CareTrust REIT, Inc. logo CTRE - CareTrust REIT, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 13
HOLD 4
SELL 1
STRONG
SELL
0
| PRICE TARGET: $42.78 DETAILS
HIGH: $45.00
LOW: $40.00
MEDIAN: $43.00
CONSENSUS: $42.78
UPSIDE: 3.99%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue
Revenue 476.6 228.3 198.6 187.5 190.2 175.7 159.1 155.4 131.1 103.9 74.0 58.8 48.8 42.1
Cost of Revenue 194.8 13.6 9.6 9.4 3.6 4.7 5.9 14.9 13.0 10.4 7.9 7.2 7.3 6.5
Gross Profit 281.8 214.7 189.0 178.1 186.6 171.0 153.1 140.5 118.1 93.5 66.1 51.6 41.5 35.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0.1 27.9 20.9 19.3 26.9 16.3 15.2 12.6 11.1 9.3 7.7 11.1 5.4 1.8
Other Expenses (38.5) 62.8 52.1 55.1 55.3 52.8 52.9 45.8 49.6 32.0 24.1 23 23.4 21.1
Operating Expenses (38.4) 90.7 73.0 74.3 82.2 69.1 68.1 58.3 60.7 41.3 31.8 34.1 28.9 22.9
Operating Income
Operating Income 320.1 124.1 116.0 103.8 104.4 101.9 85.1 82.2 57.4 52.3 34.3 17.5 12.6 12.6
Interest Expense 43.7 30.3 40.9 30.0 23.7 23.7 28.1 27.9 24.2 22.9 24.0 21.6 12.6 12.2
Interest Income 11.5 68.0 19.2 8.6 2.2 2.6 4.3 1.6 1.9 0.7 1.0 0.1 0 0
Profitability
EBITDA 462.1 211.5 145.8 72.9 151.1 157.3 126.3 129.5 98.5 85.0 24.1 23 36.0 33.7
EBIT 369.0 154.7 94.6 22.5 95.7 104.5 74.5 83.7 50.1 52.2 34.1 13.5 12.4 12.4
Income Before Tax 325.3 124.4 53.7 (7.5) 72.0 80.9 46.4 57.9 25.9 29.4 10.0 (8.1) (0.3) 0.2
Income Tax Expense 5.0 0 0 0 0 0 0 3.6 24.2 23.2 0 0 0.1 0.1
Net Income 320.5 125.1 53.7 (7.5) 72.0 80.9 46.4 57.9 25.9 29.4 10.0 (8.1) (0.4) 0.1
Per Share Data
EPS (Basic) 1.57 0.81 0.50 0.44 0.50 0.60 0.20 0.73 0.36 0.52 0.27 -0.36 -0.02 0.00
EPS (Diluted) 1.57 0.80 0.50 0.44 0.50 0.60 0.20 0.73 0.36 0.52 0.27 -0.36 -0.02 0.00
Shares Outstanding 203.6 154.8 106.0 96.7 96.0 95.2 93.1 79.4 72.6 56.0 37.4 22.6 22.2 22.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 198.0 213.8 294.4 13.2 19.9 18.9 20.3 36.8 6.9 7.5
Short-Term Investments 0 0 0 0 0 0 0 0 0 0
Net Receivables 102.6 97.2 0.4 0.4 2.4 1.8 2.6 11.4 5.3 5.9
Inventory 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 57.3 15.0 12.3 (2.7) 7.2 34.6 0 0 0
Total Current Assets 300.6 368.3 309.9 25.9 27.1 38.4 68.3 56.8 13.1 14.8
Non-Current Assets
Property, Plant & Equipment 0 0 0 0 0 0 0 1,216.2 1,152.3 893.9
Goodwill 0 0 0 0 0 0 0 0 0 0
Intangible Assets 48.3 4.4 5.3 2.8 1.3 2.4 1.6 2.4 2.4 1.9
Long-Term Investments 3,739.8 810.2 0 0 0 0 33.3 18.0 17.9 13.9
Other Non-Current Assets 1,059.7 2,254.1 1,761.4 1,592.1 1,612.4 1,462.8 1,415.6 (1,293.5) (1,185.7) (924.5)
Total Non-Current Assets 4,847.8 3,068.8 1,766.7 1,594.9 1,613.7 1,465.1 1,450.5 1,234.9 1,171.9 910.6
Total Assets 5,148.4 3,437.0 2,084.8 1,620.8 1,640.8 1,503.6 1,518.9 1,291.8 1,185.0 925.4
Current Liabilities
Account Payables 120.4 56.3 34.0 24.4 25.4 19.6 15.0 16.0 17.4 12.1
Short-Term Debt 0 0 0 125 80 50 60 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 195.2 110.7 70.5 176.9 131.7 93.8 96.6 128.8 196.5 118.2
Non-Current Liabilities
Long-Term Debt 894.2 396.9 595.6 594.5 593.4 495.6 494.6 489.8 558.9 449.7
Deferred Tax Liabilities 0 0 0 0 0 0 0 (475.3) (578.2) (459.5)
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0
Total Non-Current Liabilities 894.2 396.9 595.6 594.5 593.4 495.6 494.6 394.8 393.9 354.7
Total Liabilities 1,089.5 507.6 666.1 771.4 725.1 589.4 591.3 523.5 590.4 472.9
Stockholders' Equity
