NYSE$AHR

American Healthcare REIT Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

American Healthcare REIT reported Q1 2025 revenue of $540.6M, a net loss of $6.8M, diluted EPS of $(0.04).

For Q1 2025, American Healthcare REIT reported Revenue was $540.6M, net loss was $6.8M, diluted EPS was $-0.04. Management discusses operating trends, liquidity, and outlook in the quarterly filing.

  • Revenue $540.6M for Q1 2025.
  • Net loss $6.8M.
  • Diluted EPS $-0.04.

Headline financials

Total Revenue

$541M

Previous: $500M+8.2%
EPS (adj)

-$0.04

Previous: -$0.04+0.0%
SHOP SS NOI Growth

30.7%

No prior period
Total Portfolio SS NOI Growth

15.1%

No prior period
ISHC SS NOI Growth

19.8%

No prior period
Outpatient Medical SS NOI Growth

2.0%

No prior period
Triple-Net SS NOI Growth

-1.4%

No prior period
Net Debt to Annualized Adj EBITDA

4.5

No prior period
Capital Expenditures

-$16.4M

Previous: -$352K-4571.0%
Free Cash Flow

-$23.2M

Previous: -$4.24M-447.7%
Net Income

-$6.8M

Previous: -$3.89M-74.8%
Operating Income

$94.5M

Previous: $82.2M+15.0%
Gross Profit

$108M

Previous: $95.9M+12.8%

Revenue & EPS history

American Healthcare REIT Inc · Revenue · Quarterly

$541M

Q1 2025+8.2%vs Q1 2024
Beat estimate in 3 of 8 quarters(38%)
ActualEstimate

Revenue by segment

American Healthcare REIT Inc · $543M total across 4 segments · Q4 2024

  • ISHC
    $423M—
  • SHOP
    $73.5M—
  • Outpatient Medical
    $33.3M—
  • Triple-Net Leased
    $12.6M—

Forward guidance

BDC and REIT outlook emphasizes portfolio yield, leasing, and dividend coverage.

Tailwinds

  • Investment income or property cash flows support distributions.
  • Balance-sheet capacity for originations or redevelopment.

Headwinds

  • Credit marks, rates, and tenant health.
  • Capital markets affect refinancing and growth.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.8%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+3.9%

Avg return

30 days after

64%

7 / 11 earnings

Positive

+8.3%

Q1 2025

Best reaction

-2.1%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026———
Q1 2026+4.3%+4.1%-4.2%
Q4 2025-2.1%-2.5%-11.4%
Q3 2025+3.0%-0.1%+4.6%
Q2 2025+1.3%+2.0%+7.2%
Q1 2025+8.3%+6.1%+10.2%
Q4 2024-1.3%+0.7%+0.8%
Q3 2024+1.2%+2.7%+7.1%
Q2 2024+3.3%+3.6%+35.1%
Q1 2024-0.1%+3.5%+6.2%
Q2 2023+2.8%+1.3%-6.8%
Q4 2023-0.8%+3.2%-5.9%
Q3 2023———
Q1 2023———
Q4 2022———
Q3 2022———
Q2 2022———
Q1 2022———
Q4 2021———
Q3 2021———
Q2 2021———
Q1 2021———
Q4 2020———
Q3 2020———
Q2 2020———
Q1 2020———
Q4 2019———
Q3 2019———
Q2 2019———
Q1 2019———
Q3 2018———
Q2 2018———
Q1 2018———
Q3 2017———
Q2 2017———
Q1 2017———

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