Ventas Q4 Normalized FFO $0.89, up 10% YoY; increases quarterly dividend

Ventas, Inc.

2025-FY EPS reported $0.54 revenue$5,833,980,000

Q4 Normalized FFO per share $0.89 vs $0.81; FY 2025 Normalized FFO $3.48 vs $3.19.
Attributable Net Income per share: Q4 $0.15, FY $0.54, up from $0.13 and $0.19 respectively.
Same-Store Cash NOI for SHOP grew >15% in FY 2025, fourth consecutive year of double-digit growth.
Closed $2.5B of accretive senior housing investments in 2025; increasing quarterly dividend.

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