Company Analysis

American Healthcare REIT, Inc. (AHR)

NYSE: AHR · Real Estate Investment Trusts · Irvine, CA · filing with the SEC since 2015
Grade5.3
◀ Past 5.3● Present 4.6▶ Future 6.5
1 est.

The grade of American Healthcare REIT, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.3/10
◀ Past5.325% of the headline
● Present4.645% of the headline
▶ Future6.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.3/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 70th percentile among 174 sector filers · read for itself

From the record

American Healthcare REIT, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.7/10

What has it actually done, year after year?

10 filed years; profitable in 3 of 10.

weight 33% of this tense · 47th percentile among 156 sector filers · read for its customers

From the record

American Healthcare REIT, Inc.'s 10 filed years say what it did: it rose in 7 of 8 years; the deepest fall was 3% from fiscal 2019 to fiscal 2020; net income was positive in 3 of 10 of those years (its annual reports).

What it rests on

  • the share of years revenue rosetop 38% of its family
  • the share of filed years with a profitbottom 10% of its family
  • the deepest fall from a revenue peak2.7%top 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.5/10

How has it treated the people who own it?

Share count grew 36.3% a year. 63% of cash flow returned. Insiders: 10 sales, 0 purchases.

weight 22% of this tense · 24th percentile among 156 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, American Healthcare REIT, Inc.'s diluted share count grew about 36.3% a year, and dividends and buybacks returned about 63% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 10 sales (3 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-10 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 4% of its family
  • cash returned against operating cash flowbottom 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.6/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
3.7/10

Is it financially healthy right now?

ROE 2%: 2¢ of profit per shareholder dollar. Leverage 38%: owes 38¢ per asset dollar.

weight 45% of this tense · 37th percentile among 171 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, American Healthcare REIT, Inc. earned about 2 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 6 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 38 cents per dollar of assets, and net share issuance: its share count grew 27.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 11% of its family
  • return on equitybottom 38% of its family
  • gross profit against assetsbottom 15% of its family
  • the share count against the year beforebottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.5/10

How strong is its position in its industry?

top 35% of 157 in its family; net margin 3.3%.

weight 33% of this tense · 65th percentile among 157 sector filers · read for its customers

From the record

American Healthcare REIT, Inc.'s standing among 157 graded names in its industry family: revenue of $2.1 billion in fiscal 2025 ranks in the top 19% by size; a net margin of 3.3% ranks in the bottom 33%; revenue growth of 14% a year over the last 3 filed years ranks in the top 19% (its annual reports).

What it rests on

  • revenue against the family$2.09Btop 19% of its family
  • net margin3.3%bottom 33% of its family
  • three-year revenue growth14.0%top 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.5/10

What are the people in charge doing?

bottom 35% of 160 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 35th percentile among 160 sector filers · read for its shareholders

From the record

American Healthcare REIT, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Hanson, Jeffrey T (Chief Executive Officer, as filed), filing under that title since 2026-03-30, 7 months (bottom 3% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 9.5 years (top 31%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 34%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 13 peoplebottom 34% of its family
  • the median years the people in charge have filed9.5 yearstop 31% of its family
  • the chief executive's years on the record7 monthsbottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.5/1030% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

as filed
3.9/10

How much room does it have to grow?

bottom 39% of 146 in its family for room to expand.

weight 22% of this tense · 39th percentile among 146 sector filers · read for itself

From the record

American Healthcare REIT, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $152 million against no long-term debt tagged leaves 2.8% of its assets as net cash, top 14% of its family; cash from operations less capital spending is 14.1% of revenue (bottom 26%); a gross margin of 14.4% (bottom 7%) (its annual report).

What it rests on

  • cash less debt against assets2.8%top 14% of its family
  • cash from operations less capital spending against revenue14.1%bottom 26% of its family
  • gross margin14.4%bottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

SI estimate
8.0/10

What could actually drive growth from here?

SI estimate 8.0/10, confidence 35 of 100 (one part).

weight 33% of this tense · 80th percentile among 154 sector filers · read for its customers

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the newest year's revenue growth, which ranks in the top 20% of 154 in its family; the record does not carry three filed years of revenue and two of the four parts: acceleration, the newest year's growth, the growth of research and of capital spending.
What the record cannot read
The record does not carry three filed years of revenue and two of the four parts: acceleration, the newest year's growth, the growth of research and of capital spending.
How it was reasoned
one part: the newest year's revenue growth, the one part on file, ranked among 154 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: American Healthcare REIT, Inc.'s growth drivers is put at 8.0 of 10 with a confidence of 35 of 100, because read from one part only, the newest year's revenue growth, which ranks in the top 20% of 154 in its family; the record does not carry three filed years of revenue and two of the four parts: acceleration, the newest year's growth, the growth of research and of capital spending. A filing that carries the missing parts replaces this estimate with the filed reading.

Expectations vs reality

as filed
6.6/10

Did its newest year beat what its own record pointed to?

top 34% of 150 in its family for expectations against reality.

weight 45% of this tense · 66th percentile among 150 sector filers · read for its shareholders

From the record

American Healthcare REIT, Inc.'s newest year against its own record: revenue of $2.1 billion in fiscal 2025 came in 3.7% below the $2.2 billion its prior three years' pace pointed to (bottom 39% of its family); net income of $70 million against a prior three-year average of $64 million (top 13%); a net margin of 3.3% against -4% before (top 27%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-3.7%bottom 39% of its family
  • net income against the prior three years' average+210%top 13% of its family
  • net margin against its prior average+7.3 pointstop 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AHR · research, not advice