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LTC Properties LTC Operating Income

Discontinued — last reported Q1 '25

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Segments

By segment

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Real Estate Investments Portfolio$40.58M-11.4%
Seniors Housing Operating Portfolio$13.92M+450%

Other financials

Income statement

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Revenue$98.9M+64.1%
Net income$29.6M+96.4%
EPS (diluted)$0.56+75.0%

Balance sheet

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Cash & equivalents$40.4M+431%
Total debt$2.4M-10.7%
Total equity$1.3B+32.5%
Total assets$2.2B+21.2%

Cash flow

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Operating cash flow$34.4M+14.5%
CapEx$3.8M+224%
Free cash flow$30.6M+6.0%

Valuation

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Market cap$2.13B+31.3%
Enterprise value$2.09B+29.4%
P/E15.7×-3.8×
P/S6.1×-1.3×

Profitability

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Operating margin41.8%+1.0pp
Net margin38.9%+0.7pp
FCF margin37.5%-15.3pp

Returns & leverage

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Return on equity12.2%+3.2pp
Debt / equity0.0×

Where this comes from

Reported directly by LTC Properties in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: LTC Properties’s 10-Q, filed May 5, 2025.

Filed
May 5, 2025
Fiscal quarter
Q1 FY2025
Calendar quarter
Q1 2025
Accession
0001558370-25-006304
Line itemThree Months Ended / March 31, 2025Three Months Ended / March 31, 2024
Total expenses30,64630,304
Other operating income:
Gain on sale of real estate, net1713,251
Operating income18,55624,313
Income from unconsolidated joint ventures3,665376
Net income22,22124,689
Income allocated to non-controlling interests(1,541)(459)
Net income attributable to LTC Properties, Inc.20,68024,230

Item 1. Financial Statements

FAQ

What is LTC Properties's operating income?
LTC Properties (LTC) reported operating income of $18.56M in Q1 2025.
How has LTC Properties's operating income changed year-over-year?
LTC Properties's operating income decreased by 23.7% year-over-year, from $24.31M to $18.56M.
What is the long-term trend for LTC Properties's operating income?
Over 3 years (2021 to 2024), LTC Properties's operating income has grown at a 19.0% compound annual growth rate (CAGR), from $54.81M to $92.44M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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