American Healthcare REIT (AHR) Operating Margin (2016 - 2026)
American Healthcare REIT's (AHR) quarterly Operating Margin came in at 84.35% in Q1 2026, up 363.0% YoY from 18.22% in Q1 2025, and up 1.71% on a QoQ basis from 85.81% in Q4 2025.
American Healthcare REIT (AHR) Operating Margin (2016 - 2026) Analysis & Trends
American Healthcare REIT (AHR) has 11 years of Operating Margin data on file, last reported at 84.35% in Q1 2026.
- Quarterly Operating Margin rose 363.0% year-over-year to 84.35% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 81.47% (up 2275.0% YoY) and the FY2025 annual result came in at 85.72%, up 511.0% from the prior year.
- Operating Margin advanced to 84.35% in Q1 2026, from 85.81% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 71.92% in Q3 2025 to a low of 162.45% in Q4 2024.
- A 5-year average of 96.9% and a median of 94.31% in 2023 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2024 — Operating Margin tumbled 6813 bps — and 2025, when it surged 7664 bps.
- Tracing AHR's Operating Margin over 5 years: stood at 99.61% in 2022, then gained by 5 bps to 94.31% in 2023, then sank by 72 bps to 162.45% in 2024, then surged by 47 bps to 85.81% in 2025, then advanced by 2 bps to 84.35% in 2026.
- The last three Operating Margin figures came in at 84.35% (Q1 2026), 85.81% (Q4 2025), and 71.92% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 168.28 Bn | 166.31 Bn | 1.39 Bn | -51.62% |
| 2 | Ventas | 45.36 Bn | 45.17 Bn | 1.73 Bn | 2.88% |
| 3 | Healthpeak Properties | 14.65 Bn | 14.65 Bn | - | - |
| 4 | Omega Healthcare Investors | 13.98 Bn | 13.98 Bn | - | 100.81% |
| 5 | American Healthcare REIT | 10.76 Bn | 10.56 Bn | 149.41 Mn | -71.55% |
| 6 | CareTrust REIT | 9.30 Bn | 9.30 Bn | - | - |
| 7 | Healthcare Realty Trust | 6.66 Bn | 6.66 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.18 Bn | 5.18 Bn | - | - |
| 9 | Diversified Healthcare Trust | 4.52 Bn | 4.40 Bn | 298.67 Mn | -18.40% |
| 10 | National Health Investors | 3.58 Bn | 3.58 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -71.55% |
| Mar 31, 2026 | -84.35% |
| Dec 31, 2025 | -85.81% |
| Sep 30, 2025 | -71.92% |
| Jun 30, 2025 | -84.00% |
| Mar 31, 2025 | -87.98% |
| Dec 31, 2024 | -162.45% |
| Sep 30, 2024 | -90.24% |
| Jun 30, 2024 | -91.15% |
| Mar 31, 2024 | -94.28% |
| Dec 31, 2023 | -94.31% |
| Sep 30, 2023 | -98.32% |
| Jun 30, 2023 | -98.99% |
| Mar 31, 2023 | -99.09% |
| Dec 31, 2022 | -99.61% |
| Sep 30, 2022 | -100.95% |
| Jun 30, 2022 | -102.14% |
| Mar 31, 2022 | -101.65% |
| Dec 31, 2021 | -111.17% |
| Sep 30, 2021 | -95.48% |