LTC (LTC Properties, Inc.) Stock Financials & Earnings | Market Cap Arena

LTC (LTC Properties, Inc.) Stock Financials & Earnings | Market Cap Arena

LTCLTC Properties, Inc.

Mkt Cap$2B

Real Estate·REIT - Healthcare Facilities·🇺🇸 United States·NYSE

Revenue (TTM)$263M

Net Income (TTM)$118M

EPS (TTM)$2.52

Free Cash Flow (TTM)$136M

Gross Margin75.1%

Op. Margin48.2%

Net Margin44.9%

FCF Margin51.7%

P/S Ratio (TTM)7.2x

P/E Ratio (TTM)16.0x

YoY Rev Growth+25.3%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$50M	$46M	$33M
Q2 23	$48M	$45M	$6M
Q3 23	$49M	$46M	$22M
Q4 23	$50M	$47M	$28M
Q1 24	$51M	$48M	$24M
Q2 24	$50M	$47M	$19M
Q3 24	$56M	$53M	$30M
Q4 24	$53M	$49M	$19M
Q1 25	$49M	$46M	$19M
Q2 25	$60M	$48M	$30M
Q3 25	$69M	$49M	$33M
Q4 25	$84M	$54M	$45M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	10.3x	15.9x
Q2 23	10.0x	26.8x
Q3 23	9.7x	23.8x
Q4 23	9.6x	21.1x
Q1 24	9.5x	23.4x
Q2 24	9.4x	20.1x
Q3 24	9.1x	18.7x
Q4 24	9.0x	20.8x
Q1 25	9.1x	21.6x
Q2 25	8.7x	22.7x
Q3 25	8.2x	55.9x
Q4 25	7.2x	16.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$18M	$15M
Q2 23	$28M	$28M
Q3 23	$32M	$32M
Q4 23	$25M	$25M
Q1 24	$21M	$21M
Q2 24	$37M	$37M
Q3 24	$34M	$34M
Q4 24	$33M	$33M
Q1 25	$30M	$30M
Q2 25	$30M	$30M
Q3 25	$38M	$38M
Q4 25	$38M	$38M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$3M
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$0
Q3 25	$0
Q4 25	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+21.4%	-38.8%
Q2 23	+12.1%	+478.9%
Q3 23	+13.3%	-11.3%
Q4 23	+4.9%	-27.0%
Q1 24	+3.8%	+65.8%
Q2 24	+3.9%	-26.1%
Q3 24	+13.1%	-5.3%
Q4 24	+4.8%	+53.8%
Q1 25	-4.5%	+12.6%
Q2 25	+20.2%	-3.9%
Q3 25	+24.2%	+43.1%
Q4 25	+60.3%	+16.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$2M	4.2%
Q2 23	$2M	4.4%
Q3 23	$2M	4.3%
Q4 23	$2M	4.2%
Q1 24	$2M	4.3%
Q2 24	$2M	4.6%
Q3 24	$2M	4.1%
Q4 24	$2M	4.3%
Q1 25	$2M	4.6%
Q2 25	$3M	4.6%
Q3 25	$2M	3.1%
Q4 25	$2M	2.5%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$6M	—
Q2 23	$6M	—
Q3 23	$6M	—
Q4 23	$6M	—
Q1 24	$6M	—
Q2 24	$7M	—
Q3 24	$7M	—
Q4 24	$7M	—
Q1 25	$7M	—
Q2 25	$8M	—
Q3 25	$8M	—
Q4 25	$8M	$873K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$6M	$0	$6M
Q2 23	$7M	$0	$7M
Q3 23	$11M	$0	$11M
Q4 23	$20M	$0	$20M
Q1 24	$9M	$0	$9M
Q2 24	$6M	$0	$6M
Q3 24	$35M	$0	$35M
Q4 24	$9M	$0	$9M
Q1 25	$23M	$0	$23M
Q2 25	$8M	$0	$8M
Q3 25	$18M	$0	$18M
Q4 25	$14M	$0	$14M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	41M	+1.0%
Q2 23	41M	+0.1%
Q3 23	41M	-0.1%
Q4 23	42M	+2.0%
Q1 24	43M	+2.3%
Q2 24	43M	+1.0%
Q3 24	44M	+2.1%
Q4 24	46M	+2.5%
Q1 25	46M	+0.4%
Q2 25	46M	+0.8%
Q3 25	46M	+0.2%
Q4 25	47M	+0.9%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$6M	19
FY 15	$6M	22
FY 16	$7M	24
FY 17	$8M	20
FY 18	$8M	21
FY 19	$8M	22
FY 20	$7M	24
FY 21	$6M	25
FY 22	$7M	24
FY 23	$9M	23
FY 24	$9M	23
FY 25	$11M	25