Last 16 quarters of trend data · Real Estate · REIT - Healthcare Facilities
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
American Healthcare REIT, Inc.'s quarterly P/E stands at 194.8x. EV/EBITDA has expanded 54.5% YoY to 24.5x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 118.10 | 194.78 | 31.83 | 149.35 | — | — | — | 241.89 | — | — | — | — | — |
| — | — | — | -38.3% | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 4.21 | 3.25 | 2.99 | 2.73 | 2.20 | 2.01 | 1.67 | 0.95 | 0.77 | — | — | — | — |
| — | +61.5% | +79.3% | +188.4% | +185.6% | — | — | — | — | — | — | — | — | |
| P/B Ratio | 2.46 | 2.34 | 2.52 | 2.40 | 2.06 | 1.90 | 1.55 | 0.91 | 0.72 | — | — | — | — |
| — | +23.2% | +62.7% | +164.9% | +187.4% | — | — | — | — | — | — | — | — | |
| P/FCF | 57.37 | — | 11.02 | 33.20 | 30.14 | 36.62 | 22.23 | 11.67 | — | — | — | — | — |
| — | — | -50.4% | +184.6% | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | 30.93 | 24.48 | 22.89 | 19.20 | 17.82 | 15.85 | 15.11 | 11.64 | 11.29 | — | — | — | — |
| — | +54.5% | +51.5% | +64.9% | +57.8% | — | — | — | — | — | — | — | — | |
| EV / EBIT | 65.49 | 82.29 | 59.03 | 56.09 | 97.27 | — | 50.05 | 29.88 | 27.51 | — | — | — | — |
| — | — | +17.9% | +87.7% | +253.6% | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
American Healthcare REIT, Inc.'s operating margin was 6.6% in Q4 2025, down 0.8 pp QoQ and down 0.8 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. Gross margin contracted 99.3% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 1.8% | 0.1% | 20.7% | 21.4% | 20.0% | 20.7% | 20.4% | 20.2% | 19.2% | 20.2% | 19.1% | 19.2% | 18.2% |
| — | -99.3% | +1.5% | +6.0% | +4.2% | +2.2% | +6.5% | +5.2% | +5.8% | +2.3% | -2.3% | -10.8% | -19.6% | |
| Operating Margin | 7.4% | 6.6% | 7.4% | 8.5% | 7.4% | 7.4% | 7.1% | 6.3% | 5.5% | 6.1% | 3.1% | 5.2% | 2.0% |
| — | -10.7% | +3.9% | +36.0% | +34.9% | +22.2% | +128.7% | +21.2% | +172.5% | +36.9% | -44.9% | -26.7% | -62.9% | |
| Net Margin | 3.1% | 1.8% | 9.8% | 1.8% | -1.3% | -5.9% | -0.8% | 0.4% | -0.8% | -5.7% | -1.3% | -2.6% | -5.7% |
| — | +130.5% | +1339.2% | +365.7% | -61.5% | -3.0% | +39.1% | +114.8% | +86.4% | +46.2% | +59.8% | +42.4% | -617.9% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.5% | 0.4% | 2.2% | 0.4% | -0.3% | -1.4% | -0.2% | 0.1% | -0.2% | -1.8% | -0.4% | -0.8% | -1.6% |
| — | +125.4% | +1240.8% | +346.0% | -36.6% | +24.0% | +51.2% | +112.0% | +86.5% | +34.9% | +49.9% | +20.0% | -876.7% | |
| ROA | 1.4% | 0.2% | 1.2% | 0.2% | -0.2% | -0.7% | -0.1% | 0.0% | -0.1% | -0.6% | -0.1% | -0.3% | -0.5% |
| — | +130.5% | +1462.4% | +422.2% | -81.2% | -15.9% | +31.6% | +116.3% | +84.5% | +39.9% | +55.5% | +32.1% | -736.2% | |
| ROIC | 2.8% | 0.7% | 0.8% | 0.9% | 0.7% | 0.7% | 0.7% | 0.6% | 0.5% | 0.5% | 0.3% | 0.4% | 0.2% |
| — | -8.5% | +17.2% | +55.3% | +56.7% | +42.7% | +159.7% | +39.0% | +213.0% | +48.6% | -39.2% | -15.7% | -57.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
American Healthcare REIT, Inc.'s Debt/EBITDA ratio is 16.7x, down from 18.5x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has declined for 7 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.47 | 0.47 | 0.62 | 0.70 | 0.80 | 0.81 | 0.93 | 1.06 | 1.05 | 2.07 | 1.80 | 1.82 | 1.97 |
| — | -41.8% | -32.8% | -34.3% | -24.2% | -60.8% | -48.6% | -41.7% | -46.8% | +20.5% | +14.0% | +27.0% | +41.6% | |
| Debt / EBITDA | 4.47 | 16.68 | 18.51 | 17.56 | 20.09 | 19.24 | 22.96 | 25.42 | 27.37 | 37.14 | 35.64 | 34.98 | 42.21 |
| — | -13.3% | -19.4% | -30.9% | -26.6% | -48.2% | -35.6% | -27.3% | -35.1% | +0.2% | -4.3% | +0.6% | +15.3% | |
| Current Ratio | — | — | 0.46 | 0.43 | 1.39 | 0.37 | 1.34 | 0.31 | 0.67 | 0.20 | 0.59 | 0.55 | 0.16 |
| — | — | -65.4% | +38.8% | +109.2% | +85.1% | +128.5% | -43.1% | +309.7% | -66.8% | -59.9% | -70.6% | -91.2% | |
| Quick Ratio | — | — | 0.44 | 0.43 | 1.33 | 0.35 | 1.28 | 0.29 | 0.63 | 0.19 | 0.55 | 0.52 | 0.15 |
| — | — | -65.5% | +48.0% | +110.1% | +87.2% | +131.7% | -43.5% | +322.8% | -67.1% | -60.2% | -70.6% | -91.4% | |
| Interest Coverage | 1.57 | 1.43 | 1.74 | 1.48 | 0.73 | -0.05 | 0.91 | 1.12 | 0.93 | 0.25 | 0.85 | 0.72 | 0.30 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 16 years · Updated daily
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorDCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare business quality, growth, and profitability against top sector peers.
Start ComparisonQuick answers to the most common questions about buying AHR stock.
American Healthcare REIT, Inc.'s current P/E is 118.1x. The average P/E over the last 3 quarters is 125.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
American Healthcare REIT, Inc.'s current operating margin is 7.4%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking American Healthcare REIT, Inc.'s business trajectory between earnings reports.