LTC Properties Past Earnings Performance
Past criteria checks 0/6
LTC Properties's earnings have been declining at an average annual rate of -9.8%, while the Health Care REITs industry saw earnings declining at 9.8% annually. Revenues have been growing at an average rate of 0.9% per year. LTC Properties's return on equity is 10%, and it has net margins of 46.5%.
Key information
-9.8%
Earnings growth rate
-10.4%
EPS growth rate
| Health Care REITs Industry Growth | -12.2% |
| Revenue growth rate | 0.9% |
| Return on equity | 10.0% |
| Net Margin | 46.5% |
| Next Earnings Update | 29 Apr 2024 |
Recent past performance updates
Recent updates
I Am Buying This Fat 7.2% Yielding Trust Hand Over Fist
Apr 24LTC Properties: Undervalued 7% Yield Poised For A Rebound
Feb 23LTC Properties: Strong Healthcare Trends Support 7% Yield
Dec 13LTC Properties: Key Metrics On This 7.2% Monthly Payer
Oct 08LTC Properties: A +6% Monthly Dividend To Pad Your Cash Flow
Jul 26LTC Properties FFO of $0.72 beats by $0.02, revenue of $47.84M beats by $2.73M
Feb 16LTC Properties declares $0.19 dividend
Jan 03LTC Properties: A 6.2% Monthly Payer You Don't Want To Miss
Dec 23LTC Properties Remains Attractive Despite Its Vast Outperformance
Dec 09LTC Properties: Strong Buy Opportunity
Sep 30LTC Properties: Getting Over COVID But Not There Yet
Aug 04LTC Properties declares $0.19 dividend
Jul 01LTC Properties: On A Path To Recovery
May 25LTC Properties: Buy This 6.3% Yielding REIT For Your Dividend Portfolio
Mar 17LTC Properties: 6.8% Yield, But The Risks Keep Increasing
Feb 22Lock In The 6.4% Dividend Yield Of LTC Properties Before It Is Too Late
Jan 25Revenue & Expenses BreakdownBeta
How LTC Properties 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 | 192 | 89 | 30 | 0 |
| 30 Sep 23 | 190 | 79 | 27 | 0 |
| 30 Jun 23 | 184 | 70 | 26 | 0 |
| 31 Mar 23 | 179 | 118 | 27 | 0 |
| 31 Dec 22 | 172 | 99 | 25 | 0 |
| 30 Sep 22 | 165 | 94 | 26 | 0 |
| 30 Jun 22 | 159 | 92 | 24 | 0 |
| 31 Mar 22 | 155 | 56 | 24 | 0 |
| 31 Dec 21 | 155 | 55 | 22 | 0 |
| 30 Sep 21 | 162 | 60 | 21 | 0 |
| 30 Jun 21 | 162 | 61 | 20 | 0 |
| 31 Mar 21 | 152 | 45 | 20 | 0 |
| 31 Dec 20 | 158 | 95 | 20 | 0 |
| 30 Sep 20 | 158 | 90 | 19 | 0 |
| 30 Jun 20 | 167 | 105 | 19 | 0 |
| 31 Mar 20 | 185 | 123 | 19 | 0 |
| 31 Dec 19 | 185 | 80 | 19 | 0 |
| 30 Sep 19 | 180 | 98 | 19 | 0 |
| 30 Jun 19 | 175 | 106 | 19 | 0 |
| 31 Mar 19 | 171 | 154 | 19 | 0 |
| 31 Dec 18 | 166 | 154 | 19 | 0 |
| 30 Sep 18 | 167 | 143 | 19 | 0 |
| 30 Jun 18 | 166 | 129 | 18 | 0 |
| 31 Mar 18 | 166 | 86 | 19 | 0 |
| 31 Dec 17 | 167 | 87 | 19 | 0 |
| 30 Sep 17 | 167 | 88 | 20 | 0 |
| 30 Jun 17 | 168 | 90 | 20 | 0 |
| 31 Mar 17 | 165 | 86 | 18 | 0 |
| 31 Dec 16 | 162 | 85 | 18 | 0 |
| 30 Sep 16 | 157 | 82 | 17 | 0 |
| 30 Jun 16 | 152 | 78 | 16 | 0 |
| 31 Mar 16 | 144 | 73 | 16 | 0 |
| 31 Dec 15 | 137 | 70 | 16 | 0 |
| 30 Sep 15 | 130 | 72 | 15 | 0 |
| 30 Jun 15 | 124 | 70 | 14 | 0 |
| 31 Mar 15 | 120 | 70 | 12 | 0 |
| 31 Dec 14 | 118 | 70 | 12 | 0 |
| 30 Sep 14 | 116 | 63 | 13 | 0 |
| 30 Jun 14 | 112 | 60 | 13 | 0 |
| 31 Mar 14 | 108 | 56 | 13 | 0 |
| 31 Dec 13 | 104 | 52 | 14 | 0 |
| 30 Sep 13 | 100 | 50 | 12 | 0 |
| 30 Jun 13 | 98 | 47 | 12 | 0 |
Quality Earnings: LTC has a large one-off gain of $21.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: LTC's current net profit margins (46.5%) are lower than last year (57.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LTC's earnings have declined by 9.8% per year over the past 5 years.
Accelerating Growth: LTC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LTC had negative earnings growth (-10.4%) over the past year, making it difficult to compare to the Health Care REITs industry average (-18.7%).
Return on Equity
High ROE: LTC's Return on Equity (10%) is considered low.