American Healthcare REIT (AHR) Gross Margin (2017 - 2026)
American Healthcare REIT's (AHR) quarterly Gross Margin came in at 22.16% in Q2 2026, up 74.0% on a YoY basis from 12.74% in Q2 2025, and up 4.05% quarter-over-quarter from 21.3% in Q1 2026.
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American Healthcare REIT (AHR) Gross Margin (2017 - 2026) Analysis & Trends
American Healthcare REIT (AHR) has reported Gross Margin for 10 consecutive years, with 22.16% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 74.0% year-over-year to 22.16%; the trailing twelve-month figure through Jun 2026 stood at 21.19% (up 57.0% YoY), and the FY2025 full-year result was 20.64%, up 52.0% from the prior year.
- Gross Margin improved to 22.16% in Q2 2026 per AHR's latest filing, from 21.3% in the prior quarter.
- Across five years, Gross Margin topped out at 39.0% in Q4 2023 and bottomed at 8.37% in Q3 2022.
- Historically, Gross Margin has averaged 17.78% across 5 years, with a median of 20.11% in 2024.
- The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 2951 bps in 2023, then plunged 1833 bps in 2024.
- Over 5 years, Gross Margin stood at 9.49% in 2022, then jumped by 311 bps to 39.0% in 2023, then plunged by 47 bps to 20.67% in 2024, then decreased by 1 bps to 20.49% in 2025, then grew by 8 bps to 22.16% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 22.16%, 21.3%, and 20.49% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.67 Bn | 165.71 Bn | 1.39 Bn | 39.34% |
| 2 | Ventas | 43.73 Bn | 43.53 Bn | 1.73 Bn | 99.74% |
| 3 | Omega Healthcare Investors | 14.11 Bn | 14.11 Bn | - | - |
| 4 | Healthpeak Properties | 14.09 Bn | 14.09 Bn | - | - |
| 5 | American Healthcare REIT | 10.39 Bn | 10.19 Bn | 149.41 Mn | 22.16% |
| 6 | CareTrust REIT | 9.12 Bn | 9.12 Bn | - | - |
| 7 | Healthcare Realty Trust | 6.48 Bn | 6.48 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.25 Bn | 5.25 Bn | - | - |
| 9 | Diversified Healthcare Trust | 4.46 Bn | 4.34 Bn | 298.67 Mn | 81.74% |
| 10 | National Health Investors | 3.39 Bn | 3.39 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.16% |
| Mar 31, 2026 | 21.30% |
| Dec 31, 2025 | 20.49% |
| Sep 30, 2025 | 20.67% |
| Jun 30, 2025 | 21.42% |
| Mar 31, 2025 | 20.01% |
| Dec 31, 2024 | 20.67% |
| Sep 30, 2024 | 20.37% |
| Jun 30, 2024 | 20.22% |
| Mar 31, 2024 | 19.20% |
| Dec 31, 2023 | 39.00% |
| Sep 30, 2023 | 10.00% |
| Jun 30, 2023 | 9.27% |
| Mar 31, 2023 | 18.15% |
| Dec 31, 2022 | 9.49% |
| Sep 30, 2022 | 8.37% |
| Jun 30, 2022 | 9.25% |
| Mar 31, 2022 | 9.97% |
| Dec 31, 2021 | 9.71% |
| Sep 30, 2021 | 10.48% |