CareTrust REIT, Inc.CTRE
What CareTrust REIT, Inc. does.
CareTrust REIT is a self-administered, publicly-traded REIT engaged in the ownership, acquisition, financing, development and leasing of skilled nursing, senior housing and other healthcare-related properties.
As of December 31, 2025, CareTrust REIT owned, directly or indirectly in consolidated joint ventures, and leased to independent operators, 407 skilled nursing facilities (each, a “SNF”), senior housing communities and other properties consisting of 37,628 operational beds and units located in 32 states and the United Kingdom (the “U.K.”), with the highest concentration of properties by rental income located in California, the U.K., Texas, and Tennessee. As of December 31, 2025, we also had other real estate related investments consisting of four preferred equity investments, 16 real estate secured loans receivable and five mezzanine loans receivable with a carrying value of $899.3 million and one financing receivable with a carrying value of $92.2 million.
During the fourth quarter of 2025, we began utilizing the structure authorized by the REIT Investment Diversification and Empowerment Act of 2007 (commonly referred to as “RIDEA”) as permitted by the Housing and Economic Recovery Act of 2008 in connection with the establishment of a senior housing operating portfolio (“SHOP”) platform, and completed our first SHOP acquisition in December 2025. As of December 31, 2025, CareTrust REIT also owned, indirectly in consolidated joint ventures, the properties and operations of three senior housing communities consisting of 270 units in Texas that are operated on our behalf by independent managers pursuant to the terms of separate management agreements.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $178.3M | $192.4M | $196.1M | $217.8M | $296.3M | $476.4M |
| Net income | $80.9M | $72.0M | -$7.5M | $53.7M | $125.1M | $320.5M |
| Free cash flow | — | — | — | — | — | — |
More on CTRE.
- CareTrust REIT, Inc. summary
- CareTrust REIT, Inc. financial statements
- CareTrust REIT, Inc. key metrics
- CareTrust REIT, Inc. health scores and style box
- CareTrust REIT, Inc. earnings
- CareTrust REIT, Inc. dividends
- CareTrust REIT, Inc. valuation
- CareTrust REIT, Inc. ownership and insiders
- CareTrust REIT, Inc. peers
Figures from CareTrust REIT, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.