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CareTrust CTRE Depreciation and amortization (including below-market ground leases)

Depreciation and amortization (including below-market ground leases) at other companies

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Vornado RealtyVNO
$101K+14.8%
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Ladder CapitalLADR
-$229K+43.0%
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UDRUDR
$164.6M-2.3%
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Kimco RealtyKIM
-$13.63M-157%
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Alexandria Real Estate EquitiesARE
-$5.62M+63.1%
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WelltowerWELL
-$213K+44.7%

Other financials

Income statement

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Revenue$142.8M+47.8%
Gross profit$49.7M
Net income$80.2M+21.9%
EPS (diluted)$0.36+2.9%

Balance sheet

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Cash & equivalents$223.2M-64.7%
Total debt$894.6M+8.8%
Total equity$4.1B+41.1%
Total assets$5.2B+34.8%

Cash flow

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Operating cash flow$90.4M+26.6%
CapEx$440.3K
Free cash flow$98.1M+60.6%

Valuation

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Market cap$8.76B+52.5%
Enterprise value$9.43B+59.4%
P/E26.1×-9.3×
P/S16.8×-0.6×

Profitability

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Gross margin100%
Net margin64.1%+14.9pp
FCF margin82.3%-0.1pp

Returns & leverage

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Return on equity9.5%+2.4pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by CareTrust in its filing.

Tagged under the XBRL concept ctre:DepreciationAndAmortizationIncludingBelowMarketGroundLeasesExcludingAmortizationOfDeferredFinancingCosts.

The official record: CareTrust’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CareTrust's depreciation and amortization (including below-market ground leases)?
CareTrust (CTRE) reported depreciation and amortization (including below-market ground leases) of $29.47M in Q1 2026.
How has CareTrust's depreciation and amortization (including below-market ground leases) changed year-over-year?
CareTrust's depreciation and amortization (including below-market ground leases) increased by 65.0% year-over-year, from $17.87M to $29.47M.
What is the long-term trend for CareTrust's depreciation and amortization (including below-market ground leases)?
Over 3 years (2022 to 2025), CareTrust's depreciation and amortization (including below-market ground leases) has grown at a 22.7% compound annual growth rate (CAGR), from $50.38M to $93.05M.
What does depreciation and amortization (including below-market ground leases) mean?
This represents the non-cash allocation of the cost of tangible assets and the amortization of intangible assets over their useful lives. In a REIT context, it includes adjustments for below-market ground leases that impact the carrying value of real estate assets. It is added back to net income because it does not represent an actual cash outflow during the period.