Ventas (VTR) FY2024 results: revenue $4.9 billion, up 9.5% on the year
Ventas, Inc. (VTR) reported revenue of $4.9 billion for fiscal 2024, the year ended 31 December 2024, up 9.5% on the year before. Net income was $81 million, and diluted earnings per share $0.19. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2025.
Revenue
$4.9 billion
+9.5% on the year
FY2017FY2024
Operating margin
-0.2%
-2.6% a year earlier
FY2017FY2024
Net income
$81 million
FY2017FY2024
Diluted EPS
$0.19
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
1,330
1,120
1,120
+18.7%
Capital expenditure
2,530
649
901
+289.5%
Free cash flow
-1,200
470
219
Free cash flow margin
-24.4%
10.5%
5.3%
Cash from investing
-2,377
-185
-859
Cash from financing
1,445
-544
-284
Depreciation and amortisation
1,253
1,392
1,198
-10.0%
Share-based compensation
31.0
31.0
30.7
+0.0%
Dividends paid
740
724
720
+2.3%
Dividend per share
$1.80
$1.80
$1.80
0.0%
Diluted shares, weighted
416m
406m
403m
+2.6%
Shares outstanding at period end
437m
402m
400m
+8.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
10,771
9,488
10,153
+13.5%
Non-controlling interest
58.3
56.3
68.7
+3.5%
Redeemable equity
310
303
265
+2.5%
Debt
13,523
13,491
12,297
+0.2%
Other liabilities
1,525
1,387
1,375
+9.9%
Total liabilities and equity
26,187
24,725
24,158
+5.9%
Goodwill
1,045
1,045
1,044
-0.0%
Cash and equivalents
898
509
123
+76.5%
Receivables
108
76.1
n/a
+42.1%
Other assets
24,136
23,095
22,991
+4.5%
Total assets
26,187
24,725
24,158
+5.9%
10-K for the year ended 31 December 2024, filed 13 February 2025: the filing.