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FY'25FY'24FY'23FY'22
Revenue by Business
Integrated Senior Health Campuses$1.77B+9.2%$1.62B+8.8%$1.49B+18.7%$1.25B+22.3%
Outpatient Medical$126.08M-6.4%$134.74M$0
SHOP$325.24M+23.2%$263.99M+41.3%$186.86M+18.6%$157.49M+60.3%
Triple Net Leased Properties$39.54M-24.2%$52.13M+3.3%$50.45M$0
Total Assets by Business
All Other Segments$124M+51.1%$82.07M+8.2%$75.85M-6.6%$81.24M-54.8%
Integrated Senior Health Campuses$9.57B
Outpatient Medical$4.28B
SHOP$3.61B
Triple Net Leased Properties$1.59B
Operating Income by Business
Integrated Senior Health Campuses$237.28M+25.4%$189.27M+23.3%$153.54M+5.2%$146.01M+52.3%
Outpatient Medical$77.42M-7.7%$83.86M$92.33M+51.5%
SHOP$63.7M+56.8%$40.63M+99.5%$20.37M+97.8%$10.3M-30.5%
Triple Net Leased Properties$36.77M-26.1%$49.78M+20.5%$41.32M-22.5%$53.33M+27.8%
Segment Reporting Other Item Amount by Business
Integrated Senior Health Campuses$0$0$0$0
Outpatient Medical$48.66M-4.4%$50.89M-6.6%$54.46M-3.4%$56.39M
SHOP$0$0$0$0
Triple Net Leased Properties$2.77M+17.7%$2.35M-22.0%$3.02M-8.4%$3.29M
Operating Lease Lease Income by Business
Integrated Senior Health Campuses$0$0$0$0
Outpatient Medical$126.08M-6.4%$134.74M$148.72M+52.8%
SHOP$0$0$0$0
Triple Net Leased Properties$39.54M-24.2%$52.13M+17.6%$44.33M-21.7%$56.63M+28.5%
Percentage Of Annual Base Rent by Business
Integrated Senior Health Campuses226.5%+17.1pp209.4%+23.8pp185.6%+12.8pp172.8%
Outpatient Medical84.4%
SHOP59.9%+12.7pp47.2%+14.9pp32.3%+13.4pp18.9%
Triple Net Leased Properties29.2%-10.5pp39.7%
Real Estate Taxes And Insurance by Business
Integrated Senior Health Campuses$43.93M+13.2%$38.8M+2.5%$37.85M+11.9%$33.82M
Outpatient Medical$0$0$0$0
SHOP$15.23M-5.8%$16.17M+18.0%$13.71M+8.9%$12.59M
Triple Net Leased Properties$0$0$0$0
Operating Lease Expense by Business
Integrated Senior Health Campuses$28.66M-10.4%$31.99M-13.6%$37.03M+47.2%$25.16M
Outpatient Medical$0$0$0-100%
SHOP$0$0$0$0
Triple Net Leased Properties$0-100%$1.29M$0$0-100%
Goodwill by Business
Integrated Senior Health Campuses$672.71M0.0%$672.71M0.0%$672.71M+17.2%$574.05M
Outpatient Medical$191.25M
Triple Net Leased Properties$75.81M0.0%$75.81M
Capital Expenditures Incurred by Business
Integrated Senior Health Campuses$93.65M+112%$44.13M-31.1%$64.01M+107%$30.93M-50.6%
Outpatient Medical$32.61M$12.24M-62.2%$32.37M+49.8%
SHOP$16.42M-24.2%$21.65M-10.9%$24.3M+162%$9.28M+162%
Triple Net Leased Properties$424K-16.7%$509K+21.2%$420K+10,400%$4K-87.1%
Utilities Food Repairs And Maintenance And Other Operating Expenses by Business
Integrated Senior Health Campuses$554.62M+8.5%$511.12M+8.2%$472.21M+13.2%$417.18M
Outpatient Medical$0$0$0$0
SHOP$88.99M+19.9%$74.2M+30.5%$56.86M+11.7%$50.92M
Triple Net Leased Properties$0$0$0$0
Labor And Related Expense by Business
Integrated Senior Health Campuses$904.78M+6.6%$848.63M+7.6%$788.73M+20.0%$657.32M
Outpatient Medical$0$0$0$0
SHOP$157.32M+18.3%$132.98M+38.6%$95.92M+13.5%$84.54M
Triple Net Leased Properties$0$0$0$0
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential by Geography
GB1.1%
IM0%
Income Tax Reconciliation Foreign Income Tax Rate Differential by Geography
GB$548K
IM$8K
Percentage Of Annual Base Rent by Geography
IN158.9%
OH52.1%
Real Estate Investment Property Net by Geography
US$14.29B+4.2%$13.72B-0.1%$13.74B-1.2%$13.9B
Revenue by Geography
US$2.25B+9.2%$2.06B

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Questions, answered.

How does American Healthcare REIT break its business down?
American Healthcare REIT (AHR) reports revenue by business across 4 parts — Integrated Senior Health Campuses, Outpatient Medical, SHOP and Triple Net Leased Properties. Each is extracted from the segment footnotes and tracked over time.
Where does American Healthcare REIT's segment data come from?
Segment breakdowns are pulled from the segment footnotes in American Healthcare REIT's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.