Common Stock 2.2 1.9 1.3 1.0 1.0 1.0 1.0 0.9 0.8 0.6
Retained Earnings (491.8) (532.6) (467.6) (397.0) (282.0) (251.2) (236.3) (198.2) (189.4) (159.7)
Accumulated Other Comprehensive Income 5.9 0 0 0 0 0 0 768.2 594.6 452.4
Total Stockholders' Equity 4,035.3 2,908.4 1,416.8 849.4 915.8 914.1 927.6 768.2 594.6 452.4
Total Liabilities & Equity 5,124.7 3,437.0 2,084.8 1,620.8 1,640.8 1,503.6 1,518.9 1,291.8 1,185.0 925.4
Debt Metrics
Total Debt 894.2 396.9 595.6 719.5 673.4 545.6 554.6 489.8 558.9 449.7
Net Debt 696.2 183.1 301.1 706.3 653.5 526.7 534.3 453.0 552.0 442.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 320.3 124.4 53.7 (7.5) 72.0 80.9 46.4 57.9 25.9 29.4
Depreciation & Amortization 86.4 54.1 50.9 50.4 55.4 52.8 51.9 45.8 39.2 32.0
Stock-Based Compensation 11.9 6.1 5.2 5.8 10.8 3.8 4.1 3.8 2.4 1.5
Change in Working Capital 26.1 19.5 2.4 (0.3) 5.9 5.0 (4.1) (5.5) (4.4) (0.4)
Other Non-Cash Items (50.7) 40.1 42.6 96.1 12.8 3.3 28.0 (2.7) 25.8 1.9
Operating Cash Flow 394.0 244.3 154.8 144.4 156.9 145.7 126.3 99.4 88.8 64.4
Investing Activities
Capital Expenditure (15.0) (8.1) (11.0) (7.3) (6.0) (8.3) (3.4) (107.6) (290.2) (279.3)
Acquisitions 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (30) (52) (1.8) 0 0 0 0 0 0 (4.7)
Sales/Maturities of Investments 0 0 0 0 0 0 2.2 0 7.5 0
Other Investing Activities (1,416.4) (1,453.6) (255.1) (120.1) (186.6) (33.3) (311.9) (115.1) (310.1) (280.0)
Investing Cash Flow (1,461.3) (1,513.7) (267.8) (127.4) (192.6) (41.6) (316.0) (115.1) (302.6) (284.6)
Financing Activities
Net Debt Issuance 243.8 (200) (125) 45 130 (10) 65 (70) 102.4 55.0
Stock Repurchased (3.3) (2.5) (1.5) (4.5) (1.3) (2.0) (2.5) (1.3) (0.9) (0.5)
Dividends Paid (259.3) (172.2) (115.5) (106.1) (100.8) (93.2) (80.6) (63.0) (52.6) (37.3)
Other Financing Activities 1,069.9 8.1 636.3 41.9 8.9 (0.4) 191.4 179.9 164.3 199.1
Financing Cash Flow 1,051.0 1,188.8 394.3 (23.7) 36.7 (105.6) 173.2 45.6 213.2 216.2
Cash Position
Net Change in Cash (15.8) (80.6) 281.3 (6.7) 1.0 (1.4) (16.5) 29.9 (0.6) (4.0)
Cash at Beginning 213.8 294.4 13.2 19.9 18.9 20.3 36.8 6.9 7.5 11.5
Cash at End 198.0 213.8 294.4 13.2 19.9 18.9 20.3 36.8 6.9 7.5
Free Cash Flow 379.0 236.2 143.8 137.1 150.9 137.4 122.9 (8.3) (201.4) (214.9)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Income Statement
Revenue 476.6 228.3 198.6 187.5 190.2 175.7 159.1 155.4 131.1 103.9 74.0 58.8 48.8 42.1
Gross Profit 281.8 214.7 189.0 178.1 186.6 171.0 153.1 140.5 118.1 93.5 66.1 51.6 41.5 35.5
Operating Income 320.1 124.1 116.0 103.8 104.4 101.9 85.1 82.2 57.4 52.3 34.3 17.5 12.6 12.6
Net Income 320.5 125.1 53.7 (7.5) 72.0 80.9 46.4 57.9 25.9 29.4 10.0 (8.1) (0.4) 0.1
EPS (Diluted) 1.57 0.80 0.50 0.44 0.50 0.60 0.20 0.73 0.36 0.52 0.27 -0.36 -0.02 0.00
Balance Sheet
Cash & Equivalents 198.0 213.8 294.4 13.2 19.9 18.9 20.3 36.8 6.9 7.5
Total Assets 5,148.4 3,437.0 2,084.8 1,620.8 1,640.8 1,503.6 1,518.9 1,291.8 1,185.0 925.4
Total Debt 894.2 396.9 595.6 719.5 673.4 545.6 554.6 489.8 558.9 449.7
Stockholders' Equity 4,035.3 2,908.4 1,416.8 849.4 915.8 914.1 927.6 768.2 594.6 452.4
Cash Flow
Operating Cash Flow 394.0 244.3 154.8 144.4 156.9 145.7 126.3 99.4 88.8 64.4
Capital Expenditure (15.0) (8.1) (11.0) (7.3) (6.0) (8.3) (3.4) (107.6) (290.2) (279.3)
Free Cash Flow 379.0 236.2 143.8 137.1 150.9 137.4 122.9 (8.3) (201.4) (214.9)