For the year ending 2025-12-31, VTR has $27,591,945K in assets. $14,630,983K in debts. $741,067K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Land and improvements | 2,962,738 | 2,775,790 | 2,596,274 | 2,437,905 |
| Buildings and improvements | 30,872,598 | 28,717,990 | 27,201,381 | 26,020,048 |
| Construction in progress | 358,811 | 336,231 | 368,143 | 310,456 |
| Acquired lease intangibles | 1,680,567 | 1,558,751 | 1,448,146 | 1,346,190 |
| Operating lease assets | 295,838 | 308,019 | 312,142 | 310,307 |
| Gross real estate investment | 36,170,552 | 33,696,781 | 31,926,086 | 30,424,906 |
| Accumulated depreciation and amortization | 12,043,619 | 11,096,236 | 10,177,136 | 9,264,456 |
| Net real estate property | 24,126,933 | 22,600,545 | 21,748,950 | 21,160,450 |
| Secured loans receivable and investments, net | 143,913 | 144,872 | 27,986 | 537,075 |
| Investments in unconsolidated real estate entities | 617,571 | 626,122 | 598,206 | 579,949 |
| Net real estate investments | 24,888,417 | 23,371,539 | 22,375,142 | 22,277,474 |
| Cash and cash equivalents | 741,067 | 897,850 | 508,794 | 122,564 |
| Escrow deposits and restricted cash | 45,070 | 59,383 | 54,668 | 48,181 |
| Goodwill | 1,046,072 | 1,044,915 | 1,045,176 | 1,044,415 |
| Assets held for sale | 42,993 | 18,625 | 56,489 | 44,893 |
| Deferred income tax assets, net | 2,797 | 1,931 | 1,754 | 10,490 |
| Straight-line rent receivables | 250,833 | 202,675 | 194,108 | 187,536 |
| Deferred lease costs, net | 163,481 | 145,973 | 118,556 | - |
| Accounts receivable, net | 99,872 | 108,138 | - | - |
| Investment in unconsolidated operating entities | 100,614 | 95,623 | 80,312 | 95,363 |
| Stock warrants | - | 40,192 | 59,281 | 23,621 |
| Prepaid assets | 81,389 | - | - | - |
| Non-mortgage loans receivable, net | 20,827 | 28,129 | 26,152 | 24,338 |
| Other intangibles, net | 10,681 | 11,513 | 5,584 | 6,393 |
| Other | 97,832 | 160,420 | 199,417 | 272,572 |
| Other assets | 825,529 | 792,663 | 683,410 | 609,823 |
| Total assets | 27,591,945 | 26,186,906 | 24,725,433 | 24,157,840 |
| Line of credit facility, amount outstanding-Revolving Credit Facility-Unsecured Debt | - | - | - | 25,230 |
| Commercial paper notes | - | - | - | 403,000 |
| Senior notes-A2.55Senior Notes Series Ddue2023 | - | - | - | 202,967 |
| Senior notes-A3.50Senior Notesdue2024 | - | - | - | 400,000 |
| Senior notes-Three Point Seven Five Zero Percent Senior Notes Due2024 | - | - | - | 400,000 |
| Senior notes-A4.125Senior Notes Series Bdue2024 | - | - | - | 184,515 |
| Senior notes-A2.80Senior Notes Series Edue2024 | - | - | - | 442,837 |
| Unsecured debt-Unsecured Term Loandue2025 | - | - | - | 369,031 |
| Senior notes-Three Point Five Zero Zero Senior Notes Due2025 | - | - | - | 600,000 |
| Senior notes-A2.65Senior Notesdue2025 | - | - | - | 450,000 |
| Senior notes-Four Point One Two Five Senior Notes Due2026 | - | - | - | 500,000 |
| Senior notes-Senior Notes Due2026Three Point Two Five Percent | - | - | - | 450,000 |
