LTC Q3 2023 Earnings — LTC Properties, Inc. Revenue & Financial Results | Market Cap Arena

LTCLTC Properties, Inc.

$2B

Q3 2023 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$49M+13.3% YoY

Gross Profit

$46M93.4% margin

Operating Income

$22M45.1% margin

Net Income

$22M45.0% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$32M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.0B

Stockholders' Equity

$825M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$49M	$44M	+13.3%
Gross Profit	$46M	$39M	+17.1%
Operating Income	$22M	$13M	+71.0%
Net Income	$22M	$13M	+67.0%