Financial Snapshot

Revenue
$138.8M
TTM
Gross Margin
Net Earnings
$3.527M
TTM
Current Assets
$14.51M
Q4 2024
Current Liabilities
$57.04M
Q4 2024
Current Ratio
25.44%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$555.9M
Q4 2024
Cash
Q4 2024
P/E
136.0
Apr 09, 2025 EST
Free Cash Flow
-$25.36M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $138.8M $141.0M $137.3M $115.9M $93.73M $70.73M $53.19M $30.34M $8.211M $2.062M $600.0K $0.00 $0.00 $0.00 $0.00
YoY Change -1.61% 2.74% 18.41% 23.69% 32.53% 32.96% 75.3% 269.55% 298.21% 243.67%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $138.8M $141.0M $137.3M $115.9M $93.73M $70.73M $53.19M $30.34M $8.211M $2.062M $600.0K $0.00 $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

Operating Profits/Loss

No data

Operating Profits/Loss YoY Change

No data

Operating Earnings to Gross Profit Ratio

No data

Operating Profit Margin

No data

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Selling, General & Admin $21.12M $16.85M $16.55M $16.45M $29.96M $12.80M $9.960M $8.610M $5.730M $870.0K $350.0K $50.00K $50.00K $0.00 $0.00
YoY Change 25.34% 1.86% 0.56% -45.08% 134.06% 28.51% 15.68% 50.26% 558.62% 148.57% 600.0% 0.0%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $40.43M $41.27M $40.01M $33.83M $26.75M $19.07M $13.64M $7.929M $2.335M $660.0K $200.0K $130.0K
YoY Change -2.03% 3.14% 18.28% 26.46% 40.29% 39.74% 72.08% 239.57% 253.79% 230.0% 53.85%
% of Gross Profit
Operating Expenses $105.7M $134.0M $124.0M $98.66M $96.23M $61.14M $46.31M $30.43M $14.56M $3.671M $560.0K $50.00K $50.00K $0.00 $0.00
YoY Change -21.1% 8.04% 25.72% 2.53% 57.4% 32.03% 52.17% 108.95% 296.74% 555.52% 1020.0% 0.0%
Operating Profit
YoY Change
Operating Profit To Gross Profit
Operating Profit To Revenue

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Interest Expense -$28.71M $30.89M $25.23M $19.70M $18.68M $17.47M $14.98M $7.435M $4.139M $1.519M -$450.0K -$300.0K
YoY Change -192.93% 22.45% 28.1% 5.44% 6.91% 16.67% 101.41% 79.63% 172.46% -437.58% 50.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Pretax Income $6.692M $21.73M $20.00M $18.34M -$2.500M $9.590M $14.56M -$90.00K -$6.350M -$1.610M -$410.0K -$50.00K -$50.00K $0.00 $0.00
YoY Change -69.21% 8.69% 9.02% -833.68% -126.07% -34.13% -16277.78% -98.58% 294.41% 292.68% 720.0% 0.0%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings $6.692M $21.73M $20.00M $18.34M -$2.499M $9.588M $14.56M -$87.00K -$6.353M -$1.609M -$410.0K -$50.00K -$50.00K $0.00 $0.00
YoY Change -69.21% 8.69% 9.02% -833.97% -126.06% -34.15% -16836.78% -98.63% 294.84% 292.44% 720.0% 0.0%
Net Earnings / Revenue 4.82% 15.41% 14.57% 15.82% -2.67% 13.56% 27.37% -0.29% -77.37% -78.03% -68.33%
Basic Earnings Per Share $0.01 $0.23 $0.20 $0.19 -$0.17 $0.10
Diluted Earnings Per Share $0.01 $0.23 $0.20 $0.19 -$0.17 $0.10 $614.0K -$2.039K -$682.8K -$6.440M -$1.640M -$2.500M -$5.000M $0.00 $0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

