CareTrust REIT Past Earnings Performance
Past criteria checks 1/6
CareTrust REIT's earnings have been declining at an average annual rate of -14.2%, while the Health Care REITs industry saw earnings declining at 6% annually. Revenues have been growing at an average rate of 6.2% per year. CareTrust REIT's return on equity is 3.8%, and it has net margins of 24.5%.
Key information
-14.2%
Earnings growth rate
-17.6%
EPS growth rate
| Health Care REITs Industry Growth | 11.2% |
| Revenue growth rate | 6.2% |
| Return on equity | 3.8% |
| Net Margin | 24.5% |
| Next Earnings Update | 03 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How CareTrust REIT makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 218 | 53 | 22 | 0 |
| 30 Sep 23 | 210 | 41 | 20 | 0 |
| 30 Jun 23 | 204 | 33 | 20 | 0 |
| 31 Mar 23 | 200 | 55 | 20 | 0 |
| 31 Dec 22 | 196 | -8 | 20 | 0 |
| 30 Sep 22 | 194 | -4 | 26 | 0 |
| 30 Jun 22 | 192 | 7 | 26 | 0 |
| 31 Mar 22 | 193 | 8 | 27 | 0 |
| 31 Dec 21 | 192 | 71 | 27 | 0 |
| 30 Sep 21 | 187 | 74 | 20 | 0 |
| 30 Jun 21 | 184 | 84 | 18 | 0 |
| 31 Mar 21 | 180 | 82 | 17 | 0 |
| 31 Dec 20 | 178 | 81 | 16 | 0 |
| 30 Sep 20 | 178 | 80 | 17 | 0 |
| 30 Jun 20 | 166 | 49 | 16 | 0 |
| 31 Mar 20 | 168 | 49 | 16 | 0 |
| 31 Dec 19 | 163 | 46 | 15 | 0 |
| 30 Sep 19 | 160 | 41 | 14 | 0 |
| 30 Jun 19 | 166 | 65 | 14 | 0 |
| 31 Mar 19 | 158 | 59 | 13 | 0 |
| 31 Dec 18 | 157 | 58 | 13 | 0 |
| 30 Sep 18 | 153 | 44 | 12 | 0 |
| 30 Jun 18 | 147 | 41 | 12 | 0 |
| 31 Mar 18 | 140 | 30 | 12 | 0 |
| 31 Dec 17 | 133 | 26 | 11 | 0 |
| 30 Sep 17 | 125 | 32 | 11 | 0 |
| 30 Jun 17 | 119 | 28 | 10 | 0 |
| 31 Mar 17 | 112 | 34 | 9 | 0 |
| 31 Dec 16 | 105 | 29 | 9 | 0 |
| 30 Sep 16 | 99 | 26 | 9 | 0 |
| 30 Jun 16 | 90 | 19 | 9 | 0 |
| 31 Mar 16 | 82 | 13 | 8 | 0 |
| 31 Dec 15 | 75 | 10 | 8 | 0 |
| 30 Sep 15 | 68 | 5 | 8 | 0 |
| 30 Jun 15 | 66 | 7 | 6 | 0 |
| 31 Mar 15 | 63 | -6 | 11 | 0 |
| 31 Dec 14 | 59 | -8 | 11 | 0 |
| 30 Sep 14 | 56 | -10 | 11 | 0 |
| 30 Jun 14 | 52 | -12 | 12 | 0 |
| 31 Mar 14 | 50 | -1 | 7 | 0 |
| 31 Dec 13 | 49 | 0 | 5 | 0 |
| 30 Sep 13 | 47 | 1 | 3 | 0 |
| 30 Jun 13 | 45 | 1 | 2 | 0 |
Quality Earnings: 7XC has a large one-off loss of $40.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 7XC became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 7XC's earnings have declined by 14.2% per year over the past 5 years.
Accelerating Growth: 7XC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 7XC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Health Care REITs industry (-11%).
Return on Equity
High ROE: 7XC's Return on Equity (3.8%) is considered low.