$23 B

VTR Mkt cap, 10-Jun-2019

$942.9 M

Ventas Revenue Q1, 2019
Ventas Net income (Q1, 2019)127.6 M
Ventas Cash, 31-Mar-201982.5 M

Ventas Revenue Breakdown

Embed Graph

Ventas revenue breakdown by business segment: 23.5% from Triple-Net Leased Properties, 51.2% from Senior Living Operations, 21.1% from Office Operations and 4.2% from Other

Ventas Income Statement

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.3b3.4b3.6b3.7b

Revenue growth, %

7%5%4%

Cost of goods sold

1.4b1.4b1.5b

Gross profit

1.9b2.0b2.1b

Gross profit Margin, %

58%58%59%

General and administrative expense

128.0m126.9m135.5m

Operating expense total

289.9m171.6m170.2m3.4b

Depreciation and amortization

894.1m898.9m887.9m919.6m

Interest expense

367.1m419.7m448.2m442.5m

Interest income

24.9m

Pre tax profit

351.7m518.5m584.7m

Income tax expense

(39.3m)(31.3m)(59.8m)40.0m

Net Income

419.2m651.5m1.4b416.0m

Ventas Balance Sheet

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018

Cash

53.0m286.7m81.4m72.3m

Goodwill

1.0b1.0b1.0b1.1b

Total Assets

22.3b23.2b24.0b22.6b

Accounts Payable

779.4m907.9m1.2b

Total Debt

11.2b11.1b11.3b

Total Liabilities

12.4b12.4b12.9b12.1b

Common Stock

83.6m88.5m89.0m

Additional Paid-in Capital

11.6b12.9b13.1b13.1b

Retained Earnings

(2.1b)(2.5b)(2.2b)(2.9b)

Total Equity

9.6b10.5b10.9b10.3b

Debt to Equity Ratio

1.2 x1.1 x1 x

Debt to Assets Ratio

0.5 x0.5 x0.5 x

Financial Leverage

2.3 x2.2 x2.2 x2.2 x

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

51.7m57.3m89.3m91.3m103.4m85.1m92.5m93.7m86.1m82.5m

Goodwill

1.0b1.0b1.0b1.0b1.0b1.0b1.0b1.0b1.0b1.1b

Total Assets

22.3b22.1b23.4b23.9b23.9b23.7b23.5b22.7b22.6b22.7b

Accounts Payable

738.3m735.3m930.1m946.7m929.6m943.8m1.1b1.1b1.1b

Total Debt

11.2b10.9b11.3b11.9b11.9b11.4b11.0b10.4b10.5b

Total Liabilities

12.4b12.1b12.6b13.3b13.2b12.8b12.6b11.9b11.9b12.3b

Common Stock

84.4m85.2m88.4m88.7m89.0m89.0m89.1m89.1m89.1m

Additional Paid-in Capital

11.8b12.0b12.9b12.9b13.0b13.0b13.1b13.1b13.1b13.2b

Retained Earnings

(2.2b)(2.3b)(2.4b)(2.6b)(2.7b)(2.4b)(2.4b)(2.5b)(2.7b)(3.1b)

Total Equity

9.7b9.7b10.6b10.5b10.4b10.8b10.8b10.7b10.5b10.2b

Debt to Equity Ratio

1.2 x1.1 x1.1 x1.1 x1.1 x1.1 x1 x1 x1 x

Debt to Assets Ratio

0.5 x0.5 x0.5 x0.5 x0.5 x0.5 x0.5 x0.5 x0.5 x

Financial Leverage

2.3 x2.3 x2.2 x2.3 x2.3 x2.2 x2.2 x2.1 x2.1 x2.2 x

Ventas Cash Flow

Annual

USDFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

419.2m651.5m1.4b416.0m

Depreciation and Amortization

973.7m898.9m887.9m919.6m

Accounts Payable

(2.2m)(38.7m)(35.3m)

Cash From Operating Activities

1.4b1.4b1.4b1.4b

Cash From Investing Activities

(2.4b)(1.2b)(976.5m)324.5m

Short-term Borrowings

(723.5m)(35.6m)384.8m

Long-term Borrowings

(1.4b)(1.0b)(1.4b)(3.5b)

Dividends Paid

(1.0b)(1.0b)(827.3m)

Cash From Financing Activities

1.0b96.8m(671.3m)(1.8b)

Net Change in Cash

(1.8m)234.5m(205.7m)

Interest Paid

391.7m395.1m409.9m

Free Cash Flow

1.3b1.3b1.3b1.2b

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

149.0m292.5m442.7m199.1m352.1m967.3m80.1m249.4m352.7m127.6m

Depreciation and Amortization

236.4m458.3m666.7m217.8m441.9m655.3m233.2m456.8m675.4m235.9m

Accounts Payable

(50.0m)(41.9m)(21.9m)(24.3m)(39.9m)(19.3m)(46.7m)(41.6m)(25.1m)

Cash From Operating Activities

277.1m660.7m1.0b335.7m723.4m1.1b308.0m710.3m1.0b336.1m

Cash From Investing Activities

(166.8m)(236.6m)(1.5b)(1.0b)(1.1b)(710.4m)170.6m725.9m664.9m(67.8m)

Short-term Borrowings

137.4m24.3m46.7m22.8m364.5m384.7m273.8m(197.7m)41.3m

Long-term Borrowings

(151.3m)(740.3m)(916.5m)(20.5m)(656.5m)(1.2b)(1.2b)(1.4b)(3.3b)(262.6m)

Dividends Paid

(245.5m)(493.5m)(750.4m)(275.4m)(551.0m)(827.3m)(281.6m)(563.4m)(845.2m)

Cash From Financing Activities

(111.8m)(419.7m)525.3m503.1m227.6m(578.3m)(503.2m)(1.5b)(1.7b)(259.8m)

Net Change in Cash

(1.4m)4.5m36.7m(183.8m)(198.9m)(206.4m)(24.7m)(29.7m)(39.3m)

Free Cash Flow

253.4m613.8m930.9m311.9m667.4m998.8m287.4m668.3m944.6m314.2m

Ventas Ratios

USDY, 2019

Financial Leverage

2.2 x

Ventas Employee Rating

3.622 votes
Culture & Values
3.8
Work/Life Balance
2.7
Senior Management
3.8
Salary & Benefits
3.9
Career Opportunities
3.4
Source