Snapshot
Ventas, Inc. reported $374M of revenue in Q2 2025, up 0.2% year over year, with diluted EPS of $0.15 and an operating margin of 48.9%.
- Revenue
- $374M
- YoY growth
- +0.2%
- Diluted EPS
- $0.15
- Operating margin
- 48.9%
$374M
Revenue
+0.2%
YoY growth
$0.15
Diluted EPS
48.9%
Operating margin
01 Key takeaways
What management said
- •Yesterday, we issued our second quarter 2025 earnings release, presentation materials, and supplemental information package, which are available on the Ventas website at ir.ventasreit.com.
- •For a more detailed discussion of those factors, please refer to our earnings release for this quarter and to our most recent SEC filings, all of which are available on the Ventas website.
- •I'd like to welcome all of our shareholders and other participants to the Ventas second quarter 2025 earnings call.
- •We're pleased to report strong earnings growth and, again, raise our guidance as we execute our 1-2-3 strategy.
- •Ventas is an essential participant in the longevity economy and is well-positioned to capitalize on the secular demand from the large and growing aging population our company serves.
- •This engine of our growth is being supplemented by compounding contributions from the balance of our portfolio and our continually improving balance sheet.
- •Our 1-2-3 strategy is designed to deliver superior FFO per share growth, enhance our financial strength, and create value for our shareholders.
- •We also raised our full-year normalized FFO guidance midpoint to $3.44 per share, representing 8% accelerating year-over-year FFO per share growth at the midpoint.
- •We also improved our company-wide same-store year-over-year cash NOI growth expectations to 7% at the midpoint.
- •If achieved, these growth rates would put us in the upper echelon of REIT growers.
- •One, drive organic growth in our SHOP communities using our platform advantages, data analytics, and experience.
- •delivered 18% same-store cash NOI growth in Q2, adjusting for a tax refund we received in the prior year.