Ventas
Ventas returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
ROCE
% · Annual / TTM
Operating income is unavailable in the extracted statements for this period.
ROIIC
% · Annual / TTM
NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | — | — | 2.01% | 0.97% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | — | — | 2.12% | 1.01% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | — | — | 2.16% | 0.97% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | — | — | 2.15% | 0.95% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | — | — | 1.81% | 0.78% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | — | — | 1.36% | 0.59% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | — | — | 0.8% | 0.35% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | — | — | -0.68% | -0.22% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | — | — | -1.6% | -0.59% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | — | — | -0.75% | -0.25% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | — | — | -0.42% | -0.12% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | — | — | 0.05% | 0.04% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | — | — | 0.75% | 0.34% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | — | — | -0.66% | -0.26% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | — | — | -0.45% | -0.17% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | — | — | -0.4% | -0.15% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | — | — | 0.16% | 0.1% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | — | — | 1.4% | 0.63% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | — | — | 0.47% | 0.23% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | — | — | 1.88% | 0.84% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | — | — | 1.51% | 0.66% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | — | — | -0.89% | -0.35% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | — | — | 4.26% | 1.81% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | — | — | 3.26% | 1.4% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | — | — | 3.91% | 1.75% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | — | — | 7.51% | 3.19% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | — | — | 4.19% | 1.86% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | — | — | 4.58% | 2.07% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | — | — | 4.67% | 2.22% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | — | — | 4.37% | 2.01% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | — | — | 3.88% | 1.79% | — |
| FY 2018 Q3 | Sep 30, 2018 | — | — | — | 6.98% | 3.22% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | 11.93% | 5.41% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | — | — | 11.69% | 5.24% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | — | — | 12.72% | 5.78% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | — | — | 11.04% | 4.99% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | — | — | 7.05% | 3.1% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | — | — | 6.97% | 3.04% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | — | — | 6.48% | 2.87% | — |
| FY 2016 Q3 | Sep 30, 2016 | — | — | — | 5.64% | 2.48% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | — | — | 4.24% | 1.9% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | — | — | 4.32% | 1.92% | — |
| FY 2015 Q4 | Dec 31, 2015 | — | — | — | 4.58% | 1.93% | — |
| FY 2015 Q3 | Sep 30, 2015 | — | — | — | 4.41% | 1.87% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | — | — | 4.94% | 2.22% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | — | — | 4.81% | 2.16% | — |
| FY 2014 Q4 | Dec 31, 2014 | — | — | — | 5.44% | 2.33% | — |
| FY 2014 Q3 | Sep 30, 2014 | — | — | — | 5.47% | 2.36% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | — | — | 5.53% | 2.52% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | — | — | 5.24% | 2.41% | — |
| FY 2013 Q4 | Dec 31, 2013 | — | — | — | 5.08% | 2.35% | — |
| FY 2013 Q3 | Sep 30, 2013 | — | — | — | 4.73% | 2.26% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | — | — | 4.63% | 2.3% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | — | — | 4.25% | 2.14% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | — | — | 3.97% | 2% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | — | — | 5.05% | — | — |
| FY 2012 Q2 | Jun 30, 2012 | — | — | — | 6.91% | — | — |
| FY 2012 Q1 | Mar 31, 2012 | — | — | — | 6.87% | — | — |
| FY 2011 Q4 | Dec 31, 2011 | — | — | — | 6.25% | 3.15% | — |
| FY 2011 Q3 | Sep 30, 2011 | — | — | — | 4.28% | 2.17% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | — | — | 6.45% | 2.7% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | — | — | 9.53% | 4.28% | — |
| FY 2010 Q4 | Dec 31, 2010 | — | — | — | 10.15% | 4.33% | — |
| FY 2010 Q3 | Sep 30, 2010 | — | — | — | 9.11% | 3.91% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | — | — | 8.74% | 3.89% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · VTR, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.