Ventas, Inc. (VTR) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 394.61M | 505.36M | 378.58M | 475.34M | 321.14M | 379.45M | 356.22M | 335.87M | 266.45M | 279.08M | 360.81M | 311.83M | 242.82M | 267.25M | 302.94M | 303.73M | 274.55M | 265.8M | 249.31M | 291.26M |
| Operating CF Growth % | 22.88% | 33.18% | 6.28% | 41.52% | 20.53% | 35.96% | -1.27% | 7.71% | 9.73% | 4.43% | 19.11% | 2.67% | -11.56% | 0.55% | 21.51% | 4.28% | 15.56% | -10.13% | -42.61% | -28.18% |
| Operating CF / Revenue % | 23.82% | 32.27% | 25.43% | 33.45% | 23.65% | 29.48% | 28.81% | 27.97% | 22.21% | 23.97% | 31.38% | 28.18% | 22.54% | 25.42% | 29.21% | 29.69% | 26.98% | 26% | 25.54% | 31.69% |
| Net Income | 55.91M | 70.2M | 66.05M | 68.26M | 46.87M | 56.84M | 19.24M | 19.39M | -14.31M | -90.82M | -71.12M | 103.45M | 17.52M | -45.02M | 1.26M | -42.42M | 38.73M | -40.85M | 60.68M | 86.39M |
| Depreciation & Amortization | 377.87M | 341.92M | 328.87M | 312.82M | 299.43M | 290.37M | 286.97M | 294.95M | 294.86M | 1.17B | 297.68M | 293.99M | 273.52M | 1.09B | 273.38M | 270.48M | 274.76M | 272.56M | 237.7M | 232.1M |
| Stock-Based Compensation | 24.84M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -44.78M | 58.01M | -1.48M | 13.96M | 26.09M | -3.09M | 18.8M | 12.99M | 17.18M | -784.61M | 136.18M | -97.41M | 3.91M | -775.9M | 32.95M | 81.23M | -10.19M | 47.3M | -24.08M | -51.38M |
| Working Capital Changes | 0 | 35.23M | -14.86M | 80.3M | -51.24M | 35.34M | 31.21M | 8.54M | -31.28M | -11.35M | -1.92M | 11.79M | -52.13M | -1.82M | -4.65M | -5.56M | -28.75M | -13.2M | -24.99M | 24.15M |
| Cash from Investing | -1.07B | -462.42M | -1.18B | -204.42M | -883.66M | -1.54B | -432.04M | -277.75M | -141.05M | -34.22M | -85.24M | -66.32M | -53.42M | -128.58M | -168.71M | -147.57M | -437.48M | -18.84M | -624.57M | -18.47M |
| Acquisitions (Net) | 0 | 0 | -2.06M | 0 | 80K | 57K | 2K | -10.95M | 3.53M | 9.05M | 3.21M | 16.62M | 2.86M | 5.32M | 12K | 20K | -151K | -11.04M | -11.48M | 25K |
| Purchase of Investments | 0 | -420.56M | -1.1B | -270.67M | -841.03M | -1.51B | -403.82M | -393.75M | -137.24M | -180.19M | -132.51M | -105.46M | -105.16M | -170.89M | -113.54M | -98.19M | -410.29M | -331.14M | -1.22B | -102.25M |
| Sale of Investments | 0 | 93.78M | 11.34M | 140.74M | 16.12M | 54.07M | 43.22M | 198.39M | 40.28M | 232.83M | 103.11M | 67.51M | 90.77M | 100.64M | 6.51M | 357K | 6.3M | 388.53M | 647.68M | 127.82M |
| Other Investing | -995.54M | 2.07M | 2.29M | 583K | 69K | 19K | 689K | 1.08M | 1.76M | 3.13M | 5.06M | 7.7M | 1.69M | 3.72M | 2.06M | 4.53M | 3.39M | 784K | 111K | 384K |
| Cash from Financing | 89.96M | 499.86M | 368.13M | 156.97M | -149.22M | 956.14M | 624.44M | -129.3M | 1.29M | -174.51M | 6.58M | -230.98M | -164.97M | -164.29M | -112.02M | -178.35M | 165.53M | -247.81M | 297.94M | -209.03M |
| Dividends Paid | 0 | -225.68M | -218.39M | -216.96M | -199.03M | -188.96M | -186.21M | -182.31M | -182.85M | -181.32M | -180.53M | -180.28M | -181.42M | -180.11M | -180.11M | -180.08M | -180.02M | -179.92M | -169.13M | -169.07M |
| Common Dividends | 0 | -225.68M | -218.39M | -216.96M | -199.03M | -188.96M | -365.16M | -182.31M | -182.85M | -181.32M | -180.53M | -180.28M | -181.42M | -180.11M | -180.11M | -180.08M | -180.02M | -179.92M | -169.13M | -169.07M |
| Debt Issuance (Net) | 0 | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.49M | 0 | 0 | 0 | -96K | 0 | 0 |
| Other Financing | 89.96M | -9.53M | -7.67M | -7.44M | -21.3M | -8.84M | -12.79M | -5.69M | -17.41M | -12.99M | -855K | -15.5M | -17.79M | -470.93M | -21.44M | -5.51M | -11.65M | -4.33M | -4.63M | -7.33M |
| Net Change in Cash | -584.85M | 543.59M | -434.21M | 430.79M | -711.27M | -208.46M | 550.41M | -73.13M | 124.95M | 71.72M | 281.4M | 15.07M | 24.54M | -24.89M | 19.61M | -23.42M | 2.85M | 75K | -78.25M | 64.56M |
| Exchange Rate Effect | 0 | 789K | -3.38M | 2.91M | 466K | -2.09M | 1.79M | -1.95M | -1.74M | 1.36M | -756K | 544K | 106K | 723K | -2.6M | -1.23M | 241K | 925K | -928K | 792K |
| Cash at Beginning | 786.14M | 242.55M | 676.76M | 245.96M | 957.23M | 1.17B | 615.28M | 688.41M | 563.46M | 491.75M | 210.35M | 195.28M | 170.75M | 195.64M | 176.03M | 199.45M | 196.6M | 196.52M | 274.77M | 210.21M |
| Cash at End | 201.29M | 786.14M | 242.55M | 676.76M | 245.96M | 957.23M | 1.17B | 615.28M | 688.41M | 563.46M | 491.75M | 210.35M | 195.28M | 170.75M | 195.64M | 176.03M | 199.45M | 196.6M | 196.52M | 274.77M |
| Free Cash Flow | 321.64M | 367.65M | 286.41M | 400.27M | 262.24M | 291.88M | 284.09M | 263.35M | 217.06M | 180.04M | 296.72M | 259.13M | 199.24M | 199.88M | 239.18M | 249.46M | 237.82M | 199.84M | 204.12M | 246.81M |
| FCF Growth % | 22.65% | 25.96% | 0.81% | 51.99% | 20.81% | 62.12% | -4.25% | 1.63% | 8.94% | -9.93% | 24.06% | 3.88% | -16.22% | 0.02% | 17.18% | 1.07% | 14.38% | -17.4% | -48.13% | -34.85% |
| FCF / Revenue % | 19.41% | 23.48% | 19.23% | 28.17% | 19.31% | 22.68% | 22.98% | 21.93% | 18.09% | 15.46% | 25.81% | 23.42% | 18.5% | 19.01% | 23.06% | 24.39% | 23.37% | 19.55% | 20.91% | 26.85% |