CareTrust REIT, Inc. (CTRE) 10-Year Financial Performance & Capital Metrics

CTRE • • REIT / Real Estate

Real EstateHealthcare REITsSenior Housing & Skilled Nursing REITsSenior Housing & Skilled Nursing Operators

AboutCareTrust 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.Show more

Revenue $228M +14.9%
FFO $182M +73.4%
FFO/Share 1.17 +18.6%
FFO Payout 94.64% -14.0%
FFO per Share 1.17 +18.6%
NOI Margin 94.06% -1.2%
FFO Margin 79.69% +50.8%
ROE 5.75% +21.4%
ROA 4.53% +56.2%
Debt/Assets 11.55% -59.6%
Net Debt/EBITDA 1.01 -43.8%
Book Value/Share 18.88 +41.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 22.0%
✓FFO growing 122.8% TTM
✓High NOI margin of 94.1%
✓Healthy dividend yield of 3.0%
✓Trading near 52-week high

✗Weaknesses

✗Weak 3Y average ROE of 3.2%
✗Dividend payout exceeds 100% of earnings
✗Shares diluted 46.2% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y14.52%

5Y7.49%

3Y6.27%

TTM60.49%

Profit (Net Income) CAGR

10Y-

5Y21.96%

3Y20.22%

TTM163.38%

EPS CAGR

10Y-

5Y31.95%

3Y16.96%

TTM86.11%

ROCE

10Y Avg6.71%

5Y Avg6.55%

3Y Avg6.13%

Latest4.65%

Peer Comparison

Senior Housing & Skilled Nursing Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CTRECareTrust REIT, Inc.	8.37B	37.47	46.84	14.94%	74.19%	6.51%	2.82%	0.14
LTCLTC Properties, Inc.	1.73B	36.36	17.82	6.39%	14.83%	3.24%	7.23%	0.65

