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American Healthcare REIT AHR Senior Housing — Cost Of Real Estate Revenue

Discontinued — last reported Q2 '18

Similar metrics at other companies

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CTREReportable Segment — Senior housing operating expenses
$3.11M
PEA
PEAKSenior housing — Real estate taxes
PEA
PEAKSenior Housing Operating Portfolio — Cost Of Real Estate Revenue
PEA
PEAKSenior Housing Operating Portfolio — Real estate investment property, at cost
PEA
PEAKSenior housing — Operating Expenses
PEA
PEAKSenior housing — Real Estate Tax Expense

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:CostOfRealEstateRevenue.

The official record: American Healthcare REIT’s 10-Q, filed August 10, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does senior housing — cost of real estate revenue mean?
The direct costs associated with maintaining and managing the physical real estate assets in the senior housing segment.
How do you interpret senior housing — cost of real estate revenue?
An increase suggests rising property-level expenses like taxes or maintenance, which can impact net operating income if not offset by rental growth.
How does senior housing — cost of real estate revenue compare across companies?
Similar to property operating expenses reported by REITs for their owned medical and senior housing real estate portfolios.