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Strawberry Fields REIT LLC (STRW) 10-Year Financial Performance & Capital Metrics

STRW • • REIT / Real Estate
Real EstateHealthcare REITsSenior housing and skilled nursing
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 $117M +17.3%
  • FFO $38M +19.6%
  • FFO/Share 5.37 +6.8%
  • FFO Payout 10.54% +17.5%
  • FFO per Share 5.37 +6.8%
  • NOI Margin 87% +2.4%
  • FFO Margin 32.71% +1.9%
  • ROE 6.26% +21.2%
  • ROA 0.58% +36.0%
  • Debt/Assets 85.29% -2.2%
  • Net Debt/EBITDA 6.53 -4.5%
  • Book Value/Share 11.73 +58.0%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓FFO growing 39.4% TTM
  • ✓Sustainable FFO payout ratio of 10.5%
  • ✓High NOI margin of 87.0%
  • ✓Healthy dividend yield of 4.4%
  • ✓Trading at only 1.1x book value

✗Weaknesses

  • ✗High debt to equity ratio of 8.0x
  • ✗Shares diluted 11.9% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y10.38%
TTM29.76%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-8.45%
TTM110.17%

EPS CAGR

10Y-
5Y-
3Y104.35%
TTM21.15%

ROCE

10Y Avg8.25%
5Y Avg8.25%
3Y Avg8.85%
Latest8.96%

Peer Comparison

Senior housing and skilled nursing
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
Famous Investor Metrics
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
OHIOmega Healthcare Investors, Inc.13.47B48.2731.1410.7%50.19%10.98%5.56%1.02
NHINational Health Investors, Inc.4.06B84.0727.8412.07%380.47%92.81%5.83%
CTRECareTrust REIT, Inc.9.05B40.6225.87108.71%80.64%6.51%4.35%
STRWStrawberry Fields REIT LLC167.94M12.8022.4617.29%4.83%11.22%21.04%8.04
LTCLTC Properties, Inc.1.92B39.6815.7525.26%44.88%10.15%7.07%0.55
SBRASabra Health Care REIT, Inc.5.17B20.5510.15%19.99%5.48%6.74%0.45

Compare STRW vs Peers

Analyze head-to-head performance against top industry competitors across valuation, growth, and profitability metrics.

vs OHI

Compare head-to-head with Omega Healthcare Investors, Inc.

vs CTRE

Compare head-to-head with CareTrust REIT, Inc.

Compare Top 5

vs OHI, CTRE, SBRA, NHI

Profit & Loss

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+84.09M87.03M92.54M99.81M117.06M
Revenue Growth %-3.5%6.33%7.85%17.29%
Property Operating Expenses10.34M11.36M13.66M15.02M15.22M
Net Operating Income (NOI)+-----
NOI Margin %-----
Operating Expenses+34.21M38.91M28.93M37.35M40.54M
G&A Expenses6.24M8.07M7.72M7.33M8.4M
EBITDA+66.45M64.53M78.73M76.97M95.5M
EBITDA Margin %-----
Depreciation & Amortization+26.92M27.77M28.79M29.53M34.19M
D&A / Revenue %-----
Operating Income+39.54M36.76M49.95M47.44M61.3M
Operating Margin %-----
Interest Expense+23.76M21.37M21.21M25.43M33.64M
Interest Coverage1.66x1.72x2.35x1.87x1.82x
Non-Operating Income3.89M6.97M12.31M1.76M1.16M
Pretax Income+11.89M8.42M16.42M20.24M26.5M
Pretax Margin %-----
Income Tax+00000
Effective Tax Rate %-----
Net Income+11.89M5.34M1.85M2.5M4.09M
Net Margin %-----
Net Income Growth %--55.11%-65.29%34.77%64.06%
Funds From Operations (FFO)+-----
FFO Margin %-----
FFO Growth %--14.68%-7.45%4.51%19.57%
FFO per Share+-----
FFO Payout Ratio %-----
EPS (Diluted)+-2.060.070.310.390.57
EPS Growth %-103.24%364.07%25.81%46.15%
EPS (Basic)-2.070.070.310.390.57
Diluted Shares Outstanding5.88M5.88M6.01M6.37M7.12M

