LTC Properties Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	180.71	183.51	199.16	190.32	170.61	153.94
Service and Other Revenue	121.7	72.12	-	-	-	-
Revenue	302.41	255.63	199.16	190.32	170.61	153.94
Revenue Growth (YoY)	53.54%	28.35%	4.64%	11.55%	10.83%	-2.26%
Service and Other Expenses	90.98	54.09	-	-	-	-
Total Property Expenses	90.98	54.09	-	-	-	-
Property Taxes	10.08	10.8	12.93	13.27	15.49	15.39
Gross Profit	201.35	190.74	186.23	177.05	155.12	138.54
Selling, General & Admin	32.73	31.12	27.24	24.29	23.71	21.46
Depreciation & Amortization Expenses	40.69	37.87	36.37	37.42	37.5	38.3
Other Operating Expenses	50.7	54.19	8.51	22.6	5.78	5.45
Operating Income	64.06	67.56	114.1	92.75	99.08	54.81
Net Gains on Disposal of Properties	77.64	77.82	7.98	37.3	37.83	7.46
Interest Income	10.21	13.99	13.13	8.43	6.05	2.8
Interest Expense	-38.18	-35.31	-40.34	-47.01	-31.44	-27.38
Total Non-Operating Income (Expense)	49.68	56.5	-19.23	-1.29	12.44	-17.11
Pretax Income	113.74	124.06	94.88	91.46	111.52	37.7
Provision for Income Taxes	0.29	0.18	-	-	-	-
Net Income	120.2	117.28	90.36	89.15	99.44	55.4
Minority Interest in Earnings	-5.73	-5.91	-3.84	-1.73	-0.56	-0.36
Net Income Attributable to Preferred Dividends	-0.69	-0.7	-0.68	-0.59	-0.58	-0.46
Net Income to Common	120.2	117.28	90.36	89.15	99.44	55.4
Net Income Growth	38.50%	29.79%	1.36%	-10.35%	79.49%	-41.60%
Shares Outstanding (Basic)	47	46	44	41	40	39
Shares Outstanding (Diluted)	47	47	44	41	40	39
Shares Change (YoY)	5.65%	5.24%	6.97%	3.22%	2.33%	-0.27%
EPS (Basic)	2.50	2.54	2.07	2.16	2.49	1.41
EPS (Diluted)	2.47	2.52	2.04	2.16	2.48	1.41
EPS Growth	27.32%	23.53%	-5.56%	-12.90%	75.89%	-41.74%
Shares Outstanding	49.78	48.48	45.51	43.02	41.26	39.37
Free Cash Flow	-334.18	-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	-7.07	-4.85	2.53	1.23	1.11	2.17
Dividends Per Share	2.280	2.280	2.280	2.280	2.280	2.280
Gross Margin	66.58%	74.62%	93.51%	93.03%	90.92%	90.00%
Operating Margin	21.18%	26.43%	57.29%	48.73%	58.08%	35.60%
Profit Margin	39.97%	46.15%	45.71%	47.15%	58.63%	36.29%
FCF Margin	-110.51%	-88.36%	56.18%	26.82%	26.18%	55.14%
EBITDA	104.75	105.43	150.47	130.17	136.58	93.1
EBITDA Margin	34.64%	41.24%	75.55%	68.39%	80.05%	60.48%
EBIT	64.06	67.56	114.1	92.75	99.08	54.81
EBIT Margin	21.18%	26.43%	57.29%	48.73%	58.08%	35.60%
Effective Tax Rate	0.25%	0.14%	0.00%	0.00%	0.00%	0.00%

Updated May 6, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q