AHR - American Healthcare REIT, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$57.33
DETAILS
HIGH:
$60.00
LOW:
$55.00
MEDIAN:
$57.00
CONSENSUS:
$57.33
UPSIDE:
14.23%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 2,260.1 | 2,070.7 | 1,859.1 | 1,617.5 | 1,263.9 | 1,184.6 | 1,221.0 | 1,131.4 | 1,049.2 | 980.3 |
| Cost of Revenue | 2,220.4 | 1,653.9 | 1,502.3 | 1,281.5 | 1,081.9 | 1,026.0 | 1,001.7 | 923.8 | 837.6 | 800.1 |
| Gross Profit | 39.7 | 416.8 | 356.8 | 336.0 | 182.0 | 158.6 | 219.3 | 207.6 | 211.6 | 180.2 |
| Operating Expenses | ||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 0 | 100.8 | 105.0 | 103.1 | 43.2 | 27.0 | 29.7 | 28.4 | 32.2 | 28.7 |
| Other Expenses | (128.1) | 179.2 | 175.1 | 142.3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | (128.1) | 280.0 | 280.1 | 245.4 | 43.2 | 27.0 | 29.7 | 28.4 | 32.2 | 28.7 |
| Operating Income | ||||||||||
| Operating Income | 167.8 | 136.8 | 76.7 | 90.6 | 138.8 | 131.6 | 189.6 | 179.1 | 179.4 | 151.5 |
| Interest Expense | 85.8 | 127.7 | 163.2 | 106.0 | 80.9 | 71.3 | 78.6 | 66.3 | 60.9 | 45.7 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||
| EBITDA | 322.0 | 315.5 | 324.3 | 233.8 | 159.4 | 165.1 | 218.3 | 179.4 | 179.4 | 152.2 |
| EBIT | 134.4 | 93.8 | 87.0 | 33.2 | 5.6 | 32.7 | 78.1 | 83.1 | 65.8 | (120.1) |
| Income Before Tax | 48.6 | (33.9) | (76.2) | (72.8) | (52.3) | 5.8 | (0.9) | 13.7 | 2.1 | (203.6) |
| Income Tax Expense | (22.2) | 1.7 | 0.7 | 0.6 | 1.0 | (3.1) | (0.0) | 0.0 | 0 | 0 |
| Net Income | 69.8 | (37.8) | (71.5) | (81.3) | (47.8) | 2.2 | (5.0) | 13.3 | 11.2 | (146.0) |
| Per Share Data | ||||||||||
| EPS (Basic) | 0.42 | -0.29 | -1.08 | -1.23 | -0.72 | 0.03 | -0.11 | 0.27 | 0.23 | -3.01 |
| EPS (Diluted) | 0.42 | -0.29 | -1.08 | -1.23 | -0.72 | 0.03 | -0.11 | 0.27 | 0.23 | -3.01 |
| Shares Outstanding | 166.1 | 130.6 | 66.0 | 66.2 | 66.2 | 66.0 | 45.5 | 50.0 | 49.6 | 48.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 114.8 | 76.7 | 43.4 | 65.1 | 81.6 | 113.2 | 53.1 | 35.1 | 33.7 | 29.1 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 204.3 | 211.1 | 185.4 | 184.4 | 163.8 | 163.5 | 177.3 | 146.3 | 134.6 | 139.5 |
| Inventory | 0 | 19.5 | 19.5 | 19.8 | 18.9 | 24.7 | 23.9 | 21.2 | 19.3 | 17.3 |
| Other Current Assets | 0 | 47.6 | 48.8 | 72.7 | 66.4 | 55.6 | 77.1 | 100.8 | 87.9 | 83.7 |
| Total Current Assets | 319.1 | 354.9 | 297.1 | 341.9 | 330.7 | 357.0 | 331.4 | 303.3 | 275.5 | 269.5 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 271.0 | 164.0 | 227.8 | 3,858.0 | 3,672.8 | 2,534.0 | 2,489.6 | 2,222.7 | 2,163.3 | 2,139.0 |
| Goodwill | 234.9 | 234.9 | 234.9 | 231.6 | 209.9 | 75.3 | 75.3 | 75.3 | 75.3 | 75.3 |
| Intangible Assets | 253.2 | 161.5 | 180.5 | 236.3 | 248.9 | 154.7 | 160.2 | 179.5 | 180.3 | 200.8 |
| Long-Term Investments | 4,275.6 | 105.2 | 107.5 | 92.6 | 94.9 | 92.3 | 92.9 | 83.8 | 82.9 | 83.2 |
