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CareTrust CTRE Property operating expenses

Property operating expenses at other companies

Gladstone Commercial Corporation logo
Gladstone Commercial CorporationGOOD
$7.16M-1.4%
Empire State Realty Trust logo
Empire State Realty TrustESRT
$0
Welltower logo
WelltowerWELL
$2.02B+45.5%
Welltower logo
WelltowerWELL
$17.83M-72.4%
Welltower logo
WelltowerWELL
$7.81M-11.5%
Arbor Realty Trust logo
Arbor Realty TrustABR
$11.96M+244%

Segments

By segment

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Reportable Segment-$4K-100%

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
General and administrative15,77712,54930,11421,572
Total expenses72,37749,918133,44886,509
Other income:
Gain on sale of real estate, net3,876

Item 1. Financial Statements.

FAQ

What is CareTrust's property operating expenses?
CareTrust (CTRE) reported property operating expenses of -$4K in Q2 2026.
How has CareTrust's property operating expenses changed year-over-year?
CareTrust's property operating expenses decreased by 100.4% year-over-year, from $938K to -$4K.
What does property operating expenses mean?
Direct costs associated with the maintenance, operation, and management of real estate properties, often offset by recoveries from tenants. This captures the operational burden of the property portfolio before accounting for corporate overhead.

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