Care Trust Reit Inc - Understand $ctre stock

$CTRE Market Cap: $5.689 Billion

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Financial Snapshot

Revenue

$269.1M

TTM

Gross Margin

98.29%

TTM

Net Earnings

$99.11M

TTM

Current Assets

$411.8M

Q3 2024

Current Liabilities

$99.44M

Q3 2024

Current Ratio

414.13%

Q3 2024

Total Assets

$2.921B

Q3 2024

Total Liabilities

$496.1M

Q3 2024

Book Value

$2.425B

Q3 2024

Cash

$377.1M

Q3 2024

P/E

57.40

Nov 13, 2024 EST

Free Cash Flow

-$96.89M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$217.8M	$196.1M	$192.4M	$178.3M	$163.4M	$156.9M	$133.0M	$104.7M	$74.95M	$58.90M	$48.80M	$42.06M
YoY Change	11.03%	1.97%	7.86%	9.14%	4.12%	18.02%	27.04%	39.66%	27.26%	20.7%	16.01%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$217.8M	$196.1M	$192.4M	$178.3M	$163.4M	$156.9M	$133.0M	$104.7M	$74.95M	$58.90M	$48.80M	$42.06M
Cost Of Revenue	$3.423M	$5.039M	$0.00	$1.869M	$2.898M	$2.964M	$2.733M	$2.549M
Gross Profit	$214.3M	$191.1M	$192.4M	$176.5M	$160.5M	$154.0M	$130.2M	$102.1M
Gross Profit Margin	98.43%	97.43%	100.0%	98.95%	98.23%	98.11%	97.94%	97.56%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$27.98M	$24.50M	$30.45M	$19.10M	$18.20M	$24.50M	$21.40M	$17.10M	$13.20M	$16.10M	$10.60M	$6.300M
YoY Change	14.19%	-19.54%	59.41%	4.95%	-25.71%	14.49%	25.15%	29.55%	-18.01%	51.89%	68.25%
% of Gross Profit	13.05%	12.82%	15.83%	10.82%	11.34%	15.91%	16.43%	16.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$51.26M	$50.38M	$55.39M	$52.82M	$51.87M	$45.78M	$39.18M	$31.98M	$24.13M	$23.00M	$23.40M	$21.10M
YoY Change	1.74%	-9.06%	4.88%	1.84%	13.29%	16.86%	22.5%	32.52%	4.93%	-1.71%	10.9%
% of Gross Profit	23.91%	26.36%	28.8%	29.93%	32.31%	29.73%	30.08%	31.31%
Operating Expenses	$79.17M	$74.81M	$85.79M	$73.80M	$74.00M	$101.1M	$110.6M	$75.06M	$64.92M	$67.04M	$49.07M	$41.83M
YoY Change	5.83%	-12.79%	16.24%	-0.27%	-26.78%	-8.66%	47.41%	15.63%	-3.17%	36.63%	17.3%
Operating Profit	$135.2M	$116.3M	$106.6M	$102.7M	$86.50M	$52.91M	$19.60M	$27.07M
YoY Change	16.25%	9.12%	3.8%	18.68%	63.5%	169.9%	-27.58%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	$40.88M	$30.01M	$23.68M	$23.66M	$28.13M	$27.86M	$24.20M	$22.90M	$24.05M	$21.62M	$12.65M	$12.21M
YoY Change	36.24%	26.74%	0.07%	-15.87%	0.95%	15.14%	5.66%	-4.77%	11.22%	70.97%	3.6%
% of Operating Profit	30.24%	25.81%	22.22%	23.05%	32.51%	52.66%	123.43%	84.6%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$53.72M	-$7.506M	$71.98M	$80.90M	$46.40M	$57.90M	$25.90M	$29.40M	$10.03M	-$8.143M	-$272.0K	$232.0K
YoY Change	-815.72%	-110.43%	-11.02%	74.35%	-19.86%	123.55%	-11.9%	193.0%	-223.22%	2893.75%	-217.24%
Income Tax									$0.00	$0.00	$123.0K	$122.0K
% Of Pretax Income									0.0%			52.59%
Net Earnings	$53.74M	-$7.506M	$71.98M	$80.87M	$46.36M	$57.92M	$25.87M	$29.35M	$10.03M	-$8.143M	-$395.0K	$110.0K
YoY Change	-815.89%	-110.43%	-10.99%	74.44%	-19.96%	123.87%	-11.85%	192.54%	-223.22%	1961.52%	-459.09%
Net Earnings / Revenue	24.68%	-3.83%	37.42%	45.35%	28.37%	36.91%	19.46%	28.04%	13.39%	-13.83%	-0.81%	0.26%
Basic Earnings Per Share	$0.50	-$0.08	$0.74	$0.85	$0.49	$0.73	$0.35	$0.52	$0.26	-$0.36	-$0.02	$0.00
Diluted Earnings Per Share	$0.50	-$0.08	$0.74	$0.85	$0.49	$0.72	$0.35	$0.52	$0.26	-$0.36	-$0.02	$0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Cash & Short-Term Investments	$294.4M	$13.18M	$19.90M	$18.90M	$20.30M	$36.80M	$6.900M	$7.500M	$11.50M	$25.30M	$900.0K
YoY Change	2134.39%	-33.76%	5.26%	-6.9%	-44.84%	433.33%	-8.0%	-34.78%	-54.55%	2711.11%
Cash & Equivalents	$294.4M	$13.18M	$19.90M	$18.90M	$20.30M	$36.80M	$6.900M	$7.500M	$11.50M	$25.30M	$900.0K
Short-Term Investments
Other Short-Term Assets	$23.34M	$11.69M	$7.512M	$10.50M	$10.90M	$8.700M	$900.0K	$1.400M	$2.100M	$800.0K	$900.0K
YoY Change	99.63%	55.62%	-28.46%	-3.67%	25.29%	866.67%	-35.71%	-33.33%	162.5%	-11.11%
Inventory
Prepaid Expenses
