American Healthcare REIT (AHR) revenue breakdown

Real Estate · REIT - Healthcare Facilities · Market cap $9.4B

By segment, ISHC is the largest at 78% of fiscal 2025 revenue; SHOP grew fastest, 30% a year over 6 years.

By region, United States is the largest at 100% of fiscal 2025 revenue, growing 10% a year over 2 years.

Revenue by segment

Fiscal years, as American Healthcare REIT reports them in its 10-K filings; fiscal 2025 total $2.3B.

Segments201720182019202020212022202320242025Share
ISHC——$1.0B$983M$1.0B$1.3B$1.5B$1.6B$1.8B 78%
SHOP——$68M$86M$98M$157M$187M$264M$331M 15%
OM——————$146M$135M$126M 6%
Triple-net leased properties——————$44M$52M$40M 2%
Senior Housing-RIDEA$6M$37M——————— —
Medical Office Building$22M$34M——————— —
Senior Housing$5M$9M——————— —
Skilled Nursing Facilities—$4M——————— —

Revenue by region

Fiscal years, as American Healthcare REIT reports them in its 10-K filings; fiscal 2025 total $2.3B.

Regions202320242025Share
United States$1.9B$2.1B$2.3B 100%
International$5M$7M$7M 0%
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Questions

Where does American Healthcare REIT make its money?

In fiscal 2025, by segment: ISHC $1.8B, SHOP $331M, OM $126M, Triple-net leased properties $40M.

From American Healthcare REIT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.