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CareTrust CTRE Property taxes

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Segments

By segment

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Reportable Segment$2.45M+18.8%

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 us-gaap:RealEstateTaxExpense.

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 taxes?
CareTrust (CTRE) reported property taxes of $2.45M in Q1 2026.
How has CareTrust's property taxes changed year-over-year?
CareTrust's property taxes increased by 18.8% year-over-year, from $2.07M to $2.45M.
What is the long-term trend for CareTrust's property taxes?
Over 4 years (2021 to 2025), CareTrust's property taxes has grown at a 25.2% compound annual growth rate (CAGR), from $3.57M to $8.77M.
What does property taxes mean?
Costs paid for property taxes and insurance.
How do you interpret property taxes?
Rising costs may indicate higher tax assessments or increased insurance premiums, which could impact net operating margins if not fully recoverable.
How does property taxes compare across companies?
Standard operating expense for property owners; often compared as a percentage of total revenue.