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May 8, 2026·SEC
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May 8, 2026·SEC
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Strawberry Fields REIT LLC(STRW)Earnings, Financials & Key Ratios
STRW•AMEX•REIT / Real Estate
22.2× P/E·Price updated Jun 19, 2026
AboutStrawberry Fields REIT LLC, a self-managed and self-administered real estate investment trust, engages in the acquisition, ownership, and leasing of skilled nursing facilities and other post-acute healthcare properties. Its portfolio consists of 79 healthcare properties with an aggregate of 10,426 licensed beds. These properties are located across Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee, and Texas. The company is based in South Bend, Indiana.Show more
- Revenue$155M+32.4%
- FFO$54M+40.6%
- FFO/Share4.24-21.1%
- FFO Payout14.18%+34.6%
- FFO per Share4.24-21.1%
- NOI Margin30.09%-65.4%
- FFO Margin34.73%+6.2%
- ROE11.3%+80.5%
- ROA0.91%+55.3%
STRW Key Insights
Strawberry Fields REIT LLC (STRW) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓FFO growing 64.2% TTM
- ✓Sustainable FFO payout ratio of 14.2%
- ✓Healthy dividend yield of 4.5%
- ✓Trading near 52-week high
✗Weaknesses
- ✗High debt to equity ratio of 15.7x
- ✗Low NOI margin of 30.1%
- ✗Dividend payout exceeds 100% of earnings
- ✗Shares diluted 78.2% in last year
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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STRW Price & Volume
Strawberry Fields REIT LLC (STRW) stock price & volume — 10-year historical chart
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STRW Growth Metrics
Strawberry Fields REIT LLC (STRW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years13.01%
3 Years18.76%
TTM24.57%
Profit CAGR
10 Years-
5 Years-8.62%
3 Years59.92%
TTM359.34%
EPS CAGR
10 Years-
5 Years-
3 Years24.62%
TTM6.67%
Return on Capital
10 Years8.59%
5 Years8.77%
3 Years9.22%
Last Year10.33%
STRW Recent Earnings
Strawberry Fields REIT LLC (STRW) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (50%)●Beat Revenue 5/12 qtrs (50%)
Q2 2026Latest
May 8, 2026Metric
Actual
Est
EPS
$0.17+4.1%
$0.16
Rev
$40M-0.7%
$40M
Q1 2026
Feb 19, 2026Metric
Actual
Est
EPS
$0.16+12.3%
$0.14
Rev
$40M-0.5%
$40M
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$0.16+23.1%
$0.13
Rev
$40M+3.4%
$38M
Q3 2025
Aug 8, 2025Metric
Actual
Est
EPS
$0.16-46.7%
$0.30
Rev
$38M+0.6%
$38M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 8, 2026 | $0.17vs $0.16+4.1% | $40Mvs $40M-0.7% |
| Q1 2026 | Feb 19, 2026 | $0.16vs $0.14+12.3% | $40Mvs $40M-0.5% |
| Q4 2025 | Nov 6, 2025 | $0.16vs $0.13+23.1% | $40Mvs $38M+3.4% |
| Q3 2025 | Aug 8, 2025 | $0.16vs $0.30-46.7% | $38Mvs $38M+0.6% |
Based on last 12 quarters of dataView full earnings history →
STRW Peer Comparison
Strawberry Fields REIT LLC (STRW) competitors in Senior housing and skilled nursing — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SBRA | 4.57B | 18.12 | 28.31 | 10.15% | 19.21% | 5.6% | 0.90 | |
 CTRE | 8.76B | 37.06 | 23.61 | 108.79% | 71.55% | 8.63% | 0.22 | |
 LTC | 1.86B | 36.37 | 14.43 | 25.26% | 39.08% | 10.9% | 0.73 | |
 GMRE | 94.26M | 35.74 | 115.29 | 7.08% | -8.18% | -2.31% | ||
 OHI | 13.26B | 44.53 | 22.95 | 13.95% | 51.02% | 11.85% | 0.78 | |
