Ventas NNN — Total rental income decreased by 7.3% to $123.07M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.2%, from $156.11M to $123.07M. Over 4 years (FY 2021 to FY 2025), NNN — Total rental income shows relatively stable performance with a -2.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher income indicates strong occupancy and contractual rent growth, while declining income may signal tenant distress or lease expirations.
The gross revenue generated from triple-net lease agreements where tenants are responsible for property-level expenses s...
Standard revenue metric for all triple-net lease REITs; highly comparable across the healthcare real estate sector.
vtr_segment_nnn_total_rental_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $159.22M | $181.38M | $153.34M | $151.56M | $149.40M | $150.12M | $147.08M | $149.74M | $154.36M | $159.81M | $155.30M | $155.37M | $153.93M | $155.35M | $157.40M | $156.11M | $152.70M | $160.05M | $132.71M | $123.07M |
| QoQ Change | — | +13.9% | -15.5% | -1.2% | -1.4% | +0.5% | -2.0% | +1.8% | +3.1% | +3.5% | -2.8% | +0.0% | -0.9% | +0.9% | +1.3% | -0.8% | -2.2% | +4.8% | -17.1% | -7.3% |
| YoY Change | — | — | — | — | -6.2% | -17.2% | -4.1% | -1.2% | +3.3% | +6.5% | +5.6% | +3.8% | -0.3% | -2.8% | +1.4% | +0.5% | -0.8% | +3.0% | -15.7% | -21.2% |