Sabra Health Care Reit, Inc. - Understand $sbra stock

$SBRA Market Cap: $4.36 Billion

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Financial Snapshot

Revenue

$684.3M

TTM

Gross Margin

70.87%

TTM

Net Earnings

$97.17M

TTM

Current Assets

$177.3M

Q3 2024

Current Liabilities

$122.8M

Q3 2024

Current Ratio

144.34%

Q3 2024

Total Assets

$5.366B

Q3 2024

Total Liabilities

$2.621B

Q3 2024

Book Value

$2.745B

Q3 2024

Cash

$63.00M

Q3 2024

P/E

44.87

Nov 29, 2024 EST

Free Cash Flow

$158.2M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$647.5M	$624.8M	$569.5M	$598.6M	$661.7M	$623.4M	$408.3M	$260.5M	$238.9M	$183.5M	$134.8M	$103.2M	$84.23M	$8.800M
YoY Change	3.63%	9.7%	-4.85%	-9.55%	6.15%	52.69%	56.71%	9.07%	30.16%	36.16%	30.64%	22.49%	857.1%	-87.46%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$647.5M	$624.8M	$569.5M	$598.6M	$661.7M	$623.4M	$408.3M	$260.5M	$238.9M	$183.5M	$134.8M	$103.2M	$84.23M	$8.800M
Cost Of Revenue	$177.3M	$143.0M	$117.5M	$106.7M	$86.30M	$49.50M	$17.90M	$5.700M	$2.600M	$1.900M
Gross Profit	$470.2M	$481.7M	$451.6M	$491.9M	$508.6M	$573.9M	$390.4M	$254.8M	$236.3M	$181.6M
Gross Profit Margin	72.62%	77.1%	79.29%	82.18%	76.86%	92.06%	95.62%	97.8%	98.93%	98.95%

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	2011	2010
Selling, General & Admin	$47.66M	$39.72M	$38.30M	$34.10M	$31.70M	$75.50M	$49.50M	$23.20M	$28.90M	$27.40M	$16.40M	$16.10M	$14.50M	$1.600M
YoY Change	20.01%	3.68%	12.33%	7.57%	-58.01%	52.53%	113.36%	-19.72%	5.47%	67.07%	1.86%	11.03%	806.25%
% of Gross Profit	10.14%	8.24%	8.48%	6.93%	6.23%	13.16%	12.68%	9.11%	12.23%	15.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$183.1M	$187.8M	$179.0M	$176.7M	$181.5M	$191.4M	$113.9M	$68.47M	$63.08M	$43.33M	$33.28M	$30.26M	$26.59M	$3.100M
YoY Change	-2.5%	4.91%	1.28%	-2.65%	-5.14%	68.05%	66.32%	8.55%	45.57%	30.2%	9.97%	13.81%	757.77%	-87.03%
% of Gross Profit	38.94%	38.98%	39.64%	35.93%	35.7%	33.35%	29.17%	26.87%	26.69%	23.86%
Operating Expenses	$248.7M	$247.1M	$237.5M	$231.5M	$235.4M	$266.9M	$163.4M	$91.60M	$2.576M	$1.930M	$49.70M	$46.40M	$41.10M	$4.600M
YoY Change	0.63%	4.04%	2.6%	-1.66%	-11.8%	63.34%	78.38%	3455.9%	33.47%	-96.12%	7.11%	12.9%	793.48%	-80.75%
Operating Profit	$221.5M	$234.6M	$214.0M	$260.4M	$273.2M	$307.0M	$227.0M	$163.2M	$233.7M	$179.7M
YoY Change	-5.58%	9.6%	-17.8%	-4.69%	-11.01%	35.24%	39.09%	-30.17%	30.09%

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	2011	2010
Interest Expense	-$115.9M	-$203.5M	-$290.7M	-$110.9M	-$133.4M	-$152.5M	-$88.40M	-$64.90M	-$59.20M	-$47.00M	-$40.50M	-$34.30M	-$30.30M	-$3.900M
YoY Change	-43.07%	-30.0%	162.14%	-16.87%	-12.52%	72.51%	36.21%	9.63%	25.96%	16.05%	18.08%	13.2%	676.92%	-87.04%
% of Operating Profit	-52.3%	-86.74%	-135.82%	-42.59%	-48.83%	-49.67%	-38.94%	-39.77%	-25.33%	-26.16%
Other Income/Expense, Net	-$75.57M	-$13.52M	-$21.95M	$4.484M	-$11.95M	$129.8M	$52.01M	$3.999M	$2.099M	$1.600M	-$800.0K	$2.200M
YoY Change	458.98%	-38.4%	-589.47%	-137.54%	-109.21%	149.48%	1200.63%	90.52%	31.19%	-300.0%	-136.36%

