Ventas (VTR) Operating Leases (2019 - 2026)

Ventas (VTR) recorded quarterly Operating Leases of $207.7 million in Q1 2026, little changed quarter-over-quarter from $208.6 million in Q4 2025, and down 5.53% on a YoY basis from $219.8 million in Q1 2025.

Ventas (VTR) Operating Leases (2019 - 2026) Analysis & Trends

Ventas' Operating Leases history runs 8 years deep, the most recent figure standing at $207.7 million for Q1 2026.

  • In Q1 2026, Operating Leases fell 5.53% year-over-year to $207.7 million; the TTM figure through Mar 2026 stood at $207.7 million (down 5.53% YoY), while the FY2025 annual figure was $208.6 million, down 4.31% from the prior year.
  • Operating Leases was $207.7 million for Q1 2026 at Ventas, roughly flat from $208.6 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $219.8 million in Q1 2025 to a low of $189.9 million in Q1 2023.
  • Historically, Operating Leases has averaged $204.3 million across 5 years, with a median of $202.2 million in 2024.
  • The sharpest annual moves came in 2024 and 2026: Operating Leases advanced 11.95% in 2024, then decreased 5.53% in 2026.
  • A 5-year view of Operating Leases shows it stood at $190.4 million in 2022, then grew by 2.25% to $194.7 million in 2023, then grew by 11.95% to $218.0 million in 2024, then dropped by 4.31% to $208.6 million in 2025, then slipped by 0.45% to $207.7 million in 2026.
  • The last three Operating Leases figures came in at $207.7 million (Q1 2026), $208.6 million (Q4 2025), and $216.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Welltower 144.82 Bn 141.05 Bn 1.30 Bn
2 Ventas 39.06 Bn 38.93 Bn 1.65 Bn
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
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
10 Ltc Properties 1.75 Bn 1.82 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 207.66 Mn
Dec 31, 2025 208.60 Mn
Sep 30, 2025 216.11 Mn
Jun 30, 2025 217.43 Mn
Mar 31, 2025 219.82 Mn
Dec 31, 2024 218.00 Mn
Sep 30, 2024 215.44 Mn
Jun 30, 2024 213.11 Mn
Mar 31, 2024 202.20 Mn
Dec 31, 2023 194.73 Mn
Sep 30, 2023 197.67 Mn
Jun 30, 2023 200.97 Mn
Mar 31, 2023 189.91 Mn
Dec 31, 2022 190.44 Mn
Sep 30, 2022 191.88 Mn
Jun 30, 2022 194.24 Mn
Mar 31, 2022 195.67 Mn
Dec 31, 2021 197.23 Mn
Sep 30, 2021 199.55 Mn
Jun 30, 2021 205.48 Mn