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Ventas Inc.Stock · Real EstateS&P 500 0.1%
$100.53+$2.61 (+2.67%)as of market close, Jul 24, 2026
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How Ventas makes money

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How does Ventas make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Ventas Inc. · FY2025 · year ended 2025-12-31
Revenue$5.8BGross profit$5.8B · 100%Cost of revenue$0 · 0%Operating income$5.7B · 97%Operating expenses$177M · 3%SG&A$177M · 3%Pre-tax income$262M · 4%Other expense$5.4B · 92%Net income$262M · 4%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.