Ventas (VTR) Operating Expenses (2009 - 2026)
Ventas (VTR) posted quarterly Operating Expenses of $1.7 billion for Q2 2026, up 21.56% year-over-year from $1.4 billion in Q2 2025, and up 3.32% quarter-over-quarter from $1.6 billion in Q1 2026.
Ventas (VTR) Operating Expenses (2009 - 2026) Analysis & Trends
Ventas' Operating Expenses history runs 18 years deep, the most recent figure standing at $1.7 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 21.56% year-over-year to $1.7 billion; the TTM figure through Jun 2026 stood at $6.2 billion (up 19.83% YoY), while the FY2025 annual figure was $5.6 billion, up 14.14% from the prior year.
- Operating Expenses for Q2 2026 stood at $1.7 billion, 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.
- The 5-year median for Operating Expenses is $1.2 billion (2023), against an average of $1.3 billion.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses decreased 2.17% in 2023, then gained 23.11% in 2026.
- Ventas' Operating Expenses stood at $1.1 billion in 2022, then advanced by 12.59% to $1.3 billion in 2023, then climbed by 0.8% to $1.3 billion in 2024, then advanced by 15.7% to $1.5 billion in 2025, then advanced by 12.46% to $1.7 billion in 2026.
- Business Quant data shows VTR's Operating Expenses at $1.7 billion in Q2 2026, $1.6 billion in Q1 2026, and $1.5 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 168.28 Bn | 166.31 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Ventas | 45.36 Bn | 45.17 Bn | 1.73 Bn | 1.68 Bn |
| 3 | Healthpeak Properties | 14.65 Bn | 14.65 Bn | - | 739.00 Mn |
| 4 | Omega Healthcare Investors | 13.98 Bn | 13.98 Bn | - | 187.79 Mn |
| 5 | American Healthcare REIT | 10.76 Bn | 10.56 Bn | 149.41 Mn | 631.81 Mn |
| 6 | CareTrust REIT | 9.30 Bn | 9.30 Bn | - | 72.38 Mn |
| 7 | Healthcare Realty Trust | 6.66 Bn | 6.66 Bn | - | 242.88 Mn |
| 8 | Sabra Health Care REIT | 5.18 Bn | 5.18 Bn | - | 88.62 Mn |
| 9 | Diversified Healthcare Trust | 4.52 Bn | 4.40 Bn | 298.67 Mn | 365.91 Mn |
| 10 | National Health Investors | 3.58 Bn | 3.58 Bn | - | 87.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |