What is Ventas's SHOP — management fees?

Ventas (VTR) reported SHOP — management fees of $67.56M in Q1 2026.

What does SHOP — management fees mean?

This metric represents the fees paid to third-party operators or internal management teams for the day-to-day oversight of the senior housing properties. These fees are often structured as a percentage of revenue or net operating income. Tracking this helps investors understand the cost of professional management versus the value added by the operator.

Ventas VTR SHOP — Management fees

Other segment segments

NNN

$0—

OM&R

$0—

Similar metrics at other companies

NHISHOP — Management fees

$1.95M+182%

NHISHOP — Resident fees and services

$37.06M+166%

NHISHOP — Other senior housing operating expenses

$3.92M+79.7%

AATManagement fees

$591K+2.1%

MACManagement Companies — Shopping center and management companies' operating expenses

$22.39M+7.7%

IDRManagement fees

$189.64K-28.4%

Other financials

Income statement

See full

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

See full

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

See full

Net margin4.4%+1.5pp

FCF margin33.1%—

Returns & leverage

See full

Return on equity2.2%+0.8pp

Debt / equity1×-0.2×

Where this comes from

Reported directly by Ventas in its filing.

Tagged under the XBRL concept us-gaap:ManagementFeeExpense.

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 SHOP — management fees?: Ventas (VTR) reported SHOP — management fees of $67.56M in Q1 2026.
What does SHOP — management fees mean?: This metric represents the fees paid to third-party operators or internal management teams for the day-to-day oversight of the senior housing properties. These fees are often structured as a percentage of revenue or net operating income. Tracking this helps investors understand the cost of professional management versus the value added by the operator.