American Healthcare REIT annual operating margin
2019
2020
2021
2022
2023
2024
2025
American Healthcare REIT Operating Margin Growth & History (AHR)
American Healthcare REIT's operating margin was 19.82% for fiscal 2025.
View full American Healthcare REIT company overviewAmerican Healthcare REIT annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 19.82% | +0.52 pp |
| 2024 | 2024-12-31 | 19.30% | +0.91 pp |
| 2023 | 2023-12-31 | 18.39% | −3.00 pp |
| 2022 | 2022-12-31 | 21.38% | +2.40 pp |
| 2021 | 2021-12-31 | 18.98% | −1.44 pp |
| 2020 | 2020-12-31 | 20.42% | +0.27 pp |
| 2019 | 2019-12-31 | 20.14% | — |
American Healthcare REIT quarterly operating margin
Q2.16
Q3.16
Q1.17
Q2.17
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 21.63% | +1.04 pp |
| Q1 2026 | 2026-03-31 | 20.58% | +1.57 pp |
| Q4 2025 | 2025-12-31 | 19.78% | −0.17 pp |
| Q3 2025 | 2025-09-30 | 19.89% | +0.27 pp |
| Q2 2025 | 2025-06-30 | 20.59% | +1.23 pp |
| Q1 2025 | 2025-03-31 | 19.01% | +0.84 pp |
| Q4 2024 | 2024-12-31 | 19.95% | +0.45 pp |
| Q3 2024 | 2024-09-30 | 19.62% | +1.58 pp |
| Q2 2024 | 2024-06-30 | 19.36% | −0.21 pp |
| Q1 2024 | 2024-03-31 | 18.18% | +1.81 pp |
| Q4 2023 | 2023-12-31 | 19.51% | +0.22 pp |
| Q3 2023 | 2023-09-30 | 18.04% | −2.01 pp |
| Q2 2023 | 2023-06-30 | 19.57% | −4.21 pp |
| Q1 2023 | 2023-03-31 | 16.37% | −6.73 pp |
| Q4 2022 | 2022-12-31 | 19.28% | −4.52 pp |
| Q3 2022 | 2022-09-30 | 20.04% | +1.75 pp |
| Q2 2022 | 2022-06-30 | 23.78% | +5.85 pp |
| Q1 2022 | 2022-03-31 | 23.10% | +8.05 pp |
| Q4 2021 | 2021-12-31 | 23.80% | +1.37 pp |
| Q3 2021 | 2021-09-30 | 18.29% | +6.67 pp |
| Q2 2021 | 2021-06-30 | 17.93% | +969.33 pp |
| Q1 2021 | 2021-03-31 | 15.05% | +20448.38 pp |
| Q2 2017 | 2017-06-30 | 22.43% | — |
| Q1 2017 | 2017-03-31 | 11.62% | — |
| Q3 2016 | 2016-09-30 | −951.40% | — |
| Q2 2016 | 2016-06-30 | −20,433.33% | — |
American Healthcare REIT operating margin trends
Over the last five reported fiscal years, American Healthcare REIT's operating margin decreased from 20.42% to 19.82%, a change of −0.60 percentage points. The latest reported quarter, Q2 2026, shows 21.63%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review American Healthcare REIT filings at SEC.gov ↗