Ventas, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Ventas, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.83B | Feb 6, 2026 |
| FY2025 | Dec 31, 2024 | $4.92B | Feb 6, 2026 |
| FY2025 | Dec 31, 2023 | $4.50B | Feb 6, 2026 |
| FY2024 | Dec 31, 2022 | $4.13B | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $3.83B | Feb 15, 2024 |
| FY2020 | Dec 31, 2020 | $921.17M | Feb 23, 2021 |
| FY2020 | Sep 30, 2020 | $918.94M | Feb 23, 2021 |
| FY2020 | Jun 30, 2020 | $943.20M | Feb 23, 2021 |
| FY2020 | Mar 31, 2020 | $1.01B | Feb 23, 2021 |
| FY2020 | Dec 31, 2019 | $996.00M | Feb 23, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2010 | Dec 31, 2010 | $77.58M | Mar 1, 2011 |
| FY2010 | Sep 30, 2010 | $57.90M | Mar 1, 2011 |
| FY2010 | Jun 30, 2010 | $58.07M | Mar 1, 2011 |
| FY2010 | Mar 31, 2010 | $52.62M | Mar 1, 2011 |
| FY2010 | Dec 31, 2009 | $54.08M | Mar 1, 2011 |
| FY2010 | Sep 30, 2009 | $49.81M | Mar 1, 2011 |
| FY2010 | Jun 30, 2009 | $88.38M | Mar 1, 2011 |
| FY2010 | Mar 31, 2009 | $74.23M | Mar 1, 2011 |
| FY2010 | Dec 31, 2008 | $222.60M | Mar 1, 2011 |
| FY2009 | Dec 31, 2007 | $273.68M | Feb 19, 2010 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.65B | Feb 6, 2026 |
| FY2025 | Dec 31, 2024 | $1.33B | Feb 6, 2026 |
| FY2025 | Dec 31, 2023 | $1.12B | Feb 6, 2026 |
| FY2024 | Dec 31, 2022 | $1.12B | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $1.03B | Feb 15, 2024 |
| FY2022 | Dec 31, 2020 | $1.45B | Feb 10, 2023 |
| FY2021 | Dec 31, 2019 | $1.44B | Feb 18, 2022 |
| FY2020 | Dec 31, 2018 | $1.38B | Feb 23, 2021 |
| FY2019 | Dec 31, 2017 | $1.43B | Feb 24, 2020 |
| FY2018 | Dec 31, 2016 | $1.35B | Feb 8, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Dec 31, 2019 | $156.72M | Feb 24, 2020 |
| FY2019 | Dec 31, 2018 | $131.86M | Feb 24, 2020 |
| FY2019 | Dec 31, 2017 | $132.56M | Feb 24, 2020 |
| FY2018 | Dec 31, 2016 | $117.46M | Feb 8, 2019 |
| FY2017 | Dec 31, 2015 | $107.49M | Feb 9, 2018 |
| FY2016 | Dec 31, 2014 | $87.45M | Feb 14, 2017 |
| FY2015 | Dec 31, 2013 | $81.61M | Feb 12, 2016 |
| FY2014 | Dec 31, 2012 | $69.43M | Feb 13, 2015 |
| FY2013 | Dec 31, 2011 | $50.47M | Sep 4, 2014 |
| FY2012 | Dec 31, 2010 | $18.19M | Feb 19, 2013 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $27.59B | Feb 6, 2026 |
| FY2025 | Dec 31, 2024 | $26.19B | Feb 6, 2026 |
| FY2024 | Dec 31, 2023 | $24.73B | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $24.16B | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $24.72B | Feb 10, 2023 |
| FY2021 | Dec 31, 2020 | $23.93B | Feb 18, 2022 |
| FY2020 | Dec 31, 2019 | $24.69B | Feb 23, 2021 |
| FY2019 | Dec 31, 2018 | $22.58B | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | $23.95B | Feb 8, 2019 |
| FY2017 | Dec 31, 2016 | $23.17B | Feb 9, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $14.63B | Feb 6, 2026 |
| FY2025 | Dec 31, 2024 | $15.05B | Feb 6, 2026 |
| FY2024 | Dec 31, 2023 | $14.88B | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $13.67B | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $13.49B | Feb 10, 2023 |
| FY2021 | Dec 31, 2020 | $13.42B | Feb 18, 2022 |
| FY2020 | Dec 31, 2019 | $13.87B | Feb 23, 2021 |
| FY2019 | Dec 31, 2018 | $12.12B | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | $12.86B | Feb 8, 2019 |
| FY2017 | Dec 31, 2016 | $12.44B | Feb 9, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $12.53B | Feb 6, 2026 |
| FY2025 | Dec 31, 2024 | $10.77B | Feb 6, 2026 |
| FY2024 | Dec 31, 2023 | $9.49B | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $10.15B | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $10.85B | Feb 10, 2023 |
| FY2021 | Dec 31, 2020 | $10.18B | Feb 18, 2022 |
| FY2020 | Dec 31, 2019 | $10.45B | Feb 23, 2021 |
| FY2019 | Dec 31, 2018 | $10.22B | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | $10.87B | Feb 8, 2019 |
