See more : Brighthouse Financial, Inc. (BHFAL) Income Statement Analysis – Financial Results
Complete financial analysis of CareTrust REIT, Inc. (CTRE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of CareTrust REIT, Inc., a leading company in the REIT – Healthcare Facilities industry within the Real Estate sector.
You may be interested
- Ayr Wellness Inc. (AYRWF) Income Statement Analysis – Financial Results
- SilverBox Engaged Merger Corp I (SBEA) Income Statement Analysis – Financial Results
- NHN Corporation (181710.KS) Income Statement Analysis – Financial Results
- UCO Bank (UCOBANK.NS) Income Statement Analysis – Financial Results
- Global Developments, Inc. (GDVM) Income Statement Analysis – Financial Results
CareTrust REIT, Inc. (CTRE)
About CareTrust REIT, Inc.
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 217.77M | 187.51M | 190.20M | 175.69M | 159.06M | 155.38M | 131.12M | 103.94M | 73.99M | 58.84M | 48.80M | 42.06M | 192.35M |
| Cost of Revenue | 9.59M | 9.37M | 3.57M | 4.71M | 5.95M | 14.89M | 12.99M | 10.40M | 7.87M | 7.20M | 7.31M | 6.54M | 77.00K |
| Gross Profit | 208.18M | 178.13M | 186.62M | 170.98M | 153.11M | 140.49M | 118.13M | 93.55M | 66.11M | 51.64M | 41.49M | 35.52M | 192.27M |
| Gross Profit Ratio | 95.59% | 95.00% | 98.12% | 97.32% | 96.26% | 90.42% | 90.09% | 90.00% | 89.36% | 87.77% | 85.03% | 84.44% | 99.96% |
| Research & Development | 0.00 | -0.04 | 0.37 | 0.45 | 0.28 | 0.37 | 0.27 | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 21.81M | 20.17M | 26.87M | 16.30M | 15.16M | 12.56M | 11.12M | 9.30M | 7.66M | 11.11M | 5.44M | 1.79M | 26.87M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 21.81M | 20.17M | 26.87M | 16.30M | 15.16M | 12.56M | 11.12M | 9.30M | 7.66M | 11.11M | 5.44M | 1.79M | 26.87M |
| Other Expenses | 0.00 | 54.16M | 55.34M | 52.76M | 52.90M | 45.77M | 49.57M | 31.97M | 24.13M | 23.00M | 23.42M | 21.10M | 0.00 |
| Operating Expenses | 21.81M | 74.33M | 82.21M | 69.06M | 68.06M | 58.32M | 60.69M | 41.26M | 31.79M | 34.11M | 28.86M | 22.89M | 26.87M |
| Cost & Expenses | 31.40M | 83.70M | 85.79M | 73.77M | 74.00M | 73.21M | 73.68M | 51.66M | 39.66M | 41.30M | 36.17M | 29.44M | 26.95M |
| Interest Income | 19.17M | 8.63M | 2.16M | 2.64M | 4.35M | 1.57M | 1.87M | 737.00K | 965.00K | 55.00K | 0.00 | 0.00 | 0.00 |
| Interest Expense | 40.88M | 30.01M | 23.68M | 23.66M | 28.13M | 27.86M | 24.20M | 23.20M | 25.26M | 21.62M | 12.65M | 12.21M | 23.68M |
| Depreciation & Amortization | 51.20M | 83.70M | 85.79M | 97.43M | 102.13M | 101.07M | 87.46M | 75.06M | 24.13M | 23.00M | 23.42M | 21.10M | 55.34M |
| EBITDA | 145.80M | 162.81M | 161.96M | 157.38M | 141.27M | 129.51M | 98.48M | 85.00M | 24.13M | 23.00M | 36.05M | 33.73M | 220.74M |
| EBITDA Ratio | 66.95% | 86.83% | 85.15% | 89.58% | 88.81% | 83.36% | 75.11% | 81.78% | 80.32% | 68.99% | 73.87% | 80.19% | 114.76% |
| Operating Income | 186.37M | 112.44M | 106.56M | 104.57M | 89.40M | 82.17M | 57.44M | 52.29M | 34.33M | 17.54M | 12.63M | 12.63M | 165.40M |
| Operating Income Ratio | 85.58% | 59.96% | 56.03% | 59.52% | 56.21% | 52.88% | 43.81% | 50.30% | 46.39% | 29.81% | 25.88% | 30.02% | 85.99% |
| Total Other Income/Expenses | -132.65M | -119.94M | -34.58M | -37.00K | -14.92M | -71.58M | -19.65M | -265.00K | -24.29M | -25.68M | -12.90M | -12.40M | -93.42M |
| Income Before Tax | 53.72M | -7.51M | 71.98M | 80.87M | 46.36M | 57.92M | 25.87M | 29.35M | 10.03M | -8.14M | -272.00K | 232.00K | 71.98M |
| Income Before Tax Ratio | 24.67% | -4.00% | 37.85% | 46.03% | 29.15% | 37.28% | 19.73% | 28.24% | 13.56% | -13.84% | -0.56% | 0.55% | 37.42% |
