REG vs. VTR: Regency Centers vs. Ventas Stock Comparison

Company Profile

Regency Centers (REG) and Ventas (VTR) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but REG is classified in Retail REITs while VTR is classified in Health Care REITs.

Both Regency Centers (REG) and Ventas (VTR) are REITs — read their payout ratios and P/E alongside FFO (funds from operations) rather than at face value.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Regency Centers (REG) at 7.67% and Ventas (VTR) at 1.87% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

Neither Regency Centers (REG) in Equity Real Estate Investment Trusts (REITs) nor Ventas (VTR) in Equity Real Estate Investment Trusts (REITs) is well served by net margin: heavy depreciation makes net income a poor profitability proxy in their businesses, where FFO-based measures are the standard read.

Neither side reports a meaningful operating margin: for Regency Centers (REG) in Equity Real Estate Investment Trusts (REITs) and Ventas (VTR) in Equity Real Estate Investment Trusts (REITs), funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Ventas (VTR) at 18.47% sits in the top revenue growth quartile, while Regency Centers (REG) at 6.85% is closer to the peer norm — faster top-line expansion for VTR.

EPS growth isn't a meaningful figure for either Regency Centers (REG) in Equity Real Estate Investment Trusts (REITs) or Ventas (VTR) in Equity Real Estate Investment Trusts (REITs) under our convention.

Growth Metrics

Financial Strength

Regency Centers (REG) at 1.03 keeps current ratio within its industry’s typical mid-range, while Ventas (VTR) at 0.37 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for VTR.

Both Regency Centers (REG) at 0.72 and Ventas (VTR) at 0.77 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

Financial Strength Metrics

Dividends

Regency Centers (REG) at 3.96% pays a yield in its industry’s typical range, while Ventas (VTR) at 2.29% falls in the bottom quartile of its peers.

An earnings-based payout ratio fits neither Regency Centers (REG) in Equity Real Estate Investment Trusts (REITs) nor Ventas (VTR) in Equity Real Estate Investment Trusts (REITs): their distributions are mandated and conventionally measured against FFO, so the accounting-earnings ratio overstates both.

Dividend Metrics

Valuation

P/E ratio is not a meaningful valuation yardstick for either Regency Centers (REG) in Equity Real Estate Investment Trusts (REITs) or Ventas (VTR) in Equity Real Estate Investment Trusts (REITs): depreciation suppresses reported earnings in their businesses, and price-to-FFO is the conventional yardstick instead.

Ventas (VTR) at 6.96 is priced about in line with its industry on P/S ratio, while Regency Centers (REG) at 8.15 sits in the pricier quartile — REG costs more per dollar of sales.

Regency Centers (REG) at 2.08 is valued about in line with its industry on P/B ratio, while Ventas (VTR) at 2.97 carries an above-peer premium to book — VTR is pricier on assets.

Valuation Metrics