Caretrust Reit, Inc. income statement
In fiscal 2025, Caretrust Reit, Inc. reported revenue of $476m, up 60.8% on the year before and net income of $321m, or $1.57 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 42 | 49 | 59 | 75 | 105 | 133 | 157 | 163 | 178 | 192 | 196 | 218 | 296 | 476 | 571 |
| Cost of revenue | — | — | — | — | 3 | 3 | 3 | 3 | 2 | 0 | — | — | — | — | — |
| Gross profit | — | — | — | — | 102 | 130 | 154 | 161 | 176 | 192 | — | — | — | — | — |
| General and administrative | 2 | 5 | 11 | 8 | 9 | 11 | 13 | 15 | 16 | 27 | 20 | 22 | 29 | 52 | 61 |
| Interest expense | 12 | 13 | 22 | 24 | 23 | 24 | 28 | 28 | 24 | 24 | 30 | 41 | 30 | 44 | 51 |
| Provision for credit losses | — | — | — | — | — | 0 | 0 | 1 | 0 | 0 | 4 | 0 | 5 | 0 | — |
| Income before tax | 0 | −0 | −8 | 10 | — | — | — | — | — | — | — | 54 | 124 | 325 | 364 |
| Income tax | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | 0 | 0 | 5 | 9 |
| Net income | 0 | −0 | −8 | 10 | 29 | 26 | 58 | 46 | 81 | 72 | −8 | 54 | 125 | 321 | 355 |
| Diluted EPS | $0.00 | −$0.02 | −$0.36 | $0.26 | $0.52 | $0.35 | $0.72 | $0.49 | $0.85 | $0.74 | −$0.08 | $0.50 | $0.80 | $1.57 | $1.59 |
| Diluted shares (average) | 22m | 22m | 23m | 37m | 56m | 73m | 79m | 93m | 95m | 96m | 97m | 106m | 155m | 204m | 224m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 77 | 87 | 97 | 112 | 132 | 135 | 143 | 161 |
| General and administrative | 7 | 9 | 9 | 13 | 15 | 15 | 14 | 16 |
| Interest expense | 8 | 5 | 7 | 13 | 13 | 11 | 11 | 15 |
| Provision for credit losses | — | — | — | 0 | — | — | — | 5 |
| Income before tax | 33 | 52 | 65 | 69 | 77 | 114 | 82 | 91 |
| Income tax | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 3 |
| Net income | 33 | 52 | 66 | 69 | 75 | 111 | 80 | 89 |
| Diluted EPS | $0.21 | $0.30 | $0.35 | $0.35 | $0.35 | $0.51 | $0.36 | $0.38 |
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