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	73.99M	103.94M	131.12M	155.38M	159.06M	175.69M	190.19M	187.51M	198.6M	228.26M
Revenue Growth %	0.26%	0.4%	0.26%	0.19%	0.02%	0.1%	0.08%	-0.01%	0.06%	0.15%
Property Operating Expenses	7.87M	10.39M	12.99M	14.89M	5.95M	4.71M	3.57M	9.37M	9.59M	13.55M
Net Operating Income (NOI)+	-	-	-	-	-	-	-	-	-	-
NOI Margin %	-	-	-	-	-	-	-	-	-	-
Operating Expenses+	31.79M	41.26M	60.69M	58.32M	68.06M	69.06M	82.21M	74.33M	73M	90.65M
G&A Expenses	7.66M	9.3M	11.12M	12.55M	15.16M	16.3M	26.87M	19.27M	20.9M	27.9M
EBITDA+	58.46M	127.35M	144.9M	183.24M	136.92M	154.74M	159.8M	154.19M	167.2M	180.89M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization+	24.13M	75.06M	87.46M	101.07M	51.87M	52.82M	55.39M	50.38M	51.2M	56.83M
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income+	34.33M	52.28M	57.44M	82.17M	85.05M	101.92M	104.41M	103.81M	116M	124.06M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Interest Expense+	24.05M	22.87M	24.2M	27.86M	28.13M	23.66M	23.68M	30.01M	40.88M	30.31M
Interest Coverage	1.43x	2.29x	2.37x	2.95x	3.02x	4.31x	4.41x	3.46x	2.84x	4.09x
Non-Operating Income	243K	-22.61M	-4.55M	45.77M	10.57M	-2.61M	8.75M	81.31M	21.4M	-30.65M
Pretax Income+	10.03M	29.35M	25.87M	57.92M	46.36M	80.87M	71.98M	-7.51M	53.72M	124.4M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	0	23.2M	24.2M	3.62M	0	0	0	0	0	0
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	10.03M	29.35M	25.87M	57.92M	46.36M	80.87M	71.98M	-7.51M	53.73M	125.08M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	2.23%	1.93%	-0.12%	1.24%	-0.2%	0.74%	-0.11%	-1.1%	8.16%	1.33%
Funds From Operations (FFO)+	-	-	-	-	-	-	-	-	-	-
FFO Margin %	-	-	-	-	-	-	-	-	-	-
FFO Growth %	1.3%	2.06%	0.09%	0.4%	-0.38%	0.36%	-0.05%	-0.66%	1.45%	0.73%
FFO per Share+	-	-	-	-	-	-	-	-	-	-
FFO Payout Ratio %	-	-	-	-	-	-	-	-	-	-
EPS (Diluted)+	0.27	0.52	0.36	0.73	0.20	0.60	0.50	0.44	0.50	0.80
EPS Growth %	1.75%	0.93%	-0.31%	1.03%	-0.73%	2%	-0.17%	-0.12%	0.14%	0.6%
EPS (Basic)	0.27	0.52	0.36	0.73	0.20	0.60	0.50	0.44	0.50	0.81
Diluted Shares Outstanding	37.38M	56.03M	72.65M	79.39M	93.1M	95.21M	96.09M	96.7M	106.15M	155.17M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	673.17M	925.36M	1.18B	1.29B	1.52B	1.5B	1.64B	1.62B	2.08B	3.44B
Asset Growth %	0.39%	0.37%	0.28%	0.09%	0.18%	-0.01%	0.09%	-0.01%	0.29%	0.65%
Real Estate & Other Assets+	3.18M	-924.47M	-1.19B	-1.29B	1.42B	1.46B	1.61B	1.59B	1.76B	2.25B
PP&E (Net)	645.61M	893.92M	1.15B	1.22B	0	0	0	0	0	0
Investment Securities	1000K	1000K	1000K	1000K	1000K	0	0	0	0	1000K
Total Current Assets+	15.89M	14.77M	13.06M	56.85M	68.34M	38.42M	27.15M	25.89M	309.85M	368.26M
Cash & Equivalents	11.47M	7.5M	6.91M	36.79M	20.33M	18.92M	19.89M	13.18M	294.45M	213.82M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	416K	395K	1000K
Other Current Assets	0	0	0	0	34.59M	7.23M	-2.68M	12.29M	15.01M	57.26M
Intangible Assets	0	1.91M	2.38M	2.38M	1.65M	2.35M	1.26M	2.83M	5.28M	4.39M
Total Liabilities	410.88M	472.93M	590.37M	523.51M	591.27M	589.42M	725.09M	771.41M	666.12M	507.63M
Total Debt+	393.9M	449.72M	558.91M	489.76M	554.62M	545.59M	673.4M	719.5M	595.6M	396.93M
Net Debt	382.44M	442.22M	552M	452.97M	534.3M	526.67M	653.5M	706.32M	301.15M	183.1M
Long-Term Debt	393.9M	449.72M	558.91M	489.76M	494.62M	495.59M	593.4M	594.5M	595.6M	396.93M
Short-Term Borrowings	0	0	0	0	1000K	1000K	1000K	1000K	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Total Current Liabilities+	61.97M	118.21M	196.46M	128.75M	96.65M	93.82M	131.69M	176.91M	70.52M	110.71M
Accounts Payable	9.27M	12.14M	17.41M	15.97M	14.96M	19.57M	25.41M	24.36M	33.99M	56.32M
Deferred Revenue	0	0	0	0	0	0	0	0	0	0
Other Liabilities	0	0	0	0	0	0	0	0	0	0
Total Equity+	262.29M	894.65M	1.15B	1.22B	927.59M	914.14M	915.76M	849.37M	1.42B	2.93B
Equity Growth %	1.31%	2.41%	0.28%	0.07%	-0.24%	-0.01%	0%	-0.07%	0.67%	1.06%
Shareholders Equity	262.29M	452.43M	594.62M	768.25M	927.59M	914.14M	915.76M	849.37M	1.42B	2.91B
Minority Interest	0	442.22M	552M	452.97M	0	0	0	0	1.9M	20.97M
Common Stock	477K	648K	755K	859K	951K	952K	963K	990K	1.3M	1.87M
Additional Paid-in Capital	410.22M	611.48M	783.24M	965.58M	1.16B	1.16B	1.2B	1.25B	1.88B	3.44B
Retained Earnings	-148.41M	-159.69M	-189.38M	-198.19M	-236.35M	-251.21M	-282.05M	-396.95M	-467.63M	-532.57M
Preferred Stock	0	0	0	0	0	0	0	0	0	0
Return on Assets (ROA)	0.02%	0.04%	0.02%	0.05%	0.03%	0.05%	0.05%	-0%	0.03%	0.05%
Return on Equity (ROE)	0.05%	0.05%	0.03%	0.05%	0.04%	0.09%	0.08%	-0.01%	0.05%	0.06%
Debt / Assets	0.59%	0.49%	0.47%	0.38%	0.37%	0.36%	0.41%	0.44%	0.29%	0.12%
Debt / Equity	1.50x	0.50x	0.49x	0.40x	0.60x	0.60x	0.74x	0.85x	0.42x	0.14x
Net Debt / EBITDA	6.54x	3.47x	3.81x	2.47x	3.90x	3.40x	4.09x	4.58x	1.80x	1.01x
Book Value per Share	7.02	15.97	15.78	15.38	9.96	9.60	9.53	8.78	13.36	18.88

