HighGravityDataVentas — Oct 29, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000740260-25-000274
Showing in the filing
Senior housing investment volume expectations for 2025
“$2.5 billion”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 14
Senior housing investment volume expectation… for FY2025
“$2.5 billion”
Attributable Net Income Per Share Range for FY2025
“$0.49” – “$0.52”
Attributable Net Income Per Share Midpoint for FY2025
“$0.51”
Nareit FFO Per Share Range* for FY2025
“$3.43” – “$3.46”
Nareit FFO Per Share Midpoint* for FY2025
“$3.45”
Normalized FFO Per Share Range* for FY2025
“$3.45” – “$3.48”
Normalized FFO Per Share Midpoint* for FY2025
“$3.47”
Weighted average diluted shares (in millions) for FY2025
“462”
General and administrative expenses for FY2025
“~$178 million at midpoint”
Interest expense for FY2025
“~$615 million at midpoint”
Interest and other income for FY2025
“~$15 million at midpoint”
Weighted average diluted share count for FY2025
“462 million”
Disposition proceeds for FY2025
“~$250 million”
FAD capital expenditures for FY2025
“~$285 million at midpoint”
Exhibit 99.1 · the passage around this item
… earlier in the release
The Company expects these investments to increase its growth rate on a multiyear basis and generate attractive financial returns. The Company is increasing its senior housing investment volume expectations for 2025 to $2.5 billion, up from the prior guidance of $2.0 billion. Financial Strength and Flexibility The Company’s Net Debt-to-Further Adjusted EBITDA* strengthened to 5.3x as of the end of the third quarter driven by SHOP NOI growth and equity-funded senior housing investments, representing an improvement of 1.0x compared to the third quarter of 2024. As of September 30, 2025, the Company had $4.1 billion in liquidity, supporting Ventas’s growth and financial flexibility. Liquidity includes availability under its unsecured revolving credit facility, cash and cash equivalents and unsettled equity forward sales agreements outstanding. - MORE - Ventas Reports 2025 Third Quarter Results October 29, 2025 Page 3 Increased Full Year 2025 Guidance The Company is increasing its guidance for the full year. The Company’s 2025 guidance contains forward-looking statements and is based on a number of assumptions, including those identified later in this press release; actual results may differ materially. Ventas expects to report 2025 per share Attributable Net Income to common stockholders, Nareit FFO and Normalized FFO within the following ranges: As of 7/30/25 As of 10/29/2025 Attributable Net Income Per Share
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.