Company facts
- Industry
- Real Estate Investment Trusts
- Headquarters
- Chicago, Illinois
- Most recent report
- 10-Q, filed Oct 28, 2026
- Incorporated
- Delaware
- Filings on record
- 1,002+ filings
- On EDGAR
- CIK 740260
- Fiscal year ends
- December
- Filer status
- Large accelerated filer
Financials 8 of 31
News 8 of 83
Prospectuses and Registrations 8 of 42
- 424B2 Prospectus supplement for an offering Nov 6, 2026
- FWP Free writing prospectus Nov 5, 2026
- 424B5 Prospectus supplement for an offering Nov 5, 2026
- 424B5 Prospectus supplement for an offering May 15, 2026
- 424B5 Prospectus supplement for an offering Feb 9, 2026
- 424B2 Prospectus supplement for an offering Dec 3, 2025
- FWP Free writing prospectus Dec 2, 2025
- 424B5 Prospectus supplement for an offering Dec 2, 2025
Proxies 8 of 33
- DEFA14A Extra proxy material Apr 1, 2026
- DEF 14A Proxy statement for a shareholder vote Apr 1, 2026
- DEFA14A Extra proxy material Apr 16, 2025
- DEFA14A Extra proxy material Apr 1, 2025
- DEF 14A Proxy statement for a shareholder vote Apr 1, 2025
- PRE 14A Preliminary proxy statement Mar 19, 2025
- DEFA14A Extra proxy material Apr 2, 2024
- DEF 14A Proxy statement for a shareholder vote Apr 2, 2024
Ownership 8 of 782
- 4 Insider reported a trade Oct 30, 2026
- 4 Insider reported a trade Oct 30, 2026
- 4 Insider reported a trade Oct 15, 2026
- 4 Insider reported a trade Oct 15, 2026
- 4 Insider reported a trade Oct 15, 2026
- 4 Insider reported a trade Oct 15, 2026
- 4 Insider reported a trade Oct 15, 2026
- 4 Insider reported a trade Oct 15, 2026
Other 8 of 31
What to read: Sep 2026 10-Q
SECSift found 3 of 13 sections worth reading, with 0 positive, 10 notable, and 2 negative flags.
Financial Statements (Item 1)
Large equity raise, big SHOP acquisition, impairment spike, and debt maturity wall all need attention.NotableManagement's Discussion (Item 2)
Large SHOP acquisition, NNN decline, debt paydown, and ATM equity raise all need attention.Notable- Extended Kindred lease to 2039 at same rent and 2.75% annual escalator; originated $300M loan to Scion at 10.7%.
- Total debt fell from $13.0B at Dec 2025 to $12.4B at Sep 2026, helped by $1.25B term loan refinancing.
- Raised $3.9B net from ATM equity forward sales in the nine months ended September 30, 2026, diluting shareholders.
Market Risk (Item 3)
Variable-rate debt jumped to 12.9% of total; a 100bp hike costs $16.1M annually.Notable- Interest rate swaps convert $74.4M notional fixed to variable and $535M notional variable to fixed, with maturities through 2031.
- Fixed-rate debt fell to $10.90B from $11.96B at year-end 2025, mainly from repaying senior notes.
- A 100bp rate hike would add $16.1M annual interest, or $0.03 per diluted share, based on $1.6B variable debt.
- Unconsolidated debt (Ventas's share) was $761.8M at Q3 2026, up from $732.5M at year-end 2025.
- Foreign exchange risk is small: a one-standard-deviation move in GBP/CAD would change Net Income and Normalized FFO by less than $0.01 per share.
What changed: Sep 2026 vs. Jun 2026
About 6% of VTR's Sep 2026 10-Q is new information. 24 paragraphs were added, 202 changed, and 28 removed. Below are the most important lines SECSift identified.
Changed
- Average price per share rose to $91.78 from $84.97 in the prior quarter.
- July repurchased 150 shares at $92.53; prior quarter April had 43,333 at $83.27.
- September repurchased 75 shares at $90.27; prior quarter June had 51 at $82.02.
- Commercial paper notes dropped to $17 million from $265 million as of September 30, 2026 vs June 30, 2026.
- Commercial paper notes fell to $17,000 from $265,000 as of June 30, 2026.
- Fair value of fixed rate debt fell to $10,397,717 thousand from $10,674,965 thousand as of September 30, 2026 vs June 30, 2026.
- Resident fees and services for Q3 2026 rose to $1,450,802 from $1,363,498 in Q2 2026.
- SHOP NOI for Q3 2026 rose to $429,970 from $403,499 in Q2 2026.
- SHOP NOI rose to $1,207,927 for nine months ended Sep 30, 2026 from $853,212 for same period in 2025.
- Secured loans receivable and investments, net rose to $442,287 from $436,401 as of June 30, 2026.
- Total NOI for nine months ended Sep 30, 2026 was $2,059,760, up from $1,336,286 for six months ended Jun 30, 2026.
- Total assets rose to $30,625,382 from $29,655,896 as of June 30, 2026.
- Total debt decreased to $12,511,800 thousand from $12,768,110 thousand as of September 30, 2026 vs June 30, 2026.
- Total variable rate debt fell to $1,613,517 thousand from $1,930,266 thousand as of September 30, 2026 vs June 30, 2026.
- SHOP segment properties increased to 848 at Sep 30, 2026 from 813 at Jun 30, 2026.
- Segment Properties total rose to 1,454 at Sep 30, 2026 from 1,420 at Jun 30, 2026.
- Total shares repurchased dropped to 225 from 73,609 in the prior quarter.
- Exhibit 101 now references the quarter ended September 30, 2026, instead of June 30, 2026.
Everything here comes from Ventas, Inc.'s own filings on SEC EDGAR. The filing list is rechecked every hour. SECSift analysis was completed on Oct 29, 2026, from the 10-Q for Sep 2026.