Ventas VTR
NYSE VTR
$89.37 -0.50 (-0.55%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ventas (VTR) Operating Expenses (2009 - 2026)

Ventas (VTR) posted Operating Expenses of $1.7 billion for Q2 2026, up 3.32% on a QoQ basis from $1.6 billion in Q1 2026, and up 21.56% year-over-year from $1.4 billion in Q2 2025.

Analysis

Ventas (VTR) Operating Expenses (2009 - 2026) Analysis & Trends

Ventas has reported Operating Expenses for 18 years, with the latest figure at $1.7 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 21.56% year-over-year to $1.7 billion in Q2 2026; TTM through Jun 2026 was $6.2 billion, a 19.83% increase from a year earlier, with the FY2025 full-year figure at $5.6 billion, up 14.14% from the prior year.
  • Operating Expenses was $1.7 billion for Q2 2026 at Ventas, up from $1.6 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.7 billion in Q2 2026, with the low at $979.6 million in Q1 2022.
  • Average Operating Expenses over 5 years is $1.3 billion, with a median of $1.2 billion recorded in 2023.
  • The sharpest annual moves came in 2023 and 2026: Operating Expenses dropped 2.17% in 2023, then climbed 23.11% in 2026.
  • Over 5 years, Operating Expenses stood at $1.1 billion in 2022, then grew by 12.59% to $1.3 billion in 2023, then increased by 0.8% to $1.3 billion in 2024, then grew by 15.7% to $1.5 billion in 2025, then grew by 12.46% to $1.7 billion in 2026.
  • The last three Operating Expenses figures came in at $1.7 billion (Q2 2026), $1.6 billion (Q1 2026), and $1.5 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Welltower 170.25 Bn 169.31 Bn 1.39 Bn 3.22 Bn
2 Ventas 46.29 Bn 46.60 Bn 1.73 Bn 1.68 Bn
3 Healthpeak Properties 14.22 Bn 15.84 Bn - 739.00 Mn
4 Omega Healthcare Investors 13.87 Bn 14.12 Bn - 187.79 Mn
5 American Healthcare REIT 10.65 Bn 10.51 Bn 149.41 Mn 631.81 Mn
6 CareTrust REIT 9.21 Bn 9.22 Bn - 72.38 Mn
7 Healthcare Realty Trust 6.55 Bn 6.61 Bn - 242.88 Mn
8 Sabra Health Care REIT 5.31 Bn 5.31 Bn - 88.62 Mn
9 Diversified Healthcare Trust 4.63 Bn 4.51 Bn 298.67 Mn 365.91 Mn
10 National Health Investors 3.43 Bn 3.44 Bn - 87.28 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.68 Bn
Mar 31, 2026 1.62 Bn
Dec 31, 2025 1.49 Bn
Sep 30, 2025 1.44 Bn
Jun 30, 2025 1.38 Bn
Mar 31, 2025 1.32 Bn
Dec 31, 2024 1.29 Bn
Sep 30, 2024 1.22 Bn
Jun 30, 2024 1.22 Bn
Mar 31, 2024 1.21 Bn
Dec 31, 2023 1.28 Bn
Sep 30, 2023 1.23 Bn
Jun 30, 2023 1.04 Bn
Mar 31, 2023 1.07 Bn
Dec 31, 2022 1.13 Bn
Sep 30, 2022 1.04 Bn
Jun 30, 2022 1.07 Bn
Mar 31, 2022 979.64 Mn
Dec 31, 2021 1.09 Bn
Sep 30, 2021 1.06 Bn