What is CareTrust's impairment of real estate?

CareTrust (CTRE) reported impairment of real estate of $0 in Q1 2026.

How has CareTrust's impairment of real estate changed year-over-year?

CareTrust's impairment of real estate decreased by 100.0% year-over-year, from $620.75K to $0.

What does impairment of real estate mean?

This represents non-cash charges recorded when the carrying amount of a real estate asset exceeds its fair value. It indicates that the expected future cash flows from the property have declined, necessitating a write-down. This serves as a key indicator of asset quality and portfolio health.

CareTrust CTRE Impairment Of Real Estate

Impairment Of Real Estate at other companies

Granite Point Mortgage TrustGPMT

$1.69M—

Regency CentersREG

$3.37M-5.6%

Public StoragePSA

$0-100%

Ready CapitalRC

-$469K-120%

Invitation HomesINVH

$469K+644%

Agree RealtyADC

$1.4M-67.7%

Other financials

Income statement

See full

Revenue$142.8M+47.8%

Gross profit$49.7M—

Net income$80.2M+21.9%

EPS (diluted)$0.36+2.9%

Balance sheet

See full

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

See full

Operating cash flow$90.4M+26.6%

CapEx$440.3K—

Free cash flow$98.1M+60.6%

Valuation

See full

Market cap$8.76B+52.5%

Enterprise value$9.43B+59.4%

P/E26.1×-9.3×

P/S16.8×-0.6×

Profitability

See full

Gross margin100%—

Net margin64.1%+14.9pp

FCF margin82.3%-0.1pp

Returns & leverage

See full

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 us-gaap:ImpairmentOfRealEstate.

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 impairment of real estate?: CareTrust (CTRE) reported impairment of real estate of $0 in Q1 2026.
How has CareTrust's impairment of real estate changed year-over-year?: CareTrust's impairment of real estate decreased by 100.0% year-over-year, from $620.75K to $0.
What does impairment of real estate mean?: This represents non-cash charges recorded when the carrying amount of a real estate asset exceeds its fair value. It indicates that the expected future cash flows from the property have declined, necessitating a write-down. This serves as a key indicator of asset quality and portfolio health.