Ventas, Inc. (VTR) FCF Payout Ratio: 186.83%
Is Ventas, Inc.’s FCF payout ratio high or low?
Ventas, Inc.'s FCF payout ratio of 186.83% is 154% above its 5-year average of 73.65%, near the high end of its 5-year range (65.33%–186.83%).
175.95% above its 12-month average of 67.70%.
VTR FCF Payout Ratio Chart
VTR Average FCF Payout Ratio Chart
VTR Current vs Average FCF Payout Ratio Chart
VTR FCF Payout Ratio Metrics
FCF PAYOUT RATIO
186.83%
FCF PAYOUT RATIO AVG TTM
67.70%
FCF PAYOUT RATIO AVG 3Y
72.64%
FCF PAYOUT RATIO AVG 5Y
73.65%
FCF PAYOUT RATIO AVG 10Y
76.56%
FCF PAYOUT RATIO AVG 15Y
78.22%
FCF PAYOUT RATIO AVG 20Y
78.06%
CURRENT VS TTM AVG
+175.95%
CURRENT VS 3Y AVG
+157.22%
CURRENT VS 5Y AVG
+153.69%
CURRENT VS 10Y AVG
+144.04%
CURRENT VS 15Y AVG
+138.84%
CURRENT VS 20Y AVG
+139.34%
Payout Ratio Comparison
FCF Payout Ratio
186.8%
Earnings Payout Ratio
356.4%
Dividend Yield
2.34%
FCF Yield
1.17%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.32B | $860.06M | 65.3% |
| 2024 | $1.06B | $740.33M | 70.1% |
| 2023 | $935.13M | $723.56M | 77.4% |
| 2022 | $926.34M | $720.32M | 77.8% |
| 2021 | $858.69M | $686.89M | 80.0% |
| 2020 | $1.30B | $928.81M | 71.3% |
| 2019 | $1.28B | $1.16B | 90.4% |
| 2018 | $1.31B | $1.13B | 86.2% |
| 2017 | $1.30B | $827.28M | 63.5% |
| 2016 | $1.25B | $1.02B | 82.0% |
| 2015 | $1.28B | $1.00B | 78.1% |
| 2014 | $1.06B | $875.61M | 82.6% |
| 2013 | $1.02B | $802.12M | 78.8% |
| 2012 | $809.38M | $728.55M | 90.0% |
| 2011 | $675.13M | $523.60M | 77.6% |
| 2010 | $427.77M | $344.17M | 80.5% |
| 2009 | $408.30M | $324.27M | 79.4% |
| 2008 | $363.55M | $288.85M | 79.5% |
| 2007 | $393.44M | $286.19M | 72.7% |
| 2006 | $0.00M | $160.60M | N/A (Loss) |
| 2005 | $0.00M | $125.84M | N/A (Loss) |
| 2004 | ($173.97M) | $103.52M | N/A (Loss) |
| 2003 | $137.11M | $80.25M | 58.5% |
| 2002 | $116.08M | $50.13M | 43.2% |
| 2001 | $78.78M | $65.27M | 82.9% |
| 2000 | $85.34M | $42.43M | 49.7% |
| 1999 | $103.28M | $26.49M | 25.6% |
| 1998 | $72.18M | $0 | 0.0% |
| 1997 | ($10.74M) | $0 | N/A (Loss) |
| 1996 | $48.51M | $0 | 0.0% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Ventas, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Ventas, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Ventas, Inc. (VTR)?
- The FCF payout ratio for VTR stock is 186.83%.
- Is Ventas, Inc.'s FCF payout ratio high or low?
- Ventas, Inc.'s FCF payout ratio of 186.83% is 154% above its 5-year average of 73.65%, near the high end of its 5-year range (65.33%–186.83%).
- What is the TTM average FCF payout ratio for Ventas, Inc. (VTR)?
- The TTM average FCF payout ratio for VTR stock is 67.70%.
- What is the 3Y average FCF payout ratio for Ventas, Inc. (VTR)?
- The 3Y average FCF payout ratio for VTR stock is 72.64%.
- What is the 5Y average FCF payout ratio for Ventas, Inc. (VTR)?
- The 5Y average FCF payout ratio for VTR stock is 73.65%.
- What is the 10Y average FCF payout ratio for Ventas, Inc. (VTR)?
- The 10Y average FCF payout ratio for VTR stock is 76.56%.
- What is the 15Y average FCF payout ratio for Ventas, Inc. (VTR)?
- The 15Y average FCF payout ratio for VTR stock is 78.22%.
- What is the 20Y average FCF payout ratio for Ventas, Inc. (VTR)?
- The 20Y average FCF payout ratio for VTR stock is 78.06%.
Ventas, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 65.33% |
| 2024-12-31 | 70.08% |
| 2023-12-31 | 77.38% |
| 2022-12-31 | 77.76% |
| 2021-12-31 | 79.99% |
| 2020-12-31 | 71.34% |
| 2019-12-31 | 90.36% |
| 2018-12-31 | 86.23% |
| 2017-12-31 | 63.52% |
| 2016-12-31 | 82.00% |
| 2015-12-31 | 78.13% |
| 2014-12-31 | 82.57% |
| 2013-12-31 | 78.84% |
| 2012-12-31 | 90.01% |
| 2011-12-31 | 77.56% |
| 2010-12-31 | 80.46% |
| 2009-12-31 | 79.42% |
| 2008-12-31 | 79.45% |
| 2007-12-31 | 72.74% |
| 2003-12-31 | 58.53% |
| 2002-12-31 | 43.18% |
| 2001-12-31 | 82.85% |
| 2000-12-31 | 49.72% |
| 1999-12-31 | 25.65% |
About Ventas, Inc.
As an S&P 500 company, Ventas operates strategically at the nexus of the dynamic healthcare and real estate industries. We stand as one of the world's foremost Real Estate Investment Trusts (REITs), utilizing financial capital to unlock property value. Our partnerships extend to leading care providers, developers, research and medical institutions, innovators, and healthcare organizations, all of whom benefit from the significant demographic trend of an aging population. For over two decades, Ventas has pursued a steadfast and effective strategy: maintaining a high-quality, diverse portfolio of assets and varied capital streams to skillfully navigate market fluctuations. A dedicated and experienced team collaborates with industry-leading partners to generate consistent, increasing cash flows and superior returns on a strong balance sheet, ultimately enriching Ventas's shareholders. As of September 30, 2020, Ventas either owned outright or managed through unconsolidated joint ventures approximately 1,200 properties.
- Sector
- Real Estate
- Industry
- REIT - Healthcare Facilities
- CEO
- Debra A. Cafaro