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Ventas VTR NNN — Labor

Other segment segments

SHOP
$513.96M+30.9%
OM&R
$0

Similar metrics at other companies

American Healthcare REIT logo
AHRTriple Net Leased Properties — Labor And Related Expense
$0
Welltower logo
WELLTriple-net — Compensation
$28K+133%
Sabra Healthcare logo
SBRATriple-net portfolio — Operating Expenses
$3.77M+8.5%
American Healthcare REIT logo
AHRTriple Net Leased Properties — Utilities Food Repairs And Maintenance And Other Operating Expenses
$0
Welltower logo
WELLTriple-net — Repairs & maintenance
$129K+345%
Welltower logo
WELLTriple-net — Property operating expenses
$7.81M-11.5%

Other financials

Income statement

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Revenue$1.7B+22.0%
Net income$59.0M+22.1%
EPS (diluted)$0.11+10.0%

Balance sheet

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Cash & equivalents$183.6M+0.7%
Total debt$12.7B-1.5%
Total equity$13.1B+14.4%
Total assets$27.7B+6.4%

Cash flow

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Operating cash flow$394.6M+22.9%

Valuation

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Market cap$42.51B+50.8%
Enterprise value$55.05B+34.5%
P/E156.2×-32.7×
P/S6.9×+1.4×

Profitability

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Net margin4.4%+1.5pp
FCF margin33.1%

Returns & leverage

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Return on equity2.2%+0.8pp
Debt / equity-0.2×

Where this comes from

Reported directly by Ventas in its filing.

Tagged under the XBRL concept us-gaap:CostDirectLabor.

The official record: Ventas’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ventas's NNN — labor?
Ventas (VTR) reported NNN — labor of $0 in Q1 2026.
What does NNN — labor mean?
This metric represents the total labor-related costs incurred within the Triple-Net (NNN) leased property portfolio. In a standard NNN structure, tenants typically bear these costs, so this figure often highlights specific operational oversight or direct management responsibilities retained by the landlord. It serves as a key indicator of the operational intensity required to manage the NNN asset class.