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Ventas — Jul 29, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000740260-26-000022
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Showing in the filing
Normalized FFO Per Share Midpoint*
“$3.88”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 14
Investment volume expectations for 2026 for FY2026
“$4.5 billion”
Attributable Net Income Per Share Range for FY2026
“$0.58” – “$0.63”
Attributable Net Income Per Share Midpoint for FY2026
“$0.61”
Nareit FFO Per Share Range for FY2026
“$3.76” – “$3.81”
Nareit FFO Per Share Midpoint* for FY2026
“$3.79”
Normalized FFO Per Share Range for FY2026
“$3.85” – “$3.90”
Normalized FFO Per Share Midpoint* for FY2026
“$3.88”
% Year-over-year growth (Normalized FFO) for FY2026
“8% 10%”
Weighted average diluted shares (in millions) for FY2026
“506”
Disposition and loan repayment proceeds for FY2026
“~$700 million at a ~7% blended yield”
Interest expense for FY2026
“~$646 million at midpoint”
Interest and other income for FY2026
“~$8 million at midpoint”
Weighted average diluted share count for FY2026
“506 million”
FAD capital expenditures for FY2026
“~$400 million at midpoint”
Exhibit 99.1 · the passage around this item
… earlier in the release
Ventas expects to report 2026 per share Attributable Net Income, Nareit FFO and Normalized FFO within the following ranges: As of 4/27/26 As of 7/29/26 Attributable Net Income Per Share Range $0.56 - $0.63 $0.58 - $0.63 Attributable Net Income Per Share Midpoint $0.60 $0.61 Nareit FFO Per Share Range* $3.69 - $3.76 $3.76 - $3.81 Nareit FFO Per Share Midpoint* $3.73 $3.79 Normalized FFO Per Share Range* $3.82 - $3.89 $3.85 - $3.90 Normalized FFO Per Share Midpoint* $3.86 $3.88 Full Year 2026 Guidance Commentary Update The increase in the Company’s guidance is primarily the result of increased accretive senior housing investment activity. Certain additional assumptions are set forth in the appendix. Investor Presentation An Earnings Presentation is posted to the Events & Presentations section of Ventas’s website at ir.ventasreit.com/events-and-presentations. Additional information regarding the Company can be found in its Supplemental posted at ir.ventasreit.com. The information contained on, or that may be accessed through, the Company’s website, including the information contained in the aforementioned Earnings Presentation and Supplemental, is not incorporated by reference into, and is not part of, this document. Second Quarter 2026 Results Conference Call Ventas will hold a conference call to discuss this earnings release on Thursday, July 30, 2026 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). The dial-in number for the conference call is (888) 330-3576 (or +1 (646) 960-0672 for international callers), and the participant passcode is 7655497. A live webcast can be accessed from the Investor Relations section of www.ventasreit.com. A telephonic
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.