What is CareTrust's amortization of below market lease?

CareTrust (CTRE) reported amortization of below market lease of $80K in Q4 2025.

How has CareTrust's amortization of below market lease changed year-over-year?

CareTrust's amortization of below market lease decreased by 91.4% year-over-year, from $926K to $80K.

What does amortization of below market lease mean?

The adjustment to rental income resulting from the amortization of intangible liabilities created when a property is acquired with existing leases at rates below current market value. This aligns reported rental income with the fair market value at the time of acquisition.

CareTrust CTRE Amortization Of Below Market Lease

Discontinued — last reported Q4 '25

Amortization Of Below Market Lease at other companies

Ladder CapitalLADR

-$229K+43.0%

TPG RE Finance Trust, Inc.TRTX

-$66K-205%

Kimco RealtyKIM

-$13.63M-157%

WelltowerWELL

-$213K+44.7%

Claros Mortgage TrustCMTG

$258K-27.1%

ARE

Alexandria Real Estate EquitiesARE

-$5.62M+63.1%

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:AmortizationOfBelowMarketLease.

The official record: CareTrust’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CareTrust's amortization of below market lease?: CareTrust (CTRE) reported amortization of below market lease of $80K in Q4 2025.
How has CareTrust's amortization of below market lease changed year-over-year?: CareTrust's amortization of below market lease decreased by 91.4% year-over-year, from $926K to $80K.
What does amortization of below market lease mean?: The adjustment to rental income resulting from the amortization of intangible liabilities created when a property is acquired with existing leases at rates below current market value. This aligns reported rental income with the fair market value at the time of acquisition.