$46.37
-1.0%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.
Thin margins leave little room for error. Cost management and pricing strategy are critical.
Acceptable margins but limited operational leverage. Operating expense control is important.
Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.
AHR โข NYSE
| American Healthcare REIT, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 |
AHR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
Continue your AHR research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.