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	Sep '26 Sep 30, 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
Rental Revenue	320.76	188.29	132.28	127.35	128.24	121.13
Other Revenue	0.81	2	2.44	1.5	1.5	1.42
Total Revenue	389.48	257.62	201.6	191.82	172.11	155.35
Revenue Growth (YoY	71.59%	27.79%	5.10%	11.45%	10.79%	-1.63%
Property Expenses	167.83	71.4	13.75	14.41	16.31	19.83
Selling, General & Administrative	33.05	31.12	27.24	24.29	23.71	21.46
Depreciation & Amortization	49.02	37.87	36.37	37.42	37.5	38.3
Total Operating Expenses	289.78	184.53	78.1	81.79	79.04	80.6
Operating Income	99.7	73.09	123.5	110.03	93.07	74.75
Interest Expense	-42.17	-35.31	-40.34	-47.01	-31.44	-27.38
Interest & Investment Income	5.14	7.23	10.69	6.93	4.55	1.39
EBT Excluding Unusual Items	62.67	45.01	93.85	69.94	66.18	48.76
Gain (Loss) on Sale of Investments	1.8	4.76	-	-	-	-
Gain (Loss) on Sale of Assets	409.56	77.82	7.98	37.3	37.83	7.46
Asset Writedown	-2.31	-	-6.95	-15.78	-3.42	-
Other Unusual Items	37.92	-3.54	-	-	-	-
Pretax Income	509.64	124.06	94.88	91.46	100.58	56.22
Income Tax Expense	0.89	0.18	-	-	-	-
Earnings From Continuing Operations	508.75	123.88	94.88	91.46	100.58	56.22
Minority Interest in Earnings	-5.18	-5.91	-3.84	-1.73	-0.56	-0.36
Net Income	503.57	117.97	91.04	89.74	100.02	55.86
Preferred Dividends & Other Adjustments	2.34	0.7	0.68	0.59	0.58	0.46
Net Income to Common	501.23	117.28	90.36	89.15	99.44	55.4
Net Income Growth	1408.91%	29.79%	1.36%	-10.35%	79.49%	-41.60%
Basic Shares Outstanding	50	46	44	41	40	39
Diluted Shares Outstanding	51	47	44	41	40	39
Shares Change	10.72%	5.24%	6.97%	3.22%	2.33%	-0.27%
EPS (Basic)	9.93	2.54	2.07	2.16	2.49	1.41
EPS (Diluted)	9.86	2.52	2.04	2.16	2.48	1.41
EPS Growth	1266.72%	23.53%	-5.56%	-12.90%	75.89%	-41.74%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Dividend Per Share	2.280	2.280	2.280	2.280	2.280	2.280
Dividend Growth	0%	0%	0%	0%	0%	0%
Operating Margin	25.60%	28.37%	61.26%	57.36%	54.07%	48.12%
Profit Margin	128.69%	45.52%	44.82%	46.47%	57.78%	35.66%
EBITDA	148.72	110.96	159.87	147.45	130.56	113.05
EBITDA Margin	38.18%	43.07%	79.30%	76.87%	75.86%	72.77%
D&A For Ebitda	49.02	37.87	36.37	37.42	37.5	38.3
EBIT	99.7	73.09	123.5	110.03	93.07	74.75
EBIT Margin	25.60%	28.37%	61.26%	57.36%	54.07%	48.12%
Funds From Operations (FFO)	144.53	77.33	125.7	105.04	102.53	86.24
FFO Per Share	2.84	1.66	2.84	2.54	2.56	2.20
Adjusted Funds From Operations (AFFO)	145.84	78.57	123.43	105.04	102.53	86.24
AFFO Per Share	2.87	1.69	2.77	2.52	2.54	2.20
FFO Payout Ratio	81.10%	138.88%	79.98%	90.21%	89.25%	104.94%
Effective Tax Rate	0.18%	0.14%	-	-	-	-
Revenue as Reported	393.81	262.85	209.85	197.24	175.15	155.32

SEC Filings: 10-K · 10-Q