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American Healthcare REIT, Inc.

AHRReal EstateNASDAQ

REIT - Healthcare Facilities · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$2.26B
+9.1% YoY
Net Income
$69.8M
+284.6% YoY
EBITDA
$359.6M
+14.0% YoY
Free Cash Flow
$358.5M

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About American Healthcare REIT, Inc.

Headquartered within the real estate sector, American Healthcare REIT, Inc. focuses on REIT - Healthcare Facilities services and products. American Healthcare REIT, Inc., a Maryland-based self-managed REIT, owns and operates a diversified portfolio of clinical healthcare real estate across the U.S., U.K., and the Isle of Man. Valued at $8.94B, AHR is a mid-cap name in its sector. Its focus includes senior housing, skilled nursing facilities (SNFs), outpatient medical (OM) buildings, and other healthcare-related properties.

Key stats
Market Cap$8.94B
P/E (TTM)78.61
Fwd P/E53.93
EPS$0.59
Beta0.94
52W Change+33.9%
Dividend Yield2.16%
ROE3.5%
Analysis

The company holds $120.0M in cash, though total debt stands at $1.68B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $358.5M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 3.5%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.1% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $1.62B (2022) to $2.26B (2025), reflecting a 40% increase over the period.

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. At over 50x earnings, AHR carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence American Healthcare REIT, Inc.'s trajectory.

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