Ventas (VTR) Gross Margin (2010 - 2026)
Ventas (VTR) recorded quarterly Gross Margin of 99.41% in Q1 2026, little changed quarter-over-quarter from 99.1% in Q3 2025, and down 48.0% on a YoY basis from 191.18% in Q1 2025.
Ventas (VTR) Gross Margin (2010 - 2026) Analysis & Trends
Ventas' Gross Margin history runs 13 years deep, the most recent figure standing at 99.41% for Q1 2026.
- In Q1 2026, Gross Margin fell 48.0% year-over-year to 99.41%; the TTM figure through Mar 2026 stood at 93.14% (up 518.0% YoY), while the FY2018 annual figure was 98.22%, down 122.0% from the prior year.
- Gross Margin was 99.41% for Q1 2026 at Ventas, roughly flat from 99.1% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.9% in Q1 2025 to a low of 99.1% in Q3 2025.
- Historically, Gross Margin has averaged 99.52% across 3 years, with a median of 99.55% in 2026.
- The sharpest annual moves came in 2025 and 2026: Gross Margin plunged 58 bps in 2025, then plunged 48 bps in 2026.
- A 3-year view of Gross Margin shows it stood at 99.68% in 2024, then slipped by 1 bps to 99.1% in 2025, then advanced by 0 bps to 99.41% in 2026.
- The last three Gross Margin figures came in at 99.41% (Q1 2026), 99.1% (Q3 2025), and 99.9% (Q1 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| Date | Value |
|---|---|
| Mar 31, 2026 | 99.41% |
| Sep 30, 2025 | 99.10% |
| Mar 31, 2025 | 99.90% |
| Sep 30, 2024 | 99.68% |
| Jun 30, 2019 | 98.79% |
| Mar 31, 2019 | 99.93% |
| Dec 31, 2018 | 93.62% |
| Sep 30, 2018 | 99.87% |
| Jun 30, 2018 | 99.63% |
| Mar 31, 2018 | 99.99% |
| Dec 31, 2017 | 99.55% |
| Sep 30, 2017 | 99.95% |
| Jun 30, 2017 | 99.94% |
| Mar 31, 2017 | 99.92% |
| Dec 31, 2016 | 99.88% |
| Sep 30, 2016 | 99.72% |
| Jun 30, 2016 | 99.73% |
| Mar 31, 2016 | 99.51% |
| Dec 31, 2015 | 99.52% |
| Sep 30, 2015 | 99.42% |