10x Insights
Loading account…
Companies / Real Estate / American Healthcare REIT, Inc.
AHR

American Healthcare REIT, Inc.

Ticker AHRIRVINE, CAFiscal year ends DecemberBook value per share $27.75Diluted shares 199.5M

American Healthcare REIT, Inc. (NYSE: AHR) is a self-managed real estate investment trust that acquires, owns and operates clinical healthcare properties, primarily in the United States, with additional properties in the United Kingdom and the Isle of Man. Its portfolio includes senior housing, skilled nursing… From the company’s description.

Over the twelve months to Sep 30, 2026, American Healthcare REIT, Inc. reported revenue of $2.51B, up 16.4% from a year earlier, and net income of $97.45M. Its operating margin was 4.6%, and operations generated $421.74M in cash. In fiscal 2025, it reported revenue of $2.09B, up 11.2% from fiscal 2024, and net income of $70.82M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$2.09BFY2025
+11.2% year over year
Last 12 mo $2.51B
5.43%FY2025
+1 percentage points
Last 12 mo 4.59%
$70.82MFY2025
+298.9% year over year
Last 12 mo $97.45M
2.26%FY2025
+3.9 percentage points
Last 12 mo 1.98%
Cash & financing
$294.44MFY2025
+67.2% year over year
Last 12 mo $421.74M
$165.88MFY2025
+97.1% year over year
Last 12 mo $222.24M
0.47FY2025
Was 0.75× a year earlier
Last 12 mo 0.25
166.8MFY2025
+27.7% year over year
Last 12 mo 199.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What American Healthcare REIT, Inc. does

In the company’s own words

American Healthcare REIT, Inc. (NYSE: AHR) is a self-managed real estate investment trust that acquires, owns and operates clinical healthcare properties, primarily in the United States, with additional properties in the United Kingdom and the Isle of Man. Its portfolio includes senior housing, skilled nursing facilities, outpatient medical buildings and other healthcare-related properties; it also makes occasional real estate-related investments, including loans. The company reports four segments: integrated senior health campuses (ISHC), outpatient medical (OM), senior housing operating properties (SHOP) and triple-net leased properties. ISHC and SHOP properties are operated under RIDEA structures, while OM and triple-net properties are leased to healthcare providers or other operators. Its campuses offer multiple levels of senior care, and its outpatient buildings serve hospitals, physician practices and other healthcare providers. At December 31, 2025, the company owned or operated 147 ISHC, 74 OM buildings and 97 SHOP facilities, and had approximately 121 employees. The company conducts substantially all operations through its operating partnership. Its website is www.AmericanHealthcareREIT.com.

Company details
Sector
Real Estate
Industry (SIC)
REITs
Headquarters
IRVINE, CA
Fiscal year end
December
CIK
1632970
SIC
6798

Financial performance, year by year

Fiscal 2016–2025 · USD
$-335.14M$439.62M$1.21B$1.99B$2.76B2016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns American Healthcare REIT, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

444
funds hold it
0 of 35
superinvestors hold it
$4.54B
held by funds, at market
38.1%
of shares held by funds

Largest fund holders · American Healthcare REIT, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.28%of fund net assets
VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.13%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.31%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do American Healthcare REIT, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of American Healthcare REIT, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in American Healthcare REIT, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.