LTC Properties, Inc. (FRA:LTP)

LTC Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	158.43	132.28	127.35	128.24	121.13	126.09
Other Revenue	2.28	2.44	1.5	1.5	1.42	0.43
Total Revenue	226.99	201.6	191.82	172.11	155.35	157.92
Revenue Growth (YoY	14.23%	5.10%	11.45%	10.79%	-1.63%	-14.70%
Property Expenses	44.94	13.75	14.41	16.31	19.83	15.36
Selling, General & Administrative	30.17	27.24	24.29	23.71	21.46	19.71
Depreciation & Amortization	36.12	36.37	37.42	37.5	38.3	39.07
Total Operating Expenses	113.48	77.47	81.79	79.04	80.6	74.14
Operating Income	113.51	124.13	110.03	93.07	74.75	83.78
Interest Expense	-33.08	-40.34	-47.01	-31.44	-27.38	-29.71
Interest & Investment Income	6.44	10.69	6.93	4.55	1.39	1.85
EBT Excluding Unusual Items	86.87	94.48	69.94	66.18	48.76	55.92
Gain (Loss) on Sale of Investments	2.96	-	-	-	-	-0.76
Gain (Loss) on Sale of Assets	0.86	7.98	37.3	37.83	7.46	44.12
Total Insurance Settlements	-	-	-	-	-	0.37
Asset Writedown	-6.95	-6.95	-15.78	-3.42	-	-3.98
Other Unusual Items	-43.96	-0.63	-	-	-	-
Pretax Income	39.78	94.88	91.46	100.58	56.22	95.68
Earnings From Continuing Operations	39.82	94.88	91.46	100.58	56.22	95.68
Minority Interest in Earnings	-5.96	-3.84	-1.73	-0.56	-0.36	-0.38
Net Income	33.86	91.04	89.74	100.02	55.86	95.29
Preferred Dividends & Other Adjustments	0.64	0.68	0.59	0.58	0.46	0.42
Net Income to Common	33.22	90.36	89.15	99.44	55.4	94.87
Net Income Growth	-66.54%	1.45%	-10.29%	79.06%	-41.38%	18.34%
Basic Shares Outstanding	46	44	41	40	39	39
Diluted Shares Outstanding	46	44	41	40	39	39
Shares Change (YoY)	5.98%	6.97%	3.22%	2.33%	-0.27%	-1.24%
EPS (Basic)	0.73	2.07	2.16	2.49	1.41	2.42
EPS (Diluted)	0.72	2.04	2.16	2.48	1.41	2.42
EPS Growth	-68.96%	-5.56%	-12.90%	75.89%	-41.74%	19.80%
Dividend Per Share	2.280	2.280	2.280	2.280	2.280	2.280
Operating Margin	50.01%	61.57%	57.36%	54.07%	48.12%	53.05%
Profit Margin	14.63%	44.82%	46.47%	57.78%	35.66%	60.08%
EBITDA	149.63	160.5	147.45	130.56	113.05	122.85
EBITDA Margin	65.92%	79.61%	76.87%	75.86%	72.77%	77.79%
D&A For Ebitda	36.12	36.37	37.42	37.5	38.3	39.07
EBIT	113.51	124.13	110.03	93.07	74.75	83.78
EBIT Margin	50.01%	61.57%	57.36%	54.07%	48.12%	53.05%
Funds From Operations (FFO)	75.43	125.7	105.04	102.53	86.24	94.56
FFO Per Share	2.75	2.84	2.54	2.56	2.20	2.41
Adjusted Funds From Operations (AFFO)	-	123.43	107.12	102.53	86.24	94.56
AFFO Per Share	-	2.77	2.57	2.54	2.20	2.41
FFO Payout Ratio	140.34%	79.98%	90.21%	89.25%	104.94%	95.45%
Revenue as Reported	231.14	209.85	197.24	175.15	155.32	159.34

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.