American Healthcare REIT, Inc.

American Healthcare REIT, Inc.AHREarnings & Financial Report

NYSE · Financials · Real Estate Investment Trusts

Medical Properties Trust, Inc. (MPT) is an international real estate investment trust (REIT) based in Birmingham, Alabama that purchases and invests in healthcare facilities and for-profit healthcare holding companies, primarily in the United States and Europe. Their property acquisitions often come in the form of sale-leaseback agreements, in which the original property owner sells the property to MPT and becomes their tenant. MPT's tenants are generally subject to long-term triple net lease...

AHR Q4 FY2025 Key Financial Metrics

Revenue

$564.0M

Gross Profit

$83.7M

Operating Profit

$111.6M

Net Profit

$10.8M

Gross Margin

14.8%

Operating Margin

19.8%

Net Margin

1.9%

YoY Growth

13.5%

EPS

$0.07

American Healthcare REIT, Inc. Q4 FY2025 Financial Summary

American Healthcare REIT, Inc. reported revenue of $564.0M (up 13.5% YoY) for Q4 FY2025, with a net profit of $10.8M (up 133.9% YoY) (1.9% margin). Cost of goods sold was $480.3M.

Key Financial Metrics

Total Revenue$564.0M
Net Profit$10.8M
Gross Margin14.8%
Operating Margin19.8%
Report PeriodQ4 FY2025

Revenue Breakdown

American Healthcare REIT, Inc. Q4 FY2025 revenue of $564.0M breaks down across 2 segments, led by Integrated Senior Health Campuses at $467.0M (82.8% of total).

SegmentRevenue% of Total
Integrated Senior Health Campuses$467.0M82.8%
SHOP$97.0M17.2%

American Healthcare REIT, Inc. Revenue by Segment — Quarterly Trend

American Healthcare REIT, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Integrated Senior Health Campuses and SHOP) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
Integrated Senior Health Campuses$467.0M$449.7M$423.8M$423.4M
SHOP$97.0M$82.3M$77.5M$73.8M

American Healthcare REIT, Inc. Annual Revenue by Year

American Healthcare REIT, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.1B).

YearAnnual Revenue
2025$2.1Bvs 2024
2024$1.9Bvs 2023
2023$1.7Bvs 2022
2022$1.4B

American Healthcare REIT, Inc. Quarterly Revenue & Net Profit History

American Healthcare REIT, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$564.0M+13.5%$10.8M1.9%
Q3 FY2025$532.1M+11.6%$55.9M10.5%
Q2 FY2025$501.3M+9.4%$9.9M2.0%
Q1 FY2025$497.2M+10.0%$-6.8M-1.4%
Q4 FY2024$496.8M+14.7%$-31.8M-6.4%
Q3 FY2024$476.8M+14.6%$-4.1M-0.9%
Q2 FY2024$458.0M+11.5%$2.0M0.4%
Q1 FY2024$452.1M+10.6%$-3.9M-0.9%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$452.1M$458.0M$476.8M$496.8M$497.2M$501.3M$532.1M$564.0M
YoY Growth10.6%11.5%14.6%14.7%10.0%9.4%11.6%13.5%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$4.70B$4.64B$4.68B$4.49B$4.46B$4.51B$4.77B$5.43B
Liabilities$2.56B$2.54B$2.42B$2.18B$2.16B$2.04B$2.05B$2.07B
Equity$1.96B$1.93B$2.21B$2.26B$2.26B$2.42B$2.68B$3.32B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-6.0M$59.4M$63.1M$59.5M$60.6M$71.5M$107.2M$55.2M