 NHI | 3.43B | 70.82 | 23.45 | 12.93% | 36.76% | 9.78% | 0.76 | |
 WELL | 144.78B | 206.65 | 148.67 | 35.82% | 12.31% | 3.49% | 0.49 | |
 VTR | 38.8B | 81.61 | 151.13 | 18.47% | 4.25% | 2.08% | 1.05 |
Compare STRW vs Peers
Strawberry Fields REIT LLC (STRW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
STRW Income Statement
Strawberry Fields REIT LLC (STRW) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
Revenue | 84.09M | 87.03M | 92.54M | 99.81M | 117.06M | 155M | 157.65M |
Revenue Growth % | - | 3.5% | 6.33% | 7.85% | 17.29% | 32.41% | 24.57% |
Property Operating Expenses | 10.34M | 11.36M | 13.66M | 15.02M | 15.22M | 108.35M | 73.93M |
Net Operating Income (NOI) | 73.75M▲ 0% | 75.67M▲ 2.6% | 78.88M▲ 4.2% | 84.79M▲ 7.5% | 101.84M▲ 20.1% | 46.65M▼ 54.2% | 83.72M▲ 0% |
NOI Margin % | 87.7% | 86.95% | 85.24% | 84.95% | 87% | 30.09% | 53.1% |
Operating Expenses | 34.21M | 38.91M | 28.93M | 37.35M | 40.54M | -37.64M | -2.5M |
G&A Expenses | 6.24M | 8.07M | 7.72M | 7.33M | 8.4M | 8.61M | 8.54M |
EBITDA | 66.45M | 64.53M | 78.73M | 76.97M | 95.5M | 130.53M | 132.92M |
EBITDA Margin % | 79.03% | 74.15% | 85.08% | 77.12% | 81.58% | 84.22% | 84.31% |
Depreciation & Amortization | 26.92M | 27.77M | 28.79M | 29.53M | 34.19M | 46.25M | 46.7M |
D&A / Revenue % | 32.01% | 31.91% | 31.11% | 29.58% | 29.21% | 29.84% | 29.62% |
Operating Income | 39.54M▲ 0% | 36.76M▼ 7.0% | 49.95M▲ 35.9% | 47.44M▼ 5.0% | 61.3M▲ 29.2% | 84.29M▲ 37.5% | 86.22M▲ 0% |
Operating Margin % | 47.02% | 42.24% | 53.97% | 47.53% | 52.37% | 54.38% | 54.69% |
Interest Expense | 23.76M | 21.37M | 21.21M | 25.43M | 33.64M | 50.95M | 4M |
Interest Coverage | 1.50x | 1.39x | 1.77x | 1.80x | 1.79x | 1.65x | - |
Non-Operating Income | 3.89M | 6.97M | 12.31M | 1.76M | 1.16M | 28K | -293K |
Pretax Income | 11.89M▲ 0% | 8.42M▼ 29.2% | 16.42M▲ 95.0% | 20.24M▲ 23.3% | 26.5M▲ 30.9% | 33.31M▲ 25.7% | 35.79M▲ 0% |
Pretax Margin % | 14.14% | 9.67% | 17.74% | 20.28% | 22.64% | 21.49% | 22.7% |
Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Net Income | 11.89M▲ 0% | 5.34M▼ 55.1% | 1.85M▼ 65.3% | 2.5M▲ 34.8% | 4.09M▲ 64.1% | 7.58M▲ 85.0% | 22.66M▲ 0% |
Net Margin % | 14.14% | 6.13% | 2% | 2.5% | 3.5% | 4.89% | 14.37% |
Net Income Growth % | - | -55.11% | -65.29% | 34.77% | 64.06% | 84.98% | 359.34% |
Funds From Operations (FFO) | 38.8M▲ 0% | 33.11M▼ 14.7% | 30.64M▼ 7.5% | 32.02M▲ 4.5% | 38.29M▲ 19.6% | 53.82M▲ 40.6% | 69.36M▲ 0% |
FFO Margin % | 46.15% | 38.04% | 33.11% | 32.08% | 32.71% | 34.73% | 43.99% |
FFO Growth % | - | -14.68% | -7.45% | 4.51% | 19.57% | 40.58% | 240.51% |
FFO per Share | 6.60 | 5.63 | 5.10 | 5.03 | 5.37 | 4.24 | 5.20 |
FFO Payout Ratio % | 0% | 4.58% | 2.08% | 8.97% | 10.54% | 14.18% | 8.54% |
EPS (Diluted) | -2.06▲ 0% | 0.07▲ 103.2% | 0.31▲ 364.1% | 0.39▲ 25.8% | 0.57▲ 46.2% | 0.60▲ 5.3% | 1.70▲ 0% |
EPS Growth % | - | 103.24% | 364.07% | 25.81% | 46.15% | 5.26% | 6.67% |
EPS (Basic) | -2.07 | 0.07 | 0.31 | 0.39 | 0.57 | 0.60 | - |
Diluted Shares Outstanding | 5.88M | 5.88M | 6.01M | 6.37M | 7.12M | 12.7M | 13.34M |
STRW Balance Sheet
Strawberry Fields REIT LLC (STRW) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
Total Assets | 523.68M | 569.96M | 547M | 616.79M | 787.59M | 885.23M | 878.63M |
