CareTrust REIT (CTRE) financial statements
CareTrust REIT reported revenue of $1M in fiscal 2025, down 9.4% a year over 9 years.
Net income was $321M.
Free cash flow was $379M, and the company returned $259M in dividends.
The diluted share count rose 264% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from CareTrust REIT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | $3M | $2M | $0 | $0 | $0 | $0 | $1M |
| Cost of revenue | $3M | $3M | $3M | $3M | $2M | $0 | — | — | — | — |
| Gross profit | $421,000 | $495,000 | $415,000 | $491,000 | $208,000 | $0 | — | — | — | — |
| Selling, general and admin | $9M | $11M | $13M | $15M | $16M | $27M | $20M | $22M | $29M | $52M |
| Operating income | — | -$107M | -$98M | -$115M | -$95M | -$109M | -$193M | -$160M | -$178M | -$205M |
| Interest expense | $23M | $24M | $28M | $28M | $24M | $24M | $30M | $41M | $30M | $44M |
| Pre-tax income | — | — | — | — | — | — | — | $54M | $124M | $325M |
| Income tax | — | — | — | — | — | — | — | $0 | $0 | $5M |
| Net income | $29M | $26M | $58M | $46M | $81M | $72M | -$8M | $54M | $125M | $321M |
| EPS (diluted) | $0.52 | $0.35 | $0.72 | $0.49 | $0.85 | $0.74 | -$0.08 | $0.50 | $0.80 | $1.57 |
| Diluted shares | 56M | 73M | 79M | 93M | 95M | 96M | 97M | 106M | 155M | 204M |
| Gross margin | 14.2% | 15.3% | 12.3% | 14.5% | 10.0% | — | — | — | — | — |
| Operating margin | — | -3327.7% | -2891.1% | -3406.0% | -4590.8% | — | — | — | — | -16753.6% |
| Net margin | 988.3% | 801.5% | 1714.2% | 1367.9% | 3893.5% | — | — | — | — | 26166.4% |
Balance sheet
Fiscal years, from CareTrust REIT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $8M | $7M | $37M | $20M | $19M | $20M | $13M | $294M | $214M | $198M |
| Total assets | $925M | $1.2B | $1.3B | $1.5B | $1.5B | $1.6B | $1.6B | $2.1B | $3.4B | $5.1B |
| Total liabilities | $473M | $590M | $524M | $591M | $589M | $725M | $771M | $666M | $508M | $1.1B |
| Shareholders' equity | $452M | $595M | $768M | $928M | $914M | $916M | $849M | $1.4B | $2.9B | $4.0B |
| Net debt | -$8M | -$7M | -$37M | -$20M | -$19M | -$20M | -$13M | -$294M | -$214M | -$198M |
Cash flow
Fiscal years, from CareTrust REIT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $64M | $89M | $99M | $126M | $146M | $157M | $144M | $155M | $244M | $394M |
| Capital spending | $151,000 | $403,000 | $2M | $3M | $8M | $6M | $7M | $11M | $8M | $15M |
| Free cash flow | $64M | $88M | $98M | $123M | $137M | $151M | $137M | $144M | $236M | $379M |
| Stock-based compensation | $2M | $2M | $4M | $4M | $4M | $11M | $6M | $5M | $6M | $12M |
| Dividends paid | $37M | $53M | $63M | $81M | $93M | $101M | $106M | $115M | $172M | $259M |
| Free cash flow margin | 2164.3% | 2738.4% | 2887.7% | 3640.0% | 6617.1% | — | — | — | — | 30941.8% |
| Dividends per share | $0.67 | $0.72 | $0.79 | $0.87 | $0.98 | $1.05 | $1.10 | $1.09 | $1.11 | $1.27 |
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Open CTRE in InvestinglyQuestions
What was CareTrust REIT's revenue in 2025?
$1M in fiscal 2025, from its 10-K filing.
How much free cash flow does CareTrust REIT generate?
$379M in fiscal 2025 (operating cash flow minus capital spending).
From CareTrust REIT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.