Sabra Health Care REIT Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	374.13	381.5	376.27	400.59	396.72
Other Revenue	360.81	284.18	233.26	96.31	-25.8
Total Revenue	775.76	702.64	644.62	531.95	388.24
Revenue Growth (YoY	10.41%	9.00%	21.18%	37.02%	-35.38%
Property Expenses	271.11	227.09	195.25	162.61	141.2
Selling, General & Administrative	53.71	50.07	47.47	39.57	34.67
Depreciation & Amortization	187	169.62	183.09	187.78	178.99
Provision for Loan Losses	1.05	0.57	-0.19	-0.14	-3.94
Total Operating Expenses	510.77	446.21	426	390.11	358.8
Operating Income	265	256.43	218.62	141.84	29.44
Interest Expense	-95.29	-114.77	-112.96	-105.47	-98.63
Other Non-Operating Income	-3.66	0.04	2.6	-1.1	0.37
EBT Excluding Unusual Items	166.04	141.69	108.26	35.27	-68.82
Gain (Loss) on Sale of Investments	-	-	-	-7.67	-10.77
Gain (Loss) on Sale of Assets	-3.52	2.1	-76.63	-12.01	12.3
Total Insurance Settlements	1.7	2.2	-	-	-
Asset Writedown	-7.32	-18.47	-14.33	-94.04	-9.5
Other Unusual Items	0.45	0.2	-1.54	2.09	-34.62
Pretax Income	157.35	127.72	15.76	-76.36	-111.41
Income Tax Expense	1.84	1.01	2	1.24	1.85
Earnings From Continuing Operations	155.51	126.71	13.76	-77.61	-113.26
Minority Interest in Earnings	0.1	-	-	-	-
Net Income	155.61	126.71	13.76	-77.61	-113.26
Net Income to Common	155.61	126.71	13.76	-77.61	-113.26
Net Income Growth	22.80%	821.14%	-	-	-
Basic Shares Outstanding	241	233	231	231	219
Diluted Shares Outstanding	244	236	233	231	219
Shares Change (YoY)	3.58%	1.40%	0.80%	5.42%	5.70%
EPS (Basic)	0.64	0.54	0.06	-0.34	-0.52
EPS (Diluted)	0.64	0.54	0.06	-0.34	-0.52
EPS Growth	18.52%	807.61%	-	-	-
Dividend Per Share	1.200	1.200	1.200	1.200	1.200
Dividend Growth	-	-	-	-	-11.11%
Operating Margin	34.16%	36.49%	33.91%	26.66%	7.58%
Profit Margin	20.06%	18.03%	2.13%	-14.59%	-29.17%
EBITDA	447.11	421.19	395.89	323	221.94
EBITDA Margin	57.64%	59.94%	61.41%	60.72%	57.17%
D&A For Ebitda	182.12	164.76	177.27	181.16	192.5
EBIT	265	256.43	218.62	141.84	29.44
EBIT Margin	34.16%	36.49%	33.91%	26.66%	7.58%
Funds From Operations (FFO)	360.87	321.61	296.5	295.88	253.22
FFO Per Share	1.48	1.36	1.27	1.28	1.15
Adjusted Funds From Operations (AFFO)	361.57	338.19	311.33	333.02	297.14
AFFO Per Share	1.47	1.43	1.33	1.43	1.35
FFO Payout Ratio	80.22%	87.11%	93.57%	93.67%	103.83%
Effective Tax Rate	1.17%	0.79%	12.71%	-	-
Revenue as Reported	774.63	703.24	647.51	624.81	569.55

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