| Senior notes-Unsecured Term Loan Due2027 | - | - | - | 500,000 |
| Senior notes-A245Senior Notes Series GDue2027 | - | - | - | 350,579 |
| Senior notes-A3.850Senior Notes Due2037 | - | - | - | 400,000 |
| Senior notes-A4.00Senior Notesdue2028 | - | - | - | 650,000 |
| Senior notes-A4.400Senior Notesdue2029 | - | - | - | 750,000 |
| Senior notes-A3.00Senior Notesdue2030 | - | - | - | 650,000 |
| Senior notes-A4.75Senior Notesdue2030 | - | - | - | 500,000 |
| Senior notes-A250Senior Notes Due2031 | - | - | - | 500,000 |
| Senior notes-A330Senior Notes Series HDue2031 | - | - | - | 221,419 |
| Senior notes-Six Point Nine Zero Percent Senior Notes Due2037 | - | - | - | 52,400 |
| Senior notes-Six Point Five Nine Percent Senior Notes Due2038 | - | - | - | 22,823 |
| Senior notes-Five Point Seven Zero Percent Senior Notes Due2043 | - | - | - | 300,000 |
| Senior notes-Four Point Three Seven Five Percent Senior Notes Due2045 | - | - | - | 300,000 |
| Senior notes-A4.875Senior Notesdue2049 | - | - | - | 300,000 |
| Mortgages | - | - | - | 2,436,443 |
| Long-term debt, gross | 13,103,627 | 13,618,802 | 13,568,598 | 12,361,244 |
| Deferred financing costs, net | 81,529 | 92,365 | 84,034 | -63,410 |
| Unamortized fair value adjustment | 6,422 | 11,587 | 17,081 | 23,535 |
| Unamortized discounts | 17,504 | 15,473 | 10,749 | -24,589 |
| Senior notes payable and other debt | 13,011,016 | 13,522,551 | 13,490,896 | 12,296,780 |
| Accrued interest payable | 143,104 | 143,345 | 117,403 | 110,542 |
| Operating lease liabilities | 208,602 | 218,003 | 194,734 | 190,440 |
| Accounts payable and other liabilities | 1,240,820 | 1,152,306 | 1,041,616 | 1,031,689 |
| Liabilities related to assets held for sale | 4,032 | 2,726 | 9,243 | 6,492 |
| Deferred income tax liabilities | 23,409 | 8,150 | 24,500 | 35,570 |
| Total liabilities | 14,630,983 | 15,047,081 | 14,878,392 | 13,671,513 |
| Redeemable op unitholder and noncontrolling interests | 375,154 | 310,229 | 302,636 | 264,650 |
| Preferred stock, 1.00 par value 10,000 shares authorized, unissued | 0 | 0 | 0 | 0 |
| Common stock, 0.25 par value 1,200,000 shares authorized, 474,926 and 437,085 shares outstanding at december 31, 2025 and 2024, respectively | 118,732 | 109,119 | 100,648 | 99,912 |
| Capital in excess of par value | 19,976,183 | 17,607,482 | 15,650,734 | 15,539,777 |
| Accumulated other comprehensive loss | -39,851 | -33,526 | -35,757 | -36,800 |
| Retained earnings (deficit) | -7,527,777 | -6,886,653 | -6,213,803 | -5,449,385 |
| Treasury stock, 0 and 4 shares issued at december31, 2025 and 2024, respectively | 34 | 25,155 | 13,764 | 536 |
| Total ventas stockholders equity | 12,527,253 | 10,771,267 | 9,488,058 | 10,152,968 |
| Noncontrolling interests | 58,555 | 58,329 | 56,347 | 68,709 |
| Total equity | 12,585,808 | 10,829,596 | 9,544,405 | 10,221,677 |
| Total liabilities and equity | 27,591,945 | 26,186,906 | 24,725,433 | 24,157,840 |
Ventas, Inc. (VTR)
Ventas, Inc. (VTR)