Overview
Feb 17, 1992Founded1
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
26.2%Gross margin2
0.4%Operating margin2
-8.2%Net margin2
2.2%Revenue growth, 20252
$16.5MFree cash flow2
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Health Care, Resident Service brought in 95% of the revenue Bangkok Dec-con broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Health Care, Resident Service | $2.9B | $3.0B | $3.0B |
| Reimbursement Costs, Managed Communities | $139.3M | $142.9M | $140.5M |
| Management Service | $10.2M | $10.5M | $10.9M |
Business segments
Assisted Living And Memory Care brought in 66% of the revenue Bangkok Dec-con broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Assisted Living And Memory Care | $2.0B | $2.0B | $2.1B |
| Independent Living | $564.5M | $598.9M | $593.8M |
| CCRCs Rental | $333.4M | $334.5M | $345.6M |
| Corporate And All Other | $149.5M | $153.4M | $151.4M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs100¢$3.2B
- Income tax0¢$2.0M
Out of $3.2B in revenue.2 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending92¢$201.5M
- Kept or used elsewhere8¢$16.5M
Out of $218.0M of cash from operations.2
Financial statements
Every line of the income statement in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenue and other operating income | $3.2B | $3.1B | $3.0B |
| Facility operating expense (excluding facility depreciation and amortization of $336,897, $330,664, and $317,581, respectively) | $2.2B | $2.2B | $2.1B |
| General and administrative expense (including non-cash stock-based compensation expense of $11,937, $14,184, and $11,985, respectively) | $195.1M | $185.8M | $178.9M |
| Facility operating lease expense | $200.3M | $200.6M | $202.4M |
| Depreciation and amortization | $355.5M | $357.8M | $342.7M |
| Asset impairment | $71.3M | $8.6M | $40.6M |
| Loss (gain) on sale of communities, net | -$2.4M | $0 | -$36.3M |
| Loss (gain) on facility operating lease termination, net | $4.1M | $0 | $0 |
| Income (loss) from operations | $13.5M | $46.5M | $18.4M |
| Interest income | $12.4M | $19.2M | $23.1M |
| Debt | -$227.5M | -$215.5M | -$209.8M |
| Financing lease obligations | -$10.8M | -$27.8M | -$21.9M |
| Amortization of deferred financing costs | -$14.8M | -$9.7M | -$7.7M |
| Change in fair value of derivatives | -$1.2M | $434.0K | $1.1M |
| Gain (loss) on debt modification and extinguishment, net | -$40.1M | -$20.8M | -$2.7M |
| Equity in earnings (loss) of unconsolidated ventures | $0 | $0 | -$4.0M |
| Non-operating gain (loss) on sale of assets, net | $0 | $923.0K | $1.4M |
| Other non-operating income (loss) | $3.8M | $9.4M | $21.7M |
| Income (loss) before income taxes | -$264.7M | -$197.3M | -$180.3M |
| Benefit (provision) for income taxes | $2.0M | -$4.6M | -$8.8M |
| Net income (loss) | -$262.7M | -$202.0M | -$189.1M |
| Net (income) loss attributable to noncontrolling interest | $54.0K | $59.0K | $59.0K |
| Net income (loss) attributable to Brookdale Senior Living Inc. common stockholders | -$262.7M | -$201.9M | -$189.0M |
| Basic net income (loss) per share attributable to Brookdale Senior Living Inc. common stockholders (in dollars per share) | -$1.12 | -$0.89 | -$0.84 |
| Diluted net income (loss) per share attributable to Brookdale Senior Living Inc. common stockholders (in dollars per share) | -$1.12 | -$0.89 | -$0.84 |
| Weighted average shares used in computing basic net income (loss) per share (in shares) | 235.2M shares | 227.5M shares | 225.2M shares |
| Weighted average shares used in computing diluted net income (loss) per share (in shares) | 235.2M shares | 227.5M shares | 225.2M shares |
| Facility depreciation and amortization | $336.9M | $330.7M | $317.6M |
| Non-cash stock-based compensation expense | $11.9M | $14.2M | $12.0M |
Every line of the balance sheet in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $279.1M | $308.9M | |
| Marketable securities | $0 | $19.9M | |
| Restricted cash | $33.2M | $39.9M | |
| Accounts receivable, net | $67.7M | $51.9M | |
| Assets held for sale | $77.2M | $0 | |
| Prepaid expenses and other current assets, net | $96.7M | $92.4M | |
| Total current assets | $553.9M | $512.9M | |
| Property, plant and equipment and leasehold intangibles, net | $4.3B | $4.6B | |
| Operating lease right-of-use assets | $1.0B | $1.1B | |
| Restricted cash | $30.7M | $31.0M | |
| Goodwill | $27.3M | $27.3M | |
| Other assets, net | $35.5M | $36.0M | |
| Total assets | $6.0B | $6.3B | |
| Current portion of long-term debt | $77.5M | $40.8M | |
| Current portion of financing lease obligations | $1.2M | $37.0M | |
| Current portion of operating lease obligations | $74.5M | $111.1M | |
| Trade accounts payable | $75.1M | $65.5M | |
| Accrued expenses | $273.4M | $264.4M | |
| Refundable fees and deferred revenue | $66.2M | $61.0M | |
| Total current liabilities | $567.9M | $579.8M | |
| Long-term debt, less current portion | $4.2B | $4.0B | |
| Financing lease obligations, less current portion | $24.4M | $266.9M | |
| Operating lease obligations, less current portion | $1.1B | $1.2B | |
