Ventas, Inc. (VTR) FY2025 Annual P&L / Income Statement
2025-01-01 to 2025-12-31
Revenue by Geography
2025-01-01 to 2025-12-31
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Ventas, Inc. (VTR) FY2025 Annual P&L / Income Statement
Income statement for 2025-01-01 through 2025-12-31. View: Geography. 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
- UNITED STATES
- 5,209,830,000 US dollars
- CANADA
- 552,924,000 US dollars
- UNITED KINGDOM
- 71,226,000 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.
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- 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.

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Operating margin
3.5%
Operating profit / revenue
Cash conversion
629.7%
Operating cash / net income, same period
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