Symbols / AHR Stock $50.58 +5.90% American Healthcare REIT, Inc.

Real Estate • REIT - Healthcare Facilities • United States • NYQ
AHR (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: SMA 50: SMA 200:
About

American Healthcare REIT, Inc., a Maryland-based self-managed REIT, owns and operates a diversified portfolio of clinical healthcare real estate across the U.S., U.K., and the Isle of Man. Its focus includes senior housing, skilled nursing facilities (SNFs), outpatient medical (OM) buildings, and other healthcare-related properties. The company utilizes a fully integrated management platform and operates senior housing under the RIDEA structure. In addition to owning and operating properties, it has originated and acquired secured loans and may pursue other real estate-related investments opportunistically. The REIT seeks income-generating assets and selectively develops healthcare properties. It has elected to be taxed as a REIT under the U.S. Internal Revenue Code and intends to maintain compliance with REIT requirements.

Stock Fundamentals
Scroll to Statements
Market Cap 9.70B Enterprise Value 10.59B Income 69.81M Sales 2.26B Book/sh 17.86 Cash/sh 0.61
Dividend Yield 2.09% Payout 238.10% Employees 121 IPO P/E 120.43 Forward P/E 51.79
PEG P/S 4.30 P/B 2.83 P/C EV/EBITDA 27.35 EV/Sales 4.69
Quick Ratio 0.72 Current Ratio 0.94 Debt/Eq 50.20 LT Debt/Eq EPS (ttm) 0.42 EPS next Y 0.98
EPS Growth Revenue Growth 11.90% Earnings 2026-05-07 ROA 2.10% ROE 2.50% ROIC
Gross Margin 18.30% Oper. Margin 6.68% Profit Margin 3.09% Shs Outstand 191.87M Shs Float 186.64M Short Float 8.44%
Short Ratio 5.62 Short Interest 52W High 54.67 52W Low 30.06 Beta 1.18 Avg Volume 3.01M
Volume 2.12M Target Price $57.92 Recom Buy Prev Close $47.76 Price $50.58 Change 5.90%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$57.92
Mean price target
2. Current target
$50.58
Latest analyst target
3. DCF / Fair value
$32.02
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$50.58
Low
$54.00
High
$63.00
Mean
$57.92

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-13 main Truist Securities Buy → Buy $57
2026-03-11 main Scotiabank Sector Outperform → Sector Outperform $59
2026-03-02 main Citigroup Neutral → Neutral $55
2026-02-05 reit Citizens Market Outperform → Market Outperform $60
2026-01-29 init BMO Capital — → Outperform $55
2026-01-20 main Truist Securities Buy → Buy $52
2025-11-26 main Truist Securities Buy → Buy $53
2025-11-21 main Citigroup Neutral → Neutral $52
2025-11-20 main Morgan Stanley Overweight → Overweight $55
2025-11-17 main UBS Buy → Buy $56
2025-11-13 main Scotiabank Sector Outperform → Sector Outperform $55
2025-11-13 main Keybanc Overweight → Overweight $55
2025-11-12 main RBC Capital Outperform → Outperform $54
2025-11-10 main Citizens Market Outperform → Market Outperform $60
