CareTrust REIT Financial Statements
NYSE: CTREReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
CareTrust REIT revenue and earnings
In fiscal 2025, CareTrust REIT generated $476.4 million in revenue, up 60.8% from fiscal 2024, its 13th consecutive year of revenue growth. Net income was $320.5 million (+156.3% year over year), for a net margin of 67.3% versus a median of 37.4% in the prior 5 years. Diluted earnings per share came in at $1.57, up from $0.80.
Over the last 5 fiscal years, CTRE's revenue has grown at a 21.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
CareTrust REIT income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 476.39M | 296.29M | 217.77M | 196.13M | 192.35M | 178.33M | 163.40M | 156.94M | 132.98M | 104.68M |
| Revenue growth (YoY) | +60.79% | +36.05% | +11.03% | +1.97% | +7.86% | +9.14% | +4.12% | +18.02% | +27.04% | +39.66% |
| Cost of Revenue | — | — | — | — | 0 | 1.87M | 2.90M | 2.96M | 2.73M | 2.55M |
| Gross Profit | — | — | — | — | 192.35M | 176.46M | 160.50M | 153.98M | 130.25M | 102.13M |
| Operating Expenses | — | — | — | — | — | — | — | 101.07M | 110.65M | 75.06M |
| Interest Expense | 43.71M | 30.31M | 40.88M | 30.01M | 23.68M | 23.66M | 28.13M | 27.86M | 24.20M | 22.87M |
| Other Income (Expense) | 4.35M | 0 | 0 | — | — | — | — | — | — | — |
| Pretax Income | 325.29M | 124.40M | 53.72M | — | — | — | — | — | — | — |
| Income Tax | 5.00M | 0 | 0 | — | — | — | — | — | — | — |
| Net Income | 320.54M | 125.08M | 53.73M | -7.51M | 71.98M | 80.87M | 46.36M | 57.92M | 25.87M | 29.35M |
| Net Income growth (YoY) | +156.27% | +132.77% | — | -110.43% | -10.99% | +74.44% | -19.96% | +123.87% | -11.85% | +192.54% |
| EPS (Basic) | 1.57 | 0.81 | 0.50 | -0.08 | 0.74 | 0.85 | 0.49 | 0.73 | 0.35 | 0.52 |
| EPS (Diluted) | 1.57 | 0.80 | 0.50 | -0.08 | 0.74 | 0.85 | 0.49 | 0.72 | 0.35 | 0.52 |
| Shares Outstanding (Basic) | 203.64M | 154.79M | 105.96M | 96.70M | 96.02M | 95.20M | 93.09M | 79.39M | 72.65M | 56.03M |
| Shares Outstanding (Diluted) | 204.09M | 155.17M | 106.15M | 96.70M | 96.09M | 95.21M | 93.10M | 79.39M | 72.65M | 56.03M |
| Gross Margin | — | — | — | — | 100.00% | 98.95% | 98.23% | 98.11% | 97.94% | 97.56% |
| Net Margin | 67.28% | 42.22% | 24.68% | -3.83% | 37.42% | 45.35% | 28.37% | 36.91% | 19.46% | 28.04% |
This table shows 10 annual periods of CareTrust REIT's income statement, from FY 2025 back to FY 2016, across 15 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CTRE's reporting calendar. What is a income statement?