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CareTrust CTRE Business Segments — Property operating expenses

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Other financials

Income statement

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Revenue$161.3M+43.5%
Gross profit$49.7M
Net income$89.0M+29.8%
EPS (diluted)$0.38+8.6%

Balance sheet

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Cash & equivalents$49.3M-83.9%
Total debt$1.2B-1.2%
Total equity$4.5B+36.1%
Total assets$5.9B+27.3%

Cash flow

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Operating cash flow$134.7M+33.7%
CapEx$440.3K
Free cash flow$98.1M+60.6%

Valuation

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Market cap$9.72B+55.3%
Enterprise value$10.87B+51.6%
P/E27.4×-1.1×
P/S17×+0.2×

Profitability

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Gross margin100%
Net margin62.2%+3.3pp
FCF margin82.3%-0.1pp

Returns & leverage

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Return on equity9.1%+0.7pp
Debt / equity0.3×-0.1×

Where this comes from

Reported directly by CareTrust in its filing.

Tagged under the XBRL concept ctre:PropertyOperatingRecoveriesExpenses.

The source filing: CareTrust’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:07 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001628280-26-054284
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Senior housing operating expenses3,7326,838
Transaction costs35261559949
Provision for loan losses4,6714,671
Property operating (recoveries) expenses(4)9382921,043
Cash compensation3,1512,0036,7304,093
Incentive compensation6,1013,42410,1854,649
Share-based compensation3,0233,0266,4716,935
Professional services1,7252,4533,2533,329

Item 1. Financial Statements.

FAQ

What is CareTrust's business segments — property operating expenses?
CareTrust (CTRE) reported business segments — property operating expenses of -$4K in Q2 2026.
How has CareTrust's business segments — property operating expenses changed year-over-year?
CareTrust's business segments — property operating expenses decreased by 100.4% year-over-year, from $938K to -$4K.
What is the long-term trend for CareTrust's business segments — property operating expenses?
Over 3 years (2022 to 2025), CareTrust's business segments — property operating expenses has grown at a -69.9% compound annual growth rate (CAGR), from $5.04M to -$138K.
What does business segments — property operating expenses mean?
This represents the general costs associated with maintaining and operating the real estate portfolio, excluding taxes and insurance. It is a measure of the company's property management efficiency.

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