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American Healthcare REIT AHR Senior Housing — Owned Property Management Costs

Discontinued — last reported Q3 '17

Similar metrics at other companies

PEA
PEAKSenior housing — G&A
PEA
PEAKSenior housing — Compensation and property management
PEA
PEAKSenior Housing Operating Portfolio — Operating Expenses
PEA
PEAKSenior Housing Operating Portfolio — General And Administrative Expense
PEA
PEAKSenior housing — Operating Expenses
PEA
PEAKSHOP — Operating Expenses

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:OwnedPropertyManagementCosts.

The official record: American Healthcare REIT’s 10-Q, filed November 9, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does senior housing — owned property management costs mean?
The costs associated with the internal management and oversight of owned senior housing properties.
How do you interpret senior housing — owned property management costs?
A decrease suggests improved management efficiency or economies of scale, whereas an increase may indicate rising administrative overhead or expansion of the management team.
How does senior housing — owned property management costs compare across companies?
Comparable to property management fees or internal management overhead reported by other REITs that self-manage their real estate assets.