American Healthcare REIT, Inc.

American Healthcare REIT, Inc.

AHRยทNYSE

$46.13

-1.5%
Real EstateREIT - Healthcare Facilities

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value. The company benefits from a fully integrated management platform comprised of more than one hundred experienced and skilled professionals, many of whom have worked together since 2006 and have successfully invested in and managed healthcare real estate through multiple market cycles. The management team has a proven track record, deep industry relationships and unparalleled insight into each of the company's assets having built and nurtured the company's international portfolio since its original property acquisition in 2014. The strength of the management team, coupled with the quality of the assets, has American Healthcare REIT poised to capitalize on compelling growth driven by powerful demographic trends. With its 19 million-square-foot, 312-building portfolio of medical office buildings, senior housing communities, skilled nursing facilities and integrated senior health campuses diversified across 36 states and the United Kingdom, the tri-party transaction was a critical step in ideally positioning American Healthcare REIT for a future public listing or IPO on a national stock exchange at the most opportune time. By listing the company's shares on a national exchange, we believe the company will gain greater access to attractive capital that will fuel future growth, broaden our investor base and also provide liquidity to our fellow stockholders. American Healthcare REIT, Inc. operates as a subsidiary of Griffin Capital Company, LLC.

At a Glance

Live Snapshot
Market Cap$9.54B
EPS0.4200
P/E Ratio109.83
Earnings Date08/06/2026
3Y+40.0%
5Y+91.0%
10Y+131.0%
3Y-186.0%
5Y+3127.0%
10Y-148.0%
3Y+99.0%
5Y+34.0%
10Y+157.0%
American Healthcare REIT, Inc.

American Healthcare REIT, Inc. Profit Bridge

AHR ยท NYSE
Revenue2.26B
Cost of Goods Sold (2.22B)
Gross Profit39.69M
Operating Expenses (-128.14M)
Operating Income167.83M
Interest Expense (85.78M)
Other Income/Expense-119.19M
Pretax Income48.65M
Income Tax (-22.17M)
Net Income69.81M
Net Income
69.81M

Profitability Analysis

Gross Margin

1.8%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

7.4%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

3.1%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

-45.6%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

American Healthcare REIT, Inc. Income Statement

AHR โ€ข NYSE

American Healthcare REIT, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
REVENUE
2.3B
2.1B
1.9B
1.6B
1.3B
1.2B
1.2B
1.1B
1B
980.3M
GROSS PROFIT
(2.2B)
(1.7B)
(1.5B)
(1.3B)
(1.1B)
(1B)
(1B)
(923.8M)
(837.6M)
(800.1M)
39.7M
416.8M
356.8M
336M
182M
158.6M
219.3M
207.6M
211.6M
180.2M
OPERATING INCOME
-128.1M
(280M)
(280.1M)
(245.4M)
(43.2M)
(27M)
(29.7M)
(28.4M)
(32.2M)
(28.7M)
(0.0)
(100.8M)
(105M)
(103.1M)
(43.2M)
(27M)
(29.7M)
(28.4M)
(32.2M)
(28.7M)
167.8M
136.8M
76.7M
90.6M
138.8M
131.6M
189.6M
179.1M
179.4M
151.5M
PRE-TAX INCOME
(85.8M)
(127.7M)
(163.2M)
(106M)
(80.9M)
(71.3M)
(78.6M)
(66.3M)
(60.9M)
(45.7M)
-85.8M
-127.7M
-163.2M
-106M
-80.9M
-71.3M
-78.6M
-66.3M
-60.9M
-45.7M
-128.1M
(179.2M)
(175.1M)
(142.3M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-119.2M
-170.7M
-152.9M
-163.4M
-191.1M
-125.8M
-190.4M
-165.4M
-177.3M
-355.1M
48.6M
-33.9M
-76.2M
-72.8M
-52.3M
5.8M
-860K
13.7M
2.1M
-203.6M
NET INCOME
-22.2M
(1.7M)
(663K)
(586K)
(956K)
-3.1M
-8K
(8K)
(0.0)
(0.0)
69.8M
-37.8M
-71.5M
-81.3M
-47.8M
2.2M
-5M
13.3M
11.2M
-146M

SEC Filings

AHR - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 28, 2026
May 26, 2026
2026
8-K

8-K 2026

N/A

May 22, 2026
May 20, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 09, 2026
April 09, 2026
2026
8-K

8-K 2026

N/A

April 07, 2026
April 01, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

March 24, 2026
February 03, 2026
2026
8-K

8-K 2026

N/A

March 18, 2026
March 18, 2026
2026
8-K

8-K 2026

N/A

February 27, 2026
February 27, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
Showing 1 to 10 of 269 filings