Receivables	$395.0K	$416.0K	$2.418M	$1.800M	$2.600M	$11.40M	$5.300M	$5.900M	$2.300M	$2.300M	$0.00
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$318.2M	$25.28M	$29.83M	$31.20M	$33.80M	$56.90M	$13.10M	$14.80M	$15.90M	$28.40M	$1.800M
YoY Change	1158.42%	-15.23%	-4.41%	-7.69%	-40.6%	334.35%	-11.49%	-6.92%	-44.01%	1477.78%
Property, Plant & Equipment	$1.747B	$1.578B	$1.605B	$1.463B	$1.448B	$1.234B	$1.170B	$907.8M	$654.1M	$443.7M	$425.0M
YoY Change	10.76%	-1.7%	9.71%	1.08%	17.27%	5.48%	28.91%	38.79%	47.42%	4.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$19.17M	$17.72M	$5.897M	$9.300M	$37.60M	$600.0K	$1.700M	$2.800M	$3.200M	$3.000M	$3.700M
YoY Change	8.19%	200.47%	-36.59%	-75.27%	6166.67%	-64.71%	-39.29%	-12.5%	6.67%	-18.92%
Total Long-Term Assets	$1.767B	$1.595B	$1.611B	$1.472B	$1.485B	$1.235B	$1.172B	$910.6M	$657.3M	$446.7M	$428.7M
YoY Change	10.73%	-0.96%	9.41%	-0.86%	20.26%	5.38%	28.7%	38.54%	47.15%	4.2%
Total Assets	$2.085B	$1.621B	$1.641B	$1.504B	$1.519B	$1.292B	$1.185B	$925.4M	$673.2M	$475.1M	$430.5M
YoY Change
Accounts Payable	$33.99M	$24.36M	$25.41M	$19.60M	$15.00M	$16.00M	$17.40M	$12.10M	$103.9M	$104.6M	$120.8M
YoY Change	39.54%	-4.12%	29.63%	30.67%	-6.25%	-8.05%	43.8%	-88.35%	-0.67%	-13.41%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$70.52M	$51.91M	$51.69M	$43.90M	$36.70M	$33.80M	$31.40M	$23.20M	$111.6M	$108.5M	$120.8M
YoY Change	35.86%	0.42%	17.75%	19.62%	8.58%	7.64%	35.34%	-79.21%	2.86%	-10.18%
Long-Term Debt	$595.6M	$719.5M	$673.4M	$545.6M	$554.6M	$489.8M	$558.9M	$449.7M	$299.2M	$253.2M	$144.3M
YoY Change	-17.22%	6.85%	23.42%	-1.62%	13.23%	-12.36%	24.28%	50.3%	18.17%	75.47%
Other Long-Term Liabilities											$1.800M
YoY Change
Total Long-Term Liabilities	$595.6M	$719.5M	$673.4M	$545.6M	$554.6M	$489.8M	$558.9M	$449.7M	$299.2M	$253.2M	$146.1M
YoY Change	-17.22%	6.85%	23.42%	-1.62%	13.23%	-12.36%	24.28%	50.3%	18.17%	73.31%
Total Liabilities	$668.0M	$771.4M	$725.1M	$589.4M	$591.3M	$523.5M	$590.4M	$472.9M	$410.9M	$361.7M	$267.8M
YoY Change	-13.4%	6.39%	23.02%	-0.32%	12.95%	-11.33%	24.85%	15.09%	13.6%	35.06%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	106.0M shares	96.70M shares	96.02M shares	95.20M shares	93.09M shares	79.39M shares	72.65M shares	56.03M shares	37.38M shares	22.79M shares	22.23M shares	22.23M shares
Diluted Shares Outstanding	106.2M shares	96.70M shares	96.09M shares	95.21M shares	93.10M shares	79.39M shares	72.65M shares	56.03M shares	37.38M shares	22.79M shares	22.23M shares	22.44M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $5.6889 Billion

About CareTrust REIT Inc

CareTrust REIT, Inc. engages in the ownership, acquisition, and leasing of healthcare-related properties. The company is headquartered in San Clemente, California and currently employs 17 full-time employees. The company went IPO on 2014-05-20. The firm is engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. The company has a portfolio of long-term net-leased properties, and a portfolio of operators leasing them. The company owns, directly or through joint ventures, and leased to independent operators, skilled nursing facilities (SNFs), multi-service campuses, assisted living facilities (ALFs) and independent living facilities (ILFs) consisting of approximately 25,848 operational beds and units located in 29 states. The company leases healthcare-related properties to healthcare operators in triple-net lease arrangements. The company extends secured mortgage loans to healthcare operators, secured by healthcare-related properties and secured mezzanine loans to healthcare operators, secured by membership interests in healthcare-related properties.

Industry: Real Estate Investment Trusts Peers: Community Healthcare Trust Inc Global Medical REIT Inc Welltower Inc LTC PROPERTIES INC MEDICAL PROPERTIES TRUST INC National Health Investors Inc Physicians Realty Trust Omega Healthcare Investors Inc Sabra Health Care REIT Inc Universal Health Realty Income Trust