Ventas (VTR) Operating Margin (2010 - 2026)
Ventas' (VTR) quarterly Operating Margin came in at 1.55% in Q1 2026, down 136.0% year-on-year from 4.31% in Q1 2025, and down 25.62% quarter-over-quarter from 2.09% in Q3 2025.
Ventas (VTR) Operating Margin (2010 - 2026) Analysis & Trends
Ventas' Operating Margin history runs 13 years deep, the most recent figure standing at 1.55% for Q1 2026.
- On a quarterly basis, Operating Margin fell 136.0% year-over-year to 1.55% in Q1 2026; TTM through Mar 2026 was 1.82%, a 226.0% decrease from a year earlier, with the FY2018 full-year figure at 10.24%, down 603.0% from the prior year.
- Operating Margin declined to 1.55% in Q1 2026 per VTR's latest filing, from 2.09% in the prior quarter.
- Across five years, Operating Margin topped out at 2.91% in Q1 2025 and bottomed at 1.23% in Q3 2024.
- The 3-year median for Operating Margin is 1.82% (2025), against an average of 1.94%.
- Across the five-year window, Operating Margin surged 86 bps in 2025 and plunged 136 bps in 2026, its largest moves.
- Year by year, Operating Margin stood at 1.23% in 2024, then soared by 70 bps to 2.09% in 2025, then fell by 26 bps to 1.55% in 2026.
- Per Business Quant, the three latest VTR Operating Margin figures stand at 1.55% (Q1 2026), 2.09% (Q3 2025), and 2.91% (Q1 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 172.91 Bn | 168.34 Bn | 1.30 Bn | -51.02% |
| 2 | Ventas | 46.62 Bn | 46.50 Bn | 1.65 Bn | 1.55% |
| 3 | Healthpeak Properties | 15.34 Bn | 16.55 Bn | - | - |
| 4 | Omega Healthcare Investors | 15.14 Bn | 15.41 Bn | - | - |
| 5 | American Healthcare REIT | 10.71 Bn | 10.59 Bn | 97.60 Mn | -84.35% |
| 6 | CareTrust REIT | 9.45 Bn | 9.46 Bn | - | - |
| 7 | Healthcare Realty Trust | 7.33 Bn | 7.33 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.09 Bn | 5.09 Bn | - | - |
| 9 | Diversified Healthcare Trust | 4.51 Bn | 4.39 Bn | 295.29 Mn | -20.72% |
| 10 | National Health Investors | 3.86 Bn | 3.87 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.55% |
| Sep 30, 2025 | 2.09% |
| Mar 31, 2025 | 2.91% |
| Sep 30, 2024 | 1.23% |
| Mar 31, 2019 | 12.85% |
| Dec 31, 2018 | 3.38% |
| Sep 30, 2018 | 10.27% |
| Jun 30, 2018 | 14.71% |
| Mar 31, 2018 | 12.44% |
| Dec 31, 2017 | 15.06% |
| Sep 30, 2017 | 16.44% |
| Jun 30, 2017 | 16.71% |
| Mar 31, 2017 | 16.85% |
| Dec 31, 2016 | 15.59% |
| Sep 30, 2016 | 16.15% |
| Jun 30, 2016 | 14.50% |
| Mar 31, 2016 | 13.10% |
| Dec 31, 2015 | 12.41% |
| Sep 30, 2015 | 3.51% |
| Jun 30, 2015 | 13.43% |