Ventas, Inc.
$58.57B- Market cap
- $46.30B
- Debt
- +$13.01B
- Cash
- −$741.07M
Capital structure 78% equity / 22% debt · EV / Revenue 10.04x · EV / EBITDA 39.88x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $46.30B · View financials
Snapshot Sep 4, 4:00 PM ET
FY 2025 · Mkt cap
Decision snapshot: VTR stock price at premium vs PNW $90.27 current versus $10.43 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at PNW's multiple
Implied fair value · at VTR's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Premium justified
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: VTR FY 2025 (ended Dec 31, 2025) · PNW FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 78% equity / 22% debt · EV / Revenue 10.04x · EV / EBITDA 39.88x
Capital structure 55% equity / 45% debt · EV / Revenue 4.05x · EV / EBITDA 16.84x
VTR carries the larger enterprise value at $58.57B against $21.62B; PNW trades on the lower EV / Revenue multiple (4.05x vs 10.04x); PNW on the lower EV / EBITDA (16.84x vs 39.88x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Ventas, Inc. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
PINNACLE WEST CAPITAL CORP · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
1.04x
1.39x
Net debt / EBITDA
Leverage against operating earnings
8.35x
7.63x
Cash and equivalents
Liquid reserves on the balance sheet
$741.07M
$6.60M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$13.01B
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