Balance Sheet

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+523.68M569.96M547M616.79M787.59M
Asset Growth %-8.84%-4.03%12.76%27.69%
Real Estate & Other Assets+5.52M468.02M444.88M527.85M620.5M
PP&E (Net)408.47M2.06M1.83M1.54M1.2M
Investment Securities00000
Total Current Assets+92M85.22M88.66M78.8M137.94M
Cash & Equivalents17.81M26.21M20.2M12.17M48.37M
Receivables1000K1000K1000K1000K1000K
Other Current Assets52.96M25.92M25.51M25.59M45.28M
Intangible Assets16.36M13.34M10.31M7.28M26.62M
Total Liabilities510.26M534.91M497.62M569.52M704.02M
Total Debt+488.81M503.86M457.25M537.99M671.74M
Net Debt471M477.66M437.05M525.81M623.37M
Long-Term Debt486.47M501.8M455.42M536.44M670.53M
Short-Term Borrowings00000
Capital Lease Obligations2.35M2.06M1.83M1.54M1.2M
Total Current Liabilities+13.15M20.65M13.72M16.91M18.72M
Accounts Payable13.15M0000
Deferred Revenue00000
Other Liabilities8.3M10.4M26.64M14.63M13.56M
Total Equity+13.42M35.05M49.38M47.27M83.57M
Equity Growth %-161.18%40.9%-4.27%76.78%
Shareholders Equity13.42M2.27M7.79M7.51M18.17M
Minority Interest032.78M41.6M39.77M65.4M
Common Stock00001K
Additional Paid-in Capital63.94M4.33M5.79M5.75M16.54M
Retained Earnings-26.74M393K1.61M1.23M1.29M
Preferred Stock00000
Return on Assets (ROA)2.27%0.98%0.33%0.43%0.58%
Return on Equity (ROE)88.58%22.02%4.39%5.16%6.26%
Debt / Assets93.34%88.4%83.59%87.22%85.29%
Debt / Equity36.42x14.38x9.26x11.38x8.04x
Net Debt / EBITDA7.09x7.40x5.55x6.83x6.53x
Book Value per Share2.285.968.227.4311.73

Cash Flow

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+37.34M44.79M50.93M54.94M59.33M
Operating CF Growth %-19.93%13.71%7.89%7.98%
Operating CF / Revenue %-----
Net Income11.89M8.42M16.42M2.5M26.5M
Depreciation & Amortization26.92M27.77M28.79M29.53M34.19M
Stock-Based Compensation0250K000
Other Non-Cash Items250K1.09M12.14M19.17M4.49M
Working Capital Changes-1.71M2.88M-6.42M3.75M-5.86M
Cash from Investing+-6.43M-58.29M-10.1M-106.35M-136.78M
Acquisitions (Net)00000
Purchase of Investments00-513K-108.06M0
Sale of Investments0-1000K000
Other Investing-6.43M-54.45M-9.59M1.71M-112.78M
Cash from Financing+-26.1M23.57M-47.25M43.46M133.34M
Dividends Paid0-1.52M-637K-2.87M-4.04M
Common Dividends00-637K-2.87M-4.04M
Debt Issuance (Net)-1000K1000K-1000K1000K1000K
Share Repurchases000-46K-2.47M
Other Financing00-12.35M-37.16M-24.24M
Net Change in Cash+4.81M10.07M-6.42M-7.95M55.9M
Exchange Rate Effect00000
Cash at Beginning37.24M42.06M52.13M45.7M37.76M
Cash at End42.06M52.13M45.7M37.76M93.66M
Free Cash Flow+37.34M44.79M50.93M54.94M35.33M
FCF Growth %-19.93%13.71%7.89%-35.7%
FCF / Revenue %-----

Key Ratios

Metric20202021202220232024
FFO per Share6.65.635.15.035.37
FFO Payout Ratio0%4.58%2.08%8.97%10.54%
NOI Margin87.7%86.95%85.24%84.95%87%
Net Debt / EBITDA7.09x7.40x5.55x6.83x6.53x
Debt / Assets93.34%88.4%83.59%87.22%85.29%
Interest Coverage1.66x1.72x2.35x1.87x1.82x
Book Value / Share2.285.968.227.4311.73
Revenue Growth-3.5%6.33%7.85%17.29%

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