Ventas annual net debt
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2024
2025
Ventas Net Debt Growth & History (VTR)
Ventas's net debt was $12.48B for fiscal 2025.
View full Ventas company overviewVentas annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $12.48B | −$364.2M | −2.84% |
| 2024 | 2024-12-31 | $12.84B | −$334.1M | −2.54% |
| 2023 | 2023-12-31 | $13.18B | $812.2M | +6.57% |
| 2022 | 2022-12-31 | $12.36B | $289.6M | +2.40% |
| 2021 | 2021-12-31 | $12.08B | $383.1M | +3.28% |
| 2020 | 2020-12-31 | $11.69B | −$611.6M | −4.97% |
| 2019 | 2019-12-31 | $12.30B | $1.64B | +15.40% |
| 2018 | 2018-12-31 | $10.66B | −$533.3M | −4.76% |
| 2017 | 2017-12-31 | $11.19B | $354.1M | +3.27% |
| 2016 | 2016-12-31 | $10.84B | −$313.4M | −2.81% |
| 2015 | 2015-12-31 | $11.15B | $365.0M | +3.38% |
| 2014 | 2014-12-31 | $10.79B | $1.52B | +16.38% |
| 2013 | 2013-12-31 | $9.27B | $782.0M | +9.21% |
| 2012 | 2012-12-31 | $8.49B | $1.96B | +30.06% |
| 2011 | 2011-12-31 | $6.53B | $6.35B | +3562.60% |
| 2010 | 2010-12-31 | $178.2M | $285.6M | — |
| 2009 | 2009-12-31 | −$107.4M | −$3.14B | — |
| 2008 | 2008-12-31 | $3.03B | — | — |
Ventas quarterly net debt
Q4.08
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
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Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
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Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
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Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
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Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $12.72B | $60.5M | +0.48% |
| Q1 2026 | 2026-03-31 | $12.54B | −$196.6M | −1.54% |
| Q4 2025 | 2025-12-31 | $12.48B | −$364.2M | −2.84% |
| Q3 2025 | 2025-09-30 | $12.60B | −$180.5M | −1.41% |
| Q2 2025 | 2025-06-30 | $12.66B | −$171.6M | −1.34% |
| Q1 2025 | 2025-03-31 | $12.74B | −$385.8M | −2.94% |
| Q4 2024 | 2024-12-31 | $12.84B | −$334.1M | −2.54% |
| Q3 2024 | 2024-09-30 | $12.78B | −$372.6M | −2.83% |
| Q2 2024 | 2024-06-30 | $12.83B | −$586.0M | −4.37% |
| Q1 2024 | 2024-03-31 | $13.12B | $737.9M | +5.96% |
| Q4 2023 | 2023-12-31 | $13.18B | $812.2M | +6.57% |
| Q3 2023 | 2023-09-30 | $13.15B | $894.5M | +7.30% |
| Q2 2023 | 2023-06-30 | $13.42B | $1.02B | +8.24% |
| Q1 2023 | 2023-03-31 | $12.39B | −$72.8M | −0.58% |
| Q4 2022 | 2022-12-31 | $12.36B | $289.6M | +2.40% |
| Q3 2022 | 2022-09-30 | $12.26B | $123.1M | +1.01% |
| Q2 2022 | 2022-06-30 | $12.40B | $662.1M | +5.64% |
| Q1 2022 | 2022-03-31 | $12.46B | $663.7M | +5.63% |
| Q4 2021 | 2021-12-31 | $12.08B | $383.1M | +3.28% |
| Q3 2021 | 2021-09-30 | $12.13B | $427.8M | +3.65% |
| Q2 2021 | 2021-06-30 | $11.73B | −$52.9M | −0.45% |
| Q1 2021 | 2021-03-31 | $11.80B | $221.5M | +1.91% |
