American Healthcare REIT (AHR) EBITDA (2016 - 2026)
American Healthcare REIT's (AHR) quarterly EBITDA came in at -$435.8 million in Q2 2026, down 27.21% on a YoY basis from -$598.7 million in Q2 2025, and down 1.69% quarter-over-quarter from -$428.6 million in Q1 2026.
Analysis
American Healthcare REIT (AHR) EBITDA (2016 - 2026) Analysis & Trends
American Healthcare REIT (AHR) has reported EBITDA for 11 consecutive years, with -$435.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA fell 27.21% year-over-year to -$435.8 million; the trailing twelve-month figure through Jun 2026 stood at -$1.6 billion (down 17.22% YoY), and the FY2025 full-year result was -$1.5 billion, down 7.32% from the prior year.
- EBITDA slipped to -$435.8 million in Q2 2026 per AHR's latest filing, from -$428.6 million in the prior quarter.
- Across five years, EBITDA topped out at -$173.1 million in Q4 2023 and bottomed at -$435.8 million in Q2 2026.
- Historically, EBITDA has averaged -$346.4 million across 5 years, with a median of -$348.6 million in 2024.
- The sharpest annual moves came in 2023 and 2024: EBITDA surged 51.89% in 2023, then tumbled 103.0% in 2024.
- Over 5 years, EBITDA stood at -$359.9 million in 2022, then soared by 51.89% to -$173.1 million in 2023, then sank by 103.0% to -$351.5 million in 2024, then dropped by 14.08% to -$401.0 million in 2025, then fell by 8.69% to -$435.8 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$435.8 million, -$428.6 million, and -$401.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 168.08 Bn | 166.11 Bn | 1.39 Bn | -1.83 Bn |
| 2 | Ventas | 44.20 Bn | 44.00 Bn | 1.73 Bn | 49.79 Mn |
| 3 | Omega Healthcare Investors | 14.08 Bn | 14.08 Bn | - | 330.91 Mn |
| 4 | Healthpeak Properties | 14.04 Bn | 14.04 Bn | - | 59.68 Mn |
| 5 | American Healthcare REIT | 10.44 Bn | 10.24 Bn | 149.41 Mn | -435.80 Mn |
| 6 | CareTrust REIT | 9.11 Bn | 9.11 Bn | - | 106.10 Mn |
| 7 | Healthcare Realty Trust | 6.44 Bn | 6.44 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.25 Bn | 5.25 Bn | - | 3.01 Mn |
| 9 | Diversified Healthcare Trust | 4.48 Bn | 4.36 Bn | 298.67 Mn | -4.69 Mn |
| 10 | National Health Investors | 3.41 Bn | 3.41 Bn | - | 71.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -435.80 Mn |
| Mar 31, 2026 | -428.55 Mn |
| Dec 31, 2025 | -400.98 Mn |
| Sep 30, 2025 | -372.41 Mn |
| Jun 30, 2025 | -342.58 Mn |
| Mar 31, 2025 | -357.42 Mn |
| Dec 31, 2024 | -351.50 Mn |
| Sep 30, 2024 | -345.69 Mn |
| Jun 30, 2024 | -334.03 Mn |
| Mar 31, 2024 | -341.69 Mn |
| Dec 31, 2023 | -173.15 Mn |
| Sep 30, 2023 | -372.28 Mn |
| Jun 30, 2023 | -369.35 Mn |
| Mar 31, 2023 | -325.42 Mn |
| Dec 31, 2022 | -359.92 Mn |
| Sep 30, 2022 | -336.47 Mn |
| Jun 30, 2022 | -298.88 Mn |
| Mar 31, 2022 | -289.81 Mn |
| Dec 31, 2021 | -306.64 Mn |
| Sep 30, 2021 | -249.15 Mn |