Ventas (VTR) FY2022 results: revenue $4.1 billion, up 7.9% on the year
Ventas, Inc. (VTR) reported revenue of $4.1 billion for fiscal 2022, the year ended 31 December 2022, up 7.9% on the year before. Net income was -$47 million, and diluted earnings per share $-0.12. The figures are the company's own, from the 10-K it filed with the SEC on 10 February 2023.
Revenue
$4.1 billion
+7.9% on the year
FY2015FY2022
Operating margin
-2.3%
-4.2% a year earlier
FY2015FY2022
Net income
-$47 million
FY2015FY2022
Diluted EPS
-$0.12
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,120
1,026
1,450
+9.2%
Capital expenditure
901
1,802
607
-50.0%
Free cash flow
219
-776
843
Free cash flow margin
5.3%
-20.3%
22.2%
Cash from investing
-859
-724
154
Cash from financing
-284
-558
-1,300
Depreciation and amortisation
1,198
1,197
1,110
+0.0%
Share-based compensation
30.7
32.0
21.5
-3.9%
Dividends paid
720
687
929
+4.9%
Dividend per share
$1.80
$1.80
$2.14
0.0%
Diluted shares, weighted
403m
386m
377m
+4.4%
Shares outstanding at period end
400m
n/a
n/a
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
10,153
10,854
10,180
-6.5%
Non-controlling interest
68.7
91.4
98.0
-24.8%
Redeemable equity
265
280
235
-5.6%
Debt
12,297
12,028
11,895
+2.2%
Other liabilities
1,375
1,464
1,520
-6.1%
Total liabilities and equity
24,158
24,718
23,929
-2.3%
Goodwill
1,044
1,046
1,052
-0.2%
Securities held for sale or to maturity
n/a
0.0
238
Cash and equivalents
123
150
413
-18.1%
Other assets
22,991
23,522
22,227
-2.3%
Total assets
24,158
24,718
23,929
-2.3%
10-K for the year ended 31 December 2022, filed 10 February 2023: the filing.