American Healthcare REIT (AHR) Invested Capital (2016 - 2026)
American Healthcare REIT's Invested Capital was $4.62 billion in Q2 2026, up 33.9% from $3.45 billion a year earlier and up 2.9% from the prior quarter.
American Healthcare REIT (AHR) Invested Capital (2016 - 2026) Analysis & Trends
For FY2025, Invested Capital at American Healthcare REIT came in at $4.33 billion, up 31.7% from FY2024.
- Invested Capital shows a five-year compound annual growth rate of 18.6% (FY2020 to FY2025).
- In earlier years, Invested Capital was $3.29 billion in FY2024 (+20.5%), $2.73 billion in FY2023 (-2.5%), $2.8 billion in FY2022 (-1.9%) and $2.85 billion in FY2021 (+54.6%).
- The Q2 2026 figure marks the highest quarterly Invested Capital in data going back to Q3 2016.
- Compared with a year earlier, Invested Capital has increased for five straight quarters, with growth averaging 19.9% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q3 2021 (growth of 256.4%); the worst was Q3 2023 (a decline of 3.7%).
- Per Business Quant data, AHR's Invested Capital in the three quarters before Q2 2026 was $4.48 billion (Q1 2026), $4.33 billion (Q4 2025) and $3.69 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn | 61.73 Bn |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - | - |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - | 46.09 Bn |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - | - |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - | 13.79 Bn |
| 10 | American Healthcare REIT | 9.88 Bn | 9.25 Bn | 149.41 Mn | 4.62 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.62 Bn |
| Mar 31, 2026 | 4.48 Bn |
| Dec 31, 2025 | 4.33 Bn |
| Sep 30, 2025 | 3.69 Bn |
| Jun 30, 2025 | 3.45 Bn |
| Mar 31, 2025 | 3.30 Bn |
| Dec 31, 2024 | 3.29 Bn |
| Sep 30, 2024 | 3.54 Bn |
| Jun 30, 2024 | 3.33 Bn |
| Mar 31, 2024 | 3.36 Bn |
| Dec 31, 2023 | 2.73 Bn |
| Sep 30, 2023 | 2.69 Bn |
| Jun 30, 2023 | 2.73 Bn |
| Mar 31, 2023 | 2.76 Bn |
| Dec 31, 2022 | 2.80 Bn |
| Sep 30, 2022 | 2.80 Bn |
| Jun 30, 2022 | 2.82 Bn |
| Mar 31, 2022 | 2.83 Bn |
| Dec 31, 2021 | 2.85 Bn |
| Sep 30, 2021 | 2.06 Bn |
American Healthcare REIT Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=AHR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "AHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=AHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();