Ventas Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Ventas Inc (VTR) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Ventas Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 6,442M vs 19,286M combined for tracked competitors (25.0% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+7.4% annualized vs trailing 12 months), vs decelerating (-4.1%) for its tracked peer group.
- Growth: Ventas Inc generated 21.7% revenue growth year over year in Q2 2026, vs -1.7% for its tracked competitors combined.
- Profitability: Its 4.2% net margin compares with 22.4% for the peer group.
- Scale: Ventas Inc ranks #9 of 189 companies by market capitalization in the Real Estate Investment Trusts industry, holding 3.0% of industry market cap.
- Peer revenue share: Ventas Inc accounted for 27.2% of combined revenue among its tracked peer group, up from 23.2% a year earlier.
- Peer differentiation: Revenue per employee of $11.88M compares with $0.92M for the peer group (12.9x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
VTR Sales vs. its Competitors, Q2 2026
Ventas Inc reported revenue growth of 21.73 % year on year in Q2 2026, above its competitors' combined revenue change of -1.72 %.
With a net margin of 4.18 %, Ventas Inc reported lower profitability than its competitors (22.35 %).
Ventas Inc generated 27.23 % of the combined sales of its peer group, up from 23.20 % a year earlier.
Ventas Inc vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Ventas Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Ventas inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (1) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (8) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (2) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Ventas Inc's competitor groups requires a Commercial License.
For context: the Real Estate Investment Trusts industry grew revenue -0.8% year over year, combined, vs 21.7% for Ventas Inc. Ventas Inc's share of combined industry revenue moved from 1.96% to 2.41%, a gain of 0.45 percentage points.
Ventas Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Ventas inc | Yes | Yes | Yes | - |
| Competitors combined (36) | ||||
| High-Confidence Competitors (1) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 87.50 % (7 of 8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 12.50 % (1 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
VTR Stock Performance relative to its Competitors
VTR Stock Performance relative to High-Confidence Competitors
VTR Stock Performance relative to Similar-Size Competitors
VTR Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Northstar Healthcare Income Inc | 282.9% | Outperformed |
| 2 | Diversified Healthcare Trust | 282.9% | Outperformed |
| 3 | Welltower Inc | 282.9% | Outperformed |
| 4 | Brookdale Senior Living Inc | 282.9% | Outperformed |
| 5 | Nexpoint Diversified Real Estate Trust | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Ventas Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Ventas Inc's Comment on Competition and Industry Peers
We generally compete for investments in seniors housing and healthcare assets with publicly traded, private and non-listed healthcare REITs, real estate partnerships, healthcare providers, healthcare lenders and other investors, including developers, banks, insurance companies, pension funds, government-sponsored entities and private equity firms, some of whom may have greater financial resources and lower costs of capital than we do. Increased competition challenges our ability to identify and successfully capitalize on opportunities that meet our objectives, which is affected by, among other factors, the availability of suitable acquisition or investment targets, our ability to negotiate acceptable acquisition or investment terms and our access to and cost of capital.
