BKD

MKT CAP:$3B

Brookdale Senior Living Inc.

Market Cap

$3B

Healthcare·Medical - Care Facilities·🇺🇸 United States·NYSE

Healthcare·Medical·🇺🇸·NYSE

Stock Price

$13.42+$2.58 (+23.80%)

Apr 22, 2026

Company Details

Brookdale Senior Living Inc. owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs)....

CEO

Nikolas W. Stengle

IPO Date

Nov 22, 2005

Website

www.brookdale.com

Key Metrics TTM

Revenue

$3.1B

+4.8% YoY

Net Income

-$263M

EPS (Diluted)

-$1.11

Free Cash Flow

$16M

Revenue / Share

$13.34

Gross Margin

20.6%

Operating Margin

0.5%

Net Margin

-8.4%

FCF Margin

0.5%

P/S

1.1x

P/E

—

Earnings Reports

Q1 2026

May 5, 2026

PENDING

FY 2025

Feb 19, 2026

$3.1B+4.8%EPS -$1.11

Q4 2025

Feb 19, 2026

$754M+1.0%EPS -$0.17

Q3 2025

Nov 7, 2025

$778M+4.2%EPS -$0.48

Q2 2025

Aug 7, 2025

$813M+9.5%EPS -$0.18

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$677M	$128M	-$54M
Q2 22	$681M	$130M	-$34M
Q3 22	$653M	$129M	$19M
Q4 22	$696M	$129M	$26M
Q1 23	$718M	$189M	$8M
Q2 23	$747M	$182M	$41M
Q3 23	$720M	$184M	-$6M
Q4 23	$719M	$190M	-$24M
Q1 24	$747M	$206M	$19M
Q2 24	$742M	$207M	$19M
Q3 24	$746M	$200M	$10M
Q4 24	$747M	$194M	-$2M
Q1 25	$780M	$225M	$30M
Q2 25	$813M	$216M	$15M
Q3 25	$778M	$213M	-$54M
Q4 25	$754M	-$9M	$27M

Valuation

Quarter	P/S	P/E
Q1 22	1.3x	—
Q2 22	1.3x	—
Q3 22	1.3x	—
Q4 22	1.2x	—
Q1 23	1.2x	—
Q2 23	1.2x	—
Q3 23	1.1x	—
Q4 23	1.1x	—
Q1 24	1.1x	—
Q2 24	1.1x	—
Q3 24	1.1x	—
Q4 24	1.1x	—
Q1 25	1.1x	—
Q2 25	1.1x	—
Q3 25	1.1x	—
Q4 25	1.1x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$23M	-$63M
Q2 22	$12M	-$45M
Q3 22	$64M	$10M
Q4 22	-$49M	-$95M
Q1 23	$24M	-$26M
Q2 23	$64M	$4M
Q3 23	$46M	-$19M
Q4 23	$29M	-$29M
Q1 24	-$1M	-$46M
Q2 24	$56M	$4M
Q3 24	$66M	$11M
Q4 24	$45M	-$5M
Q1 25	$23M	-$18M
Q2 25	$84M	$29M
Q3 25	$77M	$35M
Q4 25	$35M	-$29M