Asset Growth % | - | 8.84% | -4.03% | 12.76% | 27.69% | 12.4% | 91.87% |
Real Estate & Other Assets | 5.52M | 468.02M | 444.88M | 527.85M | 620.5M | 693.64M | -677.91M |
PP&E (Net) | 408.47M | 2.06M | 1.83M | 1.54M | 1.2M | 851K | 760K |
Investment Securities | 0 | 0 | 0 | 0 | 0 | 0 | 1000K |
Total Current Assets | 92M | 85.22M | 88.66M | 78.8M | 137.94M | 122.38M | 73.44M |
Cash & Equivalents | 17.81M | 26.21M | 20.2M | 12.17M | 48.37M | 31.81M | 36.55M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Other Current Assets | 52.96M | 25.92M | 25.51M | 25.59M | 45.28M | 34.95M | 0 |
Intangible Assets | 16.36M | 13.34M | 10.31M | 7.28M | 26.62M | 67.03M | 66.14M |
Total Liabilities | 510.26M | 534.91M | 497.62M | 569.52M | 704.02M | 834.7M | 828M |
Total Debt | 488.81M | 503.86M | 457.25M | 537.99M | 671.74M | 791.35M | 788.73M |
Net Debt | 471M | 477.66M | 437.05M | 525.81M | 623.37M | 759.54M | 752.18M |
Long-Term Debt | 486.47M | 501.8M | 455.42M | 536.44M | 670.53M | 790.5M | 533.12M |
Short-Term Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 254.85M |
Capital Lease Obligations | 2.35M | 2.06M | 1.83M | 1.54M | 1.2M | 851K | 3.58M |
Total Current Liabilities | 13.15M | 20.65M | 13.72M | 16.91M | 18.72M | 22.37M | 254.85M |
Accounts Payable | 13.15M | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | 8.3M | 10.4M | 26.64M | 14.63M | 13.56M | 20.98M | 39.27M |
Total Equity | 13.42M▲ 0% | 35.05M▲ 161.2% | 49.38M▲ 40.9% | 47.27M▼ 4.3% | 83.57M▲ 76.8% | 50.52M▼ 39.5% | 50.63M▲ 0% |
Equity Growth % | - | 161.18% | 40.9% | -4.27% | 76.78% | -39.54% | -36.58% |
Shareholders Equity | 13.42M | 2.27M | 7.79M | 7.51M | 18.17M | 12.11M | 12.23M |
Minority Interest | 0 | 32.78M | 41.6M | 39.77M | 65.4M | 38.42M | 38.41M |
Common Stock | 0 | 0 | 0 | 0 | 1K | 1K | 1K |
Additional Paid-in Capital | 63.94M | 4.33M | 5.79M | 5.75M | 16.54M | 18.55M | 19.13M |
Retained Earnings | -26.74M | 393K | 1.61M | 1.23M | 1.29M | 1.23M | 1.37M |
Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Return on Assets (ROA) | 2.27% | 0.98% | 0.33% | 0.43% | 0.58% | 0.91% | 2.56% |
Return on Equity (ROE) | 88.58% | 22.02% | 4.39% | 5.16% | 6.26% | 11.3% | 39.34% |
Debt / Assets | 93.34% | 88.4% | 83.59% | 87.22% | 85.29% | 89.4% | 89.77% |
Debt / Equity | 36.42x | 14.38x | 9.26x | 11.38x | 8.04x | 15.66x | 15.58x |
Net Debt / EBITDA | 7.09x | 7.40x | 5.55x | 6.83x | 6.53x | 5.82x | 5.66x |
Book Value per Share | 2.28 | 5.96 | 8.22 | 7.43 | 11.73 | 3.98 | 3.79 |
STRW Cash Flow Statement
Strawberry Fields REIT LLC (STRW) cash flow — operating, investing & free cash flow history
| Metric | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
Cash from Operations | 37.34M | 44.79M | 50.93M | 54.94M | 59.33M | 90.04M | 88.56M |
Operating CF Growth % | - | 19.93% | 13.71% | 7.89% | 7.98% | 51.76% | 95% |
Operating CF / Revenue % | 44.41% | 51.46% | 55.03% | 55.05% | 50.68% | 58.09% | 56.18% |
Net Income | 11.89M | 8.42M | 16.42M | 2.5M | 26.5M | 33.31M | 22.66M |
Depreciation & Amortization | 26.92M | 27.77M | 28.79M | 29.53M | 34.19M | 46.6M | 58.2M |
Stock-Based Compensation | 0 | 250K | 0 | 0 | 0 | 1.69M | 1.62M |
Other Non-Cash Items | 250K | 1.09M | 12.14M | 19.17M | 4.49M | 6.18M | -18.78M |
Working Capital Changes | -1.71M | 2.88M | -6.42M | 3.75M | -5.86M | 2.26M | -4.12M |
