Financials in USD. Standardized financial statements.
A compact view of how LTC Properties, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $262.85M | $209.85M | $197.24M | $175.15M | $155.32M | $159.34M | $185.30M | $168.65M | $168.06M | $161.58M |
| Revenue Growth? | +25.3% | +6.4% | +12.6% | +12.8% | -2.5% | -14.0% | +9.9% | +0.3% | +4.0% | 0.0% |
| Cost of Revenue? | $65.37M | $12.93M | $13.27M | $15.49M | $15.39M | $15.06M | $16.75M | $0 | $0 | $26.44M |
| Gross Profit? | $197.48M | $196.92M | $183.97M | $159.67M | $139.93M | $144.27M | $168.55M | $168.65M | $168.06M | $135.14M |
| Gross Margin? | +75.1% | +93.8% | +93.3% | +91.2% | +90.1% | +90.5% | +91.0% | +100.0% | +100.0% | +83.6% |
| Operating Expenses? | $70.74M | $104.48M | $94.02M | $60.59M | $85.12M | $48.64M | $86.68M | $16.43M | $82.99M | $51.16M |
| Operating Income? | $126.74M | $92.44M | $89.96M | $99.08M | $54.81M | $95.63M | $81.87M | $152.21M | $85.08M | $83.98M |
| EBITDA? | $197.24M | $171.58M | $175.89M | $169.52M | $121.89M | $164.45M | $150.67M | $222.83M | $154.90M | $147.49M |
| Income Before Tax | $124.06M | $94.88M | $91.46M | $100.58M | $56.22M | $95.68M | $80.87M | $155.08M | $87.34M | $85.11M |
| Income Tax Expense | $179,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income? | $117.97M | $91.04M | $89.73M | $100.02M | $55.86M | $95.29M | $80.53M | $154.98M | $87.34M | $85.11M |
| EPS? | $2.55 | $2.07 | $2.16 | $2.49 | $1.41 | $2.42 | $2.03 | $3.93 | $2.21 | $2.21 |
| Diluted EPS? | $2.52 | $2.04 | $2.16 | $2.48 | $1.41 | $2.42 | $2.02 | $3.89 | $2.20 | $2.21 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality