -$775.9M |
| Total assets | $27.6B | $26.2B | $24.7B | $24.2B | $24.7B |
| Total liabilities | $14.6B | $15.0B | $14.9B | $13.7B | $13.5B |
| Stockholders' equity | $12.5B | $10.8B | $9.5B | $10.2B | $10.9B |
| Cash and investments | $741.1M | $897.9M | $508.8M | $122.6M | $149.7M |
| Total debt | $13.2B | $13.7B | $13.7B | $12.9B | $12.5B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 28, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 27, 2026 | Oct 27, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 15, 2026 | Sep 10, 2026 |
| 10-Q | Quarterly report | Jul 30, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 29, 2026 | Jul 29, 2026 |
| 8-K |
Current report
Officer or director change, Other events
|
Jun 15, 2026 | Jun 15, 2026 |
All 1004 Ventas, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.