| Q4 2020 | 2020-12-31 | $11.69B | −$611.6M | −4.97% |
| Q3 2020 | 2020-09-30 | $11.71B | −$447.5M | −3.68% |
| Q2 2020 | 2020-06-30 | $11.79B | $11.36B | +2694.44% |
| Q1 2020 | 2020-03-31 | $11.57B | $11.25B | +3444.68% |
| Q4 2019 | 2019-12-31 | $12.30B | $1.64B | +15.40% |
| Q3 2019 | 2019-09-30 | $12.15B | $1.76B | +16.95% |
| Q2 2019 | 2019-06-30 | $421.8M | −$9.89B | −95.91% |
| Q1 2019 | 2019-03-31 | $326.5M | −$10.62B | −97.02% |
| Q4 2018 | 2018-12-31 | $10.66B | −$533.3M | −4.76% |
| Q3 2018 | 2018-09-30 | $10.39B | −$946.7M | −8.35% |
| Q2 2018 | 2018-06-30 | $10.31B | −$1.50B | −12.67% |
| Q1 2018 | 2018-03-31 | $10.95B | −$905.2M | −7.64% |
| Q4 2017 | 2017-12-31 | $11.19B | $354.1M | +3.27% |
| Q3 2017 | 2017-09-30 | $11.34B | $176.0M | +1.58% |
| Q2 2017 | 2017-06-30 | $11.80B | $960.8M | +8.86% |
| Q1 2017 | 2017-03-31 | $11.85B | $656.4M | +5.86% |
| Q4 2016 | 2016-12-31 | $10.84B | −$313.4M | −2.81% |
| Q3 2016 | 2016-09-30 | $11.16B | −$40.3M | −0.36% |
| Q2 2016 | 2016-06-30 | $10.84B | −$603.5M | −5.27% |
| Q1 2016 | 2016-03-31 | $11.20B | −$287.7M | −2.51% |
| Q4 2015 | 2015-12-31 | $11.15B | $365.0M | +3.38% |
| Q3 2015 | 2015-09-30 | $11.20B | $798.8M | +7.68% |
| Q2 2015 | 2015-06-30 | $11.45B | $1.93B | +20.30% |
| Q1 2015 | 2015-03-31 | $11.48B | $2.06B | +21.89% |
| Q4 2014 | 2014-12-31 | $10.79B | $1.52B | +16.38% |
| Q3 2014 | 2014-09-30 | $10.40B | $1.05B | +11.18% |
| Q2 2014 | 2014-06-30 | $9.52B | $1.15B | +13.75% |
| Q1 2014 | 2014-03-31 | $9.42B | $1.18B | +14.36% |
| Q4 2013 | 2013-12-31 | $9.27B | $782.0M | +9.21% |
| Q3 2013 | 2013-09-30 | $9.36B | $1.78B | +23.48% |
| Q2 2013 | 2013-06-30 | $8.37B | $1.08B | +14.77% |
| Q1 2013 | 2013-03-31 | $8.24B | $1.72B | +26.35% |
| Q4 2012 | 2012-12-31 | $8.49B | $1.96B | +30.06% |
| Q3 2012 | 2012-09-30 | $7.58B | $1.18B | +18.44% |
| Q2 2012 | 2012-06-30 | $7.29B | $6.76B | +1277.59% |
| Q1 2012 | 2012-03-31 | $6.52B | $6.36B | +4023.94% |
| Q4 2011 | 2011-12-31 | $6.53B | $6.35B | +3562.60% |
| Q3 2011 | 2011-09-30 | $6.40B | $6.23B | +3749.82% |
| Q2 2011 | 2011-06-30 | $529.1M | −$2.02B | −79.28% |
| Q1 2011 | 2011-03-31 | $158.1M | −$2.41B | −93.84% |
| Q4 2010 | 2010-12-31 | $178.2M | $285.6M | — |
| Q3 2010 | 2010-09-30 | $166.2M | −$2.38B | −93.47% |
| Q2 2010 | 2010-06-30 | $2.55B | −$16.7M | −0.65% |
| Q1 2010 | 2010-03-31 | $2.57B | — | — |
| Q4 2009 | 2009-12-31 | −$107.4M | −$3.07B | — |
| Q3 2009 | 2009-09-30 | $2.54B | — | — |
| Q2 2009 | 2009-06-30 | $2.57B | — | — |
| Q4 2008 | 2008-12-31 | $2.96B | — | — |
Ventas net debt trends
Over the last five fiscal years, Ventas's net debt increased from $11.69B to $12.48B, a change of $786.5M. The latest reported quarter, Q2 2026, shows $12.72B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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