| Other Non-Current Assets | (4,275.6) | 3,467.6 | 3,530.0 | 26.4 | 23.1 | 21.7 | 22.8 | 24.5 | 23.2 | 26.7 |
| Total Non-Current Assets | 759.2 | 4,133.2 | 4,280.8 | 4,444.8 | 4,249.6 | 2,878.0 | 2,840.8 | 2,585.8 | 2,525.0 | 2,525.0 |
| Total Assets | 5,426.2 | 4,488.1 | 4,577.9 | 4,786.7 | 4,580.3 | 3,234.9 | 3,172.3 | 2,889.1 | 2,800.5 | 2,794.5 |
| Current Liabilities | ||||||||||
| Account Payables | 0 | 258.3 | 242.9 | 83.7 | 64.4 | 67.8 | 62.2 | 43.0 | 44.0 | 37.2 |
| Short-Term Debt | 0 | 688.5 | 1,224.0 | 316.7 | 921.9 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | (225.5) | 56.7 | 31.6 | 21.5 | 35.0 | 22.7 | 16.3 | 15.3 |
| Total Current Liabilities | 0 | 946.9 | 1,466.9 | 560.6 | 1,110.0 | 194.7 | 173.7 | 144.8 | 126.6 | 107.3 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 1,518.8 | 1,016.9 | 1,344.2 | 2,243.3 | 1,434.5 | 1,682.5 | 1,639.7 | 1,447.6 | 1,237.7 | 1,145.0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 476.9 | 54.9 | 82.2 | 60.4 | 60.8 | 89.3 | 48.8 | 38.5 | 41.0 | 46.8 |
| Total Non-Current Liabilities | 2,065.6 | 1,237.0 | 1,651.9 | 2,576.8 | 1,640.7 | 1,965.4 | 1,895.8 | 1,487.4 | 1,294.9 | 1,237.1 |
| Total Liabilities | 2,065.6 | 2,183.9 | 3,118.8 | 3,137.3 | 2,750.8 | 2,160.1 | 2,069.5 | 1,632.2 | 1,421.5 | 1,344.5 |
| Stockholders' Equity | ||||||||||
| Common Stock | 1.9 | 1.6 | 0.7 | 0.7 | 0.7 | 1.8 | 1.9 | 2.0 | 2.0 | 2.0 |
| Retained Earnings | (1,559.3) | (1,458.1) | (1,276.2) | (1,138.3) | (951.3) | (864.3) | (827.5) | (704.7) | (598.0) | (490.3) |
| Accumulated Other Comprehensive Income | (2.1) | (2.5) | (2.4) | (2.7) | (2.0) | (2.0) | (2.3) | (2.6) | (2.0) | (3.0) |
| Total Stockholders' Equity | 3,320.6 | 2,261.2 | 1,270.3 | 1,400.1 | 1,581.3 | 866.1 | 900.6 | 1,060.5 | 1,187.8 | 1,262.8 |
| Total Liabilities & Equity | 5,426.2 | 4,488.1 | 4,577.9 | 4,786.7 | 4,580.3 | 3,234.9 | 3,172.3 | 2,889.1 | 2,800.5 | 2,794.5 |
| Debt Metrics | ||||||||||
| Total Debt | 1,588.7 | 1,870.7 | 3,019.1 | 2,833.1 | 2,501.9 | 1,876.2 | 1,847.0 | 1,452.3 | 1,253.9 | 1,190.3 |
| Net Debt | 1,473.9 | 1,794.0 | 2,975.7 | 2,768.1 | 2,420.3 | 1,763.0 | 1,793.9 | 1,417.1 | 1,220.2 | 1,161.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 70.8 | (35.6) | (76.9) | (73.4) | (53.3) | 2.2 | (5.0) | 13.3 | 11.2 | (146.0) |
| Depreciation & Amortization | 187.6 | 221.6 | 237.3 | 200.6 | 157.4 | 133.0 | 144.1 | 103.3 | 121.4 | 277.7 |
| Stock-Based Compensation | 14.6 | 9.9 | 5.5 | 3.9 | 9.7 | (1.2) | 3.0 | 3.2 | 1.2 | 1.8 |
| Change in Working Capital | (30.3) | (68.7) | (55.8) | (37.8) | (93.5) | 74.2 | (48.9) | (21.1) | (22.6) | (17.1) |
| Other Non-Cash Items | 74.7 | 48.9 | (11.6) | 54.4 | (2.4) | 11.0 | 24.2 | 8.1 | 16.8 | (2.0) |
| Operating Cash Flow | 294.4 | 176.1 | 98.5 | 147.8 | 17.9 | 219.2 | 117.5 | 106.8 | 128.1 | 114.4 |
| Investing Activities | ||||||||||
