| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Land and improvements | 2,921,732 | 2,841,538 | 2,815,178 | 2,638,649 |
| Buildings and improvements | 30,488,097 | 29,717,624 | 29,327,280 | 27,626,929 |
| Construction in progress | 345,988 | 306,033 | 354,601 | 362,189 |
| Acquired lease intangibles | 1,661,521 | 1,556,165 | 1,608,019 | 1,460,883 |
| Operating lease assets | 299,490 | 302,440 | 306,042 | 309,765 |
| Gross real estate investments | 35,716,828 | 34,723,800 | 34,411,120 | 32,398,415 |
| Accumulated depreciation and amortization | 11,792,468 | 11,568,396 | 11,364,107 | 10,888,157 |
| Net real estate property | 23,924,360 | 23,155,404 | 23,047,013 | 21,510,258 |
| Secured loans receivable and investments, net | 182,504 | 183,652 | 145,184 | 144,797 |
| Investments in unconsolidated real estate entities | 653,328 | 626,571 | 632,082 | 622,996 |
| Net real estate investments | 24,760,192 | 23,965,627 | 23,824,279 | 22,278,051 |
| Cash and cash equivalents | 188,617 | 614,200 | 182,335 | 1,104,733 |
| Escrow deposits and restricted cash | 53,934 | 62,557 | 63,628 | 60,964 |
| Goodwill | 1,046,039 | 1,046,384 | 1,045,399 | 1,045,955 |
| Assets held for sale | 70,086 | 50,092 | 154,912 | 50,637 |
| Deferred income tax assets, net | 2,317 | 2,167 | 1,774 | 3,495 |
| Other assets | 804,519 | 733,902 | 759,968 | 803,354 |
| Total assets | 26,925,704 | 26,474,929 | 26,032,295 | 25,347,189 |
| Senior notes payable and other debt | 12,571,614 | 13,056,312 | 12,701,675 | 13,668,871 |
| Accrued interest payable | 113,252 | 130,407 | 106,804 | 113,753 |
| Operating lease liabilities | 216,108 | 217,433 | 219,817 | 215,440 |
| Accounts payable and other liabilities | 1,226,390 | 1,132,187 | 1,126,242 | 1,148,752 |
| Liabilities related to assets held for sale | 3,708 | 3,442 | 2,374 | 5,252 |
| Deferred income tax liabilities | 20,923 | 13,988 | 9,538 | 36,755 |
| Total liabilities | 14,151,995 | 14,553,769 | 14,166,450 | 15,188,823 |
| Redeemable op unitholder and noncontrolling interests | 349,951 | 328,699 | 339,729 | 329,688 |
| Preferred stock | 0 | 0 | 0 | 0 |
| Common stock | 116,939 | 113,216 | 112,497 | 104,723 |
| Capital in excess of par value | 19,695,187 | 18,701,834 | 18,488,381 | 16,466,182 |
| Accumulated other comprehensive loss | -37,790 | -33,804 | -32,070 | -38,472 |
| Retained earnings (deficit) | -7,369,240 | -7,208,703 | -7,057,776 | -6,748,224 |
| Treasury stock | 43,172 | 43,155 | 41,475 | 25,115 |
| Total ventas stockholders equity | 12,361,924 | 11,529,388 | 11,469,557 | 9,759,094 |
| Noncontrolling interests | 61,834 | 63,073 | 56,559 | 69,584 |
| Total equity | 12,423,758 | 11,592,461 | 11,526,116 | 9,828,678 |
| Total liabilities and equity | 26,925,704 | 26,474,929 | 26,032,295 | 25,347,189 |
Ventas, Inc. (VTR)
Ventas, Inc. (VTR)