2025-10-17 main JMP Securities Market Outperform → Market Outperform $50
2025-10-14 main Keybanc Overweight → Overweight $43
2025-09-19 init UBS — → Buy $51
2025-08-28 main Scotiabank Sector Outperform → Sector Outperform $47
2025-08-26 main Truist Securities Buy → Buy $46
2025-08-18 main Truist Securities Buy → Buy $44
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-06 PROSKY DANNY Director 15,924
2026-04-06 OH STEFAN K.L. Chief Investment Officer 3,185
2026-04-06 FOSTER MARK E. General Counsel 2,986
2026-04-06 WILLHITE GABRIEL M. Chief Operating Officer 6,768
2026-04-06 PEAY BRIAN SCOTT Chief Financial Officer 6,768
2026-03-25 PROSKY DANNY Director 51,797
2026-03-25 OH STEFAN K.L. Chief Investment Officer 14,237
2026-03-25 FOSTER MARK E. General Counsel 2,000 $48.55 $97,100
2026-03-25 FOSTER MARK E. General Counsel 11,108
2026-03-25 WILLHITE GABRIEL M. Chief Operating Officer 15,205
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
2,260.12
+9.15%
2,070.67
+11.38%
1,859.14
+14.94%
1,617.50
Operating Revenue
2,260.12
+9.15%
2,070.67
+11.38%
1,859.14
+14.94%
1,617.50
Cost Of Revenue
1,793.53
+8.44%
1,653.89
+10.09%
1,502.31
+17.23%
1,281.53
Reconciled Cost Of Revenue
1,755.89
+8.96%
1,611.45
+11.32%
1,447.62
+15.91%
1,248.88
Gross Profit
466.59
+11.95%
416.77
+16.80%
356.83
+6.21%
335.97
Operating Expense
297.73
+6.33%
279.99
-0.04%
280.11
+14.15%
245.38
Selling General And Administration
110.17
+9.29%
100.80
-3.99%
104.98
+1.83%
103.10
General And Administrative Expense
110.17
+9.29%
100.80
-3.99%
104.98
+1.83%
103.10
Other Gand A
58.73
+23.50%
47.56
+0.10%
47.51
+9.42%
43.42
Other Operating Expenses
-7.47
+70.89%
-25.68
Total Expenses
2,091.26
+8.14%
1,933.88
+8.50%
1,782.42
+16.73%
1,526.91
Operating Income
168.87
+23.45%
136.78
+78.29%
76.72
-15.31%
90.59
EBITDA
359.62
+13.99%
315.48
-2.71%
324.26
+38.72%
233.76
Normalized EBITDA
415.48
+14.49%
362.91
+13.19%
320.62
+1.71%
315.23
Reconciled Depreciation
225.20
+1.61%
221.64
-6.60%
237.30
+18.29%
200.60
EBIT
134.42
+43.24%
93.84
+7.91%
86.97
+162.27%
33.16
Total Unusual Items
-55.86
-17.79%
-47.43
-1403.30%
3.64
+104.47%
-81.47
Total Unusual Items Excluding Goodwill
-55.86
-17.79%
-47.43
-1403.30%
3.64
+104.47%
-81.47
Special Income Charges
-55.04
-4.05%
-52.90
-75.07%
-30.21
+63.26%
-82.24
Impairment Of Capital Assets
49.94
+9.14%
45.76
+87.37%
24.42
-68.64%
77.86
Restructuring And Mergern Acquisition
5.10
-28.54%
7.14
+23.23%
5.79
+32.06%
4.39
Net Income
69.81
+284.61%
-37.81
+47.09%
-71.47
+12.09%
-81.30
Pretax Income
48.65
+243.56%
-33.89
+55.54%
-76.22
-4.71%
-72.80
Net Non Operating Interest Income Expense
-85.78
+32.85%
-127.73
+21.73%
-163.19
-54.02%
-105.96
Interest Expense Non Operating
85.78
-32.85%
127.73
-21.73%
163.19
+54.02%
105.96
Net Interest Income
-85.78
+32.85%
-127.73
+21.73%
-163.19
-54.02%
-105.96
Interest Expense
85.78
-32.85%
127.73
-21.73%
163.19
+54.02%
105.96
Other Income Expense
-34.44
+19.79%
-42.94
-519.03%
10.25
+117.84%
-57.43
Other Non Operating Income Expenses
8.80
-22.44%
11.35
+49.36%
7.60
+148.07%
3.06
Gain On Sale Of Security
-0.82
-115.07%
5.47
-83.84%
33.85
+4268.13%
0.78
Tax Provision
-22.17
-1394.28%
1.71
+158.37%
0.66
+13.14%
0.59
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-11.73
-17.79%
-9.96
-1403.30%
0.76
+104.47%
-17.11
Net Income Including Noncontrolling Interests
70.82
+298.93%
-35.60
+53.70%
-76.89
-4.77%
-73.38
Net Income From Continuing Operation Net Minority Interest
69.81
+284.61%
-37.81
+47.09%
-71.47
+12.09%
-81.30
Net Income From Continuing And Discontinued Operation
69.81
+284.61%
-37.81
+47.09%
-71.47
+12.09%
-81.30
Net Income Continuous Operations
70.82
+298.93%
-35.60
+53.70%
-76.89
-4.77%
-73.38
Minority Interests
-1.01
+54.25%
-2.21
-140.83%
5.42
+168.42%
-7.92
Normalized Income
113.94
+33156.83%
-0.34
+99.54%
-74.34
-338.83%
-16.94
Net Income Common Stockholders
69.81
+284.61%
-37.81
+47.09%
-71.47
+12.09%
-81.30
Diluted EPS
0.42
+244.83%
-0.29
+73.15%
-1.08
+12.05%
-1.23
Basic EPS
0.42
+244.83%
-0.29
+73.15%
-1.08
+12.05%
-1.23
Basic Average Shares
166.06
+27.11%
130.64
+97.79%
66.05
-0.25%
66.21
Diluted Average Shares
166.85
+27.72%
130.64
+97.79%
66.05
-0.25%
66.21
Diluted NI Availto Com Stockholders
69.80
+284.60%
-37.81
+47.09%
-71.47
+12.09%
-81.30
Average Dilution Earnings
-0.01
0.00
0.00
Depreciation Amortization Depletion Income Statement
187.56
+4.67%
179.19
-1.87%
182.60
+8.72%
167.96
Depreciation And Amortization In Income Statement
187.56
+4.67%
179.19
-1.87%
182.60
+8.72%
167.96
Earnings From Equity Interest
12.61
+283.65%
-6.87
-592.34%
-0.99
-104.73%
20.97
Gain On Sale Of PPE
32.47
+492.45%
5.48
Rent And Landing Fees
51.43
-3.39%
53.24
-7.37%
57.48
-3.70%
59.68
Rent Expense Supplemental
51.43
-3.39%
53.24
-7.37%
57.48
-3.70%
59.68
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
5,426.23
+20.90%
4,488.06
-1.96%
4,577.93
-4.36%
4,786.70
Current Assets
374.90
+5.64%
354.89
+19.45%
297.10
+10.37%
269.18
Cash Cash Equivalents And Short Term Investments
114.84
+49.72%
76.70
+76.55%
43.45
-33.21%
65.05
Cash And Cash Equivalents
114.84
+49.72%
76.70
+76.55%
43.45
-33.21%
65.05
Receivables
204.31
-3.22%
211.10
+13.88%
185.38
+34.82%
137.50
Accounts Receivable
204.31
-3.22%
211.10
+13.88%
185.38
+34.82%
137.50
Inventory
18.84
-3.28%
19.48
+0.03%
19.47
-1.53%
19.77
Finished Goods
18.84
-3.28%
19.48
+0.03%
19.47
-1.53%
19.77
Prepaid Assets
25.87
Restricted Cash
36.92
-20.78%
46.60
-1.56%
47.34
+1.03%
46.85
Hedging Assets Current
0.00
-100.00%
1.01
-30.76%
1.46
0.00
Other Current Assets
33.20
+28.37%
25.87
Total Non Current Assets
5,051.32
+22.21%
4,133.16
-3.45%
4,280.84
-5.24%
4,517.52
Net PPE
135.40
-17.43%
163.99
-28.03%
227.85
-17.55%
276.34
Gross PPE
135.40
-17.43%
163.99
-28.03%
227.85
-17.55%
276.34
Other Properties
135.40
-17.43%
163.99
-28.03%
227.85
-17.55%
276.34
Goodwill And Other Intangible Assets
488.18
+23.15%
396.42
-4.57%
415.41
-11.22%
467.89
Goodwill
234.94
+0.00%
234.94
+0.00%
234.94
+1.44%
231.61
Other Intangible Assets
253.24
+56.83%
161.47
-10.53%
180.47
-23.62%
236.28
Investments And Advances
95.75
-8.97%
105.19
-2.19%
107.55
+16.17%
92.58
Long Term Equity Investment
3.62
-74.03%
13.92
-32.44%
20.61
+115.15%
9.58
Non Current Deferred Assets
74.35
+44.98%
51.28
-0.18%
51.37
+0.33%
51.20
Non Current Deferred Taxes Assets
22.94
0.00
Non Current Prepaid Assets
6.05
+3683.12%
0.16
Other Non Current Assets
68.17
+37.77%
49.48
-7.03%
53.23
+11.14%
47.89
Total Liabilities Net Minority Interest
2,065.61
-5.42%
2,183.89
-29.98%
3,118.76
-0.59%
3,137.34
Current Liabilities
867.50
-8.38%
946.86
-35.45%
1,466.87
-3.85%
1,525.62
Payables And Accrued Expenses
317.74
+23.00%
258.32
+6.35%
242.91
-0.38%
243.83
Payables
317.74
+23.00%
258.32
+6.35%
242.91
-0.38%
243.83
Accounts Payable
317.74
+23.00%
258.32
+6.35%
242.91
-0.38%
243.83
Current Debt And Capital Lease Obligation
549.76
-20.15%
688.53
-43.75%
1,223.97
-4.51%
1,281.79
Current Debt
549.76
-20.15%
688.53
-43.75%
1,223.97
-4.51%
1,281.79
Current Capital Lease Obligation
225.50
-17.42%
273.07
Total Non Current Liabilities Net Minority Interest
1,198.11
-3.15%
1,237.04
-25.11%
1,651.88
+2.49%
1,611.71
Long Term Debt And Capital Lease Obligation
1,136.43
-3.87%
1,182.18
-24.69%
1,569.65
+1.18%
1,551.33
Long Term Debt
1,000.83
-1.58%
1,016.94
-24.34%
1,344.15
+5.16%
1,278.25
Long Term Capital Lease Obligation
135.60
-17.94%
165.24
-26.72%
225.50
-17.42%
273.07
Other Non Current Liabilities
61.68
+12.43%
54.86
-33.29%
82.23
+36.18%
60.38
Stockholders Equity
3,320.64
+46.85%
2,261.23
+78.00%
1,270.32
-9.27%
1,400.09
Common Stock Equity
3,320.64
+46.85%
2,261.23
+78.00%
1,270.32
-9.27%
1,400.09
Capital Stock
1.85
+18.41%
1.56
+136.61%
0.66
+0.00%
0.66
Common Stock
1.85
+18.41%
1.56
+136.61%
0.66
+0.00%
0.66
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
185.91
+18.08%
157.45
+137.74%
66.23
+0.02%
66.21
Ordinary Shares Number
185.91
+18.08%
157.45
+137.74%
66.23
+0.02%
66.21
Additional Paid In Capital
4,880.17
+31.18%
3,720.27
+45.99%
2,548.31
+0.31%
2,540.42
Retained Earnings
-1,559.28
-6.94%
-1,458.09
-14.25%
-1,276.22
-12.12%
-1,138.30
Gains Losses Not Affecting Retained Earnings
-2.10
+16.24%
-2.51
-3.59%
-2.42
+9.85%
-2.69
Minority Interest
39.98
-6.88%
42.93
-77.27%
188.86
-24.24%
249.27
Other Equity Adjustments
-2.10
+16.24%
-2.51
-3.59%
-2.42
+9.85%
-2.69
Total Equity Gross Minority Interest
3,360.61
+45.85%
2,304.16
+57.91%
1,459.18
-11.53%
1,649.36
Total Capitalization
4,321.47
+31.83%
3,278.17
+25.39%
2,614.47
-2.38%
2,678.34
Working Capital
-492.60
+16.79%
-591.96
+49.40%
-1,169.78
+6.90%
-1,256.44
Invested Capital
4,871.23
+22.80%
3,966.71
+3.34%
3,838.44
-3.07%
3,960.14
Total Debt
1,686.19
-9.86%
1,870.71
-33.04%
2,793.62
-1.39%
2,833.12
Net Debt
1,435.75
-11.85%
1,628.77
-35.49%
2,524.67
+1.19%
2,494.99
Capital Lease Obligations
135.60
-17.94%
165.24
-26.72%
225.50
-17.42%
273.07
Net Tangible Assets
2,832.46
+51.89%
1,864.82
+118.13%
854.91
-8.29%
932.20
Tangible Book Value
2,832.46
+51.89%
1,864.82
+118.13%
854.91
-8.29%
932.20
Dueto Related Parties Current
0.00
Held To Maturity Securities
92.14
+0.96%
91.26
+4.98%
86.94
+4.74%
83.00
Investment Properties
4,183.42
+24.26%
3,366.65
-1.72%
3,425.44
-4.36%
3,581.61
Investmentin Financial Assets
92.14
+0.96%
91.26
+4.98%
86.94
+4.74%
83.00
Line Of Credit
549.76
-20.15%
688.53
-43.75%
1,223.97
-4.51%
1,281.79
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
294.44
+67.21%
176.09
+78.71%
98.53
-33.32%
147.77
Cash Flow From Continuing Operating Activities
294.44
+67.21%
176.09
+78.71%
98.53
-33.32%
147.77
Net Income From Continuing Operations
70.82
+298.93%
-35.60
+53.70%
-76.89
-4.77%
-73.38
Depreciation Amortization Depletion
225.20
+1.61%
221.64
-6.60%
237.30
+18.29%
200.60
Depreciation
187.56
+4.67%
179.19
-1.87%
182.60
+8.72%
167.96
Amortization Cash Flow
37.64
-11.32%
42.45
-22.39%
54.69
+67.55%
32.64
Depreciation And Amortization
225.20
+1.61%
221.64
-6.60%
237.30
+18.29%
200.60
Amortization Of Intangibles
37.64
-11.32%
42.45
-22.39%
54.69
+67.55%
32.64
Other Non Cash Items
-3.08
+4.79%
-3.23
+7.07%
-3.48
+46.63%
-6.52
Stock Based Compensation
14.62
+48.14%
9.87
+80.50%
5.47
+39.88%
3.91
Asset Impairment Charge
49.94
+9.14%
45.76
+87.37%
24.42
-68.64%
77.86
Deferred Tax
-22.94
0.00
0.00
0.00
Deferred Income Tax
-22.94
0.00
0.00
0.00
Operating Gains Losses
-9.79
-254.42%
6.34
+119.52%
-32.49
-92.30%
-16.90
Gain Loss On Investment Securities
4.00
+164.06%
-6.24
+80.21%
-31.55
-427.44%
-5.98
Net Foreign Currency Exchange Gain Loss
-3.22
-512.69%
0.78
+134.18%
-2.28
-146.64%
4.89
Change In Working Capital
-30.32
+55.85%
-68.68
-23.11%
-55.79
-47.60%
-37.80
Change In Receivables
-13.05
+45.04%
-23.75
+31.62%
-34.72
-679.09%
-4.46
Change In Payables And Accrued Expense
29.01
+4543.03%
-0.65
-104.23%
15.43
+11.16%
13.88
Change In Payable
29.01
+4543.03%
-0.65
-104.23%
15.43
+11.16%
13.88
Change In Account Payable
29.01
+4543.03%
-0.65
-104.23%
15.43
+11.16%
13.88
Change In Other Working Capital
4.28
+130.12%
-14.22
Change In Other Current Assets
-20.64
-118.11%
-9.46
-127.10%
-4.17
+49.83%
-8.30
Change In Other Current Liabilities
-25.65
+26.34%
-34.82
-7.72%
-32.33
+16.93%
-38.92
Investing Cash Flow
-1,083.29
-12303.16%
-8.73
-192.95%
9.40
+107.92%
-118.58
Cash Flow From Continuing Investing Activities
-1,083.29
-12303.16%
-8.73
-192.95%
9.40
+107.92%
-118.58