Our tenants, operators and managers also compete on a local and regional basis with other healthcare operating companies that provide comparable services. Seniors housing community, skilled nursing facility and hospital operators compete to attract and retain residents and patients to our properties based on scope and quality of care, reputation and financial condition, price, location and physical appearance of the properties, services offered, qualified personnel, physician referrals and family preferences. In the case of MOBs, we and our third-party managers compete to attract and retain tenants based on many of the same factors, in addition to quality of the affiliated health system, physician preferences and proximity to hospital campuses. The ability of our tenants, operators and managers to compete successfully could be affected by private, federal and state reimbursement programs and other laws and regulations
Publicly Traded Peers of Ventas inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Ventas inc | 43,321.90 | 6,441.57 |
| Welltower Inc | 169,188.36 | 11,766.87 |
| Digital Realty Trust Inc | 62,589.54 | 6,340.23 |
| W P Carey Inc | 14,955.30 | 1,791.42 |
| Omega Healthcare Investors Inc | 14,762.55 | 1,282.01 |
| Healthpeak Properties Inc | 13,972.88 | 2,872.58 |
| SUBTOTAL | 395,225.67 | 51,690.69 |
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Sources: Ventas inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Ventas inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Ventas Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Ardent Health Inc | Named by the company | 85% |
| Brookdale Senior Living Inc | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Ventas Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Ventas Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Ventas inc | Senior Housing Operating Portfolio (shop) 78.02 % |
| Welltower Inc | Senior Housing - Operating 77.53 % |
| Healthpeak Properties Inc | Outpatient medical 42.26 % |
| American Healthcare Reit Inc | Integrated senior health campuses 76.07 % |
| Caretrust Reit Inc | Reportable 100.00 % |
| Alexandria Real Estate Equities Inc | Reportable Segment, Aggregation before Other Operating 93.26 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Ventas Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Ventas inc | 43,322 | 11,884,817 | 503,631 |
| Welltower Inc | 169,188 | 16,526,507 | 2,046,201 |
| Digital Realty Trust Inc | 62,590 | 1,730,412 | 377,067 |
| W P Carey Inc | 14,955 | 9,002,126 | 3,306,241 |
| Omega Healthcare Investors Inc | 14,763 | 18,579,841 | 12,973,507 |
| Healthpeak Properties Inc | 13,973 | 6,989,234 | 609,779 |
| PEERS TOTAL | 351,904 | 920,502 | 69,185 |
Ventas Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Welltower Inc | United States 76.30 % |
| Digital Realty Trust Inc | US 52.29 % |
| American Healthcare Reit Inc | US 99.75 % |
| Hashicorp Inc | United States 68.09 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Ventas Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 182 companies in Ventas Inc's industry classification, broader than the peer set above. Market cap in millions of $.Ventas Inc ranks #9 of 182 companies by market capitalization in its industry, holding 3.04 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 417, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Welltower Inc | 169,907 | 11.84 % |
| 2 | Prologis Inc | 127,892 | 8.91 % |
| 3 | Equinix Inc | 101,514 | 7.07 % |
| 4 | American Tower Corporation | 78,673 | 5.48 % |
| 5 | Simon Property Group inc | 1,234 | 5.2% |
| 6 | Digital Realty Trust Inc | 1,234 | 5.2% |
| 7 | Realty Income Corporation | 1,234 | 5.2% |
| 8 | Public Storage | 1,234 | 5.2% |
| 9 | Ventas inc | 43,635 | 3.04 % |
| 10 | Iron Mountain Inc | 1,234 | 5.2% |
Market cap and industry share for the rest of Ventas Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Ventas Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 4 | American Tower Corporation | 78,673 | -12.90 % |
| 5 | Simon Property Group inc | 66,693 | 12.39 % |
| 6 | Digital Realty Trust Inc | 63,333 | 4.62 % |
| 7 | Realty Income Corporation | 51,818 | -7.28 % |
| 8 | Public Storage | 1,234 | 12.3% |
| 9 | Ventas inc | 43,635 | 30.60 % |
| 10 | Iron Mountain Inc | 1,234 | 12.3% |
| 11 | Extra Space Storage Inc | 1,234 | 12.3% |
| 12 | Crown Castle Inc | 1,234 | 12.3% |
| 13 | Vici Properties Inc | 1,234 | 12.3% |