| Capital Expenditure | (128.6) | (91.9) | (99.8) | (71.5) | (79.7) | (128.3) | (92.8) | (66.9) | (43.6) | (46.0) |
| Acquisitions | 0 | (0.2) | (12.9) | (18.6) | (0.7) | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (1,009.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 61.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (6.6) | 83.4 | 122.1 | (28.5) | (58.3) | (19.6) | (10.3) | (68.9) | (81.0) | (306.7) |
| Investing Cash Flow | (1,083.5) | (8.7) | 9.4 | (118.6) | (138.7) | (147.9) | (103.1) | (135.8) | (124.6) | (352.7) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (160.5) | (995.5) | (17.6) | 62.8 | 146.3 | 42.0 | 173.2 | 182.6 | 89.5 | 289.5 |
| Stock Repurchased | 0.2 | (0.0) | (0.5) | (20.7) | (0.4) | (23.1) | (89.9) | (76.6) | (30.7) | (20.9) |
| Dividends Paid | (163.5) | (120.9) | (76.3) | (51.1) | (22.8) | (27.0) | (62.6) | (60.0) | (55.8) | (51.7) |
| Other Financing Activities | (5.0) | (382.6) | (34.7) | (33.9) | (29.0) | (0.7) | (18.0) | (8.4) | 1.7 | 9.8 |
| Financing Cash Flow | 817.5 | (134.7) | (129.1) | (42.9) | 94.1 | (8.8) | 2.7 | 37.6 | 4.8 | 226.7 |
| Cash Position | ||||||||||
| Net Change in Cash | 28.5 | 32.5 | (21.1) | (13.6) | (26.7) | 62.3 | 17.2 | 8.6 | 8.5 | (11.8) |
| Cash at Beginning | 123.3 | 90.8 | 111.9 | 125.5 | 152.2 | 89.9 | 72.7 | 64.1 | 55.7 | 67.5 |
| Cash at End | 151.8 | 123.3 | 90.8 | 111.9 | 125.5 | 152.2 | 89.9 | 72.7 | 64.1 | 55.7 |
| Free Cash Flow | 165.9 | 84.1 | (1.3) | 76.2 | (61.8) | 90.9 | 24.6 | 39.9 | 84.5 | 68.4 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 2,260.1 | 2,070.7 | 1,859.1 | 1,617.5 | 1,263.9 | 1,184.6 | 1,221.0 | 1,131.4 | 1,049.2 | 980.3 |
| Gross Profit | 39.7 | 416.8 | 356.8 | 336.0 | 182.0 | 158.6 | 219.3 | 207.6 | 211.6 | 180.2 |
| Operating Income | 167.8 | 136.8 | 76.7 | 90.6 | 138.8 | 131.6 | 189.6 | 179.1 | 179.4 | 151.5 |
| Net Income | 69.8 | (37.8) | (71.5) | (81.3) | (47.8) | 2.2 | (5.0) | 13.3 | 11.2 | (146.0) |
| EPS (Diluted) | 0.42 | -0.29 | -1.08 | -1.23 | -0.72 | 0.03 | -0.11 | 0.27 | 0.23 | -3.01 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 114.8 | 76.7 | 43.4 | 65.1 | 81.6 | 113.2 | 53.1 | 35.1 | 33.7 | 29.1 |
| Total Assets | 5,426.2 | 4,488.1 | 4,577.9 | 4,786.7 | 4,580.3 | 3,234.9 | 3,172.3 | 2,889.1 | 2,800.5 | 2,794.5 |
| Total Debt | 1,588.7 | 1,870.7 | 3,019.1 | 2,833.1 | 2,501.9 | 1,876.2 | 1,847.0 | 1,452.3 | 1,253.9 | 1,190.3 |
| Stockholders' Equity | 3,320.6 | 2,261.2 | 1,270.3 | 1,400.1 | 1,581.3 | 866.1 | 900.6 | 1,060.5 | 1,187.8 | 1,262.8 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 294.4 | 176.1 | 98.5 | 147.8 | 17.9 | 219.2 | 117.5 | 106.8 | 128.1 | 114.4 |
| Capital Expenditure | (128.6) | (91.9) | (99.8) | (71.5) | (79.7) | (128.3) | (92.8) | (66.9) | (43.6) | (46.0) |
| Free Cash Flow | 165.9 | 84.1 | (1.3) | 76.2 | (61.8) | 90.9 | 24.6 | 39.9 | 84.5 | 68.4 |