American Healthcare REIT (AHR) Operating Leases (2016 - 2026)
American Healthcare REIT's (AHR) quarterly Operating Leases came in at $124.9 million in Q2 2026, down 15.76% on a YoY basis from $148.2 million in Q2 2025, and down 4.55% quarter-over-quarter from $130.8 million in Q1 2026.
Analysis
American Healthcare REIT (AHR) Operating Leases (2016 - 2026) Analysis & Trends
American Healthcare REIT (AHR) has reported Operating Leases for 11 consecutive years, with $124.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases fell 15.76% year-over-year to $124.9 million; the trailing twelve-month figure through Jun 2026 stood at $124.9 million (down 15.76% YoY), and the FY2025 full-year result was $135.6 million, down 17.94% from the prior year.
- Operating Leases slipped to $124.9 million in Q2 2026 per AHR's latest filing, from $130.8 million in the prior quarter.
- Across five years, Operating Leases topped out at $273.1 million in Q4 2022 and bottomed at $104.2 million in Q2 2022.
- Historically, Operating Leases has averaged $185.6 million across 5 years, with a median of $169.7 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Leases soared 2498.34% in 2022, then tumbled 32.02% in 2024.
- Over 5 years, Operating Leases stood at $273.1 million in 2022, then fell by 17.42% to $225.5 million in 2023, then retreated by 26.72% to $165.2 million in 2024, then dropped by 17.94% to $135.6 million in 2025, then dropped by 7.92% to $124.9 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $124.9 million, $130.8 million, and $135.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 170.25 Bn | 169.31 Bn | 1.39 Bn |
| 2 | Ventas | 46.29 Bn | 46.60 Bn | 1.73 Bn |
| 3 | Healthpeak Properties | 14.22 Bn | 15.84 Bn | - |
| 4 | Omega Healthcare Investors | 13.87 Bn | 14.12 Bn | - |
| 5 | American Healthcare REIT | 10.65 Bn | 10.51 Bn | 149.41 Mn |
| 6 | CareTrust REIT | 9.21 Bn | 9.22 Bn | - |
| 7 | Healthcare Realty Trust | 6.55 Bn | 6.61 Bn | - |
| 8 | Sabra Health Care REIT | 5.31 Bn | 5.31 Bn | - |
| 9 | Diversified Healthcare Trust | 4.63 Bn | 4.51 Bn | 298.67 Mn |
| 10 | National Health Investors | 3.43 Bn | 3.44 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 124.86 Mn |
| Mar 31, 2026 | 130.81 Mn |
| Dec 31, 2025 | 135.60 Mn |
| Sep 30, 2025 | 141.28 Mn |
| Jun 30, 2025 | 148.22 Mn |
| Mar 31, 2025 | 153.59 Mn |
| Dec 31, 2024 | 165.24 Mn |
| Sep 30, 2024 | 174.21 Mn |
| Jun 30, 2024 | 178.59 Mn |
| Mar 31, 2024 | 219.77 Mn |
| Dec 31, 2023 | 225.50 Mn |
| Sep 30, 2023 | 231.15 Mn |
| Jun 30, 2023 | 262.72 Mn |
| Mar 31, 2023 | 268.59 Mn |
| Dec 31, 2022 | 273.08 Mn |
| Sep 30, 2022 | 260.38 Mn |
| Jun 30, 2022 | 104.19 Mn |
| Mar 31, 2022 | 142.62 Mn |
| Dec 31, 2021 | 145.49 Mn |
| Sep 30, 2021 | 10.02 Mn |