Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Ventas's operating assets for the quarter that ended in Mar. 2026 was $27,503 Mil. Ventas's operating liabilities for the quarter that ended in Mar. 2026 was $1,778 Mil. Ventas's Total Assets for the quarter that ended in Dec. 2025 was $27,592 Mil. Therefore, Ventas's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.93.
Ventas Scaled Net Operating Assets Related Terms
Ventas Scaled Net Operating Assets Historical Data
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The historical data trend for Ventas's Scaled Net Operating Assets 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.
VTR vs OHI, DOC, AHR: Scaled Net Operating Assets Comparison
For the REIT - Healthcare Facilities subindustry, Ventas's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, Ventas's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Ventas's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.93 mean?
Ventas (VTR) has a Scaled Net Operating Assets of 0.93 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ventas and its competitors.
Is Ventas' Scaled Net Operating Assets too high?
Ventas' current Scaled Net Operating Assets is 0.93. Overall, Ventas has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ventas' Scaled Net Operating Assets compare to OHI and DOC?
Ventas' Scaled Net Operating Assets of 0.93 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a REITs company?
A good Scaled Net Operating Assets depends on the REITs industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ventas and its competitors. Ventas's current Scaled Net Operating Assets is 0.93. 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 (VTR) is currently considered Modestly Overvalued. The stock's GF Value™ is $69.98, compared to a current price of $87.48 — trading 25% above its estimated fair value. The current Scaled Net Operating Assets is 0.93. Ventas' overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Ventas (VTR), the current Scaled Net Operating Assets is 0.93 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 (VTR) Overvalued in 2026?
Based on GuruFocus' analysis, Ventas stock appears to be overvalued.
The current stock price of $87.48 is trading 25% above its estimated GF Value™ of $69.98.
GuruFocus considers Ventas to be Modestly Overvalued.
Key valuation signals for VTR:
Scaled Net Operating Assets: 0.93
GF Value™: $69.98 vs. price of $87.48 (25% above fair value)
No single metric tells the full story. See the VTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
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