LTC Q4 2023 Earnings — LTC Properties, Inc. Revenue & Financial Results | Market Cap Arena

LTCLTC Properties, Inc.

$2B

Q4 2023 Earnings

Real Estate REIT - Healthcare Facilities

Income Statement

Revenue

$50M+4.9% YoY

Gross Profit

$47M93.0% margin

Operating Income

$28M56.4% margin

Net Income

$28M56.2% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$25M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$939M

Stockholders' Equity

$881M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$48M	+4.9%
Gross Profit	$47M	$45M	+4.8%
Operating Income	$28M	$18M	+58.8%
Net Income	$28M	$18M	+57.4%