# Ventas, Inc. (VTR) FY2024 Annual P&L / Income Statement

- Company: Ventas, Inc. (VTR)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-13, accession number 0000740260-25-000052
- Page: https://plicit.ai/financials/vtr/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/vtr-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-01-01 through 2024-12-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 4,924,266,000 US dollars
- **Operating expenses (calculated)**: 4,932,262,000 US dollars
- **Operating profit (calculated)**: negative 7,996,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Loss before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests**: negative 7,996,000 US dollars
- **Income tax benefit**: negative 37,775,000 US dollars
- **Net income (loss)**: 88,351,000 US dollars
- **Resident fees and services**: 3,372,796,000 US dollars
- **Third-party capital management revenues**: 17,359,000 US dollars
- **Income from loans and investments**: 9,057,000 US dollars
- **Outpatient Medical And Research Portfolio**: 874,886,000 US dollars
- **Triple Net Leased Properties**: 622,054,000 US dollars
- **Interest and other income**: 28,114,000 US dollars
- **Total expenses**: 4,932,262,000 US dollars
- **Gain on real estate dispositions**: 57,009,000 US dollars. Reported below-tax contribution to net income.
- **Income from unconsolidated entities**: 1,563,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to Ventas, Inc.: $81.15 M; to noncontrolling interests: $7.20 M.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/vtr/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/vtr-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 4,924,266,000 US dollars
- **Operating expenses (calculated)**: 4,932,262,000 US dollars
- **Operating profit (calculated)**: negative 7,996,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Loss before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests**: negative 7,996,000 US dollars
- **Income tax benefit**: negative 37,775,000 US dollars
- **Net income (loss)**: 88,351,000 US dollars
- **UNITED STATES**: 4,366,953,000 US dollars
- **CANADA**: 526,575,000 US dollars
- **UNITED KINGDOM**: 30,738,000 US dollars
- **Total expenses**: 4,932,262,000 US dollars
- **Gain on real estate dispositions**: 57,009,000 US dollars. Reported below-tax contribution to net income.
- **Income from unconsolidated entities**: 1,563,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to Ventas, Inc.: $81.15 M; to noncontrolling interests: $7.20 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/vtr/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/vtr-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 4,924,266,000 US dollars
- **Operating expenses (calculated)**: 4,932,262,000 US dollars
- **Operating profit (calculated)**: negative 7,996,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Loss before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests**: negative 7,996,000 US dollars
- **Income tax benefit**: negative 37,775,000 US dollars
- **Net income (loss)**: 88,351,000 US dollars
- **Senior Living Operations**: 3,372,796,000 US dollars
- **Triple Net Leased Properties**: 622,054,000 US dollars
- **Outpatient medical and research portfolio (OM&R)**: 877,591,000 US dollars
- **Total expenses**: 4,932,262,000 US dollars
- **Revenue before reconciliation (calculated)**: 4,872,441,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Non-Segment**: 51,825,000 US dollars. Reported reconciliation to consolidated revenue.
- **Gain on real estate dispositions**: 57,009,000 US dollars. Reported below-tax contribution to net income.
- **Income from unconsolidated entities**: 1,563,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to Ventas, Inc.: $81.15 M; to noncontrolling interests: $7.20 M.