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CareTrust CTRE Property operating expenses

Property operating expenses at other companies

W.P. Carey Inc. logo
W.P. Carey Inc.WPC
$8.69M-47.4%
W.P. Carey Inc. logo
W.P. Carey Inc.WPC
$20.4M+74.1%
Blackstone Mortgage Trust logo
Blackstone Mortgage TrustBXMT
$81.98M+77.0%
ACR
ACRES Commercial RealtyACR
$9.71M-27.2%
Apollo Commercial Real Estate Finance logo
Apollo Commercial Real Estate FinanceARI
$18.22M-12.3%
W.P. Carey Inc. logo
W.P. Carey Inc.WPC
$13.29M-4.3%

Segments

By segment

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Reportable Segment$296K+182%

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:PropertyOperatingRecoveriesExpenses.

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 property operating expenses?
CareTrust (CTRE) reported property operating expenses of $296K in Q1 2026.
How has CareTrust's property operating expenses changed year-over-year?
CareTrust's property operating expenses increased by 181.9% year-over-year, from $105K to $296K.
What does property operating expenses mean?
The net costs incurred to operate and maintain real estate properties.
How do you interpret property operating expenses?
Lower expenses relative to rental income indicate efficient property management and strong triple-net lease structures.
How does property operating expenses compare across companies?
Highly dependent on lease structure; triple-net REITs typically show very low property operating expenses compared to gross-lease operators.