American Healthcare REIT (AHR) Gross Margin (2017 - 2026)

American Healthcare REIT (AHR) reported Gross Margin of 16.01% for Q1 2026, up 298.0% on a YoY basis from 4.02% in Q1 2025, and down 21.89% quarter-over-quarter from 20.49% in Q4 2025.

American Healthcare REIT (AHR) Gross Margin (2017 - 2026) Analysis & Trends

American Healthcare REIT has reported Gross Margin for 10 years, with the latest figure at 16.01% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 298.0% year-over-year to 16.01%; the trailing twelve-month figure through Mar 2026 stood at 19.58% (down 89.0% YoY), and the FY2025 full-year result was 20.64%, up 52.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 16.01%, down from 20.49% in the prior quarter.
  • The five-year high for Gross Margin was 39.0% in Q4 2023, with the low at 8.37% in Q3 2022.
  • Historically, Gross Margin has averaged 16.31% across 5 years, with a median of 12.52% in 2024.
  • Annual changes were most pronounced in 2023 — Gross Margin soared 2951 bps — and 2025, when it sank 1653 bps.
  • American Healthcare REIT's Gross Margin stood at 9.49% in 2022, then surged by 311 bps to 39.0% in 2023, then declined by 5 bps to 37.02% in 2024, then plunged by 45 bps to 20.49% in 2025, then declined by 22 bps to 16.01% in 2026.
  • The last three Gross Margin figures came in at 16.01% (Q1 2026), 20.49% (Q4 2025), and 20.67% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Welltower 144.82 Bn 141.05 Bn 1.30 Bn 38.68%
2 Ventas 39.06 Bn 38.93 Bn 1.65 Bn 99.41%
3 Healthpeak Properties 13.76 Bn 14.32 Bn - -
4 Omega Healthcare Investors 12.86 Bn 13.12 Bn - -
5 American Healthcare REIT 8.89 Bn 8.81 Bn 97.60 Mn 16.01%
6 CareTrust REIT 8.47 Bn 8.48 Bn - -
7 Healthcare Realty Trust 6.83 Bn 6.83 Bn - -
8 National Health Investors 3.40 Bn 3.41 Bn - -
9 Diversified Healthcare Trust 2.05 Bn 1.93 Bn 304.41 Mn 83.06%
10 Ltc Properties 1.75 Bn 1.82 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 16.01%
Dec 31, 2025 20.49%
Sep 30, 2025 20.67%
Jun 30, 2025 21.42%
Mar 31, 2025 13.02%
Dec 31, 2024 37.02%
Sep 30, 2024 12.52%
Jun 30, 2024 12.11%
Mar 31, 2024 19.20%
Dec 31, 2023 39.00%
Sep 30, 2023 10.00%
Jun 30, 2023 9.27%
Mar 31, 2023 9.42%
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%
Jun 30, 2021 9.38%