Discounted Cash Flow

Ventas, Inc. REIT

VTR · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2023

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $3.4b $649.2m $1.3b 18.9% $1.88
2017 $3.6b (3.8%) $1.4b (108.9%) $1.3b (4.8%) 38.0% (101.3%) $3.82 (103.2%)
2018 $3.7b (4.8%) $409.5m (-69.8%) $1.2b (-4.6%) 10.9% (-71.2%) $1.15 (-69.9%)
2019 $3.9b (3.4%) $433.0m (5.8%) $1.3b (2.5%) 11.2% (2.3%) $1.18 (2.6%)
2020 $3.8b (-2.0%) $439.1m (1.4%) $842.9m (-34.2%) 11.6% (3.5%) $1.18 (0.0%)
2021 $3.8b (0.9%) $49.0m (-88.8%) $49.0m (-94.2%) 1.3% (-88.9%) $0.13 (-89.0%)
2022 $4.1b (7.9%) $-47.4m (-196.8%) $-47.4m (-196.8%) -1.1% (-189.8%) $-0.12 (-192.3%)
2023 $4.5b (8.9%) $-41.0m (13.6%) $476.9m (1105.1%) -0.9% (20.7%) $-0.10 (16.7%)
2024 $4.9b (9.5%) $81.2m (298.1%) $725.8m (52.2%) 1.6% (280.9%) $0.20 (300.0%)
2025 $5.8b (18.5%) $251.4m (209.8%) $1.0b (38.1%) 4.3% (161.5%) $0.55 (175.0%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

loss_in_2023

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.