Ventas (VTR) FCF Margin (2009 - 2026)
Ventas (VTR) recorded quarterly FCF Margin of 19.41% in Q1 2026, down 8.97% quarter-over-quarter from 21.32% in Q4 2025, and up 10.0% on a YoY basis from 17.65% in Q1 2025.
Ventas (VTR) FCF Margin (2009 - 2026) Analysis & Trends
Ventas' FCF Margin history runs 18 years deep, the most recent figure standing at 19.41% for Q1 2026.
- In Q1 2026, FCF Margin rose 10.0% year-over-year to 19.41%; the TTM figure through Mar 2026 stood at 21.89% (up 38.0% YoY), while the FY2025 annual figure was 21.99%, up 71.0% from the prior year.
- FCF Margin was 19.41% for Q1 2026 at Ventas, down from 21.32% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 28.76% in Q2 2025 to a low of 4.8% in Q4 2023.
- Historically, FCF Margin has averaged 20.26% across 5 years, with a median of 21.34% in 2023.
- The sharpest annual moves came in 2022 and 2023: FCF Margin jumped 11431 bps in 2022, then tumbled 1328 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 18.08% in 2022, then sank by 73 bps to 4.8% in 2023, then jumped by 363 bps to 22.23% in 2024, then fell by 4 bps to 21.32% in 2025, then dropped by 9 bps to 19.41% in 2026.
- The last three FCF Margin figures came in at 19.41% (Q1 2026), 21.32% (Q4 2025), and 18.67% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 144.82 Bn | 141.05 Bn | 1.30 Bn | 16.86% |
| 2 | Ventas | 39.06 Bn | 38.93 Bn | 1.65 Bn | 19.41% |
| 3 | Healthpeak Properties | 13.76 Bn | 14.32 Bn | - | 15.77% |
| 4 | Omega Healthcare Investors | 12.86 Bn | 13.12 Bn | - | 3,176.18% |
| 5 | American Healthcare REIT | 8.89 Bn | 8.81 Bn | 97.60 Mn | 7.01% |
| 6 | CareTrust REIT | 8.47 Bn | 8.48 Bn | - | 2,345.92% |
| 7 | Healthcare Realty Trust | 6.83 Bn | 6.83 Bn | - | 686.45% |
| 8 | National Health Investors | 3.40 Bn | 3.41 Bn | - | -45.21% |
| 9 | Diversified Healthcare Trust | 2.05 Bn | 1.93 Bn | 304.41 Mn | -7.32% |
| 10 | Ltc Properties | 1.75 Bn | 1.82 Bn | - | 29.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.41% |
| Dec 31, 2025 | 21.32% |
| Sep 30, 2025 | 18.67% |
| Jun 30, 2025 | 28.76% |
| Mar 31, 2025 | 19.31% |
| Dec 31, 2024 | 22.23% |
| Sep 30, 2024 | 22.77% |
| Jun 30, 2024 | 21.93% |
| Mar 31, 2024 | 18.09% |
| Dec 31, 2023 | 4.80% |
| Sep 30, 2023 | 23.53% |
| Jun 30, 2023 | 21.34% |
| Mar 31, 2023 | 16.13% |
| Dec 31, 2022 | 18.08% |
| Sep 30, 2022 | 21.92% |
| Jun 30, 2022 | 22.85% |
| Mar 31, 2022 | 23.29% |
| Dec 31, 2021 | -96.23% |
| Sep 30, 2021 | 24.90% |
| Jun 30, 2021 | 20.67% |