LTC Q3 2024 Earnings — LTC Properties, Inc. Revenue & Financial Results | Market Cap Arena

LTCLTC Properties, Inc.

$2B

Q3 2024 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$56M+13.1% YoY

Gross Profit

$53M94.3% margin

Operating Income

$30M54.1% margin

Net Income

$29M52.6% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

+11.3%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$34M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$830M

Stockholders' Equity

$948M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$56M	$49M	+13.1%
Gross Profit	$53M	$46M	+14.3%
Operating Income	$30M	$22M	+35.6%
Net Income	$29M	$22M	+32.3%