LTC Q2 2024 Earnings — LTC Properties, Inc. Revenue & Financial Results | Market Cap Arena

LTCLTC Properties, Inc.

$2B

Q2 2024 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$50M+3.9% YoY

Gross Profit

$47M93.5% margin

Operating Income

$19M38.0% margin

Net Income

$19M38.6% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$37M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$908M

Stockholders' Equity

$889M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$48M	+3.9%
Gross Profit	$47M	$45M	+4.0%
Operating Income	$19M	$6M	+206.1%
Net Income	$19M	$6M	+213.6%