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	2011	2010
Pretax Income	$18.66M	$21.67M	$80.67M	$155.7M	$79.22M	$287.6M	$159.0M	$71.25M	$80.13M	$46.90M	$33.70M	$19.51M	$12.84M	$200.0K
YoY Change	-13.91%	-73.14%	-48.2%	96.58%	-72.45%	80.84%	123.17%	-11.08%	70.86%	39.17%	72.71%	51.95%	6321.0%	-98.77%
Income Tax	$2.002M	$1.242M	$1.845M	$710.0K	$3.402M	$3.011M	$651.0K	$1.049M	$749.0K	$0.00	$0.00	$0.00	$0.00	$200.0K
% Of Pretax Income	10.73%	5.73%	2.29%	0.46%	4.29%	1.05%	0.41%	1.47%	0.93%	0.0%	0.0%	0.0%	0.0%	100.0%
Net Earnings	$13.76M	-$77.61M	-$113.3M	$138.4M	$69.00M	$279.1M	$158.4M	$70.28M	$79.41M	$46.95M	$33.72M	$19.51M	$12.84M	$0.00
YoY Change	-117.73%	-31.48%	-181.82%	100.62%	-75.28%	76.21%	125.37%	-11.51%	69.14%	39.26%	72.78%	51.95%		-100.0%
Net Earnings / Revenue	2.12%	-12.42%	-19.89%	23.12%	10.43%	44.77%	38.79%	26.97%	33.25%	25.58%	25.01%	18.91%	15.25%	0.0%
Basic Earnings Per Share	$0.06	-$0.34	-$0.52	$0.67	$0.37	$1.51	$1.40	$0.92	$1.11	$0.79	$0.69	$0.53	$0.43
Diluted Earnings Per Share	$0.06	-$0.34	-$0.52	$0.67	$0.37	$1.51	$1.40	$0.92	$1.11	$0.78	$0.68	$0.52	$0.43	$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	2012	2011	2010
Cash & Short-Term Investments	$41.29M	$49.31M	$112.0M	$59.10M	$39.10M	$50.20M	$518.6M	$25.70M	$7.400M	$61.80M	$4.300M	$17.10M	$42.30M	$74.20M
YoY Change	-16.27%	-55.97%	89.5%	51.15%	-22.11%	-90.32%	1917.9%	247.3%	-88.03%	1337.21%	-74.85%	-59.57%	-42.99%
Cash & Equivalents	$41.29M	$49.31M	$112.0M	$59.10M	$39.10M	$50.20M	$518.6M	$25.70M	$7.400M	$61.80M	$4.300M	$17.10M	$42.30M	$74.20M
Short-Term Investments
Other Short-Term Assets								$125.3M	$111.8M	$98.70M	$63.30M	$29.60M	$17.10M	$12.00M
YoY Change								12.08%	13.27%	55.92%	113.85%	73.1%	42.5%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$175.1M	$197.2M	$250.1M	$219.7M	$172.8M	$188.0M	$661.6M	$151.0M	$119.2M	$160.5M	$67.60M	$46.70M	$59.40M	$86.20M
YoY Change	-11.22%	-21.15%	13.84%	27.14%	-8.09%	-71.58%	338.15%	26.68%	-25.73%	137.43%	44.75%	-21.38%	-31.09%
Property, Plant & Equipment	$4.617B	$4.959B	$5.163B	$5.285B	$5.351B	$5.854B	$5.994B	$2.010B	$2.040B	$1.646B	$915.4M	$827.1M	$653.4M	$482.3M
YoY Change	-6.9%	-3.94%	-2.31%	-1.23%	-8.59%	-2.35%	198.24%	-1.46%	23.93%	79.79%	10.68%	26.58%	35.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$194.7M	$186.0M	$153.7M	$332.7M	$363.8M	$384.4M
YoY Change	4.65%	21.01%	-53.79%	-8.55%	-5.36%
Other Assets	$5.434M	$4.624M	$3.890M	$6.400M	$10.00M	$9.400M	$68.80M	$9.000M	$9.800M	$7.000M	$5.400M	$31.00M	$36.90M	$31.00M
YoY Change	17.52%	18.87%	-39.22%	-36.0%	6.38%	-86.34%	664.44%	-8.16%	40.0%	29.63%	-82.58%	-15.99%	19.03%
Total Long-Term Assets	$5.211B	$5.550B	$5.717B	$5.766B	$5.897B	$6.477B	$6.371B	$2.115B	$2.350B	$1.904B	$1.106B	$870.2M	$690.3M	$513.4M
YoY Change	-6.11%	-2.91%	-0.85%	-2.21%	-8.97%	1.67%	201.23%	-9.99%	23.38%	72.19%	27.1%	26.06%	34.46%
Total Assets	$5.386B	$5.748B	$5.967B	$5.986B	$6.069B	$6.665B	$7.032B	$2.266B	$2.469B	$2.065B	$1.174B	$916.9M	$749.7M	$599.6M
YoY Change
Accounts Payable	$120.5M	$124.1M	$121.5M	$130.2M	$98.40M	$90.30M	$102.5M	$39.60M	$35.20M	$31.80M	$22.20M	$11.70M	$14.10M	$9.300M
YoY Change	-2.88%	2.12%	-6.69%	32.32%	8.97%	-11.9%	158.84%	12.5%	10.69%	43.24%	89.74%	-17.02%	51.61%
Accrued Expenses	$16.50M	$18.20M	$21.50M	$16.10M	$9.800M
YoY Change	-9.34%	-15.35%	33.54%	64.29%
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	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$137.0M	$142.3M	$143.0M	$146.3M	$108.2M	$90.30M	$102.5M	$39.60M	$35.20M	$31.80M	$22.20M	$35.90M	$39.60M	$35.60M
YoY Change	-3.71%	-0.51%	-2.26%	35.21%	19.82%	-11.9%	158.84%	12.5%	10.69%	43.24%	-38.16%	-9.34%	11.24%
Long-Term Debt	$2.414B	$2.507B	$2.394B	$2.372B	$2.402B	$3.232B	$3.395B	$1.211B	$1.380B	$1.091B	$691.2M	$575.5M	$378.9M	$386.4M
YoY Change	-3.7%	4.69%	0.93%	-1.24%	-25.68%	-4.79%	180.37%	-12.26%	26.44%	57.88%	20.1%	51.89%	-1.94%
Other Long-Term Liabilities	$32.53M	$42.24M	$49.71M	$57.70M	$70.60M	$88.30M	$98.00M					$0.00	$4.500M
YoY Change	-22.99%	-15.02%	-13.84%	-18.27%	-20.05%	-9.9%						-100.0%
Total Long-Term Liabilities	$2.447B	$2.549B	$2.444B	$2.430B	$2.473B	$3.320B	$3.493B	$1.211B	$1.380B	$1.091B	$691.2M	$575.5M	$383.4M	$386.4M
YoY Change	-4.02%	4.29%	0.58%	-1.72%	-25.53%	-4.93%	188.47%	-12.26%	26.44%	57.88%	20.1%	50.1%	-0.78%
Total Liabilities	$2.584B	$2.691B	$2.587B	$2.576B	$2.581B	$3.415B	$3.600B	$1.250B	$1.415B	$1.123B	$713.5M	$611.4M	$423.1M	$422.0M
YoY Change	-4.0%	4.02%	0.42%	-0.17%	-24.43%	-5.13%	187.89%	-11.65%	26.01%	57.39%	16.7%	44.5%	0.26%