| Deferred tax liability | $6.3M | $9.6M | |
| Other liabilities | $58.5M | $69.2M | |
| Total liabilities | $6.0B | $6.1B | |
| Preferred stock, $0.01 par value, 50,000,000 shares authorized at December 31, 2025 and 2024; no shares issued and outstanding | $0 | $0 | |
| Common stock, $0.01 par value, 400,000,000 shares authorized at December 31, 2025 and 2024; 248,274,011 and 210,547,351 shares issued and 237,746,486 and 200,019,826 shares outstanding (including 28,929 and 27,972 unvested restricted shares), respectively | $2.5M | $2.1M | |
| Additional paid-in-capital | $4.4B | $4.4B | |
| Treasury stock, at cost; 10,527,525 shares at December 31, 2025 and 2024 | -$102.8M | -$102.8M | |
| Accumulated deficit | -$4.3B | -$4.0B | |
| Total Brookdale Senior Living Inc. stockholders' equity (deficit) | -$44.8M | $212.5M | |
| Noncontrolling interest | $1.4M | $1.4M | |
| Total equity (deficit) | -$43.4M | $213.9M | $405.2M |
| Total liabilities and equity (deficit) | $6.0B | $6.3B | |
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | |
| Preferred stock, shares authorized (in shares) | 50.0M shares | 50.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | |
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | |
| Common stock, shares authorized (in shares) | 400.0M shares | 400.0M shares | |
| Common stock, shares issued (in shares) | 248.3M shares | 210.5M shares | |
| Common stock, shares outstanding (in shares) | 237.7M shares | 200.0M shares | |
| Unvested restricted shares (in shares) | 4.2M shares | 6.4M shares | 6.4M shares |
| Treasury stock, shares (in shares) | 10.5M shares | 10.5M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | -$262.7M | -$202.0M | -$189.1M |
| Loss (gain) on debt modification and extinguishment, net | $40.1M | $20.8M | $2.7M |
| Depreciation and amortization, net | $370.3M | $367.5M | $350.4M |
| Asset impairment | $71.3M | $8.6M | $40.6M |
| Equity in (earnings) loss of unconsolidated ventures | $0 | $0 | $4.0M |
| Distributions from unconsolidated ventures from cumulative share of net earnings | $0 | $0 | $430.0K |
| Amortization of entrance fees | $0 | $0 | -$732.0K |
| Proceeds from deferred entrance fee revenue | $0 | $0 | $477.0K |
| Deferred income tax (benefit) provision | -$3.3M | $3.6M | $7.6M |
| Operating lease expense adjustment | -$14.3M | -$48.8M | -$45.7M |
| Change in fair value of derivatives | $1.2M | -$434.0K | -$1.1M |
| Loss (gain) on sale of assets, net | -$2.4M | -$923.0K | -$37.7M |
| Loss (gain) on facility operating lease termination, net | $4.1M | $0 | $0 |
| Non-cash stock-based compensation expense | $11.9M | $14.2M | $12.0M |
| Property and casualty insurance income | -$3.9M | -$8.5M | -$18.9M |
| Other non-operating (income) loss | $0 | $0 | -$2.5M |
| Accounts receivable, net | -$15.8M | -$3.5M | $7.4M |
| Prepaid expenses and other assets, net | -$15.5M | -$21.6M | $21.6M |
| Trade accounts payable and accrued expenses | $4.5M | $15.7M | $2.4M |
| Refundable fees and deferred revenue | $5.3M | $5.2M | -$654.0K |
| Operating lease assets and liabilities for lessor capital expenditure reimbursements | $32.2M | $16.4M | $9.8M |
| Operating lease assets and liabilities for lease termination | -$5.0M | $0 | $0 |
| Net cash provided by operating activities | $218.0M | $166.2M | $162.9M |
| Purchase of marketable securities | $0 | -$49.1M | -$174.5M |
| Sale and maturities of marketable securities | $20.0M | $60.0M | $197.1M |
| Capital expenditures, net of related payables | -$201.5M | -$201.2M | -$233.2M |
| Acquisition of assets, net of cash acquired | -$311.0M | -$108.4M | -$574.0K |
| Investment in unconsolidated ventures | $0 | $0 | -$7.6M |
| Proceeds from sale of assets, net | $26.1M | $7.0M | $83.5M |
| Property and casualty insurance proceeds | $3.9M | $8.5M | $24.7M |
| Change in lease acquisition deposits, net | $5.0M | -$5.0M | $0 |
| Purchase of interest rate cap instruments | -$3.8M | -$10.1M | -$12.5M |
| Proceeds from interest rate cap instruments | $5.6M | $20.6M | $9.9M |
| Other | -$222.0K | -$330.0K | -$286.0K |
| Net cash provided by (used in) investing activities | -$456.0M | -$278.1M | -$113.4M |
| Proceeds from debt | $918.1M | $765.7M | $205.5M |
| Repayment of debt and financing lease obligations | -$692.4M | -$595.0M | -$367.2M |
| Payment of financing costs, net of related payables | -$18.1M | -$25.2M | -$10.8M |
| Payments of employee taxes for withheld shares | -$6.5M | -$3.4M | -$1.9M |
| Net cash provided by (used in) financing activities | $201.1M | $142.1M | -$174.4M |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | -$36.8M | $30.2M | -$124.9M |
Timeline
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataBangkok Dec-con on Wikidata
- 2SEC EDGARBangkok Dec-con 10-K for fiscal 2025
- 3SEC EDGARBangkok Dec-con 10-K for fiscal 2019
- 4SEC EDGARBangkok Dec-con 10-K for fiscal 2020
- 5SEC EDGARBangkok Dec-con 10-K for fiscal 2021
- 6SEC EDGARBangkok Dec-con 10-K for fiscal 2022
- 7SEC EDGARBangkok Dec-con 10-Q for fiscal 2026
- 8SEC EDGARBangkok Dec-con 10-Q for fiscal 2026
- 9SEC EDGARBangkok Dec-con 10-K for fiscal 2019