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American Healthcare REIT AHR Resident Fees and Services — Contract with Customer, Liability

Discontinued — last reported Q2 '24

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Other financials

Income statement

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Revenue$650.8M+20.4%
Gross profit$138.6M+28.1%
Net income$23.7M+449%
EPS (diluted)$0.13+425%

Balance sheet

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Cash & equivalents$156.9M+23.1%
Total debt$1.2B-12.5%
Total equity$3.5B+53.9%
Total assets$5.6B+25.4%

Cash flow

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Operating cash flow$81.1M+33.7%
CapEx$2.1M
Free cash flow-$7.1M

Valuation

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Market cap$9.62B+85.7%
Enterprise value$10.66B+64.7%
P/E95.9×
P/S4.4×+1.7×

Profitability

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Gross margin18%+6.1pp
Operating margin-21.2%
Net margin4.6%+3.5pp
FCF margin11.2%

Returns & leverage

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Return on equity3.5%+2.6pp
Debt / equity0.3×-0.3×

Where this comes from

Reported directly by American Healthcare REIT in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: American Healthcare REIT’s 10-Q, filed August 9, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Healthcare REIT's resident fees and services — contract with customer, liability?
American Healthcare REIT (AHR) reported resident fees and services — contract with customer, liability of $23.1M in Q2 2024.
How has American Healthcare REIT's resident fees and services — contract with customer, liability changed year-over-year?
American Healthcare REIT's resident fees and services — contract with customer, liability increased by 3.9% year-over-year, from $22.23M to $23.1M.
What does resident fees and services — contract with customer, liability mean?
Revenue received in advance for services that have not yet been performed.
How do you interpret resident fees and services — contract with customer, liability?
An increase suggests strong advance bookings or prepayments, which provides visibility into future service delivery requirements.
How does resident fees and services — contract with customer, liability compare across companies?
Equivalent to 'Deferred Revenue' or 'Contract Liabilities' under ASC 606 for companies with subscription or service-based models.