| 14 | Sba Communications Corporation | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Ventas Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Ventas Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Real Estate Investment Trusts industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (194 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 40.28 % | 71.22 % (avg) | -30.9 pp |
| Operating Margin | 10.67 % | industry median | -17.4 pp |
| EBITDA Margin | 34.61 % | 37.42 % (avg) | -2.8 pp |
| Capital Intensity (Capex / Revenue) | 64.08 % | 23.97 % (avg) | +40.1 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Ventas Inc's Valuation vs Competitive Position
Valuation multiples vs the Real Estate Investment Trusts industry average (194 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 164.4x | 33.2x | +131.2x |
| EV / EBITDA | 25.4x | 17.6x | +7.7x |
| P/B | 3.3x | 2.0x | +1.3x |
| Return on Equity | 2.06 % | industry aggregate | -3.89 % |
| Return on Invested Capital | 1.72 % | 1.99 % (avg) | -0.27 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Ventas Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 4.80 % | 3.39 % | -2.00 % | -1.03 % | 7.81 % | 8.93 % | 9.48 % | 18.47 % |
| Operating Margin | 22.41 % | 11.62 % | 7.87 % | 3.96 % | 9.21 % | 9.29 % | 12.22 % | 14.11 % |
| Return on Invested Capital | 2.60 % | 1.62 % | 0.97 % | 0.56 % | 1.11 % | 1.21 % | 1.71 % | 2.19 % |
| P/E | 53.8x | 48.8x | 39.7x | 116.6x | - | - | 305.3x | 144.3x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Ventas Inc's Strategic Group Map
Every company in Ventas Inc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Ventas Inc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Ventas Inc's BCG Growth-Share Matrix
Relative market share (vs Ventas Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Ventas Inc falls in the Dog quadrant: relative market share of 0.26x vs its largest competitor, in an industry growing revenue 1.9% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Ventas Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 417 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 64.08 % vs industry average 23.97 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Ventas Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Ventas Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Ventas Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Ventas Inc falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Ventas Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+7.4% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Operating margin 17.4 points below the industry median.
- Low relative market share vs the industry leader (0.26x).
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-4.1% annualized).
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Ventas Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Ventas inc | 0.25 | 0.31 | 0.96 |
| Welltower Inc | 2.32 | 3.26 | 0.26 |
| Digital Realty Trust Inc | 1.31 | 1.92 | 0.07 |
| W P Carey Inc | 0.31 | 0.78 | 1.05 |
| Omega Healthcare Investors Inc | 0.59 | 1.92 | 0.05 |
| Healthpeak Properties Inc | 0.63 | 1.18 | 0.29 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Ventas Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Ventas inc | Q2 2026 | +21.7 % | +1.1 % |
| Welltower Inc | Q1 2026 | +38.3 % | +192.4 % |
| Digital Realty Trust Inc | Q1 2026 | +16.2 % | +64.3 % |
| W P Carey Inc | Q2 2026 | +7.0 % | +261.8 % |
| Omega Healthcare Investors Inc | Q2 2026 | +16.2 % | +170.3 % |
| Healthpeak Properties Inc | Q1 2026 | +7.1 % | +298.8 % |
| PEERS TOTAL | +12.3 % | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Ventas Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Ventas inc | Q2 2026 | +26.1 % | +393.4 % |
| Welltower Inc | Q1 2026 | +40.7 % | -37.0 % |
| Digital Realty Trust Inc | Q1 2026 | - | +10.5 % |
| W P Carey Inc | Q2 2026 | - | +96.1 % |
| Omega Healthcare Investors Inc | Q2 2026 | - | -78.7 % |
| Healthpeak Properties Inc | Q1 2026 | - | +180.0 % |
Ventas Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Ventas inc | 0.98% | 0.91% | 2.06% |
| Welltower Inc | 2.33% | 2.29% | 3.58% |
| Digital Realty Trust Inc | 2.82% | 1.95% | 5.88% |
| W P Carey Inc | 3.61% | 3.67% | 7.89% |
| Omega Healthcare Investors Inc | 8.76% | 8.79% | 16.44% |
| Healthpeak Properties Inc | 1.23% | 1.14% | 2.95% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Ventas Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Ventas inc | 161.19 | 6.73 |
| Welltower Inc | 115.33 | 14.38 |
| Digital Realty Trust Inc | 44.41 | 9.87 |
| W P Carey Inc | 22.49 | 8.35 |
| Omega Healthcare Investors Inc | 53.66 | 11.52 |
| Healthpeak Properties Inc | 62.07 | 4.86 |
| PEERS AVERAGE | 107.58 | 7.65 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.