| FY2017 | Dec 31, 2016 | $10.46B | Feb 9, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.05B | Feb 6, 2026 |
| FY2025 | Dec 31, 2024 | $1.04B | Feb 6, 2026 |
| FY2024 | Dec 31, 2023 | $1.05B | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $1.04B | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $1.05B | Feb 10, 2023 |
| FY2021 | Dec 31, 2020 | $1.05B | Feb 18, 2022 |
| FY2020 | Dec 31, 2019 | $1.05B | Feb 23, 2021 |
| FY2019 | Dec 31, 2018 | $1.05B | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | $1.03B | Feb 8, 2019 |
| FY2017 | Dec 31, 2016 | $1.03B | Feb 9, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($7.53B) | Feb 6, 2026 |
| FY2025 | Dec 31, 2024 | ($6.89B) | Feb 6, 2026 |
| FY2024 | Dec 31, 2023 | ($6.21B) | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | ($5.45B) | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | ($4.68B) | Feb 10, 2023 |
| FY2021 | Dec 31, 2020 | ($4.03B) | Feb 18, 2022 |
| FY2020 | Dec 31, 2019 | ($3.67B) | Feb 23, 2021 |
| FY2019 | Dec 31, 2018 | ($2.93B) | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | ($2.24B) | Feb 8, 2019 |
| FY2017 | Dec 31, 2016 | ($2.49B) | Feb 9, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $741.07M | Feb 6, 2026 |
| FY2025 | Dec 31, 2024 | $897.85M | Feb 6, 2026 |
| FY2024 | Dec 31, 2023 | $508.79M | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $122.56M | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $149.73M | Feb 10, 2023 |
| FY2021 | Dec 31, 2020 | $413.33M | Feb 18, 2022 |
| FY2020 | Dec 31, 2019 | $106.36M | Feb 23, 2021 |
| FY2019 | Dec 31, 2018 | $72.28M | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | $81.36M | Feb 8, 2019 |
| FY2017 | Dec 31, 2016 | $286.71M | Feb 9, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $13.01B | Feb 6, 2026 |
| FY2025 | Dec 31, 2024 | $13.52B | Feb 6, 2026 |
| FY2024 | Dec 31, 2023 | $13.49B | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $12.30B | Feb 15, 2024 |
| FY2022 | Dec 31, 2021 | $12.03B | Feb 10, 2023 |
| FY2021 | Dec 31, 2020 | $11.90B | Feb 18, 2022 |
| FY2020 | Dec 31, 2019 | $12.16B | Feb 23, 2021 |
| FY2019 | Dec 31, 2018 | $10.73B | Feb 24, 2020 |
| FY2018 | Dec 31, 2017 | $11.28B | Feb 8, 2019 |
| FY2017 | Dec 31, 2016 | $11.13B | Feb 9, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 6, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 6, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 6, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Feb 15, 2024 |
| FY2020 | Dec 31, 2020 | 0 | Feb 23, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Feb 23, 2021 |
| FY2020 | Jun 30, 2020 | 0 | Feb 23, 2021 |
| FY2020 | Mar 31, 2020 | 1 | Feb 23, 2021 |
| FY2020 | Dec 31, 2019 | 0 | Feb 23, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 6, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 6, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 6, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Feb 15, 2024 |
| FY2020 | Dec 31, 2020 | 0 | Feb 23, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Feb 23, 2021 |
| FY2020 | Jun 30, 2020 | 0 | Feb 23, 2021 |
| FY2020 | Mar 31, 2020 | 1 | Feb 23, 2021 |
| FY2020 | Dec 31, 2019 | 0 | Feb 23, 2021 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $860.06M | Feb 6, 2026 |
| FY2025 | Dec 31, 2024 | $740.33M | Feb 6, 2026 |
| FY2025 | Dec 31, 2023 | $723.56M | Feb 6, 2026 |
| FY2024 | Dec 31, 2022 | $720.32M | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $686.89M | Feb 15, 2024 |
| FY2022 | Dec 31, 2020 | $928.81M | Feb 10, 2023 |
| FY2021 | Dec 31, 2019 | $1.16B | Feb 18, 2022 |
| FY2020 | Dec 31, 2018 | $1.13B | Feb 23, 2021 |
| FY2019 | Dec 31, 2017 | $827.29M | Feb 24, 2020 |
| FY2018 | Dec 31, 2016 | $1.02B | Feb 8, 2019 |