American Healthcare REIT Reports Strong Q3 2025 Earnings and Raises Annual Guidance
American Healthcare REIT Reports Robust Q3 2025 Results
American Healthcare REIT, Inc. (NYSE: AHR) recently revealed its financial results for the third quarter of 2025, showcasing significant advancements and increases in its annual guidance. The performance highlights underline the company's sustained growth and operational excellence in the healthcare real estate sector.
Key Financial Metrics
In Q3 2025, AHR reported a GAAP net income attributable to controlling interest of $55.9 million, translating to $0.33 per diluted share. This reflects a solid position compared to previous quarters, driven by dynamic revenue strategies and prudent expense management. Moreover, the company achieved a Normalized Funds from Operations (NFFO) of $0.44 per diluted share during the same period.
The total portfolio’s Same-Store Net Operating Income (NOI) growth for Q3 stood at an impressive 16.4% when compared year-over-year, attributed largely to the robust performance of its Integrated Senior Health Campus (ISHC) and Senior Housing Operating Properties (SHOP). Specifically, the ISHC reported a 21.7% increase, while SHOP followed closely with a 25.3% rise in Same-Store NOI growth.
Portfolio Expansion and Acquisitions
During the quarter, AHR continued to strengthen its portfolio with approximately $210.8 million in acquisitions, bringing the year-to-date total to over $575 million. This strategic focus on expanding its asset base was mirrored by a decisive capital allocation strategy, evidenced by the issuance of over 6.4 million shares under previously announced forward sales agreements generating gross proceeds of around $275.1 million.
The enhanced outlook also led AHR to revise its full-year 2025 guidance for Same-Store NOI growth, now projected between 13.0% and 15.0%, up from the prior range of 11.0% to 14.0%. Similarly, the adjusted NFFO guidance has increased, now anticipated to be between $1.69 and $1.72 per diluted share, marking a notable improvement from previous projections.
Operational Performance and Corporate Responsibility
AHR's CEO, Danny Prosky, expressed satisfaction regarding the company's ability to execute its business strategies effectively. The consistent organic growth trajectory underlines AHR's capability to navigate through challenging market conditions, leveraging the long-term demand in the senior healthcare sector.
In a step towards transparency and commitment to sustainability, AHR published its inaugural Corporate Responsibility Report, which outlines the company's future initiatives focusing on responsible property management and community engagement.
Looking Ahead
As AHR approaches the end of 2025, the company foresees continued demand for its services, supported by its solid operational foundation. The upcoming winter months, typically slower for moves, are anticipated to be buffered by the strong occupancy rates and record move-in activity from prior warmer months.
AHR’s ongoing enhancement of its real estate position and strategic investments in healthcare real estate exemplify a proactive approach, positioning the company for sustained performance and growth heading into 2026 and beyond. Investors keen on these developments are expected to glean insights during the scheduled conference call on November 7, 2025, where further discussions regarding these results will take place.
For more details, investors can access the complete financial report and supplemental information on AHR's investor relations website.