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	2011
Basic Shares Outstanding	231.2M shares	230.9M shares	219.1M shares	206.2M shares	187.2M shares	178.3M shares	105.6M shares	65.28M shares	62.24M shares	46.35M shares	37.51M shares	37.06M shares	30.11M shares
Diluted Shares Outstanding	232.8M shares	230.9M shares	219.1M shares	207.3M shares	188.1M shares	178.7M shares	105.8M shares	65.52M shares	62.46M shares	46.89M shares	38.07M shares	37.32M shares	30.17M 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: $4.3603 Billion

About Sabra Health Care REIT, Inc.

Sabra Health Care REIT, Inc. engages in the business of acquiring, financing, and owning real estate property. The company is headquartered in Irvine, California and currently employs 48 full-time employees. The company went IPO on 2010-11-06. The firm's primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector. Its investment portfolio is primarily comprised of skilled nursing/transitional care facilities, senior housing communities (Senior Housing - Leased), behavioral health facilities, and specialty hospitals and other facilities, in each case leased to third-party operators; senior housing communities operated by third-party property managers pursuant to property management agreements (Senior Housing - Managed); investments in joint ventures; loans receivable, and preferred equity investments. Its real estate properties held for investment include approximately 37,834 beds/units, spread across the United States and Canada.

Industry: Real Estate Investment Trusts Peers: CareTrust REIT, Inc. Community Healthcare Trust Inc Healthcare Realty Trust Inc WELLTOWER INC. LTC PROPERTIES INC MEDICAL PROPERTIES TRUST INC NATIONAL HEALTH INVESTORS INC Physicians Realty Trust OMEGA HEALTHCARE INVESTORS INC