Ventas (VTR) Net Margin (2009 - 2026)

Ventas' Net Margin history runs 18 years deep, the most recent figure standing at 3.37% for Q1 2026.

• In Q1 2026, Net Margin fell 8.0% year-over-year to 3.37%; the TTM figure through Mar 2026 stood at 4.25% (up 145.0% YoY), while the FY2025 annual figure was 4.31%, up 266.0% from the prior year.
• Net Margin was 3.37% for Q1 2026 at Ventas, down from 4.48% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 9.35% in Q2 2023 to a low of 7.8% in Q4 2023.
• Historically, Net Margin has averaged 1.14% across 5 years, with a median of 1.63% in 2023.
• The sharpest annual moves came in 2022 and 2023: Net Margin slumped 1355 bps in 2022, then jumped 1350 bps in 2023.
• A 5-year view of Net Margin shows it stood at 4.28% in 2022, then tumbled 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.
• The last three Net Margin figures came in at 3.37% (Q1 2026), 4.48% (Q4 2025), and 4.44% (Q3 2025), per Business Quant data.