Ventas (VTR)
Real Estate · Healthcare Real Estate Investment Trust (REIT)
A diversified healthcare real estate REIT owning senior housing communities, outpatient medical buildings, and research centers across North America and the UK.
What Ventas does
Ventas is an S&P 500 REIT focused on healthcare real estate, owning or holding investments in 1,409 properties across three main segments: senior housing operating communities (49% of NOI), outpatient medical and research buildings (25% of NOI), and triple-net leased healthcare properties (25% of NOI). The company generates revenue through rental income from triple-net leased properties, resident fees and services from senior housing, income from outpatient medical and research portfolio properties, and third-party capital management fees through its Ventas Investment Management platform. Ventas qualifies for REIT tax treatment and is headquartered in Chicago with additional offices in Louisville and New York.
Themes: ["Aging population demographics","Senior living and healthcare infrastructure","Life science real estate","Healthcare real estate capital management","Long-term care facilities","Medical office buildings","Healthcare provider partnerships"]
Fundamentals
- Price$92.41 as of 2026-07-08 close
- Market cap$45.6B as of 2026-07-09
- 1-year return+47.2% as of 2026-07-08 close
- P/E175.12 as of 2026-07-09
- Net margin+4.3% as of 2026-07-09
- Gross margin+40.7% as of 2026-07-09
- ROE+2.0% as of 2026-07-09
- Debt / equity0.93 as of 2026-07-09
- Revenue growth (YoY)+20.7% as of 2026-07-09
- Revenue CAGR (3y)+12.2% SEC XBRL
- Beta0.74 as of 2026-07-09
Dividend: yield +2.4%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dependence on third-party managers to operate senior housing communities and ongoing operational risks in healthcare facility management, including resident care quality and regulatory compliance","REIT qualification requirements impose strict technical constraints on investment activities and capital allocation flexibility, with failure to maintain REIT status resulting in significant tax liability","Performance sensitivity to senior housing occupancy rates, resident fee structures, and the financial health of healthcare provider partners like Ardent Health and Atria, with unconsolidated entity losses reported in Q1 2026"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-09. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.