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American Healthcare REIT AHR Senior Housing — Leased — Rental expenses

Discontinued — last reported Q3 '23

Other segment segments

Integrated Senior Health Campuses
$6.76M-9.8%
Outpatient Medical
$0
SHOP
$0
Triple Net Leased Properties
$0

Similar metrics at other companies

CareTrust logo
CTREReportable Segment — Senior housing operating expenses
$3.11M
Texas Roadhouse logo
TXRHOther — Rent And Lease Expense Included In Cost Of Revenue
$305K+39.9%
PEA
PEAKSenior Housing — Rental Revenues
PEA
PEAKSenior housing — Transaction costs
PEA
PEAKSenior housing — Other segment items
PEA
PEAKSenior Housing Operating Portfolio — Rental Revenues

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:OperatingLeaseExpense.

The official record: American Healthcare REIT’s 10-Q, filed November 13, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Healthcare REIT's senior housing — leased — rental expenses?
American Healthcare REIT (AHR) reported senior housing — leased — rental expenses of $446K in Q3 2023.
How has American Healthcare REIT's senior housing — leased — rental expenses changed year-over-year?
American Healthcare REIT's senior housing — leased — rental expenses increased by 178.8% year-over-year, from $160K to $446K.
What does senior housing — leased — rental expenses mean?
Costs related to rental obligations within the leased senior housing segment.
How do you interpret senior housing — leased — rental expenses?
Lower expenses relative to revenue indicate better cost control over lease-related obligations.
How does senior housing — leased — rental expenses compare across companies?
Comparable to lease-related expense line items in other REITs with complex lease structures.