American Healthcare REIT, Inc.

American Healthcare REIT, Inc.

AHR
American Healthcare REIT, Inc.US flagNew York Stock Exchange
53.58
USD
-0.48
- -
11.08BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
18
19.11
24.43
28.15
15.85
13.61
13.77
Basic EPS, GAAP
0.03
-0.72
-1.23
-1.08
-0.29
0.42
0.67
Free Cash Flow per Basic Share
3.32
0.27
2.23
1.49
1.35
1.77
1.99
Dividend per Share
0.41
0.34
0.77
1.15
0.93
0.98
0.98
Book Value per Share
- -
23.88
21.15
19.18
14.36
17.86
18.98
Tangible Book Value per Share
- -
16.95
14.08
12.91
11.84
15.24
16.55
Basic Weighted Avg Shares
66
66
66
66
131
166
182
Sales/Revenue/Turnover
1,189
1,265
1,618
1,859
2,071
2,260
2,502
Operating Margin (%)
7.77
2.92
5.6
4.13
6.61
7.47
6.73
Depreciation Expense
130
157
201
237
222
225
280
Net Income, GAAP
2
-48
-81
-71
-38
70
121
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
0.18
-3.78
-5.03
-3.84
-1.83
3.09
4.84
Working Capital
- -
-1,148
-1,256
-1,170
-592
-493
-439
LT Debt
- -
1,275
1,551
1,570
1,182
1,136
1,018
Total Equity
- -
1,830
1,649
1,459
2,304
3,361
3,742
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-6.04
-5.45
-5.35
-2.14
2.5
3.96

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
550
550
550
LT Borrowings
1,001
996
893
LT Finance Leases
136
131
125
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
186
190
195
Market Capitalization
8,749
8,958
10,153

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
375
420
443
Cash, Cash Equivalents & STI
115
119
157
Accounts Receivable, Net
204
242
230
Inventories
19
20
21
Total Current Liabilities
868
890
882
Payables & Accruals
318
340
332
ST Debt
550
550
550
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
45.85%
Free Cash Flow
- -
149.14%
67.21%
Net Income, GAAP
- -
-516.66%
-284.61%
Sales/Revenue/Turnover
- -
13.94%
9.15%
Total Cash Common Dividend
- -
50.34%
35.26%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
500
505
524
543
2,071
2025
541
543
573
604
2,260
2026
651
674
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
0.02
-0.03
-0.21
-0.29
2025
-0.04
0.06
0.33
0.06
0.42
2026
0.13
0.16
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.25
0.25
0.25
0.93
2025
0.25
0.25
0.24
0.24
0.98
2026
0.25
0.25
- -
- -
- -

Company Description

CEO
Jeffrey T. Hanson
Full Time Employees
121
Sector
Real Estate
Industry
REIT - Healthcare Facilities
Address
18191 Von Karman Avenue Irvine CA United States of America 92612-7106
IPO Date
Feb 7, 2024
Business
American Healthcare REIT, Inc. (NYSE: AHR) is a self-managed real estate investment trust that acquires, owns and operates a diversified portfolio of clinical healthcare real estate properties focusing primarily on senior housing communities, skilled nursing facilities, outpatient medical buildings, medical office buildings, hospitals, integrated senior health campuses and other healthcare-related facilities; it also originates secured loans and pursues opportunistic real estate-related investments. The company operates through four reportable segments including integrated senior health campuses, outpatient medical, triple-net leased properties and senior housing operating properties (SHOP), generating majority revenue from integrated senior health campuses; it manages approximately 294 properties totaling 19.03 million square feet across the United States, the United Kingdom and the Isle of Man as of March 31, 2025. Headquartered in Irvine, California, the company was formed in 2021 through the merger of Griffin-American Healthcare REIT III and IV with American Healthcare Investors. Recent developments include the full acquisition of its joint venture partner's remaining 24% interest in Trilogy REIT Holdings for $258 million in cash during third-quarter 2025, completing sole ownership of Trilogy's integrated senior health campuses operated by Trilogy Management Services; additional 2025 acquisitions encompass a $65 million SHOP asset transitioned to Heritage Senior Living, partners' 51% interests in an unconsolidated joint venture with five pre-stabilized campuses for $118.4 million, a $36.2 million senior housing portfolio in Washington, a $7.5 million senior housing asset near Atlanta and approximately $210.8 million in total acquisitions closed in third-quarter 2025. The company continues to expand its operator network with partners such as Senior Solutions Management Group, Priority Life Care, Compass Senior Living, Cogir Senior Living and Heritage Communities, while pursuing a $300 million acquisition pipeline.

Company News

  • American Healthcare REIT to Participate at BofA Securities 2026 Global Real Estate Conference

  • American Healthcare REIT Names Ann Lacey Executive Vice President, Asset Management – Senior Housing

  • American Healthcare REIT Executive Sells 2,000 Shares for $111,000

  • Pump The Brakes On American Healthcare REIT

  • American Healthcare REIT Names Jon Crosier Chief Technology Officer

  • American Healthcare REIT Acquires Eight Senior Housing Communities for $696 Million, Establishing East Coast Platform and New Partnership with LCB Senior Living

  • American Healthcare REIT Names Aric Chang Chief Financial Officer

  • American Healthcare REIT Completes Initial Kensington Senior Living Acquisitions, Establishing Strategic Growth Partnership with Premier Senior Housing Owner, Developer and Operator

  • Is American Healthcare REIT, Inc. (AHR) Outperforming Other Finance Stocks This Year?

  • E. Ohman J or Asset Management AB Invests $2.91 Million in American Healthcare REIT, Inc. $AHR

  • American Healthcare REIT Announces Pricing of Public Offering of Common Stock

  • American Healthcare REIT Announces Public Offering of Common Stock

  • American Healthcare REIT, Inc. (AHR) Q2 2026 Earnings Call Transcript

  • American Healthcare REIT Q2 Earnings Call Highlights

  • American Healthcare REIT:  Riding Major Tailwinds And Performance Strength

  • American Healthcare REIT Announces Second Quarter 2026 Results; Increases Full Year 2026 Guidance

  • American Healthcare REIT, Inc. $AHR Shares Purchased by Bank of America Corp DE

  • Analysts Set American Healthcare REIT, Inc. (NYSE:AHR) PT at $58.42

  • Jefferies Global Best Ideas List Has 5 US Dividend Stocks With Huge Total Return Potential

  • Everest Financial Group LLC Makes New $530,000 Investment in American Healthcare REIT, Inc. $AHR