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American Healthcare REIT AHR US — Real Estate Investment Property Net

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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$10.7B+69.1%
Enterprise value$11.74B+56.5%
P/E106.6×
P/S4.9×+1.6×

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:RealEstateInvestmentPropertyNet.

The source filing: American Healthcare REIT’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:16 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-214678
Line itemMarch 31, 2026December 31, 2025
Real estate investments, net:
United States$4,277,832$4,140,169
International42,07943,250
Total$4,319,911$4,183,419

Item 1. Financial Statements (Unaudited)

FAQ

What is American Healthcare REIT's US — real estate investment property net?
American Healthcare REIT (AHR) reported US — real estate investment property net of $4.28B in Q1 2026.
How has American Healthcare REIT's US — real estate investment property net changed year-over-year?
American Healthcare REIT's US — real estate investment property net increased by 29.9% year-over-year, from $3.29B to $4.28B.
What is the long-term trend for American Healthcare REIT's US — real estate investment property net?
Over 3 years (2022 to 2025), American Healthcare REIT's US — real estate investment property net has grown at a 0.9% compound annual growth rate (CAGR), from $13.9B to $14.29B.
What does US — real estate investment property net mean?
This metric reflects the net book value of healthcare-related real estate assets held within the United States segment after accounting for accumulated depreciation and impairment charges. It represents the capital base invested in medical office buildings, hospitals, and senior housing facilities. Investors use this to assess the size and quality of the company's domestic asset base and its potential for future income generation.

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