Ventas, Inc. (VTR) Earnings History
Turnaround31 years of earnings data (1995–2025) · Recovering earnings after a multi-year decline
Loading earnings history...
Ventas, Inc. (VTR) Earnings Overview
As of July 8, 2026, Ventas, Inc. (VTR) reported trailing twelve-month net income of $260M, reflecting +184.2% year-over-year growth. The company earned $0.54 per diluted share over the past four quarters, with a net profit margin of 4.3%.
Looking at the long-term picture, VTR's 5-year EPS compound annual growth rate (CAGR) stands at -14.3%, signaling declining earnings. The company achieved its highest annual net income of $1.36B in fiscal 2017.
Ventas, Inc. maintains positive profitability with a gross margin of -5.9%, operating margin of 14.2%, and net margin of 4.3%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including WELL ($1.43B net income, 8.8% margin), HR (-$201M net income, -20.8% margin), OHI ($632M net income, 49.3% margin), VTR has room to improve margins relative to the peer group. Compare VTR vs WELL →
VTR Earnings vs Peers
Earnings metrics vs comparable public companies
VTR Historical Earnings Data (1995–2025)
31 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $251M | +209.8% | $827M | $0.54 | 4.3% | 14.2% |
| 2024 | $81M | +298.1% | $681M | $0.19 | 1.6% | 13.8% |
| 2023 | -$41M | +13.6% | $416M | $-0.10 | -0.9% | 9.2% |
| 2022 | -$47M | -196.8% | $484M | $-0.13 | -1.1% | 11.7% |
| 2021 | $49M | -88.8% | $421M | $0.13 | 1.3% | 11.0% |
| 2020 | $439M | +1.4% | $591M | $1.17 | 11.6% | 15.6% |
| 2019 | $433M | +5.8% | $858M | $1.17 | 11.2% | 22.2% |
| 2018 | $409M | -69.8% | $861M | $1.14 | 10.9% | 23.0% |
| 2017 | $1.36B | +108.9% | $622M | $3.78 | 38.0% | 17.4% |
| 2016 | $649M | +55.4% | $557M | $1.86 | 18.9% | 16.2% |
| 2015 | $418M | -12.2% | $835M | $1.25 | 12.7% | 25.4% |
| 2014 | $476M | +4.9% | $876M | $1.60 | 15.5% | 28.5% |
| 2013 | $454M | +25.0% | $836M | $1.54 | 16.1% | 29.7% |
| 2012 | $363M | -0.5% | $694M | $1.23 | 14.6% | 27.9% |
| 2011 | $364M | +48.1% | $51M | $1.58 | 20.7% | 2.9% |
| 2010 | $246M | -7.6% | $52M | $1.56 | 24.2% | 5.1% |
| 2009 | $266M | +17.8% | $208M | $1.74 | 28.6% | 22.3% |
| 2008 | $226M | -19.8% | $145M | $1.62 | 24.3% | 15.6% |
| 2007 | $282M | +114.8% | $126M | $2.25 | 36.6% | 16.4% |
| 2006 | $131M | +0.6% | $125M | $1.25 | 31.4% | 30.0% |
| 2005 | $131M | +8.0% | $100M | $1.36 | 40.2% | 30.9% |
| 2004 | $121M | -25.7% | $87M | $1.43 | 51.9% | 37.4% |
| 2003 | $163M | +147.7% | $120M | $2.03 | 79.4% | 58.4% |
| 2002 | $66M | +29.9% | $130M | $0.93 | 33.4% | 66.0% |
| 2001 | $51M | +177.3% | $145M | $0.73 | 24.7% | 70.7% |
| 2000 | -$65M | -253.9% | $323M | $-0.96 | -27.0% | 133.1% |
| 1999 | $43M | +59.0% | $135M | $0.63 | 18.2% | 57.9% |
| 1998 | $27M | -79.6% | $112M | $0.39 | 17.8% | 74.7% |
| 1997 | $131M | +172.7% | $327M | $1.86 | 4.2% | 10.5% |
| 1996 | $48M | +422.4% | $48M | $0.68 | 1.9% | 1.9% |
| 1995 | -$15M | - | $8M | $-0.21 | -0.6% | 0.4% |
Download Data
Export VTR earnings history in CSV or JSON format
Free sign-in required to download data
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
31+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
VTR — Frequently Asked Questions
Quick answers to the most common questions about buying VTR stock.
What is VTR earnings per share (EPS)?
VTR trailing twelve-month (TTM) diluted EPS is $0.54, reflecting +184.2% year-over-year growth. The 5-year EPS CAGR is -14.3%. Complete EPS history from 1995 to 2025 is available in the table on this page.
What is Ventas, Inc.'s net income?
Ventas, Inc. (VTR) trailing twelve-month net income is $260M as of 2025. Earnings grew +184.2% year-over-year. Ventas, Inc. has been profitable for 2 consecutive years.
Is VTR profitable?
Yes, VTR is profitable with a TTM net income of $260M and a net profit margin of +4.3%. Ventas, Inc. has generated profits for 2 consecutive years.
What is VTR's earnings growth rate?
VTR compound annual EPS growth rates (CAGR): 1-Year: +184.2%, 3-Year: N/A, 5-Year: -14.3%, 10-Year: -8.1%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1995 to 2025.
What are VTR's profit margins?
Ventas, Inc. net profit margin is +4.3%, operating margin is +14.2%, and gross margin is -5.9%. Below-average margins reflect competitive or cost pressures. Return on Equity is +2.1%.
Is VTR growing earnings?
Yes, VTR earnings are accelerating — EPS growth of +184.2% exceeds the 5-year CAGR of -14.3%. TTM net income reached $260M. Earnings momentum is strengthening.
What was VTR's best earnings year?
Ventas, Inc.'s highest annual net income on record is $1.4B, achieved in fiscal year 2017. Earnings history on this page spans 1995 to 2025 and includes all annual and quarterly figures.
What were VTR's earnings last quarter?
VTR's most recent reported quarter was Q1 2026. Net income was $56M with diluted EPS of $0.11. For a full breakdown of all quarters, see the quarterly earnings table on this page.