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Ventas income statement

In fiscal 2025, Ventas reported revenue of $5.83bn, up 18.5% on the year before and net income of $251m, or $0.54 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ventas: income statement, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue9231,0011,7322,4702,5172,7773,2863,4443,5743,7463,8733,7953,8284,1294,4984,9245,8346,784
General and administrative39507599115122128127135146159130130145149163177198
Interest expense174172224289249292367420448442452470440468574603612632
Provision for credit losses0————————0024−920−20−00—
Income before tax19222333028336435135251958538535981−162−94−116−8204219
Income tax−25−31−6−12−9−39−31−60−40−56−975−17−10−38−14−62
Net income2662463643634544764186491,35640943343949−47−4181251262
Diluted EPS$1.74$1.56$1.58$1.23$1.54$1.60$1.25$1.86$3.78$1.14$1.17$1.17$0.13−$0.12−$0.10$0.19$0.54$0.53
Diluted shares (average)153m158m231m294m295m297m334m348m359m359m370m377m386m403m406m416m463m496m

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Ventas's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ventas.