Ventas (VTR) Net Margin (2009 - 2026)
Ventas' (VTR) quarterly Net Margin came in at 3.37% in Q1 2026, down 8.0% year-on-year from 3.67% in Q1 2025, and down 24.73% quarter-over-quarter from 4.48% in Q4 2025.
Ventas (VTR) Net Margin (2009 - 2026) Analysis & Trends
Ventas' Net Margin history runs 18 years deep, the most recent figure standing at 3.37% for Q1 2026.
- On a quarterly basis, Net Margin fell 8.0% year-over-year to 3.37% in Q1 2026; TTM through Mar 2026 was 4.25%, a 145.0% increase from a year earlier, with the FY2025 full-year figure at 4.31%, up 266.0% from the prior year.
- Net Margin retreated to 3.37% in Q1 2026 per VTR's latest filing, from 4.48% in the prior quarter.
- Across five years, Net Margin topped out at 9.35% in Q2 2023 and bottomed at 7.8% in Q4 2023.
- The 5-year median for Net Margin is 1.63% (2023), against an average of 1.14%.
- Across the five-year window, Net Margin slumped 1355 bps in 2022 and soared 1350 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 4.28% in 2022, then sank by 82 bps to 7.8% in 2023, then soared by 157 bps to 4.42% in 2024, then increased by 2 bps to 4.48% in 2025, then decreased by 25 bps to 3.37% in 2026.
- Per Business Quant, the three latest VTR Net Margin figures stand at 3.37% (Q1 2026), 4.48% (Q4 2025), and 4.44% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 172.91 Bn | 168.34 Bn | 1.30 Bn | 21.74% |
| 2 | Ventas | 46.62 Bn | 46.50 Bn | 1.65 Bn | 3.37% |
| 3 | Healthpeak Properties | 15.34 Bn | 16.55 Bn | - | 96.58% |
| 4 | Omega Healthcare Investors | 15.14 Bn | 15.41 Bn | - | 47.77% |
| 5 | American Healthcare REIT | 10.71 Bn | 10.59 Bn | 97.60 Mn | 3.94% |
| 6 | CareTrust REIT | 9.45 Bn | 9.46 Bn | - | 55.68% |
| 7 | Healthcare Realty Trust | 7.33 Bn | 7.33 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.09 Bn | 5.09 Bn | - | 17.54% |
| 9 | Diversified Healthcare Trust | 4.51 Bn | 4.39 Bn | 295.29 Mn | -31.55% |
| 10 | National Health Investors | 3.86 Bn | 3.87 Bn | - | 34.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.37% |
| Dec 31, 2025 | 4.48% |
| Sep 30, 2025 | 4.44% |
| Jun 30, 2025 | 4.80% |
| Mar 31, 2025 | 3.45% |
| Dec 31, 2024 | 4.42% |
| Sep 30, 2024 | 1.56% |
| Jun 30, 2024 | 1.61% |
| Mar 31, 2024 | -1.19% |
| Dec 31, 2023 | -7.80% |
| Sep 30, 2023 | -6.19% |
| Jun 30, 2023 | 9.35% |
| Mar 31, 2023 | 1.63% |
| Dec 31, 2022 | -4.28% |
| Sep 30, 2022 | 0.12% |
| Jun 30, 2022 | -4.15% |
| Mar 31, 2022 | 3.81% |
| Dec 31, 2021 | -4.00% |
| Sep 30, 2021 | 6.22% |
| Jun 30, 2021 | 9.40% |