# Ventas, Inc.: overview

VTR · NYSE · CIK 740260 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/vtr.md) · [Financials](/companies/vtr/financials.md) · [Filings](/companies/vtr/filings.md) · [Insiders](/companies/vtr/insiders.md)

Latest reported revenue: [$1.73bn](/filings/0000740260-26-000024.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 30, 2026 (XBRL us-gaap:Revenues, accession 0000740260-26-000024).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,236](/filings/0000740260-25-000277.md) | [1,287 d](/filings/0000740260-26-000006.md) | [1,358](/filings/0000740260-26-000018.md) | [1,421](/filings/0000740260-26-000024.md) | [1,489](/filings/0000740260-25-000277.md) | [1,566 d](/filings/0000740260-26-000006.md) | [1,657](/filings/0000740260-26-000018.md) | [1,730](/filings/0000740260-26-000024.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [1.7%](/filings/0000740260-25-000277.md) | [4.6% d](/filings/0000740260-26-000006.md) | [3.6%](/filings/0000740260-26-000018.md) | [5.0%](/filings/0000740260-26-000024.md) | [4.6%](/filings/0000740260-25-000277.md) | [4.7% d](/filings/0000740260-26-000006.md) | [3.6%](/filings/0000740260-26-000018.md) | [4.2%](/filings/0000740260-26-000024.md) |
| Diluted EPS | $ per share | [0.05](/filings/0000740260-25-000277.md) | not reported | [0.10](/filings/0000740260-26-000018.md) | [0.15](/filings/0000740260-26-000024.md) | [0.14](/filings/0000740260-25-000277.md) | not reported | [0.11](/filings/0000740260-26-000018.md) | [0.14](/filings/0000740260-26-000024.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,828](/filings/0000740260-24-000067.md) | [4,129](/filings/0000740260-25-000052.md) | [4,498](/filings/0000740260-26-000006.md) | [4,924](/filings/0000740260-26-000006.md) | [5,834](/filings/0000740260-26-000006.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [1.5%](/filings/0000740260-24-000067.md) | [(1.0%)](/filings/0000740260-25-000052.md) | [(0.7%)](/filings/0000740260-26-000006.md) | [1.8%](/filings/0000740260-26-000006.md) | [4.5%](/filings/0000740260-26-000006.md) |
| Diluted EPS | $ per share | [0.13](/filings/0000740260-24-000067.md) | [(0.12)](/filings/0000740260-25-000052.md) | [(0.10)](/filings/0000740260-26-000006.md) | [0.19](/filings/0000740260-26-000006.md) | [0.54](/filings/0000740260-26-000006.md) |
| Free cash flow | $m | [(776)](/filings/0000740260-24-000067.md) | [219](/filings/0000740260-25-000052.md) | [470](/filings/0000740260-26-000006.md) | [(1,200)](/filings/0000740260-26-000006.md) | [(1,281)](/filings/0000740260-26-000006.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/vtr/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $4.95bn | 55,781,968 |  | Reduced −800,806 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $3.90bn | 43,693,905 |  | Added +8,314,756 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $3.79bn | 42,627,293 |  | Added +1,365,328 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $2.82bn | 31,759,575 |  | Added +892,730 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $2.73bn | 30,526,195 |  | Added +727,697 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $2.33bn | 26,246,531 |  | Reduced −1,004,808 |
| [PRINCIPAL FINANCIAL GROUP INC](/funds/1126328.md) | 2026-06-30 | $1.24bn | 13,969,657 |  | Reduced −1,365,423 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $1.24bn | 14,008,360 |  | Added +507,317 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $1.04bn | 11,665,969 |  | Added +1,622,098 |
| [APG Asset Management US Inc.](/funds/1323255.md) | 2026-06-30 | $1.01bn | 11,314,857 |  | Unchanged |

## Recent filings

[All 2,434 filings](/companies/vtr/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-28 | 16:23 ET | [10-Q](/filings/0000740260-26-000030.md) | Quarterly report, period 2026-09-30 | 0000740260-26-000030 |
| 2026-10-27 | 16:32 ET | [8-K](/filings/0000740260-26-000026.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000740260-26-000026 |
| 2026-09-15 | 16:10 ET | [8-K](/filings/0001104659-26-107921.md) | 5.02 Departure or appointment of officers or directors | 0001104659-26-107921 |
| 2026-07-30 | 16:33 ET | [10-Q](/filings/0000740260-26-000024.md) | Quarterly report, period 2026-06-30 | 0000740260-26-000024 |
| 2026-07-29 | 16:39 ET | [8-K](/filings/0000740260-26-000022.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000740260-26-000022 |
| 2026-06-15 | 16:02 ET | [8-K](/filings/0001104659-26-074016.md) | 5.02 Departure or appointment of officers or directors; 8.01 Other events | 0001104659-26-074016 |
| 2026-05-15 | 17:15 ET | [8-K](/filings/0001104659-26-062795.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-062795 |
| 2026-04-28 | 16:08 ET | [10-Q](/filings/0000740260-26-000018.md) | Quarterly report, period 2026-03-31 | 0000740260-26-000018 |
| 2026-04-27 | 16:33 ET | [8-K](/filings/0000740260-26-000016.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000740260-26-000016 |
| 2026-04-01 | 16:16 ET | [DEF 14A](/filings/0000740260-26-000010.md) | Proxy statement, period 2026-05-13 | 0000740260-26-000010 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000740260-26-000006.md), filed Feb 6, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/fde39a27-5201-41d5-ad65-9a0e2212afef)

## About the filer

- CIK: 740260
- Tickers: VTR
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 18:17 ET. No prices; not investment advice.