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American Healthcare REIT AHR SHOP — Property operating expenses

Discontinued — last reported Q3 '24

Similar metrics at other companies

VTR
VTRSHOP — Property-level operating expenses
$918.33M+30.4%
PEA
PEAKSHOP — Operating Expenses
PEA
PEAKSenior housing — Operating Expenses
PEA
PEAKSenior Housing Operating Portfolio — Operating Expenses
PEA
PEAKSHOP — G&A
PEA
PEAKSenior housing — Compensation and property management

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:CostOfGoodsAndServicesSold.

The official record: American Healthcare REIT’s 10-Q, filed November 13, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Healthcare REIT's SHOP — property operating expenses?
American Healthcare REIT (AHR) reported SHOP — property operating expenses of $55.9M in Q3 2024.
How has American Healthcare REIT's SHOP — property operating expenses changed year-over-year?
American Healthcare REIT's SHOP — property operating expenses increased by 43.2% year-over-year, from $39.04M to $55.9M.
What is the long-term trend for American Healthcare REIT's SHOP — property operating expenses?
Over 2 years (2021 to 2023), American Healthcare REIT's SHOP — property operating expenses has grown at a 38.8% compound annual growth rate (CAGR), from $86.45M to $166.49M.
What does SHOP — property operating expenses mean?
The total costs incurred to run and maintain the senior housing properties.
How do you interpret SHOP — property operating expenses?
An increase relative to revenue may signal declining operational efficiency or rising labor and supply costs.
How does SHOP — property operating expenses compare across companies?
Standard operating expense metric for healthcare REITs with RIDEA or operating structures.