CTRE on NYSE
CareTrust REIT, Inc.
Price unavailable
Last updated Oct 16, 2026.
Overview
Compare with Wheeler Real Estate Investment Trust, Inc., Power REIT or American Strategic Investment Co., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Interest12¢$43.7M
- Income tax1¢$5.0M
- Profit87¢$320.5M
Out of $1.2M in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Dividends paid66¢$259.3M
- Kept or used elsewhere34¢$134.7M
Out of $394.0M of cash from operations.3
Financial statements
Every line of the income statement in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Rental income | $368.2M | $228.3M | $198.6M |
| Resident fees and services | $1.2M | $0 | $0 |
| Interest income from financing receivable | $11.5M | $1.0M | $0 |
| Interest income from other real estate related investments and other income | $95.5M | $67.0M | $19.2M |
| Total revenues | $476.4M | $296.3M | $217.8M |
| Depreciation and amortization | $92.9M | $56.8M | $51.2M |
| Interest expense | $43.7M | $30.3M | $40.9M |
| Property taxes and insurance | $8.8M | $7.8M | $6.2M |
| Senior housing operating expenses | $952.0K | $0 | $0 |
| Impairment of real estate investments | $2.5M | $42.2M | $36.3M |
| Transaction costs | $5.3M | $1.3M | $0 |
| Provision for loan losses | $0 | $4.9M | $0 |
| Property operating (recoveries) expenses | -$138.0K | $5.7M | $3.4M |
| General and administrative | $52.5M | $28.9M | $21.8M |
| Total expenses | $206.5M | $178.1M | $159.8M |
| Other income, net | $4.3M | $0 | $0 |
| Loss on extinguishment of debt | -$390.0K | -$657.0K | $0 |
| Gain (loss) on sale of real estate, net | $31.5M | -$2.2M | $2.2M |
| Unrealized gain (loss) on other real estate related investments, net | $15.8M | $9.0M | -$6.5M |
| Gain on foreign currency transactions, net | $4.0M | $0 | $0 |
| Total other income (loss) | $55.4M | $6.2M | -$4.3M |
| Income before income tax expense | $325.3M | $124.4M | $53.7M |
| Income tax expense | -$5.0M | $0 | $0 |
| Net income | $320.3M | $124.4M | $53.7M |
| Net loss attributable to noncontrolling interests | -$252.0K | -$681.0K | -$13.0K |
| Net income attributable to CareTrust REIT, Inc. | $320.5M | $125.1M | $53.7M |
| Basic (in usd per share) | $1.57 | $0.81 | $0.50 |
| Diluted (in usd per share) | $1.57 | $0.80 | $0.50 |
| Basic (in shares) | 203.6M shares | 154.8M shares | 106.0M shares |
| Diluted (in shares) | 204.1M shares | 155.2M shares | 106.2M shares |
Every line of the balance sheet in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Real estate investments, net | $3.7B | $2.2B | |
| Financing receivable, at fair value (including accrued interest of $913 and $281 as of December 31, 2025 and 2024, respectively) | $92.2M | $96.0M | |
| Other real estate related investments, net (including accrued interest of $5,759 and $4,725 as of December 31, 2025 and 2024, respectively) | $899.3M | $795.2M | |
| Assets held for sale, net | $0 | $57.3M | |
| Cash and cash equivalents | $198.0M | $213.8M | |
| Accounts and other receivables | $10.4M | $1.2M | |
| Prepaid expenses and other assets, net | $230.4M | $35.6M | |
| Deferred financing costs, net | $8.6M | $11.2M | |
| Total assets | $5.1B | $3.4B | |
| Senior unsecured notes payable, net | $397.8M | $396.9M | |
| Senior unsecured term loan, net | $496.4M | $0 | |
| Accounts payable, accrued liabilities and deferred rent liabilities | $120.4M | $56.3M | |
| Dividends payable | $74.8M | $54.4M | |
| Total liabilities | $1.1B | $507.6M | |
| Redeemable noncontrolling interests | $18.2M | $18.2M | $0 |
| Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of December 31, 2025 and 2024 | $0 | $0 | |
| Common stock, $0.01 par value; 500,000,000 shares authorized, 222,746,343 and 186,993,010 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $2.2M | $1.9M | |
| Additional paid-in capital | $4.5B | $3.4B | |
| Cumulative distributions in excess of earnings | -$491.8M | -$532.6M | |
| Accumulated other comprehensive income | $5.9M | $0 | |
| Total stockholders' equity | $4.0B | $2.9B | |
| Noncontrolling interests | $5.5M | $2.7M | |
| Total equity | $4.0B | $2.9B | $1.4B |
| Total liabilities and equity | $5.1B | $3.4B | |
| Accrued interest, net | $913.0K | $281.0K | |
| Other real estate related investments, accrued interest | $5.8M | $4.7M | |
| Preferred stock, par value (in usd per share) | $0.01 | $0.01 | |
| Preferred stock, authorized (in shares) | 100.0M shares | 100.0M shares | |
| Preferred stock, issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, outstanding (in shares) | 0 shares | 0 shares | |
| Common stock, par value (in usd per share) | $0.01 | $0.01 | |
