LTC Properties 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
Property Revenue	183.51	199.16	190.32	170.61	153.94
Service and Other Revenue	72.12	-	-	-	-
Revenue	255.63	199.16	190.32	170.61	153.94
Revenue Growth (YoY)	28.35%	4.64%	11.55%	10.83%	-2.26%
Service and Other Expenses	54.09	-	-	-	-
Total Property Expenses	54.09	-	-	-	-
Property Taxes	10.8	12.93	13.27	15.49	15.39
Gross Profit	190.74	186.23	177.05	155.12	138.54
Selling, General & Admin	31.12	27.24	24.29	23.71	21.46
Depreciation & Amortization Expenses	37.87	36.37	37.42	37.5	38.3
Other Operating Expenses	54.19	8.51	22.6	5.78	5.45
Operating Income	67.56	114.1	92.75	99.08	54.81
Net Gains on Disposal of Properties	77.82	7.98	37.3	37.83	7.46
Interest Income	13.99	13.13	8.43	6.05	2.8
Interest Expense	-35.31	-40.34	-47.01	-31.44	-27.38
Total Non-Operating Income (Expense)	56.5	-19.23	-1.29	12.44	-17.11
Pretax Income	124.06	94.88	91.46	111.52	37.7
Provision for Income Taxes	0.18	-	-	-	-
Net Income	117.28	90.36	89.15	99.44	55.4
Minority Interest in Earnings	-5.91	-3.84	-1.73	-0.56	-0.36
Net Income Attributable to Preferred Dividends	-0.7	-0.68	-0.59	-0.58	-0.46
Net Income to Common	117.28	90.36	89.15	99.44	55.4
Net Income Growth	29.79%	1.36%	-10.35%	79.49%	-41.60%
Shares Outstanding (Basic)	46	44	41	40	39
Shares Outstanding (Diluted)	47	44	41	40	39
Shares Change (YoY)	5.24%	6.97%	3.22%	2.33%	-0.27%
EPS (Basic)	2.54	2.07	2.16	2.49	1.41
EPS (Diluted)	2.52	2.04	2.16	2.48	1.41
EPS Growth	23.53%	-5.56%	-12.90%	75.89%	-41.74%
Free Cash Flow	-225.88	111.88	51.05	44.67	84.89
Free Cash Flow Growth	-	119.17%	14.28%	-47.38%	8.06%
Free Cash Flow Per Share	-4.85	2.53	1.23	1.11	2.17
Dividends Per Share	2.280	2.280	2.280	2.280	2.280
Gross Margin	74.62%	93.51%	93.03%	90.92%	90.00%
Operating Margin	26.43%	57.29%	48.73%	58.08%	35.60%
Profit Margin	46.15%	45.71%	47.15%	58.63%	36.29%
FCF Margin	-88.36%	56.18%	26.82%	26.18%	55.14%
EBITDA	105.43	150.47	130.17	136.58	93.1
EBITDA Margin	41.24%	75.55%	68.39%	80.05%	60.48%
EBIT	67.56	114.1	92.75	99.08	54.81
EBIT Margin	26.43%	57.29%	48.73%	58.08%	35.60%
Effective Tax Rate	0.14%	0.00%	0.00%	0.00%	0.00%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q