Ventas OM&R — NOI increased by 0.5% to $150.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $146.04M to $150.60M. Over 3 years (FY 2021 to FY 2025), OM&R — NOI shows relatively stable performance with a 2.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates improved property-level profitability or higher occupancy, while a decrease suggests rising operating costs or declining rental income.
Net Operating Income (NOI) generated specifically by the Outpatient Medical and Research (OM&R) real estate portfolio. T...
Standardized across REITs as 'Property NOI' for specific asset classes like Medical Office Buildings (MOBs).
vtr_segment_om_r_noi| Q2 '21 | Q3 '21 | Q4 '21 | Q2 '22 | Q3 '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 | $135.97M | $135.97M | $135.97M | $136.58M | $135.32M | $136.72M | $144.20M | $148.07M | $147.95M | $145.57M | $146.27M | $144.10M | $143.33M | $146.04M | $146.49M | $147.75M | $149.90M | $150.60M |
| QoQ Change | — | +0.0% | +0.0% | +0.5% | -0.9% | +1.0% | +5.5% | +2.7% | -0.1% | -1.6% | +0.5% | -1.5% | -0.5% | +1.9% | +0.3% | +0.9% | +1.5% | +0.5% |
| YoY Change | — | — | — | +0.5% | -0.5% | — | +5.6% | +9.4% | — | +6.5% | +1.4% | -2.7% | -3.1% | +0.3% | +0.1% | +2.5% | +4.6% | +3.1% |