Ventas, Inc. (NYSE: VTR), an S&P 500 company, is a leading real estate investment trust (REIT), with a highly diversified portfolio of nearly 1300 seniors housing and healthcare properties in the United States, Canada and the United Kingdom. Through its Lillibridge subsidiary, Ventas provides management, leasing, marketing, facility development and advisory services to highly rated hospitals and health systems throughout the United States. In 2014, Ventas was the recipient of NAREIT’s “Health Care Leader in the Light Award,” the highest achievement in sustainability for healthcare real estate companies. Ventas was also named by Fortune magazine as one of the “World’s Most Admired Real Estate Companies” and by Modern Healthcare as one of “Healthcare’s Hottest Companies” in 2013.
Our balanced portfolio of high-quality assets boasts diversification across all key measures – geography, asset type, tenant/manager mix, revenue source and operating model. We are the largest owner of private pay seniors housing properties, and benefit from relationships with over 100 tenants and managers, including industry-leading tenants/managers such as Atria Senior Living Inc., Brookdale Senior Living, Inc. (NYSE: BKD), Kindred Healthcare, Inc. (NYSE: KND) and Sunrise Senior Living, Inc.
We also have a major national presence in the fast-growing medical office building (MOB) sector, owning and managing over 20 million square feet across our two leading platforms: Lillibridge Healthcare Services, Inc., a Ventas company, and Pacific Medical Buildings, our West Coast strategic partner. Almost all of our MOBs are located on campus, aligning us with over 60 leading health systems and hospitals.
Our balanced portfolio of high-quality assets boasts diversification across all key measures – geography, asset type, tenant/manager mix, revenue source and operating model. We are the largest owner of private pay seniors housing properties, and benefit from relationships with over 100 tenants and managers, including industry-leading tenants/managers such as Atria Senior Living Inc., Brookdale Senior Living, Inc. (NYSE: BKD), Kindred Healthcare, Inc. (NYSE: KND) and Sunrise Senior Living, Inc.
We also have a major national presence in the fast-growing medical office building (MOB) sector, owning and managing over 20 million square feet across our two leading platforms: Lillibridge Healthcare Services, Inc., a Ventas company, and Pacific Medical Buildings, our West Coast strategic partner. Almost all of our MOBs are located on campus, aligning us with over 60 leading health systems and hospitals.
Company Growth (employees)
Ventas is headquartered in Chicago, US
Ventas Office Locations
Ventas has offices in Chicago, Louisville, Irvine and Plano
Chicago, US (HQ)
3300 353 N Clark St
Plano, US
2745 North Dallas Parkway Suite 570
Irvine, US
800 2050 Main St
Louisville, US
300 10350 Ormsby Park Pl
Ventas Data and Metrics
Ventas Financial Metrics
Ventas's revenue was reported to be $883.4 m in Q1, 2017
USD
Revenue (Q1, 2017) | 883.4 m |
Net income (Q1, 2017) | 199.1 m |
Market capitalization (18-Aug-2017) | 23.7 b |
Cash (31-Mar-2017) | 91.3 m |
Ventas's current market capitalization is $23.7 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 2.8 b | 3.1 b | 3.3 b | 3.4 b |