Capital Expenditures

Quarter	CapEx
Q1 22	$40M
Q2 22	$57M
Q3 22	$54M
Q4 22	$46M
Q1 23	$50M
Q2 23	$60M
Q3 23	$65M
Q4 23	$59M
Q1 24	$44M
Q2 24	$52M
Q3 24	$55M
Q4 24	$50M
Q1 25	$42M
Q2 25	$54M
Q3 25	$42M
Q4 25	$64M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-8.3%	-8.7%
Q2 22	+0.3%	-2.2%
Q3 22	+8.2%	-2.8%
Q4 22	+14.3%	+1.1%
Q1 23	+6.0%	-2.8%
Q2 23	+9.6%	-1.3%
Q3 23	+10.2%	+14.5%
Q4 23	+3.4%	+10.9%
Q1 24	+4.0%	+2.4%
Q2 24	-0.6%	+2.5%
Q3 24	+3.7%	+1.4%
Q4 24	+3.9%	+0.8%
Q1 25	+4.4%	+3.1%
Q2 25	+9.5%	+10.4%
Q3 25	+4.2%	+13.0%
Q4 25	+1.0%	-2.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$4M	0.6%
Q2 22	$4M	0.5%
Q3 22	$3M	0.5%
Q4 22	$4M	0.5%
Q1 23	$3M	0.4%
Q2 23	$3M	0.4%
Q3 23	$3M	0.4%
Q4 23	$3M	0.4%
Q1 24	$3M	0.4%
Q2 24	$4M	0.5%
Q3 24	$3M	0.5%
Q4 24	$4M	0.5%
Q1 25	$4M	0.5%
Q2 25	$3M	0.4%
Q3 25	$3M	0.3%
Q4 25	$2M	0.3%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$87M	—
Q2 22	$83M	—
Q3 22	$41M	$43M
Q4 22	$81M	—
Q1 23	$45M	$48M
Q2 23	$96M	—
Q3 23	$43M	$55M
Q4 23	$42M	$55M
Q1 24	$45M	$53M
Q2 24	$47M	$53M
Q3 24	$45M	$54M
Q4 24	$41M	$48M
Q1 25	$46M	$55M
Q2 25	$108M	—
Q3 25	$46M	$54M
Q4 25	$41M	—

Revenue Segments

Quarter	Health Care, Resident Service	Management Service	Other Operating Income	Reimbursement Costs, Managed Communities
Q1 22	$637M	$3M	$376.0K	$37M
Q2 22	$640M	$3M	$8M	$37M
Q4 22	$658M	$2M	$5M	$35M
Q1 23	$713M	$3M	$2M	$35M
Q2 23	$710M	$3M	$4M	$34M
Q4 23	$717M	$3M	—	$35M
Q1 24	$744M	$3M	—	$36M
Q2 24	$740M	$3M	—	$35M
Q4 24	$744M	$3M	—	$34M
Q1 25	$777M	$3M	—	$34M
Q2 25	$776M	$3M	—	$35M
Q3 25	$775M	$3M	—	$35M
Q4 25	$715M	$3M	—	$37M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$289M	$179M	$469M
Q2 22	$239M	$165M	$404M
Q3 22	$299M	$90M	$389M
Q4 22	$399M	$49M	$448M
Q1 23	$362M	$69M	$431M
Q2 23	$337M	$96M	$433M
Q3 23	$332M	$66M	$398M
Q4 23	$278M	$30M	$308M
Q1 24	$319M	$0	$319M
Q2 24	$290M	$20M	$310M
Q3 24	$255M	$30M	$284M
Q4 24	$309M	$20M	$329M
Q1 25	$240M	$0	$240M
Q2 25	$252M	$0	$252M
Q3 25	$253M	$0	$253M
Q4 25	$279M	$0	$279M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	186M	+0.3%	+1.0%
Q2 22	187M	+0.5%	+0.9%
Q3 22	187M	+0.0%	-4.8%
Q4 22	202M	+8.3%	+9.1%
Q1 23	225M	+11.0%	+20.8%
Q2 23	225M	+0.4%	+20.7%
Q3 23	225M	+0.0%	+20.7%
Q4 23	225M	+0.0%	+11.5%
Q1 24	226M	+0.2%	+0.6%
Q2 24	227M	+0.4%	+0.6%
Q3 24	228M	+0.6%	+1.2%
Q4 24	229M	+0.5%	+1.7%
Q1 25	231M	+0.6%	+2.1%
Q2 25	233M	+0.9%	+2.6%
Q3 25	234M	+0.7%	+2.7%
Q4 25	234M	0.0%	+2.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$20.5K	33K
Q2 22	$20.6K	33K
Q3 22	$19.8K	33K
Q4 22	$19.3K	36K
Q1 23	$20.0K	36K
Q2 23	$20.7K	36K
Q3 23	$20.0K	36K
Q4 23	$20.0K	36K
Q1 24	$20.7K	36K
Q2 24	$20.6K	36K
Q3 24	$20.7K	36K
Q4 24	$20.7K	36K
Q1 25	$21.7K	36K
Q2 25	$22.6K	36K
Q3 25	$21.6K	36K
Q4 25	$22.9K	33K

Revenue / Employee