← Ventas, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $649.2m |
$1.4b
+108.93%
|
$409.5m
-69.81%
|
$433.0m
+5.75%
|
$439.1m
+1.42%
|
$49.0m
-88.84%
|
($47.4m)
-196.81%
|
($41.0m)
+13.64%
|
$81.2m
+298.06%
|
$251.4m
+209.76%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $651.5m | $1.4b | $416.0m | $439.3m | $441.2m | $56.6m | ($40.9m) | ($30.3m) | $88.4m | $261.5m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $2.3m | $4.6m | $6.5m | $6.3m | $2.0m | $7.6m | $6.5m | $10.7m | $7.2m | $10.1m | — | |
| Depreciation and amortization | $898.9m | $887.9m | $919.6m | $1.0b | $1.1b | $1.2b | $1.2b | $1.4b | $1.3b | $1.4b | $1.5b | |
| Amortization of Debt Issuance Costs | $17.9m | $18.9m | $18.1m | $20.2m | $23.0m | $19.7m | $18.2m | $23.2m | $28.9m | $29.6m | — | |
| Amortization | ($20.3m) | — | — | — | — | — | — | — | — | — | $35.5m | |
| Amortization Cash Flow | — | — | — | — | — | — | $13.0m | $22.4m | $30.1m | $32.3m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $13.0m | $22.4m | $30.1m | $32.3m | $35.5m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $1.2b | $1.4b | $1.3b | $1.4b | $1.5b | |
| Deferred Income Tax | — | — | — | — | — | — | ($21.3m) | ($15.3m) | ($43.5m) | ($24.1m) | ($59.4m) | |
| Deferred Tax | — | — | — | — | — | — | ($21.3m) | ($15.3m) | ($43.5m) | ($24.1m) | ($59.4m) | |
| Share-based Payment Arrangement, Noncash Expense | $21.0m | $26.5m | $30.0m | $33.9m | $21.5m | $32.0m | $30.7m | $31.0m | $31.0m | $38.7m | $42.4m | |
| Income (Loss) from Equity Method Investments | $4.4m | ($3.6m) | ($55.0m) | ($2.5m) | $1.8m | $5.0m | $28.5m | $13.6m | $1.6m | $4.5m | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | — | — | — | $33.5m | $33.5m | — | — | |
| Other Nonoperating Income (Expense) | — | — | — | $17.6m | — | — | — | — | — | — | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($28.5m) | ($13.6m) | ($1.6m) | ($4.5m) | $6.2m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($40.8m) | ($53.6m) | $43.8m | $49.4m | $52.1m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $12.1m | ($5.2m) | $161.2m | $80.1m | $109.4m | |
| Change In Accrued Expense | — | — | — | — | — | — | $4.9m | $1.3m | $27.2m | ($922k) | $11.6m | |
| Increase (Decrease) in Other Operating Assets | ($5.6m) | $15.9m | $23.2m | $76.7m | $68.2m | $54.6m | $52.9m | $48.4m | $117.4m | $30.7m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($52.9m) | ($48.4m) | ($117.4m) | ($30.7m) | ($68.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $1.4b |
$1.4b
+5.46%
|
$1.4b
-4.21%
|
$1.4b
+4.08%
|
$1.5b
+0.86%
|
$1.0b
-29.24%
|
$1.1b
+9.17%
|
$1.1b
-0.03%
|
$1.3b
+18.73%
|
$1.6b
+23.85%
|
$1.8b
+9.39%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $117.5m | $132.6m | $131.9m | $156.7m | — | — | ($454.1m) | ($643.0m) | ($603.8m) | ($644.6m) | ($709.6m) | |
| Capital Expenditure Reported | $117.5m | $132.6m | $131.9m | $156.7m | $607.3m | $1.8b | ($454.1m) | ($643.0m) | ($603.8m) | ($644.6m) | ($709.6m) | |
| Payments for (Proceeds from) Other Investing Activities | $6.4m | — | — | — | — | — | — | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($16.1m) | $59.5m | ($115.0m) | $52.9m | ($246.4m) | |
