Saturday 31 October 2026 Export LTC’s income statement to Excel — free account

LTC Properties, Inc.

LTC Real Estate Reit Healthcare Facilities

LTC Properties, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $262.9 million, up 25.3% from fiscal 2024. In the quarter to June 2026, revenue grew 64.1%, EPS grew 72.7%, free cash flow fell 213.9% and total debt rose 11.6%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for three; insiders bought in the last twelve months.

44.75 0.43 +0.97%

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Market cap: $2.4B
P/E: 16.3×
Fwd P/E: 23.6×
Dividend yield: 5.96%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis

Insider Decisions trades per month

Total buys 1.44

Total sells 0.12

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	1	—	—	1	—	1	1	—	1	—	—
Sell	—	—	—	—	—	—	—	—	1	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 2,390.00

Revenue 347.85

Net Income 140.88

Free Cash Flow (333.69)

Net Debt 736.66

Current Ratio 8.60

Debt/Equity 0.58

P/E ratio 16.28

Fwd P/E 23.60

P/S ratio 6.65

P/B ratio 1.72

Past 5Y EPS Growth 0.81%

This Y EPS Growth (10.65%)

Next Y EPS Growth (17.35%)

Next Y revenue growth 66.18%

Next 5Y EPS Growth (10.22%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 34.89%

10-year low 10-year high

P/S against its own 10 years 8.48%

10-year low 10-year high

P/B against its own 10 years 37.64%

10-year low 10-year high

EV/Sales against its own 10 years 4.52%

10-year low 10-year high

Dividends

Payout Ratio 0.98

Annual Dividend Rate 2.66

Annual Dividend Yield 5.96%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.28	0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19
2025	2.28	0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19
2024	2.28	0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19
2023	2.28	0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19
2022	2.28	0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19
2021	2.28	0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19
2020	2.28	0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19
2019	2.28	0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19
2018	2.28	0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19
2017	2.28	0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19
2016	2.19	0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.19 0.19 0.19

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	20	9	14	40
Receivables	74	82	41	42
Inventory	—	—	—	—
Other	—	—	—	—
	632	451	462	500

	2023	2024	2025	Q'26
Payables	—	—	—	—
ST’ Debt	—	—	—	—
Other	—	—	—	—
	48	49	57	58

Compound Annual Growth %

	10y	5y	3y
Sales	6.80%	10.53%	14.49%
Cash Flow	2.88%	3.21%	8.80%
Earnings	5.27%	4.33%	5.65%
Book Value	5.84%	8.42%	10.98%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate 0.72 Actual 0.68

0.64 0.66 0.69 0.71 0.73

Q3 FY25 Beat +0.04

Q4 FY25 Beat +0.02

Q1 FY26 Miss −0.03

Q2 FY26 Miss −0.04

Q3 FY26 — Nov 3

Earnings per share against the consensus, by quarter
Quarter	Estimate	Reported	Result
Q3 FY25	0.65	0.69	Beat by 0.04
Q4 FY25	0.68	0.70	Beat by 0.02
Q1 FY26	0.72	0.69	Miss by 0.03
Q2 FY26	0.72	0.68	Miss by 0.04
Q3 FY26	0.70	—	Reports 3 November 2026

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.48	0.56	—	—	—
’25	0.45	0.32	(0.44)	2.11	2.52
’24	0.56	0.44	0.66	0.39	2.04
’23	0.80	0.15	0.54	0.67	2.16
’22	0.36	1.36	0.32	0.44	2.48
’21	0.35	0.46	0.28	0.32	1.41
’20	1.60	0.05	0.31	0.45	2.42

Fiscal quarters ending in the months shown.

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	95	99	—	—	—
’25	49	60	69	84	263
’24	51	50	56	53	210
’23	50	48	49	50	197
’22	41	43	44	48	175
’21	40	38	37	39	155
’20	46	28	38	46	159

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	31	34	—	—	—
’25	30	30	38	38	136
’24	21	37	34	34	126
’23	18	28	32	26	104
’22	19	30	24	33	106
’21	21	27	21	22	91
’20	24	32	30	30	116

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(18)	(33)	—	—	—
’25	28	29	(234)	(49)	(226)
’24	19	35	28	30	112
’23	15	(16)	31	21	51
’22	18	(24)	23	28	45
’21	20	26	18	20	85
’20	4	24	26	24	79

