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Ventas — Feb 5, 2026 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000740260-26-000003
Open on SEC.gov ↗
Showing in the filing
Quarterly dividend increase
“8% increase”
Period
Q1 FY2026
Measure
Declared action
Source
Prose
All guidance in this release · 20
Quarterly dividend per common share for Q1 FY2026
“$0.52”
Attributable Net Income Per Share Range for FY2026
“$0.52” – “$0.62”
Quarterly dividend for FY2026
“$0.52 per share”
Quarterly dividend increase for Q1 FY2026
“8% increase”
Attributable Net Income Per Share Midpoint for FY2026
“$0.57”
Nareit FFO Per Share Range for FY2026
“$3.63” – “$3.73”
Nareit FFO Per Share Midpoint* for FY2026
“$3.68”
Normalized FFO Per Share Range for FY2026
“$3.78” – “$3.88”
Normalized FFO Per Share Midpoint* for FY2026
“$3.83†”
SHOP segment NOI growth for FY2026
“significant NOI growth”
For 2026 Attributable Net Income per share for FY2026
“$0.57”
For 2026 Normalized FFO per share for FY2026
“$3.83”
Investments focused on senior housing includ… for FY2026
“approximately $2.5 billion”
Weighted average diluted shares (in millions) for FY2026
“503”
Disposition proceeds ( assumption) for FY2026
“~$300 million”
Interest expense ( assumption) for FY2026
“~$636M at midpoint”
Interest and other income ( assumption) for FY2026
“~$8M at midpoint”
Weighted average diluted share count ( assum… for FY2026
“503 million”
FAD capital expenditures ( assumption) for FY2026
“~$400M at midpoint”
Non-cash stock-based compensation expense im… for FY2026
“$0.08 per share for the full year”
Exhibit 99.1 · the passage around this item
… earlier in the release
with growth of more than 18% • The Company closed $2.5 billion of senior housing investments in 2025 with attractive growth and financial return expectations • During 2025, the Company raised $3.2 billion of equity and currently has $1.2 billion of unsettled equity forward sales agreements outstanding Ventas Declares Quarterly Dividend of $0.52 Per Common Share, Representing 8% Increase The Company’s Board of Directors has declared a quarterly dividend of $0.52 per share, representing an 8% increase, on the strength of the Company’s expected cash flow growth and its positive outlook. The dividend will be payable in cash on April 16, 2026 to stockholders of record on March 31, 2026. - MORE - Ventas Reports 2025 Fourth Quarter and Full Year Results February 5, 2026 Page 3 Senior Housing Investments Year to Date Ventas has closed over $0.8 billion of senior housing investments year to date 2026. These investments follow the Company’s Right Market, Right Asset, Right Operator TM framework and are expected to enhance enterprise growth and generate attractive financial returns. The Company’s senior housing investment momentum and pipeline remain strong. The year-to-date 2026 investments include relationship-driven transactions with existing and new SHOP operators. Full Year 2026 Guidance The Company’s 2026 guidance contains forward-looking statements and is based on a number of assumptions; actual results may differ materially. Ventas expects to report 2026 per share Attributable Net Income, Nareit FFO and Normalized FFO within the following ranges: 2026 Guidance As of 2/5/2026 2025 Result $ Change % Change Attributable Net Income Per Share Range $0.52 - $0.62 Attributable Net Inco
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.