Ventas, Inc. (VTR) FY2025 Annual P&L / Income Statement

Revenue by Product and Service

2025-01-01 to 2025-12-31

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Ventas, Inc. (VTR) FY2025 Annual P&L / Income StatementIncome statement for 2025-01-01 through 2025-12-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETResident fees and servicesOutpatient Medical And Research PortfolioTriple Net Leased PropertiesIncome from loans and investmentsInterest and other incomeThird-party capital management revenuesTotal revenuesOperating profit (calculated)Operating expenses (calculated)Total expensesIncome (loss) before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interestsNet income (loss)Income tax benefitGain on real estate dispositionsIncome from unconsolidated entitiesIncome tax benefitIncome tax benefit−$14.15 MGain on real estate dispositionsGain on real estatedispositions$38.58 MIncome from unconsolidated entitiesIncome fromunconsolidatedentities$4.47 MOperating profit (calculated)Operating profit(calculated)$204.32 MTotal revenuesTotal revenues$5.83 BIncome (loss) before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interestsPretax income$204.32 MNet income (loss)Net income (loss)$261.52 MOperating expenses (calculated)Operating expenses(calculated)$5.63 BResident fees and servicesResident fees and services$4.28 BTotal expensesTotal expenses$5.63 BOutpatient Medical And Research PortfolioOutpatient MedicalAnd Research Portfolio$895.09 MTriple Net Leased PropertiesNNN$601.58 MIncome from loans and investmentsIncome from loans and investments$22.59 MInterest and other incomeInterest and other income$21.01 MThird-party capital management revenuesThird-party capitalmanagement revenues$17.55 M
Chart details

Ventas, Inc. (VTR) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
5,833,980,000 US dollars
Operating expenses (calculated)
5,629,659,000 US dollars
Operating profit (calculated)
204,321,000 US dollars
Other income (expense), net (calculated)
0 US dollars
Income (loss) before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests
204,321,000 US dollars
Income tax benefit
negative 14,150,000 US dollars
Net income (loss)
261,518,000 US dollars
Resident fees and services
4,276,163,000 US dollars
Third-party capital management revenues
17,547,000 US dollars
Income from loans and investments
22,593,000 US dollars
Outpatient Medical And Research Portfolio
895,089,000 US dollars
Triple Net Leased Properties
601,578,000 US dollars
Interest and other income
21,010,000 US dollars
Total expenses
5,629,659,000 US dollars
Gain on real estate dispositions
38,579,000 US dollars. Reported below-tax contribution to net income.
Income from unconsolidated entities
4,468,000 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.: $251.38 M; to noncontrolling interests: $10.14 M.
Ventas, Inc. (VTR) FY2025 Annual P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

3.5%

Operating profit / revenue

Cash conversion

629.7%

Operating cash / net income, same period

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