| Net Cash Provided by (Used in) Investing Activities | ($1.2b) | ($976.5m) | $324.5m | ($1.6b) | $154.3m | ($724.1m) | ($859.2m) | ($184.7m) | ($2.4b) | ($2.7b) | ($4.6b) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($2.8m) | ($754k) | ($58.3m) | ($41.9m) | ($10.8m) | ($59.3m) | ($581k) | $6.1m | ($687k) | ($172k) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $957.8m | $2.5b | $1.9b | $1.1b | $1.4b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $957.8m | $2.5b | $1.9b | $1.1b | $1.4b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($602.6m) | ($2.0b) | ($1.6b) | ($1.8b) | ($2.3b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $477.6m | $139.6m | $285.0m | ($656.0m) | ($550.4m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $355.2m | $541.9m | $285.0m | ($656.0m) | ($815.3m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | $279.9m | $122.4m | ($402.4m) | $0 | $0 | $265.0m | |
| Repayment Of Debt | — | — | — | — | — | — | ($602.6m) | ($2.0b) | ($1.6b) | ($1.8b) | ($2.3b) | |
| Short Term Debt Payments | — | — | — | — | — | ($125.4m) | ($27.2m) | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $1.0b | $827.3m | $1.1b | $1.2b | $928.8m | $686.9m | $720.3m | $723.6m | $740.3m | $860.1m | ($927.6m) | |
| Proceeds from Issuance of Common Stock | $1.3b | $73.6m | $0 | $942.1m | $55.4m | $617.4m | $0 | $108.5m | $2.0b | $2.3b | $3.8b | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($720.3m) | ($723.6m) | ($740.3m) | ($860.1m) | ($927.6m) | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $108.5m | $2.0b | $2.3b | $3.8b | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $108.5m | $2.0b | $2.3b | $3.8b | |
| Cash Dividends Paid | — | — | — | — | — | — | ($720.3m) | ($723.6m) | ($740.3m) | ($860.1m) | ($927.6m) | |
| Dividend Received CFO | — | — | — | — | — | — | $19.8m | $16.1m | $18.3m | $29.0m | $32.3m | |
| Dividends Received CFI | — | — | — | — | — | — | $28.3m | $74.7m | $8.4m | $33.7m | $44.9m | |
| Proceeds from (Payments for) Other Financing Activities | $22.1m | $10.6m | $3.7m | ($8.5m) | ($4.9m) | ($6.3m) | ($6.2m) | ($8.9m) | ($16.0m) | ($23.2m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($49.9m) | ($70.0m) | ($90.4m) | ($64.7m) | ($74.2m) | |
| Net Cash Provided by (Used in) Financing Activities | $101.7m |
($671.3m)
-759.96%
|
($1.8b)
-162.46%
|
$160.7m
+109.12%
|
($1.3b)
-909.10%
|
($558.5m)
+57.04%
|
($283.9m)
+49.16%
|
($543.7m)
-91.51%
|
$1.4b
+365.79%
|
$873.8m
-39.54%
|
$2.4b
+171.64%
|
|
| Beginning Cash Position | — | — | — | — | — | — | $196.6m | $170.7m | $563.5m | $957.2m | $676.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $131.5m | $146.1m | $451.6m | $196.6m | $170.7m | $563.5m | $957.2m | $786.1m | $226.1m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $1.5m | $1.1m | $1.4m | ($2.9m) | $1.3m | ($4.0m) | $2.8m | ($2.3m) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($2.9m) | $1.3m | ($4.0m) | $2.8m | ($2.3m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | $6.6m | $27.3m | $20.6m | $21.4m | $8.4m | $27.2m | $8.8m | $41.8m | $35.9m | $14.5m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $410.6m | $429.6m | $402.0m | $467.6m | $548.1m | $575.7m | $579.7m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $7.3m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | — | — | $46.2m | $26.0m | $262.2m | $218.8m | — | — | — | — | — | |
| Gain (Loss) on Disposition of Real Estate, Discontinued Operations | — | $717.3m | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sales of Loans, Net | $9.6m | — | — | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $126.9m | $135.5m | $152.0m | $166.0m | $130.2m | $129.8m | $144.9m | $148.9m | $163.0m | $177.4m | — | |