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 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Cash & Short-Term Investments $6.815M $1.278M $4.016M $7.213M $5.500M $2.800M $3.600M $5.100M $19.70M $9.200M $100.0K $0.00 $0.00 $0.00 $0.00
YoY Change 433.26% -68.18% -44.32% 31.15% 96.43% -22.22% -29.41% -74.11% 114.13% 9100.0%
Cash & Equivalents $6.815M $1.278M $4.016M $7.213M $5.500M $2.800M $3.600M $5.100M
Short-Term Investments
Other Short-Term Assets $0.00 $0.00 $0.00 $0.00
YoY Change
Inventory
Prepaid Expenses
Receivables $0.00 $0.00
Other Receivables $0.00 $0.00
Total Short-Term Assets $14.51M $8.233M $12.26M $13.45M $11.20M $7.800M $6.500M $5.800M $19.90M $9.200M $100.0K $200.0K
YoY Change 76.23% -32.82% -8.85% 20.05% 43.59% 20.0% 12.07% -70.85% 116.3% 9100.0% -50.0%
Property, Plant & Equipment $1.116B $1.122B $1.198B $1.116B $978.7M $793.0M $616.9M $457.9M $196.4M $55.10M $24.00M $21.70M
YoY Change -0.54% -6.4% 7.38% 14.02% 23.42% 28.55% 34.72% 133.15% 256.44% 129.58% 10.6%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.066M
YoY Change
Other Assets $32.50M $34.63M $49.27M $38.84M $30.80M $22.60M $12.30M $7.600M $3.800M $1.000M $200.0K
YoY Change -6.16% -29.71% 26.86% 26.09% 36.28% 83.74% 61.84% 100.0% 280.0% 400.0%
Total Long-Term Assets $1.242B $1.259B $1.381B $1.250B $1.090B $877.1M $629.6M $466.0M $207.4M $56.10M $24.20M -$200.0K
YoY Change -1.39% -8.8% 10.48% 14.71% 24.24% 39.31% 35.11% 124.69% 269.7% 131.82% -12200.0%
Total Assets $1.256B $1.268B $1.393B $1.263B $1.101B $884.9M $636.1M $471.8M $227.3M $65.30M $24.30M $0.00 $0.00 $100.0K $100.0K
YoY Change
Accounts Payable $16.47M $12.78M $13.82M $10.34M $7.300M $5.100M $0.00 $0.00 $0.00
YoY Change 28.85% -7.51% 33.59% 41.7% 43.14%
Accrued Expenses $7.461M $7.680M $2.922M $4.479M $6.200M $2.400M $3.700M $2.000M $600.0K $700.0K $300.0K $0.00 $0.00 $0.00 $0.00
YoY Change -2.85% 162.83% -34.76% -27.76% 158.33% -35.14% 85.0% 233.33% -14.29% 133.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $400.0K $400.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 0.0%
Long-Term Debt Due $13.27M $4.500M
YoY Change
Total Short-Term Liabilities $57.04M $40.28M $38.02M $35.03M $30.30M $25.20M $15.90M $10.80M $5.900M $1.900M $600.0K $4.900M
YoY Change 41.6% 5.94% 8.54% 15.61% 20.24% 58.49% 47.22% 83.05% 210.53% 216.67% -87.76%
Long-Term Debt $632.9M $611.2M $694.1M $571.7M $586.6M $386.2M $315.0M $200.7M $66.10M $63.50M $21.90M $0.00 $0.00 $0.00 $0.00
YoY Change 3.54% -11.94% 21.41% -2.54% 51.89% 22.6% 56.95% 203.63% 4.09% 189.95%
Other Long-Term Liabilities $10.67M $10.37M $12.05M $19.15M $26.30M $13.20M $5.500M $1.300M $300.0K
YoY Change 2.84% -13.96% -37.05% -27.19% 99.24% 140.0% 323.08% 333.33%
Total Long-Term Liabilities $643.5M $621.6M $706.2M $590.9M $612.9M $399.4M $320.5M $202.0M $66.40M $63.50M $21.90M $0.00 $0.00 $0.00 $0.00
YoY Change 3.53% -11.98% 19.51% -3.59% 53.46% 24.62% 58.66% 204.22% 4.57% 189.95%
Total Liabilities $722.4M $684.1M $760.3M $640.7M $656.1M $454.7M $366.8M $225.5M $72.30M $65.50M $22.60M $0.00 $0.00 $0.00 $0.00
YoY Change 5.59% -10.02% 18.66% -2.35% 44.29% 23.96% 62.66% 211.89% 10.38% 189.82%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Basic Shares Outstanding 65.94M 65.55M 65.46M 60.64M 46.26M 33.87M
Diluted Shares Outstanding 65.94M 65.55M 65.46M 60.64M 46.26M 33.87M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

Stock Price

Market Cap: $479.52 Million

About Global Medical REIT Inc.

Global Medical REIT, Inc. engages in the acquisition of purpose-built healthcare facilities and the leasing of those properties to healthcare systems and physician groups. The company is headquartered in Bethesda, Maryland and currently employs 26 full-time employees. The company went IPO on 2012-11-02. The firm acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems. The firm conducts its business through a wholly owned subsidiaries of its operating partnership, Global Medical REIT L.P. The company owns 92.91% of the outstanding common operating partnership units (OP Units) of its operating partnership, with an aggregate of 7.09% of the Operating Partnership owned by holders of long-term incentive plan units (LTIP Units) and third-party limited partners who contributed properties or services to the operating partnership in exchange for OP Units. Its portfolio includes medical office buildings (MOBs), inpatient rehab. facility (IRF), surgical hospital and others. The firm's portfolio is located in various areas, including Texas, Florida, Ohio, Oklahoma, Pennsylvania, Arizona, and Illinois.

Industry: Real Estate Investment Trusts Peers: National Healthcare Properties Inc CareTrust REIT Inc Community Healthcare Trust Inc DIVERSIFIED HEALTHCARE TRUST SELECTIS HEALTH, INC. WELLTOWER INC. LTC Properties Inc National Health Investors Inc Universal Health Realty Income Trust