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	40.25M	64.43M	88.8M	99.36M	126.3M	145.74M	156.87M	144.41M	154.77M	244.25M
Operating CF Growth %	0.84%	0.6%	0.38%	0.12%	0.27%	0.15%	0.08%	-0.08%	0.07%	0.58%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	10.03M	29.35M	25.87M	57.92M	46.36M	80.87M	71.98M	-7.51M	53.72M	124.4M
Depreciation & Amortization	24.13M	31.98M	39.18M	45.78M	51.87M	52.82M	55.39M	50.38M	50.87M	54.07M
Stock-Based Compensation	1.52M	1.55M	2.42M	3.85M	4.1M	3.79M	10.83M	5.76M	5.15M	6.13M
Other Non-Cash Items	2.46M	1.94M	25.76M	-2.68M	28.05M	3.26M	12.77M	96.11M	42.63M	40.13M
Working Capital Changes	2.1M	-391K	-4.42M	-5.51M	-4.08M	5M	5.89M	-322K	2.39M	19.52M
Cash from Investing+	-234.65M	-284.64M	-302.56M	-115.07M	-316.01M	-41.58M	-192.63M	-127.4M	-267.81M	-1.49B
Acquisitions (Net)	0	0	0	0	0	0	0	0	0	19.82M
Purchase of Investments	0	-4.66M	0	0	0	0	0	0	-1.78M	-1.52B
Sale of Investments	0	0	1000K	0	1000K	0	0	0	0	1000K
Other Investing	-234.65M	-279.99M	-310.06M	-115.07M	-311.92M	-33.28M	-186.62M	-120.11M	-255.06M	0
Cash from Financing+	180.54M	216.24M	213.17M	45.59M	173.25M	-105.56M	36.74M	-23.73M	394.32M	1.17B
Dividends Paid	-21.79M	-37.27M	-52.59M	-63M	-80.62M	-93.16M	-100.78M	-106.14M	-115.49M	-172.16M
Common Dividends	-21.79M	-37.27M	-52.59M	-63M	-80.62M	-93.16M	-100.78M	-106.14M	-115.49M	-172.16M
Debt Issuance (Net)	1000K	1000K	1000K	-1000K	1000K	-1000K	1000K	1000K	-1000K	-1000K
Share Repurchases	0	-515K	-866K	-1.29M	-2.52M	-2M	-1.33M	-4.47M	-1.48M	-2.48M
Other Financing	160.51M	199.05M	164.26M	179.88M	191.39M	-404K	8.85M	41.88M	636.29M	-11.74M
Net Change in Cash+	-13.85M	-3.97M	-591K	29.88M	-16.46M	-1.41M	976K	-6.72M	281.27M	-80.63M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	25.32M	11.47M	7.5M	6.91M	36.79M	20.33M	18.92M	19.89M	13.18M	294.45M
Cash at End	11.47M	7.5M	6.91M	36.79M	20.33M	18.92M	19.89M	13.18M	294.45M	213.82M
Free Cash Flow+	-192.65M	-214.85M	-201.37M	-8.29M	122.94M	137.44M	150.86M	137.12M	143.79M	236.2M
FCF Growth %	-7.13%	-0.12%	0.06%	0.96%	15.83%	0.12%	0.1%	-0.09%	0.05%	0.64%
FCF / Revenue %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
FFO per Share	0.91	1.86	1.56	2	1.06	1.4	1.33	0.44	0.99	1.17
FFO Payout Ratio	63.78%	35.69%	46.4%	39.62%	82.08%	69.69%	79.12%	247.57%	110.06%	94.64%
NOI Margin	89.36%	90%	90.09%	90.42%	96.26%	97.32%	98.12%	95%	95.17%	94.06%
Net Debt / EBITDA	6.54x	3.47x	3.81x	2.47x	3.90x	3.40x	4.09x	4.58x	1.80x	1.01x
Debt / Assets	58.52%	48.6%	47.17%	37.91%	36.52%	36.29%	41.04%	44.39%	28.57%	11.55%
Interest Coverage	1.43x	2.29x	2.37x	2.95x	3.02x	4.31x	4.41x	3.46x	2.84x	4.09x
Book Value / Share	7.02	15.97	15.78	15.38	9.96	9.6	9.53	8.78	13.36	18.88
Revenue Growth	25.74%	40.49%	26.14%	18.5%	2.37%	10.46%	8.26%	-1.41%	5.92%	14.94%

Revenue by Segment

	2024
Reportable	296.29M
Reportable Growth	-

Frequently Asked Questions

Valuation & Price

CareTrust REIT, Inc. (CTRE) has a price-to-earnings (P/E) ratio of 46.8x. This suggests investors expect higher future growth.

Growth & Financials

CareTrust REIT, Inc. (CTRE) reported $352.3M in revenue for fiscal year 2024. This represents a 738% increase from $42.1M in 2012.

CareTrust REIT, Inc. (CTRE) grew revenue by 14.9% over the past year. This is steady growth.

Yes, CareTrust REIT, Inc. (CTRE) is profitable, generating $261.4M in net income for fiscal year 2024 (54.8% net margin).

Dividend & Returns

Yes, CareTrust REIT, Inc. (CTRE) pays a dividend with a yield of 2.96%. This makes it attractive for income-focused investors.

CareTrust REIT, Inc. (CTRE) has a return on equity (ROE) of 5.8%. This is below average, suggesting room for improvement.

Industry Metrics

CareTrust REIT, Inc. (CTRE) generated Funds From Operations (FFO) of $342.6M in the trailing twelve months. FFO is the primary profitability metric for REITs.

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CareTrust REIT, Inc. (CTRE) 10-Year Financial Performance & Capital Metrics

CTRE • • REIT / Real Estate

Real EstateHealthcare REITsSenior Housing & Skilled Nursing REITsSenior Housing & Skilled Nursing Operators

Revenue $228M +14.9%
FFO $182M +73.4%
FFO/Share 1.17 +18.6%
FFO Payout 94.64% -14.0%
FFO per Share 1.17 +18.6%
NOI Margin 94.06% -1.2%
FFO Margin 79.69% +50.8%
ROE 5.75% +21.4%
ROA 4.53% +56.2%
Debt/Assets 11.55% -59.6%
Net Debt/EBITDA 1.01 -43.8%
Book Value/Share 18.88 +41.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 22.0%
✓FFO growing 122.8% TTM
✓High NOI margin of 94.1%
✓Healthy dividend yield of 3.0%
✓Trading near 52-week high

✗Weaknesses

✗Weak 3Y average ROE of 3.2%
✗Dividend payout exceeds 100% of earnings
✗Shares diluted 46.2% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y14.52%

5Y7.49%

3Y6.27%

TTM60.49%

Profit (Net Income) CAGR

10Y-

5Y21.96%

3Y20.22%

TTM163.38%

EPS CAGR

10Y-

5Y31.95%

3Y16.96%

TTM86.11%

ROCE

10Y Avg6.71%

5Y Avg6.55%

3Y Avg6.13%

Latest4.65%

Peer Comparison

Senior Housing & Skilled Nursing Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CTRECareTrust REIT, Inc.	8.37B	37.47	46.84	14.94%	74.19%	6.51%	2.82%	0.14
LTCLTC Properties, Inc.	1.73B	36.36	17.82	6.39%	14.83%	3.24%	7.23%	0.65

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	73.99M	103.94M	131.12M	155.38M	159.06M	175.69M	190.19M	187.51M	198.6M	228.26M
Revenue Growth %	0.26%	0.4%	0.26%	0.19%	0.02%	0.1%	0.08%	-0.01%	0.06%	0.15%
Property Operating Expenses	7.87M	10.39M	12.99M	14.89M	5.95M	4.71M	3.57M	9.37M	9.59M	13.55M
Net Operating Income (NOI)+	-	-	-	-	-	-	-	-	-	-
NOI Margin %	-	-	-	-	-	-	-	-	-	-
Operating Expenses+	31.79M	41.26M	60.69M	58.32M	68.06M	69.06M	82.21M	74.33M	73M	90.65M
G&A Expenses	7.66M	9.3M	11.12M	12.55M	15.16M	16.3M	26.87M	19.27M	20.9M	27.9M
EBITDA+	58.46M	127.35M	144.9M	183.24M	136.92M	154.74M	159.8M	154.19M	167.2M	180.89M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization+	24.13M	75.06M	87.46M	101.07M	51.87M	52.82M	55.39M	50.38M	51.2M	56.83M
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income+	34.33M	52.28M	57.44M	82.17M	85.05M	101.92M	104.41M	103.81M	116M	124.06M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Interest Expense+	24.05M	22.87M	24.2M	27.86M	28.13M	23.66M	23.68M	30.01M	40.88M	30.31M
Interest Coverage	1.43x	2.29x	2.37x	2.95x	3.02x	4.31x	4.41x	3.46x	2.84x	4.09x
Non-Operating Income	243K	-22.61M	-4.55M	45.77M	10.57M	-2.61M	8.75M	81.31M	21.4M	-30.65M
Pretax Income+	10.03M	29.35M	25.87M	57.92M	46.36M	80.87M	71.98M	-7.51M	53.72M	124.4M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	0	23.2M	24.2M	3.62M	0	0	0	0	0	0
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	10.03M	29.35M	25.87M	57.92M	46.36M	80.87M	71.98M	-7.51M	53.73M	125.08M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	2.23%	1.93%	-0.12%	1.24%	-0.2%	0.74%	-0.11%	-1.1%	8.16%	1.33%
Funds From Operations (FFO)+	-	-	-	-	-	-	-	-	-	-
FFO Margin %	-	-	-	-	-	-	-	-	-	-
FFO Growth %	1.3%	2.06%	0.09%	0.4%	-0.38%	0.36%	-0.05%	-0.66%	1.45%	0.73%
FFO per Share+	-	-	-	-	-	-	-	-	-	-
FFO Payout Ratio %	-	-	-	-	-	-	-	-	-	-
EPS (Diluted)+	0.27	0.52	0.36	0.73	0.20	0.60	0.50	0.44	0.50	0.80
EPS Growth %	1.75%	0.93%	-0.31%	1.03%	-0.73%	2%	-0.17%	-0.12%	0.14%	0.6%
EPS (Basic)	0.27	0.52	0.36	0.73	0.20	0.60	0.50	0.44	0.50	0.81
Diluted Shares Outstanding	37.38M	56.03M	72.65M	79.39M	93.1M	95.21M	96.09M	96.7M	106.15M	155.17M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	673.17M	925.36M	1.18B	1.29B	1.52B	1.5B	1.64B	1.62B	2.08B	3.44B
Asset Growth %	0.39%	0.37%	0.28%	0.09%	0.18%	-0.01%	0.09%	-0.01%	0.29%	0.65%
Real Estate & Other Assets+	3.18M	-924.47M	-1.19B	-1.29B	1.42B	1.46B	1.61B	1.59B	1.76B	2.25B
PP&E (Net)	645.61M	893.92M	1.15B	1.22B	0	0	0	0	0	0
Investment Securities	1000K	1000K	1000K	1000K	1000K	0	0	0	0	1000K
Total Current Assets+	15.89M	14.77M	13.06M	56.85M	68.34M	38.42M	27.15M	25.89M	309.85M	368.26M
Cash & Equivalents	11.47M	7.5M	6.91M	36.79M	20.33M	18.92M	19.89M	13.18M	294.45M	213.82M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	416K	395K	1000K
Other Current Assets	0	0	0	0	34.59M	7.23M	-2.68M	12.29M	15.01M	57.26M
Intangible Assets	0	1.91M	2.38M	2.38M	1.65M	2.35M	1.26M	2.83M	5.28M	4.39M
Total Liabilities	410.88M	472.93M	590.37M	523.51M	591.27M	589.42M	725.09M	771.41M	666.12M	507.63M
Total Debt+	393.9M	449.72M	558.91M	489.76M	554.62M	545.59M	673.4M	719.5M	595.6M	396.93M
Net Debt	382.44M	442.22M	552M	452.97M	534.3M	526.67M	653.5M	706.32M	301.15M	183.1M
Long-Term Debt	393.9M	449.72M	558.91M	489.76M	494.62M	495.59M	593.4M	594.5M	595.6M	396.93M
Short-Term Borrowings	0	0	0	0	1000K	1000K	1000K	1000K	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Total Current Liabilities+	61.97M	118.21M	196.46M	128.75M	96.65M	93.82M	131.69M	176.91M	70.52M	110.71M
Accounts Payable	9.27M	12.14M	17.41M	15.97M	14.96M	19.57M	25.41M	24.36M	33.99M	56.32M
Deferred Revenue	0	0	0	0	0	0	0	0	0	0
Other Liabilities	0	0	0	0	0	0	0	0	0	0
Total Equity+	262.29M	894.65M	1.15B	1.22B	927.59M	914.14M	915.76M	849.37M	1.42B	2.93B
Equity Growth %	1.31%	2.41%	0.28%	0.07%	-0.24%	-0.01%	0%	-0.07%	0.67%	1.06%
Shareholders Equity	262.29M	452.43M	594.62M	768.25M	927.59M	914.14M	915.76M	849.37M	1.42B	2.91B
Minority Interest	0	442.22M	552M	452.97M	0	0	0	0	1.9M	20.97M
Common Stock	477K	648K	755K	859K	951K	952K	963K	990K	1.3M	1.87M
Additional Paid-in Capital	410.22M	611.48M	783.24M	965.58M	1.16B	1.16B	1.2B	1.25B	1.88B	3.44B
Retained Earnings	-148.41M	-159.69M	-189.38M	-198.19M	-236.35M	-251.21M	-282.05M	-396.95M	-467.63M	-532.57M
Preferred Stock	0	0	0	0	0	0	0	0	0	0
Return on Assets (ROA)	0.02%	0.04%	0.02%	0.05%	0.03%	0.05%	0.05%	-0%	0.03%	0.05%
Return on Equity (ROE)	0.05%	0.05%	0.03%	0.05%	0.04%	0.09%	0.08%	-0.01%	0.05%	0.06%
Debt / Assets	0.59%	0.49%	0.47%	0.38%	0.37%	0.36%	0.41%	0.44%	0.29%	0.12%
Debt / Equity	1.50x	0.50x	0.49x	0.40x	0.60x	0.60x	0.74x	0.85x	0.42x	0.14x
Net Debt / EBITDA	6.54x	3.47x	3.81x	2.47x	3.90x	3.40x	4.09x	4.58x	1.80x	1.01x
Book Value per Share	7.02	15.97	15.78	15.38	9.96	9.60	9.53	8.78	13.36	18.88

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	40.25M	64.43M	88.8M	99.36M	126.3M	145.74M	156.87M	144.41M	154.77M	244.25M
Operating CF Growth %	0.84%	0.6%	0.38%	0.12%	0.27%	0.15%	0.08%	-0.08%	0.07%	0.58%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	10.03M	29.35M	25.87M	57.92M	46.36M	80.87M	71.98M	-7.51M	53.72M	124.4M
Depreciation & Amortization	24.13M	31.98M	39.18M	45.78M	51.87M	52.82M	55.39M	50.38M	50.87M	54.07M
Stock-Based Compensation	1.52M	1.55M	2.42M	3.85M	4.1M	3.79M	10.83M	5.76M	5.15M	6.13M
Other Non-Cash Items	2.46M	1.94M	25.76M	-2.68M	28.05M	3.26M	12.77M	96.11M	42.63M	40.13M
Working Capital Changes	2.1M	-391K	-4.42M	-5.51M	-4.08M	5M	5.89M	-322K	2.39M	19.52M
Cash from Investing+	-234.65M	-284.64M	-302.56M	-115.07M	-316.01M	-41.58M	-192.63M	-127.4M	-267.81M	-1.49B
Acquisitions (Net)	0	0	0	0	0	0	0	0	0	19.82M
Purchase of Investments	0	-4.66M	0	0	0	0	0	0	-1.78M	-1.52B
Sale of Investments	0	0	1000K	0	1000K	0	0	0	0	1000K
Other Investing	-234.65M	-279.99M	-310.06M	-115.07M	-311.92M	-33.28M	-186.62M	-120.11M	-255.06M	0
Cash from Financing+	180.54M	216.24M	213.17M	45.59M	173.25M	-105.56M	36.74M	-23.73M	394.32M	1.17B
Dividends Paid	-21.79M	-37.27M	-52.59M	-63M	-80.62M	-93.16M	-100.78M	-106.14M	-115.49M	-172.16M
Common Dividends	-21.79M	-37.27M	-52.59M	-63M	-80.62M	-93.16M	-100.78M	-106.14M	-115.49M	-172.16M
Debt Issuance (Net)	1000K	1000K	1000K	-1000K	1000K	-1000K	1000K	1000K	-1000K	-1000K
Share Repurchases	0	-515K	-866K	-1.29M	-2.52M	-2M	-1.33M	-4.47M	-1.48M	-2.48M
Other Financing	160.51M	199.05M	164.26M	179.88M	191.39M	-404K	8.85M	41.88M	636.29M	-11.74M
Net Change in Cash+	-13.85M	-3.97M	-591K	29.88M	-16.46M	-1.41M	976K	-6.72M	281.27M	-80.63M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	25.32M	11.47M	7.5M	6.91M	36.79M	20.33M	18.92M	19.89M	13.18M	294.45M
Cash at End	11.47M	7.5M	6.91M	36.79M	20.33M	18.92M	19.89M	13.18M	294.45M	213.82M
Free Cash Flow+	-192.65M	-214.85M	-201.37M	-8.29M	122.94M	137.44M	150.86M	137.12M	143.79M	236.2M
FCF Growth %	-7.13%	-0.12%	0.06%	0.96%	15.83%	0.12%	0.1%	-0.09%	0.05%	0.64%
FCF / Revenue %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
FFO per Share	0.91	1.86	1.56	2	1.06	1.4	1.33	0.44	0.99	1.17
FFO Payout Ratio	63.78%	35.69%	46.4%	39.62%	82.08%	69.69%	79.12%	247.57%	110.06%	94.64%
NOI Margin	89.36%	90%	90.09%	90.42%	96.26%	97.32%	98.12%	95%	95.17%	94.06%
Net Debt / EBITDA	6.54x	3.47x	3.81x	2.47x	3.90x	3.40x	4.09x	4.58x	1.80x	1.01x
Debt / Assets	58.52%	48.6%	47.17%	37.91%	36.52%	36.29%	41.04%	44.39%	28.57%	11.55%
Interest Coverage	1.43x	2.29x	2.37x	2.95x	3.02x	4.31x	4.41x	3.46x	2.84x	4.09x
Book Value / Share	7.02	15.97	15.78	15.38	9.96	9.6	9.53	8.78	13.36	18.88
Revenue Growth	25.74%	40.49%	26.14%	18.5%	2.37%	10.46%	8.26%	-1.41%	5.92%	14.94%

Revenue by Segment

	2024
Reportable	296.29M
Reportable Growth	-

Frequently Asked Questions

Valuation & Price

CareTrust REIT, Inc. (CTRE) has a price-to-earnings (P/E) ratio of 46.8x. This suggests investors expect higher future growth.

Growth & Financials

CareTrust REIT, Inc. (CTRE) reported $352.3M in revenue for fiscal year 2024. This represents a 738% increase from $42.1M in 2012.

CareTrust REIT, Inc. (CTRE) grew revenue by 14.9% over the past year. This is steady growth.

Yes, CareTrust REIT, Inc. (CTRE) is profitable, generating $261.4M in net income for fiscal year 2024 (54.8% net margin).

Dividend & Returns

Yes, CareTrust REIT, Inc. (CTRE) pays a dividend with a yield of 2.96%. This makes it attractive for income-focused investors.

CareTrust REIT, Inc. (CTRE) has a return on equity (ROE) of 5.8%. This is below average, suggesting room for improvement.

Industry Metrics

CareTrust REIT, Inc. (CTRE) generated Funds From Operations (FFO) of $342.6M in the trailing twelve months. FFO is the primary profitability metric for REITs.