---
schema_version: "secwatch.filing_event.v1"
accession: "0001632970-24-000036"
form_type: "8-K"
ticker: "AHR"
cik: "0001632970"
company_name: "American Healthcare REIT, Inc."
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T09:54:42.755502+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# American Healthcare REIT Q4 NFFO $0.38/sh, FY24 guidance $1.18-$1.24; completed IPO, paid down $721M debt

## Summary
- GAAP net loss $(0.42) per share Q4, $(1.08) FY2023; NFFO $0.38 Q4, $1.40 FY2023.
- Total portfolio same-store NOI growth 9.5% Q4, 8.6% FY2023; SHOP NOI up 44.9% Q4.
- Disposed $195M non-core properties in 2023; subsequent IPO of 64.4M shares at $12.
- Used IPO proceeds to pay down ~$721M debt at 7.53% avg rate, improving leverage.
- FY2024 guidance: NAREIT FFO $1.13-$1.19/sh, NFFO $1.18-$1.24/sh, SS NOI growth 5-7%.

## SEC filing metadata
- accession: 0001632970-24-000036
- form_type: 8-K
- ticker: AHR
- cik: 0001632970
- company_name: American Healthcare REIT, Inc.
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1632970/000163297024000036/0001632970-24-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1632970/000163297024000036/ahr-20240321.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001632970-24-000036
- JSON: https://secwatch.observer/filing/0001632970-24-000036.json
- Plain text: https://secwatch.observer/filing/0001632970-24-000036.txt

## Key facts
- Earnings Releases
  American Healthcare REIT, Inc. reported financial results for year ended December 31, 2023.
  - Period: year ended December 31, 2023
  - Result: reported results
  source text: Total Portfolio Same-Store Net Operating Income (“NOI”) growth of 8.6%, highlighted by 27.2% and 14.0% Same-Store NOI growth from our SHOP and Integrated Senior Health Campuses (“ISHC”), respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1632970/000163297024000036/0001632970-24-000036-index.htm
- Earnings Releases
  American Healthcare REIT, Inc. reported 12 months ended December 31, 2023 results: EPS $(1.08) per basic and diluted share.
  - Period: 12 months ended December 31, 2023
  - EPS: $(1.08) per basic and diluted share
  - Result: reported results
  source text: Reported GAAP net loss attributable to stockholders of $(0.42) and $(1.08) per basic and diluted share for the three and 12 months ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1632970/000163297024000036/0001632970-24-000036-index.htm
- Earnings Releases
  American Healthcare REIT, Inc. updated its year ending December 31, 2024 guidance (initiated).
  - Period: year ending December 31, 2024
  - Guidance: initiated
  - Result: guidance update
  source text: The Company has established the following guidance ranges for the year ending December 31, 2024: Full Year 2024 Guidance Metric FY 2023 Actual FY 2024 Range FY 2024 Midpoint NAREIT FFO per share Normalized FFO per share Total Portfolio SS NOI Growth: $0.99 $1.40 8.6% $1.13 to $1.19 $1.18 to $1.24 5.0% to 7.0% $1.16 $1.21 6.0%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1632970/000163297024000036/0001632970-24-000036-index.htm
- Earnings Releases
  American Healthcare REIT, Inc. reported three months ended December 31, 2023 results: EPS $(0.42) per basic and diluted share.
  - Period: three months ended December 31, 2023
  - EPS: $(0.42) per basic and diluted share
  - Result: reported results
  source text: Reported GAAP net loss attributable to stockholders of $(0.42) and $(1.08) per basic and diluted share for the three and 12 months ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1632970/000163297024000036/0001632970-24-000036-index.htm
- Earnings Releases
  American Healthcare REIT, Inc. updated its fourth quarter 2023 and full year 2023 guidance (initiated).
  - Period: fourth quarter 2023 and full year 2023
  - Guidance: initiated
  - Result: reported results
  source text: American Healthcare REIT (“AHR”) Announces Fourth Quarter 2023 and Full Year 2023 Results; Issues Full Year 2024 Guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1632970/000163297024000036/0001632970-24-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.