LTC
LTC PROPERTIES INC
NYSE · Real Estate · REIT - Healthcare Facilities · US
$46.36
+1.22%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 393.9M | 262.9M | 209.8M | 197.2M | 175.2M |
| Cost of Revenue | 139.1M | 65.4M | 12.9M | 13.3M | 15.5M |
| Gross Profit | 254.9M | 197.5M | 196.9M | 184.0M | 159.7M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 25.3M | 32.0M | 27.2M | 24.3M | 23.7M |
| General & Admin Expense | 24.5M | 31.1M | 27.2M | 24.3M | 23.7M |
| Selling & Marketing Expense | 873.0K | 873.0K | — | — | — |
| Other Expenses | 51.6M | 38.8M | 77.2M | 69.7M | 36.9M |
| Total Operating Expenses | 76.9M | 70.7M | 104.5M | 94.0M | 60.6M |
| Cost and Expenses | 216.0M | 136.1M | 117.4M | 107.3M | 76.1M |
| Operating Income (EBIT) | 177.9M | 126.7M | 92.4M | 90.0M | 99.1M |
| Non-Operating | |||||
| Interest Income | 18.5M | — | — | — | — |
| Interest Expense | 42.2M | 35.3M | 40.3M | 47.0M | 31.4M |
| Net Interest Income | (12.4M) | (35.3M) | (40.3M) | (47.0M) | (31.4M) |
| Other Non-Op Income/Expense | 329.7M | (2.7M) | 2.4M | 1.5M | 1.5M |
| Non-Operating Income (excl Interest) | (77.3M) | (32.6M) | (42.8M) | (48.5M) | (32.9M) |
| EBT (Pre-Tax Income) | 507.7M | 124.1M | 94.9M | 91.5M | 100.6M |
| Income Tax Expense | 96.0K | 179.0K | — | — | — |
| Bottom Line | |||||
| Net Income | 503.6M | 118.0M | 91.0M | 89.7M | 100.0M |
| Earnings from Cont. Ops | 507.6M | 123.9M | 94.9M | 91.5M | 100.6M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 503.7M | 118.0M | 90.4M | 89.1M | 99.4M |
| Per Share | |||||
| Basic EPS | $9.70 | $2.55 | $2.07 | $2.16 | $2.49 |
| Diluted EPS | $9.62 | $2.52 | $2.04 | $2.16 | $2.48 |
| Revenue Per Share | $7.33 | $5.69 | $4.80 | $4.78 | $4.39 |
| Shares | |||||
| Basic Shares Outstanding | 53.8M | 46.2M | 43.7M | 41.3M | 39.9M |
| Diluted Shares Outstanding | 54.2M | 46.6M | 44.2M | 41.4M | 40.1M |
| Profitability Metrics | |||||
| EBITDA | 599.0M | 197.2M | 171.6M | 175.9M | 169.5M |
| D&A | 49.1M | 37.9M | 36.4M | 37.4M | 37.5M |
| EBIT | 190.8M | 159.4M | 135.2M | 138.5M | 132.0M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026