AHR · XBRL financial data

American Healthcare REIT financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (AHR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	—	—	—	1,867	2,071	2,260
Revenue from contracts with customers	68	1,124	1,412	1,669	1,884	2,095
Cost of goods and services sold	60	1,030	1,282	1,502	1,654	1,794
General and administrative	17	43	43	48	48	59
Operating income (loss)	218	213	302	307	364	415
Interest expense	20	81	106	163	128	86
Other income (expense)	(86)	(76)	(159)	(147)	(164)	(115)
Income tax expense (benefit)	0	1	1	1	2	(22)
Net income (loss)	(18)	(48)	(81)	(71)	(38)	70
Earnings per share, basic‡ USD per share	0.05	(0.96)	(1.24)	(1.08)	(0.29)	0.42
Earnings per share, diluted‡ USD per share	0.05	(0.96)	(1.24)	(1.08)	(0.29)	0.42
Weighted average shares, basic‡ millions of shares	45	50	66	66	131	166
Weighted average shares, diluted‡ millions of shares	45	50	66	66	131	167

‡ Per-share figures and share counts are adjusted for the 1-for-4 stock split (November 2022); filings made before it reported them unadjusted.

Fiscal years (AHR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	17	82	65	43	77	115
Inventory	25	19	20	19	19	19
Right-of-use asset	14	158	276	228	164	135
Goodwill	75	210	232	235	235	235
Total assets	1,093	4,580	4,787	4,578	4,488	5,426
Total liabilities	540	2,751	3,137	3,119	2,184	2,066
Accumulated deficit	(185)	(951)	(1,138)	(1,276)	(1,458)	(1,559)
Total stockholders' equity	549	1,581	1,400	1,270	2,261	3,321
Total liabilities and equity	1,093	4,580	4,787	4,578	4,488	5,426
Common shares outstanding (cover page)‡ millions of shares	45	—	—	65	158	188

‡ Per-share figures and share counts are adjusted for the 1-for-4 stock split (November 2022); filings made before it reported them unadjusted.

Fiscal years (AHR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(18)	(48)	(81)	(71)	(38)	70
Stock-based compensation	0	9	—	5	10	15
Depreciation and amortization	50	133	168	183	179	188
Net cash from operating activities	35	18	148	99	176	294
Net cash from investing activities	(76)	(139)	(119)	9	(9)	(1,083)
Proceeds from issuing common stock	0	—	0	0	1,364	1,156
Share repurchases	6	0	21	0	0	0
Dividends paid	18	23	51	76	121	164
Net cash from financing activities	43	94	(43)	(129)	(135)	817

SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
American Healthcare REIT	157	674	119*	218.0M	—	Q2 FY26 10-QJun 30, 2026
Rithm Capital	1,709	1,756	(1,589)*	558.4M	3.9 quarters	Q3 FY26 10-QSep 30, 2026
Ryman Hospitality Properties	348	656	194*	69.0M	—	Q3 FY26 10-QSep 30, 2026
CareTrust REIT	48	161	135*	236.3M	—	Q2 FY26 10-QJun 30, 2026
InterDigital	639	193	150*	25.8M	—	Q3 FY26 10-QSep 30, 2026
Essential Properties Realty Trust	25	169	118*	220.3M	—	Q3 FY26 10-QSep 30, 2026
First Industrial Realty Trust	42	197	not reported	132.6M	—	Q3 FY26 10-QSep 30, 2026
Starwood Property Trust	368	514	171*	370.2M	—	Q2 FY26 10-QJun 30, 2026
Healthcare Realty Trust	17	7.9	122*	338.5M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.