Ventas (VTR) FY2025 10-K Annual Report

Filed: Feb 6, 2026
Financials
Real Estate Investment TrustsSEC EDGAR

Ventas (VTR) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 6, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Ventas FY2025 10-K Analysis

Business Overview

  • Core business: Real estate investment trust (REIT) specializing in healthcare-related properties and leases
  • Strategic emphasis: Increased limitation on taxable REIT subsidiary (TRS) assets from 20% to 25% starting 2026, affecting TRS expansion strategy
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Management Discussion & Analysis

  • No revenue or profitability figures disclosed in this section
  • Focus on debt guarantees for senior notes issued by subsidiary Ventas Realty
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Risk Factors

  • Debt service and mortgage repayments over next 12 months with liquidity dependent on external capital availability
  • Exposure to inability to concurrently access multiple capital sources risking material adverse impact
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Ventas FY2025 Key Financial Metrics
XBRL

Revenue

$5.8B

+18.5% YoY

Net Income

$251M

+209.8% YoY

Net Margin

4.3%

+266bp YoY

ROE

2.0%

+125bp YoY

Total Assets

$27.6B

+5.4% YoY

EPS (Diluted)

$0.54

+184.2% YoY

Operating Cash Flow

$1.6B

+23.8% YoY

Source: XBRL data from Ventas FY2025 10-K filing on SEC EDGAR. All figures in USD.

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