The earnings call presented a strong performance for American Healthcare REIT in 2024, with significant growth in key segments such as Trilogy and a substantial reduction in leverage. The company has a positive outlook for 2025, with expectations for continued growth. However, challenges remain in the outpatient medical segment, and there are concerns regarding potential policy changes in healthcare. Despite these challenges, the robust performance and strategic investments position the company well for the coming year.

Company Guidance -

Q3 2025

During the fourth quarter 2024 earnings call, American Healthcare REIT provided guidance for 2025, highlighting anticipated double-digit growth in key financial metrics. The company expects same-store NOI growth between 7% and 10%, with Trilogy and shop segments expected to lead with 10% to 12% and 18% to 22% growth, respectively. They project normalized funds from operations (NFFO) per share to increase to $1.56 to $1.60, reflecting strong operational performance and strategic investments. In 2024, American Healthcare REIT achieved a 17.7% growth in same-store NOI and reduced net debt to adjusted EBITDA from 8.5 times to 4.3 times. The company plans to continue pursuing accretive investments, having allocated over $650 million in 2024 to external growth initiatives, including Trilogy developments, and aims to leverage favorable market conditions and capital structure to capture future opportunities.

Strong Same-Store NOI Growth

Total portfolio same-store NOI grew 21.6% year over year in the fourth quarter, with full year 2024 same-store NOI growth at 17.7% compared to 2023.

Trilogy Segment Performance

Trilogy segment's same-store NOI grew by 28% year over year in Q4 2024, and 23.8% for the full year. This segment is noted for its robust health outcomes and financial results.

Significant Reduction in Leverage

Net debt to adjusted EBITDA decreased from 8.5 times at the end of 2023 to 4.3 times at the end of 2024, enhancing financial flexibility.

Successful Capital Allocation Strategy

Invested over $650 million in external growth in managed long-term care segments in 2024 and announced new investments for 2025, including two new shop assets and several Trilogy development projects.

Positive Outlook for 2025

Guidance for 2025 includes 7% to 10% same-store NOI growth and $1.56 to $1.60 NFFO per share, anticipating double-digit NFFO per share growth.

American Healthcare REIT, Inc. (AHR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AHR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 18, 2025	2025 (Q3)	0.14 / -	-0.03	―	―	―
Aug 07, 2025	2025 (Q2)	0.12 / 0.06	0.01	500.00% (+0.05)	―	―
May 08, 2025	2025 (Q1)	0.05 / -0.04	-0.04	0.00% (0.00)
Feb 27, 2025	2024 (Q4)	0.08 / -0.21	-0.42	50.00% (+0.21)
Nov 12, 2024	2024 (Q3)	>-0.01 / -0.03	-0.09	66.67% (+0.06)
Aug 05, 2024	2024 (Q2)	0.00 / 0.01	―	―
May 13, 2024	2024 (Q1)	-0.35 / -0.04	―	―
Mar 21, 2024	2023 (Q4)	-0.31 / -0.42	―	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AHR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 08, 2025	$31.99	$34.69	+8.44%
Feb 27, 2025	$29.72	$29.34	-1.28%
Nov 12, 2024	$25.29	$26.16	+3.44%
Aug 05, 2024	$15.15	$16.11	+6.34%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does American Healthcare REIT, Inc. (AHR) report earnings?

American Healthcare REIT, Inc. (AHR) is schdueled to report earning on Nov 18, 2025, After Close (Confirmed).

What is American Healthcare REIT, Inc. (AHR) earnings time?

American Healthcare REIT, Inc. (AHR) earnings time is at Nov 18, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is AHR EPS forecast?

AHR EPS forecast for the fiscal quarter 2025 (Q3) is 0.14.

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