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Ventas (VTR) Cash Flow Waterfall

Trace Ventas's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$1.75B

Capex

−$1.28B

Free Cash Flow

$477.43M

FCF Margin

+27.2%

Cash flow waterfall for Ventas (VTR) — TTM through Q1 2026

Free cash flow: $477.43M

Note: Other Investing is large — driven mainly by acquisitions and investment activity.

Cash flow breakdown for Ventas (VTR) — TTM through Q1 2026

  • Operating Cash Flow$1.75B
  • Capital Expenditure−$1.28B
  • Free Cash Flow$477.43M
  • Other Investing−$1.64B
  • Dividends Paid−$892.83M
  • Net Debt Change−$300.91M
  • Other Financing & FX$2.31B
  • Net Cash Decrease−$43.76M
Want to see what drove the FCF change?Free Cash Flow Bridge

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