| Goodwill | $1.0b | $1.0b | $1.1b | $1.1b | $1.1b | $1.0b | $1.0b | $1.0b | $1.0b | $1.0b | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $554.2m | $643.9m | $416.0m | $439.3m | $441.2m | $56.6m | ($40.9m) | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $554.2m | $643.9m | $416.0m | $439.3m | $441.2m | $56.6m | ($40.9m) | ($30.3m) | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($922k) | ($110k) | ($10k) | $0 | $0 | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($31.3m) | ($59.8m) | ($40.0m) | ($56.3m) | ($96.5m) | $4.8m | ($16.9m) | ($9.5m) | ($37.8m) | ($14.2m) | — | |
| Operating Lease, Lease Income | — | — | — | $1.6b | — | $1.4b | $1.4b | $1.5b | $1.5b | $1.5b | — | |
| Proceeds from Noncontrolling Interests | $7.3m | $4.4m | $1.9m | $6.3m | $1.3m | $1.7m | $5.4m | $20.2m | $3.7m | $80k | — | |
| Proceeds from Stock Options Exercised | — | — | — | $36.2m | $15.1m | $8.2m | $8.7m | $1.7m | $26.1m | $110.9m | — | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $24.2m | ($9.1m) | $19.8m | ($20.3m) | ($166k) | $0 | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($283.9m) | ($543.7m) | $1.4b | $873.8m | $2.4b | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($859.2m) | ($184.7m) | ($2.4b) | ($2.7b) | ($4.6b) | |
| Change In Account Payable | — | — | — | — | — | — | $7.2m | ($6.4m) | $134.0m | $81.0m | $109.4m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($23.0m) | $391.5m | $397.8m | ($173.9m) | — | |
| Change In Interest Payable | — | — | — | — | — | — | $4.9m | $1.3m | $27.2m | ($922k) | $11.6m | |
| Change In Payable | — | — | — | — | — | — | $7.2m | ($6.4m) | $134.0m | $81.0m | $109.4m | |
| Changes In Cash | — | — | — | — | — | — | ($23.0m) | $391.5m | $397.8m | ($173.9m) | ($450.6m) | |
| End Cash Position | — | — | — | — | — | — | $170.7m | $563.5m | $957.2m | $786.1m | $226.1m | |
| Financing Cash Flow | — | — | — | — | — | — | ($283.9m) |
($543.7m)
-91.51%
|
$1.4b
+365.79%
|
$873.8m
-39.54%
|
$2.4b
+171.64%
|
|
| Free Cash Flow | — | — | — | — | — | — | $666.1m | $476.9m | $725.8m | $1.0b | $1.1b | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($7.8m) | ($91.2m) | ($57.0m) | ($38.6m) | ($19.8m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($859.2m) | ($184.7m) | ($2.4b) | ($2.7b) | ($4.6b) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($83.7m) | ($80.5m) | ($69.8m) | ($55.8m) | ($49.4m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($333.7m) | $404.7m | ($1.6b) | ($2.1b) | ($3.7b) | |
| Operating Gains Losses | — | — | — | — | — | — | ($35.7m) | ($111.0m) | ($57.9m) | ($42.9m) | ($12.9m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($22.1m) | ($111.7m) | ($33.6m) | ($76.4m) | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $8.7m | $1.7m | $26.1m | $110.9m | $98.5m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $19.8m | ($20.3m) | ($166k) | $0 | ($56k) | |
| Purchase Of Business | — | — | — | — | — | — | ($83.7m) | ($130.5m) | ($69.8m) | ($55.8m) | ($49.4m) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($446.6m) | ($6.5m) | ($1.9b) | ($2.3b) | ($3.8b) | |
| Sale Of Business | — | — | — | — | — | — | $0 | $50.1m | $0 | $0 | $0 | |
| Sale Of Investment Properties | — | — | — | — | — | — | $112.9m | $411.1m | $329.1m | $213.2m | $116.7m | |
| Stock Based Compensation | — | — | — | — | — | — | $30.7m | $31.0m | $31.0m | $38.7m | $42.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.