Ventas
Ventas, Inc. is an S&P 500 real estate investment trust (REIT) that owns and manages a diverse portfolio of healthcare-related properties. The company focuses on providing environments for the aging population through senior housing communities, outpatient medical buildings, and research centers. Its core value proposition lies in generating sustainable shareholder returns through organic growth in senior housing and strategic external investments across North America and the United Kingdom.
Financials
Based on Q1 2026 filing
Revenue
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View metricEPS (Diluted)
View metricBusiness Segments
Senior Housing Operating Portfolio (SHOP)
primaryThis segment involves the ownership of and investment in senior housing communities where the company participates directly in the financial performance of operations. These properties are typically managed by third-party operators under management agreements, while Ventas generally holds the healthcare licenses.
Independent living communities, Assisted living communities, Memory care communities, Continuing care retirement communities, Ventas OI™
Seniors requiring independent or assisted living, Individuals with Alzheimer’s or dementia, Private-pay residents
Outpatient Medical and Research Portfolio (OM&R)
majorVentas acquires, develops, and leases outpatient medical buildings and research centers. These facilities are often located on or near healthcare system campuses or university research hubs and are leased to medical practices and research organizations.
Outpatient medical buildings, Research centers, Laboratory space, Lillibridge management services
Health systems, Medical practices, Universities, Academic medical centers, Biotechnology and pharmaceutical companies
Triple-Net Leased Properties (NNN)
majorIn this segment, Ventas invests in healthcare facilities that are leased to tenants under long-term triple-net or absolute-net lease structures. Tenants are responsible for all property-related expenses, including maintenance, taxes, and insurance.
Skilled nursing facilities (SNFs), Long-term acute care facilities (LTACs), Freestanding inpatient rehabilitation facilities (IRFs), Senior housing communities
Healthcare facility operators, Senior housing providers, Rehabilitation service providers
Segment Financials
SHOP — NOI
View metricSHOP — Number of real estate properties
View metricSHOP — Percentage of Total NOI
View metricOutpatient medical and research portfolio (OM&R) — Total rental income
View metricOutpatient medical and research portfolio (OM&R) — Property-level operating expenses
View metricOutpatient medical and research portfolio (OM&R) — Goodwill
View metricNNN — Total rental income
View metricNNN — Percentage of Total NOI
View metricNNN — NOI
View metricBusiness Overview
Competitive Position
Ventas is a leading healthcare REIT with a significant presence in senior housing and outpatient medical sectors, leveraging proprietary data analytics via Ventas OI™ to drive operational performance.
Geographies
United States, Canada, United Kingdom
Customer Segments
Healthcare providers, Higher education institutions, Institutional investors, Seniors
Upstream Dependencies
Capital markets and lenders, Real estate developers, Medical equipment manufacturers, Construction and architectural firms
Downstream Customers
Senior residents, Medical patients, Research scientists, Institutional joint venture partners
Competitors & Partners
Partners
Atria Senior Living, Inc.
Significant third-party manager for SHOP segment and unconsolidated operating entity investment
Sunrise Senior Living, LLC
Significant third-party manager for SHOP segment
Le Groupe Maurice
Significant third-party manager for SHOP segment
Brookdale Senior Living
BKD
Significant tenant in the NNN segment
Kindred Healthcare, LLC
Significant tenant in the NNN segment
Ardent Health Partners
ARDT
Significant tenant and unconsolidated operating entity investment
PMB Real Estate Services LLC
Joint venture property management platform
Subsidiaries
Lillibridge
Wholly-owned subsidiary providing outpatient medical building management and advisory services
Ventas Investment Management (VIM)
Third-party institutional private capital management platform
Ventas FAQ
Common questions about Ventas
Ventas, Inc. is an S&P 500 real estate investment trust (REIT) that owns and manages a diverse portfolio of healthcare-related properties. The company focuses on providing environments for the aging population through senior housing communities, outpatient medical buildings, and research centers. Its core value proposition lies in generating sustainable shareholder returns through organic growth in senior housing and strategic external investments across North America and the United Kingdom.
Ventas (VTR) has a market capitalization of $43.9B and trades on NYSE.
Ventas generated $6.1B in trailing twelve-month revenue with net income of $272.2M, representing a net margin of 4.4%. These figures are based on the Q1 2026 filing.
Ventas's key competitors include Welltower Inc., Healthpeak Properties, Inc.. These companies compete in similar markets and product categories.
Ventas has approximately 486 employees.