Ventas (VTR) Operating Margin (2010 - 2026)
Ventas (VTR) recorded quarterly Operating Margin of 1.55% in Q1 2026, down 25.62% quarter-over-quarter from 2.09% in Q3 2025, and down 136.0% on a YoY basis from 4.31% in Q1 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.
- In Q1 2026, Operating Margin fell 136.0% year-over-year to 1.55%; the TTM figure through Mar 2026 stood at 1.82% (down 412.0% YoY), while the FY2018 annual figure was 8.49%, down 731.0% from the prior year.
- Operating Margin was 1.55% for Q1 2026 at Ventas, down from 2.09% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 2.91% in Q1 2025 to a low of 1.23% in Q3 2024.
- Historically, Operating Margin has averaged 1.94% across 3 years, with a median of 1.82% in 2025.
- The sharpest annual moves came in 2025 and 2026: Operating Margin soared 86 bps in 2025, then plunged 136 bps in 2026.
- A 3-year view of Operating Margin shows it 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.
- The last three Operating Margin figures came in at 1.55% (Q1 2026), 2.09% (Q3 2025), and 2.91% (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 144.82 Bn | 141.05 Bn | 1.30 Bn | -51.02% |
| 2 | Ventas | 39.06 Bn | 38.93 Bn | 1.65 Bn | 1.55% |
| 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 | -84.35% |
| 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 | -18.23% |
| 10 | Ltc Properties | 1.75 Bn | 1.82 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% |
| Jun 30, 2019 | 13.26% |
| Mar 31, 2019 | 12.85% |
| Dec 31, 2018 | -2.96% |
| Sep 30, 2018 | 10.19% |
| Jun 30, 2018 | 14.39% |
| Mar 31, 2018 | 12.44% |
| Dec 31, 2017 | 14.80% |
| Sep 30, 2017 | 16.44% |
| Jun 30, 2017 | 16.71% |
| Mar 31, 2017 | 16.85% |
| Dec 31, 2016 | 15.59% |
| Sep 30, 2016 | 15.98% |
| Jun 30, 2016 | 14.45% |
| Mar 31, 2016 | 13.02% |
| Dec 31, 2015 | 12.83% |
| Sep 30, 2015 | 3.71% |