Ventas (FRA:VEN) Operating Margin %: 12.58% (As of Mar. 2026) — 17% Below Median


FRA:VEN Ventas Inc FRA:VEN
78 GF Score
Price €74.38
GF Value €60.97
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Ventas Operating Margin %?

Ventas FRA:VEN +5.09% 78 Operating Margin % is 12.58% as of Mar. 2026, which is 17% below its 10-year median of 15.14. GuruFocus rates FRA:VEN with a GF Score™ of 78/100 and a GF Value™ of €60.97 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 750 REITs companies, Ventas ranks worse than 85.47% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ventas's Operating Income for the three months ended in Mar. 2026 was €180 Mil. Ventas's Revenue for the three months ended in Mar. 2026 was €1,433 Mil. Therefore, Ventas's Operating Margin % for the quarter that ended in Mar. 2026 was 12.58%.

Good Sign:

Ventas Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Ventas's Operating Margin % or its related term are showing as below:

FRA:VEN' s Operating Margin % Range Over the Past 10 Years
Min: 9.24   Med: 15.14   Max: 29.78
Current: 14.16


FRA:VEN's Operating Margin % is ranked worse than
85.47% of 750 companies
in the REITs industry
Industry Median: 52.67 vs FRA:VEN: 14.16

Ventas's 5-Year Average Operating Margin % Growth Rate was 0.50% per year.

Ventas's Operating Income for the three months ended in Mar. 2026 was €180 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €746 Mil.


Ventas  (FRA:VEN) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Ventas Operating Margin % Related Terms


Ventas Operating Margin % Historical Data

* Premium members only.

The historical data trend for Ventas's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ventas Operating Margin % Chart

Ventas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.01 11.72 9.24 13.83 14.70

Ventas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.56 14.32 14.88 15.00 12.58

FRA:VEN vs OHI, DOC, AHR: Operating Margin % Comparison

For the REIT - Healthcare Facilities subindustry, Ventas's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ventas Operating Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Ventas's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Ventas's Operating Margin % falls into.


FRA:VEN
78GF Score
Ventas Inc FRA:VEN
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ventas Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Ventas's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=732.325 / 4982.219
=14.70 %

Ventas's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=180.234 / 1433.257
=12.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 12.58% mean?
Ventas (FRA:VEN) has a Operating Margin % of 12.58% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Ventas and its competitors. This is 17% below median its historical median of 15.14. Over the past decade, Ventas' Operating Margin % has ranged from 9.24 to 29.78. According to the industry distribution chart, Ventas ranks #641 out of 750 companies in the REITs industry, placing it in the top 85.5%.
Is Ventas' Operating Margin % too high?
Ventas' current Operating Margin % of 12.58% is 17% below median its 10-year median of 15.14. Over the past 10 years, this metric has ranged from a low of 9.24 to a high of 29.78. The REITs industry median Operating Margin % is 52.67. Ventas' value of 12.58% is 76.1% below this industry median. Based on the distribution chart, Ventas ranks #641 out of 750 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ventas has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ventas' Operating Margin % compare to OHI and DOC?
According to the REITs industry distribution chart, Ventas ranks #641 out of 750 companies for Operating Margin %. This places Ventas in the lower half of its industry. The industry median Operating Margin % is 52.67. Ventas' value of 12.58% is 76.1% below this benchmark. Historically, Ventas' own Operating Margin % has ranged from 9.24 to 29.78 over the past decade. While the company's 10-year median is 15.14 vs. the industry median of 52.67, Ventas has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.67, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ventas's current Operating Margin % of 12.58% is 76.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Ventas and its competitors. For the REITs industry, the median Operating Margin % is 52.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ventas's current Operating Margin % is 12.58%, which is 17% below median its own 10-year median of 15.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ventas stock overvalued right now?
Based on GuruFocus' analysis, Ventas (FRA:VEN) is currently considered Modestly Overvalued. The stock's GF Value™ is €60.97, compared to a current price of €74.38 — trading 22% above its estimated fair value. The current Operating Margin % is 12.58%, which is 17% below median its 10-year median of 15.14 and 76.1% below the REITs industry median of 52.67. Ventas' overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Ventas (FRA:VEN), the current Operating Margin % is 12.58% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ventas (FRA:VEN) Overvalued in 2026?

Based on GuruFocus' analysis, Ventas stock appears to be overvalued. The current stock price of €74.38 is trading 22% above its estimated GF Value™ of €60.97. GuruFocus considers Ventas to be Modestly Overvalued.

Key valuation signals for FRA:VEN:

  • Operating Margin %: 12.58% (17% below median its 10-year median of 15.14)
  • GF Value™: €60.97 vs. price of €74.38 (22% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 76.1% below the REITs median (#641 of 750)

No single metric tells the full story. See the FRA:VEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ventas Business Description

Industry Real EstateREITs
Address 300 North LaSalle Street, Suite 1600, Chicago, IL, USA, 60654
Ventas owns a diversified healthcare portfolio of almost 1,400 in-place properties spread across the senior housing, medical office, hospital, life science, and skilled nursing/post-acute care. The portfolio includes almost 100 properties in Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to the United States. The firm also owns mortgages and other loans, contributing about 1% of net operating income.
78GF Score

Get the complete analysis for FRA:VEN

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€74.38
Price
€60.97
GF Value