Cash from Investing | -6.43M | -58.29M | -10.1M | -106.35M | -136.78M | -111.87M | -83.27M |
Acquisitions (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Purchase of Investments | 0 | 0 | -513K | -108.06M | 0 | 0 | -159.76M |
Sale of Investments | 0 | -3.84M | 0 | 0 | 0 | 0 | 81K |
Other Investing | -6.43M | -54.45M | -9.59M | 1.71M | -112.78M | -111.87M | 76.42M |
Cash from Financing | -26.1M | 23.57M | -47.25M | 43.46M | 133.34M | -5.06M | -6.73M |
Dividends Paid | 0 | -1.52M | -637K | -2.87M | -4.04M | -7.63M | -8.06M |
Common Dividends | 0 | 0 | -637K | -2.87M | -4.04M | -7.63M | -5.92M |
Debt Issuance (Net) | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 0 |
Share Repurchases | 0 | 0 | 0 | -46K | -2.47M | -652K | -652K |
Other Financing | 0 | 0 | -12.35M | -37.16M | -24.24M | -27.63M | -28.7M |
Net Change in Cash | 4.81M▲ 0% | 10.07M▲ 109.2% | -6.42M▼ 163.8% | -7.95M▼ 23.7% | 55.9M▲ 803.5% | -26.9M▼ 148.1% | -1.43M▲ 0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 37.24M | 42.06M | 52.13M | 45.7M | 37.76M | 93.66M | 66.76M |
Cash at End | 42.06M | 52.13M | 45.7M | 37.76M | 93.66M | 66.76M | 69.66M |
Free Cash Flow | 37.34M▲ 0% | 44.79M▲ 19.9% | 50.93M▲ 13.7% | 54.94M▲ 7.9% | 35.33M▼ 35.7% | 90.04M▲ 154.8% | 88.56M▲ 0% |
FCF Growth % | - | 19.93% | 13.71% | 7.89% | -35.7% | 154.85% | 26.21% |
FCF / Revenue % | 44.41% | 51.46% | 55.03% | 55.05% | 30.18% | 58.09% | 56.18% |
STRW Key Ratios
Strawberry Fields REIT LLC (STRW) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|
FFO per Share | 5.63 | 5.1 | 5.03 | 5.37 | 4.24 | 5.2 |
FFO Payout Ratio | 4.58% | 2.08% | 8.97% | 10.54% | 14.18% | 8.54% |
NOI Margin | 86.95% | 85.24% | 84.95% | 87% | 30.09% | 53.1% |
Net Debt / EBITDA | 7.40x | 5.55x | 6.83x | 6.53x | 5.82x | 5.66x |
Debt / Assets | 88.4% | 83.59% | 87.22% | 85.29% | 89.4% | 89.77% |
Interest Coverage | 1.39x | 1.77x | 1.80x | 1.79x | 1.65x | - |
Book Value / Share | 5.96 | 8.22 | 7.43 | 11.73 | 3.98 | 3.79 |
Revenue Growth | 3.5% | 6.33% | 7.85% | 17.29% | 32.41% | 24.57% |
Related:STRW Dividend History·STRW Revenue History·STRW Price History·STRW P/E History·STRW Financial Ratios·STRW Institutional Holders
STRW SEC Filings & Documents
Strawberry Fields REIT LLC (STRW) SEC filings — annual & quarterly reports (10-K, 10-Q)
STRW Frequently Asked Questions
Strawberry Fields REIT LLC (STRW) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Strawberry Fields REIT LLC (STRW) reported $157.7M in revenue for fiscal year 2025. This represents a 87% increase from $84.1M in 2020.
Strawberry Fields REIT LLC (STRW) grew revenue by 32.4% over the past year. This is strong growth.
Yes, Strawberry Fields REIT LLC (STRW) is profitable, generating $22.7M in net income for fiscal year 2025 (4.9% net margin).
Dividend & Returns
Yes, Strawberry Fields REIT LLC (STRW) pays a dividend with a yield of 4.51%. This makes it attractive for income-focused investors.
Strawberry Fields REIT LLC (STRW) has a return on equity (ROE) of 11.3%. This is reasonable for most industries.
Industry Metrics
Strawberry Fields REIT LLC (STRW) generated Funds From Operations (FFO) of $69.4M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Strawberry Fields REIT LLC (STRW) offers a 4.51% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.