Ventas VTR Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenue by Business | |||||
| NNN | $601.58M-3.3% | $622.05M+0.5% | $619.21M+3.5% | $598.15M-8.5% | |
| OM&R | $897.9M+2.3% | $877.59M+0.9% | $869.71M+8.2% | $803.61M+0.1% | |
| Interest and other income by Business | |||||
| NNN | $0— | $0— | $0— | $0— | |
| OM&R | $0— | $0— | $0— | $0— | |
| Total rental income by Business | |||||
| NNN | $601.58M-3.3% | $622.05M+0.5% | $619.21M+3.5% | $598.15M-8.5% | |
| Outpatient medical and research portfolio (OM&R) | $895.09M+2.3% | $874.89M+0.9% | $867.19M+8.2% | $801.16M+0.9% | |
| Other segment expenses by Business | |||||
| NNN | $13.51M-14.7% | $15.83M+8.7% | $14.56M-4.9% | $15.3M— | |
| OM&R | $307.73M+3.2% | $298.32M+1.9% | $292.78M+13.9% | $257M— | |
| Percentage of Total NOI by Business | |||||
| NNN | 24.6%-4.7pp | 29.3%— | —— | —— | |
| OM&R | 24.7%-3.3pp | 28%— | —— | —— | |
| NOI by Business | |||||
| NNN | $588.07M-3.0% | $606.23M+0.3% | $604.65M+3.7% | $582.85M-8.7% | |
| OM&R | $590.17M+1.9% | $579.27M+0.4% | $576.93M+5.5% | $546.6M+0.5% | |
| SHOP | $1.18B+36.7% | $866.38M— | —— | —— | |
| Property-level operating expenses by Business | |||||
| Outpatient medical and research portfolio (OM&R) | $307.73M+3.2% | $298.32M+1.9% | $292.78M+13.9% | $257M0.0% | |
| Triple-Net Leased Properties | $13.51M-14.7% | $15.83M+8.7% | $14.56M-4.9% | $15.3M-0.2% | |
| Number of real estate properties by Business | |||||
| OM&R | 444-8.1% | 483— | —— | —— | |
| SHOP | 771+15.8% | 666— | —— | —— | |
| Assets Held for Sale by Business | |||||
| NNN | $183.67M+2,225% | $7.9M— | —— | —— | |
| OM&R | $10.6M-78.7% | $49.65M— | —— | —— | |
| SHOP | $123.81M+28.6% | $96.29M— | —— | —— | |
| Liabilities related to assets held for sale by Business | |||||
| NNN | $1.88M+408% | $369K— | —— | —— | |
| OM&R | $1.19M-76.8% | $5.1M— | —— | —— | |
| SHOP | $10.5M-30.5% | $15.11M— | —— | —— | |
| Management fees by Business | |||||
| NNN | $0— | $0— | $0— | $0— | |
| OM&R | $0— | $0— | $0— | $0— | |
| Impairment of real estate by Business | |||||
| NNN | $3.7M-90.9% | $40.8M+141% | $16.9M+333% | $3.9M— | |
| OM&R | $57.1M+3,707% | $1.5M-92.2% | $19.2M-30.2% | $27.5M— | |
| SHOP | $35.2M-19.5% | $43.7M-77.1% | $190.5M+149% | $76.4M— | |
| Number of Properties Classified as Held-for-sale by Business | |||||
| NNN | 34+162% | 13— | —— | —— | |
| OM&R | 4+300% | 1— | —— | —— | |
| SHOP | 15-21.1% | 19— | —— | —— | |
| Labor by Business | |||||
| NNN | $0— | $0— | $0— | $0— | |
| OM&R | $0— | $0— | $0— | $0— | |
| Rental income by Product | |||||
| NNN | $601.58M-3.3% | $622.05M+0.5% | $619.21M+3.5% | $598.15M-8.5% | |
| OM&R | $895.09M+2.3% | $874.89M+0.9% | $867.19M+8.2% | $801.16M+0.9% | |
| Property-level operating expenses by Product | |||||
| NNN | $13.51M-14.7% | $15.83M+8.7% | $14.56M-4.9% | $15.3M-0.2% | |
| OM&R | $307.73M+3.2% | $298.32M+1.9% | $292.78M+13.9% | $257M0.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Ventas break its business down?
- Ventas (VTR) reports revenue by business across 3 parts — NNN, OM&R and SHOP. Each is extracted from the segment footnotes and tracked over time.
- Where does Ventas's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Ventas'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.
