TTM
13.4%
YoY change
+0.34pp
Trough year (1995)
0.4%
Peak year (2000)
133.1%
Latest annual
14.2%
Operating Margin history chart for Ventas (VTR) from 1995 to 2025
Latest: 14.2%
Operating Margin change chart for Ventas (VTR) from 1995 to 2025
Latest: +0.34pp
Operating Margin history table for Ventas (VTR) from 1995 to 2025
| 2025 | 14.2% | +0.34pp | ||
| 2024 | 13.8% | +4.60pp | ||
| 2023 | 9.2% | -2.48pp | ||
| 2022 | 11.7% | +0.71pp | ||
| 2021 | 11.0% | -4.57pp | ||
| 2020 | 15.6% | -6.57pp | ||
| 2019 | 22.2% | -0.84pp | ||
| 2018 | 23.0% | +5.58pp | ||
| 2017 | 17.4% | +1.24pp | ||
| 2016 | 16.2% | -9.23pp | ||
| 2015 | 25.4% | -3.08pp | ||
| 2014 | 28.5% | -1.27pp | ||
| 2013 | 29.7% | +1.83pp | ||
| 2012 | 27.9% | +25.01pp | ||
| 2011 | 2.9% | -2.24pp | ||
| 2010 | 5.1% | -17.21pp | ||
| 2009 | 22.3% | +6.72pp | ||
| 2008 | 15.6% | -0.74pp | ||
| 2007 | 16.4% | -13.61pp | ||
| 2006 | 30.0% | -0.89pp | ||
| 2005 | 30.9% | -6.53pp | ||
| 2004 | 37.4% | -20.99pp | ||
| 2003 | 58.4% | -7.62pp | ||
| 2002 | 66.0% | -4.74pp | ||
| 2001 | 70.7% | -62.35pp | ||
| 2000 | 133.1% | +75.16pp | ||
| 1999 | 57.9% | -16.74pp | ||
| 1998 | 74.7% | +64.18pp | ||
| 1997 | 10.5% | +8.64pp | ||
| 1996 | 1.9% | +1.50pp | ||
| 1995 | 0.4% | — |
- 202514.2%+0.34pp
- 202413.8%+4.60pp
- 20239.2%-2.48pp
- 202211.7%+0.71pp
- 202111.0%-4.57pp
- 202015.6%-6.57pp
- 201922.2%-0.84pp
- 201823.0%+5.58pp
- 201717.4%+1.24pp
- 201616.2%-9.23pp
- 201525.4%-3.08pp
- 201428.5%-1.27pp
- 201329.7%+1.83pp
- 201227.9%+25.01pp
- 20112.9%-2.24pp
- 20105.1%-17.21pp
- 200922.3%+6.72pp
- 200815.6%-0.74pp
- 200716.4%-13.61pp
- 200630.0%-0.89pp
- 200530.9%-6.53pp
- 200437.4%-20.99pp
- 200358.4%-7.62pp
- 200266.0%-4.74pp
- 200170.7%-62.35pp
- 2000133.1%+75.16pp
- 199957.9%-16.74pp
- 199874.7%+64.18pp
- 199710.5%+8.64pp
- 19961.9%+1.50pp
- 19950.4%—
Operating Margin values are taken from Ventas's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Ventas (VTR)
According to Ventas's latest reported financial statements, the company's latest reported operating margin is 13.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Ventas (VTR) operating margin is 14.17% – expanded 0.3 percentage points year-over-year.
The highest annual operating margin of 133.09% was reported in 2000. The lowest in the available history was 0.36% in 1995.
Ventas Operating Margin by Year
Ventas Operating Margin 2025: 14.2%
Ventas posted operating margin of 14.17% in 2025, expanded 0.3 percentage points from 2024.
Ventas Operating Margin 2024: 13.8%
In 2024, Ventas reported operating margin of 13.83%, expanded 4.6 percentage points from 2023.
Ventas Operating Margin 2023: 9.2%
Ventas operating margin in 2023 was 9.24%, contracted 2.5 percentage points from 2022.
Ventas Operating Margin 2022: 11.7%
2022's operating margin for Ventas came in at 11.72%, expanded 0.7 percentage points from 2021.
Ventas Operating Margin 2021: 11.0%
Ventas operating margin in 2021 was 11.01%.
See more financial history for Ventas (VTR).
Sector peers by Operating Margin
Real Estate peers of Ventas (VTR), ranked by their latest operating margin
| 50.8% | |
| 48.3% | |
| 44.2% | |
| 38.9% | |
| 29.3% | |
| 20.8% | |
| 14.6% | |
| 4.6% |
- 50.8%
- 44.2%
- 38.9%
- 29.3%
- 20.8%
- 4.6%
Frequently asked questions
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