| Income Tax Expense | 0.00 | -50.38M | 23.68M | 23.66M | 28.13M | 3.62M | 24.20M | 23.20M | 965.00K | 21.62M | 123.00K | 122.00K | 0.00 |
| Net Income | 53.74M | 42.87M | 48.31M | 57.21M | 18.23M | 57.92M | 25.87M | 29.35M | 10.03M | -8.14M | -395.00K | 110.00K | 71.98M |
| Net Income Ratio | 24.68% | 22.86% | 25.40% | 32.56% | 11.46% | 37.28% | 19.73% | 28.24% | 13.56% | -13.84% | -0.81% | 0.26% | 37.42% |
| EPS | 0.50 | 0.44 | 0.50 | 0.60 | 0.20 | 0.73 | 0.36 | 0.52 | 0.27 | -0.36 | -0.02 | 0.00 | 0.75 |
| EPS Diluted | 0.50 | 0.44 | 0.50 | 0.60 | 0.20 | 0.73 | 0.36 | 0.52 | 0.27 | -0.36 | -0.02 | 0.00 | 0.75 |
| Weighted Avg Shares Out | 105.96M | 96.70M | 96.02M | 95.20M | 93.09M | 79.39M | 72.65M | 56.03M | 37.38M | 22.62M | 22.25M | 22.25M | 96.02M |
| Weighted Avg Shares Out (Dil) | 106.15M | 96.70M | 96.09M | 95.21M | 93.10M | 79.39M | 72.65M | 56.03M | 37.38M | 22.79M | 22.25M | 22.25M | 96.09M |
At-The-Market Issuance By U.S. REITs Hits All-Time Quarterly High In Q3 2024
Total proceeds raised by US equity real estate investment trusts through at-the-market offering programs rocketed to an all-time high in the third quarter. US REITs raised an aggregate of $7.21 billion in proceeds through their at-the-market programs during the quarter....
CareTrust REIT: Strong Fundamentals And Growth Potential - Buy
I rate CareTrust REIT a buy due to its strong fundamentals, consistent financial performance, and promising growth prospects driven by acquisitions and demographic trends. CTRE's financials are impressive, with consistent revenue growth, stable operating expenses, and a strong balance sheet,...
3 REITs With High Dividend Growth Prospects In 2025
Not all REITs are created equal. Some are growing far faster than others. We highlight 3 REITs with rapid growth prospects in 2025.
2 REIT Winners And 2 REIT Losers From Trump's Reelection
Trump's reelection has mixed impacts on REITs. Some benefit. Others suffer. We review 2 REITs to buy and 2 REITs to sell.
My Portfolio's Biggest Winners And Losers From A Republican Sweep
The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT fundamentals by suppressing new construction starts due to higher...
Forget The Election, REITs Win No Matter What
The election is on the 5th of November. We don't think the outcome will matter for REITs. Macroeconomics trumps politics. We explain why.
Pivotal Decisions
Ahead of a pivotal week of consequential decisions, U.S. equity markets posted a second-straight week of declines as investors parsed a relatively disappointing slate of employment and inflation data. The pivotal Nonfarm Payrolls report showed that the U.S. economy added...
Top 5 REITs: Trick Or TREIT!
The Federal Reserve's recent 50 bps rate cut and projected future cuts in 2024 signal a potential favorable shift for the REITs sectors. The latest JOLTS Report fell short of expectations. September job openings slid to 7.443M from 7.861M in...
CareTrust REIT, Inc. (CTRE) Q3 2024 Earnings Call Transcript
CareTrust REIT, Inc. (NYSE:CTRE ) Q3 2024 Earnings Conference Call October 30, 2024 1:00 PM ET Company Participants Lauren Beale - Senior Vice President and Controller Dave Sedgwick - President and Chief Executive Officer Bill Wagner - Chief Financial Officer...
CareTrust REIT, Inc. Announces Pricing of Upsized Public Offering of Common Stock
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE: CTRE) (“CareTrust REIT” or the “Company”) announced the pricing of its upsized underwritten public offering of 13,800,000 shares of common stock at a price to the public of $32.00 per share. The offering...
Source: https://incomestatements.info
Category: Stock Reports