| Common stock, authorized (in shares) | 500.0M shares | 500.0M shares | |
| Common stock, issued (in shares) | 222.7M shares | 187.0M shares | |
| Common stock, outstanding (in shares) | 222.7M shares | 187.0M 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.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $320.3M | $124.4M | $53.7M |
| Depreciation and amortization (including below-market ground leases) | $93.0M | $56.9M | $51.3M |
| Amortization of deferred financing costs | $4.1M | $2.8M | $2.4M |
| Loss on extinguishment of debt | $390.0K | $282.0K | $0 |
| Unrealized (gain) loss on other real estate related investments, net | -$15.8M | -$9.0M | $6.5M |
| Amortization of stock-based compensation | $11.9M | $6.1M | $5.2M |
| Straight-line rental income | -$8.8M | $28.0K | $29.0K |
| Amortization of lease incentives | $193.0K | $22.0K | $0 |
| Amortization of above and below market leases | -$6.8M | -$2.9M | -$384.0K |
| Noncash interest income | -$1.5M | -$3.3M | -$407.0K |
| (Gain) loss on sale of real estate, net | -$31.5M | $2.2M | -$2.2M |
| Impairment of real estate investments | $2.5M | $42.2M | $36.3M |
| Provision for loan losses | $0 | $4.9M | $0 |
| Accounts and other receivables | -$187.0K | -$808.0K | -$9.0K |
| Prepaid expenses and other assets, net | -$1.8M | -$3.7M | -$21.0K |
| Accounts payable, accrued liabilities and deferred rent liabilities | $28.0M | $24.0M | $2.4M |
| Net cash provided by operating activities | $394.0M | $244.3M | $154.8M |
| Acquisitions of real estate, net of deposits applied | -$1.3B | -$812.0M | -$233.8M |
| Purchases of equipment, furniture and fixtures and improvements to real estate | -$15.0M | -$8.1M | -$11.0M |
| Preferred equity investments | -$30.0M | -$52.0M | -$1.8M |
| Investment in real estate related investments and other loans receivable | -$97.0M | -$559.2M | -$60.3M |
| Investment in financing receivable | $0 | -$95.7M | $0 |
| Principal payments received on real estate related investments and other loans receivable | $75.1M | $4.5M | $26.5M |
| Principal payments received on financing receivable | $4.4M | $0 | $0 |
| Escrow deposits for potential acquisitions of real estate | -$144.3M | -$5.2M | -$3.8M |
| Net proceeds from sales of real estate | $79.3M | $13.9M | $16.3M |
| Net cash used in investing activities | -$1.5B | -$1.5B | -$267.8M |
| Proceeds from the issuance of common stock, net | $1.1B | $1.6B | $634.4M |
| Proceeds from the issuance of senior unsecured term loan | $500.0M | $0 | $0 |
| Proceeds from the secured borrowing | $0 | $75.0M | $0 |
| Borrowings under unsecured revolving credit facility | $650.0M | $0 | $185.0M |
| Payments on senior unsecured term loan | $0 | -$200.0M | $0 |
| Payment on secured borrowing | $0 | -$75.0M | $0 |
| Payments on unsecured revolving credit facility | -$650.0M | $0 | -$310.0M |
| Payments on secured notes payable | -$102.4M | $0 | $0 |
| Payments on secured revolving credit facilities | -$153.8M | $0 | $0 |
| Payments on extinguishment of debt and deferred financing costs | -$4.6M | -$9.2M | -$68.0K |
| Net-settle adjustment on restricted stock | -$3.3M | -$2.5M | -$1.5M |
| Dividends paid on common stock | -$259.3M | -$172.2M | -$115.5M |
| Contributions from noncontrolling interests | $8.7M | $19.8M | $2.0M |
| Distributions to noncontrolling interests | -$5.7M | -$69.0K | -$41.0K |
| Net cash provided by financing activities | $1.1B | $1.2B | $394.3M |
| Effect of foreign currency translation | $515.0K | $0 | $0 |
| Net (decrease) increase in cash and cash equivalents | -$15.8M | -$80.6M | $281.3M |
| Interest paid | $39.9M | $27.9M | $40.0M |
| Increase in dividends payable | $20.4M | $17.9M | $9.0M |
| Right-of-use asset obtained in exchange for new operating lease obligation | $1.5M | $1.7M | $369.0K |
| Assets held for sale exchanged for real estate investments | $33.8M | $0 | $0 |
| Transfer of pre-acquisition costs to acquired assets | $0 | $58.0K | $0 |
| Increase in equipment, furniture and fixtures and improvements to real estate payable | $1.8M | $0 | $0 |
| Sale of real estate settled with note receivable | $36.0M | $1.0M | $2.0M |
| Liabilities assumed by buyer in connection with sale of real estate | $0 | $2.8M | $0 |
Recent filings
- Oct 2, 20268-K
- Aug 13, 2026SCHEDULE 13G/A
- Aug 7, 2026SCHEDULE 13G/A
- Aug 6, 202610-Q
- Aug 6, 20268-K
- May 21, 20268-K
- May 20, 2026424B5
- May 20, 20268-K
- May 18, 2026424B5
- May 15, 2026SCHEDULE 13G/A
- May 7, 202610-Q
- May 7, 20268-K
- Apr 30, 20268-K
- Apr 29, 2026SCHEDULE 13G
- Apr 29, 2026SCHEDULE 13G
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11