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	Trend	10 yrs	2026e	2027e	2028e	Next 3/yr
												Ten-year view		Analyst estimates Powerpack
Price, $
Price, $	Low	40.55	43.21	34.46	40.11	24.49	31.36	32.23	30.50	30.30	31.70		(2.7%)	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
	High	54.20	52.85	47.07	53.04	50.50	44.73	45.49	38.94	39.89	37.25		(4.1%)	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
People
People	Employees	24	20	21	22	24	25	24	23	23	25		+0.5%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
	Revenue/emp, $m	6.73	8.40	8.03	8.42	6.64	6.21	7.30	8.58	9.12	10.51		+5.1%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
Income, $m
Income, $m	Revenue	162	168	169	185	159	155	175	197	210	263		+5.6%	437	658	857	+48.3%
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00		0.0 pt	Powerpack LTC Properties, Inc.’s next three years, line by line Analysts expect revenue to grow 48.3% a year to 2028 — faster than the 5.6% of the last 9 years. See the consensus for every other line: earnings, margins, cash flow, valuation and returns. Unlock estimates Try Powerpack free for 7 days, then $99 / year ($8.25 a month). Cancel any time. Also in Powerpack: every quarter, Excel exports, API & MCP access. Compare plans
	EBT	85	87	155	81	96	56	101	91	95	124		+4.3%
	EBT margin, %	52.68	51.97	91.95	43.64	60.05	36.20	57.43	46.37	45.21	47.13		(5.6) pt
	Net income	85	87	155	81	96	56	101	91	95	124		+4.3%
	Depreciation	38	40	40	40	41	40	40	39	38	40		+0.7%
Per share, $
Per share, $	Revenue	4.21	4.26	4.27	4.68	4.07	3.97	4.39	4.78	4.80	5.69		+3.4%
	Earnings	2.21	2.21	3.91	2.03	2.42	1.41	2.49	2.16	2.07	2.54		+1.6%
	Cash flow	2.75	2.67	2.93	3.09	2.96	2.33	2.65	2.53	2.88	2.94		+0.7%
	Capex	(3.23)	(2.75)	(2.00)	(2.07)	(0.95)	(0.16)	(1.53)	(1.29)	(0.32)	(7.83)		+10.3%
	Free cash flow	(0.48)	(0.07)	0.93	1.03	2.01	2.17	1.12	1.24	2.56	(4.89)		+29.5%
	Book value	19.28	19.25	21.10	19.85	19.80	19.03	21.31	22.20	24.07	25.14		+3.0%
	Shares, m	38	39	39	40	39	39	40	41	44	46		+2.1%
Valuation, ×
Valuation, ×	P/E	21.36	19.88	10.66	22.27	16.15	24.21	14.30	14.94	16.77	13.92		17.4
	P/S	11.21	10.25	9.76	9.56	9.57	8.61	8.14	6.75	7.20	6.05		8.7
	P/B	2.45	2.27	1.98	2.26	1.97	1.79	1.68	1.45	1.44	1.37		1.9
	EV/Sales	14.94	14.19	13.55	13.28	13.59	13.23	12.47	11.17	10.42	9.20		12.6
	EV/FCF	(131.52)	(822.64)	62.45	60.47	27.45	24.20	48.88	43.15	19.54	(10.70)		(67.9)
Cash, $m
Cash, $m	Operating cash flow	106	105	116	122	116	91	106	104	126	136		+2.8%
	Capex	(124)	(108)	(79)	(82)	(37)	(6)	(61)	(53)	(14)	(362)		+12.6%
	Free cash flow	(18)	(3)	37	41	79	85	45	51	112	(226)		+32.2%
Balance, $m
Balance, $m	Working capital	274	286	319	313	302	405	488	584	402	405		+4.4%
	Total debt	609	668	645	693	649	723	768	891	685	842		+3.7%
	Net debt	601	662	640	689	642	718	757	871	675	828		+3.6%
	Shareholders’ equity	740	759	833	785	776	745	850	916	1,053	1,162		+5.1%
Returns, %
Returns, %	ROA	6.35	6.08	10.36	5.29	6.38	3.74	6.29	5.08	4.96	6.10		(0.3) pt
	ROIC	3.91	3.74	6.46	3.47	4.22	2.34	3.85	3.15	3.34	3.68		(0.2) pt
	ROE	12.11	11.61	19.40	9.90	12.15	7.29	12.47	10.09	9.18	10.59		(1.5) pt

Negative figures in brackets.

estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CTRE CareTrust REIT, Inc.	$8.6B	22.8×	23.4×	+43.46% (above 0%: growing)	+5.56% (above 0%: growing)	+88.99% (above 0%: growing)	98.66%	67.53%	Compare
HR Healthcare Realty Trust Incorporated	$6.2B	— (loss-making)	— (loss-making)	−5.26% (below 0%: shrinking)	n/m	−28.80% (below 0%: shrinking)	64.88%	13.83%	Compare
SBRA Sabra Healthcare REIT, Inc.	$5.0B	76.0×	48.8×	+24.70% (above 0%: growing)	n/m	−666.09% (below 0%: shrinking)	100.00%	(13.59%)	Compare
NHI National Health Investors, Inc.	$3.3B	19.3×	16.5×	+33.81% (above 0%: growing)	+45.57% (above 0%: growing)	+2,585.45% (above 0%: growing)	72.18%	41.09%	Compare
LTC LTC Properties, Inc.	$2.4B	16.3×	23.6×	+64.11% (above 0%: growing)	+72.73% (above 0%: growing)	−213.92% (below 0%: shrinking)	100.00%	31.24%
DHC Diversified Healthcare Trust	$1.9B	— (loss-making)	8.4×	−4.53% (below 0%: shrinking)	n/m	−93.96% (below 0%: shrinking)	23.11%	(0.14%)	Compare
MPT Medical Properties Trust, Inc.	$1.5B	— (loss-making)	15.0×	+7.87% (above 0%: growing)	n/m	−15.15% (below 0%: shrinking)	95.68%	3.31%	Compare
NHP National Healthcare Properties, Inc.	$1.1B	— (loss-making)	— (loss-making)	+2.58% (above 0%: growing)	n/m	−1,428.91% (below 0%: shrinking)	38.17%	5.81%	Compare
STRW Strawberry Fields REIT, Inc.	$704.0M	19.5×	18.8×	+5.78% (above 0%: growing)	0.00%	+55.53% (above 0%: growing)	89.67%	53.67%	Compare
Median of peers	$2.6B	21.2×	17.7×	+6.83%	+5.56%	−21.97%	80.93%	9.82%

All 17 Reit Healthcare Facilities stocks →

Pay and ownership Proxy statement filed 8 April 2026

Ownership

Directors and executive officers, together 2.20% of Common Stock

BlackRock, Inc. 15.80% of Common Stock

Vanguard Portfolio Management 9.60% of Common Stock

State Street Corporation 6.30% of Common Stock

Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement