CareTrust REIT, Inc. (CTRE) Financial Ratios
14 years of historical data (2012–2025) · Real Estate · REIT - Healthcare Facilities
EV/EBITDA
↓
15.21
↓-13% vs avg
5yr avg: 17.41
30Y Low10.2·High24.2
P/FCF
↑
22.24
↑+38% vs avg
5yr avg: 16.13
30Y Low13.1·High18.7
P/B Ratio
↓
1.99
+5% vs avg
5yr avg: 1.89
30Y Low1.0·High2.5
ROE
↑
9.2%
↓+72% vs avg
5yr avg: 5.3%
30Y Low-6%·High9%
Debt/EBITDA
↓
N/A
—
5yr avg: 3.66
30Y Low2.2·High8.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CTRE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
CareTrust REIT, Inc. trades at 25.1x earnings, 34% below its 5-year average of 37.9x, sitting at the 9th percentile of its historical range. This is roughly in line with the Real Estate sector median P/E of 24.1x. On a free-cash-flow basis, the stock trades at 22.2x P/FCF, 38% above the 5-year average of 16.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $8.8B | $7.4B | $4.2B | $2.4B | $1.8B | $2.2B | $2.1B | $1.9B | $1.5B | $1.2B | $858M |
| Enterprise Value | $8.6B | $7.2B | $4.4B | $2.7B | $2.5B | $2.8B | $2.6B | $2.5B | $1.9B | $1.8B | $1.3B |
| P/E Ratio → | 25.06 | 23.03 | 33.81 | 44.76 | 42.23 | 45.66 | 36.97 | 103.15 | 25.29 | 46.56 | 29.46 |
| P/S Ratio | 18.39 | 15.49 | 18.39 | 11.96 | 9.58 | 11.53 | 12.02 | 12.08 | 9.43 | 9.29 | 8.26 |
| P/B Ratio | 1.99 | 1.83 | 1.43 | 1.67 | 2.12 | 2.40 | 2.31 | 2.07 | 1.20 | 1.06 | 0.96 |
| P/FCF | 22.24 | 18.73 | 17.77 | 16.52 | 13.10 | 14.54 | 15.36 | 15.62 | — | — | — |
| P/OCF | 22.24 | 18.73 | 17.18 | 15.35 | 12.44 | 13.98 | 14.49 | 15.21 | 14.75 | 13.71 | 13.32 |
P/E links to full P/E history page with 30-year chart
CTRE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
CareTrust REIT, Inc.'s enterprise value stands at 15.2x EBITDA, 13% below its 5-year average of 17.4x. The Real Estate sector median is 16.7x, placing the stock at a 9% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 15.08 | 19.19 | 13.48 | 13.35 | 14.97 | 15.02 | 15.43 | 12.35 | 13.50 | 12.51 |
| EV / EBITDA | 15.21 | 12.76 | 24.22 | 16.01 | 16.23 | 17.82 | 17.05 | 17.93 | 10.47 | 12.21 | 10.21 |
| EV / EBIT | 18.22 | — | 28.31 | 28.29 | 111.24 | 29.76 | 25.24 | 32.96 | 22.91 | 35.34 | 24.90 |
| EV / FCF | — | 18.23 | 18.55 | 18.62 | 18.25 | 18.87 | 19.20 | 19.97 | — | — | — |
CTRE Profitability
Margins and return-on-capital ratios measuring operating efficiency
CareTrust REIT, Inc. earns an operating margin of 98.7%, significantly above the Real Estate sector average of 26.0%. Operating margins have expanded from 58.4% to 98.7% over the past 3 years, signaling improving operational efficiency. ROE of 9.2% is modest. ROIC of 10.1% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 98.9% | 98.9% | 94.1% | 95.2% | 95.0% | 98.1% | 97.3% | 96.3% | 90.4% | 90.1% | 90.0% |
| Operating Margin | 98.7% | 98.7% | 54.3% | 58.4% | 55.4% | 54.9% | 58.0% | 53.5% | 52.9% | 43.8% | 50.3% |
| Net Profit Margin | 67.3% | 67.3% | 54.8% | 27.1% | -4.0% | 37.8% | 46.0% | 29.1% | 37.3% | 19.7% | 28.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.2% | 9.2% | 5.8% | 4.7% | -0.9% | 7.9% | 8.8% | 4.3% | 4.9% | 2.5% | 5.1% |
| ROA | 7.5% | 7.5% | 4.5% | 2.9% | -0.5% | 4.6% | 5.4% | 3.3% | 4.7% | 2.5% | 3.7% |
| ROIC | 10.1% | 10.1% | 3.9% | 5.3% | 5.0% | 5.2% | 5.3% | 4.1% | 3.7% | 2.8% | 4.0% |
| ROCE | 11.0% | 11.0% | 4.6% | 6.7% | 7.0% | 7.2% | 7.2% | 6.6% | 7.6% | 6.4% | 7.4% |
CTRE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $198M exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 10.8x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 0.14 | 0.42 | 0.85 | 0.74 | 0.60 | 0.60 | 0.40 | 0.49 | 0.50 |
| Debt / EBITDA | — | — | 2.19 | 3.56 | 4.67 | 4.21 | 3.53 | 4.05 | 2.67 | 3.86 | 3.53 |
| Net Debt / Equity | — | -0.05 | 0.06 | 0.21 | 0.83 | 0.71 | 0.58 | 0.58 | 0.37 | 0.48 | 0.49 |
| Net Debt / EBITDA | -0.35 | -0.35 | 1.01 | 1.80 | 4.58 | 4.09 | 3.40 | 3.90 | 2.47 | 3.81 | 3.47 |
| Debt / FCF | — | -0.50 | 0.78 | 2.09 | 5.15 | 4.33 | 3.83 | 4.35 | — | — | — |
| Interest Coverage | 10.76 | 10.76 | 4.09 | 2.84 | 3.46 | 4.41 | 4.31 | 3.02 | 2.95 | 2.37 | 2.29 |
Net cash position: cash ($198M) exceeds total debt ($0)
CTRE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio has declined from 4.39x to 3.33x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | 3.33 | 4.39 | 0.15 | 0.21 | 0.41 | 0.71 | 0.44 | 0.07 | 0.12 |
| Quick Ratio | — | — | 3.33 | 4.39 | 0.15 | 0.21 | 0.41 | 0.71 | 0.44 | 0.07 | 0.12 |
| Cash Ratio | 1.93 | — | 1.93 | 4.18 | 0.07 | 0.15 | 0.20 | 0.21 | 0.29 | 0.04 | 0.06 |
| Asset Turnover | — | 0.09 | 0.07 | 0.10 | 0.12 | 0.12 | 0.12 | 0.10 | 0.12 | 0.11 | 0.11 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
CTRE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
CareTrust REIT, Inc. returns 3.2% to shareholders annually primarily through dividends. The earnings yield of 4.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.2% | 3.5% | 4.1% | 4.9% | 5.9% | 4.6% | 4.4% | 4.2% | 4.3% | 4.3% | 4.3% |
| Payout Ratio | — | — | 137.6% | 214.9% | — | 140.0% | 115.2% | 173.9% | 108.8% | 203.2% | 127.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.0% | 4.3% | 3.0% | 2.2% | 2.4% | 2.2% | 2.7% | 1.0% | 4.0% | 2.1% | 3.4% |
| FCF Yield | 4.5% | 5.3% | 5.6% | 6.1% | 7.6% | 6.9% | 6.5% | 6.4% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.1% | 0.1% | 0.2% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Total Shareholder Yield | 3.2% | 3.5% | 4.2% | 4.9% | 6.2% | 4.7% | 4.5% | 4.3% | 4.4% | 4.4% | 4.4% |
| Shares Outstanding | — | $204M | $155M | $106M | $97M | $96M | $95M | $93M | $79M | $73M | $56M |
Peer Comparison
Compare CTRE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CTREYou | $9B | 25.1 | 15.2 | 22.2 | 98.9% | 98.7% | 9.2% | 10.1% | — |
 SBRA | $5B | 31.8 | 16.9 | 14.7 | 65.0% | 34.1% | 5.6% | 3.8% | 5.7 |
 LTC | $2B | 15.2 | 10.1 | 13.6 | 96.9% | 79.4% | 10.7% | 8.9% | 2.6 |
 GMRE | $94M | 115.3 | 8.3 | — | 78.9% | 23.6% | 1.1% | 2.0% | 7.4 |
 CHCT | $504M | 227.9 | 16.3 | 8.9 | 8.7% | 16.7% | 1.1% | 1.6% | 8.4 |
 OHI | $14B | 23.8 | 16.7 | 15.6 | 44.5% | 62.6% | 11.6% | 6.0% | 4.0 |
 VTR | $41B | 160.7 | 24.4 | 31.3 | -5.9% | 14.2% | 2.1% | 2.5% | 6.0 |
 WELL | $150B | 154.2 | 66.8 | 52.7 | 39.2% | 3.3% | 2.5% | 0.5% | 8.6 |
 HR | $7B | -28.1 | 16.8 | 54.7 | -33.6% | 8.0% | -4.9% | 0.7% | 6.3 |
 DOC | $11B | 165.1 | 13.3 | 10.0 | 22.5% | 19.3% | 0.8% | 2.3% | 6.5 |
 NHI | $4B | 24.2 | 16.8 | 16.1 | 36.7% | 51.5% | 9.7% | 5.6% | 4.2 |
| Real Estate Median | — | 24.1 | 16.7 | 15.4 | 52.1% | 26.0% | 3.5% | 3.0% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 14 years · Updated daily
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Start ComparisonCTRE — Frequently Asked Questions
Quick answers to the most common questions about buying CTRE stock.
What is CareTrust REIT, Inc.'s P/E ratio?
CareTrust REIT, Inc.'s current P/E ratio is 25.1x. The historical average is 42.9x. This places it at the 9th percentile of its historical range.
What is CareTrust REIT, Inc.'s EV/EBITDA?
CareTrust REIT, Inc.'s current EV/EBITDA is 15.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.3x.
What is CareTrust REIT, Inc.'s ROE?
CareTrust REIT, Inc.'s return on equity (ROE) is 9.2%. The historical average is 3.7%.
Is CTRE stock overvalued?
Based on historical data, CareTrust REIT, Inc. is trading at a P/E of 25.1x. This is at the 9th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is CareTrust REIT, Inc.'s dividend yield?
CareTrust REIT, Inc.'s current dividend yield is 3.23%.
What are CareTrust REIT, Inc.'s profit margins?
CareTrust REIT, Inc. has 98.9% gross margin and 98.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.