Capital Expenditure
-128.56
-39.83%
-91.94
+7.87%
-99.79
-39.53%
-71.52
Capital Expenditure Reported
-128.56
-39.83%
-91.94
+7.87%
-99.79
-39.53%
-71.52
Net Business Purchase And Sale
-118.84
-50470.64%
-0.23
+98.18%
-12.93
+30.40%
-18.57
Purchase Of Business
-118.84
-50470.64%
-0.23
+98.18%
-12.93
+30.40%
-18.57
Net Other Investing Changes
4.93
+161.70%
1.89
+112.67%
-14.88
-396.00%
-3.00
Financing Cash Flow
817.24
+706.52%
-134.74
-4.40%
-129.06
-200.68%
-42.92
Cash Flow From Continuing Financing Activities
817.24
+706.52%
-134.74
-4.40%
-129.06
-200.68%
-42.92
Net Issuance Payments Of Debt
-159.94
+83.93%
-995.45
-5560.47%
-17.59
-127.99%
62.83
Issuance Of Debt
278.50
-70.82%
954.32
+65.06%
578.17
-55.74%
1,306.36
Repayment Of Debt
-438.44
+77.51%
-1,949.77
-227.27%
-595.76
+52.09%
-1,243.53
Long Term Debt Issuance
278.50
-70.82%
954.32
+65.06%
578.17
-55.74%
1,306.36
Long Term Debt Payments
-438.44
+77.51%
-1,949.77
-227.27%
-595.76
+52.09%
-1,243.53
Net Long Term Debt Issuance
-159.94
+83.93%
-995.45
-5560.47%
-17.59
-127.99%
62.83
Short Term Debt Issuance
401.45
-65.40%
1,160.40
Short Term Debt Payments
-459.36
+58.41%
-1,104.40
Net Short Term Debt Issuance
-57.91
-203.41%
56.00
Net Common Stock Issuance
1,156.27
-15.24%
1,364.24
+290983.16%
-0.47
+97.73%
-20.70
Common Stock Payments
0.00
+100.00%
-0.01
+97.01%
-0.47
+97.73%
-20.70
Common Stock Dividend Paid
-163.52
-35.26%
-120.89
-58.48%
-76.28
-49.22%
-51.12
Cash Dividends Paid
-163.52
-35.26%
-120.89
-58.48%
-76.28
-49.22%
-51.12
Repurchase Of Capital Stock
0.00
+100.00%
-0.01
+97.01%
-0.47
+97.73%
-20.70
Proceeds From Stock Option Exercised
0.24
0.00
0.00
0.00
Net Other Financing Charges
-15.81
+95.87%
-382.64
-1001.98%
-34.72
-2.34%
-33.93
Changes In Cash
28.39
-12.94%
32.61
+254.32%
-21.13
-53.86%
-13.73
Effect Of Exchange Rate Changes
0.06
+168.13%
-0.09
-1400.00%
0.01
-95.45%
0.15
Beginning Cash Position
123.30
+35.82%
90.78
-18.88%
111.91
-10.82%
125.49
End Cash Position
151.75
+23.08%
123.30
+35.82%
90.78
-18.88%
111.91
Free Cash Flow
165.88
+97.13%
84.15
+6799.60%
-1.26
-101.65%
76.25
Interest Paid Supplemental Data
80.11
-31.11%
116.28
-23.83%
152.67
+72.15%
88.68
Income Tax Paid Supplemental Data
1.80
+36.29%
1.32
+1.77%
1.30
+14.68%
1.13
Common Stock Issuance
1,156.27
-15.25%
1,364.26
0.00
0.00
Dividends Received CFI
0.00
-100.00%
0.13
0.00
0.00
Earnings Losses From Equity Investments
-12.40
-280.58%
6.87
+592.34%
0.99
+104.73%
-20.97
Issuance Of Capital Stock
1,156.27
-15.25%
1,364.26
0.00
0.00
Net Investment Properties Purchase And Sale
-840.82
-1132.57%
81.43
-40.56%
136.99
+580.92%
-28.49
Purchase Of Investment Properties
-891.03
-1376.40%
-60.35
-26.96%
-47.54
+38.09%
-76.78
Sale Of Investment Properties
50.21
-64.58%
141.78
-23.17%
184.53
+282.08%
48.30
SEC Filings

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