Ventas, Inc. (VTR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
300 N LASALLE STREET CHICAGO, IL 60654 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 898 | 509 | 123 | 150 | 413 | 106 | |||
| Cash and cash equivalent | 898 | 509 | 123 | 150 | 413 | 106 | |||
| Receivables | 108 | ||||||||
| Total current assets: | 1,006 | 509 | 123 | 150 | 413 | 106 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 308 | 312 | 310 | 318 | 346 | 385 | |||
| Property, plant and equipment | 3,112 | 2,964 | 2,748 | 2,701 | 2,527 | 2,745 | |||
| Intangible assets, net (including goodwill), including: | 1,358 | 1,338 | 1,364 | 1,506 | 1,377 | 1,472 | |||
| Goodwill | 1,045 | 1,045 | 1,044 | 1,046 | 1,052 | 1,051 | |||
| Intangible assets, net (excluding goodwill) | 284 | 264 | 291 | 433 | 294 | 391 | |||
| Other undisclosed intangible assets, net (including goodwill) | 30 | 29 | 28 | 27 | 31 | 31 | |||
| Deferred income tax assets | 2 | 2 | 10 | 11 | 10 | 47 | |||
| Total noncurrent assets: | 4,780 | 4,616 | 4,433 | 4,536 | 4,260 | 4,650 | |||
| Other undisclosed assets | 20,400 | 19,600 | 19,602 | 20,032 | 19,256 | 19,935 | |||
| TOTAL ASSETS: | 26,187 | 24,725 | 24,158 | 24,718 | 23,929 | 24,692 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 403 | 280 | 567 | ||||||
| Total current liabilities: | 403 | 280 | 567 | ||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 8 | 25 | 36 | 59 | 63 | ||||
| Deferred income tax liabilities | 8 | 25 | 36 | 59 | 63 | ||||
| Total noncurrent liabilities: | 8 | 25 | 36 | 59 | 63 | ||||
| Other undisclosed liabilities | 15,039 | 14,854 | 13,233 | 13,152 | 13,353 | 13,306 | |||
| Total liabilities: | 15,047 | 14,878 | 13,672 | 13,492 | 13,416 | 13,873 | |||
| Temporary equity, including noncontrolling interest | 310 | 303 | 265 | 280 | 235 | 274 | |||
| Equity | |||||||||
| Equity, attributable to parent | 10,771 | 9,488 | 10,153 | 10,854 | 10,180 | 10,446 | |||
| Common stock | 109 | 101 | 100 | 100 | 94 | 93 | |||
| Treasury stock, value | (25) | (14) | (1) | (0) | |||||
| Additional paid in capital | 17,607 | 15,651 | 15,540 | 15,499 | 14,171 | 14,056 | |||
| Accumulated other comprehensive loss | (34) | (36) | (37) | (65) | (54) | (35) | |||
| Accumulated deficit | (6,887) | (6,214) | (5,449) | (4,680) | (4,030) | (3,669) | |||
| Equity, attributable to noncontrolling interest | 58 | 56 | 69 | 91 | 98 | 100 | |||
| Total equity: | 10,830 | 9,544 | 10,222 | 10,946 | 10,278 | 10,545 | |||
| TOTAL LIABILITIES AND EQUITY: | 26,187 | 24,725 | 24,158 | 24,718 | 23,929 | 24,692 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,924 | 4,498 | 4,129 | 3,828 | 3,795 | 3,873 | ||
| Operating lease, lease income | 1,497 | 1,486 | 1,399 | 1,448 | 1,610 | |||
| Cost of revenue | (3,496) | (3,057) | (2,829) | (2,835) | (2,707) | (3,539) | ||
| Cost of product and service sold | (2,827) | (2,561) | (2,283) | (2,088) | (1,940) | (2) | ||
| Gross profit: | 1,429 | 1,441 | 1,300 | 993 | 1,088 | 333 | ||
| Operating expenses | (1,437) | (1,557) | (1,394) | (1,156) | (1,008) | 26 | ||
| Operating income (loss): | (8) | (116) | (94) | (162) | 81 | 359 | ||
| Nonoperating income (expense) | 34 | |||||||
| Investment income, nonoperating | 34 | |||||||
| Other nonoperating expense | ||||||||
| Interest and debt expense | (1) | (568) | (468) | (499) | (480) | (42) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 499 | 480 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (9) | (650) | (562) | (162) | 81 | 318 | ||
| Income from equity method investments | 14 | 29 | ||||||
| Other undisclosed income from continuing operations before income taxes | 1 | 521 | 440 | |||||
| Income (loss) from continuing operations before income taxes: | (8) | (116) | (94) | (162) | 81 | 318 | ||
| Income tax expense (benefit) | 38 | 10 | 17 | (5) | 97 | 56 | ||
| Other undisclosed income from continuing operations | 76 | 36 | 224 | 264 | 65 | |||
| Income (loss) from continuing operations: | 30 | (30) | (41) | 57 | 441 | 439 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 57 | 441 | 439 | |
| Other undisclosed net income | 59 | |||||||
| Net income (loss): | 88 | (30) | (41) | 57 | 441 | 439 | ||
| Net loss attributable to noncontrolling interest | (7) | (11) | (7) | (8) | (2) | (6) | ||
| Net income (loss) available to common stockholders, diluted: | 81 | (41) | (47) | 49 | 439 | 433 | ||
Comprehensive Income ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 88 | (30) | (41) | 57 | 441 | 439 | ||
| Other comprehensive income (loss) | (6) | 2 | 26 | (7) | (18) | (13) | ||
| Comprehensive income (loss): | 82 | (28) | (15) | 49 | 423 | 426 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1 | (12) | (4) | (10) | (4) | (8) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 83 | (40) | (20) | 39 | 419 | 418 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.