Revenue growth, % | 9% | 7% | 5% | |
Operating expense total | 2.3 b | 2.6 b | 2.9 b | 2.9 b |
EBIT | 479 m | 448.5 m | 351.7 m | |
EBIT margin, % | 17% | 15% | 11% | |
Interest expense | 334.5 m | 376.8 m | 367.1 m | 419.7 m |
Income tax expense | 11.8 m | 8.7 m | 39.3 m | 31.3 m |
Net Income | 454.9 m | 477.2 m | 419.2 m | 651.5 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 891.3 m | 827.6 m | 852.3 m | 848.4 m | 867.1 m | 883.4 m | |||
Net Income | 259.8 m | 369.5 m | 120.8 m | 271.2 m | 294.2 m | 149 m | 292.5 m | 442.7 m | 199.1 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 94.8 m | 55.3 m | 53 m | 286.7 m |
Goodwill | 1 b | 1 b | ||
Total Assets | 19.7 b | 21.2 b | 22.3 b | 23.2 b |
Accounts Payable | 1 b | 1 b | 779.4 m | 30.4 m |
Total Liabilities | 12.4 b | |||
Additional Paid-in Capital | 10.1 b | 10.1 b | 11.6 b | 12.9 b |
Retained Earnings | (1.1 b) | (1.5 b) | (2.1 b) | (2.5 b) |
Total Equity | 8.9 b | 8.8 b | 9.6 b | 10.5 b |
Financial Leverage | 2.2 x | 2.4 x | 2.3 x | 2.2 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 86.6 m | 64.6 m | 120.2 m | 60.5 m | 65.2 m | 51.7 m | 57.3 m | 89.3 m | 91.3 m |
Goodwill | 1.1 b | 1 b | 1 b | 1 b | 1 b | ||||
Total Assets | 19.8 b | 20.7 b | 24.4 b | 24.3 b | 22.4 b | 22.3 b | 22.1 b | 23.4 b | 23.9 b |
Additional Paid-in Capital | 9.8 b | 9.9 b | 12.6 b | 12.7 b | 11.5 b | 11.8 b | 12 b | 12.9 b | 12.9 b |
Retained Earnings | (1.3 b) | (1.4 b) | (1.7 b) | (1.8 b) | (2 b) | (2.2 b) | (2.3 b) | (2.4 b) | (2.6 b) |
Total Equity | 8.7 b | 8.6 b | 11.1 b | 11.1 b | 9.7 b | 9.7 b | 9.7 b | 10.6 b | 10.5 b |
Financial Leverage | 2.3 x | 2.4 x | 2.2 x | 2.2 x | 2.3 x | 2.3 x | 2.3 x | 2.2 x | 2.3 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 454.9 m | 477.2 m | 419.2 m | 651.5 m |
Depreciation and Amortization | 769.9 m | 828.5 m | 894.1 m | 898.9 m |
Cash From Operating Activities | 1.2 b | 1.3 b | 1.4 b | 1.4 b |
Capital Expenditures | (81.6 m) | (87.5 m) | (107.5 m) | (117.5 m) |
Cash From Investing Activities | (1.3 b) | (2.1 b) | (2.4 b) | (1.2 b) |
Long-term Borrowings | (1.8 b) | (1.2 b) | (1.4 b) | (1 b) |
Cash From Financing Activities | 115 m | 758.1 m | 1 b | 101.7 m |
Free Cash Flow | 1.3 b | 1.3 b | 1.5 b | 1.3 b |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 259.8 m | 369.5 m | 120.8 m | 271.2 m | 294.2 m | 149 m | 292.5 m | 442.7 m | 199.1 m |
Depreciation and Amortization | 385.9 m | 587.2 m | 247.5 m | 496.7 m | 736.9 m | 236.4 m | 458.3 m | 666.7 m | 217.8 m |
Cash From Operating Activities | 595.7 m | 920 m | 344.2 m | 717.7 m | 1 b | 272.9 m | 656.5 m | 1 b | 335.7 m |
Capital Expenditures | (35.5 m) | (56.2 m) | (21.2 m) | (43.4 m) | (75.8 m) | (23.7 m) | (46.9 m) | (75.3 m) | (23.8 m) |
Cash From Investing Activities | (385.4 m) | (1.2 b) | (908.5 m) | (996.7 m) | (2.3 b) | (166.8 m) | (236.6 m) | (1.5 b) | (1 b) |
Long-term Borrowings | (272.7 m) | (905.1 m) | (24.6 m) | (278.4 m) | (1.3 b) | (151.3 m) | (740.3 m) | (916.5 m) | (20.5 m) |
Cash From Financing Activities | (218.1 m) | 282 m | 629.5 m | 284.1 m | 1.2 b | (107.6 m) | (415.5 m) | 530.2 m | 503.1 m |
Free Cash Flow | 560.2 m | 863.7 m | 323 m | 674.3 m | 946.2 m | 249.2 m | 609.6 m | 926 m | 311.9 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 1.8 m |
Financial Leverage | 2.3 x |
